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Story Released 8:44am 14/08 $100M IFC Financing for Sri Lanka's Energy Efficiency & Renewable Projects

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China Needs More Stimulus for Energy Efficiency Gains
China Needs More Stimulus for Energy Efficiency Gains

Friday 28th January 2011

ECONOMIC development plans in China need to promote a low carbon economy even further, so says a new WWF report assessing the climate and energy impacts of China’s stimulus package. The study found that China’s stimulus package (approximately $586 billion) has been successful in boosting economic growth mainly through investments in ...

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Energy Efficiency Building Code for Syria
Energy Efficiency Building Code for Syria

Thursday 27th January 2011

SYRIA and the United Nations Development Program (UNDP) yesterday announced they have teamed up to produce an energy efficiency building code document for the middle east country. The project aims at reducing CO2 emission in buildings through the new code, which will focus on a buildings performance, including efficiency standards for ...

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Energy Efficiency & Renewables Advances in Rural U.S.
Energy Efficiency & Renewables Advances in Rural U.S.

Wednesday 26th January 2011

US DEPARTMENT of Agriculture Secretary Tom Vilsack yesterday revealed on his White House Blog the advances made in agriculture and rural areas in energy efficiency and renewables. He posted: At President Obama’s direction, the U.S Department of Agriculture (USDA) is working hard to unleash the power of America’s innovators and entrepreneurs to ...

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Future Energy Predictions
Future Energy Predictions

Monday 24th January 2011

ACCORDING to a study by oil giant BP, energy consumption in developed countries in 2030 will be only slightly higher than today, while consumption in emerging markets will double. The BP Energy Outlook 2030 provides their projections for future energy trends, estimating that world primary energy consumption grew by 45 percent ...

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ExxonMobil Predict Gloomy Future on CO2 Emissions
ExxonMobil Predict Gloomy Future on CO2 Emissions

Friday 21st January 2011

THE WORLD’S largest oil company, ExxonMobil, predicts global CO2 emissions to rise by nearly 25 percent in the next 20 years, according to the company's annual Outlook for Energy report. The report, due to be published in the next few weeks, makes the startling claim which in effect, states the UK’s ...

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EU Set for Crunch Energy Summit
EU Set for Crunch Energy Summit

Thursday 20th January 2011

Europe's lagging energy efficiency standards are emerging as a key issue ahead of a February meeting of European Union (EU) heads of state, EurActiv report. Apparently several German ministries are discussing the country's positioning on energy efficiency standards ahead of the summit, including the Ministries of Environment, Energy, Finance and Foreign ...

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China Considers Regional Emission Targets
China Considers Regional Emission Targets

Tuesday 18th January 2011

IN AN EFFORT to reach its carbon intensity reduction goal China is considering imposing regional emissions targets, according to a report from Reuters. The Chinese government aims to reduce its carbon intensity, the amount of CO2 produced per unit of gross domestic product, by 40-45 percent below 2005 levels by 2020. In ...

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Latin America and the Caribbean get Energy Efficiency Boost
Latin America and the Caribbean get Energy Efficiency Boost

Tuesday 18th January 2011

The Inter-American Development Bank (IDB) and the Japan International Cooperation Agency (JICA) signed a Memorandum of Understanding to support energy efficiency and renewable energy in Latin America and the Caribbean. The Memorandum is designed for the mitigation of climate change, one of the key priorities of the JICA in its ...

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Nigeria Look to Energy Efficiency and Renewables
Nigeria Look to Energy Efficiency and Renewables

Monday 17th January 2011

A SCHEME aimed at cutting Nigeria’s carbon footprint through reducing energy use and implementing renewable energy sources has received the backing of the central government. The scheme entitled the Nigeria Clean Energy Access Programme (NCEAP), it will be promoted by the Nigerian Federal Ministry of Environment. Despite these efforts it ...

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Chinese City Freezes for Energy Saving Target
Chinese City Freezes for Energy Saving Target

Thursday 13th January 2011

ALMOST 20,000 people were left in the cold when the central heating in Linzhou City, central China's Henan Province, was suspended last week, allegedly to save energy. Despite restoration of much of the heating, the city’s population may have to endure freezing weather for the rest of this winter after part ...

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India to Set Industrial Energy Efficiency Targets
India to Set Industrial Energy Efficiency Targets

Tuesday 11th January 2011

INDIA will release energy efficiency targets for the first time covering industrial sectors in an effort to save 10 million tonnes of energy by 2013-14. The Indian Bureau of Energy Efficiency (BEE) has prepared energy efficiency targets for 580 industrial units in eight industrial sectors - thermal power stations, steel, fertiliser, ...

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Scottish Universities Face £20 Million Carbon Bill
Scottish Universities Face £20 Million Carbon Bill

Friday 7th January 2011

SCOTTISH universities, currently facing major financial cuts, have been rocked by research that estimates that they face a new tax to cut carbon emissions of up to £20 million. The UK’s Carbon Reduction Commitment Energy Efficiency Scheme (CRC) is to apply the tax to higher education institutions across Scotland between 2012 ...

