The biggest German power company, EON, plans to sell its high-voltage network in anticipation of new European Union rules, press reports said on Thursday.
Plans to split off distribution networks worth more than one billion euros (1.5 billion dollars) were “well advanced” and EON chief executive Wulf Bernotat had already informed German Chancellor Angela Merkel, the [...]

Australia’s main opposition Labor Party has dropped its 25-year-old ban on new uranium mines, paving the way for industry expansion.
Delegates at the party’s annual conference voted today to support Labor leader Kevin Rudd’s motion to overturn the ban and allow the uranium industry to develop “under the most stringent conditions.” State governments have the power [...]

German Chancellor Angela Merkel’s left-right coalition government agreed on a plan that would end coal subsidies in 2018, politicians from both governing parties said.
The agreement, worked out late Monday night, paves the way for conglomerate RAG AG, which owns the mines, to float on the stock market.
Members of the center-left Social Democrats agreed to the [...]

Germany is to shut down its coal mines, which helped fuel the country’s post-war economic miracle, by 2018, the ruling coalition of left and right parties agreed overnight.
Kurt Beck, head of the center left Social Democrat Party, and Economy Minister Michael Glos announced that the coalition government had agreed to phase out heavily-subsidized coal mining [...]

Prime Minister John Howard urged Australia’s regional governments to end bans on new uranium mines that prevent the nation from tapping soaring demand for the reactor fuel.
The nuclear power boom provided a “timely opportunity,” Howard said today, releasing a government report that supported an end to the bans, enrichment of the metal for use in [...]

The Congress in Karnataka today continued its pressure on the Kumaraswamy led Coalition government on the mining bribery issue and sought Governor T N Chaturvedi to use his discretionary powers to refer the Rs.150 crore bribery allegation to the CBI and to recommend for the dismissal of the Government.
Leader of the Opposition in the Legislative [...]