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Australia: Renewable energy target still in limbo after Labor rejects biennial reviews

2015-05-12 05:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The future of the renewable energy target (RET) remains in limbo, after Labor announced it would not support a deal while the government insisted on implementing biennial reviews. On Friday Labor endorsed in principle a reduced target of 33,000 gigawatts an hour (GWh), paving the way for a bipartisan agreement. But on Tuesday its environment spokesman, Mark Butler, said the inclusion of a two-yearly review of the RET would stifle investment and industry certainty. Unless the government...

Tags: reviews australia energy target

 

Syngenta rejects Monsantos $45bn takeover offer

2015-05-11 01:00:00| Food Processing Technology

Agrochemicals company Syngenta has rejected a takeover bid of $45bn from US-based sustainable agriculture company Monsanto.

Tags: offer rejects takeover syngenta

 
 

FCC rejects industry request to stay Open Internet rules

2015-05-09 16:11:00| Telecompaper Headlines

(Telecompaper) The US Federal Communications Commission denied a request submitted by telecom industry groups and major operators to stay its Open Internet rules. The FCC said that the petitioners - USTelecom, AT&T, CenturyLink, CTIA-the Wireless Association and the Wireless Internet Service Providers Association - failed to meet the criteria for granting a stay. These require them to show they would likely prevail in a full challenge of the rules, would suffer irreparable harm without the interim relief, other parties would not be harmed from suspending the rules and the public interest would benefit from the stay. The FCC has consistently rejected the industry claim that it does not have the authority to impose such regulations, citing court jurisprudence and no action from Congress precluding its decisions. Nor did the FCC act "arbitrarily or capriciously", as the rules are based on an analysis of changing market conditions in recent years, including the widespread use of broadband internet and rise of third-party services over internet networks. The FCC also rejected industry threats that operators will be forced to abandon investments in IP services, calling this "vague", the potential harm "theoretical" and no basis for estimating any actual danger to the industry. Previous industry statements also suggest that consumers would suffer without the Open Internet rules, and the rules are "grounded in the public interest", the FCC said. 

Tags: internet open request industry

 

Swiss biotech company Syngenta rejects Monsanto takeover offer , says it undervalues prospects

2015-05-08 12:40:02| Biotech - Topix.net

Swiss biotechnology company Syngenta said Friday that it has rejected a takeover offer from Monsanto Co., a bid that it said greatly undervalued its prospects. Syngenta's shares jumped 17 per cent on the interest, however.

Tags: company offer swiss prospects

 

GM's Barra rejects talk of industry consolidation

2015-05-05 22:40:30| Automakers - Topix.net

General Motors Chief Executive Mary Barra said her company doesn't need to get involved in Sergio Marchionne's call for consolidation among carmakers and that it would distract from the strategy she has set forth. Barra's comments come after Marchionne of Fiat Chrysler Automobiles said last week that the industry needed to consolidate to improve returns to shareholders.

Tags: industry talk consolidation barra

 

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