Green Business News Headlines

Thu, Jan 5 2012

China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

Environment, China 05 Jan 2012

Analysis: Clock ticking for rains to save Argentine soy crop

BUENOS AIRES - Unrelenting sun in Argentina has scorched as much as a fifth of its corn crop and the drought will start biting into the country's vast soy harvest unless rains come to the rescue this month or next.

Environment, Argentina 05 Jan 2012

RWE to open UK's biggest biomass plant this month

LONDON - RWE npower will start commercial operations at Britain's biggest biomass power station at Tilbury in Essex at the end of January, a spokeswoman said on Thursday.

05 Jan 2012

Kenya wind power project to start by April: official

NAIROBI - Construction of a 310 megawatt (MW) wind power project in Kenya is expected to start in April after its financiers complete due diligence on the project, a senior company official said on Thursday.

05 Jan 2012

Wed, Jan 4 2012

Group says Chesapeake Bay cleanup plan will boost jobs

PORTSMOUTH, Va - Mandatory pollution limits will create rather than kill jobs in the Chesapeake Bay region, according to a new study by an environmental group working to restore and protect the nation's largest estuary.

U.S., Environment 04 Jan 2012

Vestas chairman sidesteps CEO confidence question

COPENHAGEN - The chairman of wind turbine maker Vestas sidestepped questions about the future of its chief executive on Wednesday after the company's second profit warning in three months and ahead of a reorganization plan due to be revealed next week.

04 Jan 2012

Ascent Solar says China's TFG Radiant doubles stake

- Ascent Solar Technologies Inc said it will sell an additional 21 percent stake to TFG Radiant Group, in a move that will double the Chinese group's ownership in the U.S. photovoltaic cell maker to 41 percent.

04 Jan 2012

China airlines won't pay EU carbon tax: industry body

HONG KONG/SINGAPORE - China's airlines will refuse to pay any charges under the European Union's new carbon trading scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers.

Environment, China 04 Jan 2012

China airlines will not pay EU emissions tax: industry body

HONG KONG - The China Air Transport Association, which represents the country's four major airlines including flag-carrier Air China Ltd, said on Wednesday that Chinese airlines would not pay any charges under the European Union's Emissions Trading Scheme (ETS).

04 Jan 2012

Vestas to review U.S. operations if PTC expires: CEO

COPENHAGEN - Danish wind turbine maker Vestas will review its manufacturing in the United States in the fourth quarter if the U.S. production tax credit (PTC) is not extended, the group's chief executive said on Wednesday.

04 Jan 2012

Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.