European countries have been hit hard by the Greek Contagion and are trying to outdo each other in reducing their fiscal deficits.Renewable Energy which is looked upon as good but not as an essential need is facing harsh cuts.Spain is on its way to radically cut Green Energy subsidies as part of broader economic reforms.Note […]
The Oil Industry which had gone on the defensive with questions being raised about their commitment towards environment and society has learned nothing from the BP Oil Spill.This disaster had brought the lies,deception and corruption of Oil Giant BP in plain sight of everyone.However the strong civil society backlash has failed to reform the Oil […]
Fossil Fuels form the main Energy source for humanity due to their abundance,general ease of extraction and high energy density.However the Environmental costs and the Loss of Lives behind their production is generally hidden from the public.The external costs of fossil fuels like Oil and Coal are very high and not explicitly paid by customers […]
Andarko Petroleum is a 25% owner of the the Deephorizon Oil Rig which exploded recently leading to a huge ecological and economic disaster in the US Gulf region.British Petroleum(BP) the primary owner of the Oil Rig is facing a life and death situation as it has already agreed to provide $20 billion in damages.BP’s reputation […]
Initial Public Offerings (IPOs) are being deferred and canceled as market volatility increases due to the Greek Contagion.Green IPOs have been no exception with IPOs of even high profile billion dollar IPOs from wind and solar companies in Europe,USA and Hong Kong getting canceled in the last couple of months.The main reasons for these tough […]
Toshiba aims to Double Nuclear Exports in next 5 years Toshiba the No.2 players in the Nuclear Equipment markets is planning a major investment to double its sales of nuclear reactors to overseas markets.Areva,Toshiba-Westinghouse and GE-Hitachi are the Three Major Companies in the Global Nuclear Energy Equipment Market.GE-Hitachi is trailing in marketshare due to a […]