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IMF head says world must come grips with climate change costs

2014-06-11 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CBC: While Stephen Harper was congratulating Australian Prime Minister Tony Abbott yesterday for ending a carbon tax, the head of the IMF was in Montreal urging energy powerhouses like Canada to come to grips with the economics of climate change. International Monetary Fund managing director Christine Lagarde urged economists and central bankers from around the world not to wait for the next round of climate change talks to take action to protect the environment. All countries need to put mechanisms...

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IMF warns UK over housing risk

2014-06-06 13:12:18| BBC News | Business | UK Edition

The International Monetary Fund warns George Osborne that accelerating house prices and low productivity pose the greatest threat to the UK's economic recovery.

Tags: risk housing warns imf

 
 

VIDEO: IMF warns of 'rising inequality'

2014-05-27 18:18:12| BBC News | Business | UK Edition

Banking reforms aimed at preventing another financial crisis have failed to make enough progress, the head of the International Monetary Fund (IMF) has warned.

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IMF warns banking reform is too slow

2014-05-27 12:50:58| BBC News | Business | UK Edition

Banking reforms aimed at preventing another financial crisis have failed to make sufficient progress, the head of the IMF has warned.

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Fossil fuel subsidies cost ~$2 Trillion annually, according to IMF

2014-05-02 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Clean Technica: Science informs us about the environmental cost of our global fossil fuel habit the IPCC recently reported that CO2 emissions from fossil fuel combustion and industrial processes contributed around 78 per cent of the total increase in greenhouse gas emissions between 1970 and 2010 but what about the economic cost? As has been noted here before, the combined value of global fossil fuel subsidies can be difficult to calculate, with recent estimates ranging from $500 billion to $1.9 trillion....

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