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Texas eyes one fossil fuel as prospects dim for another
2015-11-03 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
EnergyWire: Texas, it might seem, has been slow to get the memo on coal. The state still has about 20 coal-fired power plants plugging away, according to a Sierra Club tally. It remains the top carbon dioxide emitter in the country, and coal generated over a third of the electricity used in Texas' main power market last year. Yet behind that facade, the generation mix is shifting. Observers and planners suggest thousands of megawatts of Texas coal-fired generation could be ripe for closure in the wake...
UK spends more on fossil fuel aid projects than renewables
2015-11-02 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Times: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/3a27dd62-809c-11e5-a01c-8650859a4767.html#ixzz3qLh3oEno The UKs climate change credentials are under fire again after it emerged it had spent 2.2bn in poor countries to help build coal power plants and other fossil fuel energy...
Ségolne Royal calls on UN summit to raise fossil fuel cost
2015-11-01 08:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Times: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/a1d14842-7f41-11e5-98fb-5a6d4728f74e.html#ixzz3qFtKcKTM The UN summit due to finalise a new global climate change agreement in Paris next month should look at raising the cost of burning fossil fuels, says French cabinet minister,...
Prince Charles Urges Investors to Divest From Fossil Fuels
2015-10-30 13:49:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: The heir to the British throne, speaking to a gathering of some of the worlds leading investors controlling billions of dollars worth of funds, said its vital that finance markets send a strong signal to politicians about the need for a global agreement on climate change. Prince Charles said global warming is an increasing source of risk to the financial community, and investing in projects that will help the world stay within a 2°C rise in temperatures over pre-industrial levels need not hurt...
Tags: charles
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Fossil fuel companies risk plague of 'asbestos' lawsuits as tide turns on climate change
2015-10-28 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Telegraph: Oil, gas and coal companies face the mounting risk of legal damages for alleged climate abuse as global leaders signal an end to business-as-usual and draw up sweeping plans to curb greenhouse gas emissions, Bank of America has warned. nvestors in the City are increasingly concerned that fossil fuel groups and their insurers are on the wrong side of a powerful historical shift and could be swamped with exhorbitant class-action lawsuits along the lines of tobacco and asbestos litigation in the...
Tags: change
companies
risk
fuel
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