Australian farmers key to climate change fight: adviser

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CANBERRA, March 1 (Reuters) – Australian farmers could be major winners from plans to put a price on carbon emissions, particularly as other countries also move to curb greenhouse gas pollution, the nation’s top climate adviser Ross Garnaut said Tuesday. In a report on how carbon markets will impact on rural land use, Mr. Garnaut said farmers had a key role to play in climate change mitigation schemes, and had the potential to cash in on carbon offsets through a new Carbon Farming Initiative.

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Gillard revives carbon price fight with new proposal

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Australian Prime Minister Julia Gillard made her third attempt to put a price on carbon before moving on to an emissions trading policy within five years, keeping on her campaign promise despite relentless opposition in parliament. The Labor Party-led government, supported by Green party members of the Multi-Party Climate Change Committee, proposes to start the carbon tax regime on July 1, 2012. But decision has been made on pricing and how industry and households would be compensated so they

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Closing Bell: Bull & Bears Still Fight For Show (GM, HPQ, SLXP, TM, TGT, UAL)

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Stocks tried to open positive today but geopolitics and oil kept things from being a solid win throughout the trading day. Oil’s gain is spiking gasoline higher in local markets and soft commodities took a breather. Weekly jobless claims went back under the 400,000 mark again despite dollar weakness, but new home sales were down by the double-digits again.

Here were today’s unofficial closing bell levels:

Dow Jones 12,068.50 -37.28 (-0.31%)
S&P 500 1,306.10 -1.30 (-0.10%)
Nasdaq 2,737.90 +14.91 (0.55%)
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Continue reading Closing Bell: Bull & Bears Still Fight For Show (GM, HPQ, SLXP, TM, TGT, UAL)

Closing Bell: Bull & Bears Still Fight For Show (GM, HPQ, SLXP, TM, TGT, UAL) originally appeared on BloggingStocks on Thu, 24 Feb 2011 16:20:00 EST. Please see our terms for use of feeds.

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Aeropostale Prepares to Fight Takeover Bids

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ARO logoAéropostale (AROoption chain) shares are rising today on reports that the company has hired Barclays Capital as a strategic advisor to help ARO thwart potential private-equity buyers. According to the New York Post, which reported the move, ARO management wishes the company to remain public. If you think that the stock won’t fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on ARO.

ARO opened this morning at .57. So far today the stock has hit a low of .46 and a high of .26. As of 12:05, ARO is trading at .05 up .48 (6.3%). The chart for ARO looks bearish and S&P gives ARO a negative 2 STARS (out of 5) sell ranking.

Continue reading Aeropostale Prepares to Fight Takeover Bids

Aeropostale Prepares to Fight Takeover Bids originally appeared on BloggingStocks on Thu, 16 Dec 2010 12:40:00 EST. Please see our terms for use of feeds.

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Lenders Have it Wrong and PACE Advocates Should Fight Back

The Federal Housing Finance Agency (FHFA) issued guidance yesterday that drew a line in the sand
against municipal energy financing, a.k.a. Property Assessed Clean
Energy (PACE) programs.  These innovative initiatives provide energy
efficiency retrofits for homeowners that are repaid through a property
tax assessment.  Since homeowners falling behind on payments must repay
their PACE assessment before their mortgage, giant lenders Fannie Mae
and Freddie Mac will consider participating households in default on
their mortgages for receiving an energy efficiency retrofit via PACE.  Their rationale is paper thin.

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