The following was published on December 5, 2012. By Ron Mahabir
SINGAPORE SHOULD INVEST MORE HEAVILY IN CLEANTECH
AS WE speed dangerously along the highway of global economic growth, it has become awfully clear that we are headed for major accidents in food, water and other resource shortages, as well as increasing environmental disasters.
We just have had way too many red alerts in recent years including Fukushima, Gulf of Mexico, Katrina, floods and heat waves to not take these a great deal more seriously. It is probably more than coincidence that 2012 is on track to be the hottest year in the United States and Hurricane Sandy was the largest Atlantic hurricane on record. Continue reading
Posted in ADB, Biofuels, Biogas, Clean Energy, Cleantech venture capital, Climate Change, Green Building, Green chemicals, Hybrid, Hydro, India, Indonesia, Japan, Korea, Malaysia, Myanmar, Renewable Energy, Singapore, Small-hydro, Solar, Solar Thermal, Thin-film Solar, Wind
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 hope to encourage private finance to follow suit, the newspaper said without identifying its sources.
The British government last year announced 800 million pounds in support for the fund over three years, while the United States said this year it would provide $2 billion, also over three years, the Nikkei said. Continue reading
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, which also forms part of a national road map for promoting technological development, by the world’s major polluters could account for as much as 60 percent of the 40 billion ton cut in global emissions by 2050 that Japan has proposed, the sources said.
The government is set to announce the plan at a meeting of ministers from 20 countries on global warming to be held in Chiba starting March 14. Continue reading
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 line: “Why should we bother fighting climate change when China’s emissions are increasing?”
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
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 in an e-mailed statement. Permission was granted by the Ministry of Environment and the Ministry of Economy, Trade and Industry, it said.
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 of renewable energy doubling to 20 per cent of the national electricity mix by 2020, carbon dioxide emissions from coal-fired electricity are projected to rise from 1990 levels of 129 million tonnes a year to 204 million tonnes. Continue reading
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 they had done “virtually nothing” toward reducing greenhouse emissions.
The $420 million solar plant will be built at a yet to be determined site in the Swan Hill and Mildura region in Victoria’s north, and should generate enough power for 45,000 homes every year, without creating any greenhouse emissions.