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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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UK Top for Energy Efficiency as U.S. Lags
UK Top for Energy Efficiency as U.S. Lags

Monday 16th July 2012

THE UK comes first in a new energy efficiency ranking of the world’s major economies, followed closely by Germany, Italy, and Japan, according to the first-ever International Energy Efficiency Scorecard. The Scorecard has been published by the nonprofit American Council for an Energy-Efficient Economy (ACEEE). The report finds that in the last ...

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EU Energy Efficiency Directive Endorsed
EU Energy Efficiency Directive Endorsed

Friday 13th July 2012

THE deal on the proposed EU energy efficiency directive which we reported was struck by MEPs and Council on 13 June, was endorsed by the Energy Committee yesterday. The directive would introduce mandatory measures such as renovating public buildings and energy-saving schemes for utilities. The plenary vote is scheduled for ...

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Ireland Faces up to Challenge of Low-Carbon Economy
Ireland Faces up to Challenge of Low-Carbon Economy

Thursday 12th July 2012

DESPITE a severe economic downturn, Ireland has held to its ambitious energy targets to move itself towards a low-carbon economy through improving energy efficiency, renewables and demand side management. But the International Energy Authority (IEA) in a review of Irish energy policies has warned that to reach its goals and ...

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Tire Company Rewarded for Energy Efficiency Upgrade
Tire Company Rewarded for Energy Efficiency Upgrade

Wednesday 11th July 2012

THE Tennessee Valley Authority and the City of Tupelo in the U.S. presented close to $47,000 to the Cooper Tire company yesterday, all part of the TVA's Energy Right Solutions program. The money is an incentive for the company after they changed some of their lighting at the Tupelo plant for ...

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U.S. Government's $14M Energy Efficiency Funding for 22 States
U.S. Government's $14M Energy Efficiency Funding for 22 States

Tuesday 10th July 2012

THE U.S. Energy Department recently announced new investments in state-led energy efficiency projects, supporting the government's commitment to reduce building energy costs and transfer those savings directly to taxpayers.  The Energy Department, through its State Energy Program, awarded nearly $14 million to 22 states and territories to conduct energy efficiency upgrades ...

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$20M for Sustainable World Cup
$20M for Sustainable World Cup

Thursday 5th July 2012

FIFA (Fédération Internationale de Football Association), have announced that they will spend $20 million for the 2014 World Cup in Brazil to be the first with a comprehensive sustainability strategy. FIFA and the Local Organising Committee (LOC) teamed up with the Brazilian government at Rio+20, the United Nations Conference on Sustainable ...

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New Energy Efficiency Scheme to Start in India
New Energy Efficiency Scheme to Start in India

Wednesday 4th July 2012

THE Indian Power Minister, Sushilkumar Shinde, inaugurated the ‘Perform, Achieve, Trade’ (PAT) scheme in New Delhi today. The PAT Mechanism is an important initiative under the Indian National Mission for Enhanced Energy Efficiency (NMEEE) programme, of the Government of India, under the eight national missions of NAPCC. It is a market ...

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A Major Step Towards a Clean Energy Future for Australia
A Major Step Towards a Clean Energy Future for Australia

Tuesday 3rd July 2012

AUSTRALIA claim they have taken a major step towards a greener future as major CO2 emitters are required to pay for what they emit under a new carbon pricing mechanism. Australia’s carbon price, which started July 1, means that in the year 2020, Australia’s carbon pollution will be at least 159 ...

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Aussie Energy Consumption set to Fall
Aussie Energy Consumption set to Fall

Monday 2nd July 2012

A NEW report released by the Australian Energy Market Operator (AEMO) forecasts reduced energy use across eastern and south eastern Australia. AEMO prediction of a drop in energy consumption is likely to result in the deferral of new electricity generation or transmission network investment for years. The inaugural National Electricity Forecasting Report ...

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The Hidden Cost of Power
The Hidden Cost of Power

Friday 29th June 2012

A STUDY of UK households has revealed the amount of wasted energy from leaving appliances on standby - for the commercial and industiral sectors the losses must be greater. Computers, televisions and other electrical products plugged in but not in use or left on standby cost the UK up to £1.3 ...

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£8m Green Scheme is Major Boost for South West England
£8m Green Scheme is Major Boost for South West England

Thursday 28th June 2012

A NEW £8 million energy efficiency and micro-generation initiative has been launched this month for the South West of England by the UK’s Energy Saving Trust and Regen SW. The initiative – Ready for Retrofit – the £8m programme will help local businesses prepare for the eco-refurbishment of tens of thousands ...

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Rio+20 Focus on Future but Claims of Failure on Sustainability
Rio+20 Focus on Future but Claims of Failure on Sustainability

Wednesday 27th June 2012

THE Rio+20 Conference produced 100 commitments and actions for sustainable energy but environmental groups have still dubbed it a failure. United Nations Secretary General Ban Ki-moon said at the end of the conference: “Sustainable Energy for All provides a powerful model for the future. This initiative is already mobilizing significant action ...

