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Citing Climate Change Obama Rejects Construction Keystone XL Oil Pipeline

2015-11-07 02:08:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: President Obama announced on Friday that he had rejected the request from a Canadian company to build the Keystone XL oil pipeline, ending a seven-year review that had become a symbol of the debate over his climate policies. Mr. Obamas denial of the proposed 1,179-mile pipeline, which would have carried 800,000 barrels a day of carbon-heavy petroleum from the Canadian oil sands to the Gulf Coast, comes as he seeks to build an ambitious legacy on climate change. America is now a global leader...

Tags: change construction oil climate

 

US rejects Keystone XL pipeline, citing combatting climate change as critical factor; Kerry: arguments pro and con overstated

2015-11-06 20:55:32| Green Car Congress

Tags: change pro con factor

 
 

US rejects Keystone XL pipeline, citing combatting climate change as critical factor; Kerry: arguments pro and con overstated

2015-11-06 20:55:32| Green Car Congress

Tags: change pro con factor

 

Citigroup, citing climate change, will reduce coal financing

2015-10-06 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Citigroup Inc., the third-biggest U.S. bank, said it will cut back on financing for coal mining projects, in the latest blow to the industry thats viewed as a key contributor to global warming. Citigroup said its credit exposure to coal mining had declined materially" since 2011 and that the trend would continue into the future. The policy applies to companies that use mountaintop removal methods as well as coal-focused subsidiaries of diversified mining companies, according to the New York-based...

Tags: change reduce financing climate

 

Citing Slow Sales, Caterpillar Announces Layoffs and Reorganization

2015-09-28 23:24:00| ENR.com: Headline News

Facing soft demand in the mining sector and slow overall global sales, Caterpillar Inc. announced on Sept. 24 that it would be reducing its workforce by at least 4,000 to 5,000 employees, with total reductions of 10,000 possible through 2018.

Tags: sales slow citing announces

 

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