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Canada: Damage from Alberta wildfires estimated to cost $3.6 billion
2016-07-08 03:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Canadian Press: The Insurance Bureau of Canada says damage caused by the wildfires in Fort McMurray, Alta., totalled $3.58 billion, making it the most expensive disaster for insurers in the countrys history. CEO Don Forgeron says the damage from the fires provide "alarming evidence" that extreme weather events have increased in frequency and severity in Canada. Forgeron called for a more disciplined approach to helping prepare people for fires and floods. The fires in May forced the evacuation of almost...
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Rio 2016 Olympic show to cost 'less than London'
2016-07-08 01:04:54| BBC News | Business | UK Edition
The chief executive of the company hired to stage the opening ceremony of the upcoming Rio Olympics has told the BBC it will cost less than London in 2012.
Dong passes offshore wind cost milestone three years early
2016-07-06 11:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: Two 350MW arrays in the Netherlands will supply power at EUR87/MWh, beating the next cheapest project by miles Cheap steel and favourable regulations are helping to cut offshore wind power costs Dong Energy has set a record low price for offshore wind power in a winning bid to build two arrays off the coast of the Netherlands. The Danish company committed to supply electricity at EUR72.70/MWh (US$80.40), not including transmission costs. The cables will add about EUR14/MWh, experts say....
California gas stations slap cap-and-trade 'cost' labels on pumps
2016-07-02 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Scientific American: Gas pumps in California could soon feature signs telling drivers theyre paying more per gallon because of the states cap-and-trade program for carbon emissions. The California Independent Oil Marketers Association (CIOMA), a trade group for oil distributors, is handing out to members a label that adds wording on cap-and-trade costs to the standard one that advises motorists on gas taxes. The state requires that a label with gas taxes appear on all gas pumps. Those change on July 1 to reflect...
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A4E study finds ATC strikes cost 9.5bn of EU GDP from 2010 to 2015
2016-06-30 01:00:00| Airport Technology
Air traffic control (ATC) strikes have reduced the European Union's (EU) gross domestic product (GDP) by up to 9.5bn between 2010 and 2015, a new study published by Airlines for Europe (A4E) has revealed.
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