Business In the Community Media Round Up, 3 June 2008
03/06/2008
 

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Food summit heads for biofuels clash
Financial Times, p.6

The US and Brazil strongly defended their biofuels policies, setting them on a collision course with developing nations and some European countries at the United Nations’ food crisis summit that starts on Tuesday in Rome.The meeting - hosted by the Food and Agriculture Organisation - will be attended by more than 60 heads of state and government, including Nicolas Sarkozy of France, and Mahmoud Ahmadi-Nejad of Iran.

 
 
Energy watchdog urges end to fuel subsidies
Financial Times, p.6

The developed countries’ energy watchdog on Monday derided fuel subsidies as an unsustainable economic burden that should be scrapped, adding pressure to governments, particularly in Asia, to change policies.

 
 
Seeds of change
Financial Times, p.13

Wanted: a rapid transformation of one of the most complex problems in the world's poorest continent, to take place in the middle of a food crisis.Thirty years after the first "green revolution" transformed agriculture in Asia and Latin America, as new seed varieties and copious fertiliser enabled farmers to break out of the subsistence trap, Africa is trying to follow suit.

 
 
How power from the people could cut CO2 emissions - with government help
The Guardian, p.9

British buildings equipped with solar panels, mini wind turbines and other renewable energy sources could generate as much electricity a year as five nuclear power stations, a government-backed industry report has shown.

 
 
Desperate times for airlines as oil price pushes losses towards $6bn
The Guardian, p.24

The airline industry will lose $6.1bn (£3.1bn) this year if the oil price remains at record levels, with carriers facing a worse crisis than after the terrorist attacks of September 11 2001, the International Air Transport Association has warned.

 
 
OFT raids bank offices as part of price-fixing inquiry
The Times, Business p.36

The Office of Fair Trading conducted a series of dawn raids at offices of Barclays and Royal Bank of Scotland (RBS) as part of an investigation into price-fixing on loans to lawyers and accountancy firms.

 
 
Future supply chains will need extensive collaboration
Greenbiz

Suppliers and retailers will need to take advantage of collaboration to develop sustainable supply chains, according to a report.

 
 

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