Monday, 3 December 2012

In this weeks news...


Lamborghini Working To Protect The Environment 

When it comes to automakers that are perceived to be “green,” Lamborghini probably isn’t the first company  to come to mind. After all, it’s product line consists exclusively of supercars like the Gallardo and Aventador, powered by V-10 and V-12 engines. In fact, it’s the first automaker to sign a collaboration agreement with the Italian Ministry of the Environment and of Land and Sea Protection. In it, Lamborghini agrees to work with the agency to develop methods of analyzing, quantifying and recording the company’s carbon footprint. Obviously, this extends beyond the vehicles built to include the various processes used in vehicle production. Ultimately, the goal will be to reduce or eliminate carbon dioxide emissions produced during the manufacturing process. To read this article in full click here

Renewable energy could power Australia 

Australia could be powered almost entirely by renewable energy in coming decades, says a new report.
But the renewables expansion needs to be large and sustained with investment growth encouraged by policy certainty, says the report, "Generating a Renewable Australia" from the Climate Commission.
The release of the report Monday in Sydney coincided with the opening of the U.N. Climate Change Conference in Doha. It also follows the appointment, announced over the weekend, of former Macquarie Group investment banker Oliver Yates as chief executive of the Clean Energy Finance Corp., the organization charged with funding development of Australia's renewable energy sector, with an annual budget of $2 billion. To read this article in full click here

Africa Carbon Credit Exchange to be launched 

ACCE’s vision is to create a global market mechanism that enables cost-effective greenhouse gas emissions reduction and a vibrant carbon offset market. Company chief executive officer Sabera Khan said the launch of the exchange is dependent on Parliament approving the commodities and exchange bill. In an interview in Lusaka, Ms Khan said the exchange has partnered with Afriexim Bank of Egypt, United Nations, United Nations for Economic Commission for Africa and Government to help African countries to access funds to reduce the impact of climate change. Ms Khan said although the exchange is in the formative stage, it has a number of key partnerships with international organisations and memoranda of understanding have been signed. She said the exchange is currently finalising structures and systems to have the exchange in place. “We are in the process of putting together structures and systems with the help of Government and we hope we can launch it next year,” she said.  To read this article in full click here

Axios Mobile Assets Approved for Generating Verified Carbon Credits

Axios Mobile Assets Approved for Generating Verified Carbon Credits; Delivers Reduced Shipping and Logistics Cost to the Supply Chain. Axios Mobile Assets Corporation (CNSX: AXA) representatives today confirmed the company has received approval from VCS (Verified Carbon Standard) for the adoption of the industry's first Light Weight Pallet Methodology to track and retire carbon units. This methodology positions Axios at the forefront of companies serving the logistics supply chain, as Axios is the first, and only, company in the world to receive approval by the VCS for this methodology within the Transport Energy Efficiency from Lightweight Pallets category. Using this methodology provides firms, globally, the opportunity to earn carbon credits, as they move goods throughout the supply chain, to offset their carbon footprint. To read this article in full click here
  
The UK's first 'green investment bank' launches 

It’s been two years in the making, but the business secretary has finally cut the red ribbon on his green investment bank, a £3bn government fund that will back firms in the renewable energy, carbon capture and storage and energy efficiency industries. It's new CEO, Shaun Kingsbury, hails from Hudson Clean Energy Partners, a private equity firm specialising in this space.  Vince Cable has announced that the bank, which is headquartered up in Edinburgh, ‘will place the green economy at the heart of our recovery and position the UK in the forefront of the drive to develop clean energy.’ Not, as MT’s overactive imagination suggested, dole out loans in leaves and rose petals from a tree house in The Meadows.  Cable has already cherry picked a couple of businesses to receive the first loans from the GIB. To read this article in full click here

Severn estuary could provide more renewable energy without barrage

Tidal lagoons and tidal fences, deployed in conjunction with tidal stream technology, wave and wind power could generate more renewable energy than a Severn Barrage and be far less harmful to the environment, a new report claims today. The research suggests that a combination of small-scale but innovative renewable energy technologies could provide up to 14 gigawatts (GW) of low carbon energy capacity, more than double the proposed Hafren Lower Severn Barrage, which the Government is currently reviewing. Today’s report, by renewable energy experts Regen SW and consultancy firm Marine Energy Matters which, said the multi-project approach would also enhance the UK’s position as a hotbed for new technology development and would be more acceptable to local communities.  To read this article in full click here



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