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United Kingdom: 'Carbon bubble' threatens stock markets, say MPs
2014-03-10 10:28:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: The world's financial markets could be creating a "carbon bubble" by over valuing the fossil fuel assets of large companies say MPs. Much of this coal and oil may have to be left in the ground to combat climate change, according to the Environmental Audit Committee (EAC) The Committee also hits out at the lack of green finance. Less than half the 200bn needed to deliver emissions cuts by 2020 is in place they say. A number of studies in recent years have warned that stock markets around...
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united kingdom
Switzerland Seeks Precision as 30 Nations Shape Carbon Markets
2014-03-10 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Nations setting up carbon markets must standardize their emission-reduction benchmarks to ensure international efforts to limit global warming stay on track, according to Switzerlands climate envoy. At least 30 of 200 countries meeting at talks this week in Bonn are developing carbon trading systems to help meet emissions targets under a worldwide treaty to start in 2020. Nations should measure greenhouse-gas cuts as tons of carbon dioxide even if they pursue hard-to-quantify policies such as...
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carbon
Ensco Plc Downgraded to "Market Perform" at BMO Capital Markets
2014-03-10 06:51:38| Oil & Gas - Topix.net
Shares of Ensco Plc remained flat at $51.94 during during mid-day trading trading on Thursday.
Tags: market
capital
perform
markets
Asian markets tumble on weak data
2014-03-10 06:09:07| BBC News | Business | UK Edition
Asian shares fall after both China and Japan released disappointing economic data, worrying investors about a slowdown in the region.
Ensco Plc Downgraded to "Market Perform" at BMO Capital Markets
2014-03-10 05:05:03| Energy - Topix.net
Shares of Ensco Plc remained flat at $51.94 during during mid-day trading trading on Thursday.
Tags: market
capital
perform
markets
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