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Tag: coal
Short-seller Chanos bearish on oil, coal companies
2013-11-20 09:08:11| Oil & Gas - Topix.net
Short-seller Jim Chanos said on Tuesday that shares of the international oil majors like Exxon Mobil Corp increasingly look like a value trap for investors as cash flows decline and returns slide.
Tags: companies
oil
coal
bearish
UN talks tough to global coal industry
2013-11-19 20:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Yesterday, at the International Coal and Climate Summit-just a couple miles from the ongoing UN Climate Summit-Christiana Figueres delivered a speech unlike anything ever heard at a coal industry meeting before. Figueres, the Executive Director of the UN Framework Convention on Climate Change (UNFCCC), took time off from wrangling world leaders and officials toward a climate agreement to talk tough to an industry currently worth around $3 trillion. "Let me be clear from the outset that my joining...
Tags: global
industry
tough
talks
Coal industry needs dramatic change, says UN climate boss
2013-11-19 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The coal industry needs to change rapidly to help prevent global warming by leaving most of the fuel in the ground and closing the least efficient power plants, the top climate official at the United Nations said. Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, said fumes from burning the fossil fuel are loading the atmosphere with greenhouse gases, competing for water resources and harming public health. Coal must change rapidly and dramatically...
Tags: change
industry
boss
climate
UN climate chief says coal can be part of global warming solution
2013-11-18 14:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Coal power can be part of the solution to tackling global warming, the UN climate chief told a major coal industry summit on Monday. Her remarks, at a summit that takes place as the second week of UN climate negotiations get under way in Warsaw, prompted strong criticism from the head of the UK's climate statutory advisers and environment campaigners. Christiana Figueres told delegates at the International Coal and Climate summit in Warsaw that they had "the opportunity to be part of the worldwide...
Tags: part
global
solution
chief
Coal fires green anger at UN talks
2013-11-18 02:07:29| BBC News | Business | UK Edition
Environmental groups sharply criticise the Polish government for hosting a coal industry meeting while UN climate talks are held in the country.
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