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Sustainability Outlook Headlines
China to Start Carbon Market Trading Program in 2011-2015China will begin a carbon-trading program from 2011 to 2015, the period of its 12th five-year plan, the China Daily reported, citing an unidentified person attending a closed meeting chaired by Xie Zhenhua, deputy director of the National Development and Reform Commission. The type of carbon-trading scheme to be adopted was not decided at the meeting, the report said. Date : Jul 22 Source: Bloomberg
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Algae holds promise to make aviation carbon-neutral.The group, which owns Airbus, is showing off an aircraft powered by algae juice at the Farnborough Airshow this week. EADS (FR:EAD 16.36, -0.03, -0.15%) is betting that the small aircraft, which completed its first successful flight last month in Germany, can help make air travel kinder to the planet in the not too distant future. As deadlines for the industry to cut its carbon emissions loom and environmental disasters like the recent spill in the Gulf of Mexico remind the world of the perils of oil exploration, jet makers and airlines alike are more eager than ever to find... Read more.. Date : Jul 22 Source: Marketwatch
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Hamid Ansari releases book titled 'India, Climate Change, and the Global Commons'Vice President Mohammad Hamid Ansari released a book entitled "Encircling the Seamless - India, Climate Change, and the Global Commons" in the national capital on Wednesday, penned down by Professor A. Damodaran. On the occasion, Vice President Ansari said: "This is a book with a difference and I am glad to have been given the chance of browsing... Read more.. Date : Jul 22 Source: Newstrack India
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Green Plains Renewable Energy to Implement Corn Oil Extraction TechnologyGreen Plains Renewable Energy, Inc. (Nasdaq:GPRE) announced today that it will implement corn oil extraction technology at its ethanol plants. The Company expects to complete the technology deployment by the end of the first quarter of 2011 and anticipates the project would enhance operating income by $15 million to $19 million per year. "Our objective is to continue to diversify our cash flows and to de-risk our overall platform," said Todd Becker, President and Chief Executive Officer of Green Plains Renewable Energy. "This project allows us to realize additional income streams... Read more.. Date : Jul 22 Source: msnbc
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China rejects reports it passed U.S. in energy useChina's government rejected a report Tuesday that it became the world's biggest energy consumer last year, passing the United States. News reports citing data from the International Energy Agency said China consumed the equivalent of 2.252 billion tons of oil last year, slightly above U.S. consumption of 2.17 billion tons. China's energy demand has surged amid rapid economic growth and the... Read more.. Date : Jul 22 Source: Houston Chronicle
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Dropping the ball on global warmingEnvironmentalists are upset at Obama for putting more effort and political capital into health care and bank reform than climate change. Their frustration is understandable. As the hottest year on record marches forward, with extraordinarily high temperatures registered all over the world in recent weeks, the chances that the Senate will pass a meaningful energy bill have steadily dwindled. David Leonhardt excellent summary of the incredibly shrinking scope of energy legislation ambition in today's New York Times makes for glum reading. Not much is going to happen before the midterm... Read more.. Date : Jul 22 Source: Salon
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India interested in BP assets in Vietnam: reportsEnergy-hungry India is interested in buying BP's assets in Vietnam, an Indian government minister said Wednesday, as the country looks to obtain more energy supplies for its fast-growing economy. Date : Jul 21 Source: YAHOO!
