Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2020-01-23 09:56:52| Guardian Unlimited Business - more business news

Rolling coverage of the third day of the World Economic Forum in DavosLatest: Mnuchin slaps down Thunbergs divestment callImmediate divestment would hurt growth and pensions, says US 8.56am GMT After trying to clip Gretas wings, US treasury secretary Stephen Mnuchin argued that there are no easy choices when it comes to the environment.He told reporters:When I was allowed to drive I had a Tesla. I drove in California. I liked it.But nobody focuses on how that electricity is made, and what happens to the storage and the environmental issues on all these batteries.If you look at the US from a leadership standpoint - driven by private industry not governent control, weve been a leader.Many economies are transitioning to more efficient and cleaner energy. That doesnt have to be all renewables.In #Davos this morning, Sec. Mnuchin is asked about @GretaThunberg's call to divest from fossil fuels.Mnuchin: "After she goes and studies economics in college she can go back and explain that to us."#WEF50 7.59am GMT Mnuchin adds that people who call for fossil fuel divestment should remember there are significant economic issues, issues with jobs.Many economies are transitioning to a lower-emissions economy. Continue reading...

Tags live study secretary economics

Category: News and Media

 

Latest from this category

12.07Hunting for value stocks? Jefferies has 11 stock ideas. Check full list
12.07Small Steps, Big Returns: How retail investors can build wealth in todays market
12.07Gold rally cools but jewellery stocks sparkle with up to 45% return in FY26
12.07Investors pour Rs 1.59 lakh crore in mutual fund SIPs in H1 CY25
12.07Mind Over Money From Badminton to Boho Meditations: How CoinDCXs Sumit Gupta Recharges
12.07These 12 Nifty microcap stocks can rally 50-140% in the next 12 months
12.07Accumulate quality stocks in strong sectors despite market noise: Rajesh Palviya
12.07Fed's Goolsbee: Need to wait until anxiety recedes to feel comfortable about outlook
News and Media »

All news

12.07Hunting for value stocks? Jefferies has 11 stock ideas. Check full list
12.07Small Steps, Big Returns: How retail investors can build wealth in todays market
12.07Gold rally cools but jewellery stocks sparkle with up to 45% return in FY26
12.07Investors pour Rs 1.59 lakh crore in mutual fund SIPs in H1 CY25
12.07Teslas Robo-Taxi Austin Success
12.07Mind Over Money From Badminton to Boho Meditations: How CoinDCXs Sumit Gupta Recharges
12.07These 12 Nifty microcap stocks can rally 50-140% in the next 12 months
12.07Accumulate quality stocks in strong sectors despite market noise: Rajesh Palviya
More »
Privacy policy . Copyright . Contact form .