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Norway ditches 'moon landing' carbon capture project

2013-09-23 04:36:06| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Norway has abandoned plans to build a full-scale carbon capture and storage (CCS) plant at the Mongstad refinery, curtailing a $1bn project known as the country's "moon landing". The Ministry of Petroleum and Energy confirmed late last week the plans would be halted and the government will instead look to develop "at least one full-scale CCS project ... by 2020" in another location. However, government funding for the CCS test centre at Mongstad will be increased by 400 million kroner (42m) over...

Tags: project moon capture norway

 

Stocks in the News: UPS Ditches Spouses From Insurance in Wake of Obamacare

2013-08-23 07:01:06| Trucking - Topix.net

United Parcel Service Inc., and the headline says: UPS to drop 15,000 spouses from insurance, cites Obamacare - Atlanta Business Chronicle In direct contrast to government claims that Obamacare will make health insurance more affordable to individuals and employers, UPS is planning to drop 15,000 spouses from healthcare coverage in 2014 due to ... (more)

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Stocks in the News: UPS Ditches Spouses From Insurance in Wake of Obamacare

2013-08-22 15:39:26| Air Courier - Topix.net

United Parcel Service Inc., and the headline says: UPS to drop 15,000 spouses from insurance, cites Obamacare - Atlanta Business Chronicle In direct contrast to government claims that Obamacare will make health insurance more affordable to individuals and employers, UPS is planning to drop 15,000 spouses from healthcare coverage in 2014 due to ... (more)

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The world has failed us: Ecuador ditches plan to save Amazon from oil drilling

2013-08-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: A ground-breaking scheme that would have preserved swathes of Ecuadors Amazon Rainforest has been abandoned after raising just $13m (8.3m) of the $3.6bn it needed to operate. In a development that human rights and environmental campaigners described as a huge missed opportunity, President Rafael Correa has lifted a moratorium on drilling for oil in the remote Yasuni national park, which he had imposed in return for $3.6bn of compensation payments from wealthy governments. However, three...

Tags: world save plan amazon

 

Zynga beats expectations but ditches real-money gambling license

2013-07-25 22:51:47| CNET News.com

The struggling gaming company, with revenue down 31 percent from last year, beats Wall Street's expectations, but says it will no longer pursue a gambling licence in the U.S. [Read more]    

Tags: license expectations gambling beats

 

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