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Australia: Carbon abatement: govt spends another $557m to buy 45m tonnes

2015-11-12 05:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Turnbull government has bought another 45m tonnes of carbon abatement for $557m meaning it has spent almost half the $2.55bn emissions reduction fund to buy less than half the greenhouse reductions needed to meet its 2020 target. At its first auction, held in April, the government bought 47m tonnes of abatement for $660m an average price of $13.50 a tonne. A proportion of the greenhouse reductions bought will be delivered after 2020, the date by which the government has promised to...

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G20 spends four times more on fossil fuel output than on renewables, think tank says

2015-11-12 01:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The G20 countries spend almost four times as much to prop up fossil fuel production as they do to subsidize renewable energy, calling into question their commitment to halting climate change, a think tank said on Thursday The G20 spent an average $78 billion on national subsidies delivered through direct spending and tax breaks in 2013 and 2014, according to a report from the Overseas Development Institute (ODI) on Thursday. A further $286 billion was invested in fossil fuel production by G20...

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UK spends more on fossil fuel aid projects than renewables

2015-11-02 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/3a27dd62-809c-11e5-a01c-8650859a4767.html#ixzz3qLh3oEno The UKs climate change credentials are under fire again after it emerged it had spent 2.2bn in poor countries to help build coal power plants and other fossil fuel energy...

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Orange spends most in Polish LTE auction

2015-10-19 12:38:00| Telecompaper Headlines

(Telecompaper) Polish regulator UKE has published the official results of the LTE auction for frequencies in the bands 800 MHz and 2600 MHz. The subject of the auction were five blocks (A1 - A5) of 10 MHz in the more valuable band 800 MHz and fourteen blocks (B1 - B14) of 10 MHz in the 2600 MHz band. UKE announced the auction on 10 October 2014, and the auction lasted until 15 October 2015. The licences will be awarded for fifteen years. The winning bidders, in order of total amount spent, were Orange Poland (PLN 3.2 billion), Cyfrowy Polsat/Polkomtel (PLN 2.2 billion), T-Mobile Poland (PLN 2.1 billion) and P4 (PLN 1.7 billion).

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Australia spends A$222m to remove deadly St Albans level crossing in Melbourne

2015-10-01 01:00:00| Railway Technology

Work will begin this Sunday on removing the St Albans level crossing on Main Road in Melbourne, Australia, which has been blamed for the deaths of 16 people.

Tags: level remove australia crossing

 

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