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Portugal unveils bank rescue plan

2014-08-04 02:29:53| BBC News | Business | UK Edition

The Bank of Portugal unveils a plan to rescue the troubled lender, Banco Espirito Santo, by splitting it into two banks, with a cash injection for the "good bank".

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A Cleaner Earth: Obama Unveils Plan Slash Coal Pollution by 2030

2014-06-02 20:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Nature World: President Barack Obama unveiled his proposal Monday to slash carbon dioxide pollution from power plants 30 percent by 2030, one of the strongest actions ever taken by the United States government to fight climate change. The 645-page regulation, proposed by the Environmental Protection Agency (EPA) and expected to be final next year, takes fire at coal, one of the nation's largest sources of carbon emissions. It is Obama's last opportunity to make a significant impact on global warming after failing...

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U.S. unveils sweeping plan to slash power plant pollution

2014-06-02 09:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.S. power sector must cut carbon dioxide emissions 30 percent by 2030 from 2005 levels under federal regulations unveiled on Monday that form the centerpiece of the Obama administration's climate change strategy. The Environmental Protection Agency's proposal is one of the most significant environmental rules proposed by the United States, and could transform the power sector, which relies on coal for nearly 38 percent of electricity. It also set off a political backlash likely to run well...

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