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Archive for October 3rd, 2007

Troubled NSW carbon credit producer Easy Being Green told to switch from collapsed $6.50 NGAC market to APX-traded VERs at $8.75

Posted by gmarkets on 3 October, 2007

Australian Climate Exchange (ACX) Managing Director, Tim Hanlin has called upon troubled NSW carbon credit producer Easy Being Green to switch their focus from the oversupplied NGAC market to produce Greenhouse Friendly VERs, the rising star of the Australian Emissions trading scene.

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Posted in Credits, NGAC, NSW, VERs | Leave a Comment »

First Aus export of biodiesel leaves for Asia, US: green alternative the ‘way of the future’, says Natural Fuels chair

Posted by gmarkets on 3 October, 2007

Australia’s first export shipment of biodiesel has been loaded on a freighter bound for Asia and the US, as former Liberal leader and company director John Hewson described the green alternative as the way of the future, reported The Australian Financial Review (3/8/2007, p.17).

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Posted in Biofuels, Green Markets 1001 | Leave a Comment »

Ethanol-blended petrol on sale in Tas for first time: LRP to be phased-out

Posted by gmarkets on 3 October, 2007

Ethanol-blended petrol went on sale in Tasmanian service stations for the first time in late July, reported The Mercury (28/7/2007, p.5).

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Posted in Biofuels, Green Markets 1001, Tasmania | Leave a Comment »

SA based Penrice Soda’s new $500,000 desalination plant: zero waste on salty bore water with $600,000 a year running cost

Posted by gmarkets on 3 October, 2007

According to Penrice Soda chief executive Guy Roberts, a new $500,000 desalination plant using salty bore water supplied the soda-ash maker with one gigalitre of water since December – 67 per cent of its annual need or enough water for 10,000 Adelaide households for a year, reported The Advertiser, (21/08/2007, p.33).

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Posted in Desalination, Green Markets 1001, South Australia | Leave a Comment »

22 August: 89 people dead; Sudan rains destroy more than 70,000 homes

Posted by gmarkets on 3 October, 2007

With 89 people already dead in flooding in Khartoum, capital of Sudan, heavy rains that washed away homes and spread waterborne disease were continuing, reported The Courier Mail (23/8/2007, p. 40).

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Posted in Flooding, Green Markets 1001, Sudan | Leave a Comment »

Humans make droughts, floods, cyclones more intense; question of climate change and tropical cyclones yet to be resolved

Posted by gmarkets on 3 October, 2007

With rising sea levels there was also a greater risk of storm surges in coastal areas, according to The Advertiser (8/8/2007, p. D10).

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Posted in Climate, Green Markets 1001 | Leave a Comment »

By 2012, Tesco, Britain’s biggest retailer, will require carbon labelling on all the products it sells so that shoppers can compare carbon costs

Posted by gmarkets on 3 October, 2007

According to Randy Stringer and Mike Young of the University of Adelaide, trading in carbon offsets is now a billion-dollar global industry, reported The Advertiser (8/8/2007, p. D20).

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Posted in Emissions, EU, Green Markets 1001, Offsets | Leave a Comment »

Federal Environment Minister Malcolm Turnbull sued by Phosphate Resources for ignoring 122 pieces of evidence when rejecting bid to extend phosphate leases on Christmas Island

Posted by gmarkets on 3 October, 2007

Federal Environment Minister Malcolm Turnbull faced the possibility of being called to give evidence in Perth’s Federal Court over claims that he ignored 122 pieces of evidence in rejecting a mining company’s bid to extend its phosphate leases on Christmas Island, reported The Australian Financial Review (10/8/2007, p. 32).

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Posted in Australia, Green Markets 1001, Western Australia | Leave a Comment »

East Japan Railway Co introduces 200 million yen hybrid trains in move to reduce emissions

Posted by gmarkets on 3 October, 2007

Regular passenger runs of hybrid trains were set to begin on 31 July 2007 in Japan, reported The Courier Mail (30/7/2007, p. 13).

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Posted in Green Markets 1001, Japan | Leave a Comment »

Australia-India Uranium sale deal to be covered by bilateral safeguards agreement: would ensure any Australian uranium sold to India would be used for exclusively peaceful purposes, says Fed Government

Posted by gmarkets on 3 October, 2007

Senator Helen Coonan, Senator for NSW, Minister for Communications, Information Technology and the Arts and Deputy Leader of the Government in the Senate, on behalf of the Minister for Foreign Affairs in reply to the questions asked by Lyn Allison, Senator for Victoria, Leader of the Australian Democrats, Commonwealth Senate, upon notice on 8 August 2007, regarding the potential Australia-India uranium sale deal that would see the export of uranium from Australia to India in contravention to the Nuclear Non-proliferation Treaty obligations, said the supply of uranium to India did not contravene Australia’s international legal obligations under the Nuclear Non- Proliferation Treaty (NPT) provided the uranium was covered by International Atomic Energy Agency (IAEA) safeguards and conclusion of a bilateral safeguards agreement with India was conditional on a number of other steps, including India concluding a suitable safeguards agreement with the IAEA covering all designated civil nuclear facilities.

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Posted in Australia, Green Markets 1001, India, Nuclear | Leave a Comment »