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Oil company bosses' bonuses linked $1tn spending extracting fossil fuels

2015-05-25 23:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Bosses at the worlds big five oil companies have been showered with bonus payouts linked to a $1tn (650bn) crescendo of spending on fossil fuel exploration and extraction over nine years, according to Guardian analysis of company reports. The unprecedented push to bring untapped reserves into production, and to exploit new and undiscovered fields, involves some of the most complex feats of engineering ever attempted. It also reflects how confident ExxonMobil, Shell, Chevron, Total and BP are...

Tags: company oil linked spending

 

Record Dolphin Die-Off Linked Gulf Oil Spill

2015-05-21 17:55:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: It was more than five years ago when the Deepwater Horizon offshore oil rig in the Gulf of Mexico blew out, spewing an unknown amount of oil. The April 2010 accident was the worst oil spill to ever occur in U.S. waters and it had far-reaching impacts on the region`s economy and ecosystems that continue to this day. Now a newly released study, funded by the Deepwater Horizon National Resource Damage Assessment, which includes the National Oceanic and Atmospheric Administration (NOAA), National...

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Severe weather may be linked to Arctic warming

2015-05-20 19:03:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: Professor Edward Hanna and PhD student Richard Hall, from the University of Sheffield's Department of Geography, are part of a select group of international climate scientists investigating links between Arctic climate change and extreme weather in the northern mid-latitudes. They have found that while it is too soon to know for certain whether the Arctic played a role in persistent cold events during the extreme wet UK winter of 2013/14 and recent USA East Coast winters, new studies are adding...

Tags: weather linked warming severe

 

Plane crash linked to software fault

2015-05-20 12:39:51| BBC News | Business | UK Edition

Airbus suggests that a military plane crash might have been caused by a problem with the software that controlled its engines.

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Luxury hotel chain linked to destruction of rainforests

2015-05-19 07:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: The Mandarin Oriental hotel chain has landed in environmentalists' crosshairs for the practices of its sister company Astra Agro Lestari, a rapidly expanding palm oil producer with fully developed plantations on an area larger than Singapore. The new She's Not a Fan campaign a play off Mandarin's celebrity-fan endorsement drive launched yesterday with a petition calling on Astra to stop destroying forests and elephant habitat and follow industry titans in pledging to purge its supply chain of...

Tags: hotel chain linked luxury

 

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