New financial instruments could mobilise much-needed financing to cut emissions in developing countries, in addition to the Kyoto protocol's clean development mechanism (CDM), the UN's climate chief told Point Carbon today.
I recently received an e-mail from a Wall Street friend on this very topic. He sent the powerful testimony of a money manager named Michael Masters, who appeared on May 20 before the Committee on Homeland Security. Describing himself as
Western Australia has a lot to teach the nation about learning to live with rising petrol prices. But its FuelWatch - or should that be FuelBotch - scheme to be launched federally, is the least of it. Some Perthites apparently
For US investors, the realities of peak oil mean the following: energy prices will continue on an upward climb and therefore inflation will follow. The massive devaluation of the US dollar since Bush took office (>50%) will simply exacerbate the
The obvious answer would seem to be because we are running out of it. Peak-oil enthusiasts have argued this for years, but the idea is creeping closer to the mainstream. In the New York Times Paul Krugman argued that prices
The bandit pulled his truck to the back of a Burger King in Northern California one afternoon last month armed with a hose and a tank. After rummaging around assorted restaurant rubbish, he dunked a tube into a smelly storage
Report: Automaker in talks with GM about using Calif. factory TOKYO - Toyota said Friday that nothing had been decided yet on using its California joint venture plant with General Motors to produce its Prius hybrid — a move that
THERE may be a debate about the cause but there is no doubt about the effect: the world is on the verge of an energy crisis. The signs are everywhere. ...
RALEIGH, N.C. - The reality of rising fuel costs students in a Tennessee school district their bus ride to school this week on the last day of the year. That's a minor inconvenience compared with what might happen this fall
Want to know why oil is hovering around $130 a barrel? A big but overlooked factor is the tight market for diesel fuel, now averaging $4.72 a gallon at pumps in the U.S. Diesel is in strong demand partly because
Speculation. Manipulation. As politicians, business leaders, and ordinary consumers try to grasp the causes and effects of the historic surge in oil prices, attention turns to dark notions of exploitative financial maneuvering. Are savvy traders cashing in -- or even
On an annual basis, MAPI forecasts slight growth in the industrial sector this year. Manufacturing production is expected to increase 0.4% in 2008 before improving to 3.1% growth in 2009. Manufacturing industrial production, measured on a quarter-to-quarter basis, declined at
Fast-growing specialty food company Tulocay & Co, home of the award-winning Made In Napa Valley brand, recently moved into a new 52,000 square foot facility. The new complex houses the company's manufacturing and corporate offices and also features the Made
Earlier this month, we bade farewell to the godfather of California wine, Robert Gerald Mondavi, the man who transformed the wine industry and became an ambassador for the Napa Valley.
San Miguel is looking at possible investments in brewery and liquor production in Laos, Cambodia and Myanmar, encouraged by the countries growth of tourism, according to local reports.