| February 26, 2009 | ![]() |
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Supreme Court mulls who pays after toxic spills Washington (AFP) Feb 24, 2009
The Supreme Court Tuesday heard arguments in a case to determine whether companies can be held financially liable for cleaning up polluted sites even when not directly to blame for the contamination. The US high court heard petitions in two separate, but similar cases: Burlington Northern v. United States and Shell Oil v. United States. In the Shell Oil case, the US government is trying ... read moreImpact Of Phantom RECs Underestimated
Canberra, Australia (SPX) Feb 26, 2009The contribution small-scale renewable energy sources, such as roof-top solar, make to reducing Australia's greenhouse gas emissions is far greater than expected. Figures in a submission to the Department of Climate Change draft Renewable Energy Target (RET) legislation committee, show almost five per cent of the Renewable Energy Certificates generated in 2008 came from small scale solar a ... more
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Ikerlan Designs Silicon-Free Photoelectric Module Of Easy Incorporation
Barcelona, Spain (SPX) Feb 26, 2009A team of researchers at the Ikerlan-IK4 technological centre have made a laboratory-scale photoelectric panel which, apart from fulfilling the function of converting solar light into electricity, solves the problems of integratability and availability that current technology presents. The installation of solar photoelectric panels - capable of converting the sun's light energy into electr ... more Global economic woes eroding IT spending: analysts
San Francisco (AFP) Feb 25, 2009Industry trackers on Wednesday slashed projections of global spending on information technology (IT) and said computer chip makers could be hit with an unprecedented plunge in revenue. IDC predicts worldwide IT spending will rise a meager half percent in 2009 because of economic turmoil and says that if exchange rate trends continue US technology exporters will take financial beatings. ... more Export slump puts Japan on wrack, Obama pledges more action
Hong Kong (AFP) Feb 25, 2009Slumping exports pushed Japan and Germany further into the mire Wednesday as President Barack Obama said more money might be needed to bolster the failing US bank sector. Japan's January trade deficit ballooned to 952.6 billion yen (9.9 billion dollars) -- the worst reading since records began 30 years ago -- as exports plunged 45.7 percent, highlighting the economy's vulnerability. ... more |
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Carbon emissions from freight can be cut: report
Geneva (AFP) Feb 25, 2009Carbon emissions arising from the transport and logistics sector could be cut significantly if ships travelled at a lower speed and the industry adopted cleaner technology, a report said Wednesday. If ships cut their travelling speed by 20 percent, up to 171 million tonnes of carbon dioxide emissions could be saved, said the report by the World Economic Forum. Meanwhile, if road and rail ... more Locke: Son of immigrants with eye on US-China trade
Washington (AFP) Feb 25, 2009Gary Locke, the first Chinese-American governor in US history, picked Wednesday by President Barack Obama as his commerce secretary, could help spearhead trade with economic giant China. If confirmed -- after Obama's two previous high-profile picks for the cabinet post stepped aside amid controversy -- Locke's experience as governor will likely prove invaluable, as Washington and Beijing con ... more US Democrats extend olive branch
Washington (AFP) Feb 25, 2009Democratic leaders Wednesday urged their Republican rivals to rally behind President Barack Obama's ambitious plans to rebuild the US economy laid out in his speech to Congress. "There's so much we need to do," Senate majority leader Harry Reid said, as Obama won plaudits for his maiden address late Tuesday to US lawmakers. "We're going to do everything we can to work with the Republican ... more Toshiba wins US nuclear plant projects
Tokyo (AFP) Feb 25, 2009Japan's Toshiba Corp. said Wednesday it had won a contract to build two nuclear plants in the United States that are scheduled to start generating power in 2016. It is the first such contract a Japanese company has won overseas, covering the projects entirely from engineering and procurement to construction of the nuclear plants, the company said. Under the contract, Toshiba America Nucl ... more |
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