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UMTRI: Average new-vehicle fuel economy in US in May up 0.3 mpg from April

2015-06-04 11:55:41| Green Car Congress

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Fed says economy returned to growth

2015-06-03 21:37:43| BBC News | Business | UK Edition

The US Federal Reserve says the economy expanded between April and May in its latest assessment of the economy, rebounding from a contraction in the first quarter.

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Drought saps $2.7 billion from California economy, report says

2015-06-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: The drought is on track to dry up $2.7 billion in revenue and erase more than 18,600 jobs from the California economy this year, according to a preliminary report. But that blow has been hard to detect because the agriculture sector is just 2% of the overall state economy and because farm employment has grown steadily in the last decade, a panel of experts told the state Board of Food and Agriculture. Despite the drought, in fact, statewide agricultural employment grew by 3,100 jobs last year,...

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'Radical transition' of economy needed to curb climate change: Study

2015-06-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Harmful impacts of global warming such as heat waves and sea level rise are mounting and show a need for a "radical transition" to a greener economy, a study presented at U.N. climate talks said on Tuesday. Damage is growing even though average temperatures have risen only 0.85 degree Celsius (1.5 Fahrenheit) above pre-industrial times, less than half the 2C set as a maximum acceptable rise by almost 200 nations, it said. "Negative impacts are not only something in the future they are something...

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Australia's economy beats forecasts

2015-06-03 03:46:30| BBC News | Business | UK Edition

Australia's economy grew at a better-than-expected 0.9% in the first quarter of 2015, compared to the previous quarter.

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