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Middle East Experiences Largest Rises in Energy Consumption
Middle East Experiences Largest Rises in Energy Consumption

Monday 3rd January 2011

ENERGY consumption in China and the United States is growing quickly, but no region has experienced a greater boom in demand recently than the Middle East. A GE report compared figures from 2007, the most recent year for which data are available through the International Energy Agency and the World Bank, ...

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Energy Efficiency Binding Target Adopted
Energy Efficiency Binding Target Adopted

Thursday 23rd December 2010

THE EUROPEAN Parliament adopted a binding agreement calling for a 20% increase in energy efficiency by 2020. The policy is to be implemented across all economic sectors. Meeting the target will save the European Union (EU) as a whole €100 billion, reducing emissions by almost 800 million tons a year. The European Parliament approved ...

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Energy Efficiency Challenge for North China Buildings
Energy Efficiency Challenge for North China Buildings

Wednesday 22nd December 2010

MORE than half the buildings constructed in northern China in 2009 failed to meet China's energy-saving standards, stated an inspection report released this week. China's top legislature conducted an inspection discovering over 2 billion square meters of space in old buildings in northern China in need energy saving upgrades. "Concerning the ...

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Emissions Reduction from Energy Saving for Taiwan
Emissions Reduction from Energy Saving for Taiwan

Friday 17th December 2010

TAIWAN’S government’s commitment to saving energy and reducing emissions has reduced CO2 releases by 5.14 million metric tons so far of this year, revealed Premier Wu Den-yih yesterday. Wu said the figure, for the first three quarters of the year, represents a 4-percent fall in energy intensity, the largest reduction over ...

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European Energy Efficiency Action Plan Approved
European Energy Efficiency Action Plan Approved

Thursday 16th December 2010

ENERGY Efficient buildings should be a key priority of the forthcoming revised Energy Efficiency Action Plan, say European Parliament Members (MEPs) in a resolution passed on Wednesday. Proper implementation of existing legislation and public sector example-setting were among other proposals listed in the resolution. MEPs also voted for a binding ...

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Businesses Missing out on Huge Energy Efficiency Savings
Businesses Missing out on Huge Energy Efficiency Savings

Tuesday 14th December 2010

UK BUSINESSES waste up to £1.6 billion ($2.53 billion) annually and undervalue the financial returns gained from investing in energy efficiency leading to reduced energy costs. A report released yesterday by Carbon Trust Advisory, the business arm of the UK government sponsored Carbon Trust, revealed the findings of their study of ...

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Back from the Bolivian Brink at Cancun
Back from the Bolivian Brink at Cancun

Monday 13th December 2010

"THIS is an new era of international cooperation in climate change," so claimed Mexican Foreign Minister Patricia Espinosa after hours of climate change negotiations at the UN Climate Change Summit. It was 5.30am Saturday morning as Espinosa held a press conference, her tough stance had bit by bit dismissed the only ...

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Poor Energy Efficiency of Public Sector Buildings
Poor Energy Efficiency of Public Sector Buildings

Friday 10th December 2010

OVER 70 percent of Scotland’s public sector buildings have a poor energy efficiency rating according to a report by Audit Scotland. The report also revealed there had been little change in the energy used in the Scottish public sector between 2006/07 and 2008/09, yet the energy costs increased by over 20 ...

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Cancun Commitment from Regional and State Governments
Cancun Commitment from Regional and State Governments

Thursday 9th December 2010

THE UN climate change talks in Cancún face an uncertain outcome but an offshoot meeting of over 60 states and regional officials is reporting on real action amongst smaller governmental agencies. The Alliance of state and regional governments met last year at the equivalent UN conference in Copenhagen with its members ...

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Jamaican Government must set Energy Efficiency Lead
Jamaican Government must set Energy Efficiency Lead

Wednesday 8th December 2010

JAMAICAN Prime Minister Bruce Golding said that the public sector must set the example and lead the way in energy efficiency. The Prime Minister added that Jamaica faces severe energy challenges, far beyond most other countries as the island nation depends almost entirely on imported oil for energy. He revealed that ...

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Construction Industry face huge low Carbon Challenge
Construction Industry face huge low Carbon Challenge

Tuesday 7th December 2010

THE UK construction industry faces the largest change since Victorian times if it is to meet the low carbon agenda, according to an industry report published today. The Innovation and Growth Team (IGT), which is drawn from the construction industry, was tasked by the UK government to consider how the construction ...

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Billions Saved from Global Switch to Energy Efficient Lighting
Billions Saved from Global Switch to Energy Efficient Lighting

Friday 3rd December 2010

DURING the UN Climate Change Conference in Cancun, Mexico, this week, the importance of energy efficient lighting to reduce energy demand, emissions and energy costs has been stressed. Using dramatic predictions on the savings to be made in various countries the point was made for businesses and governments to start saving ...

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Energy Efficiency means Bigger Profits
Energy Efficiency means Bigger Profits

Tuesday 30th November 2010

ENERGY efficiency will help Vietnamese firms become more profitable, experts revealed to business owners at a workshop. The Director of the Promotion of Energy Conservation in Small and Medium sized Enterprises (PECSME) project, Nguyen Dinh Hau, said that over the last five years it has been able to save 180,000 TOE ...

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