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Drought taking toll on West, senators told
2015-06-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Coloradoan: Witnesses presented a bleak picture of the impact of ongoing drought in the West during a Senate hearing Tuesday, but there were a few rays of hope. First the bad news: "Seventy-five percent of land in the 11 westernmost states are facing abnormally dry to exceptional drought conditions, according to the U.S. Drought Monitor. "California has ordered a 25 percent reduction in water use by non-farm users. "Washington has declared a statewide drought emergency and is predicting $1.2 billion...
Mining firm told it fails to meet money rules about cleanup
2015-05-30 23:44:45| Waste Management - Topix.net
A Virginia-based company that is among the largest coal miners in Wyoming's Powder River Basin has been informed it no longer meets the state's self-bonding requirements, which could mean it will have to come up with millions in three months to cover any cleanup obligations here. In a statement issued Friday, Alpha Natural Resources disagreed with the state's assessment and said it is working to have the decision changed, the Casper Star-Tribune newspaper reported.
Norway's $900bn sovereign wealth fund told to reduce coal assets
2015-05-28 08:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Norways $900bn sovereign wealth fund, the worlds largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. The finance committee agreed in a bipartisan motion that the fund, which owns about 1.3% of all listed companies globally, should sell stakes in firms that generate more than 30% of their output or revenues from coal-related activities. Already under pressure from Norways political...
Norway's $900 billion sovereign fund told to reduce coal assets
2015-05-28 00:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. The finance committee agreed in a bipartisan motion that the fund, which owns about 1.3 percent of all listed companies globally, should sell stakes in firms that generate more than 30 percent of their output or revenues from coal-related activities. Already under pressure from...
Canada: Rising carbon emissions from oilsands a 'unique' challenge, federal cabinet told
2015-05-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
CBC: Greenhouse gas emissions from increasing oilsands production will rise faster than Canada's ability to curb them, the federal government was warned before new emissions reduction targets were announced last week. Cabinet documents obtained by CBC News reveal the thinking behind the scenes as the cabinet members mulled over various proposals for Canada's target to cut its greenhouse emissions by 2030. The documents marked "secret" also suggest Canada should try to negotiate new North American-wide...
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