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PFC Says Clean Energy Loans Boost Earnings

Bloomberg Brief — Mon, 04 Feb 2013 14:54:01 +0000

Power Finance Corporation Ltd. – India’s biggest non-banking company and one of the largest lenders to the power sector with an annual revenue of $2.4 billion – has been offering loans to renewable energy companies at a lower rate of interest.

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Singapore to Focus on Water-Energy Nexus

Bloomberg Brief — Mon, 28 Jan 2013 22:24:01 +0000

BY AGNES TeH,
BLOOMBERG NEW ENERGY FINANCE

Focusing on the energy efficiency of producing water is Singapore’s agenda for ensuring water independence, said its minister for environment and water resources, Dr. Vivian Balakrishanan.

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Utilities May Seek liquid air to cut Peak Power Use

Bloomberg Brief — Mon, 28 Jan 2013 22:15:44 +0000

Energy storage is the missing link for integrating renewable energy technologies such as wind and solar into the energy system. It could also make existing installed capacity more efficient. There is currently only one commercially viable energy storage technology – pumped hydro, which accounts for 99 percent of global capability. Gareth Brett, chief executive of Highview Power Storage, tells Mike Scott of Bloomberg New Energy Finance about a potential alternative.

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McDonald’s Says Americans Fishing for Answers on Seafood

Bloomberg Brief — Mon, 28 Jan 2013 22:12:07 +0000

Overfishing, global warming and pollution are having detrimental effects on the world’s oceans, according to scientists. McDonald’s Corp., the world’s largest restaurant chain by sales, announced last week that it has taken steps to address that. By February, it will be the first national restaurant chain to sell sustainable fish certified by the Marine Stewardship Council in over 14,000 stores across the U.S. This means that all of the chain’s Alaska pollock – a fish the chain has served since 1992 – will be certified as being sustainably caught. Dan Gorsky, senior vice president of U.S supply chain and sustainability, tells Bloomberg New Energy Finance’s Agnes Teh about what it took to get there.

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BA Is Backing Biofuels Now to Meet 2020 Goal

Bloomberg Brief — Tue, 15 Jan 2013 15:07:53 +0000

Even if an emissions deal forged by members of the International Civil Aviation Organization does not take effect until 2020, the industry is already set to cut carbon dioxide, said Jonathon Counsell, head of environment at British Airways.

The industry is “massively incentivized” to improve efficiency as it’s effectively paying a price for its carbon-dioxide emissions, he said, with fuel costs at over $100 a barrel.

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Greek Solar PV Installations Are Likely to Shrink in 2013

Bloomberg Brief — Mon, 17 Dec 2012 18:33:52 +0000

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Middle East’s Budding Youth Need Green Jobs

Bloomberg Brief — Mon, 10 Dec 2012 18:31:35 +0000

The United Arab Emirates and other Middle Eastern countries are seeking to diversify their fossil-fuel-based economies as a way to secure future jobs for the region’s burgeoning youth population.

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Clean Energy: Delta Says Biofuels Will Become ‘Necessary’

Bloomberg Brief — Mon, 19 Nov 2012 16:44:40 +0000

There needs to be a “global solution” to curbing aviation emissions, not one supported by a single country or region, said
Ken Hylander, senior vice president for corporate safety, security and compliance at Delta Air Lines Inc.

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Global Grant Funding for Carbon Capture Reaches $14Bln

Bloomberg Brief — Mon, 19 Nov 2012 15:43:31 +0000

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BSkyB Promotes Green, Considers Ad Conflict

Bloomberg Brief — Mon, 12 Nov 2012 19:47:15 +0000

Media outlets that champion the fight against climate change still run advertisements for products and services that may worsen the problem, and this discrepancy should be addressed, said British Sky Broadcasting Group Plc.

“It’s a complex issue and it’s one we’re going to have to work through as an industry,” said Fiona Ball, the company’s head of environment, adding BSkyB is partnering with others in the Media Corporate Social Responsibility Forum to solve the issue.