Energy Saving News
Monday 27th June 2011
COMPANIES in Wellington, New Zealand are being offered an added bonus of up to NZ$1,000 to improve energy use, under a partnership between Government and Wellington City Council announced today.
Last month the New Zealand Government launched its Energising Business programme to help Kiwi businesses cut energy costs. Under the scheme, ...
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Friday 24th June 2011
MALAYSIA is in the final stages of formulating a National Energy Efficiency Master Plan, that is expected to have a major impact on the country.
Datuk Sri Peter Chin, Malaysian Minister of Energy, Green Technology and Water, announced the news of the master plan, which is intended to be the catalyst ...
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Friday 24th June 2011
CHINA has been setting impressive energy efficiency targets in the face of a rocketing economy and progress, and has now offered further funds for energy efficiency rewards to industry.
The Chinese Ministry of Finance said today that the Government will continue to allocate funds for rewards to enterprises who upgrade their ...
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Thursday 23rd June 2011
AUSTRALIAN energy prices are climbing rapidly, and the countries businesses are beginning to take evermore interest in improving energy efficiency.
Sean Lucy, Head of Origination, Environmental Finance Solutions at the National Australia Bank (NAB), writing for Climate Spectator states that now is the perfect time for business leaders to engage with ...
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Thursday 23rd June 2011
THERE was disappointment yesterday after the failure of the EU Environmental Council to reach an agreement on emission reduction targets from 20 percent to 30 percent by 2020.
Chris Huhne, UK Energy and Climate Change Secretary, said after the meeting, “I’m deeply disappointed that the only country in the EU that ...
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Wednesday 22nd June 2011
THE Asian Development Bank (ADB) is urging countries in the Asia-Pacific region to invest in energy efficiency and clean energy to benefit from the resulting economic gains.
Haruhiko Kuroda, ADB President, said today in a speech at the opening of the 6th Asia Clean Energy Forum in Manila, that investment in ...
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Wednesday 22nd June 2011
THE European Commission have proposed a new law to push the public and private sector organisations to save energy, putting the EU on track for 20 percent savings by 2020.
The European Commission, the executive arm of the European Union (EU), said in a statement today: "If nothing changes in the ...
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Tuesday 21st June 2011
PAKISTAN plans to publicise an energy efficiency framework law this year with the view of making substantial annual energy savings, sources revealed yesterday.
Sources from within Pakistan’s Planning Commission revealed to the local press that the framework law carried the potential of dramatic savings in the beleaguered energy supply through improved ...
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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