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IMF fears trade war and weak Europe could trigger sharp global slowdown

45 mins ago DieselGasoil Comments Off on IMF fears trade war and weak Europe could trigger sharp global slowdown
DAVOS, Switzerland (Reuters) – The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020 due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy. In its second downgrade in three months, the global lender also cited Read More

‘World economic expansion losing momentum’: IMF cuts global growth forecasts

45 mins ago DieselGasoil Comments Off on ‘World economic expansion losing momentum’: IMF cuts global growth forecasts
Risk of a sharper decline in global growth has increased, according to the International Monetary Fund (IMF), which urged the United States and China to resolve their trade war. In a report published on Monday, the fund projected a 3.5 percent growth rate worldwide for 2019 and 3.6 percent growth for 2020. Those are 0.2 Read More

IMF cuts global growth outlook, cites trade war and weak Europe

3 hours ago DieselGasoil Comments Off on IMF cuts global growth outlook, cites trade war and weak Europe
DAVOS, Switzerland (Reuters) – The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilize a slowing global economy. Swiss special police officer keeps watch from a rooftop, ahead of inauguration Read More

China vows no leeway for underperformers in war on pollution

11 hours ago DieselGasoil Comments Off on China vows no leeway for underperformers in war on pollution
BEIJING/SHANGHAI (Reuters) – China will order detailed punishment measures for officials in regions that miss air quality targets this winter, refusing to accept unfavorable weather or mounting economic pressure as excuses, an environment ministry official said on Monday. A woman wearing a face mask rides a bicycle on a bridge in front of the financial Read More

Toyota, Panasonic to set up EV battery JV in 2020: source

1 day ago DieselGasoil Comments Off on Toyota, Panasonic to set up EV battery JV in 2020: source
TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Panasonic Corp (6752.T) are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said. Toyota Motor Corp President Akio Toyoda (L) and Panasonic Corp President Kazuhiro Tsuga Read More

Bangkok pollution 'at crisis level' as planes trigger rain

3 days ago DieselGasoil Comments Off on Bangkok pollution 'at crisis level' as planes trigger rain
Doctors in Thailand are warning Bangkok could face a pollution Health crisis if it does not address its smog problem. On several occasions this week hazardous dust particles known as PM 2.5 reached unsafe levels in 30 of the city’s 50 districts. The government has been using water cannon to try to clear the dust, Read More

City of Fort Lauderdale Selects Envision Solar’s EV ARC™ Product for Fleet Services

4 days ago DieselGasoil Comments Off on City of Fort Lauderdale Selects Envision Solar’s EV ARC™ Product for Fleet Services
SAN DIEGO, Jan. 17, 2019 (GLOBE NEWSWIRE) — Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading producer of unique and sustainable infrastructure products for electric vehicle charging, energy security and outdoor media, announced the City of Fort Lauderdale has selected the Company’s EV ARC™ product to provide emission-free EV charging Read More

VW says cars compliant with India emission norms but will deposit penalty

4 days ago DieselGasoil Comments Off on VW says cars compliant with India emission norms but will deposit penalty
FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo NEW DELHI (Reuters) – German carmaker Volkswagen AG (VOWG_p.DE) said on Thursday that its cars are compliant with India’s emission norms but it will still deposit a Read More

'Not the greatest crisis': Trump's EPA pick downplays climate threat

5 days ago DieselGasoil Comments Off on 'Not the greatest crisis': Trump's EPA pick downplays climate threat
WASHINGTON (Reuters) – U.S. President Donald Trump’s new pick to run the Environmental Protection Agency told lawmakers on Wednesday he does not believe climate change is a major crisis, and would continue to undo Obama-era emission limits if confirmed. Trump nominated EPA Acting Administrator Andrew Wheeler last week to run the agency permanently, seeking a Read More

Value of global CO2 markets hit record 144 billion euros in 2018: report

5 days ago DieselGasoil Comments Off on Value of global CO2 markets hit record 144 billion euros in 2018: report
LONDON (Reuters) – The value of traded global markets for carbon dioxide (CO2) allowances soared 250 percent last year to a record high of 144 billion euros ($164 billion), analysts at Refinitiv said on Wednesday. FILE PHOTO: Smoke and steam billow from Belchatow Power Station, Europe’s largest coal-fired power plant operated by PGE Group, at Read More