BP Plc company is planning to withdraw from the a BP, Fotowatio Renewable Ventures and Pacific Hydro Pty venture where in the company was seeking fund from Australian government

BP Plc is a large oil company in Europe. The company is planning to withdraw from ventures where in the company was seeking fund from Australian government. BP has formed a joint venture with BP, Fotowatio Renewable Ventures and Pacific Hydro Pty. Te company has won a contract to build the Moree solar farm. 

Ignacio Galan is the Chairman of Iberdrola SA. He is trying to increase revenues for utilities by increasing the money being charged to the Spanish people

Ignacio Galan is the Chairman of Iberdrola SA. He is trying to increase revenues for utilities by increasing the money being charged to the Spanish people. This will lessen some of the burden from the 24 billion euros ( $32 billion) debt that the consumers owe to the utility companies like Iberdrola. 

China has set a target for increasing production capacity for important solar cell makers and polysilicon manufacturers

China has set a target for increasing production capacity for important solar cell makers and polysilicon manufacturers. This will help them to survive the slowdown. Each of the key companies should have 50000 tons of production capacity of polysilicon by 2015 and 5 gigawatts for solar cells. 

Anheuser-Busch and Blue Marble Biomaterials have joined hands to develop a bio-refinery pilot. This will be built at the company’s facility in North America

Anheuser-Busch and Blue Marble Biomaterials have joined hands to develop a bio-refinery pilot. This will be built at the company’s facility in North America. The Blue Marble technology will be used in the project. This will convert used grains and biogas to produce other useful chemicals which will be consumed.

Rolls – Royce has claimed that its liquefied natural gas (LNG) engines for ships will cut CO2 emission by 30%

Rolls – Royce has claimed that its liquefied natural gas (LNG) engines for ships will cut CO2 emission by 30%. The normal standard engines run on distillate diesel or heavy fuel.  Earlier LNG engines were used to reduce other emissions like NOx, sulphur oxides and particulates such as smoke or soot.

Hawaiian Airlines has got aviation based carbon credits. These credits are under the Verified Carbon Standards

Hawaiian Airlines has got aviation based carbon credits. These credits are under the Verified Carbon Standards. It is based in part on its use of Pratt & Whitney’s EcoPower engine-washing system. This system reduces fuel burn by using atomized water. 

Spanish electricity supplier Iberdrola SA has seen a drop in net income

Iberdrola SA , is a electricity supplier in Spain. It is the biggest electricity supplier in Spain. The net income of the company has dropped by 2.3 %. The economic slowdown has lead to a drop in demand. The net income fell to 2.8 billion euros ($3.72 billion) from 2.87 billion euros.

Intel releases Claremont chip at the International Solid State Circuits Conference (ISSCC), which runs on near-threshold voltage ( NTV) technology

Intel has developed a chip which runs on near-threshold voltage ( NTV) technology. This chip is known as Claremont chip. This will allow the chip to save power. The performance of the ship will not be compromised. This cip was released at the International Solid State Circuits Conference (ISSCC).

Building Energy Performance Assessment News has released a report titled “Energy Efficiency Retrofit Financing Options for the Commercial Real Estate Market”.

Building Energy Performance Assessment News has released a report titled “Energy Efficiency Retrofit Financing Options for the Commercial Real Estate Market”. According to the report energy efficiency financing will become like any other financial asset. This will enjoy predictability, large volumes and high standardization. 

Quote from The Report of the18th Meeting of the Forum of Ministers of the Environment of Latin America and the Caribbean - Decision 7:

Quote from The Report of the18th Meeting of the Forum of Ministers of the Environment of Latin America and the Caribbean - Decision 7:

[… Decision 7: Chemicals, Hazardous Wastes and Other Wastes: Under this Decision, the FME Decides to, Inter Alia:

• maintain and strengthen participation of LAC countries in preparing a legally binding instrument on mercury;

• request UNEP and other agencies to continue providing technical support to the region regarding, among other things, the mercury negotiations;

• highlight the importance of the Quick Start Programme within the framework of the Strategic Approach to

International Chemicals Management, as an alternative for accessing financial resources;

• increase efforts and establish regional mechanisms to prevent and control illegal-traffic of hazardous wastes, ozone-depleting substances and chemicals; and

• promote information exchange and cooperation between LAC countries to better manage chemicals and wastes.

Quote from The Report of the18th Meeting of the Forum of Ministers of the Environment (FME18) of Latin America and the Caribbean (LAC) was held in Quito, Ecuador, 2-3 February 2012, following a Preparatory Meeting of High-Level Experts on

31 January-1 February.

Read/download the Full report >> http://www.iisd.ca/download/pdf/sd/ymbvol197num1e.pdf

From : OzoNews, UNEP