Chinese steel companies are definitely – to coin a pun – suffering the Hebei Jeebies. As the Business Spectator’s China correspondent comments: “Beijing’s tough new stance on the environment and the ever-vocal popular demand for cleaner air will have more and more impact on industries like steel and coal. For shareholders in BHP and Rio Tinto, this is an area that you need to pay more and more attention to.”
Calling President Aquino the “Plunderer-President,” protesters said the Mining Act and the government’s continued liberalization of mining adds more reason for his ouster. Among the targets of protesters’ ire is Glencore Xstrata.
White Rose Coal Power plant with Carbon Capture and Storage dubbed “White Elephant” as similar US scheme collapses – joint press release from LMN, Biofuelwatch and Corporate Watch.
Weeks before the European Parliament votes on a law to address the trade in conflict minerals, its International Trade Committee has just published a report that threatens to undermine attempts to clean up the trade.
The joint statement, first released in October 2014, has continued to gain support among European and other bishops, especially now ahead of crucial votes at the European Parliament. On 23-24 February the European Parliament Committee on International Trade (INTA) will hold an exchange of views on its draft report on responsible mineral sourcing, and other important votes will follow soon.
