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| Issue: 2 Volume: 1 |
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Global Business Europe's big lenders still backing green powerThe credit crunch is starting to make an impact on smaller European green energy projects, but cash - rich utilities and the bigger lending institutions will continue to get deals done, green power experts say. Auto industry bailout's : Red ink on green policiesBefore automakers asked for bailouts, governments had set them tougher - than - ever targets for emissions and fuel economy, and taxpayers' funds had been allocated to help companies reach them. The greening of B&QThe new 160,000 sq ft B&Q store at New Malden, Surrey, London, is one of the best effort the store group could do in terms of green technology. It uses harvested rainwater to feed the plants in the garden centre and to flush toilets. There is a photovoltaic system, solar thermal water heating panels and a sedum - planted green roof to absorb CO2. Underwater SeascrapersThink of waves as concentrated wind power. As winds move across the oceans, they create ripples, which grow into swells. Because water is heavier than air, each wave can transfer some 800 times more energy than a similar volume of wind. |