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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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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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U.K. Carbon Calculator Shows 80% Emissions Reduction Is Achievable By 2050

28/07/2010 by BLOOMBERG

By Alex Morales

The U.K. Department of Energy and Climate Change announced a “carbon calculator” that shows the country’s goal of reducing greenhouse gas emissions by 80 percent in the six decades through 2050 is achievable.

The calculator is an online tool that allows power consumers to gauge how to achieve the necessary cuts by adjusting 34 measures of energy demand and supply, ranging from the temperature of people’s homes to nuclear power generation.

Each of the categories, 17 for demand and 17 for supply, has four scenarios. They range from one, where no attempt is made to fight climate change, to four, which the department describes as a “extreme upper effort.” The calculator shows that an 80 percent cut could be achieved by a mixture of twos (effort viewed as achievable) and threes (unlikely to happen without significant changes.)

"These are possible pathways," U.K. Climate and Energy Secretary Chris Huhne told lawmakers today in Parliament. "We are not claiming to be able to see the future with certainty. But we cannot continue on the current pathway: high-carbon, highly dependent on imports, highly volatile prices."

The department plans further consultations on the inputs with members of the public and experts in energy and economics before updating it in October.

Copyright 2010 Bloomberg LP

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