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'Unburnable carbon' scenario risks global financial crisis

2013-04-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: A new report is warning that too much investment in fossil fuel reserves risks bringing on a new global economic crisis. The report says at least two-thirds of oil, gas and coal reserves owned by listed firms would become useless if world leaders succeed in cutting greenhouse gas emissions by the amount they've pledged. Professor Nicholas Stern, who wrote a landmark climate change report for the British government back in 2006, is warning that it could be the making of a new financial crisis....

Tags: global financial risks crisis

 

Advice For Producers: Understand Liability Risks

2013-04-18 18:00:00| OGI

Carefully review insurance policies in regard to frac jobs, broker says.

Tags: advice understand liability risks

 
 

US: Research finds men "taking more fashion risks"

2013-04-17 15:25:00| Daily apparel & textile news and comment - from just-style.com

Men are taking more risks in their apparel purchases in the US, with the market moving up 1% to US$57bn last year, according to new research.

Tags: research men taking fashion

 

Asia's soaring energy demands will pose major economic, climate, health risks: Report

2013-04-10 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: Asia is moving along a dangerous path that will threaten its energy security, worsen environmental damages and widen the gap between rich and poor unless the region dramatically changes its course of energy use, the Asian Development Bank (ADB) said in a report published yesterday. Asia's Energy Challenge, a special theme chapter in the ADB's "Asian Development Outlook 2013," highlights the dilemma the region faces in seeking to meet the energy needs of its billions of citizens while restraining...

Tags: report health major energy

 

Obama Admin. Overlooked Fracking Risks in California Leases, Judge Rules

2013-04-09 07:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A federal judge has ruled the Obama administration broke the law when it issued oil leases in central California without fully weighing the environmental impact of "fracking," a setback for companies seeking to exploit the region's enormous energy resources. The decision, made public on Monday, effectively bars for the time being any drilling on two tracts of land comprising 2,500 acres leased for oil and gas development in 2011 by the Interior Department's Bureau of Land Management in Monterey...

Tags: rules california admin judge

 

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