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Solar Energy Conversion Process: Light and Heat

The scientific struggle to increase the efficiency in which renewable energy is used and then reused has proven to be a daunting task. Large wind farms and fields of solar panels are commonly used to generate energy through solar radiation. Congruently, investors are having a troublesome time competing with traditional oil and electric suppliers.

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latest news
Supply fears hit UN carbon credits

FT, 6 Sep 2010

Uncertainty about the supply of UN-issued carbon credits has led to their price hitting a four-month high. Certified Emission Reductions (CERs) have surged on international carbon markets in recent weeks after a UN board acted over concerns that chemical plants in China and elsewhere in the developing world were deliberately overproducing HFC 23, a potent greenhouse gas, in order to claim the saleable credits for subsequently destroying it.

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A carbon border tax can curb climate change

FT, 6 Sep 2010

As global growth picks up after the economic crisis, carbon emissions are going back up too. With China and India back on track to double their gross domestic product every decade, and with coal providing nearly 30 per cent of global energy, the chances of stabilising and reducing emissions are low. Indeed, little progress has been made in the last two decades. Only recessions lower emissions – and then only for a short time.
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Low-carbon market to treble by 2020 - HSBC

Reuters, 6 Sep 2010

The world's low-carbon energy market is likely to treble by 2020, HSBC analysts forecast on Monday, saying that rising concerns about resource scarcity would support broad consensus on the threat of climate change.
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Novacem: Cement That Eats Carbon

Bloomberg, 3 Sep 2010

The construction materials industry emits gobs of carbon dioxide, but a British startup has devised a new cement that absorbs and stores CO2 when it's produced
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Australia launches CO2-neutral standard for business

08/07/2010 by REUTERS

Australia formally launched a programme on Wednesday that allows companies or their products to be certified carbon-neutral in a bid to boost their corporate image and fight climate change. The voluntary carbon neutral programme will be part of a new National Carbon Offset Standard (NCOS) launched on July 1, the government said in a statement.
Australia's greenhouse gas emissions are among the highest in the world on a per-capita basis. The government and business says laws that put a price on carbon are needed to cut emissions and provide certainty on investment plans.

But the government has been forced to shelve an emissions trading scheme because of fierce political opposition and has turned to steps such as boosting renewable energy and energy efficiency to tackle carbon pollution.

Under the CO2-neutral programme, businesses measure the carbon footprint of their organisation or product, monitor and work out ways to reduce emissions and buy and retire sufficient eligible carbon credits to offset the remaining emissions.

Once certified, firms can display an NCOS logo.

"Consumers will be able to be confident when they see a business display the logo that they are committed to reducing their emissions and becoming carbon neutral," Climate Change Minister Penny Wong said in the statement.

Companies that have already indicated interest in the programme include Qantas (QAN.AX: Quote), banks ANZ (ANZ.AX: Quote) and NAB (NAB.AX: Quote) and beverage firms Fosters (FGL.AX: Quote) and Lion Nathan (2503.T: Quote).

NCOS aims to set a benchmark for consumers and businesses to assess claims of carbon neutrality or the credibility of carbon offsets available in the voluntary carbon market. (Editing by Michael Urquhart)


Copyright 2010 Thomson Reuters

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