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Richest countries spent $74 billion on fossil fuel subsidies in 2011
2013-11-13 19:14:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: In 2011, the top 11 richest carbon emitters spent an estimated $74 billion on fossil fuel subsidies, or seven times the amount spent on fast-track climate financing to developing nations, according to a recent report by the Overseas Development Institute. Worldwide, nations spent over half a trillion dollars on fossil fuel subsidies in 2011 according to the International Energy Agency (IEA). "The status quo encourages energy companies to continue burning high-carbon fossil fuels and offers no...
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India's richest get richer
2013-11-04 09:13:42| IT Services - Topix.net
Despite the slowing economy and the dip in the Indian rupee against most global currencies, the number of super-rich Indians grew by a modest 3% according to the latest compilation by Forbes.
Mukesh Ambani named richest Indian, Savitri Jindal tops women's ranking
2013-10-25 14:02:50| IT Services - Topix.net
Mukesh Ambani is followed by London-based steel baron L N Mittal with assets of USD 15.9 billion.
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Dan Gilbert jumps more than 100 spots on richest Americans list
2013-09-17 11:52:54| Apparel - Topix.net
Cleveland Cavaliers and Horseshoe Casino owner Dan Gilbert jumped more than 100 spots on the Forbes 400 Richest Americans list .
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Richest Tennessean now worth $5 billion, Forbes says
2013-09-16 23:19:34| Air Courier - Topix.net
According to Forbes, Frist and his family's net worth is now $5 billion, up 25 percent from a year ago.
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