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Pressure mounts on UK to build gas storage as stocks dwindle

2013-03-25 09:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Political pressure in Britain is mounting to increase natural gas storage capacity as high winter energy demand has depleted storage levels and exposed the country's growing reliance on more risky imports. British gas prices shot to near record highs several times in March on the National Balancing Point (NBP), a virtual trading location, and storage levels are down 90 percent, threatening outages if imports cannot meet high demand. The potential perils of that position were in evidence last...

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Pressure mounts on Obama to decide Keystone XL's fate

2013-01-18 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: Battle lines are drawn and both sides claim Barack Obama's long-deferred decision on a massive pipeline project that would funnel Alberta's oil sands crude to U.S. refineries will show whether the President will pick energy security or bold action on climate change as his second-term legacy. The Harper government and the oil industry on both sides of the border champion the project, claiming it will create thousands of jobs and wean the United States off uncertain Middle Eastern oil. Environmentalists...

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Pressure mounts on China to tackle smog crisis

2013-01-14 14:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: China's closely controlled state media has today joined the chorus of calls for the government to take greater action to tackle air pollution, as record levels of smog continued to afflict Beijing and several other large cities. The Beijing Municipal Environmental Monitoring Centre confirmed yesterday levels of harmful PM2.5 had reached more than 600 micrograms per square metre in many areas, far in excess of the World Health Organisation's safe guideline limit of 25 micrograms. The US Embassy's...

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In the money: Pressure mounts on M&S as clothing sales fall

2013-01-10 18:34:00| Daily apparel & textile news and comment - from just-style.com

Marks & Spencer chief executive Mark Bolland has come up against increasing pressure after the retailer delivered worse-than-expected third-quarter results with general merchandise taking the majority of the hit.

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