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Browsing Month »January, 2012«

→  January 30, 2012

London, 28 January 2012 Thomson Reuters Point Carbon analysts have slashed their price forecasts for EU Allowances and U.N.-backed offsets for the second time in two months to reflect swelling supplies and the demand destruction caused by the euro zone debt crisis. In a report published late Thursday, the Oslo-based analysts forecast EUAs will average […]

→  January 30, 2012

FARGO, N.D. — Power generated in North Dakota is going to be used to offset some of the electricity used in Indianapolis on Super Bowl Sunday. The Fargo Forum reports that renewable energy credits from power generated from wind farms near Langdon and north of Valley City will offset 15,000 megawatt hours of electricity associated […]

PM Heads To Brussels Amid EU Isolation Fears →  January 30, 2012

Britain’s Prime Minister will join EU leaders in Brussels today, seven weeks after he refused to sign up to a treaty designed to shore up the eurozone. The UK became the only country to walk away from the so-called fiscal compact, after David Cameron was rebuffed when he sought protections for Britain’s financial services industry. […]

RBS Boss Bows To Pressure And Waives Bonus →  January 30, 2012

The Royal Bank of Scotland has announced that its chief executive Stephen Hester has decided to waive his £1m share bonus. It comes just hours after the Labour Party said it would force a House of Commons vote calling for Mr Hester to be stripped of his RBS bonus. Mr Hester had been facing mounting […]