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Global Fossil Fuel Subsidies Topped $620 Billion in 2011

2013-02-27 22:01:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The energy game is rigged in favor of fossil fuels because we omit the environmental and health costs of burning coal, oil and natural gas from their prices. Subsidies manipulate the game even further. According to conservative estimates from the Global Subsidies Initiative and the International Energy Agency (IEA), governments around the world spent more than $620 billion to subsidize fossil fuel energy in 2011: some $100 billion for production and $523 billion for consumption. This was 20 percent...

Tags: global fuel billion fossil

 

The Case Against Fossil, First Solar and Salesforce.com

2013-02-26 18:23:24| Jewelry - Topix.net

Is Fossil a first-rate growth company? The market thinks so. The shares of this cool watch vendor go for 18 times trailing earnings and for three times what they did five years ago.

Tags: case solar fossil salesforcecom

 
 

Analysts' Recent Ratings Updates for Fossil

2013-02-20 12:21:20| Jewelry - Topix.net

Several investment firms have updated their stock ratings and price targets on shares of Fossil in the last week: Fossil was downgraded by analysts at Benchmark Co.

Tags: recent ratings updates analysts

 

Boxer, Sanders introduce bill to require carbon tax payment by fossil fuel producers

2013-02-16 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Sens. Barbara Boxer (D-Calif.) and Bernie Sanders (I-Vt.) introduced a sweeping climate change bill Feb. 14 that would require several thousand coal, oil, and gas producers to pay a $20-per-ton carbon fee, which the two senators touted as a simpler alternative to the Democrat-led, economywide, cap-and-trade approach that collapsed in the Senate in 2010. Boxer, who chairs the Senate Environment and Public Works Committee, said she plans to move the Climate Protection Act of 2013 (S. 332) through...

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

2013-02-15 11:30:10| Green Car Congress

Tags: price support large remove

 

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