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South Korea warns of power shortages amid nuclear shut downs

2013-08-11 10:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: South Korea has warned of serious power shortages this week amid an expected rise in summer temperatures and as the resources-starved country struggles to keep up with demand after six nuclear plants have gone off-line. The energy ministry said it may take emergency measures such as rolling power cuts to avoid a repeat of 2011 blackouts which cut electricity to businesses and homes across the country. Separately, the ministry said some major companies, including Kia Motors Corp and Hyundai...

Tags: power south korea nuclear

 

United Kingdom: Agriculture market stoking 5trn asset bubble, study warns

2013-08-09 11:03:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Investors are facing fresh calls to build up the resilience of their agricultural portfolios, after a major new report showed $8trn (5.2trn) worth of farming assets could become uninsurable owing to environmental risks linked to climate change. The report, released today by the University of Oxford's Smith School of Enterprise and the Environment, aims to show the scale of the asset bubble faced by the agricultural sector, which could leave huge levels of capital exposed to the physical and economic...

Tags: united market study kingdom

 
 

Dean Foods warns 3Q may be toughest this year

2013-08-08 22:41:26| Food - Topix.net

Dean Foods Co. reported a second-quarter loss on Thursday and said its third quarter may be its most challenging this year, which sent the dairy company's shares down sharply.

Tags: this year dean foods

 

BBB warns of potential online car sales scam

2013-08-08 01:49:32| Auto Dealers - Topix.net

In some cases buyers purchase vehicles advertised, at a price often below book value, by individuals who don't own them.

Tags: online sales car potential

 

Interpol warns of criminal focus on $176 billion carbon market

2013-08-07 23:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Responding to Climate Change: Carbon trading schemes are at acute risk from criminal gangs and fraud, a new report from Interpol warns. The police agency says uncertain regulations and a lack of oversight and transparency threaten the environmental and financial integrity of the worlds carbon markets, worth an estimated $176 billion. And it says that there is a risk that if financial instruments related to carbon trading become too complex, the worlds carbon markets could spark a financial crisis on par with 2008. The report...

Tags: market focus criminal billion

 

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