Top Stories

Climate change not priority for Indian firms: study

MUMBAI (Reuters) - Most firms in India, one of the world's worst polluters, are yet to plan for the impact of climate change on their businesses, do not measure emissions or have deadlines to curb them, a study said on Thursday.

>> Read the Full Article

EU and ASEAN call on Myanmar to free detainees

SINGAPORE (Reuters) - The European Union and Southeast Asian leaders called on Thursday for enhanced economic cooperation and the release of political detainees in military-ruled Myanmar, but set no timetables.

>> Read the Full Article

Oddball white dwarfs embody new category of star

WASHINGTON (Reuters) - Eight unusual examples of a burned-out celestial object known as a white dwarf detected in our Milky Way galaxy represent a previously unknown category of stars, astronomers said on Wednesday.

White dwarfs mark the end point in stellar evolution for all but the most massive of stars in the universe, with about 97 percent of stars, including our sun, destined to finish their existence this way, according to astronomers.

>> Read the Full Article

Global system expected to slash cyclone deaths

GENEVA (Reuters) - A new global earth observation system being constructed will help reduce deaths in cyclones like one which just ravaged Bangladesh, a scientist at the heart of the program said on Wednesday.

Cyclone Sidr, which struck a week ago, killed around 3,500 people, but the casualties were far fewer than in 1991 when about 143,000 people died or in 1970 when the death toll was some 300,000 in similar disasters.

>> Read the Full Article

Russia may ban river oil shipments after spill

ST PETERSBURG, Russia (Reuters) - Russia will limit oil products shipments by river in 2008 after a fuel oil spill from a river barge in the Kerch Strait this month caused damage estimated at $267 million, officials said on Wednesday.

>> Read the Full Article

Spain hydroelectric reserves cut in half

Hydroelectric reservoir levels fell to 49.4 percent from 50.3 percent of capacity a week earlier. As little as four months ago, Spain's hydro reservoirs were more than 80 percent full.

>> Read the Full Article

Germany plans rise in biofuels blending

Presenting a joint biofuels strategy agreed between the government, the automobile industry, oil companies and the farming sector, Environment Minister Sigmar Gabriel said Germany planned to raise the level of biofuels blended into fossil diesel and gasoline to 10 percent from 5 percent now by 2010.

>> Read the Full Article

European car industry choking on emission rules

FRANKFURT (Reuters) - EU rules to cut CO2 emissions drew a range of views from industry figures at the Reuters Autos Summit, but all said it would be costly to a sector already hit by pricier raw materials, a strong euro and nervous consumers.

>> Read the Full Article

Water runs dry in rural Tennessee town

ORME, Tennessee (Reuters) - A small town tucked away in the mountains of southern Tennessee is getting by on just a few hours of water a day because its spring has run dry in the drought sweeping the Southeast.

>> Read the Full Article

EU-U.N. carbon trade to link by April '09

The link will help European companies buy cheap carbon offsets from developing countries and former communist nations, helping to cut the cost of meeting greenhouse gas emissions limits set under the emissions trading scheme (ETS).

>> Read the Full Article