Power companies focus on clean deals
November 16, 2007 08:13 AM - Jonathan Keehner
Newly environment-friendly regulators and lawmakers have acquisitive power companies wary of potential policy changes on greenhouse gas emissions.
As they weigh deals, companies are adjusting their criteria for the impact of greenhouse gases, said David Nastro, managing director and co-head of global power and utilities at Morgan Stanley.
Pump pain heats up pressure for new energy law
November 16, 2007 08:03 AM - Chris Baltimore -Reuters
Pressure for the U.S. Congress to pass new legislation to increase vehicle fuel efficiency and hike renewable fuel use is mounting as a surge in oil prices sends consumer fuel costs toward fresh records.
Democrats have been pushing for an energy policy rewrite since they took majority control of Congress this year.
U.N. Climate Talks Make Slow Progress
November 15, 2007 04:29 PM - Reuters
VALENCIA, Spain (Reuters) - Delegates at crucial U.N. talks on the causes and effects of global climate change are making slow progress with an agreement still some way off, sources close to the discussions said on Thursday.
"The same governments which are usually hostile to binding emissions reductions, and especially the Kyoto Protocol, are also those who are blocking progress on agreeing to sound science as the basis for future action," said Stephan Singer, a climate expert at the WWF conservation group.
U.S. Appeals Court Orders New Fuel Economy Standards
November 15, 2007 04:23 PM - Reuters
LOS ANGELES (Reuters) - A U.S. appeals court on Thursday ordered the federal highway commission to formulate new fuel economy standards for upcoming models of light trucks to take into account the environmental impact of their emissions.
The 9th U.S. Circuit Court of Appeals also ordered the National Highway Traffic Safety Administration (NHTSA) to close a loophole allowing SUVs and other light trucks to satisfy lower fuel efficiency standards than cars.
Wal-Mart Outlines Environmental Efforts Progress
November 15, 2007 04:20 PM - Reuters
NEW YORK (Reuters) - Wal-Mart Stores Inc released a report on Thursday outlining the progress it is making in meeting its so-called "sustainability" goals, such as cutting waste and reducing energy at the discount retailer's stores.
Wal-Mart, which began the environmental push in 2005, has set a goal of one day using only renewable energy and creating zero waste.
In that effort, the company has constructed experimental stores to test different ways to conserve water or electricity while also cutting waste.
Grand Hyatt Dubai Opts for Solar Power to Reduce Costs, Climate Impact
November 15, 2007 09:43 AM - , Green Lodging News
DUBAI, U.A.E.—The Grand Hyatt Dubai has converted its main water heating system from diesel oil-fired to solar powered in a bid to reduce climate change and running costs. With the UAE’s carbon footprint spiraling, causing the country to be one of the largest emitters of carbon dioxide per capita in the world, the Grand Hyatt Dubai’s new solar panel heating system will reduce its own emissions dramatically.
Canada wine region adds electricity to its crops
November 15, 2007 09:02 AM - Reuters
Wine-making waste will be turned into electricity under a Canadian plan to capture methane gas from decomposing grape skins and seeds produced in southern Ontario's Niagara grape-growing region.
November 15, 2007 08:44 AM - Triple Pundit
Crowd Farm, developed by two MIT architecture grad students, is a concept that harvests the energy that is transmitted through our feet. It works like this: Beneath highly crowded subway platforms there would be a sub-flooring system made up of blocks that depress slightly due to the force of human footsteps above. These blocks rub together under the pressure generating power the same way as a dynamo, a device that converts energy from motion into an electric current.
An End to the Petrodollar?
November 13, 2007 10:44 AM - , Triple Pundit
On Friday, June 16, 2006 Samuel Brittan wrote in the Financial Times (page 11) that "the most likely trigger for a dollar collapse would be a US housing market setback." I read this with gratitude that someone was actually addressing this important global threat but I had to respectfully disagree. The greatest threat to the role of the US dollar as the international reserve currency, and indeed the global economy itself, is a sudden end to petrodollar hegemony.
London buys hydrogen-fuelled red buses
November 13, 2007 08:29 AM - Reuters
London's mayor said on Tuesday he had signed a 10 million-pound ($20.7 million) deal for ten hydrogen-powered buses to help reduce pollution and CO2 emissions in the UK capital.