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EU claims victory in airline emissions wrangle

A new global aviation deal will weaken the hand of US airlines to resist inclusion in Europe’s emissions trading system, the European Union’s transport chief has said. “The ETS is valid, and [the Americans] will come under it like everyone else,” said Siim Kallas, the EU transport commissioner, claiming a diplomatic victory in a long-running dispute between the EU and US over how to curb airline greenhouse gas emissions.

Government should invest in large projects to stimulate private sector spending, BCC says

The British Chamber of Commerce (BCC) said the Treasury's Comprehensive Spending Review (CSR) is likely to affect the private sector's ability to create wealth and jobs by reducing public sector demand. To limit this effect, the BCC said the Government should invest heavily in projects such as Crossrail in London and the Forth Replacement Bridge in Scotland to stimulate private sector spending. Other ideas include investing in the digital network in rural areas.

Monday, 11 October 2010

Cogitamus

BBC News

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Financial Times

  • EU claims victory in airline emissions wrangle A new global aviation deal will weaken the hand of US airlines to resist inclusion in Europe’s emissions trading system, the European Union’s transport chief has said. “The ETS is valid, and [the Americans] will come under it like everyone else,” said Siim Kallas, the EU transport commissioner, claiming a diplomatic victory in a long-running dispute between the EU and US over how to curb airline greenhouse gas emissions.
  • Air Partner wins UK government contractA deal to be the sole provider of flights for the Department for International Development for the next four years could boost the aircraft charter broker, which has been hit by the downturn
  • QR National looks to raise A$5bn in IPOQR National, Australia's biggest rail freight operator, hopes to raise as much as A$5bn in an initial public offering that could give it a market value of between A$6.1bn and A$7.3bn

The Guardian

The Scotsman

The Telegraph

  • Government should invest in large projects to stimulate private sector spending, BCC says The British Chamber of Commerce (BCC) said the Treasury's Comprehensive Spending Review (CSR) is likely to affect the private sector's ability to create wealth and jobs by reducing public sector demand. To limit this effect, the BCC said the Government should invest heavily in projects such as Crossrail in London and the Forth Replacement Bridge in Scotland to stimulate private sector spending. Other ideas include investing in the digital network in rural areas.

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