S.E.C. Sends Investors To The Children’s Table A vote by the Securities and Exchange Commission will prevent shareholders from nominating their own director candidates.... Read Full Article Sports Direct Chief To Soar Above Critics In His £20m Luxury Aircraft In the battle for supremacy in the heady world of corporate jet, Mike Ashley, the Sports Direct tycoon, has stolen bragging rights from Sir Philip Green, owner of Topshop and BHS, with a £20 mi... Read Full Article Complaint Against Airbus Parent The French financial market regulator filed a complaint against European Aeronautic, Defense & Space in connection with an inquiry into allegations of market abuses.... Read Full Article Credit Angst Wipes Off $47bn Investors lose more than $47 billion on the sharemarket in the biggest one-day fall since the September 11 terrorism attacks, as the ailing US subprime mortgage market continued to infect Australian s... Read Full Article Online Gambling And ISoft Stocks Haul Bolton Back Into Real World Even the most lauded of the stockpicking gods are tripped up occasionally up by absolute turkeys....... Read Full Article |
Biofuels Push To Make More Kiwis FlyNEW Zealand wants to halve its transport greenhouse gas emissions by 2040, and generate 90 per cent of the nations electricity supply from non-carbon renewable resources by 2025, Prime Minister Helen Clark said yesterday. Transport emissions will be cut by using biofuels, buying more diesel and hybrid vehicles, and being one of the first nations to widely use electric-powered vehicles, an energy strategy released by Miss Clark states. The move to low-carbon fuels means that by 2020, 25 per cent of liquid fuels used in transport will be from renewable sources, rising to 85 per cent by 2050. Currently, national transport mainly using petrol and diesel guzzles 44 per cent of New Zealands total energy consumption. Unless its energy policies change, greenhouse gas emissions are projected to rise by 39 per cent by 2030. The Government said it plans to have 80 per cent of the vehicle fleet capable of using 10 per cent biofuel blends or electric power by 2015. Its plan seeks electric vehicle sales to reach 60 per cent of market share by 2040. Hydrogen-powered vehicles will make up another 25 per cent of the vehicle fleet by 2050. Energy Minister David Parker said wind and geothermal generation were the keys to helping New Zealand switch future electricity production away from fossil fuels. Already 65 per cent of the nations electricity is from renewable resources, mainly hydro-electric plants, and he said there should be no need to build more fossil fuel generation for at least a decade. AP Tag CloudExternal InformationAdditional InformationRio’s Carnival mood sours after surge in violence...News Analysis: Economy and Geopolitics Decide Where Oil Goes Next... A First Lady’s No-Show Is Seen as a No-No... Stanstead Journal: Quebec and Vermont Towns Bond Over a Sleepy Border... Where Am I?News Main Page - Business - Biofuels Push To Make More Kiwis Fly |
i8news.com |