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UN climate fund falls short of $10 billion target
2014-11-20 16:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: A U.N. fund that will help poor countries tackle climate change has fallen short, for now, of its target of collecting $10 billion, officials said Thursday. About 30 countries meeting in Berlin pledged a total of $9.3 billion toward the Green Climate Fund, according to Germany's development ministry, which co-hosted the conference. Last week, the U.S. pledged $3 billion, the biggest amount so far. Britain announced Thursday it would give 720 million pounds ($1.13 billion). Japan, Germany and...
E.U. Greenhouse Gas Deal Falls Short of Expectations
2014-10-25 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: The deal reached early Friday by the European Union to cap its greenhouse gas emissions was meant to increase pressure on the rest of the world to achieve a landmark accord on climate protection next year, the blocs leaders said. The approval of a target to slash emissions by 2030 by at least 40 percent, compared with 1990 levels, makes the European Union the first major global emitter to put its position on the table ahead of an important United Nations climate meeting in Paris at the end of 2015....
Actuant 4Q falls just short of analysts' consensus; firm buying back more stock
2014-10-02 21:07:12| Industrial Machines - Topix.net
Actuant Corp. said Thursday that earnings from continuing operations remained largely flat in the company's fiscal fourth quarter on a modest increase in sales. Actuant , a Menomonee Falls-based manufacturer of branded tools and position and motion control equipment, reported net income from continuing operations of $32.8 million, or 47 cents per share, for the three months ended Aug. 31, compared with $34.5 million, or 46 cents per share, for the same period a year ago.
Natural Gas Production Falls Short in China
2014-08-22 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Jin Peisheng, a drilling rig foreman, knows the challenges of trying to extract natural gas from a coal seam under the cornfields here in north-central China. Cracks in the subterranean coal are flooded with water that needs to be pumped out before the gas will emerge. The coal seams are so cold that gels injected into the well, which are meant to help release the gas, sometimes become gummy and block the flow instead. And there is constant concern about hitting the labyrinths of active coal mines...
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Macy's 2nd quarter profit falls short; sales outlook cut
2014-08-13 20:26:18| Apparel - Topix.net
Macy's Inc. on Wednesday reported a 4 percent profit increase in its fiscal second quarter as business rebounded from slow sales earlier in the year.
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