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2009-09-22 12:50:30

The airline industry is set to vow to cut its carbon dioxide emissions by 50 percent of 2005 levels by 2050. On Tuesday, British Airways Chief Executive Willie Walsh is to announce the new decision reached by the airline industry that will aim for a 50 percent reduction of emissions by mid century. The announcement will come during a presentation to the UN forum on climate change in New York on Tuesday. Aviation currently makes up 1.6 percent of all global greenhouse gas emissions. The...

2009-09-14 09:27:00

WASHINGTON, Sept. 14 /PRNewswire/ -- Consumers will pay higher prices if independent power producers are not provided adequate allowances under new cap and trade legislation, according to a study released today by Generators for Affordable Power (GAP). The complete report is available upon request. Without the emissions allowances provided in the House-passed American Clean Energy and Security Act (H.R. 2454),change legislation could result in a loss of coal-fired merchant electricity...

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2009-09-11 12:40:00

A risk consultant firm says Australians are now the world's biggest individual producers of carbon dioxide, which is blamed for global warming. Maplecroft said Australia's per capita output is at 20.58 tons a year, which is four percent higher than the U.S. and above all the other 185 countries on the list. The other countries in the top five on the list are Canada, the Netherlands and Saudi Arabia.  China still is the world's biggest overall greenhouse gas polluter, followed by the...

2009-09-10 09:00:00

FARMINGDALE, N.Y., Sept. 10 /PRNewswire-FirstCall/ -- Cemtrex, Inc. (OTC: CTEI) announced that it has signed an agreement with Lenegar Group to develop a series of carbon credits projects based on vehicle emission reduction technology from Lenegar Group. Cemtrex will assist Lenegar's customers in creating and monetizing carbon credits based on Lenegar's technology for improving the combustion of hydrocarbon fuels in vehicles. The proprietary technology provided by Lenegar reduces up to 30%...

2009-09-09 16:00:00

Trillion dollar cap-and-trade system would pose big financial risk for little "green" benefit WASHINGTON, Sept. 9 /PRNewswire-USNewswire/ -- According to a new report released today by the U.S. Climate Task Force (CTF), an opaque, complex trading system like the cap-and-trade program outlined in the Senate climate bill would generate: high profits for Wall Street traders; higher energy prices for American consumers; and minimal CO2 reductions for the environment. The analysis, "The...

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2009-08-24 15:30:00

A climate proposal being discussed by members of Congress could reduce US oil production by 25 percent, resulting in increased reliance on foreign oil. The H.R. 2454 bill, also known as the cap-and-trade bill, is proposed to cut greenhouse gas emissions by 17 percent from 2005 levels by 2020. The bill could increase the US' dependence on foreign oil by up to 19.4 percent by 2030, according to a study conducted by EnSys Energy and commissioned by the American Petroleum Institute (API). The...

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2009-08-05 09:55:00

A key climate change bill passed by Congress would mean a modest increase of annual energy costs for families, which is way below some industry estimates, according to an unofficial report from the Energy Information Administration (EIA). The bill for a typical household's energy costs would increase less than $150 dollars per year by 2030, or about 23 cents per day, and $583 more in 2030, if it were to go into effect. The projection from the EIA is comparable to those made by the...

2009-07-15 17:06:00

"The issue is not profits, but price signals; evidence clear that organized markets offer superior platform for market-based cap-and-trade." WASHINGTON, July 15 /PRNewswire-USNewswire/ -- The following statement was released today by William Massey, counsel to the COMPETE Coalition and former FERC Commissioner, in response to a study by Synapse Energy Economics on the pending federal climate and energy legislation released this morning by APPA, NARUC, NASUCA and NRECA: "The issue of...

2009-06-19 11:58:00

NEW YORK, June 19 /PRNewswire/ -- Trayport's Elliott Piggott, managing director, and Mark Holt, head of technology, will be in New YorkJune 23-25 to urge US adoption of European advances in carbon trading. They will be delegates to the Securities Industry and Financial Markets Association (SIFMA) Technology Management Conference at the New York Hilton. Trayport, a key player in global carbon markets, is meeting with media, industry and government to provide the knowledge needed to...

2009-06-09 17:14:00

ALEXANDRIA, Va., June 9 /PRNewswire/ -- In response to the Midwest Governors' Association plan for a reduction in greenhouse gas emissions, ACCCE President Steve Miller released the following statement: "ACCCE agrees with the conclusion reached by the panel appointed by governors participating in the Midwest Governors Association climate change accord that controlling greenhouse gases through a federal program is a better course than imposing such mandates under individual state regimes or a...


Word of the Day
bellycheer
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".
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