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Odessa American in Odessa, Texas

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Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jul 18, 2010

Page

7

U N proposes mix of private funds for climate aid

A UN panel led by Meles Zenawi and Jens Stoltenberg studies private and public sources to fund a 100 billion dollar yearly climate aid goal for developing nations by 2020. Ban Ki moon and Summers stress private finance is key, with a final report due in October outlining fund setup.

United Nations Copenhagen Ban Kimoon U.N Meles Zenawi Ethiopia Jens Stoltenberg Norway George Soros White House Lawrence Summers Guyana Britain France Mexico Singapore South Africa Ban Climate Financing Chris Huhne Energy and Climate See Ban Ki-moon

GE pledges 200 million for smart grid research drive

General Electric Co will provide 200 million to fund new R&D projects aimed at a more energy efficient grid. GE and four venture capital firms will seek ideas from entrepreneurs researchers and startups over 10 weeks with November awards.

SAN Francisco General Electric Co

Feds close six banks in three states amid rising failures

Regulators shut down three Florida banks, two in South Carolina, and one in Michigan. The closures bring 96 U.S. bank failures this year, with an estimated cost of 1.335 billion to the deposit insurance fund. The pace surpasses 2009 and last year as bank losses mount on commercial property loans.

Feds Washington Florida South Carolina Michigan U.S

Also Mentioned on This Page

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