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Money to burn: OPEC's wasteful energy subsidies

2014-05-18 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Fossil fuel subsidies cost governments in emerging markets more than $500 billion every year and are a major contributor to climate change, according to the International Energy Agency (IEA) and International Monetary Fund (IMF). The biggest subsidies are concentrated in the Middle East, North Africa, Asia and parts of Latin America, according to the IEA's Fossil Fuel Subsidy Database (www.iea.org/subsidy/index.html). Moreover energy-exporting countries accounted for three quarters of all consumption...

Tags: money energy burn subsidies

 

A4A Calls Proposed PFC Hike Wasteful, Unnecessary

2014-03-13 05:00:00| Industrial Newsroom - All News for Today

Responding to rationale for Passenger Facility Charge (PFC) hike derived from FAA long-term forecast, Airlines for America's (A4A) Sharon Pinkerton called the move "a revenue grab." U.S. airports have ample resources to fund capital needs. These include investment-grade credit, "ample access" to bond market, $10.6 billion in unrestricted cash and investments (282 days of liquidity), and $4.7 billion in uncommitted funds from federal Airport and Airway Trust Fund. This story is related to the following:Trade Associations

Tags: proposed calls unnecessary hike

 
 

Signs of Baby Steps on Stanching Wasteful Flaring of Natural Gas

2013-12-18 16:33:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: I hope youll read Applying Creativity to a Byproduct of Oil Drilling in North Dakota, a valuable Clifford Krauss feature on baby steps taken by the oil and gas industry to stanch the wasteful, polluting flaring of natural gas from the countrys booming Bakken oil fields in North Dakota. (Theres no infrastructure for storing or transporting the gas and the oil is the quarry, given its much higher price.) Gas pipelines are rapidly being built. Companies like Statoil and General Electric are teaming...

Tags: baby natural steps gas

 

Christmas, the most wasteful time of the year

2013-12-17 08:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Christmas is a time for giving, receiving and chucking packaging and unwanted stuff in the recycling box. The UK produces nearly 300m tonnes of waste each year. It's estimated that every Christmas tree bought in the UK this year put end to end, would be the equivalent of a return trip to New York City. Combine that with the 4,500 tonnes of tin foil, the 13,350 tonnes of glass and enough wrapping paper to go round the equator nine times, and we're talking about a huge amount of rubbish and that...

Tags: the time year christmas

 

Rucho and pals take another wasteful, fracking-friendly jaunt

2013-11-20 21:47:07| Waste Management - Topix.net

State Sen. Bob Rucho of Matthews - aka Sen. Fracking, Sen. GiveUsYourAirport and Sen. Stop Wasteful Government Spending - is leaving today with other North Carolina legislators of both parties to observe how fracking is done in Arkansas.

Tags: pals wasteful jaunt

 

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