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Rich countries must not impose end to 'conventional energy': India PM
2015-11-30 19:53:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Rich countries should not force the developing world to abandon fossil fuels completely, Indian Prime Minister Narendra Modi said Monday at the UN climate summit in Paris. "We still need conventional energy -- we need to make it clean, not impose an end to its use," said Modi, who has argued India will continue to need coal to power its rapid economic growth. Almost a third of India's population remains in severe poverty with limited access to electricity, and its government sees little chance...
Rich in energy and with vast forests, Russia pays little attention to climate change
2015-11-28 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed
U.S. News: When forest fires roared through Siberia this summer, so vast that the smoke blocked vast Lake Baikal from satellite view, Russian officials blamed the blazes on arsonists and disorganized fire crews. Environmentalists say there was another culprit: global warming. As temperatures rise worldwide, areas such as Siberia are suffering increasingly long dry spells. Russia's national weather agency says the country is the fastest-warming part of the world. But Russia has taken little action to reduce...
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Carbon prices - work in progress, not panacea, for rich & poor
2015-11-27 18:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: It was supposed to be the way the market would cut greenhouse gases by itself: governments selling companies permits-to-pollute, which they could trade among themselves. Over time, the number of permits would be reduced, and the cost to companies of failing to cut emissions would rise. Yet, 10 years after the EU launched the world's biggest carbon trading scheme, the effectiveness of the concept is in question and climate activists are disenchanted or hostile. While there is still support for...
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progress
In major step on road to Paris, rich countries agree to slash export subsidies for coal plants
2015-11-18 13:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Post: After a concerted push from the United States, members of the Organization for Economic Cooperation and Development agreed Tuesday to slash subsidies aimed at exporting technology for coal-fired power plants. The decision by the worlds wealthiest countries to eliminate export credits for the least efficient coal plants, which will take effect Jan. 1, 2017, and can be strengthened four years later, marks a major negotiating success for the Obama administration in the run-up to U.N. climate talks...
[Super Rich] Pharma king shakes up superrich rankings
2015-11-17 12:18:43| Chemicals - Topix.net
There is a new entrant in the ranks of Korean superrich. Hanmi Pharmaceutical founder and chairman Lim Sung-ki became a prominent superrich as the company signed licensing agreements with several global pharmaceutical companies this year, including Belgium-based Janssen Pharmaceutica and France-based Sanofi.
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