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India lays foundation for US$15bn cap-and-trade market
The Indian government has provided early approval of a national energy-efficiency plan, including provisions for a cap-and-trade market that could be worth about US$15bn (GBP9bn) a year. Under the scheme, benchmarks for the consumption of electricity will be established for each industry. Echoing the EU`s emissions trading scheme, companies that exceed their targets will need to buy energy certificates from firms that use less power due to efficiency practices.
Prime minister Manmohan Singh earlier this week said the plan `will enable about [US$15bn] worth of transactions in energy efficiency. ... |
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Shareholders crank up demand for climate change action
Shareholder pressure on firms to step up their efforts to address climate change is continuing to rise, according to figures last week from the Ceres lobby group showing that the 2009 US proxy season saw a record 68 climate-related shareholder resolutions filed by investors.
There was also further evidence that the resolutions are working, with Ceres – which represents investors with collective assets of $7 trillion (£4.3tr) and lobbies firms to disclose their climate change strategies – reporting that 31 resolutions were withdrawn before they went to a vote after the companies involved agreed ... |
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Energy & Environmental Research Center (EERC)
Energy & Environmental Research Center (EERC) is a research, development, demonstration, and commercialization facility recognized as one of the world`s leading developers of cleaner, more efficient energy technologies as well as environmental technologies to protect and clean our air, water, and soil. The EERC is a high-tech, nonprofit branch of the University of North Dakota, which operates like a business. The EERC currently employs more than 280 people and is aggressively expanding its staff.
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- US Chamber of Commerce seeks `Scopes trial` on climate change
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- Food Lion, Hill Phoenix, Sweetbay, Whole Foods, and Supervalu chill for the environment
EPA’s GreenChill Advanced Refrigeration Partnership announced its 2009 partner awards this week, and among the awardees are: Food Lion, Hill Phoenix, ...
- IAEA scientists investigate Arctic Ocean for clues of climate change
Scientists from the IAEA Marine Environment Laboratories (MEL) in Monaco are reaching the end of their involvement in a month-long sampling effort aboard ...
- Governments to take decisive action for climate adaptation at World Climate Conference - 3
The international community has an unprecedented opportunity to take action for adapting to current and future climate at World Climate Conference-3 (WCC-3), ...
- Carbon fund set up by EBRD and EIB in 1st Russian venture
In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are ...
- Deadly heat waves are becoming more frequent in California
From mid July to early August 2006, a heat wave swept through the southwestern United States. Temperature records were broken at many locations and unusually ...
- AMD publishes Ninth Annual Global Climate Protection Plan and 2008 Corporate Responsibility Report
AMD (NYSE: AMD) has released two reports demonstrating the company’s ongoing dedication to sustainability, the ninth annual Global Climate Protection ...
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