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Tag: imports

Climate change: Used cooking oil imports may fuel deforestation

Climate change: Used cooking oil imports may fuel deforestation

Science
Imports of a "green fuel" source may be inadvertently increasing deforestation and the demand for new palm oil, a study says.Experts say there has been a recent boom in the amount of used cooking oil imported into the UK from Asia. This waste oil is the basis for biodiesel, which produces far less CO2 than fossil fuels in cars. But this report is concerned that the used oil is being replaced across Asia with palm oil from deforested areas.Cutting carbon emissions from transport has proved very difficult for governments all over the world. Many have given incentives to speed up the replacement of fossil-based petrol and diesel with fuels made from crops such as soya or rapeseed. These growing plants absorb CO2 from the atmosphere...
Trophy hunting: Gove ‘cautious’ over ban on imports

Trophy hunting: Gove ‘cautious’ over ban on imports

Science
The UK will not be banning imports from trophy hunting yet, Michael Gove has told BBC Radio 5 Live.The Environment Secretary said it was a "delicate political balancing act".He said he had been advised by wildlife charities to "be cautious" in following other countries in outlawing imports from the controversial sport.Trophy hunting is the shooting of carefully selected animals, including some endangered species, under strict government controls. Mr Gove was interviewed by former England cricketer Kevin Pietersen as part of a new BBC Radio 5 Live podcast, Beast of Man, which looks into how the South African rhino can be saved from extinction.Clients, mainly from Europe or the US, often pay thousands of pounds to take part in a hu...
China temporarily spares U.S. oil imports from tariffs

China temporarily spares U.S. oil imports from tariffs

Business
Sept. 19 (UPI) -- U.S. crude oil exports have been temporarily spared from Chinese tariffs, giving state-run oil refineries a short window to import as much as possible. They're scrambling for U.S. imports because WTI, the U.S. benchmark, is selling at a $ 6.66 per barrel discount to Dubai crude oil. That's the biggest price difference of the year. China announced 10 percent tariffs on $ 60 billion in U.S. imports Tuesday in retaliation for President Donald Trump's latest volley of tariffs that were announced Monday. It's not clear when China's tariffs on crude oil will go into effect. "Oil on the tariffs list will only impact trade flows but not overall demand and as such could weaken U.S. grades regionally and in the worse case WTI prices but the global benchmark Brent should not be af...
US steel and aluminium imports face big tariffs, Trump says

US steel and aluminium imports face big tariffs, Trump says

Business
Media playback is unsupported on your devicePresident Donald Trump is to impose steep tariffs on steel and aluminium imports next week, hitting producers like Canada and China.He said steel products face a 25% tariff, with 10% on aluminium goods.The US imports four times more steel than it exports, and is reliant on steel from more than 100 nations.Mr Trump tweeted that the US was suffering from "unfair trade". But the move has hit US markets, with the Dow Jones index closing down 1.7%.The value of shares in American steel manufacturers jumped significantly after the announcement.The news is likely to provoke an angry reaction from China, and analysts have expressed fears of the prospect of new trade wars.Key US allies are also at risk of being hit with higher costs, but it is not clear if...
Trump puts elephant trophy imports on hold

Trump puts elephant trophy imports on hold

Science
President Donald Trump has suspended the import of elephant hunting trophies, only a day after a ban was relaxed by his administration.Imports of trophies from elephants legally hunted in Zambia and Zimbabwe had been set to resume, reversing a 2014 Obama-era ban.But late on Friday, President Trump tweeted the change was on hold until he could "review all conservation facts".The move to relax the ban had sparked immediate anger from animal activists."Your shameful actions confirm the rumours that you are unfit for office," said French actress and animal-rights activist Brigitte Bardot in a letter to President Trump.Skip Twitter post by @realDonaldTrumpPut big game trophy decision on hold until such time as I review all conservation facts. Under study for years. Will update soon with Secret...