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EU add ETS Option to new Energy Efficiency Law
EU add ETS Option to new Energy Efficiency Law

Tuesday 21st June 2011

THE European Union (EU) looks to have ended the internal dispute over a new energy efficiency law and the impact it would have on its Emission Trading Scheme (ETS). We reported last week the howls of protest from certain sectors of the EU regarding the new law with claims that it ...

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Australian Government could have saved $75 Million through Energy Saving
Australian Government could have saved $75 Million through Energy Saving

Monday 20th June 2011

The Australian Federal Government is trying to reach an agreement on a carbon price, but The Sydney Morning Herald claims the Government has shelved some of its own key energy efficiency commitments. The paper states that they have failed to publish an annual update on its energy use since 2007-08. It ...

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Finance Incentives Key to Building Energy Efficiency
Finance Incentives Key to Building Energy Efficiency

Monday 20th June 2011

Availability of financing and incentives are among the key elements to driving increased energy efficiency in buildings, according to leaders who attended the North America Energy Efficiency Forum. The forum, co-sponsored by Johnson Controls and the U.S. Energy Association, examined how advanced efficiency technologies, energy policies and consumer education can ...

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Big Business calls for Tougher EU Emission Reductions
Big Business calls for Tougher EU Emission Reductions

Friday 17th June 2011

OVER 70 major companies have called on the European Union (EU) to increase its 2020 greenhouse gas emissions reduction target to 30 percent. The declaration has been orchestrated by WWF, The Climate Group and the University of Cambridge Programme for Sustainability Leadership, has been signed by such corporations as British Telecom ...

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Chinese Revitalises Energy Efficiency
Chinese Revitalises Energy Efficiency

Friday 17th June 2011

CHINA is revitalising its interest in energy saving and efficiency, in response to power shortages and blackouts this year, along with longer-term security worries about dependence on energy imports. The importance of reemphasising energy efficiency comes as China's construction industry continues to drive forward at breakneck speed. In 2010, China used ...

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Survey Reveals Commercial Building Owners push for Energy Efficiency
Survey Reveals Commercial Building Owners push for Energy Efficiency

Thursday 16th June 2011

ACCORDING to the fifth annual, global Energy Efficiency Indicator survey rising energy prices, enhanced public image and governmental incentives are driving energy efficiency in buildings to new heights. The survey of nearly 4,000 building owners and operators around the world was led by Johnson Controls’ Institute for Building Efficiency, the International ...

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Unrest over EU Energy Efficiency and Carbon Trading Policies
Unrest over EU Energy Efficiency and Carbon Trading Policies

Thursday 16th June 2011

Peter Vis, a senior European Commission official, has broken with protocol to warn that the European Commission's draft Energy Efficiency Directive could "undermine" the bloc's carbon market, EurActiv report. It is extremely rare for Commission officials to comment on draft EU laws, but Vis said yesterday that new binding rules Günther ...

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Almost Half of UK's Biggest Companies Failing on Carbon Targets
Almost Half of UK's Biggest Companies Failing on Carbon Targets

Wednesday 15th June 2011

ALMOST half of the top companies in the UK have not set targets for reductions in greenhouse gas emissions, despite legislation over the last few years, reveals a study by the Carbon Trust. The Guardian newspaper reports that these leading businesses either lack numerical targets or their targets have expired and ...

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Mixed Nuclear Message from Japan - but Energy Efficiency Needed
Mixed Nuclear Message from Japan - but Energy Efficiency Needed

Wednesday 15th June 2011

JAPAN’S Minister of Economy, Trade and Industry Banri Kaieda pledged to do his "utmost" to get nuclear reactors operational, adding nuclear power will remain a core energy source for Japan. Kaieda’s pledge came during a government panel meeting earlier this month and has come to light through previously undisclosed minutes of ...

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Australia Lags on Clean Energy and Energy Efficiency
Australia Lags on Clean Energy and Energy Efficiency

Tuesday 14th June 2011

THE AUSTRALIAN Federal Government today released new reports that clearly show Australia is not acting alone or ahead of other countries when it comes to action on climate change. Fact sheets prepared by the Australian Department of Climate Change and Energy Efficiency show many countries, including all the major emitters, are ...

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U.S. DOE in Partnership to Expand Commercial Building Energy Efficiency
U.S. DOE in Partnership to Expand Commercial Building Energy Efficiency

Tuesday 14th June 2011

U.S. Energy Secretary Steven Chu announced a partnership with The Appraisal Foundation as part of the administrations target to improve commercial building energy efficiency by 20 percent by 2020. The partnership aims to expand access to energy efficiency and building performance information for commercial buildings and help American businesses to reduce ...

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Insurance Giant's Investment Arm Targets Energy Efficiency Growth
Insurance Giant's Investment Arm Targets Energy Efficiency Growth

Monday 13th June 2011

LEGAL & General Investments announces the launch of the Global Environmental Enterprises Fund, a passively managed fund aimed at profiting from the evolution to a lower carbon economy. Legal & General Investments has partnered with Osmosis Investment Management on this fund. Osmosis is an independent specialist investment firm with a deep ...

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EU Minister Want Voluntary Energy Efficiency Targets
EU Minister Want Voluntary Energy Efficiency Targets

Monday 13th June 2011

EUROPEAN Union (EU) Energy Ministers said friday, that efforts to improve energy efficiency in the 27-Member States should include voluntary rather than binding national targets. The EU set a 20 percent boost in energy efficiency by 2020 target but the European Commission (EC) projected it will fail and will reach ...

