And here is a round-up of this week’s Green numbers…
Vice President Biden Announces Six Year Plan to Build National High-Speed Rail Network
Vice President Joe Biden today announced a comprehensive plan that will help the nation reach President Obama?s goal of giving 80 percent of Americans access to high-speed rail within 25 years, as outlined in his State of the Union address. The proposal will place high-speed rail on equal footing with other surface transportation programs and revitalize America?s domestic rail manufacturing industry by dedicating $53 billion over six years to continue construction of a national high-speed and intercity passenger rail network.
As a part of President Obama?s commitment to winning the future by rebuilding America?s roadways, railways and runways, the plan will lay a new foundation for the nation?s
Energy and Carbon Software Market Poised for 300% Growth; Sector Leaders Named
The market for enterprise energy and carbon accounting (EECA) software grew 400 percent during 2010 and is forecast to grow another 300 percent this year, according to research by efficiency system provider Groom Energy Solutions.
The research found that more than 200 large corporations ? including Arch Coal, Bayer, RJ Reynolds, Safeway and Wyndham Hotels ? bought EECA software in 2010.
The report names ten companies as EECA leaders for 2011. They are
US diplomat convinced by Saudi expert that reserves of world’s biggest oil exporter have been overstated by nearly 40%
The US fears that Saudi Arabia, the world’s largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show.
The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom’s crude oil reserves may have been overstated by as much as 300bn barrels ? nearly 40%.
The revelation comes as the oil price has soared in recent weeks to more than $100 a barrel on global demand and
Bridgelux Raises $20M For LEDs
LED chip and array maker Bridgelux raised close to $50 million just a year ago, but is raising even more money, according to a filing. The nine-year-old venture-backed startup which is looking to do for lighting what Silicon Valley has done for communications and entertainment ? make it digital ? has raised $20.74 million of a planned $21 million round.
The company opened a factory in California and was making an effort to scale up its production last year, so
British windfarms blow Vestas towards 25% profit rise
Strong demand from British windfarms helped the world’s biggest turbine manufacturer, Vestas, raise profits by 25% over the past year and have boosted future prospects.
UK equipment deliveries totalled 530MW ? a leap from 120MW over the previous year ? helped in particular by shipments for the 300MW Thanet windfarm, which is currently the largest offshore windfarm ever built.
Shares in Vestas soared 5% as the Danish-based group reported
Vodafone [Ireland] embarks on green drive to cut paper bills by 70%
Ireland?s largest mobile operator Vodafone has asked customers to opt to switch to paperless billing as part of its drive to cut down on paper by 70%. The move, it says, will be equal to saving 5,000 trees and 500 tonnes of CO2.
The company today launched its paperless billing campaign ?Goodbye Paper Bills, Hello Trees? and calls on Vodafone customers to make the switch to paperless billing.
EMC? Cork plant cuts energy use by 20% after ?radical? retrofit
EMC?, which employs 1,650 people at its Ovens site, undertook a full retrofit project to implement energy saving technologies at the information technology and data centre site, using free cooling technology systems.
The ?2.5 million project, which was designed and managed by consulting engineering company Arup, will achieve annual electricity savings of 13 million kilowatt hours and an annual carbon emission reduction of 7,000 tonnes.
Hopes of 30% cut in greenhouse emissions dashed
The UK government’s plan to push Europe to deeper cuts on greenhouse gas emissions has been dashed by the EU’s energy chief.
G?nther Oettinger, the EU’s energy commissioner, dealt a heavy blow to the hopes of several member states that have been pressing for a target of slashing emissions by 30% by 2020, against the current 20%.
He said the tougher target would force industries to ….
China bids to ease drought with $1bn emergency water aid
China has announced a billion dollars in emergency water aid to ease its most severe drought in 60 years, as the United Nations warned of a threat to the harvest of the world’s biggest wheat producer.
Beijing has also promised to use its grain reserves to reduce the pressure on global food prices, which have surged in the past year to record highs due to the floods in Australia and a protracted dry spell in Russia.
The desperate measures were evident at
Obama Admin: 1M Electric Vehicles by 2015 Still On Course
President Obama?s plan to put 1 million electric vehicles on the road by 2015 was reaffirmed on Tuesday.
A new report issued by the Department of Energy outlines a strategy for achieving that goal, which Obama announced in his State of the Union address last month. David Sandalow, the Energy Department?s Assistant Secretary for Policy and International Affairs, said the goal can be reached if the proper steps are taken.
?To succeed in meeting the President?s goal, we?ll need …
Ocean energy could create 70,000 jobs [in Ireland] ? Bord G?is
Bord G?is have claimed that the ocean energy industry could create up to 70,000 jobs and be worth ?120bn to the Irish economy.
In a speech to the Ocean Energy Industry Forum 2011 today, Bord G?is CEO John Mullins outlined his concern that ?not enough investment and planning is being put into developing Ireland?s ocean energy resources,? however.
You should follow me on Twitter here
Photo credit house of bamboo