Search Results for: Climate change

BY RUSSELL BERMAN

WITH the auto industry in the United States and Europe in the midst of an unprecedented downturn, the international paints and coatings sector has taken a deep hit as well and has been forced to turn to painful strategies in the hopes of riding out the recession.…

BY RAGHAVENDRA VERMA

INDIA’S cosmetics industry appears to have taken the international economic downturn in its stride as the US$950 million market grew by more than 15% in 2008-09, according to the Confederation of Indian Industries (CII).

All the major brands speaking to Soap Perfumery & Cosmetics are registering a positive growth and companies remain confident about the future prospects.…

BY LEE ADENDORFF

IF there was a year when long-term textile and clothing market forecasters missed by a mile, 2008 was it. Forecasts made in 2007 were dominated by looming concerns about trade restrictions, investment in technology, a potential slow-down of production and a consolidation of business investment but no one predicted what devastating effects an unexpected recession would have on the textiles and apparel sector.…

BY JAMES FULLER

WHILE the global recession is hitting profits in the oil and gas sector worldwide, the Caribbean’s key producer Trinidad & Tobago remains bullish about the industry bringing it long term financial and economic stability. Indeed, the twin-island country’s minister of energy and energy industries Conrad Enill said this month that both a fifth liquefied natural gas (LNG) train and a new oil refinery are projects which are still firmly on the table for the Caribbean energy powerhouse.…

BY PHILIPPA JONES

BUILDINGS account globally for 8% of greenhouse gas (GHG) emissions, or 20% if upstream emissions associated with electricity and heat are included, according to the climate change report written by UK government adviser and economist Nicholas Stern. The European Union (EU), national governments, and local authorities have all adopted targets aimed at incorporating renewables into the planning process and reducing these figures.…

BY PAUL COCHRANE

VEHICLE sales in the United Arab Emirates (UAE) plunged by up to 45% in the first two months of the year compared to 2008, according to Ford, a remarkable change in fortunes from the years of double-digit growth when the US$3.6 billion sector was one of the fastest growing in the world.…

By Keith Nuthall

One of America’s richest higher education institutions – Duke University – has unveiled a business plan to help it deal with the global recession, which will see demand for student support clashing with declining revenues.

Its president Richard H.…

BY KEITH NUTHALL

EUROPEAN Union (EU) ministers are pushing for more flexibility over plans to insist that existing large combustion plants (including power plants) follow current Best Available Techniques (BAT) on pollution by 2016. The move would come in planned reforms to the EU’s integrated pollution control and prevention directive (also known as the industrial emissions directive).…

By Alan Osborn

If the European Union (EU) wants to become the world leader in information and communication technologies (ICT), as it frequently asserts, it should not expect to do it for nothing. As a start, the 27 EU member states should at least double their investment in ICT – both public and private – over the next 10 years, says the European Commission, the EU’s executive, in launching a new ICT Research and Innovation Strategy.…

BY ANDREW CAVE

GREEN is the colour for many future oil and gas industry jobs, according to a recent study predicting that environment-friendly energy will not only tackle the world’s energy crisis but also create millions of new jobs worldwide.

Green Jobs, published by the Worldwatch Institute, a Washington DC-based research organisation, says the renewable sector and its supplier industries already employ at least 2.3 million people worldwide, including about 300,000 workers in the wind power industry, 170,000 in solar photovoltaics and 600,000 in the solar thermal industry alone.…