Moody's warned on Monday it may slap a negative outlook on France's Aaa credit rating in the next three months if the costs for helping to bail out banks and other euro zone members stretch its budget too much. The European Union must make a drastic shift from fossil fuels and derive more and more of its power from renewable sources, driving up electricity costs over the next two decades, according to a draft document seen by Reuters on Monday
http://www.stuff.co.nz/business/world/5808533/Moodys-warns-France-over-rating
http://www.reuters.com/article/2011/10/17/us-regulation-carbon-idUSTRE79G5XX20111017
Tuesday, 18 October 2011
Posted by Britannia Radio at 06:47