Papua New Guinea biofuel firm plans London listing
December 12, 2007 05:23 AM - Reuters
The firm hopes to benefit from a near doubling in the price of palm oil in the last year, driven by demand for biofuels and economic growth in China and India. Palm oil is also used for cooking and in products such as soap and ice cream.
Norway says not mulling "green" cuts to oil output
December 11, 2007 07:12 AM - Reuters
OSLO (Reuters) - Norway's leftist finance minister said the government was not considering cutting oil production for environmental concerns, although she wanted a debate on how quickly more acreage should be opened up for exploration after 2009.
Earlier on Tuesday, Finance Minister Kristen Halvorsen was quoted by Norwegian tabloid VG as saying that a future climate agreement could push up taxes on oil production or, in the worst case scenario, prohibit production.
Rotterdam gives away energy-saving lightbulbs
December 11, 2007 05:36 AM - Reuters
The Dutch city said it will distribute more than 600,000 light bulbs and that the expected savings for its citizens -- 26 million euros ($38 million) over six years from lower electricity bills -- will far outweigh the costs of 4 million euros.
Shell seeks to make diesel fuel from algae
December 11, 2007 05:34 AM - Reuters
LONDON (Reuters) - Royal Dutch Shell is to fund a project that aims to produce transport fuel from algae, as biofuel production from palm oil and crops are increasingly criticized for causing deforestation and higher food prices.
Oil major Shell said on Tuesday it would build a pilot facility in Hawaii to grow marine algae from which it would extract vegetable oil that would be converted into a form of diesel for use in trucks and cars.
British Energy to extend lives of two reactors
December 11, 2007 03:40 AM - Reuters
The Hinkley Point reactor in Somerset, southwest England, and the Hunterston reactor on Scotland's west coast had been scheduled to close in 2011, 35 years after they were first fired up.
Farm bill could set fivefold boost in biofuels
December 10, 2007 08:04 PM - Reuters
WASHINGTON (Reuters) - The new U.S. farm law would require use of 36 billion gallons of biofuels by 2022, five times more than this year's output, under an amendment offered on Monday as a fallback in case an energy bill falters.
Nobel winners say science must transcend borders
December 10, 2007 12:05 PM - By Sarah Edmonds, Reuters
STOCKHOLM (Reuters) - Scientists must break through the boundaries between disciplines and nations to find solutions to some of the great unanswered questions, some of 2007's Nobel prize winners said on Friday.
All UK homes could be wind powered by 2020: govt
December 9, 2007 07:36 PM - Reuters
Britain has some of the best wind conditions for generating carbon-free electricity in the world but high construction costs and a sluggish planning process has limited its growth.
Britain plans big move towards wind power: paper
December 9, 2007 12:20 PM - Reuters
Britain's secretary of state for business, John Hutton, will announce on Monday that he will open up the seas around Britain to wind farms in a big renewable energy initiative and a reversal from a previous push towards nuclear power.
Mainstream Renewable Energy Continues Double-digit Growth
December 9, 2007 09:36 AM -
In less than a decade since the Kyoto Protocol was adopted, renewable energy has evolved rapidly from an 'alternative' source of energy to a mainstream energy option, according to the REN21 Renewables Global Status Report 2007.
Compared to a total global power capacity of 4,300 GW, the report finds renewable energy (without large hydro) now provides about 240 Gigawatts (GW) of clean power, avoiding some 5 gigatonnes per year (Gt/year) of carbon emissions.