Tag: Carbon Emissions
German climate protection plan watered down
Original German climate protection plan met with opposition BERLIN, June 29 (Reuters) – Germany has abandoned plans to set out a timetable to exit coal-fired power production and scrapped C02 emissions reduction goals for individual sectors, according to the latest draft of an environment ministry document seen by Reuters on Wednesday. An earlier version of […]
California carbon emissions cut for all fuel sold in state
California carbon emissions from fuel to be cut by 10 per cent SACRAMENTO, Calif. – California regulators on Friday restored ambitious rules to cut transportation fuel emissions 10 per cent within 5 years. The rules further strengthen California’s toughest-in-the-nation carbon emissions standards, but oil producers warn the changes could drive up costs for consumers at […]
Drax PLC pulls out of UK carbon capture project
Drax cites financial, regulatory environment issues SELBY, YORKSHIRE – Officials with Drax PLC, a United Kingdom power generation company, have announced it will withdraw as a partner in a carbon capture system in North England. The White Rose CCS project is designed to capture 90 per cent of carbon emissions from a new coal-fired power station […]
More companies add carbon pricing to financial planning to mitigate risk
Globally, 437 companies factored in carbon pricing in 2015 CALGARY – A new study shows companies around the world are increasingly putting a price on carbon emissions in their financial planning in order to mitigate risks. The London-based CPD organization says 437 companies factored in carbon pricing in 2015, nearly triple the 150 companies from last year, […]
Clear vision on setting carbon emission goals needed: CEOs
Balance of environmental concerns with reliability, affordability needed in setting carbon emission goals CALGARY – Governments needs to set a clear vision on energy goals and then let private enterprise figure out how to get there, according to the chief executives of two major North American energy companies. Greg Abel, head of Berkshire Hathaway Energy, and Doug Suttles, CEO of Encana Corp., […]
Duke Energy to replace Ashville coal plant with natural gas fired plant
Duke Energy also building solar farm on site Duke Energy says it will build a $750 million natural gas plant to replace its troubled coal-fired Asheville plant as the company turns to cleaner energy to generate electricity. The Charlotte-based company also will build a solar farm on the site as part of its $1.1 billion […]
Connect
Connect with us on the following social media platforms.