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Climate Change May Curb Profits From Fossil Fuels, Study Says
2013-10-31 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Fossil-fuel assets such as coal mines and gas wells may lose value if climate change prompts tougher regulations, according to a report from Al Gore and David Bloods Generation Investment Management. About two-thirds of the fossil fuels still underground must remain there if the planet is to meet a United Nations target of limiting global warming to 2 degrees Celsius (3.6 degrees Fahrenheit). That means assets such as coal mines and gas wells may have to reduce production, cutting profits, according...
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Climate Change Risks Are Hiding in Investment Portfolios, Gore Says
2013-10-30 05:28:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The United States has no national tax or price on carbon dioxide pollution. That doesn't mean it doesn't cost investors anything there or elsewhere, says former Vice President Al Gore. He and David Blood, co-founders of Generation Investment Management, this morning published a new paper explaining the evolution of their thinking on "sustainable capitalism," and how investors can lessen their financial risks from climate change. Gore and I spoke on Oct. 17. Q: What are the hidden costs of carbon?...
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HS2 essential for UK to meet future capacity and freight needs, says DfT
2013-10-30 01:00:00| Railway Technology
The High-Speed 2 (HS2) railway project is essential for the UK as it will provide additional commuter services and more paths for rail freight, the Department for Transport (DfT) has said.
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Hadoop is not enough for big data, says Facebook analytics chief
2013-10-29 17:43:13| InfoWorld: Top News
The Hadoop programming framework may be synonymous with the "big data" movement but it's not the only tool companies need to derive insights from massive stores of unstructured information, according to Facebook analytics chief Ken Rudin.
Doubling of pipeline leaks due to poor construction, whistleblower says
2013-10-29 06:40:17| Oil & Gas - Topix.net
An engineer who used to work for TransCanada says the doubling in the past 13 years of pipeline leaks is attributable to sub-par construction practices.
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