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Breaking Article - Posted 32 hrs ago
European Spending on Energy Efficient Building Technologies to Rise to $112Bn
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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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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, ...
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. ...
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, ...
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: ...
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. ...
Thursday 2nd June 2011
IT seems wrong to try and draw positives from Japan’s terrible disaster in March this year, but energy efficiency companies are winners according to one Asset Management CEO. Bloomberg report that Ian Simm, Impax Asset Management Group Plc Chief Executive Officer, stated that energy-efficiency companies are the “stand-out” winners after Japan’s ...
Thursday 2nd June 2011
BRITISH Bank Lloyds TSB Commercial claim that SMEs will miss out on a potential £5.7 billion of economic growth over the next three years if they fail to address sustainability. The bank, which questioned over 1,500 British businesses with a turnover of less than £15 million, discovered the majority of small ...
Wednesday 1st June 2011
SOUTH African Development Community (SADC) Ministers are increasing efforts to promote economic development through energy efficiency to combat power shortages. Africa accounts for only 6 percent of the world’s energy consumption and 3 percent of the electricity generated, despite making up 13 percent of the world population. With SADC representing most ...
Wednesday 1st June 2011
INDIA’S economy is growing between 8 to 9 percent annually, spurring its ambition to become an economic power but making it the world’s third heaviest carbon polluter as energy demand rises. India’s greenhouse gas emissions will continue to rise as they look to improve power supply across the whole country, ...
Monday 30th May 2011
THE first global analysis of energy consumption in electric motor- driven systems (EMDS) has been presented in a new report by the International Energy Agency (IEA). Electric motors are used in a wide range of industrial systems, but also in many types of applications (such as pumps and compressors) in the ...
Monday 30th May 2011
THE Filipino government is pursuing a number of policies to secure energy supply, including the enhancement of energy efficiency in the public and private sectors. Antonio Labios, the Filipino Department of Energy (DoE) Visayas Director, underscored the importance of this policy objective during the recent national training-workshop on energy efficiency and ...
Friday 27th May 2011
THE Punjab Government, India, have announced an energy efficiency policy for public premises that will see equipment and lighting switched off or dimmed. Approval has been given for the policy by senior ministers, leaving the Services & General Administration Department, the Industries department, Divisional Commissioners and District Coordination Officers to start ...
Friday 27th May 2011
AN ENERGY Efficiency Fund that could total €800 million has been seeded by €205 million committed by the European Commission, European Investment Bank (EIB) and Deutsche Bank. The money is going into the European Energy Efficiency Fund which provides financing either directly, or through financial institutions to energy efficiency projects, plus ...