Energy Update
On Aug. 17, the U.S. Energy Information Administration daily update announced that CO2 emissions from natural gas would soon surpass coal. That’s troubling.
TORONTO, Sept 13 (Reuters) - Canada's main stock index fell
more than 1 percent on Tuesday as slumping oil prices weighed on
energy shares and heavyweight banking and mining stocks also
lost ground.
The U.S. just completed its first offshore wind farm, with 30 megawatts of capacity off the coast of Rhode Island, and has laid out a plan to reach 86,000 megawatts by 2050, almost enough to power the U.K.
MOSCOW, Sept 13 (Reuters) - Russia's Economy Ministry has
submitted to the government its proposals on the privatisation
of a stake in the nation's largest oil producer Rosneft
, Interfax news agency cited a ministry official as
saying on Tuesday.
Sept 13 (Reuters) - Activist investor Carl Icahn, the
third-largest shareholder in Freeport McMoran Inc, said
on Tuesday he endorsed the U.S. miner's efforts to reduce debt
and explore strategic alternatives.
PARIS, Sept 13 (Reuters) - Alstom will go ahead with plans
to shut down manufacturing at its Belfort plant in eastern
France, its CEO told staff on Tuesday, setting up a
confrontation with the French government which vowed "everything
will be done" to prevent that.
* For other news from Reuters Russia Investment Summit,
click on http://www.reuters.com/summit/russia16
PARIS, Sept 13 (Reuters) - Alstom Chief Executive Henri
Poupart-Lafarge said on Tuesday that cutting jobs at the train
engineering firm's Belfort plant in eastern France would help
ensure the survival of the business.
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