Bali meet must spur investment
December 3, 2007 04:38 AM - Reuters
BALI (Reuters) - Climate talks launched in Bali on Monday must assure investors of future government backing for climate-friendly energy and building projects, said the host of the meeting, Indonesia's Environment Minister Rachmat Witoelar.
The talks in Bali, attended by some 190 countries, will try and lay the foundations for a new climate change deal in time to replace or extend the Kyoto Protocol from 2013.
A key challenge will be to entice business to invest in cuts in greenhouse gas emissions and prepare for climate change.
Australia steals show at Bali climate talks
December 3, 2007 03:42 AM - Reuters
BALI, Indonesia (Reuters) - Australia won an ovation at the start of U.N.-led climate change talks in Bali on Monday by agreeing to ratify the Kyoto Protocol, isolating the United States as the only developed nation outside the pact.
Asian stock rally pauses after Oil slides
December 2, 2007 09:43 PM - Reuters
HONG KONG (Reuters) - Oil bounced back above $89 a barrel on Monday, steadying from last week's near $10 slide, but Asian stock markets took a breather after posting their best weekly gain in more than three months.
Germany shows contradictions on climate change
December 2, 2007 11:51 AM - Erik Kirschbaum, Reuters
BERLIN (Reuters) - Germany is the world's sixth largest emitter of greenhouses gases, builds some of the fastest and most polluting cars on the road, rejects speed limits to cut CO2 and is replacing its nuclear power with coal-burning plants.
Pew Calls Compromise On Fuel Efficiency a Victory
December 1, 2007 04:08 PM -
WASHINGTON - Phyllis Cuttino, director of the Pew Charitable Trusts Campaign for Fuel Efficiency issued the following statement welcoming the compromise between Speaker Nancy Pelosi and Chairman John Dingell (D-Mich.) for a meaningful increase in fuel efficiency standards to 35 miles per gallon by 2020:
"This is a truly historic agreement, breaking a 30-year Congressional deadlock on mileage standards.
Chicago Water Authority Purchases 30 All-Electric, Zero-Emissions Cars
December 1, 2007 02:13 PM -
Chicago - The Metropolitan Water Reclamation District of Greater Chicago, one of the nation’s largest water authorities, today announced that it has purchased 30 all-electric, low-speed MILES ZX40 cars as part of its strategy to slash fleet emissions and costs. The acquisition represents the largest purchase of MILES electric vehicles by a government agency. It is estimated that the vehicles will eliminate hundreds of thousands of pounds of greenhouse gas emissions each year in operation.
The ZX40 hatchbacks will be officially delivered to Water Authority Commissioners on Tuesday, November 27th at 12:00 p.m. during a ceremonial "plug-in," reflecting the fact that MILES cars and trucks are powered by industry-leading batteries that can be charged at any standard household or business outlet.
Hydrogen Engine Center Launches Technology Push
December 1, 2007 02:00 PM - , Green Progress
Algona, IA - Hydrogen Engine Center, Inc, a developer of systems and processes used in the design, manufacture and distribution of alternative fuel internal combustion engines, engine controls and generator systems, today announced a series of steps to expand advanced technology development while simultaneously accelerating the delivery of alternative energy solutions to the global market.
Smarter Storage for Solar and Wind Power
December 1, 2007 01:53 PM - , Green Progress
Australia - The Australian government's science branch has launched a major effort to develop new batteries to store energy. The project is led by CSIRO, the Australian Commonwealth's Scientific and Industrial Research Organisation, is Australia's national science agency.
Director of the CSIRO Energy Transformed National Research Flagship Dr John Wright said the Smart Storage battery technology aims to deliver a low cost, high performance, high power stationary energy storage solution suitable for grid-connected and remote applications.
Google's Goal: Renewable Energy Cheaper Than Coal
December 1, 2007 01:43 PM - , Green Progress
San Jose, California - Google today announced a new strategic initiative to develop electricity from renewable energy sources that will be cheaper than electricity produced from coal. The newly created initiative, known as Renewable Energy Cheaper Than Coal, will focus initially on advanced solar thermal power, wind power technologies, enhanced geothermal systems and other potential breakthrough technologies. Renewable Energy Cheaper Than Coal is hiring engineers and energy experts to lead its research and development work, which will begin with a significant effort on solar thermal technology, and will also investigate enhanced geothermal systems and other areas.
In 2008, Google expects to spend tens of millions on research and development and related investments in renewable energy. As part of its capital planning process, the company also anticipates investing hundreds of millions of dollars in breakthrough renewable energy projects which generate positive returns.
Siemens sees wind business up 30 percent this year: report
December 1, 2007 01:26 PM - Reuters
"We want to be in the top three in the industry by 2011," Siemens' Wind Power unit chief Andreas Nauen told German weekly Euro am Sonntag in comments released on Saturday ahead of publication on Sunday.