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Fossil fuel subsidies cost ~$2 Trillion annually, according to IMF

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

Clean Technica: Science informs us about the environmental cost of our global fossil fuel habit the IPCC recently reported that CO2 emissions from fossil fuel combustion and industrial processes contributed around 78 per cent of the total increase in greenhouse gas emissions between 1970 and 2010 but what about the economic cost? As has been noted here before, the combined value of global fossil fuel subsidies can be difficult to calculate, with recent estimates ranging from $500 billion to $1.9 trillion....

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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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Report: U.S. corporations stash $2.1 trillion offshore

2014-04-12 07:37:10| Trucking - Topix.net

In today's Atlanta Business Chronicle print edition, we report that eight of the Georgia's largest multinational companies are sitting on almost $47 billion in untaxed overseas profits.

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Report: U.S. corporations stash $2.1 trillion offshore

2014-04-11 18:20:34| Air Courier - Topix.net

In today's Atlanta Business Chronicle print edition, we report that eight of the Georgia's largest multinational companies are sitting on almost $47 billion in untaxed overseas profits.

Tags: report corporations offshore trillion

 

Report: U.S. corporations stash $2.1 trillion offshore

2014-04-11 17:49:32| Auto Parts - Topix.net

In today's Atlanta Business Chronicle print edition, we report that eight of the Georgia's largest multinational companies are sitting on almost $47 billion in untaxed overseas profits.

Tags: report corporations offshore trillion

 

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