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California drought not helping water funds, but stocks prosper

2015-06-05 09:44:00| Chemicals - Topix.net

The record California drought, now in its fourth year, is prompting fund managers to dive into the shares of water technology companies. Fund managers from T. Rowe Price, Janus, and Mairs & Power are among those that have increased their stakes in firms such as Ecolab Inc, Roper Technologies Inc and Flowserve Corp that make smart meters, efficient heaters, and software that helps restaurants, hotels and homeowners cut back on their water usage.

Tags: water california funds helping

 

California drought not helping water funds, but stocks prosper

2015-06-05 09:28:45| Industrial Machines - Topix.net

The record California drought, now in its fourth year, is prompting fund managers to dive into the shares of water technology companies. Fund managers from T. Rowe Price, Janus, and Mairs & Power are among those that have increased their stakes in firms such as Ecolab Inc, Roper Technologies Inc and Flowserve Corp that make smart meters, efficient heaters, and software that helps restaurants, hotels and homeowners cut back on their water usage.

Tags: water california funds helping

 
 

Burst Oil Pipeline In California Severely Corroded, Investigators Say

2015-06-04 21:49:30| Energy - Topix.net

The pipeline that ruptured and spilled more than 100,000 gallons of crude oil along the California coastline near Santa Barbara last month was badly corroded, according to federal investigators. The Pipeline And Hazardous Materials Safety Administration says preliminary findings indicate the pipeline was "experiencing active external corrosion," and that metal loss amounted to 45 percent of the pipeline wall where the pipe broke.

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Burst Oil Pipeline In California Severely Corroded, Investigators Say

2015-06-04 21:38:47| Oil & Gas - Topix.net

The pipeline that ruptured and spilled more than 100,000 gallons of crude oil along the California coastline near Santa Barbara last month was badly corroded, according to federal investigators. The Pipeline And Hazardous Materials Safety Administration says preliminary findings indicate the pipeline was "experiencing active external corrosion," and that metal loss amounted to 45 percent of the pipeline wall where the pipe broke.

Tags: say california oil severely

 

Environmentalists sue to protect fish amid California drought measures

2015-06-04 21:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: California environmental groups have sued state and federal water managers, claiming that their drought-management plan for projects below the crucial Sacramento-San Joaquin River Delta is pushing some species of fish to the brink of extinction. The lawsuit marks the latest salvo in the battle over water in California as the state suffers through its fourth year of a devastating drought that has prompted strict conservation measures. "We bring this lawsuit in an effort to prevent the impending...

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