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CLP to sell Australias Iona Gas facility for $1.28bn

2015-10-09 01:00:00| Hydrocarbons Technology

Hong Kong-based power company CLP has signed an agreement to sell EnergyAustralias entire interests in the Iona Gas Plant in Victoria, Australia to a consortium led by investment firm QIC for A$1.78bn ($1.28bn).

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VIDEO: Australia's Chinese tourism boom

2015-10-06 03:50:40| BBC News | Business | UK Edition

As Australia's resource boom loses steam, other sectors of the economy, such as tourism, will have to pick up the slack.

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Calls to toughen up Australia's vehicle emissions legislation

2015-09-30 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australia needs to improve lax fuel efficiency standards after the Volkswagen emissions scandal or face the prospect of becoming a dumping ground for high-emissions vehicles, advocates have warned. Pressure is mounting on the federal government to tighten legislation governing vehicle emissions standards. Australia is the only advanced economy not to have limits on the amount of carbon dioxide vehicles can omit, although there are restrictions on the amount of nitrogen oxide and carbon monoxide...

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