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European electricity giants back 40 per cent emissions cuts

2014-02-04 01:20:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Binding emissions reduction targets and an expansion of the EU's carbon trading scheme are among the recommendations a group of leading European electricity firms have submitted to policymakers, as they prepare to debate the bloc's next wave of climate and energy policies. Trade body Eurelectric yesterday handed a manifesto to EU Energy Commissioner Günther Oettinger that calls for European and national policymakers to take measures that would "re-orient energy policy towards cost-efficiency...

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GM sales fall 12 per cent in January; frigid weather in South, Midwest and Northeast blamed

2014-02-03 20:20:45| Auto Dealers - Topix.net

General Motors says its U.S. sales fell 12 per cent last month as harsh weather kept customers out of its dealerships in several regions.

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Fukushima to use 100 per cent renewable energy by 2040

2014-02-03 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Eco-Business: The Japanese province of Fukushima has pledged to switch to 100 per cent renewable energy by 2040, turning its 2011 nuclear disaster into an opportunity to tackle climate change. The mayor of the region, which has a population of about two million people, hopes that community energy schemes will wean the region off fossil fuels completely in just over 25 years' time. Energy will be generated locally through community energy initiatives and will provide a clean and self-sustaining source of...

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CN ends year with profit rising four per cent to $635 million in fourth-quarter

2014-01-31 02:04:36| Railroads - Topix.net

Canadian National Railway is increasing its dividend by 16 per cent on forecasts of an improving North American economy despite challenging winter weather conditions that have continued into the new year.

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Exxon Mobil profit falls 16 per cent to $8.35 billion, revenue misses Wall Street ...

2014-01-30 17:02:13| Chemicals - Topix.net

This Feb. 27, 2012 photo shows gas prices at a Pittsburgh Exxon mini-mart. THE CANADIAN PRESS/AP, Gene J. Puskar This Feb. 27, 2012 photo shows gas prices at a Pittsburgh Exxon mini-mart.

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