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Exxon accussed of downplaying carbon bubble risks

2014-09-12 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Oil major ExxonMobil is underestimating the risks it faces from efforts to decarbonise the energy sector over the coming years, and could end up going the same way as photography company Kodak if it fails to adapt to the fast-changing nature of the energy market. That is the finding of a new report from the Carbon Tracker Initiative, which also warned that Exxon's share price has fallen in recent years thanks to investments in expensive, low return projects such as tar sand development. Earlier...

Tags: risks carbon bubble exxon

 

Health and fracking what are the risks?

2014-09-06 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: If you live right next to a drilling rig, or your kids go to school beside a fracking site, or your county is suddenly littered with well pads -- are there health risks? Thats a question thats been asked from Pennsylvania to North Dakota, from Colorado to Texas as more and more people find themselves and their towns in the midst of an unprecedented energy boom. In this second part of a series on public health risks, Inside Energy reporters Jordan Wirfs-Brock and Leigh Paterson clarify the confusion...

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Bankers See Debt Risks Mounting in Sweden as New Rules Loom

2014-09-04 14:02:25| Appliances - Topix.net

Sweden's bank industry said a proposal by the country's main opposition party to relax a cap on mortgages risks backfiring as the housing market continues to show signs of overheating. The warning follows comments by Magdalena Andersson, economy spokeswoman for the opposition Social Democrats, who said last month she's willing to consider relaxing existing limits on mortgage lending if Sweden puts in place an amortization requirement.

Tags: rules sweden debt risks

 

Experts at UN conference call for action to mitigate climate-related health risks

2014-08-28 10:10:00| Climate Ark Climate Change & Global Warming Newsfeed

UN News Centre: Experts are urging the international community to act fast to reduce climate change and its health consequences at the first-ever global conference on health and climate, which opened today at the Geneva headquarters of the United Nations World Health Organization (WHO). The evidence is overwhelming: climate change endangers human health, said Dr. Margaret Chan, WHO Director-General. Solutions exist and we need to act decisively to change this trajectory. Measures to adapt to climate change...

Tags: health call action conference

 

U.N. Draft Report Lists Unchecked Emissions Risks

2014-08-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Runaway growth in the emission of greenhouse gases is swamping all political efforts to deal with the problem, raising the risk of severe, pervasive and irreversible impacts over the coming decades, according to a draft of a major new United Nations report. Global warming is already cutting grain production by several percentage points, the report found, and that could grow much worse if emissions continue unchecked. Higher seas, devastating heat waves, torrential rain and other climate extremes...

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