![]() |
| Issue: 1 Volume: 5 |
|
Climate Change: Companies must lead climate change fight - Consumer PowerAccording to a worldwide survey, consumers want companies to do more to protect the environment and should play a vital role in fighting global warming. Many of them in favour of buying greener goods and even prefer donating cash to help social and environmental causes. China report warns of greenhouse gas leapResearchers abroad estimate that China's carbon dioxide emissions now easily outstrip that of the United States, long the biggest emitter. Environment-friendly products output to double: UNProduction of Environmentally friendly goods is set to double. Looking at the present scenario it is estimated that about 6.3 million people could be working in solar energy sector by 2030. Already the renewable energy industry employs more people than the fossil fuels sector. First carbon-neutral automotive plant: VolvoAutomobile manufacturing company Volvo becomes the first manufacturer in Belgium to set a plant that operates without net CO2 emission, following the principle of reducing energy consumption, reducing CO2 emissions and abandoning the use of fossil fuels. United States of America Aim to Cut Gases by Making Polluters PayBy putting a price on the carbon dioxide power plants emit, it gives plants a financial incentive to clean themselves up, with the proceeds channeled to energy-saving and renewable energy programs in each state - Regional Greenhouse Gas Initiative, RGGI to cap emissions for 233 plants. Carbon market could supply cheap debt - bankersEuropean Energy Companies may sell their carbon permits to overcome the financial crises, struggling to raise cash from banks to fund projects. |