March 3, 2008 (Reuters) – The fund, to be set up jointly with the United States and Britain, is expected be the largest ever of its type, with total investment of about 500 billion yen ($4.82 billion), the Nikkei said.
By investing in technologies such as wind and solar power in less developed countries, participating governments [...]
Archive for the ‘Climate Change’ Category
Japan may invest $1.93 billion in climate fund
Posted in Clean Energy, Cleantech venture capital, Climate Change, Japan, Solar, U.K., U.S., Wind on March 5, 2008 | 2 Comments »
Japanese govt to push high-tech ways to reduce CO2
Posted in Carbon Offset, Carbon capture, Clean Energy, Climate Change, Energy Efficiency, Japan, Legislation, Solar on March 3, 2008 | Leave a Comment »
March 2, 2008 (Daily Yomiuri) – The government and business groups are set to jointly promote the use of 21 revolutionary new technologies, such as an advanced form of solar-power generation and underground storage of carbon dioxide emissions, as part of a plan to cut greenhouse gas emissions, government sources said Saturday.
Adoption of the plan, [...]
China Goes Climate Cool
Posted in Air Pollution, Carbon Credits, China, Clean Energy, Cleantech venture capital, Climate Change, Conservation, Emissions Reduction, Energy Efficiency, Hydro, Legislation, Renewable Energy, Solar, Solar Thermal, U.S., Wind on March 3, 2008 | Leave a Comment »
Spring 2008 (YES! Magazine, Anna Fahey) – Last summer, Chinese President Hu Jintao toured the country in short sleeves to show that his countrymen could turn their air conditioners down. In China, conservation is “in.” Fashions do change.
Global warming denial is out of vogue. Unfortunately, though, the climate change do-nothing set is sporting a new [...]
Lehman starts emissions trading in Japan, will sell UN credits
Posted in Carbon Credits, Clean Energy, Climate Change, Japan, Renewable Energy on February 26, 2008 | Leave a Comment »
February 26, 2008 (Bloomberg) – Lehman Brothers Holdings Inc., the fourth-largest U.S. securities firm, said it would trade United Nation emission credits in Japan, the first non-Japanese bank to win permission to buy and sell the environmental products there. Lehman has opened an account in Japan’s emissions registry, an ownership tracking system, the bank said [...]
Thirst for electricity threatens Australian targets
Posted in Australia, Carbon Credits, Carbon Offset, Clean Energy, Climate Change, Coal, Legislation, Renewable Energy on February 26, 2008 | Leave a Comment »
February 26, 2008 (Canberra Times) – Australia’s rapidly escalating electricity consumption remains the biggest risk to meeting its Kyoto treaty targets, a new Federal Government report warns. A Department of Climate Change analysis of national greenhouse emission trends estimates Australia’s emissions from electricity use will increase 59 per cent on 1990 levels by 2020.
Despite use [...]
Victoria to get solar power plant
Posted in Australia, Clean Energy, Cleantech venture capital, Climate Change, Solar on February 25, 2008 | Leave a Comment »
February 25, 2008 (The Age) – A project to build a solar power plant in Victoria with $79.5 million promised by the former Howard government has been launched by new Climate Change Minister Penny Wong. Despite the former Howard government committing the money to the project she was launching, Ms Wong attacked her predecessors, saying [...]
India’s carbon market is booming
Posted in Biomass, Carbon Credits, Clean Energy, Climate Change, Hydro, India, Wind on February 18, 2008 | Leave a Comment »
February 15, 2008 (Financial Express) – India’s carbon market is growing faster than even information technology, bio technology and BPO sectors as 850 projects with an investment of a whopping Rs 65,000 crore are in pipeline. The revenue from 200 projects is estimated at $2 billion till 2012, according to Prodipto Ghosh, member of the [...]
Carbon Credits for Commercial Forests in New Zealand
Posted in Carbon Credits, Carbon Offset, Climate Change, Conservation, Legislation, New Zealand on February 14, 2008 | Leave a Comment »
February 14, 2008 (New Zealand Herald) – Ministers and officials are grappling with some thorny issues over how to parcel out more than $1 billion worth of free carbon credits to the owners of commercial forests planted before 1990. They ought to have better things to do with their time.
Under the rules of the Kyoto [...]
Japanese government to draft plan to boost green businesses
Posted in Air Pollution, Carbon Credits, Clean Energy, Cleantech venture capital, Climate Change, Emissions Reduction, Japan, Recycling, Renewable Energy, Solar, Waste Management on February 13, 2008 | Leave a Comment »
February 11, 2008 (Yomiuri Shimbun) – The Economy, Trade and Industry Ministry plans to expand the nation’s environment-focused business sector to about 83 trillion yen in 2015, from 59 trillion yen in 2005, sources said. In June, the ministry plans to draw up policies to achieve this target that will include proposals for popularizing environmentally [...]
StatoilHydro and ONGC cooperate (India)
Posted in Carbon Credits, Carbon Offset, Carbon capture, Clean Energy, Cleantech venture capital, Climate Change, Coal, India on February 12, 2008 | Leave a Comment »
February 9, 2008 (The Norway Post) -
StatoilHydro and the Indian oil company ONGC have agreed to jointly explore the potential of developing Carbon Capture and Storage (CCS), and CDM (clean development mechanism) projects in India.
A memorandum of understanding has been signed by StatoilHydro’s Mrs Alexandra Bech Gjørv, Senior Vice President New Energy, and Mr Michel [...]