Australia’s new mining tax could lead to higher prices for iron ore
June 9, 2010Leave a Comment
June 7, 2010– The Australian government has announced plans to implement a 40% “resource super profits tax” on that country’s mining and petroleum starting in 2012. This draconian tax not only has serious implications for miners in Australia, but also for iron ore prices generally, in our view. First, some background: Australia’s mining sector is [...]
Mitsui to ramp up iron ore production to meet strong demands
June 9, 2010Leave a Comment
July 7, 2010– Mitsui & Co., Japan’s second-largest trading company, announced that it “may increase iron ore production from its own mines by as much as 49% by 2015 as demand from China will remain brisk,” according to a Bloomberg report. Mitsui is the world’s fourth-largest iron ore supplier by volume and plans to produce [...]
Europe running out of plastic bottles for recycling
June 9, 20101 Comment
Maybe not permanently, but the European Plastic Recyclers Association (EuPR) recently said that the “PET bottles supply for European recycling is too tight” and that “this situation is getting critical for some recycling operations as their input material is getting scarce.”
The shortage of PET plastics is being caused by numerous factors, including exchange rates, a [...]
Abengoa Solar Begins Commercial Operation of Solnova 3
June 2, 2010Leave a Comment
Solnova 3 passed the operation and production tests conducted over a three-day period. This plant brings Abengoa Solar to a total of 143 megawatts operating commercially.
Seville, May 24, 2010.- Abengoa Solar began commercial operation of Solnova 3, a new parabolic trough technology plant located at the Solúcar Complex, Seville (Spain), following the successful [...]
Study Shows Significant Improvement of School Results with Philips Dynamic Lighting Classroom System
May 28, 20101 Comment
Eindhoven, Netherlands March 2009 – Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced that a new study shows that attention span, concentration and behavior of pupils at school significantly improves through the use of dedicated classroom light settings. This lighting system provides teachers and schools with a new tool to improve classroom performance and [...]
Improving Africa’s Access to Solar Lighting And Quality Health Care
May 27, 2010Leave a Comment
Philips teams up with Dutch soccer legend Ruud Gullit and Right To Play Foundation to bring meaningful life- improving solutions to Africa
Amsterdam, the Netherlands/ Cairo, Egypt – Royal Philips Electronics (NYSE: PHG, AEX: PHI) announces the Cairo to Cape Town Tour: from late May to July 20, 2010 Philips will travel across [...]
GEF Donors Announce $4.25 Billion Replenishment
May 21, 2010Leave a Comment
May 12, 2010 – The Global Environment Facility (GEF) has finalized its Fifth Replenishment negotiations, with over 30 countries pledging US$4.25 billion to fund projects with global [...]
Norway Pledges $1 Billion for Indonesia Climate
May 21, 2010Leave a Comment
May 17, 2010 – Norway plans to grant Indonesia $1 billion to help reduce forest degradation in the Southeast Asian country, Agus Purnomo, head of the secretariat of Indonesia’s National Climate [...]
UNEP, WorldBank Produces Guidebook on Forest Carbon Projects
May 21, 2010Leave a Comment
May 2010 – The UN Environment Programme (UNEP), the World Bank’s Carbon Finance Unit and others have published a guidebook titled “Bringing Forest Carbon Projects to the [...]
