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GE to invest billions to improve fracking
2013-05-29 01:00:00| Hydrocarbons Technology
US-based multinational conglomerate GE is planning to invest billions of dollars to improve fracking.
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GE investing billions in fracking technology
2013-05-28 15:37:18| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: One of America's corporate giants is investing billions of dollars in the new boom of oil and gas drilling that relies on a controversial extraction method known as fracking. General Electric Co. is opening a new laboratory in Oklahoma, buying up fracking-related companies and placing a big bet that cutting-edge science will improve profits for clients and reduce the environmental and health effects of the boom. "We like the oil and gas base because we see the need for resources for a long time...
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Energy Efficiency Can Make Billions While Fighting Climate Change
2013-05-28 11:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Triple Pundit: The International Energy Agency estimates that one-third of emissions reductions must come from energy efficiency in order to avoid the worst impacts of climate change. Energy efficiency could be a several hundred billion dollar investment opportunity in the United States, but better policies are required to unlock broad-based financing from institutional investors, according to a new study by investor advocacy group Ceres. Power Factor: Institutional Investors Policy Priorities Can Bring Energy...
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Senate report: Apple claims subsidiaries to avoid paying billions in taxes each year
2013-05-21 12:51:08| InfoWorld: Top News
Apple has set up three foreign subsidiaries that the company claims are not resident in any nation for taxing purposes, in an effort to avoid paying tens of billions of dollars in taxes to the U.S. and other countries, according to a new report from a U.S. Senate subcommittee. Apple has set up a "complex web" of offshore entities to avoid paying taxes, with some subsidiaries set up in low-tax Ireland, according to a report released Monday by the investigations subcommittee of the Senate Homeland Security and Governmental Affairs Committee.
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Apple dodged paying billions in taxes, subcommittee says
2013-05-21 01:21:01| CNET News.com
A senate panel releases a lengthy report detailing how the tech company has used offshore corporate structures to avoid paying billions of dollars in U.S. taxes. [Read more]
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