Energy Update
The UK government has set a target of becoming carbon neutral by 2050, and it has established various goals to meet that objective, including generating more power using renewable sources. However, despite its successes in adding more renewable electricity generation, the country has a long way to go to becoming carbon neutral in the next 35 years.
LONDON, April 14 (Reuters) - BP's shareholders have
voted against Chief Executive Bob Dudley's $20 million pay deal
for 2015, a rare investor revolt for such a major company, after
it recorded a record annual loss.
A new report spotlighting suspicious sales by BYD shows that last year’s EV explosion in China was fueled by people seeking to pocket government subsidies, while Yingli looks set to receive a government bailout from Beijing.
LONDON/MILAN, April 14 (Reuters) - European shares inched
higher on Thursday at the end of a choppy day, with food company
Nestle gaining after an encouraging earnings update and
Ferrovial leading the advance on a broker's upgrade.
OXFORD, England, April 14 (Thomson Reuters Foundation) -
M eeting the goals of a new global agreement to tackle climate
change will require social change on an almost unprecedented
scale, sustainable investment experts said on Thursday.
Enel Green Power SpA, the renewable energy unit of Italy’s biggest utility, is rolling out a version of Tesla Motors Inc.’s home-power kit to help South African retail customers buffer against rising electricity prices and grid outages.
April 14 (Reuters) - Troubles in the U.S. oil industry
amplified profit pressures on Wells Fargo & Co and Bank
of America Corp on Thursday as rising bad loans added to
a tough climate for trading bonds and currencies, along with
persistently low interest rates.
Mexico's proven hydrocarbon reserves fell to 10.24 billion boe in January, a drop of 22.2% from the 13.17 billion boe of a year earlier, the National Hydrocarbons Commission announced.
Scotland-based power and environmental consultant Aquatera Ltd. Has entered into a partnership with the Nagasaki Marine Industry Cluster Promotion Association in an effort to help Japan bolster its marine energy sector through international collaboration.
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