6 September 2010

News / Business

Winds of change in clean energy in Singapore

Singapore, September 3 - Wind may still be used to generate electricity in Singapore - just not Mother Nature’s breeze. Both JTC Corporation and the Housing Board are looking into the use of vertical axis wind turbines, where the blades spin around an upright shaft.

Burger King drops Indonesian palm oil company

United States, September 2 - US fast food giant Burger King said Thursday it would no longer buy palm oil from Sinar Mas or its subsidiaries after Greenpeace campaigned against the Indonesian group’s land-clearing practices.

Greenpeace wants Facebook center off coal fuel

Amsterdam, September 2 - Greenpeace said about 500,000 Facebook users have urged the world’s largest online social network to abandon plans to buy electricity from a coal-based energy company for its new data center in the U.S.

 

ADB to issue First Clean Energy Bond

Manila, September 1 - The Asian Development Bank (ADB) plans to issue its inaugural Clean Energy Bond to support its clean energy projects in Asia and the Pacific.

The Singapore Exchange issues guidelines on 'green reporting'

Singapore, Aug 29 - The Singapore Exchange (SGX) is going green. It is encouraging all listed firms to undertake ‘sustainability reporting’ - or the disclosure of the social and environmental aspects of their business - and has issued guidelines regarding this.

More firms in carbon trade setting up shop in Singapore

Singapore, Aug 28 - More companies trading in carbon offsets and those financing emissions reduction projects are setting up shop in Singapore.

Clean Energy Alliance Established in California

California, August 27 - An alliance of California business, labor, environmental, and community leaders have joined together to put forth The California Apollo Program—a comprehensive strategy for creating clean energy jobs in California.

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