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Tag: plummeting
Plummeting sales batter Brazil auto industry
2015-06-14 12:58:07| Auto Dealers - Topix.net
Plummeting auto sales in Brazil have battered an industry that is a key part of the nation's economy and has led tens of thousands of workers to be laid off or forced to take mandatory leave. At least 6,000 workers in auto factories have been laid off since January, officials say, and another 20,000 have put on furlough.
Tags: auto
sales
industry
brazil
General Motors beats retreat out of Russia after plummeting sales
2015-03-18 19:47:50| Automakers - Topix.net
General Motors will slash production in Russia and pull its mass-market Opel brand completely in the face of plummeting sales in the economically troubled country. Mainstream GM brands have been among the biggest losers as Russia's auto market shrinks, with sales of Chevrolet down 74 percent year-on-year in February and those of Opel plunging 86 percent.
Tags: general
sales
russia
motors
Plummeting renewable costs present historic opportunity to build clean energy systems
2015-01-19 14:21:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The cost of generating power from renewable energy sources is plummeting and in many cases can now compete with fossil fuels, creating a historic opportunity to build sustainable energy systems and avert dangerous climate change, according to the International Renewable Energy Agency (IRENA). A report from the organisation concludes that biomass, hydropower, biothermal and onshore wind are all now competitive with or cheaper than coal, oil and gas-fired power stations, even without financial...
Tags: present
systems
costs
build
Plummeting oil: the impact on green investment
2015-01-16 06:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Citywire: The dramatic plunge in the oil price has sparked falls in the shares of green energy companies over recent months. With oil having tumbled around 56% since June last year, investors have been re-evaluating the credentials of those companies reliant on or producing energy from other sources. US electric car maker Tesla (TSLA.O) is perhaps the most celebrated of these stocks. Held at opposite ends of the investment credibility stakes by the Scottish Mortgage (SMT ) investment trust and our own...
Tags: green
impact
investment
oil
Do Plummeting Oil Prices Weaken Case for Keystone Pipeline?
2015-01-09 00:03:00| Climate Ark Climate Change & Global Warming Newsfeed
National Geographic: Back in September 2008, when a Canadian company first sought U.S. approval to build the Keystone XL pipeline, the United States was the world's third largest oil producer and crude oil prices hovered around $105 per barrel. At that time, Apple was selling the iPhone3, Britney Spears won an MTV award, and George W. Bush was president. Today, in Barack Obama's second term in the White House, Calgary-based TransCanada is still seeking the go-ahead for the northern leg of its controversial Canada-to-U.S....
Tags: case
prices
oil
pipeline