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Environmental 2007 P10



US power groups back bill to reduce emissions
Six US power have endorsed a Congress bill that would reduce their projected emissions by 25 per cent below projected levels by 2020.

GE, AES plan partnership to lead US market in offsetting greenhouse gas emissions
AES Corporation and GE Energy Financial Services has announced its intention to create a partnership to develop greenhouse gas emission reduction projects in the United States.

East Asia looks to biofuels to cut reliance on energy imports
Efforts to cut east Asia's reliance on oil and gas imports, agreed at the close of yesterday's regional summit, look set to provide a boost to south-east Asia's expanding biofuels industry.

Pollution strategy built on untested systems
The fight to cut greenhouse gases may be too reliant on unproven carbon capture technology, experts warned yesterday.

Gazprom launches carbon trading venture
Russian energy group Gazprom will make its first significant foray into carbon trading today through a joint venture with Dresdner Bank that could open up a €15bn ($19.4bn) market.

Brussels sets out target on emissions
Europe has set what officials on Wednesday called the world's most ambitious goal for fighting global warming - cutting, by 2020, greenhouse gas emissions to 20 per cent below the level of 1990.

EU plans green energy 'industrial revolution'
The European Commission has unveiled a new energy strategy, calling on member states to cut emissions of greenhouse gases by at least 20 per cent by 2020.

EU calls for new low-carbon power revolution as it seeks to cut oil imports
The European Union will call for "a new industrial revolution" on Wednesday as it tries to rein in oil imports and slash the carbon emissions blamed for global warming. In a draft paper the European Commission says the days of secure, cheap energy for Europe are over.

Xcel Energy proposes emissions reductions, capacity expansion at plant
Xcel Energy has proposed an emissions reduction project at its Sherburne County coal-fired power plant (Sherco) in Becker, Minn., in connection with a plan to increase generating capacity at the station.

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