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Schoolchildren to combat climate changeThe Young Climate Savers, a joint initiative between World Wide Fund for Nature (WWF)-India and Tetra Pak India, is a school based climate change and lifestyle education programme based on education for sustainable development and people's participation. The programme launched in 2007 has targeted more than 50,000 students across 10 cities in India and the programme, has been instrumental in raising awareness about the ill effects of climate change. Students across these cities pledged to take up the cudgel to combat climate change. Rachna, student of Rosary Convent... Read more.. Date : Jul 21 Source: New Kerala
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Honda plans electric vehicle, plug-in in 2012Honda will start selling an electric vehicle as well as a plug-in hybrid in 2012 in the U.S. and Japan, joining the race to manufacture green cars in which rivals have already taken slight leads. Date : Jul 21 Source: AP - msnbc
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How to Play the Changing Shape of Energy Consumption?China, not the U.S., is now the world's top consumer of energy, according to a report released Monday by the International Energy Agency. Last year, China consumed 2.252 billion tons of oil-equivalent (which is a sum-total measure of all forms of energy, including crude oil, natural gas, coal, nuclear and even "green" energy sources like wind or solar). That's about 4 percent more than the U.S., which used 2.169 billion tons. Granted, the U.S. still consumes the most energy per capita, with the average American consuming five times more energy each year than the average... Read more.. Date : Jul 21 Source: Seekingalpha
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Shyam Saran: India's China challengeIn fashioning an appropriate China strategy, India must recognise that the essential character of India-China relations is and will remain competitive. We represent two contrasting but long-standing civilisations. Each has its own deeply rooted cultural ethos despite the shared legacy of Buddhism. In more contemporary times, China has seen its emergence in Asia as regaining its historical, though sometimes mythical, status as a pre-eminent power, at the summit of a hierarchical economic and security architecture in the region. There has been and will continue to be resistance to the... Read more.. Date : Jul 21 Source: MSN India
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Delhi approves project to keep Yamuna sewage-freeThe Delhi cabinet Tuesday approved a Rs.1,358 crore Yamuna Interceptor Sewer Project to contain pollution levels in the river. Chief Minister Sheila Dikshit said that under the project, 59 km of sewers along three major drains of the river and seven pumping stations will be laid to intercept and convey waste water flows to the sewage treatment plants so that only the treated effluent is discharged into the Yamuna. 'The project will go a long way in improvement of water quality. And it is not a distant dream now,' she said. According to an official, the project has... Read more.. Date : Jul 21 Source: Smash Hits
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Siemens Puts Green on Fast TrackGerman industrial conglomerate Siemens AG has embraced the gamut of energy-efficient products. Whether it's wind turbines, solar energy, water technologies, smart-grid solutions or trains, the US$111 billion company has made the development of green products a major part of its business strategy. Date : Jul 21 Source: Industry Week
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Water Dispute Raises Tension Between India and PakistanisIn this high Himalayan valley on the Indian-controlled side of Kashmir, the latest battle line between India and Pakistan has been drawn. his time it is not the ground underfoot, which has been disputed since the bloody partition of British India in 1947, but the water hurtling from mountain glaciers to parched farmers’ fields in Pakistan’s agricultural heartland. Indian workers here are racing to build an expensive hydroelectric dam in a remote valley near here, one of several India plans to build over the next decade to feed its rapidly growing but power-starved economy.... Read more.. Date : Jul 21 Source: New York Times
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Countries pledge global support for clean energyThe United States and dozens of other countries have pledged hundreds of millions of dollars toward clean-energy initiatives to help battle climate change, U.S. Energy Secretary Steven Chu said on Tuesday. Date : Jul 21 Source: CNET News
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CII getting ready to gauge companies on a green indexHow green is your business? This may well be CII's poser to Indian companies as it readies to rate them on the environment friendliness of their practices and processes. The Confederation of Indian Industry will use a set of eight-nine parameters to rate the companies in the manufacturing and services sectors, with the rating process covering not just their operations but their supply chain too. “We hope to launch the Green Business Rating by September-October with the first set of companies being rated by early next year,” says Mr S. Raghupathy, Senior Director and Head,... Read more.. Date : Jul 21 Source: Hindu Business Line
