Environment

August 25, 2010

Climate Change Advocate Norway subsidizes Fossil Fuels Five times more than Renewable Energy

Norway has been hailed as the toughest cutter of Greenhouse Gas Emissions amongst the devloped countries promising to cut Carbon Emissions by  30-40% by 2020 from […]
August 22, 2010

Green Investing Weekly – Most Important Reads from the Web

Renewable Energy Vestas posts surprise loss and cuts outlook – Reuters FuelCell sells 1.4MW fuel cell power plant to G3 Power – Reuters Two China new […]
August 20, 2010

China's Takeover of Gabon's Forestry Industry Raises Environmental Concerns

Chinese Firms are not exactly renowned for their Environmental Credentials and the weak regulations in African Countries does not give them an incentive to be so.Concerns were raised about the impact of a Chinese Ore Mine in the forests of Gabon.With lax oversight and easily corruptible administration,the Damage is already Done before it can be Stopped.Africa countries in general are ruled by Undemocratic, Corrupt rulers which are willing to go along with Environmental Degradation in return for Bribes.
August 20, 2010

US States Support Green Energy through Local Policies even as Federal Government is "Asleep at the Wheel"

the administration had done nothing.Instead of setting out a Renewable Energy Standard or a Feed in Tariff Policy,the President seems busier in giving speeches and photo-ops.The result has been that USA is lagging far behind Europe and China in the Green Energy area.Deutche Bank Asset Management which invests $6-7 billion out of its $700 Billion corpus in the Green Sector,has made a scathing attack on the lack of US Federal Support for Green Industry.The Bank said it would totally bypass US in making Green Investments and concentrate its energies on China and Europe.Solar Companies are already outsourcing Green Jobs to Mexico and China. US Companies are already recognizing China as a Leader in the Clean Technology Area .
August 17, 2010

Vedanta and Provincial Orissa Government accused of colluding to trample over Tribal and Environmental Laws by Govt Panel

.Now a Central Government Panel has indicted both the state government and Vedanta of environmental abuses in its earlier projects.The N.C. Saxena panel has found the state government officials guilty of violating Forest Rights Act in order to help Vedanta.While rejected Vedanta's Bauxite Mining Rights,the Panel has found the company guilty of mining on government land,violating environmental laws and tribal rights
August 10, 2010

Climate Changed Already – Massive Floods in Asia,Record Drought in Russia,Huge Ice Island breaks from Greenland ?

Extreme Weather Conditions has increased in frequency this decade.In fact this decade is the hottest decade in records with temperatures making new records every year.While nothing can be said with a 100% possibility that it is due to Global Warming,the evidence is certainly pointing in that direction.
August 9, 2010

India's Largest FDI Industrial Project in Orissa stopped after violating Environmental norms

POSCO is setting up a humongous steel complex in the eastern Indian state of Orissa with the total investment of $12 billion.The project which was initiated […]
August 5, 2010

Poor Island Nations Most Vulnerable to Climate Change highlight Rich Nations Duplicity

Poor Island Nations like Maldives are most vulnerable to Climate Change with their very existence at stake as rising sea levels threaten to sink them completely […]
August 4, 2010

AUO's Gigawatt Solar Ambitions hit an Environmental Bump over Manufacturing in Taiwan

Taiwan and South Korean Companies have been making massive investments in the Solar Energy Space through both greenfield and brownfield expansion.South Korean Hanhwa has used the […]
July 21, 2010

More Empty Rhetoric over Climate Change and Renewable Energy by World Leaders

Climate Change Mitigation and Global Warming have been put in cold storage by world’s major countries like USA and China.While Europe and Japan are pushing initiatives […]
July 21, 2010

India's leading corporate group Tata sues Greenpeace over a Turtle game

Tata Group is the most respected Indian Industrial Group,however that seems to be changing India’s Tata Group of companies is the most respected corporate group in […]
July 20, 2010

