February 28, 2008 (Renewable Energy World) –
Moser Baer PV steps up its plans to change the way India receives electricity.
The company, a relatively new entrant in the solar photovoltaic (PV) market, has recently announced a series of new initiatives. These include setting up India’s largest grid-connected solar farm in the sunshine abundant state of Rajasthan, and increasing production capacities.
MBPV announced that it had partnered with the Rajasthan Renewable Energy Corporation (RREC) to set up a solar farm of 1-5 MW capacity in the state. At US $4.5 million per MW, the total investment for this farm will be US $25 million.
March 4, 2008 (Today Online) – Developers of new and green buildings can now tap into a S$20 million fund set up by the Government – a decision that is certain to sit well all-round as oil prices continue to surge.
The fund will partly offset the cost of integrating solar panels into new buildings “which attain a certain level of Green Mark standard”, Mr S Iswaran, the Minister of State for Trade and Industry (MTI) told Parliament yesterday. Continue reading
February 26, 2008 (The Australian) – A move to develop a national agenda to create a multi-billion-dollar industry producing liquid transport fuels from coal and gas will be launched today by the Rudd Government.
Resources Minister Martin Ferguson will use a conference in Brisbane to set the scene for gas and coal offsetting Australia’s huge and growing oil import bill.
Australia last year spent $7.5 billion on energy imports, more than it gained from selling oil, gas and coal overseas.
The country has only about eight years of oil at current rates of extraction but more than 100 years of gas and about 600 years of coal. 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 (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 19, 2008 (Sydney Morning Herald)- The Sun King has had a vision, but the NSW Government has its own ideas. Zhengrong Shi, the Australian-trained solar energy scientist who has in seven years gone from an academic position at the University of NSW to become the richest person in mainland China, yesterday called on the Government to intervene in the state’s energy market and subsidise solar panels on houses.
Dr Shi urged the Premier, Morris Iemma, to adopt a system of “feed-in tariffs”, in which people who generate solar energy at home can sell it back to the state grid at more than the market rate. Variations of the system work successfully in most European nations, Canada, Japan and China, leading to large increases in the number of people using solar power.