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El Nino curbs Australian cyclone threat to iron ore, coal miners

2015-10-12 03:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Australian exports of commodities such as iron ore and coal face a less-than-average chance of being disrupted by cyclones in the upcoming cyclone season due to the El Nino weather pattern. That would mark a rare beneficial effect from El Nino, which often brings drought to some regions while prompting flooding in others. In Western Australia state, where past cyclones have brought some of the world's biggest mines and shipping terminals to a standstill, there's a 75-percent chance of fewer cyclones...

Tags: iron australian ore threat

 

Taiwan eases curbs on its firms making semiconductors in mainland China

2015-09-08 13:46:24| Semiconductors - Topix.net

Competition sparks change, which previously saw Taiwan restrict manufacturing activities of its prized semiconductor sector on mainland to protect intellectual property and trade secrets Taiwan has relaxed curbs on its companies setting up semiconductor manufacturing plants in mainland China, in a bid to enable them to better compete for mainland clients. The island's economics ministry said it would allow a maximum of three wholly-owned 12-inch wafer foundries to be set up on the mainland by Taiwanese companies, easing previous rules that limited such investments to mostly older technology and to joint ventures.

Tags: making china taiwan firms

 
 

Australian Government Curbs Investments in Wind and Solar Energy

2015-07-13 19:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: The Australian Clean Energy Finance Corporation (CEFC), a government-funded organization that invests in renewable energy, will no longer invest in wind technology and small-scale solar projects, the government announced Sunday. Australian Prime Minister Tony Abbott said that the CEFC should invest in new and emerging technologies, and that wind and small-scale solar projects should instead be supported by the free market. Currently, one-third of CEFC funding, which totals roughly $10 billion, goes...

Tags: government energy wind australian

 

Labour to back child tax credit curbs

2015-07-12 18:32:07| BBC News | Business | UK Edition

Labour will back plans to limit future tax credit claims to two children, Harriet Harman tells the BBC, saying it can't indulge in "blanket opposition" to welfare curbs.

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United Kingdom: 'Greatest university' curbs fossil fuel investment in endowment

2015-05-19 18:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Oxford University said it would curb some of the most polluting fossil fuel-related investments in its 1.7 billion-pound ($3.3 billion) endowment, making it the most prominent institution to join the growing campaign for divestment from the industry. The university's governing board said it will avoid direct investments in coal and oil sands companies, of which it currently has none, and that it will also steer clear of sectors with high social and environmental risks, according to a statement released...

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