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United Kingdom: 'Disappointment' at failure to reach flood insurance deal

2013-03-26 20:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: The Association of British Insurers (ABI) and the Government have been in talks over a new strategy, which would provide a pot of money raised from insurance premiums for paying claims in the event of serious flooding. Mr Paterson told the Environment, Food and Rural Affairs Committee: "We really are working on this in a very intense manner, but there is no point coming up with an agreement just for the sake of it. We've got to get it right. He went on: "I think they are as disappointed as...

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United Kingdom: Key Cameron adviser blocks climate change from G8 agenda

2013-03-26 14:57:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: RTCC understands that the UK Prime Minister's Adviser for Europe and Global Issues Ivan Rogers has rejected moves from Germany and France to make the issue one of the meeting's key talking points. Officials from the two countries are said to be disappointed their suggestions were rebuffed. Instead, Rogers is insisting that trade, transparency and tax form the core of discussions scheduled to take place at Lough Erne, in Northern Ireland between June 17-18. There appears to be a view within...

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United Kingdom: Aberdeen offshore wind farm gets green light

2013-03-26 11:42:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: A 230m offshore wind farm that was vehemently opposed by US tycoon Donald Trump has today been given the green light by the Scottish Government. The European Offshore Wind Deployment Centre in Aberdeen Bay is expected to generate up to 100MW and allow developers to test the latest technology ahead of commercial deployment. The project is owned by Vattenfall and Aberdeen Renewable Energy Group and is part-funded by a EUR40m grant from the European Union's Economic Recovery Programme. Announcing...

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United Kingdom: Centrica Signs Deal for US Gas Imports

2013-03-26 03:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Dow Jones: Centrica PLC (CNA.LN), one of the U.K.'s main energy providers, has signed a deal to buy billions of cubic meters of liquefied natural gas from a U.S. plant, in the first deal clearly intended to bring gas from North America to the U.K. The contract with Cheniere Energy Partners LP (CQP) will see Centrica import 1.75 million metric tons of gas per year, enough to power around 1.8 million U.K. homes, according to a statement by the firm. It is the first such deal between a U.S. supplier and a U.K....

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United Kingdom: Atrocious spring weather prompts triple-dip recession fears

2013-03-25 22:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: Disruption to transport, companies and schools caused by the snow and freezing conditions could be enough to leave the economy shrinking for a second quarter in a row. Samuel Tombs, UK economist at forecasters Capital Economics, told The Guardian that past experience suggested that High Street spending would be about 1 per cent lower this month as a result of temperatures being 3C lower than the average for this time of year. "Given that most economic indicators suggest that the economy was...

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