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Green Climate Fund partners with Deutsche Bank to green fury

2015-07-09 16:45:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: A UN piggy bank to help poor countries deal with climate change partnered with a leading coal funder, sparking an outcry from green groups. At a meeting in its South Korean headquarters on Thursday, the Green Climate Fund approved Deutsche Bank and 12 other financial entities to receive and distribute cash. Germanys leading investment bank is the worlds 10th largest backer of coal, with EUR15bn invested in the industry from 2005 to 2014, according to the BankTrack network. Over 20 campaign...

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Regenerative AC Load Bank reduces energy expense by 90%.

2015-07-09 14:31:10| Industrial Newsroom - All News for Today

Built around 60 kVA chassis, PEL Series simulates range of test capabilities and supports parallel use to meet requirements of higher-power applications. Series also accepts standard AC input ranges from 120–480 V and provides grid-synchronized, regenerated AC power output that returns 90% of equipment under test load power back to utility. Load settings modes include constant current, constant resistance, and constant power, and power factor is adjustable from 0.3–1.0.

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Greece extends bank closures

2015-07-09 02:08:16| BBC News | Business | UK Edition

Greece extends bank closures and a 60 daily limit on ATM withdrawals until Monday, as Athens seeks to secure a deal with creditors on its huge debt.

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Sydneys Badgery Creek Airport would need $1bn in government subsidies: Deutsche Bank report

2015-07-09 01:00:00| Airport Technology

The Australian Government will have to provide $1bn in subsidies or impose additional levies for the proposed airport in western Sydneys Badgery Creek, a recent analysis by Deutsche Bank has revealed.

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Bank levy to be reduced gradually

2015-07-08 18:48:12| BBC News | Business | UK Edition

The annual levy banks pay on their balance sheets is to be reduced gradually but an 8% surcharge on their profits will be introduced, the chancellor announces.

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