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EU Carbon Plummets as Panel Rejects Market Fix Recommendation

2015-01-23 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: European Union carbon allowances posted their biggest drop since April after a panel in the blocs parliament failed to agree on how to modify a measure curbing a glut of carbon permits. Permits fell as much as 8.1% after the European Parliaments industry committee, which has an advisory role in the legislative process, rejected a recommendation on a mechanism to withhold surplus allowances. Earlier, committee members backed inclusion in the report of an amendment to start the market overhaul...

Tags: market panel fix carbon

 

Bitcoin price plummets as investors flee the currency

2015-01-14 20:51:19| Extremetech

Bitcoin prices have dropped sharply in the past few days, with the currency losing nearly a third of its value as of this writing and down nearly half since the New Year. At these prices, multiple cloud mining operations are going to be running at a loss, no matter what.

Tags: price currency investors flee

 
 

US rig count plummets 35 to 1,840

2014-12-29 21:05:27| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. plunged by 35 last week to 1,840. The Houston firm said Monday in its weekly report that 1,499 rigs were exploring for oil and 340 for gas.

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US Getting Rid of Oil Addiction as Price Plummets in Glut

2014-12-12 00:47:50| Energy - Topix.net

The U.S. is producing the most oil in 31 years, economic growth is picking up and crude prices are plunging. So why is Americans' use of petroleum waning? As the U.S. moves closer and closer to energy independence, greater fuel efficiency, changing demographics and an increase in renewables are altering the dynamic that in the past would have seen demand for gasoline climbing.

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Walter Energy (WLT) Stock Plummets After BB&T Capital Predicts 2015 Bankruptcy Filing

2014-12-02 20:26:21| Industrial Machines - Topix.net

The firm issued a research note Tuesday with predictions on the coal sector for 2015, and one of the predictions was Walter Energy would file for bankruptcy next year. Walter Energy has declined more than 80% so far this year.

Tags: stock capital energy filing

 

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