The US’ continual disregard for setting firm targets for reducing emissions was once again demonstrated in the Washington conference last week. Bush failed to specify goals for reducing greenhouse gases, according to the New York Times. The meeting which was arranged by the Bush Administration to include several high emitting countries in order to create [...]

Further to a previous post concerning the introduction of carbon permit sales in a Brazilian stock market: the Brazilian Mercantile and Futures Exchange yesterday ended the first auction for carbon credits on sale in the amount of 808,450 tons of CO2. The Dutch-Belgian Fortis Bank placed the highest bid amounting to $18.5 million for all [...]

Philips, the world’s largest producer of lighting products, and electronics company are stepping up their production and sales of eco-friendly products with a €1 bn investment until 2012, according to an article in the International Herald Tribune. They are also planning to increase the energy efficiency of their operations by 25% in the same period, [...]

The Bush administration is working towards a new goal for helping developing nations to reduce their carbon emissions: a US plan to succeed the Kyoto Protocol in 2012 is hoping to include some of the world’s largest emitters in a scheme forcing them to try to reduce emissions as far as possible in exchange for [...]

Volvo has launched the first ever CO2 free vehicle plant, the Ghents truck plant in Belgium according to this press release:
The Ghent plant decided to construct three wind power plants on the site, which will cover half of the plant’s electricity requirements. The remaining electricity consists of certified green energy supplied by the Belgium energy [...]