So these 22 CCS projects — once they are up to speed — will be shaving 0.1 per
cent off global emissions each year.
Not exact matches
The company had already announced 300 people were being laid
off at its head office in Waterloo this week as part of a broader plan that will reduce its
global workforce by about 40 per
cent.
Coupled with a
global technology sell -
off, concerns about its growing spending have clobbered its shares more than 10 per
cent since a January record high.
That index is now roughly 10 per
cent above its mid-2014 highs — thereby completely erasing the impact from the
global deflation sell -
off that occurred three years ago.
Reflecting the
global trend, the medium passenger car segment has been tailing
off for years in Australia, where sales are down 10 per
cent this year.