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Germany's Biggest Electricity Producer Said to Drop 2 Coal-Fired Power Contracts
2013-12-24 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: RWE AG (RWE), Germanys biggest electricity producer, plans to drop at least two long-term contracts to buy wholesale power because of sagging energy demand, two people familiar with the matter said. RWE wont extend agreements with generator and trader STEAG GmbH for several hundred megawatts of hard coal-fired power that expire in the next two years, one of the people said. RWE also isnt renewing contracts with other operators of two smaller hard-coal plants, the other person said without being...
Tags: power
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Australia Sets Higher Capital Buffer for Four Biggest Banks
2013-12-23 10:03:07| Automakers - Topix.net
Australia's four largest banks will need to carry an extra 1 percent of core tier 1 capital from Jan. 1, 2016, due to their systemically important status, according to the country's banking regulator.
Tags: australia
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Expected to be China's biggest, Guangdong carbon mkt begins briskly
2013-12-22 00:21:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The first day's trading in what will be by far the largest carbon market in China kicked off briskly on Thursday with pricing in line with expectations, as Beijing continues its drive to slow its rapid growth of heat-trapping emissions. Volumes in Guangdong's carbon permit market, expected to be the world's second largest in terms of carbon dioxide covered, in early trade surpassed full-day totals during the launches of the country's three other carbon exchanges. China, the world's biggest...
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Norway's Biggest Oil Find in Decades Shrunk as Start Delayed
2013-12-21 03:11:40| Appliances - Topix.net
Statoil ASA lowered the resource estimate for the Johan Sverdrup oil discovery and delayed the start of production by about a year in a setback for the biggest find off Norway in decades.
Target and The 10 Biggest Hacks of 2013
2013-12-19 23:33:59| PC Magazine Security Product Guide
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