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China carbon offset prices diverge on regional bans

2015-02-03 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The lack of a unified regulatory system for China's fledgling carbon offset market has led to wild variations in prices in different regions, causing uncertainty among both buyers and project developers, traders said. China's national carbon offset registry was launched earlier last month, allowing offsets - known as Chinese Certified Emissions Reductions (CCERs) - to be transferred between buyers and sellers on the country's seven pilot emissions trading schemes. The move was considered an...

Tags: china prices regional offset

 

U.S. Stocks Fluctuate as UPS Results Offset ECB Stimulus Plan

2015-01-24 15:00:53| Paper - Topix.net

U.S. stocks fluctuated, after a four-day rally, as weaker-than-forecast results at companies from United Parcel Service Inc. to Kimberly-Clark Corp. offset confidence that central banks will support global growth. UPS slumped 9.6 percent as it said preliminary 2014 earnings were lower than previously forecast, after an over- expanded program to handle a deluge of holiday shipments left its network underutilized on some other days.

Tags: results plan ups offset

 
 

Primark's strong Christmas helps to offset ABF's sugar troubles

2015-01-20 08:32:36| Sugar Industry News

LONDON (Reuters) - Robust Christmas trading at Primark, the discount fashion chain owned by Associated British Foods (ABF.L), helped to make up for falls in revenue at the group's sugar business in the first quarter, which will weigh on full-year earnings.

Tags: strong christmas helps offset

 

Ecolab solar garden to offset energy use in Minnesota

2015-01-13 15:49:33| Chemicals - Topix.net

St. Paul-based Ecolab Inc. has commissioned a new community solar garden project that it says will offset 100 percent of its energy usage from all its company operations in Minnesota. The project will be built by SunEdison Inc. and will deliver solar energy into Minnesota's local power grid.

Tags: garden energy minnesota offset

 

Telstra can't offset mining, energy slump

2015-01-13 08:44:04| Telecom - Topix.net

Telecommunications was the best-performing sector, up 1.1 per cent, as Telstra Corporation lifted 1.2 per cent to a $6.11. Photo: Craig Sillitoe An acceleration in the slump in global oil markets dragged Australia's sharemarket down on Tuesday as investors switched to "risk-off" assets, pushing up the value of gold and government bonds.

Tags: energy offset mining slump

 

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