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Energy Savings Boost the Coffers of Provinces
Energy Savings Boost the Coffers of Provinces

Tuesday 26th June 2012

A NEW report reveals that Canadian Provinces who promote energy efficiency and lose tax revenue from reduced sales of energy more than make up the loss due to increased competitiveness. The report from Environment Northeast, a non-profit organisation who promote clean energy and actions to combat climate change, produced the report ...

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Aggressive Energy Efficiency Goals Transform the Building Industry
Aggressive Energy Efficiency Goals Transform the Building Industry

Friday 22nd June 2012

DESPITE significant growth and much publicity, the green construction and technology market has plenty of potential across commercial building stock worldwide.  Today, the spread of sophisticated building automation systems (BAS), which take advantage of the convergence of information technology (IT) data and building data, is helping drive significant growth in ...

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"We need a green, clean revolution."

Wednesday 20th June 2012

THE Climate Group have launched The Clean Revolution Campaign at the Rio+20 Earth Summit, where world leaders shared their visions for a low carbon world with a thriving economy. The Climate Group is an independent, not-for-profit organisation whose aim is to inspire and catalyze leadership for a low carbon future for ...

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EU Deal on Energy Efficiency Directive
EU Deal on Energy Efficiency Directive

Tuesday 19th June 2012

THE European Parliament, Commission and Council agreed a deal on the EU’s Energy Efficiency Directive last week, but as predicted on these pages recently it has fallen short of its initial targets. The initial aim was to achieve 20 percent energy savings by 2020, which the blocs leaders agreed three years ...

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IEA Say Technology Can Answer World's Energy Challenge
IEA Say Technology Can Answer World's Energy Challenge

Friday 15th June 2012

THE International Energy Agency (IEA) this week released a major publication about energy saving technology that they claim will transform the world’s energy systems. The technology has the potential to drastically reduce carbon emissions, enhance energy security and generate a huge investment return according to the IEA. The book, Energy Technology Perspectives ...

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Savings From South Africa's Business Energy Saving Programmes
Savings From South Africa's Business Energy Saving Programmes

Thursday 14th June 2012

ESKOM, the South African utility company, is delighted with the results so far from their energy saving programmes. South Africa’s Independent Online reports that a total of 46 businesses had committed to saving electricity, and so far they have achieved average demand savings of 261 megawatts (MW) during evening peak periods. ...

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Cities Need More Funding for Green Growth
Cities Need More Funding for Green Growth

Wednesday 13th June 2012

IN a new report from the Carbon Disclosure Project (CDP) 82% of cities identify the potential for economic growth as a result of climate change mitigation and adaptation. More than half the participating cities identify opportunities to create green jobs and new business initiatives. Despite the substantial prospects for green ...

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$50 Billion Sustainability Finance from Bank of America
$50 Billion Sustainability Finance from Bank of America

Tuesday 12th June 2012

THE Bank of America yesterday announced a new 10-year, $50 billion environmental business goal to help address climate change, reduce demands on natural resources and advance lower-carbon economic solutions. The Bank has also introduced significant new goals to reduce the environmental impact of its own operations. The new goal, effective from ...

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Bangladesh Businesses get Energy-Efficiency Financing
Bangladesh Businesses get Energy-Efficiency Financing

Monday 11th June 2012

EASTERN Bank Ltd. (EBL) in Bangladesh has developed the first Sustainable Energy Finance loan for the country to help companies implement energy-saving measures and boosting the competitiveness of private enterprises who take out such loans. Eastern Bank developed EBL Green Credit, with assistance from the South Asia Enterprise Development Facility, managed ...

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New Energy Find Could Offset Nearly a Quarter of U.S. Power Use
New Energy Find Could Offset Nearly a Quarter of U.S. Power Use

Friday 8th June 2012

THE U.S. now has a major new source of energy that could rival the contribution made to the economy by natural gas, coal, and nuclear power, according to a report released by the American Council for an Energy-Efficient Economy (ACEEE). The report concludes that up to about a quarter (22 percent) ...

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Improved Energy Efficiency Building Standards for California
Improved Energy Efficiency Building Standards for California

Thursday 7th June 2012

IN a move to reduce energy costs and saving consumers money the U.S. State of California Energy Commission unanimously approved energy efficiency standards for new commercial and residential buildings. "Improving the energy efficiency of buildings in which we will live and work will save Californians energy for decades," said Energy Commissioner ...

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EU Official Speaks Out on Lack of Rio+20 Progress
EU Official Speaks Out on Lack of Rio+20 Progress

Wednesday 6th June 2012

THE EU Commissioner for Environment, Janez Potocnik, has spoken out about the lack of progress in Rio+20 negotiations, highlighting the importance of sustainability. Rio+20 will take place in Brazil on 20-22 June to mark the 20th anniversary of the 1992 United Nations Conference on Environment and Development (UNCED), in Rio de ...

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As Number One Energy Consumer China Must Improve Energy Efficiency
As Number One Energy Consumer China Must Improve Energy Efficiency

Friday 1st June 2012

WITH China being the world's second largest economy, it is no surprise that it has passed the United States as the largest energy consumer - so reports China Daily. The reason for the new number one spot for energy consumption has a lot to do with China also having the world’s ...

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