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Archive for March 20th, 2015
Revealed: Gates Foundation $1.4B in Fossil Fuel Investments
Posted by Washington Post: Juliet Eilperin on March 20th, 2015
Guardian: The charity run by Bill and Melinda Gates, who say the threat of climate change is so serious that immediate action is needed, held at least $1.4bn (£1bn) of investments in the world’s biggest fossil fuel companies, according to a Guardian analysis of the charity’s most recent tax filing in 2013.
The companies include BP, responsible for the Deepwater Horizon disaster in the Gulf of Mexico, Anadarko Petroleum, which was recently forced to pay a $5bn environmental clean-up charge and Brazilian...
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Oil Sands Pain Spreads to Canada’s Far-Flung Eastern Shores
Posted by Washington Post: Juliet Eilperin on March 20th, 2015
Reuters: Cory Troke joined the exodus west two years ago, leaving scenic but job-scarce Cape Breton, Nova Scotia, after being laid off as a machinist.
Troke, 37, headed to the Alberta oilsands, apprenticing as a pipefitter and finding 19 months of steady work, flying in for two weeks, returning home for one.
By October Troke was out of work again, and he was not alone. A downturn driven by tumbling crude prices is causing turmoil in an island economy that has grown dependent on workers commuting more...
UN calls action as global water crisis looms
Posted by Deutsche-Weele: None Given on March 20th, 2015
Deutsche-Weele: The UN has warned that the world will soon face a crisis of huge dimensions if water management does not improve. Population growth and climate change are among the factors fueling the problem.
In its annual World Water Development Report released on Friday, the world body said if current trends of water usage continue, the demand for water will exceed its replenishment by 40 percent by 2030.
The report said the rise in the world's population by some 80 million people per year was one of the...