Collective trusts that insurers are allowed to invest in are confined to those backed by financing assets and non-listed equity assets, according to draft rules posted on the website of China Insurance Regulatory Commission.
The Netherlands, Europe’s second- largest gas exporter, may become an importer by 2025 as output falls from its Groningen province and progress in unconventional sources stalls, the International Energy Agency said.
Two of the nation’s largest environmental groups are combining forces to raise $5 million for the 2014 election to blunt better-financed efforts by industry groups fighting tougher climate-change laws.
Prime Minister Shinzo Abe is pushing Japan’s coal industry to expand sales at home and abroad, undermining hopes among environmentalists that he’d use the Fukushima nuclear accident to switch the nation to renewables.
Statoil ASA expects to decrease carbon-dioxide emissions per barrel from its Canadian oil-sands projects by 20 percent within six years, responding to environmental criticism of the crude production method.