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China carbon cash party over as U.N. credit stream dries up

2014-04-23 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Revenues for China's biggest sellers of U.N.-issued carbon credits shrunk last year to a tenth of 2012 values, choking off billions of dollars flowing to clean energy projects in the world's top carbon-emitter. China will now have less money to put into a stepped-up campaign to cut greenhouse gas emissions, clean its air and raise the share of fossil-free energy in its total mix to 15 percent by the end of the decade, from a current 8 percent. The U.N.'s Clean Development Mechanism (CDM) is...

Tags: up china party credit

 

Credit Suisse profit falls 34% as bond market hits investment banking revenue

2014-04-16 16:18:52| IT Services - Topix.net

Swiss bank Credit Suisse says its net profit fell 34 per cent in the first quarter, more than expected, as bond-market woes hurt earnings at its investment banking business.

Tags: market credit hits investment

 
 

Credit Suisse rebuffs forex probe

2014-04-16 09:51:32| BBC News | Business | UK Edition

Swiss bank Credit Suisse has found nothing "materially untoward" in how it trades foreign currencies, finance officer David Mathers has said.

Tags: credit suisse probe forex

 

Momentum Builds to Restore Wind Energy Tax Credit

2014-04-15 06:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: Last year, the U.S. wind energy industry chalked up a record number of projects and generating capacity under construction. By year end, private corporations invested billions of dollars, and new records for generation were set in many locations, according to the U.S. Wind Industry Annual Market Report Year Ending 2013, released Thursday by the American Wind Energy Association, AWEA. But the year began slowly after Congress granted a last-minute extension of the federal Production Tax Credit for...

Tags: credit energy tax wind

 

MSC Industrial Direct Receives "Neutral" Rating from Credit Suisse

2014-04-14 08:32:25| Industrial Machines - Topix.net

's stock had its "neutral" rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Friday, Stock Ratings News reports.

Tags: rating direct credit industrial

 

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