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Fossil fuel subsidies 'are reckless'

2013-11-07 03:51:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The world is spending half a trillion dollars on fossil fuel subsidies every year, according to a new report. The Overseas Development Institute (ODI) says rich countries are spending seven times more supporting coal, oil and gas than they are on helping poorer nations fight climate change. Some countries including Egypt, Morocco and Pakistan, have subsidies bigger than the national fiscal deficit. The new report calls on the G20 to phase out the payments by 2020. While there is no globally agreed...

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Whirlpool sees lawsuit by residents as 'reckless'

2013-09-04 07:50:20| Appliances - Topix.net

Representatives from AECOM, HzW Environmental, and the U.S. EPA look at the samples and send sections to independent labs.

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Reckless bankers to face jail threat

2013-07-08 14:00:59| BBC News | Business | UK Edition

The government says it will back most recommendations by the Parliamentary Commission for Banking Standards, including prison terms for reckless bankers.

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Were India's floods caused by reckless greed?

2013-06-24 13:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Natural disasters often follow a predictable path in India. A flood or an earthquake happens every few years, the government blames the vagaries of nature, the right sympathetic noises are made, and all is forgotten until the next one comes along. But last week's cataclysmic floods in the northern Indian state of Uttarakhand, surrounded by the Himalayas, have provoked a debate on whether this particular disaster was caused - or at least worsened - by reckless human greed. At last count, 5000 people...

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Jail reckless bankers, report urges

2013-06-19 01:01:23| BBC News | Business | UK Edition

The Parliamentary Commission on Banking Standards calls for new measures, including criminal sanctions, to make bankers responsible for their own failings.

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