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Unique challenge of making money from cotton wasteThe crisp currency notes nestled in your wallet are most likely made from a special type of paper that is imported every year because production capacity at the government’s only mill to make similar paper has stagnated since 1968. In an attempt to cut the import bill and curb the proliferation of counterfeit currency, the government plans to increase capacity at its paper mill located in Hoshangabad, Madhya Pradesh. But securing the cotton waste that is used as raw material for currency paper is going to be difficult, say experts. The government plans to spend Rs18,000 crore... Read more.. Date : Jul 21 Source: Livemint
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'Don't tag India with China in emission targets'India should ensure it is not clubbed with China in carbon emission mitigation efforts as this will be costly for the country, a leading economist Tuesday warned. "While developed countries will start carbon emission mitigation activities first, China will soon follow suit. Getting tagged along with China now will be disadvantageous for India in the future," he said,... Read more.. Date : Jul 21 Source: New Kerala
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Metrowater's eco-friendly initiativeChennai Metrowater, as part of its efforts to become eco-friendly, is keen on reducing carbon dioxide emission from its new sewage treatment plants. For this purpose, it plans to commission a consultant for preparing the project concept and design note. Metrowater is setting up three sewage treatment plants — at Nesapakkam with a capacity to treat 54 million litres a day; Perungudi (60 mld); and Koyambedu (120 mld). While the STPs in Perungudi and Nesapakkam are under construction, the project proposal of the Koyambedu facility is awaiting funds under the Jawaharlal Nehru National... Read more.. Date : Jul 20 Source: Hindu
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Pre-requisites for sustainable food securityThe President, in her address to Parliament on June 4, 2009, announced: “My Government proposes to enact a new law — the National Food Security Act — that will provide a statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban areas will be entitled, by law, to 25 kg of rice or wheat per month at Rs. 3 per kg. This legislation will also be used to bring about broader systemic reform in the public distribution system.” Since then, various arms of the government as well as civil society organisations have been... Read more.. Date : Jul 20 Source: Hindu
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UK needs to invest more in low-CO2 techBritain needs to invest more in low-carbon technologies to reach its goal of cutting harmful greenhouse gas emissions by 80 percent by 2050, a climate advisory body to the government said on Monday. The UK aims to reduce its greenhouse gas emissions by 80 percent by 2050 from 1990 levels to help fight climate change. As part of this goal, low-carbon technologies will be vital to generate cleaner forms of electricity for electric vehicles, heating and delivering energy-efficient buildings, the Committee on Climate Change (CCC) said in a report. “Without government... Read more.. Date : Jul 20 Source: Khaleej Times
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Australia Opposition Would Scrap Global Carbon InstituteAustralia's main opposition Liberal-National coalition said Tuesday it would scrap a A$100 million-a-year Global Carbon Capture & Storage Institute if elected to office next month, among a package of budget cuts expected to save A$1.18 billion over the next four years. The ruling Labor government launched the institute in April 2009, aiming to fast-track development of commercial-scale technology designed to capture greenhouse-gas emissions and sequester them underground--a process that would potentially reduce the environmental impact of burning dirty fuels such as coal for... Read more.. Date : Jul 20 Source: NASDAQ
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China May Spend $738 Billion on Clean Energy ProjectsChina, the world's biggest polluter, may spend about 5 trillion yuan ($738 billion) in the next decade developing cleaner sources of energy to reduce emissions from burning oil and coal, a government official said. The government will submit plans to develop cleaner energy, including nuclear power and gas from unconventional sources, in 2011 to 2020 to the State Council, or Cabinet, for approval, Jiang Bing, head of the National Energy Administration's planning and development department, said in Beijing today. China needs between 500 billion and 600 billion yuan annually to... Read more.. Date : Jul 20 Source: San Francisco Gate
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Most vulnerable nations pledge climate action - Terra DailySix countries seen as most threatened by rising sea levels have vowed to cut their carbon emissions as a gesture of their commitment to fight global warming, the Maldivian government said Monday. The countries, mostly ... Date : Jul 20
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U.S. Import-Export Bank Forces India to Build Wind and SolarOne of India's leading power generation companies, Reliance Power, has agreed to set up a 250 MW solar-wind energy power plant in exchange of a $600 million loan from the US Export-Import Bank. The power plant which is expected to come up in the western coastal states of Gujarat and Maharashtra would be a mix of solar and wind farms. The plant would be set up in accordance to an agreement reached between the US Ex-Im Bank which is required to review the environmental impact including the carbon footprint of the project they provide financial help for. Reliance Power will set... Read more.. Date : Jul 20 Source: Reuters India
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