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China Backing Away From Carbon Tax Start in 2013, Official Says

2013-03-06 02:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: China will wait until after this year to introduce a tax on carbon, deferring to concern that economic growth might suffer, a government researcher said. The nation eventually expects to introduce a levy of 5 yuan to 10 yuan (80 cents to $1.61) per ton of carbon, Jia Kang, head of research at the Ministry of Finance, said in Beijing yesterday. The tax, proposed in Chinas latest five-year plan, was intended to apply to carbon emissions from fossil fuels, KPMG International said in a May 2011 report....

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Thomson delays start of 787 flights

2013-03-05 12:56:23| BBC News | Business | UK Edition

Thomson cancels plans to start services using Boeing's 787 Dreamliner planes in May, transferring long-haul passengers to its 767 aircraft.

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Ethiopia: Wonji Shoa Sugar Factory to Start Trial Production

2013-03-05 07:56:25| Sugar Industry News

The expansion of the Wonji Shoa Sugar Factory undertaken by the Ethiopian government at a cost of three billion Br in Oromia Regional State will begin trial production next month. The factory, which has the capacity to crush 6,250tn of sugarcane and produce 7,000ql of sugar daily, rests on 20,000ha of land.

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S. Korea to Meet Emitters Before Start of Carbon Trading in 2015

2013-03-05 02:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: South Koreas government plans to meet in May with the nations biggest emitters to provide information about the start of cap and trade in 2015. The government plans to select an exchange for greenhouse- gas emissions in the second half of this year and decide how to allocate free allowances to an estimated 480 emitters by June 2014, Lee Hyung Sup, a deputy-director at the Ministry of Environment, said in a phone interview yesterday in Seoul. Trials for carbon trading are set to start in June...

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Loews, DRW Officially Start on 52-Story Tower

2013-03-03 23:37:00| National Real Estate Investor

The property will include 400 hotel rooms and 398 apartments.

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