Importance of Clean Diesel Technology To Reduce Greenhouse Gases Highlighted At Global Climate and Clean Air Event in Sweden

Importance of Clean Diesel Technology To Reduce Greenhouse Gases Highlighted At Global Climate and Clean Air Event in Sweden on Environmental Expert
The international importance of reducing greenhouse gas emissions with the use of clean diesel technology was highlighted by U.S. Secretary of State Hillary Clinton during a special event hosted by the Climate and Clean Air Coalition in Stockholm, Sweden on June 3.  This follows other recent international forums like the G-8 Summit and Bonn Climate Change Conference where the goal of reducing emissions is garnering attention at the highest policy levels in the U.S. and international stage.  Secretary Clinton stated that 'we know we cannot solve this crisis without the active cooperation and, indeed, the leadership of the private sector, particularly oil and gas companies, makers of diesel trucks, green tech companies that can help turn methane from landfills into clean energy.'

How Chicago plans to lead in commercial building energy efficiency

How Chicago plans to lead in commercial building energy efficiency | GreenBiz.com
Today Mayor Rahm Emmanuel announced plans to tackle one of the biggest sources of greenhouse gases in Chicago (or any city), and a key part of the city's economy at the same time -- the energy we use in commercial buildings. With the mayor's leadership, 14 of the biggest and most recognizable downtown buildings have signed up to be leaders in creating a leaner, cleaner and more sustainable and affordable city, by curbing their energy use by at least 20 percent over the next five years.  This initiative is smart business for Chicago. It cuts one of the biggest expenses for most property owners by using less energy. And it eliminates vast amounts of carbon pollution by cutting down overall energy use -- that's less coal and natural gas burned with all the associated impacts the quality of our air...

RGGI States Cut CO2 By 23 Percent In First Three Years

RGGI States Cut CO2 By 23 Percent In First Three Years | ThinkProgress
A three-year summary of America’s first carbon trading program was released yesterday. The news is pretty good for anyone who cares about reducing carbon emissions; it’s inconvenient for anyone hell-bent on preventing America from implementing a carbon pricing plan.  According to the program administrator of the Regional Greenhouse Gas Initiative (RGGI) — a nine-state cap-and-trade market established in the Northeast in 2008 — average annual CO2 emissions have fallen by 23 percent compared to emission levels before the start of the program:

Sustainability Indicator: 81% Domestic Energy

Sustainability Indicator: 81% Domestic Energy - Bloomberg
Today's sustainability indicator, 81 percent, is the proportion of U.S. energy demand met from domestic sources last year, making it the most self-sufficient the county has been for almost 2 decades. Oil accounts for almost all imported U.S. energy.

This month's indicators:
59 percent: proportion of emissions-reductions efforts that pay for themselves in 3 years.
$10 billion: annual savings on U.S. electric bills from new lightbulb standards.
30: large power plants it takes to produce electricity equivalent to the lightbulb savings.
63 percent: surge in new solar capacity added in Europe last year.
57 percent: potential decline in new solar capacity in 2012 amid economic uncertainty.
$71 billion: investment by oil industry to develop low-emission biofuels in the last decade.
$43 billion: investment by U.S. government over the same duration...

Harmonic Energy Initiates Technology Review for Carbon Credits

Harmonic Energy Inc. (otcqb:ASUV) ASUV +60.00% is a company focused on tire manufacturing and recycling, using an innovative approach to energy efficiency and sustainability. Harmonic is honored to announce that it has initiated a technology equipment review for carbon credits earned through the use of its environmentally friendly recycling process.  Harmonic Energy will be working with a leading engineering firm that specializes in the development of carbon offset projects around the globe. They specialize in the adaptation and implementation of new lower emissions technology which reduce carbon pollution and energy losses. They have worked with the technical committee within the European Committee for Standardization (CEN). They are also very familiar with the Emissions Trading Scheme (EU-ETS) which may become the most significant environmental legislation.

EPA Allows Some States to Use Emissions Trading in Cross-State Rule to Reduce Haze

The Environmental Protection Agency will allow a number of states to use the emissions trading program under the Cross-State Air Pollution Rule to reduce regional haze as an alternative to requiring best available retrofit technology for power plants.  EPA has determined that the cross-state rule will result in greater visibility improvements than best available retrofit technology.  The agency is issuing a regional haze final rule that also includes limited disapprovals of implementation plans for 14 states because those states relied on the cross-state rule's precursor program, the Clean Air Interstate Rule, to reduce emissions leading to the formation of haze.

Warm forecasts drive up US natgas futures for 2nd day

U.S. natural gas futures were higher for the second straight day on Tuesday in reaction to tight supply and demand fundamentals and to forecasts for warm weather in the Northeast and Midwest later this week and next week. The weather forecasts, particularly in the Northeast, will likely boost air conditioning demand. That plus supportive supply-side data last week on production, drilling and storage, had some traders expecting prices to be relatively well-supported at current levels.

Price Tag on Climate Change in Latin America: $100 Billion

Damage from climate change could cost Latin American and Caribbean countries $100 billion per year by 2050 if average temperatures rise 2C (3.6F) from pre-industrial levels, as is seen likely, a new report said on Tuesday.  The region accounts for only 11 percent of global greenhouse gas emissions, but it is considered particularly vulnerable to impact from climate change due to its geographic location and reliance on natural resources, the report commissioned by the Inter-American Development Bank said.  The development bank released the study days before Brazil hosts the UN's Conference on Sustainable Development, the Rio+20 on June 20-22.

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sCER	Dec 2012	3.38	-0.06

 

 

 

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Wind Tax Credits Vital to Energy Independence, Rove Says

Renewal of federal tax credits for wind energy can save U.S. jobs and reduce dependence on foreign oil, according to Karl Rove, an adviser to former President George W. Bush.  “We’ve got a growing economy that’s increasing energy consumption and wind energy should be part of the solution,” Rove said today on a panel at a wind conference in Atlanta. Extending the so-called production tax credit “should be a priority.”  A bill to extend through 2016 the 2.2-cent-a-kilowatt-hour credit for electricity produced by wind turbines, biomass, geothermal and landfill-gas plants has stalled in congress along with about 100 other expiring tax-related incentives.  The tax credit is one of the major topics of debate this week as executives gather for the Windpower 2012 annual conference.

EU Won’t Discuss Carbon Roadmap Next Week, Official Says

The option of European Union nations backing a carbon-cut strategy up to 2050 was dropped from the agenda of June 11 ministerial meeting after Germany concluded it was unlikely to win unanimous support, an EU official said.  The possibility of adopting a declaration on the Low-Carbon Roadmap was originally added to the draft agenda at th request of Germany, said the official, who spoke on condition of anonymity. A ministerial statement on the strategy paper would need support from all 27 EU member states.

Australia Pauses Approval for GVK’s $10 Billion Coal Mine

Australia halted its federal environmental review of a $10 billion coal mine owned by India’s GVK Group (GVKP) in Queensland’s Galilee Basin because of a disagreement with the state government.
“I am stopping the clock on the process which has been given to us by the Queensland government,” Tony Burke, Australia’s federal minister for sustainability and environment, said, according to a recording provided by his office. He said he’s seeking further information.  Queensland’s state government and the Australian government were to have jointly reviewed the project as part of a bilateral agreement. Queensland on May 29 conditionally approved the venture, which is 21 percent owned by Asia’s richest woman Gina Rinehart’s Hancock Prospecting Pty.  “We have no interest in a slow process and slow time lines but we are not willing to compromise environmental standards,” Bourke said.