Headlines

Success of Climate Plans Hinges on Energy Saving, Carbon Storage, IEA Says

Any plan for halving global greenhouse-gas emissions by 2050 will depend on cutting the energy used by buildings and vehicles and on developing technology to capture and store pollution, the International Energy Agency said today.

More energy-efficient buildings and cars could provide 38 percent of the carbon dioxide cuts necessary, and “should be the highest priority in the short-term,” according to an IEA report.

Source: Bloomberg

Chinese, Indian emissions nullified world cuts: report

A strong rise in carbon dioxide (CO2) emissions from China and India nullified a decline achieved by industrialised countries last year, a Dutch environmental agency said on Thursday.

"Global emissions of carbon dioxide, the main greenhouse gas, have remained constant in 2009," the Netherlands Environmental Assessment Agency said in a report based on data from sources like oil company BP, the US Geological Survey, and Europe's Emission Database for Global Atmospheric Research.

Source: The Independent

Climate monitor says no growth in global carbon emissions last year for first time since 1992

A leading climate change monitor says global carbon dioxide emissions held steady last year, as recession slowed industrial activities in rich countries while growth in China and India made up for the decline.

The Netherlands Environment Assessment Agency says last year was the first since 1992 that registered no growth in carbon emissions from fossil fuels, cement production and the chemical industry, the main sources of greenhouse gases.

Source: Washington Examiner

Now, Tatas plan to do a Nano with power!

First they came up with the Tata Nano. Then Swach, a low-cost water purifier. This was followed by a low-cost housing programme. Now the Tata Group is planning to repeat the success in the power sector.

Tata Power, India's largest private sector power company, is considering several low-cost solutions to the severe power shortage experienced across the country.

The company is set to test a 2 kwh (kilowatt per hour) micro wind turbine that is one of the smallest in the world.

Source: Rediff

A simpler path to cutting carbon emissions

If our goal is carbon reduction, a cap-and-trade or carbon-pricing bill, with its likely compromises, would be worse right now than no regulation. Pricing carbon below $40 per ton will not change how industry does business or drive adoption of new technologies. With legislation unlikely to support such prices, uncertainty is better than a low price that disincentivizes the development of technologies that have radically less carbon.

Source: Washington Post

IIT-Kanpur to set up experimental solar power plant

The Indian Institute of Technology, Kanpur has planned to set up a 550 kilowatt  Solar Energy Research Experimental Station in its campus.

The station would serve the purpose of solar energy development research apart from a pilot project for improving the commercial viability of solar energy generation.
 
It would provide uninterrupted free power supply to six neighbouring villages, Nankari, Bara Sirohi, Singhpur, Bakunthpur, Naramau and Kachchar.

Source: Rediff

Global Clean Technology Venture Investment Increases 65 Percent in 1H 2010 to Match the Record 1H 2008, finds Cleantech Group and Deloitte

The Cleantech Group-, providers of leading global market research, events and advisory services for the cleantech industry, along with Deloitte, which provides audit, tax, consulting and financial advisory services to cleantech companies, today released preliminary 2Q 2010 results for clean technology venture investments in North America, Europe, China and India, totaling $2.02 billion across 140 companies.

Source: DVD Creation

Climate Plan Depends on Energy Saving, Carbon Storage, IEA Says

17 percent more money into the energy sector for the next 40 years to support low-pollution technology over today's fossil fuels.

"Governments will need to intervene on an unprecedented level in the next decade to avoid the lock-in of high-emitting, inefficient technologies," the Paris-based agency said.

Laws that charge polluters a price for releasing carbon dioxide into the atmosphere won't be enough to cut global greenhouse gas emissions in half by 2050, according to the report.

Driving Change

Source: San Francisco Gate

Clean energy cess will spur power tariff hike

The ‘clean energy cess' imposed on coal, lignite and peat is likely to translate into an average tariff impact of close to 3 paise a unit (or kilo Watt hour) for electricity end-users. This is less than one per cent of the average consumer tariffs across the States.

Source: Hindu Business Line

Global recession sees carbon dioxide levels hold steady

The world's industrial emissions of climate-changing carbon dioxide held steady last year, as recession slowed production in rich countries while growth in China and India made up the difference, a leading monitoring agency reported today.

The Netherlands Environment Assessment Agency said last year was the first since 1992 that registered zero growth in carbon emissions from the burning of fossil fuels, cement production and chemical industries - key sources of greenhouse gases.

Source: Ireland On-Line