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Obamas $2 Billion Plan to Replace Fossil Fuels in Cars

2013-03-15 11:31:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: With few options available for financing his clean-energy ambitions, President Obama on Friday will propose diverting $2 billion in revenue from federal oil and gas leases over the next decade to pay for research on advanced vehicles, White House officials said. Mr. Obama will visit the Argonne National Laboratory near Chicago to tour its state-of-the-art research facilities and to promote his idea, first proposed in last months State of the Union address, to use oil and gas money to find ways...

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Despite Federal Funding, Renewables Will Take Backseat To Fossil Fuels

2013-03-15 09:30:00| OGI

Billions spent on renewable energy sources wont solve infrastructure problems, study says.

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Carbon Capture Vital for EU as Fossil Fuels to Stay, Draft Shows

2013-03-13 08:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The European Union will seek to promote the deployment of technology to capture carbon dioxide to attain its climate goals as fossil fuels are to remain a part of the blocs energy mix, according to a draft EU document. The price of carbon is too low to stimulate investment in carbon capture and storage, or CCS, and existing policy tools have so far failed to encourage the development of large-scale demonstration projects, according to the draft prepared by the European Commission, the EUs regulatory...

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Clean Power Collateral Damage: Of Birds, Tortoises And The Transition From Fossil Fuels

2013-03-11 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: Is kickstarting a clean-energy industry and accelerating a movement away from fossil fuels worth the expense of, say, a few desert tortoises or a collection of piping plovers? If so, how many of these threatened species would you be willing to sacrifice to build a commercial wind farm, or a utility-scale solar array? It's a stark and oversimplified way to frame things, of course, but the exercise helps to highlight the reality that renewable energy has environmental impacts, too. It's a point...

Tags: power clean damage transition

 

Fossil Receives "Buy" Rating from TheStreet

2013-02-28 17:09:33| Jewelry - Topix.net

The analysts wrote, "Fossil has been reiterated by TheStreet Ratings as a buy with a ratings score of B . The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and ... (more)

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