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Pakistan Promotes SME Energy Efficiency
Pakistan Promotes SME Energy Efficiency

Friday 10th June 2011

A MEMORANDUM of Understanding has been signed in Pakistan between SME Leasing and SME Business Support Fund, subsidiaries of the same bank, to encourage and promote energy efficiency. Both parties are working together to develop energy efficiency in small to medium enterprises (SMEs) in Pakistan through raising awareness and promote the ...

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Ukraine get $200 Million Energy Efficiency Boost
Ukraine get $200 Million Energy Efficiency Boost

Friday 10th June 2011

The State Export-Import Bank of Ukraine JSC has borrowed $200 million from the World Bank to improve energy efficiency across the country. Bloomberg report that World Bank Country Director for Ukraine, Belarus and Moldova, Martin Raiser, said in an e-mailed statement.: “To reduce Ukraine’s energy intensity by 50 percent by 2030, as ...

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Japan needs to plan for more Energy Efficiency and Renewables
Japan needs to plan for more Energy Efficiency and Renewables

Thursday 9th June 2011

BLOOMBERG New Energy Finance report that Japan should become a global leader in energy efficiency and renewable energy as it rebuilds its power infrastructure after the disaster in March. The Fukushima Nuclear Reactor disaster and resultant energy crisis in Japan, opens the way for the country to embrace a fully rounded ...

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India's SMEs to get Energy Efficiency Subsidy
India's SMEs to get Energy Efficiency Subsidy

Thursday 9th June 2011

THE Indian Micro, Small and Medium Enterprises Ministry (MSME) is soon to provide subsidies for businesses who make energy efficient improvements. Shyam Agarwal, Additional Secretary and Development Commissioner for MSME, said today that, "If by adoption of certain measures you can reduce your consumption of energy by 15 percent you get ...

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UK Low-Carbon Projects at Risk
UK Low-Carbon Projects at Risk

Wednesday 8th June 2011

THE UK Government risks failing to achieve emissions reduction targets despite its ambition, according to the Confederation of British Industry (CBI). 
Launching its latest Climate Change Tracker today, the CBI said the UK Government had set the wheels in motion in a number of key areas, including providing more clarity on ...

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Nova Scotia Target Government Buildings for Energy Efficiency Upgrades
Nova Scotia Target Government Buildings for Energy Efficiency Upgrades

Wednesday 8th June 2011

NOVA Scotia is investing $10 million to improve the energy efficiency of government-owned buildings, which will save energy and money and protect the environment. “Nova Scotians want their government to take action toward a more sustainable future and lead the way to a healthier economy and environment,” said Bill Estabrooks, Minister ...

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France Calls for Smart Grid Deveopment
France Calls for Smart Grid Deveopment

Tuesday 7th June 2011

THE French Government called yesterday for submissions for developing smart grid technology, to improve the allocation of power resources. €250 million ($364 million) of governmental funds have been set aside for smart grid systems. The French Government announced: "The power network must guarantee at all times the balance of supply and demand. ...

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Help for EU Industries to Reduce GHG Emissions
Help for EU Industries to Reduce GHG Emissions

Tuesday 7th June 2011

EUROPEAN energy-intensive manufacturing industry is facing significant added costs based on their green house gas (GHG) emissions with the introduction of the EU Emissions Trading Scheme (EU ETS). The European Commission is calling for proposals to help GHG intensive industries reduce their Trading Scheme costs, which starts in January 2013, ...

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Lebanon Introduces Green Building Rating System
Lebanon Introduces Green Building Rating System

Monday 6th June 2011

THE Lebanon Green Building Council, with support from International Finance Corporation (IFC), a member of the World Bank Group, have launched ARZ, a rating system that will evaluate the energy efficiency of commercial buildings. The rating system is designed to encourage better resource management, decreasing energy costs and addressing climate change. ...

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Tamil Nadu use Energy Efficiency to Cope with Power Outages
Tamil Nadu use Energy Efficiency to Cope with Power Outages

Monday 6th June 2011

THE Chief Minister J.Jayalalithaa of Tamil Nadu today has requested Indian Prime Minister, Manmohan Singh, to allocate more power to the Southern State as they are currently outstripping their supply. Jayalalithaa sent a letter to the Prime Minister, in which she said: 'Due to increasing demand and stagnant generation of power, ...

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Hong Kong Promotes Energy Efficiency
Hong Kong Promotes Energy Efficiency

Friday 3rd June 2011

Hong Kong’s Secretary for the Environment, Edward Yau, is looking to energy efficiency to reduce the energy demand and greenhouse gas emissions (GHG) across all districts. Yau revealed that almost 90 percent of Hong Kong’s electricity consumption is from buildings, contributing around 60 percent of the city’s GHG emissions. Yau said: ...

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Cities to Reduce CO2 Emissions
Cities to Reduce CO2 Emissions

Friday 3rd June 2011

FROM London through Los Angeles and onto Sydney cities are working hard to become energy efficient, amongst other environmental measures, to reduce greenhouse gas emissions. The Mayors of 58 of the world’s largest cities have come together at the C40 Cities Summit, in Sao Paulo, Brazil, over the past three days. ...

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