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Experts Warn: Carbon Bubble Could Worsen Global Economic Crisis

2013-04-19 22:48:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The world could be heading for another major economic shock as stock markets inflate an investment bubble in fossil fuels to the tune of trillions of dollars, according to new research. In its second seminal report, Unburnable Carbon 2013: Wasted Capital and Stranded Assets, the Carbon Tracker Initiative found that firms invested $674 billion last year alone in projects trying to find and develop new fossil fuels reserves. To stick to current agreed global limits on emissions--and keep warming...

Tags: global economic experts crisis

 

Today's oil prices drop to record low as demand concerns worsen

2013-04-18 01:00:00| Offshore Technology

Oil prices slipped today to a nine-month low earlier in the session, as apprehensions over the outlook for demand became aggravated due to increasing US fuel supplies.

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Climate Change to Worsen Hunger Problem in Nigeria, Others

2013-04-08 07:05:00| Climate Ark Climate Change & Global Warming Newsfeed

This Day Live: West African policy makers should prepare for future challenges from climate change as they address the pressing needs of broad-based economic growth and tackle hunger issues, the International Food Policy Institute (IFPRI) has said. IFPRI expressed worries that although maize, millet, rice, and sorghum are the major cereal crops in Nigeria and the West Africa region, the yields from these crops are very low compared to the world average and even other regions in Africa. According to IFPRI,...

Tags: change problem others nigeria

 

Baton Rouge, Monroe air quality to worsen midweek

2013-03-25 23:23:03| Waste Management - Topix.net

Air quality levels in Baton Rouge will worsen slightly on Wednesday, according to a forecast issued by the Louisiana Department of Environmental Quality on Monday afternoon.

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Drought that ravaged US crops likely to worsen in 2013, forecast warns

2013-03-21 19:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The historic drought that laid waste to America's grain and corn belt is unlikely to ease before the middle of this year, a government forecast warned on Thursday. The annual spring outlook from the National Oceanic and Atmospheric Administration predicted hotter, drier conditions across much of the US, including parts of Texas, Oklahoma and Kansas, where farmers have been fighting to hang on to crops of winter wheat. The three-month forecast noted an additional hazard, however, for the midwest:...

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