Why carbon pricing will help to secure Alberta’s economic future

A credible climate policy will help ease the opposition to pipelines and force energy companies to invest in innovative ways to reduce costly greenhouse gas emissions

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Lanxess and Saudi Aramco create synthetic rubber joint venture

Specialty chemicals company Lanxess and Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, today signed an agreement to establish a synthetic rubber joint venture. Lanxess and Aramco Overseas Company, a subsidiary of Saudi Aramco, will each hold a 50 per cent stake in the €2.75 billion venture, with Saudi Aramco paying approximately €1.2 billion in cash for its 50 per cent share after deducting debt and other financial liabilities.

Read the source article at Tyrepress

Environment: Driving Sustainability

(Photo: Shutterstock)

Tire manufacturers talk about what it means to be green, now and in the future.

The question of sustainability is inextricably linked to tires and their impact on the environment. As an industry we’re concerned with what raw materials go into the making of new tires, how much tires can boost the fuel economy of vehicles on the road today, as well as what happens to these tires once they’ve reached the end of their lifecycle.

Read the source article at Autosphere.ca

1917 Detroit Electric Vs 2014 BMW i3: A Century Of Electric Cars

What a difference a century makes, more or less. The 1917 Detroit Electric Model 68 in these photos was painstakingly restored over a period of years by owner Donald Davidson, who is only the car's third owner in 98 years. It's shown with Electric Auto Association board member Chris Neff's 2014 BMW i3 REx, which may be able to out-accelerate the…

Read the source article at Hybrid and Electric Car News and Reviews

At midday: Wall Street slumps as Fed fuels global growth concerns

Wall Street fell sharply on Friday after the Federal Reserve’s decision to keep interest rates near zero fueled concerns about global growth, muddying the outlook for stocks. The TSX was also firmly in negative territory. Apart from the state of the world economy, the Fed cited financial market volatility and sluggish inflation at home in its decision on Thursday, while leaving the door open for a modest policy tightening later this year.

Read the source article at Home – The Globe and Mail