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APEC To Slash Emissions By 2050; China Big Winner Singapore (AFP) Nov 6, 2009
Asia-Pacific powers including the United States, China and Russia are expected to call next week for sweeping cuts in greenhouse gas emissions on the final countdown to a crunch climate meeting. US President Barack Obama and 20 other regional leaders will also say it is too early to wean their economies off stimulus spending, according to a draft summit communique obtained by AFP on Friday. ... read moreClimate finance hits snag before key UN summit
St Andrews, Scotland (AFP) Nov 8, 2009The G20 talked big but delivered little on climate finance, campaigners said Sunday, as the clock ticks down to the UN's key Copenhagen summit in just one month's time. One of the key talking points on Saturday for finance ministers meeting in the Scottish town of St Andrews had been working out how to deliver cash from rich to developing countries so they can tackle climate change. ... more
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Prisoners used to shovel snow-bound US capital
Heavy rain, snow disrupts transport in Spain Washington slaps fee on plastic shopping bags Vietnam says parched Red River at record low Philippine volcano darkens New Year for 50,000 villagers Shocked residents survey Australia wildfire wreckage Honduras declares state of emergency amid drought Residents flee terrifying Australian wildfires Sarkozy scrambles to salvage carbon tax Thrill-seeking tourists flock to Philippine volcano
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China hopes US keeps deficit to 'appropriate size': Wen
Sharm El-Sheik, Egypt (AFP) Nov 8, 2009Chinese premier Wen Jiabao said on Sunday he was encouraged by signs of an economic recovery in the United States, but hoped it would keep its budget deficit to an "appropriate size" to stabilise the US dollar exchange rate. "We follow very closely China's holdings of US assets, because that is a very important part of our national wealth," Wen told a media conference at the Egyptian resort ... more Japan eyes solar station in space as new energy source
Tokyo (AFP) Nov 8, 2009It may sound like a sci-fi vision, but Japan's space agency is dead serious: by 2030 it wants to collect solar power in space and zap it down to Earth, using laser beams or microwaves. The government has just picked a group of companies and a team of researchers tasked with turning the ambitious, multi-billion-dollar dream of unlimited clean energy into reality in coming decades. With fe ... more France to help build Polish nuclear plants
Paris (AFP) Nov 5, 2009French President Nicolas Sarkozy and Poland's Prime Minister Donald Tusk agreed Thursday to work together on a 20-year programme to develop Poland's nuclear industry. France will train Polish engineers and joint research will be carried out on equipping Poland with nuclear plants by 2030, the leaders said in a joint declaration following talks in Paris. Tusk said Poland hoped to put a fi ... more |
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Brazil subsalt oil receives Chinese funds
Rio De Janeiro (UPI) Nov 6, 2009 Brazil's gigantic subsalt oil exploration and development project has received a $10 billion cash boost from China at the same time as the Chinese state oil company has bought its first oil asset in the United States. In the clearest indication yet that China is intent upon building up its energy portfolio in the Americas, Petrobras and Norway's Statoil have welcomed Chinese partnership ... more Iraq outsmarts Big Oil over contracts
Baghdad (UPI) Nov 5, 2009 The Iraqi government's hardball tactics with oil majors demanding a bigger slice of the profits from taking over the country's rundown oil fields are paying off. Big Oil has caved in and is now meekly accepting the same 20-year deal the companies rejected at a June auction, the first such event in Iraq in nearly 40 years, because the prospect of Iraq's vast untapped reserves was just t ... more GM in talks to bring Chinese cars to India: report
New Delhi (AFP) Nov 7, 2009US auto giant General Motors is in advanced talks with its Chinese partners on a proposal to bring their vehicles to India, the Press Trust of India reported Saturday. GM began talks with its partners Shanghai Automotive Industry Corp (SAIC) and Wuling eight months ago to explore possibilities of bringing their light commercial vehicles to India. "Now we know what can work in India and ... more |
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