• Other OPEC members yet to join Saudi climate pledge

    Riyadh (Reuters) - No other OPEC leaders at a summit in Riyadh have joined the world's top oil exporter Saudi Arabia in committing cash for research into helping the environment, Algeria's energy minister said on Sunday.

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  • Technology alone will not solve energy crisis

    There is a strong sense of déjà vu in the bleak picture that the International Energy Agency (IEA) –– sometimes described as "the rich world's energy watchdog" –– painted last week of likely global energy consumption over the next two decades, and its consequences for climate change.

    In the early 1970s, open conflict between the Arab states and Israel set oil prices skyrocketing. Simultaneously, the Club of Rome and other organisations warned that the world risked running out of many key natural resources. Both led to widespread calls for massive investment in alternative renewable-energy sources, and for new, non-energy-intensive lifestyles.

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  • Iran president says fossil energy below "real price"

    "...the price of this energy is lower than its real price," Mahmoud Ahmadinejad was quoted as saying by the official IRNA news agency before leaving Tehran, first to Bahrain and then to attend an OPEC summit in Riyadh.

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  • Power companies focus on clean deals

    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.

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  • Pump pain heats up pressure for new energy law

    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.

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  • U.N. Climate Talks Make Slow Progress

    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.

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  • U.S. Appeals Court Orders New Fuel Economy Standards

    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.

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  • Wal-Mart Outlines Environmental Efforts Progress

    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.

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  • Grand Hyatt Dubai Opts for Solar Power to Reduce Costs, Climate Impact

    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. >> Read the Full Article
  • Canada wine region adds electricity to its crops

    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. >> Read the Full Article