NYSE Euronext Marks
Second Year as Only Carbon-Neutral Global Exchange Operator
NYSE Euronext (NYX)
announced today that it has achieved carbon-neutral status for the second year
in a row, again making it the only global exchange operator to do so. NYSE
Euronext earned the distinction through company-wide energy efficiency measures
as well as the purchase of renewable energy credits (RECs) and carbon offsets
(COs). "Achieving carbon-neutral
status for a second year means we are delivering on our commitment to run our
business as efficiently as possible and protect the global environment in which
we operate," said Duncan L. Niederauer, CEO of NYSE Euronext. "These
programs to mitigate our carbon impact and reduce our energy usage are a key
component of our responsibility to our worldwide community."
To read this article
in full click
here
Shell to invest $1bn a
year in China shale gas strategy
Royal Dutch Shell plans to spend at least $1bn (£633m) a year exploiting
China's potentially vast resources of shale gas, the firm's top China executive
has said, in an aggressive strategy to expand in the world's biggest energy
market. Shell in March secured China's first product sharing contract for shale
gas, hoping that getting in early will allow it to be a big beneficiary from
the sort of boom in shale that has transformed the US energy market. Asked if
the firm remained committed to a plan to invest $1bn a year in China's shale
gas over the coming few years, Lim Haw Kuang said: "Yes, yes and
yes." "If there has been an adjustment to that pledge, it could only
be an upward revision," added Lim, a Malaysian national and Shell veteran
of 34 years. China is estimated to hold the world's largest reserves of the
unconventional gas – which can be unlocked from ancient shale rocks by
hydraulic fracturing, or "fracking", a technology developed in recent
years in North America. To read this article in full click
here
UK renewable energy
market to total £6.3 billion by 2017
In the five years
through 2016-17, revenue within the UK renewable energy market is expected to
increase at a compound annual growth rate (CAGR) of 6.2%, to total £6.3
billion. The UK currently generates 8.6% of its total electricity from
renewable sources, representing a significant increase from 1.5% in 2006. This
has resulted from both the government and the industry, with both realising the
importance of embracing a low-carbon future and the economic opportunities that
lie therein. The UK renewable energy market is evolving as a result of several
large offshore wind projects that are currently in the pipeline. This includes
the world’s largest wind farm planned in Scotland with an investment of
£4.5billion for 1,500MW. To read this article in full click
here
US carbon emissions
are declining due to clean energy
US carbon emissions
are declining due to clean energy. A new report that studied 2,500 electrical
power plants owned by 100 utilities in the United States was released this week
and it shows that harmful carbon pollution is on the decline. This is due to a
transition to clean energy. The report is out just before the science-deniers
open their national convention in Tampa next Monday. The 2012 Benchmarking Air
Emissions report looked at 2010-2011 data from the US Energy Information
Administration and the Environmental Protection Agency to determine trends in
four power plant pollutants: carbon dioxide (CO2), sulfur dioxide (SO2),
nitrogen oxide (NOx) and mercury (Hg). The report looked at 100 utilities
operating 2,500 power plants. These plants account for 86% of electricity
generation and 88% of all emissions in the nation. To read this article in full
click
here
Tesco and John Lewis
on the starting line for low carbon truck trial
Government launches £23m green fleet scheme that
will see 11 public refuelling stations installed across UK. John Lewis and
United Biscuits are among 12 companies to have signed up to a new project aimed
at encouraging fleet operators to use cleaner fuels for heavy goods vehicles. The
Technology Strategy Board (TSB) today launched a £23m demonstration project,
backed by £9.5m from the Department for Transport (DfT), which will see fleet
operators test out new low-carbon vehicle technology and refuelling
infrastructure. About half the funding will support the deployment of more than
300 low-carbon commercial vehicles that will be tested by the companies. John
Lewis Partnership is hoping to use the cash to help improve the aerodynamics of
its articulated vehicles and replace diesel with bio-methane, achieving a 70
per cent reduction in carbon emissions in the process. To read this article in
full click
here
UK airports check-in
with "carbon neutral" status
Bournemouth and East Midlands first in the
country to officially offset all operational carbon emissions. Sustainable
aviation has inched closer to take off with the news East Midlands and
Bournemouth airports have become the first in the UK to achieve "carbon neutral"
ground operations. Both airports implemented a series of carbon reduction
programmes since making a commitment to achieve the "carbon neutral"
goal six years ago. At East Midlands improvements included two onsite-wind
turbines that provide five per cent of the site's electricity and the
construction of the UK's first hotel to achieve the BREEAM 'Excellent' green
rating. Meanwhile, a designated "low carbon" arrivals building has
been built at Bournemouth Airport as part of a £45m new terminal development. Last
year, the two airports reduced their carbon emissions by a total of 7,171
tonnes, meaning they are now in their first full year of "carbon
neutral" operations, according to the latest Corporate Social
Responsibility report published today by Manchester Airports Group (MAG), which
owns both airports. To read this article in full click
here
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