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Cut carbon emissions by 40% in 16 years, Ed Davey tells EU
2014-01-17 20:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Ed Davey, the energy secretary, has called on EU heads of state to endorse a target to cut greenhouse gas emissions by 40% by 2030, but reject a specific binding renewables target. The Europen Commission is due to issue a paper next Wednesday that is likely propose a EU-wide renewables target in line with the wishes of Germany and France, but Davey, in a Guardian interview, claimed his call not to impose a binding renewables target was gaining traction. He wants EU states to have flexibility...
EU could cut emissions 40 percent at moderate cost
2014-01-17 18:31:00| Climate Ark Climate Change & Global Warming Newsfeed
ScienceDaily: EU could cut emissions by 40 percent at moderate cost: This is a key finding from an international multi-model analysis by the Stanford Energy Modeling Forum (EMF28) and comes at a crucial time, as the European Commission is set to announce next week its plans whether to scale up its efforts on emissions reduction in the next decade. However, beyond 2040, according to the scientists the costs risk to rise substantially. Technological innovation would be needed to counter this. "In the next two decades,...
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Acer reports Q4 loss, executives agree to salary cut
2014-01-17 13:52:35| InfoWorld: Top News
Acer reported another net loss at NT$7.6 billion (US$251 million) for the fourth quarter, as senior executives at the struggling PC maker agreed to a 30 percent cut to their salaries. It's the third consecutive quarter for which Acer has reported a net loss, as the PC market continues to shrink. During the fourth quarter, the company's revenue reached NT$86.7 billion, down from NT$101.5 billion a year earlier.
US: JC Penney to cut 2,000 jobs amid turnaround
2014-01-16 14:01:00| Daily apparel & textile news and comment - from just-style.com
Struggling US department store chain JC Penney is to axe 2,000 jobs and close 33 underperforming stores, as part of ongoing efforts to turn around its business.
Tags: jobs
cut
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turnaround
JC Penney and Sears to cut jobs
2014-01-16 03:22:41| BBC News | Business | UK Edition
US retailer JC Penney says it plans to cut 2,000 jobs and close 33 stores, while Sears is to make about 1,600 redundancies.
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