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Paris Climate Deal Is Great For Solar & Wind, But A $46 Trillion Hit To Fossil Fuels
2015-12-19 05:36:00| Climate Ark Climate Change & Global Warming Newsfeed
Clean Technica: The fossil fuel industry is facing a $US33 trillion ($A45.8 trillion) hit to its expected revenues over the next 20 years, following the dramatic and unexpected result of the Paris climate change conference last weekend. Energy analysts from the UK-based investment bank Barclays said the Paris deal, which aims to cap global warming well below 2°C, with an aspirational target of 1.5°C, will result in a boost to renewable energy, and will cause a rethink from investors about new investments in fossil...
A billion for Lebron, a trillion for Nike?
2015-12-09 21:04:14| Footwear - Topix.net
Lebron James could earn as much as $1B from Nike under the terms of his new lifetime contract, according to some industry estimates. Even if the billion dollar per year level isn't reached, the new contract is expected to easily more than double Kevin Durant's $300M deal.
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$3.4 Trillion: Fossil Fuel Divestment Commitments Break New Record
2015-12-02 13:48:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: The fossil fuel divestment campaign has broken a new record at COP21: More than 500 institutions representing more than $3.4 trillion in assets have made some form of divestment commitment according to 350.org and Divest Invest, two organizations coordinating the growing movement. The new numbers are another impressive leap for the divestment effort, although campaigners are quick to point out that some of the commitments are only partial divestments and the $3.4 trillion represents the total...
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$1 trillion funding gap for poorest countries climate plans
2015-11-30 01:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: Climate plans by the worlds least developed nations are staked on more than US$1 trillion in finance from wealthy donor governments and private investors. Thats according to calculations by the International Institute for Environment and Development, which suggests the cost of adapting the economies to a warming planet is nearly five times higher than reported. As a two-week UN climate summit begins in Paris on Monday, it lays bare the gap between financial commitments and the costs of tackling...
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KPMG study finds autonomous vehicles & mobility services could add one trillion more vehicle miles traveled annually by 2050
2015-11-26 14:55:21| Green Car Congress
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