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Xstrata plans A$15 billion coal expansion in Australia

PERTH (Reuters) – Xstrata, the world’s top thermal coal exporter, is considering up to A$15 billion ($13.3 billion) investment to boost output at its Australian thermal coal project to 100 million metric tones a year, it said on Monday.

[ More ] February 1st, 2010 | No Comments | Posted in Green |

Suppliers that don’t manage CO2 could lose clients

LONDON (Reuters) – Suppliers that fail to manage their greenhouse gas emissions could lose clients, said a report published on Monday.

[ More ] February 1st, 2010 | No Comments | Posted in Green |
 

UK has to move beyond carbon cuts to stay competitive

LONDON (Reuters) – Britain needs to focus on more than just carbon dioxide emission cuts and manage its water, waste and food resources better to remain competitive, a report by the Aldersgate Group said on Monday. The group is a coalition of businesse…

[ More ] February 1st, 2010 | No Comments | Posted in Green |

Copenhagen climate deal gets low-key endorsement

OSLO (Reuters) – Nations accounting for most of the world’s greenhouse gas emissions have restated their promises to fight climate change, meeting a Sunday deadline in a low-key endorsement of December’s “Copenhagen Accord.”

[ More ] January 31st, 2010 | No Comments | Posted in Green |
 

IMF working on plans for “green fund”

WASHINGTON (Reuters) – The International Monetary Fund is working on proposals for a multibillion dollar “green fund” to help countries tap funds to deal with the effects of climate change, the head of the institution said on Saturday.

[ More ] January 31st, 2010 | No Comments | Posted in Green |

Merkel says Germany committed to nuclear fusion

BERLIN (Reuters) – Germany is committed to research into nuclear fusion as a clean and abundant source of alternative energy but international cooperation is vital, German Chancellor Angela Merkel said on Saturday

[ More ] January 30th, 2010 | No Comments | Posted in Green |
 

Novozymes to launch ethanol product in Q1: CEO

DAVOS, Switzerland (Reuters) – Danish biotech company Novozymes would launch in the first quarter this year a new enzyme to produce transport fuel from agricultural waste, its chief executive Steen Riisgaard told Reuters on Saturday.

[ More ] January 30th, 2010 | No Comments | Posted in Green |

Obama seeks to boost nuclear power in new budget

WASHINGTON (Reuters) – President Barack Obama’s budget proposal will call for tripling government loan guarantees for new nuclear reactors, an administration official said on Friday, a move sure to win over some Republican lawmakers who want more nucle…

[ More ] January 30th, 2010 | No Comments | Posted in Green |

Noise edict could kill Mackenzie pipeline: Imperial

CALGARY, Alberta (Reuters) – A panel’s recommendation to enforce strict noise limits at a bird sanctuary has the potential to shut down development of the C$16.2 billion ($15.1 billion) Mackenzie pipeline in Canada’s Arctic, the project’s backers said….

[ More ] January 30th, 2010 | No Comments | Posted in Green |

Italy solar industry wants improved incentive plan

MILAN (Reuters) – Italian government should improve its new incentive plan for booming solar sector including tariff cuts and cap on subsidized capacity to ensure investment flow and steady industry growth, an sector body head said on Friday.

[ More ] January 30th, 2010 | No Comments | Posted in Green |