Graph of the Day: SE Michigan Building Permits and Demolitions, 1989-2009

Southeast Mich. construction permits in ’08 see sharpest decline in 50 years Christina Stolarz / The Detroit News It’s no surprise that the region’s housing market has taken a hit. But for the first time since 1981, the permits for new home construction were outstripped by the number of units torn down. On top of […]

Global oil, gas projects delayed in 2009

July 16 (Reuters) – Following is a list of some of the oil and gas projects and oil refinery expansion plans that have been delayed or cancelled so far in 2009. The global financial crisis, falling oil demand, a slide in prices and poor general market conditions have prompted many in the industry to scale […]

Monsoon rain too late for sugarcane, rice

By Himangshu Watts and Mayank Bhardwaj NEW DELHI (Reuters) – India’s monsoon delivered above-average rains last week for the first time this season but the worst dry patch in more than 80 years has already hit rice and sugarcane crops. It has also depleted India’s reservoirs, choking hydropower supply and boosting fuel demand as farms, […]

Rhino poaching rises sharply due to Asian demand for horns

  Rhino poaching rates have hit a 15-year-high as a consequence of demand for horns for use in traditional medicine, according to new report published by the wildlife trade monitoring network TRAFFIC. Asia-based criminal gangs run the illegal trade. “Illegal rhino horn trade to destinations in Asia is driving the killing, with growing evidence of […]

Malaysia tigers poached nearly to extinction

Malaysia is losing its battle to save its dwindling population of wild tigers, a conservation coalition warned Wednesday after a series of raids that netted tiger carcasses and bones. “It is clearly time to admit that we are fast losing the battle to save our tigers to an army of smugglers and poachers intent on […]

Credit Suisse, UBS, BNP Paribas to finance razing of rainforests for palm oil

Swiss banks, Credit Suisse and UBS, together with the French BNP Paribas, are helping Singapore-listed Golden Agri-Resources raise up to 280 million Swiss francs ($258 million) to finance conversion of large areas of rainforest in New Guinea and Borneo for oil palm plantations, reports the Bruno Manser Fund (BMF), a group that campaigns on behalf […]

Allianz says insurers will be hit by more wind storms in Europe

By Oliver Suess July 17 (Bloomberg) — Insurers will be hit by a higher number of wind storm-related claims in Europe as a result of global warming, according to Allianz SE, Europe’s biggest insurer by market value. “Global warming is happening and it’s here to stay,” Olaf Novak, head of risk management related to natural […]

Melting ice threatens polar life

By Cameron Dueck on the Bering Sea The Canadian Arctic is facing another year of open water with the summer break-up of sea ice ahead of schedule in many key parts of the northern archipelago. The early break-up of ice underlines the growing impact of climate change in the Poles where temperatures have risen much […]

Graph of the Day: Arctic Sea Ice Extent, 1979-2009

June 2009 compared to past Junes Compared to previous Junes, ice extent in June 2009 was extremely close to the last two years, falling within 30,000 square kilometers (12,000 square miles) of the June extent in 2007 and 2008. The long-term trend indicates a decline of 3.3% per decade, an average of 40,100 square kilometers […]

Pine beetles infesting Alberta forests

  Last winter’s cold temperatures did kill some mountain pine beetles in Alberta, but it wasn’t enough to reduce the threat of additional infestations, according to recent field surveys. “These results show we need more than cold winters to be successful in our fight against pine beetles in our forests,” Sustainable Resource Development Minister Ted […]

Social media & sharing icons powered by UltimatelySocial