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VIDEO: 'Super rich taking bigger share'
2013-11-18 12:19:43| BBC News | Business | UK Edition
Earnings campaigner Luke Hildyard says figures suggesting FTSE 100 directors' pay has increased by 14% show that, "The super rich are taking a bigger and bigger share of the UK's total wealth".
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Climate change pledges: rich nations face fury over moves renege
2013-11-16 21:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Developing nations have launched an impassioned attack on the failure of the world's richest countries to live up to their climate change pledges in the wake of the disaster in the Philippines. With more than 3,600 people now believed to have been killed by Typhoon Haiyan, moves by several major economies to backtrack on commitments over carbon emissions have put the world's poorest and most wealthy states on a collision course, on the eve of crucial high-level talks at a summit of world powers....
Rich nations spurn call to use history to guide UN climate deal
2013-11-16 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The European Union and the United States opposed on Friday a call by developing countries to measure each nation's historical responsibility for global warming to guide a U.N. deal in 2015 to cut future greenhouse gases. Rich nations fear that any scientific study that might blame rich nations most since they have burnt fossil fuels since the Industrial Revolution could further delay sluggish U.N. talks. Brazil won backing from more than 100 developing nations at the November 11-22 meeting...
Rich nations must pay up if U.N. climate talks to succeed: China
2013-11-15 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Slow-moving U.N. negotiations on fighting climate change can advance only if rich nations fulfill their promise to provide billions of dollars in finance to developing countries, China's chief climate negotiator Su Wei said Thursday. He told reporters in Warsaw that developed nations should make good on pledges made in 2010 and immediately pay the promised $30 billion to help poor countries cope with the effects of climate change. Rich countries also need to clarify how they intend to scale...
Fossil fuel subsidies dwarf renewables support, favour rich
2013-11-09 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Mounting global fossil fuel subsidies distort the price of carbon, favour the rich in the developing world and amount to six times as much as subsidies for renewable sources of energy, according to a new report. "If their aim is to avoid dangerous climate change, governments are shooting themselves in both feet,' wrote Shelagh Whitley, author of the report and a research analyst for the Overseas Development Institute (ODI) based in London. The report was released on Thursday, days before member...
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