Fossil iPhone case fuels subsidised by $10m a minute, says
Across its front page, the Mom or dad has put the International
Monetary Fund's new finding that governments will subsidise FOSSIL iPhone 5
fuels by $5. 4 trillion in 2015. This sums to $10 million every
hour, which is more than all governments afford in total on
health. The add up reflects the "true cost" towards fossil fuels,
including sums put into it treating the victims of polluting of and
dealing with the impacts towards climate change.
the way the subsidies enjoying measured is likely to provoke "intense
Energy source groups take knife to $100bn of spending
On its the front page, the Financial Times comes along with the news that
energy companies provide either slowed, postponed or axed more than
$100 billion of shelling out for new projects following the drop as part of oil
prices. This is evidence of "drastic industry action" that will
curb discharge in coming years. Spending on 28 major projects
worldwide has been eliminated by companies including Shell, BP, and
Statoil. Nine of these enjoying in Canadian oil sands.
publishes that the situation has "uncanny echoes of 1986", when Saudi
Arabic triggered a slide in petrol prices.
German ministry softens CARBON DIOXIDE emission demands for
Germany keeps revised its plans to reduce our own emissions from
coal-fired power veggies, according to documents seen by Reuters news agency.
Following opposition by the industry plus unions to anti-pollution
rules, Germany's economy ministry will now require fossil fuel plant
operators to cut their exhausts by 16 million tonnes while 2020,
compared with a previous target towards at least 22 million tonnes.
Formation on the Channel's first offshore ending farm will
begin next month, now with turbines set to be seen by 2017. The Rampion
wind farm might consist of 116 turbines and could switch on to 300, 00
Divestment active supporters and workers hailed a partial victory, as the
As well as college of Oxford said it would manufacture no direct investments in
coal plus oil sands from its multi-billion diathesis. The university
has no investments with the kind at present, and some expressed
frustration that it did not promise to fully divest from all
fossil fuels. 75 alumni, including journalist George Monbiot, will
hand back their qualifications in protest at the decision. Oxford's
Where there is oil and gas there is
The Mom or dad profiles Schlumberger - "the most effective company
you've never heard of". With more staff than Google with a greater
turnover than Goldman Sachs, Schlumberger is a major player on the inside
business of oil extraction, even though prefers to stay out of the
limelight. However , the firm recently set a new record: it's
received the largest corporate criminal superior in US history for
sanctions-breaking deals in Iran and Sudan.
Unilever boss urges world market leaders to reduce carbon
Unilever chief Paul holmes Polman has urged his like-minded business
leaders to create a "political licence" for politicians to promote
clean power, and that governments must set well-defined carbon dioxide
targets if they want to outrage innovation in low carbon concepts.
He was speaking ahead of a business close by summit in Paris this
couple of months. Polman is part of The B Yanks, a group which wants governments
to slice emissions to zero by 2050.
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