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UK budget cuts for climate levy slash share prices in Drax Power Station

2015-07-10 01:00:00| Power Technology

The ending of climate change tax exemptions in the UK has caused a 28% drop in share prices for Drax Power Station, North Yorkshire, which had been making efforts in shifting to renewables and replacing amounts of coal burned with wood pellets.

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General Mills likely to slash up to 725 jobs

2015-06-29 01:00:00| Food Processing Technology

General Mills, known for manufacturing Cheerios, Bisquick and Yoplait, will cut 675 to 725 jobs in an attempt to reduce costs.

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General Mills to slash up to 725 jobs

2015-06-25 17:45:06| Food - Topix.net

The maker of Cheerios, Yoplait and Progresso said Thursday that it will record pre-tax costs of about $57 million to $62 million, mostly for employee termination benefits. Along with other packaged food makers like Kellogg and Campbell Soup, General Mills Inc. has slashed costs to offset slowing sales growth.

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Dutch court orders state to slash greenhouse emissions

2015-06-24 12:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: A Dutch court on Wednesday ordered the state to slash greenhouse gas emissions nationwide by at least 25 percent by 2020, in a case that could serve as a blueprint for activists around the world. Climate experts called the ruling a "milestone", saying it would encourage concerned citizens in other countries to take their own governments to court to force them to cut the gases blamed for global warming. "The court orders the State to reduce the overall volume of greenhouse gas emissions in such...

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DNV proposes new guideline to slash offshore plugging and abandonment costs

2015-06-18 01:00:00| Offshore Technology

DNV is set to introduce new plugging and abandonment (P&A) guidelines for offshore wells, which are expected to result in reduced costs of 30%-50%.

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