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Energy Efficiency and Executive Dilemma
Energy Efficiency and Executive Dilemma

Tuesday 8th February 2011

UNLOCKING the benefits of energy efficiency: An executive dilemma - is a new research report produced by the Economist Intelligence Unit highlighting the importance and challenges of energy efficiency for corporations. The report claims that while around half of executives say energy efficiency initiatives have already helped improve their organisation's bottom ...

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A Bright Outlook for Energy Efficiency - Businessweek
A Bright Outlook for Energy Efficiency - Businessweek

Tuesday 8th February 2011

WHEN it comes to green investing and profiting from efforts to curb carbon emissions, stocks of companies that focus on energy efficiency offer better prospects than wind and solar power. This is the conclusion of an article from Businessweek, where they quote Nino Tronchetti Provera, of Milan's Ambienta SGR: "Clean ...

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Energy Efficiency Loans for Jamaican SMEs
Energy Efficiency Loans for Jamaican SMEs

Monday 7th February 2011

THE DEVELOPMENT Bank of Jamaica (DBJ) has embarked on a three-pronged initiative to promote its small and medium-sized enterprises energy loan facility. The initiative, to be undertaken over a 24-month period and is which is financed by the PetroCaribe Fund, will include amongst other items an education campaign to showcase energy ...

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South Korea to have Flexible Carbon Trading
South Korea to have Flexible Carbon Trading

Monday 7th February 2011

SOUTH KOREAN President Lee Myung-bak said today that his government will introduce a carbon emissions trading system with flexibility, taking impact on businesses into account, Yonhap news agency reported. "The government is planning to introduce the emissions trading scheme at an opportune time after thoroughly sounding out the opinions of industries," ...

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Irish Companies Strive for Energy Efficiency
Irish Companies Strive for Energy Efficiency

Saturday 5th February 2011

OVER 50 percent of Irish companies have acted to improve their energy efficiency in the last three years, a new survey by the Sustainable Energy Authority of Ireland (SEAI) reveals. The survey highlights the importance of reducing energy costs and implementing energy efficiency initiatives, demonstrating that businesses on average achieved 12 ...

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Obama's Plan to save Businesses $40 Billion a Year
Obama's Plan to save Businesses $40 Billion a Year

Friday 4th February 2011

U.S. PRESIDENT Obama is following through on his State of the Union address and is getting serious about energy efficiency. He is driving his Better Buildings Initiative, which developed out of his "Better Buildings" program within the Department of Energy, by rolling out three new targets yesterday: improve energy efficiency ...

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EU Leaders Dodge Targets
EU Leaders Dodge Targets

Thursday 3rd February 2011

EUROPEAN UNION (EU) leaders meet in Brussels tomorrow (Feb 4) and are expected to announce a review of energy saving plans but not to the levels called for by many energy and environmental experts. We reported in December that the EU is set to miss its target, leading to stakeholders criticising ...

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Energy Efficient Upgrades in Commercial Properties a Challenge
Energy Efficient Upgrades in Commercial Properties a Challenge

Thursday 3rd February 2011

ENERGY efficient upgrades for the UK’s commercial properties is going to be difficult, warns the head of climate change at Manchester City Council. Speaking at the Retrofit Salford 2011 event, Michael O'Doherty explained adding energy efficiency improvements to commercial properties is more of a challenge than making improvements to residential buildings. He ...

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Banks Needed to Support Europe's Low-Carbon Economy
Banks Needed to Support Europe's Low-Carbon Economy

Wednesday 2nd February 2011

WITH EUROPE suffering with high levels of public sector debt the banking sector will be needed to support Europe’s €2.9 trillion transition to a low-carbon economy. These are the findings of a new report, Carbon Capital, released today from Accenture and Barclays which gauges that the cost of developing, acquiring and ...

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U.S. Energy Institute's Plans Tackle Energy Challenges
U.S. Energy Institute's Plans Tackle Energy Challenges

Wednesday 2nd February 2011

IN AN attempt to get energy back into focus, the U.S. Chamber’s Institute for 21st Century Energy yesterday unveiled their strategy to offer realistic solutions to America’s top energy challenges. The FINANCIAL reports on the five-part plan for the Chamber, which was formulated after Energy Institute officials returned from the first phase of ...

