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Reforestation can't offset massive fossil fuels emissions

2013-12-13 16:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: With the Australian, Japanese, and Canadian governments making an about-face on carbon-emissions reduction targets during the Warsaw climate summit, some experts are warning that the global need for solutions offsetting CO2 emissions is passing a "red line." Land-based mitigation practices comprise one of the solutions on the table as a result of both the United Nations Framework Convention on Climate Change (UFCCC) and the Kyoto Protocol; however, a paper published in Nature Climate Change by an...

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Investor Concerns About Fossil Fuels Are Growing

2013-11-21 18:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Forbes: For many years, advocates fighting climate change and the fossil fuel industry were like ships passing in the night. Advocates pressed for comprehensive climate policies strong enough to stop or slow fossil fuel pollution and climate change. Meanwhile, the fossil fuel industry argued that until global limits were in place, they would follow business as usual by tapping existing fossil fuel reserves and spending over $650 billion a year finding new hydrocarbon sources. But something changed along...

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Abundant fossil fuels leave clean energy out in the cold

2013-11-07 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: In most respects Gazprom's Prirazlomnaya oil platform has little in common with the small drilling rig which stood, for a while, near the English village of Balcombe. The giant Russian structure, pieced together from parts of a disused North Sea oil operation, stands miles offshore in the ice infested waters of the frozen arctic. Cuadrilla's attempt sat amidst a Christmas tree plantation near a brook and a small country lane. But both were instantly seen as something new. The past decade has...

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Election day 2013: Fossil fuels take hits from Virginia to Washington State

2013-11-06 11:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: From Virginia to Colorado to Washington, voters on election day 2013 threw their weight behind politicians and policies that in one form or another limit the use of coal, oil, or natural gas. Energy from fossil fuels isn't likely to disappear anytime soon, and supporters of the carbon-heavy fuels say curbs on emissions threaten to stymie economic growth. But election day 2013 served as a sort of referendum on Americans' attitude toward the country's changing energy mix, with bans on fracking,...

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Climate Change May Curb Profits From Fossil Fuels, Study Says

2013-10-31 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Fossil-fuel assets such as coal mines and gas wells may lose value if climate change prompts tougher regulations, according to a report from Al Gore and David Bloods Generation Investment Management. About two-thirds of the fossil fuels still underground must remain there if the planet is to meet a United Nations target of limiting global warming to 2 degrees Celsius (3.6 degrees Fahrenheit). That means assets such as coal mines and gas wells may have to reduce production, cutting profits, according...

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