Honda bets on the success of Hybrid Vehicles instead of Electric Vehicles

Honda is betting more on the success of  Hybrid Vehicles than on Electric Vehicles.It seems that the Japanese auto giant thinks that Hybrid Vehicles will get […]
July 20, 2010

After overtaking USA in Carbon Emissions,China surpasses USA in Energy Consumption as well

China surpassed the USA as the largest emitter of Greenhouse Gases (GHG) in 2006 when it produced 6.2 billion tons of CO2 overtaking the USA at […]
July 17, 2010

Green Investing in India – Favorable government policies make Gujarat a top Renewable Energy destination

India’s Western state of Gujarat is one of the most developed regions in the country and has shown tremendous economic growth over the past decade.The state […]
July 17, 2010

India's Justice System to expedite Environmental Cases through Green Benches

India is facing a growing backlog of environmental cases with rapid industrialization leading to disputes with traditional stakeholders.Land acquisition has become a huge problem with industries […]
July 16, 2010

Green Energy becomes Bigger than Fossil Fuel Energy in Europe and USA during 2009

Green Energy has increasingly become mainstream rather than a niche category supported by some environmental activists and hippies.This is proved by the fact that almost half […]
July 16, 2010

Massive Coal Plant in Andhra Pradesh,India faces cancellation due to protests from farmers and fishermen

A huge 2640 MW coal plant has received a major jolt after its environment clearance was rejected by he National Environmental Appellate Authority (NEAA).This plant which […]
July 15, 2010

Exxon to invest a Minuscule amount in Algae based Biofuels

World’s biggest Oil company Exxon Mobil has opened a Greenhouse facility to grow and test algae which will be used for producing biofuels.Algae based Biofuels is […]
July 14, 2010

Industry causing Environmental Disasters in India and China – Chlorine Gas Leaks in Mumbai leads to 3 deaths and more than 60 falling ill

India and China are seeing rapid economic and industrial growth in excess of 8% GDP growth.While rapid growth is necessary to pull up the estimated 2.5 […]
July 2, 2010

India and China try to curb GHG Emissions through Coal Taxes and CCS

India-China Economic Growth leads to sharp increase in GHG Emissions The 21st Century is said to be a China-India Century with these Large Asian economies expected […]
July 2, 2010

Is Shale Gas Extraction Environmentally Safe?

Shale Gas is the newest Fossil Fuel Technology which would greatly help extend the world’s fast depleting oil and gas reserves.Shale gas has boomed in the […]
June 23, 2010

Oil Industry learns nothing from the BP Environmental Disaster,Opposes California's Green Laws and Ban of Drilling

The Oil Industry which had gone on the defensive with questions being raised about their commitment towards  environment and society has learned nothing from the BP […]
June 15, 2010

Oil Companies try to Evade Valid Claims and Questions arising from the BP Oil Spill

Oil Companies are coming under increasing fire in the aftermath of the BP Oil Spill which has exposed a lot of skeletons in the Fossil Fuel […]
June 10, 2010

Global Warming in Cold Storage – China's CO2 emission Jump,Canada cuts Emission Target by 90%,UN Climate Chief Pessimistic

Global Warming and Climate Change Mitigation has been given the Cold Shoulder by the World Governments with attention being diverted  towards the  Global Financial Crisis.The Economic […]
June 9, 2010

China Putting Brakes on Green IPOs as some Green sectors face overcapacity

China has put on hold new IPO’s from its fast growing Green Industry to prevent overcapacity and weed out small players.Though Goldwind (China’s second largest wind […]
June 4, 2010

BP imploding due to Gulf Oil Spill while Obama and Oil Industry suffer collateral damage

The Gulf Oil Rig explosion has led to a virtual implosion of British Petroleum with the costs and damages mounting at an unprecedented pace for this […]
May 20, 2010

BP Oil Spill Finally Hits American Coast;Massive Impact on Economy and Environment Expected

Despite “numerous efforts” by BP which took a week to wake up to the scale of the disaster, the Oil Spill has finally  hit the American […]