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Canadas oil industry frets as pressure mounts to cut fossil-fuel tax incentives

2015-11-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: Canadas oil industry is facing a twin threat as environmentalists urge the Liberal government to make good on promises to slash fossil-fuel subsidies and impose a tougher regulatory regime on existing applications to build pipelines to the West and East coasts. A study released Thursday pegged federal subsidies for the industry at nearly $1.7-billion, including items such as accelerated capital-cost writeoffs recently extended to the proposed liquefied natural gas plants, and the Canadian exploration...

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UK living wage pressure mounts ahead of Budget

2015-07-06 13:37:00| Daily apparel & textile news and comment - from just-style.com

Pressure is mounting on the UK government ahead of the Budget this week to incentivise businesses to pay the living wage, as a new report suggests doing so could lift 6m people out of poverty.

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Pressure of Samsung Galaxy S6 Mounts as Galaxy S5 Misses

2014-11-26 21:42:27| Semiconductors - Topix.net

A man reacts while trying out his new Samsung Galaxy S5 in Jakarta, April 11, 2014. Samsung Electronics Co Ltd estimated that its January-March operating profit fell by 4.3 percent to 8.4 trillion won as easing smartphone sales growth continued to weigh earnings down.

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Keystone, Northern Gateway pipeline pressure mounts oil bottleneck costs economy $50-million a day

2014-06-12 07:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Canadian Prime Minister Stephen Harpers government, which has failed to persuade President Barack Obama to approve TransCanada Corp.s Keystone XL, is turning up the heat on the U.S. administration. Finance Minister Joe Oliver, Natural Resources Minister Greg Rickford and Foreign Affairs Minister John Baird traveled to New York this week, arguing in media interviews and at an energy conference that Obama has unfairly entangled the $5.4 billion pipeline with U.S. politics. According to Oliver,...

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Price cut pressure mounts on UK energy firms as market costs plunge

2014-06-10 10:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Britain's big energy suppliers are coming under mounting pressure from consumer groups and politicians to cut household power and gas bills after a sharp drop in wholesale costs boosted the firms' profit margins. The country's "big six" energy providers, which supply 96 percent of UK households, also faced calls from industry regulator Ofgem on Tuesday to explain why consumer energy prices had not been cut to reflect the falling wholesale market. Around half of the average British household energy...

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