| November 03, 2008 |  |
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EU nations agree to push back CO2 auto limits to 2015 Brussels (AFP) Nov 1, 2008 
EU member states are ready to grant automakers a three-year delay until 2015 to reduce the CO2 emissions of their new vehicles, in light of the global economic crisis, negotiators said Saturday. During a meeting Friday of representatives of the 27 nations, "a consensus was reached" on pushing back the original 2012 deadline to reduce carbon dioxide emissions, one of the negotiators said. ... read moreHas A Ponzi Scheme Destroyed Capitalism 
Washington (UPI) Oct 30, 2008 As Wall Street's subprime Ponzi scheme engulfed much of the world's economy, academics and learned journals are debating what the prestigious Council on Foreign Relations calls "the wholesale reconsideration of the capitalist model and free market economic orthodoxy." In its daily analysis headed "Capitalism in Crisis," Lee Hudson Teslik writes that it was French President Nicolas ... more
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Cub Foods Opens State-Of-The-Art Green Grocery Store 
Stillwater MN (SPX) Nov 03, 2008Cub Foods has announced the grand opening of a one-of-a-kind store. Upon approval, the store will become Minnesota's first, and one of the nation's few, new grocery stores to successfully achieve LEED (Leadership in Energy and Environmental Design) Gold Certification. This new Cub Foods will be located in the Phalen neighborhood of St. Paul, Minn. Cub Foods has also received an award from ... more Tokyo Electric posts huge loss in first six months 
Tokyo (AFP) Oct 31, 2008Tokyo Electric Power Co., Asia's largest utility company, on Friday posted a major loss in the first half as it was hit by rising fuel costs and the shutdown of a plant hit by an earthquake. The company, known as TEPCO, reported a net loss of 109.3 billion yen (1.12 billion dollars) for the first half of the year, against a profit of 21.22 billion yen in the same period last year, a ... more SolarCraft Helps Trione Vineyards Switch To Solar 
Novato CA (SPX) Nov 03, 2008Novato-based SolarCraft has announced it has completed the design and installation of a 39.2 kW solar electric system for Trione Vineyards and Winery in Geyserville, CA. The winery's new tasting room and production facility are now powered by the sun. Trione's new 11,700 square foot facility now supports 210 Sharp 187 watt solar panels. SolarCraft utilized Sharp's OnEnergy racking system. ... more  |
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Norwegian solar energy firm breaks ground on Singapore facility
Singapore (AFP) Oct 31, 2008A Norwegian energy company on Friday broke ground on a two billion US dollar plant in Singapore that will produce solar wafers, cells and modules. Renewable Energy Corporation (REC) said the three billion Singapore dollar (2.02 billion US, 1.6 billion euro) facility, which comprises the first phase of the Norwegian firm's planned investment in Singapore, would start operations in the first ... more Major Changes In US Energy Policy After 2008 Election 
New York NY (SPX) Nov 03, 2008The 2008 presidential election will mean major changes in United States energy policy. William F. Weld, partner advising on government strategies and energy policy for the law firm of McDermott Will and Emery and a former two-term governor of Massachusetts, believes that the biggest impact will come on two issues: climate change (global warming) and dependence on foreign oil. Mr. Weld says ... more Jordan, Areva discuss nuclear reactor project 
Amman (AFP) Nov 2, 2008Jordan's Prime Minister Nader Dahabi and Anne Lauvergeon, president and CEO of French nuclear giant Areva, on Sunday discussed a plan to build a 110-megawatt reactor in the energy-poor kingdom. "The two sides also discussed a timetable and sustainable funding resources for the project," the state-run Petra news agency reported without elaborating. "The prime minister said Jordan is keen ... more Hedge funds take beating in global turmoil 
Hong Kong (AFP) Nov 2, 2008The aura of invincibility around hedge funds, the investment pools for the super-wealthy, has been eroded by the global financial crisis, and the fallout has helped fuel ongoing market chaos. Analysts say the industry -- often maligned for its secrecy and short-selling tactics, but lauded for its lucrative returns -- has struggled in the economic meltdown despite its aim to thrive in both ... more |
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