Archive for July 9th, 2008

EU finance ministers agree to publish weekly oil stocks data

Wednesday, July 9th, 2008

European Union (EU) finance ministers agreed on Tuesday to publish oil stocks data on weekly basis in an effort to improve market transparency in face of soaring oil prices. "We now have political agreement on improving transparency ...

EP adopts legislation to include aviation in ETS from 2012

Wednesday, July 9th, 2008

The European Parliament (EP) adopted on Tuesday a legislation on including aviation in the European Union's Emissions Trading System (ETS) from 2012. The EP passed the legislation with a vote of 640 in favor, 30 against and 20 abste ...

EU to step up regulation of credit rating agencies

Wednesday, July 9th, 2008

European Union (EU) finance ministers agreed on Tuesday to step up the regulation of credit rating agencies by requiring them to register in Europe. "There is an agreement on rating agencies," French Finance Minister Christine Lagar ...

EU requests information from member states on pollution levels

Wednesday, July 9th, 2008

The European Commission has written to 23 European Union (EU) member states to request information on actions they are taking to comply with the EU's air quality standard for dangerous airborne particles known as PM10. These coarse ...

EU endorses proposal to reduce standby electricity consumption

Wednesday, July 9th, 2008

European Union (EU) member states have endorsed the European Commission's proposal for a regulation reducing standby energy consumption by household and office products, the commission said Tuesday. The regulation lays down energy e ...

EC proposes urgent measures to help fisheries tackle fuel crisis

Wednesday, July 9th, 2008

The European Commission proposed on Tuesday a package of emergency measures to help struggling fisheries sector tackle fuel crisis. The European Union (EU)'s executive arm said the core of the proposal consisted of a regime of tempo ...

Clean tech gets more venture funding in U.S. companies

Wednesday, July 9th, 2008

More and more worldwide venture funding poures into clean technologies ith U.S. companies in California leading the way, according to the report released on Tuesday by the Clean tech Group, a San Francisco research and strategy firm. ...

U.S. stocks rebound as crude prices plunge

Wednesday, July 9th, 2008

U.S. stocks rebounded sharply Tuesday as crude prices dropped sharply for the second day with all the major indexes up more than 1 percent. Crude prices fell more than 5 U.S. dollars to 136.04 dollars a barrel on the New York Mercan ...