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Magna International Inc a - highly probable' buyer of some Granite REIT assets, analyst says
2015-06-14 01:11:52| Automakers - Topix.net
Granite, which owns 30 million square feet of industrial properties in North America and Europe, counts Magna as its largest tenant with about 82 per cent of its annualized lease payments coming from the auto-parts manufacturer. Granite Real Estate Investment Trust is considering a sale of its assets, and Magna International Inc. is a "highly probable" buyer of its special-purpose facilities, according to Desjardins analyst Michael Markidis.
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Pope Francis climate encyclical could have mayor impact, says UN
2015-06-12 16:24:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The UN thinks that Pope Francis encyclical on the environment, set to be released next week, could have a major impact on climate change talks and negotiations ahead of a climate summit in December. The much anticipated encyclical, a letter set to bishops, is expected to argue that there is a moral duty to protect the environment and could spur many Catholics to take action on climate change. While some have welcomed the Popes involvement in the issue, others have criticised the move, stating...
US overtakes Saudi Arabia as biggest oil producer in 2014, report says
2015-06-11 01:00:00| Hydrocarbons Technology
According to a report from BP, US has overtaken Saudi Arabia as the world's biggest oil producer in 2014.
Cutting plastic waste save marine life might raise living costs, Queensland MP says
2015-06-08 10:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The Queensland opposition has urged the government to resist a scheme to cut marine wildlife deaths by restricting plastic bag use because they say it will raise the cost of living. The environment minister, Steven Miles, raised the issue of plastic waste causing deaths in turtles on Monday, World Oceans Day, while highlighting the governments establishment of an advisory group on ways to tackle the litter issue. Miles said turtles were particularly vulnerable, with 940 being stranded on Queensland...
Chinese emissions may peak by 2025, says analysis
2015-06-08 01:10:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: In a boost for hopes to curb climate change, China's greenhouse gas emissions will probably peak in 2025, five years earlier than its stated target, a study said Monday. On current trends, the world's biggest carbon emitter will discharge 12.5-14 billion tonnes of carbon dioxide equivalent (GtCO2e) in 2025, after which emissions will decline, it said. The work was carried out by two research institutes at the London School of Economics (LSE). "This finding suggests it is increasingly likely that...
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