Jan 31 (Reuters) – British nuclear reprocessing plant
Sellafield said it had detected elevated levels of radioactivity
at one of its on-site monitors and was operating at reduced
staffing levels on Friday.
The plant is located in Cumbria, northwest England.
Since 2005, the plant has been owned by the Nuclear
Decommissioning Authority and operated by Sellafield Ltd.
LONDON (Reuters) – Global “green bond” issuance should more than double this year to a record $25 billion as increased information on how the money will be used attracts more investors to the fledgling market, investment bank HSBC said.
Proceeds from green bonds are typically used on projects to cut greenhouse gas emissions, adapt to climate change, increase energy efficiency or expand the use of renewable energy.
LONDON, Jan 14 (Reuters) – U.S. aircraft maker Boeing Co.
aims to seek approval from regulators around the world to
use “green diesel” as a jet fuel, the company said, which could
cut carbon emissions without boosting costs.
Green diesel is made from oils and fats such as used cooking
oil, plant oils or waste animal fats in a process that uses
hydrogen to break big molecules into smaller ones.
LONDON, Jan 8 (Reuters) – RWE npower on Wednesday became the
last of Britain’s “big six” utilities to say it will reduce
bills for domestic customers in response to government policies.
The six had angered the public by unveiling above-inflation
price rises, but agreed in December to pass on savings from a
government plan to shift some environmental taxes away from
energy bills in an effort to cut soaring costs in the run-up to
an election due in 2015.
LONDON, Dec 19 (Reuters) – Britain’s Eggborough Power
Station faced an uncertain future on Thursday after a decision
by the British government not to make its biomass conversion
project eligible for fast-track support.
To boost investment in clean energy technology, the
government is reforming its electricity market and will replace
a renewables support mechanism called the Renewables Obligation
with a new scheme called “contracts-for-difference” (CfDs).
LONDON, Dec 10 (Reuters) – The European Bank for
Reconstruction and Development (EBRD) will focus on energy
efficiency and renewable energy investments over the next five
years and slash its funding for coal projects, a managing
director at the bank told Reuters.
On Tuesday, the board of directors at the EBRD – a
multilateral development bank set up in 1991 to help former
Soviet countries develop market economies – approved its energy
strategy from 2014 to the end of 2018.
LONDON, Dec 4 (Reuters) – British lawmakers rejected an amendment on
Wednesday that would have forced tougher rules on old coal-fired power plants,
sparing the energy market from an even tighter squeeze as ageing nuclear plants
shut later this decade.
The amendment would have extended the so-called emissions performance
standard (EPS) to cover old and inefficient coal plants, as well as new ones,
unless they were fitted with costly carbon capture and storage technology.
LONDON (Reuters) – An internationally agreed target to limit rises in global average temperatures to within 2 degrees Celsius is around double the threshold that would avoid catastrophic climate change, a study by 18 eminent scientists said.
Governments decided in 2009 that such temperature increases needed to be no more than 2 degrees C (3.6 Fahrenheit) above pre-industrial levels to avoid effects such as more extreme weather, higher sea levels and ocean acidification.
WARSAW, Nov 23 (Reuters) – Almost 200 nations kept a plan to
reach a new U.N. climate pact in 2015 alive on Saturday when
rich and poor countries reached a compromise on sharing out the
efforts needed to slow global warming.
A two-week negotiation in Warsaw had been due to end on
Friday, but was blocked over a timetable for the first U.N.
climate accord that would set greenhouse gas emissions
requirements for all nations. The pact is due to be agreed in
2015 and come into force after 2020.
WARSAW (Reuters) – Talks to lay the foundations for a new U.N. climate pact due in 2015 were deadlocked as they ran into overtime on Saturday, with nations at odds over stepping up finance for developing countries to ease the impact of global warming.
The Warsaw meeting, which had been due to end on Friday, was meant to lay the groundwork for creating the first climate accord to be applicable to all nations by 2015, which would come into force after 2020.