Tuesday, 30 October 2012

In this weeks news...


Does Carbon Neutrality Matter At 1,000 MPH?

Apparently, it does. The Bloodhound SSC, which generates an astonishing 47,000 pounds of thrust through a rocket motor fed by an F1 engine used as a fuel pump, will go carbon neutral for its land speed record attempt, the team announced today. How, exactly, does a hydrocarbon-spewing monster with no practical purpose manage to go carbon neutral? Through sponsorship from a carbon offset company, of course. Carbon Neutral Investments (CNI) has signed on to help offset the plumes of rocket smoke that will be generated in the Bloodhound's further testing, and, ultimately, in the land speed record run itself. With CNI, we go above and beyond that ambition by partnering with a world leader in carbon off-setting with very specialist experience in high-octane ventures, providing the perfect fit for making the project carbon neutral." To read this article in full click here


Pig farm first to tap into carbon credits

A New South Wales piggery has become the first in Australia to turn its manure into carbon credits, earning it as much as $150,000 a year. Blantyre Farms, near Young in the state's south-east, spent almost $1 million on a biogas generator that captures methane from the manure, turns it into electricity and exports it to the national grid. It has turned the farm's monthly power bill of $15,000 into a $5000 credit. There is a further windfall from carbon credits awarded to the farm for the greenhouse gas emissions it avoids by capturing and burning the methane. “The whole purpose for us was to eliminate our electricity bill,” farmer owner Edwina Beveridge said. “We were lucky that we fit so well into the carbon initiative scheme." To read this article in full click here



Carbon traders prepare for global market expansion

The International Emissions Trading Association (IETA) has today launched an initiative designed to ensure businesses are adequately prepared for the rollout of new carbon markets in countries around the world. The new Business Partnership for Market Readiness (B-PMR) will run alongside the World Bank's Partnership for Market Readiness initiative, which provides funding and technical assistance to help developing countries devise carbon trading schemes. Up to 15 developing countries are currently working with the World Bank programme to develop emissions trading schemes, including Chile, China, Columbia, Costa Rica, Indonesia, Mexico, Thailand and Turkey. In addition, a host of industrialised and emerging economies are similarly working on plans for new carbon markets, including South Korea, Vietnam, Japan, Australia and California. To read this article in full click here

100% of US Energy Projects Installed During September were Solar or Wind

The Federal Energy Regulatory Commission (FERC) has just released the latest version of the “Energy Infrastructure Update” from its Energy Projects Office. The new report shows that a total of 433MW of new electricity generation capacity was installed in the US during the month of September, and the amazing thing is that all was in the form of solar or wind power projects. The 5 wind projects with a capacity of 300MW, and 18 solar energy projects with a capacity of 133MW, mean that so far this year a total of 77 wind projects (4,055MW), and 154 Solar projects (936MW) have been installed. That is on top of 76 biomass projects (340MW), 7 geothermal plants (123MW), 10 water power projects (9MW), and just one waste heat project (3MW). To read this article in full click here


Nokia plants the idea of a greener planet 

Nokia has long been known as one of the most green and eco-friendly companies in the world, it’s one of the many reasons we trust the products they make. It’s a philosophy that is ingrained in everything they do. So, what are the kinds of things do Nokia do to help keep down its carbon footprint and also help others think more efficiently? Why recycle: Nokia phones worth more than iPhone, Samsung, HTC
In Beijing, for example, Nokia arranges over 70 different bus lines from different parts of the city to help people get to work. This helps reduce the number of cars on the road and reduce the carbon footprint.
Often, the best parking spaces are reserved for schemes car pooling schemes, while promoting cycling to work by providing cycle storage and changing rooms, workers can get healthy while saving on carbon emissions. To read this article in full click here


We'll Go 100% Renewable Energy, Says ... Saudi Arabia

Prince Turki Al Faisal Al Saud, one of Saudi Arabia’s top spokesmen, has confirmed that Saudi Arabia has plans to generate 100 percent of its power from renewable sources and low-carbon forms of energy. Currently Saudi Arabia produces nearly all of its energy from fossil fuels, with two-thirds coming from oil and the rest from natural gas. The kingdom is exploring its renewable-energy options, of which solar energy is expected to play a large part. It has also signed a memorandum of understanding with Argentina to develop nuclear power. Prince Turki said that the nation’s vast oil reserves, one-fifth of all global reserves according to the IEA, will be used to create other goods such as plastics and polymers, rather than burned in power plants. To read this article in full click here

t: +44 (0) 20 3384 8680