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BP Spill Pact Excluded Billions in Possible Loss Claims
2013-02-22 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Bill Floyd, owner of an upscale seafood restaurant near downtown Houston, is a poster-child for the type of damage claim BP Plc (BP/) left out of its $8.5 billion settlement for the biggest offshore oil spill in U.S. history. When the energy companys blown-out Macondo well dumped more than 4 million barrels of crude oil into the Gulf of Mexico in 2010, Floyd saw his costs for fresh shrimp, crab and oysters almost double overnight while his sales flat-lined. Ninety percent of our menu comes...
Tags: loss
claims
excluded
spill
Deforestation, wetlands loss in Brazil and Indonesia generated 45b tons of CO2 in 20 years
2013-02-22 03:48:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: The United Nations Food and Agriculture Organization (FAO) has launched a global set of statistics on carbon emissions from deforestation, agriculture and other forms of land use for the 1990-2010 period. The dataset, which is part of the FAO's database of statistics known as FAOSTAT, is based on FAO estimates of forest biomass, deforestation, and crop cover. The data is listed by country and region. Unsurprisingly, the FAOSTAT GHG dataset shows that high deforestation countries generated the...
Charter Communications Q4 loss narrows on revenue improvement
2013-02-22 01:00:00| Total Telecom industry news
U.S. cableco posts loss of $40 million; CEO says strategic changes working as planned.
Tags: loss
communications
improvement
revenue
AIG makes $4bn loss from unit sale
2013-02-21 22:56:00| BBC News | Business | UK Edition
American International Group reports a $4bn (2.6bn) three-month loss, mainly due to the sale of its aircraft leasing business ILFC.
US: Crocs swings to Q4 loss on one-off costs
2013-02-21 11:55:00| Daily apparel & textile news and comment - from just-style.com
Plastic shoe firm Crocs has swung to a fourth-quarter loss after it was hit by a number of one-off costs.
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