| March 09, 2009 |  |
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California Proposes Regulation Targeting Greenhouse Gas Emissions From Fuels Sacramento CA (SPX) Mar 09, 2009 
The Air Resources Board has released a proposed regulation that would implement Governor Schwarzenegger's Low Carbon Fuel Standard, a policy to reduce the greenhouse gas emissions from California's transportation fuels by ten percent by 2020 and more thereafter. The release of the proposed regulation allows 45 days for the public to review the language and provide comment before the item is cons ... read moreAnalysis: Ukraine-Russia gas dispute 
Washington (UPI) Mar 6, 2009 The new year opened with Russia halting natural gas deliveries through Ukraine to Eastern Europe and points west, reminding the European Union that its Russian gas imports are hostage not only to bilateral economic disputes between Moscow and Kiev but to Ukrainian domestic politics as well. The stoppage, which began Jan. 1 when Russia first diminished gas flows before halting them completely ... more
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China central bank surprised by loan growth
Beijing (AFP) March 6, 2009China's central bank governor said Friday he was surprised by the steep rise in bank loans so far this year, but argued it was helpful in boosting fickle confidence. "Loans in January exceeded our expectations somewhat," Zhou Xiaochuan, governor of the People's Bank of China, told a briefing in Beijing on the sidelines of an ongoing annual full session of parliament. "But if it can preve ... more Growth Energy Slams ARB Staff Report On New Low Carbon Fuel Standard Rules 
Sacramento CA (SPX) Mar 09, 2009Growth Energy has called on the California Air Resources Board (ARB) to reject rules developed by its staff that would impose unfair standards in calculating the carbon intensity of fuels as part of the Low Carbon Fuel Standard (LCFS). The ARB staff report calls for the adoption of a flawed indirect land use change (ILUC) theory that would only penalize biofuels while ignoring the signific ... more Coke says investing two billion dollars in China 
Shanghai (AFP) March 6, 2009US beverage giant Coca-Cola said Friday it would invest two billion dollars in China over the next three years as it looks to dramatically increase its presence in the world's largest market. The ambitious development means the world's biggest soft drink maker will more than double the 1.6 billion dollars it has spent in China since the nation opened up to the world with economic reforms in ... more  |
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Pilot of ship in San Francisco spill pleads guilty
San Francisco (AFP) March 6, 2009The pilot of a cargo ship that slammed into the San Francisco Bay Bridge in 2007, resulting in a massive oil spill that killed more than 2,000 birds, pleaded guilty Friday in a deal with prosecutors. Under the deal, Cosco Busan pilot John Cota would serve up to 10 months in prison and be fined up to 30,000 for two violations of environmental law. The accident sent more than 53,000 gallon ... more China's large passenger jet ready in eight years: report 
Beijing (AFP) March 7, 2009China's first large passenger jet will take off in about eight years and will be named C919, state media reported Saturday. China is keen to cooperate with foreigners on the project, which is meant to rival Airbus and Boeing, Xinhua news agency said, citing the plane's chief designer Wu Guanghui. "C (in C919) represents China as well as COMAC, the abbreviation for Commercial Aircraft Cor ... more China insists gas field its own business despite Japanese protests 
Beijing (AFP) March 7, 2009China reiterated on Saturday that a gas field near a disputed part of the East China Sea was part of its territory, despite Japanese protests. East Asia's two largest economies struck a deal in June last year to end a lingering spat over Chinese undersea gas fields which, Japan said, may extend into its exclusive economic zone. But Japan has complained about China's development of the ne ... more Analysis: Nigeria oil strike looming 
Washington DC (UPI) Mar 06, 2009Nigeria's leading oil-worker unions have given the government 21 days to improve the security situation in the petroleum-rich Niger Delta before they declare an industry-wide strike. Officials from Nigeria's two leading oil workers' unions - the Petroleum and Natural Gas Senior Staff Association of Nigeria, known as Pengassan, and the National Union of Petroleum and Natural Gas Worker ... more |
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