Modeling Micro-algae to Better Understand the Workings of the Ocean
be for other producers at the bottom of the food chain? Can diazotrophs help limit the effects of climate change? The possibilities for further research opened up by this more realistic representation are huge.The NOTION research project described in this article is generously supported by Foundation BNP Paribas as part of its Climate and Biodiversity Initiative.AuthorsDomitille Louchard, Assistant researcher, Swiss Federal Institute of Technology ZurichMar Benavides, Research scientist, Institut de recherche pour le développement (IRD)Translation by Joshua Neicho(Source: The Conversation
Barclays Rejects Arctic Drilling
framework, we would not expect such project finance proposals to meet our criteria.”The announcement from Barclays is the latest in a series of major financial institutions rejecting drilling in the Arctic. Some of the world’s largest banks have made similar commitments, including HSBC, BNP Paribas, Royal Bank of Scotland, Societe Generale, and others.Recently leaders from the Gwich’in Steering Committee and the Sierra Club have met with representatives from Barclays to discuss the threats fossil fuel operations pose to the Arctic Refuge and why action by the financial industry is
New Marine Energy Business Launched
investment into new marine energy subsidiary DCNS, the parent company of OpenHydro and the European leader in naval defense, has announced the creation of DCNS Energies a new marine energy business which will be fully financed by a fund managed by Bpifrance and supported by Technip and BNP Paribas development groups. DCNS Energies, majority owned by DCNS and 36 percent by the SPI fund ("Société de Projets Industriels" / Industrial Projects Company) of Bpifrance, will devote its activity to the industrial and commercial development of three marine energy
Ithaca Energy Completes RBL Redetermination
RBL facilities are based on conventional oil and gas industry borrowing base financing terms, neither of which have historic financial covenant tests. In addition to the bank debt facilities, the Company has $300 million senior unsecured notes due July 2019. The banks in the debt syndicate are: BNP Paribas, Scotiabank, Deutsche Bank AG, Lloyds Bank, Royal Bank of Scotland, Barclays Bank PLC, Commonwealth Bank of Australia, Skandinaviska Enskilda Banken AB (publ), Société Générale, NIBC and Wells Fargo.
Oceans Can’t Take Any more: Researchers Fear Fundamental Change
on the future of the oceans as a resource for decision-makers participating in the COP21 conference. The international research team is supported by the Prince Albert II of Monaco Foundation, the Ocean Acidification International Coordination Center of the International Atomic Energy Agency; the BNP Paribas Foundation and the Monégasque Association for Ocean Acidification. Over the past several years, publications by researchers from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research, have greatly contributed to our current state of knowledge. One of the chief
France Picks: GE is the One for Alstom
Reuters the saga had drawn a divide between Montebourg, who they said lent towards the Siemens-MHI plan, and Hollande, in favour of GE. While no one has publicly drawn a link between the two cases, Hollande is also lobbying U.S. authorities to reduce the penalties which France's biggest lender, BNP Paribas, faces for breaching U.S. sanctions in 2002-2009, notably its dollar-financing of oil trade out of Sudan. ($1 = 0.7336 Euros) (Additional reporting by Joern Poltz in Munich, Elizabeth Pineau in Paris and Maria Sheahan in Frankfurt; Writing by Mark John; Editing by Sophie Walker) Word Count: 984
February 2024