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Energy Efficiency Study for Southeast Asia
Energy Efficiency Study for Southeast Asia

Tuesday 1st February 2011

ENERGY efficiency has been described as the ‘low-hanging fruit’ and a new study in Southeast Asia will highlight the fact. The benchmarking study on energy efficiency investments among countries in the Southeast Asian region is to start in the Philippines this Month. Collaboration between the British Embassy in the Philippines and the ...

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"Game Changer" for Energy Efficiency

Tuesday 1st February 2011

THE UK government's Green Deal will increase the scale and pace of improved energy efficiency, Climate Change Minister Greg Barker told the Retrofit Salford 2011 conference. Barker added that the Green Deal is set to be a "fundamental game changer" explaining: "The coalition (UK government) is absolutely committed to this task. ...

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Viet Nam's Ministries to Strive for Energy Efficiency
Viet Nam's Ministries to Strive for Energy Efficiency

Monday 31st January 2011

VIET NAM’S Prime Minister Nguyen Tan Dung is urging governmental ministries, sectors and grass-root authorities to provide adequate power supply for business production and increased demand. Dung has asked State agencies and offices to present plans to save power, issue regulations on power use, and use energy-efficient equipment and lights. Ministers, heads ...

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Banks to Evaluate Energy Efficiency Projects
Banks to Evaluate Energy Efficiency Projects

Monday 31st January 2011

BULGARIAN banks will, from this year, take part in evaluating energy efficiency projects under the country’s Competitiveness Operational Programme (OP) revealed Bulgarian Deputy Economy Minister Evgeni Angelov. Angelov added that the banks will now review projects proposed by local companies who are seeking funds for energy efficiency schemes, which are expected ...

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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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Romania get Energy Efficiency Funding Boost
Romania get Energy Efficiency Funding Boost

Friday 28th January 2011

THE EUROPEAN Bank for Reconstructions and Development (EBRD) is continuing to support private industrial companies in Romania with a new €10 million loan. The loan is being provided to Raiffeisen Bank S.A. as part of EBRD’s drive to improve energy efficiency in Romanian businesses. Extended under the EU/EBRD Energy Efficiency Financing Facility ...

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Industry to Pay Millions for Energy Efficiency
Industry to Pay Millions for Energy Efficiency

Thursday 27th January 2011

THE INDIAN Power Ministry revealed today that eight industrial sectors would invest Rs 30,000 crore ($6.6 million) to save 10 million tonnes of oil equivalent in the next three years. The Power Ministry has notified the industrial sectors affected; thermal power plants, fertilisers, cement, pulp and paper, textiles, chlor-alkali, iron ...

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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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€165 Million Energy Efficiency Financing for Slovakia
€165 Million Energy Efficiency Financing for Slovakia

Wednesday 26th January 2011

THE EUROPEAN BANK for Reconstruction and Development (EBRD) is adding a further €15 million loan to the €150 million previously in place to help private companies in Slovakia improve energy efficiency. The loan has been made to the UniCredit Bank Slovakia to finance sustainable energy projects under the bank’s Slovakia Sustainable ...

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Energy Saving Body Suffers Funding Cut
Energy Saving Body Suffers Funding Cut

Tuesday 25th January 2011

THE UK government has slashed by half its funding of the Energy Saving Trust (EST), the Guardian newspaper reports. The EST provides grants and advice to businesses, public entities and the public to aid them to reduce their energy use, costs and greenhouse gas emissions. The UK government has said that ...

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EU Commissioner has Ambitious Energy Efficiency Plans
EU Commissioner has Ambitious Energy Efficiency Plans

Tuesday 25th January 2011

EUROPEAN Union (EU) commissioner Gunther Oettinger has outlined an ambitious programme designed to boost the EU's energy role. Speaking today, the German official also said he was "confident" next week's summit of EU leaders will "send a clear signal to accelerate energy efficiency targets". Oettinger, who is responsible for energy policy, detailed ...

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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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Vietnam Ripe for Energy Saving Industry
Vietnam Ripe for Energy Saving Industry

Monday 24th January 2011

IN VIETNAM power outages are becoming more frequent, so many enterprises are looking to use energy-saving technologies and products. Experts are hence predicting that the trend is set to strengthen the country’s energy saving businesses. Huynh Kim Tuoc, director of the Ho Chi Minh City Energy Conservation Center, said saving power helps ...

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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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