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Tugboats Left Useless by U.S. Shale Boom Finally Have Job to Do

2016-01-12 09:59:49| Oil & Gas - Topix.net

Somewhere in the Gulf of Mexico right now, the Energy Atlantic is headed for Louisiana to collect an historic cargo: the first exports from America's shale gas revolution. Waiting to steer the giant tanker into Cheniere Energy Inc.'s $15 billion Sabine Pass terminal is a fleet of tugboats that's spent the past seven years killing time -- some days holding emergency exercises, some days racing each other.

Tags: to do left job

 

US boom boosts global carbon markets in 2015

2016-01-11 13:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: The worlds carbon markets are still alive, contrary to many reports. New data from the team at Thomson Reuters Point Carbon shows they increased in value to EUR48.4 billion ($52.8 bn) over 2015, a leap of 9%. The rise is mainly down to higher prices, says Point Carbon, with North America markets rising 121% in volume and 220% in value. "North American carbon trading grew rapidly in 2015, when market volume increased from 472 Mt to 1,042 Mt (up 121 percent), and value increased by a full...

Tags: global markets carbon boom

 
 

Ferrari, Porsche gain from Australia car-sales boom

2016-01-10 05:26:37| Auto Dealers - Topix.net

Sales of new vehicles in Australia increased 3.8 percent to a record to 1.16 million last year, helped by a property boom. Sales of Ferrari cars rose by 48 percent to 167 sales in 2015, while Porsche sales jumped to 4,090 from 2,812, according to a report released Wednesday by the Federal Chamber of Automotive Industries in The Reserve Bank of Australia, which has cut interest rates to record lows, last year found a strong link between home-price increases and rising car sales.

Tags: australia gain boom ferrari

 

Vroom, vroom: Luxury car sales boom

2016-01-09 21:02:27| Auto Dealers - Topix.net

Splashing out on a new Mercedes-Benz doesn't seem beyond the reach of many Kiwis these days, with luxury car sales having almost doubled in the past five years. But whether that's because of improved economic confidence, increased wealth because of the housing boom or people feeling the need for speed is not so clear.

Tags: sales car luxury boom

 

Soy boom revives Amazon highway

2016-01-09 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: The BR-163 highway, an old dream of the Brazilian military to colonise the Amazon jungle, was revived by agroexporters as part of a plan aimed at cutting costs by shipping soy out of river ports. But the improvement of the road has accentuated problems such as deforestation and land tenure, and is fuelling new social conflicts. The 350-km stretch of road between the cities of Miritituba and Santarem in the northern Brazilian state of Pará look nothing like the popular image of a lush Amazon rainforest,...

Tags: amazon highway soy boom

 

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