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Green Business News Headlines

China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

Kenya wind power project to start by April: official

NAIROBI Construction of a 310 megawatt (MW) wind power project in Kenya is expected to start in April after its financiers complete due diligence on the project, a senior company official said on Thursday.

Group says Chesapeake Bay cleanup plan will boost jobs

PORTSMOUTH, Va Mandatory pollution limits will create rather than kill jobs in the Chesapeake Bay region, according to a new study by an environmental group working to restore and protect the nation's largest estuary.

Vestas chairman sidesteps CEO confidence question

COPENHAGEN The chairman of wind turbine maker Vestas sidestepped questions about the future of its chief executive on Wednesday after the company's second profit warning in three months and ahead of a reorganization plan due to be revealed next week.

Ascent Solar says China's TFG Radiant doubles stake

Ascent Solar Technologies Inc said it will sell an additional 21 percent stake to TFG Radiant Group, in a move that will double the Chinese group's ownership in the U.S. photovoltaic cell maker to 41 percent.

China airlines won't pay EU carbon tax: industry body

HONG KONG/SINGAPORE China's airlines will refuse to pay any charges under the European Union's new carbon trading scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers.

China airlines will not pay EU emissions tax: industry body

HONG KONG The China Air Transport Association, which represents the country's four major airlines including flag-carrier Air China Ltd, said on Wednesday that Chinese airlines would not pay any charges under the European Union's Emissions Trading Scheme (ETS).

Vestas to review U.S. operations if PTC expires: CEO

COPENHAGEN Danish wind turbine maker Vestas will review its manufacturing in the United States in the fourth quarter if the U.S. production tax credit (PTC) is not extended, the group's chief executive said on Wednesday.

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Denying feud over Russia hacking, Trump vows support to CIA

LANGLEY, Va./WASHINGTON U.S. President Donald Trump tried to ease tensions with the CIA on Saturday, telling officers he had their back after he had leveled unprecedented criticism against spy agencies for their investigation into Russian hacking during the election. | Video