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UK fossil fuels 'gone in five years'

2014-05-16 06:01:04| BBC News | Business | UK Edition

The UK's proven reserves of oil, coal and gas will run out in little more than five years, a report looking at energy resources warns.

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UK fossil fuels 'gone in five years'

2014-05-16 06:01:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: In just over five years Britain will have run out of oil, coal and gas, researchers have warned. A report by the Global Sustainability Institute said shortages would increase dependency on Norway, Qatar and Russia. There should be a "Europe-wide drive" towards wind, tidal, solar and other sources of renewable power, the institute's Prof Victor Anderson said. The government says complete energy independence is unnecessary, says BBC environment analyst Roger Harrabin. The report says Russia...

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Divest From Fossil Fuels, Invest in Clean Energy

2014-05-14 18:21:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: If you`re reading this article, there is a good chance you`ve already taken steps to stop climate disruption. You probably ditched incandescent lightbulbs years ago. You may drive a hybrid or (even better) an EV. Some of you have installed solar panels on your homes. And a whole lot of you frequently fire off messages to elected representatives to let them know where you stand on fossil fuels. But there`s more you can do to help the cause--two simple, related actions that President Barack Obama...

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Pax World divests fund from fossil fuels for investment reasons

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

Blue and Green: The US-based firm Pax World Management has announced that it has fully divested one of its funds from fossil fuel companies, meaning it now has two fossil fuel-free funds on offer. The firm announced on Thursday that the Pax World Growth Fund (PXWGX) will now pursue a fossil fuel-free investment strategy, replacing such investments with holdings in high-impact companies developing solutions to sustainability challenges. Examples include hybrid engine developers Valeo and Gilead Sciences, a...

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Global Fossil Fuels Face A Loss Of $30 Trillion

2014-05-01 08:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Cleans Technica: The global fossil fuel industry faces a loss of $US28 trillion ($A30.2 trillion) in revenues over the next two decades, if the world takes action to address climate change, cleans up pollution and moves to decarbonise the global energy system. The assessment, made by leading European broking house Kepler Chevreux, underlines whats at stake for the fossil fuel industry from a push to cleaner fuels and concerted efforts to reduce emissions, and helps explain the enormous push back from the oil...

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