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New shipping channel will carry natural gas through the Arctic

2014-07-11 22:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Most people think the thinning of the sea ice at the top of the world is a bad thing. But not shipping and fossil fuel interests. Shipping companies this week announced that they would use icebreakers to carve a new Arctic shipping route to help them deliver natural gas from a processing plant in western Siberia to customers in Japan and China. The Wall Street Journal reports: Once virtually impassable, the Arctic Ocean is now attracting interest as a shipping route because global warming has...

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New England Confronts Surging Demand Natural Gas

2014-07-11 02:40:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Standing on a dirt road outside his aging barn, Walter Jaworski, a former veterinarian turned cattle rancher in this rural part of north-central Massachusetts, points south across his 200 acres of forest and pasture to a nearby tree line. If things dont go his way, he says, thats about where a new natural gas pipeline will slice through his land on a 180-mile journey from central New York to a transmission hub north of Boston. The project, proposed by the pipeline giant Kinder Morgan at a cost...

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Barclays Might Sell Natural Resource Unit For $1.4 Billion

2014-07-10 15:44:00| OGI

"Barclays is the latest bank to divest private-equity holdings as regulators press lenders to bolster their capital," Bloomberg said.

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Natural disaster costs down so far in 2014: Munich Re

2014-07-09 13:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Floods, storms and other natural disasters claimed more than 2,700 lives and caused around $42 billion in damage worldwide in the first half of 2014, but this was well below the first half of last year and a 10-year average, reinsurer Munich Re said on Wednesday. The world's biggest reinsurer said landslides and flash floods in Afghanistan were the deadliest disasters, claiming more than 650 lives, while snow storms in Japan were the costliest, with insured losses of more than $2.5 billion. Storm...

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US$3 bil. deal adds natural flavors to ADM portfolio

2014-07-08 20:27:22| Food - Topix.net

Archer Daniels Midland already makes sweeteners, fibers, emulsifiers and an array of other ingredients used in packaged foods and drinks.

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