Energy

California sets key climate targets
December 7, 2007 04:25 AM - Reuters

LOS ANGELES (Reuters) - California on Thursday set key emissions targets and became the first state to require heavy industries to report their greenhouse gases, major steps in its landmark law to reduce global warming.

Starting in 2008, owners of power plants, oil refineries, cement plants and other big polluters will tell the state how much carbon dioxide (CO2) and other gases they spew. By 2010, those reports will be independently verified.

Also on Thursday, the California Air Resources Board set a specific emissions target for the state to meet by 2020 .

Ireland goes green with light bulb rules and car tax
December 6, 2007 01:20 PM - Reuters

DUBLIN (Reuters) - Ireland will ban traditional light bulbs in favor of energy-saving alternatives from 2009 and penalize high-emission vehicles from July 2008, Environment Minister Jonh Gormley said on Thursday.

What's next for Australia as it joins Kyoto?
December 6, 2007 09:54 AM - , Private Landowner Network

Within seconds of being sworn in, Australian Prime Minister Kevin Rudd signed documents to bring Australia into the Kyoto Protocol.

"This is the first official act of the new Australian government," he said.

Biofuel holds promise for Caribbean
December 5, 2007 04:24 PM - By Jim Loney, Reuters

MIAMI (Reuters) - Small Caribbean nations see big biofuel opportunities in ethanol produced from traditional sugar crops and biodiesel from promising African palm and jatropha trees, delegates to a conference in Miami said.

Daimler AG Introduces New, Compact Vehicle to U.S. Market: "Smart fortwo"
December 5, 2007 11:24 AM -

NEW YORK, - They call it, "smart fortwo", the most compact vehicle currently in production, and set to launch in USA, January 2008: 

 

The shortest, most compact automobile currently in production will soon be launched in the world's largest automobile market, when the "smart fortwo" debuts in the United States in January, 2008. Dr. Dieter Zetsche, Chairman of Daimler AG will introduce this latest vehicle to the US market at a press briefing in Washington, DC on December 4th. The car starts around $11,500 dollars.

EPA Urged To Cut Pollution From Aircraft
December 5, 2007 10:25 AM -

Washington, DC – A coalition of state governments, including California, cities, regional governments and environmental groups filed petitions with the U.S. Environmental Protection Agency today urging the agency to address the effects of vast amounts of global warming pollution from the world’s aircraft fleet.

The petitions are the first step in a process that requires the EPA to evaluate the current impacts of aircraft emissions, seek public comment and develop rules to reduce aircraft emissions or explain why it will not act. 

Study: Hybrid Owners: Wealthy, Active, Educated and Democratic
December 4, 2007 05:44 PM -

NEW YORK - Democratic, wealthy, educated and active are four adjectives that describe today's hybrid vehicle owner, according to a recent analysis from Scarborough Research, a consumer and media research firm.

 

Renewable energy stocks soar on energy bill hopes
December 4, 2007 02:55 PM - Reuters

NEW YORK (Reuters) - The shares of renewable energy companies rose on Tuesday in anticipation of Congress approving an energy bill that environmentalists have hailed for tough action on automobile fuel efficiency.

In afternoon trading on the New York Stock Exchange, shares in LDK Solar Co Ltd <LDK.N>, which manufactures solar wafers, were up over 18 percent at $38.35 and Trina Solar Ltd <TSL.N> gained 5.26 percent to $47.65.

Fuel costs push Delta, Southwest to warn on losses
December 4, 2007 02:15 PM - Chris Reiter and Kyle Peterson, Reuters

WASHINGTON (Reuters) - Waning consumer confidence and soaring fuel costs caused Delta Air Lines Inc <DAL.N> to warn of a possible operating loss on Tuesday, while Southwest Airlines Co <LUV.N> said it would restrict capacity growth to brace for tougher times ahead.

CEOs Sweat Energy Costs, But Remain Upbeat On Economy
December 4, 2007 01:20 PM - Scott Malone, Reuters

BOSTON (Reuters) - Chief executives' view of the economy improved in the fourth quarter, although they have become far more concerned about energy prices than they were a year ago, according to a survey by the Business Roundtable.

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