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DuPont sustainability report shows revenues growing faster than CO2 emissions
DuPont has released its 2012 sustainability report, showing increased CO2 emissions, up about 6% in 2011, to 17 million m.t., compared with 2010. Revenue increased 14%, to $38, 719 million. The company’s emissions are 8% below its baseline year of 2004. DuPont has 2015 goal of reducing CO2 emissions...

Appeals Court Upholds Four Key EPA Rules Limiting GHGs
The U.S. Court of Appeals for the District of Columbia upheld on June 26 four EPA greenhouse gas (GHG) rules, including its finding under the Clean Air Act (CAA) that GHGs endanger public health. The endangerment finding was the first step necessary for EPA to begin regulating GHGs using its existing CAA...

U.K. Offers £20 Million ($31 Million) Prize to Boost Carbon Capture Innovation
U.K. government energy secretary Edward Davey has launched a competition worth up to £20 million to fund the development of innovations in Carbon Capture and Storage (CCS) technology.   Bids are being invited to develop better and cheaper CCS components and systems for pilot scale demonstration...

Poland Vetoes EU's Planned Route to Low-Carbon Economy
Poland at a ministerial level meeting on Friday vetoed a proposal by the European Union (EU) to introduce an 80-95% cut in greenhouse gas (GHG) emissions by 2050, from a baseline of 1990. Poland, which generates 90% of its electricity from burning coal, a potent source of GHG, is resisting the move on the...

BASF Targets 35% Hike in Energy Efficiency by 2020
BASF has set a series of new environmental, health and safety goals for the group. One of its new goals is to increase energy efficiency - defined as the amount of products sold in relation to the primary energy demand - worldwide by 35% by 2020. This compares with a previous goal of 25%. BASF also plans to...

Canada Withdraws from Kyoto Protocol
Canada’s environment minister Peter Kent has announced that the country is withdrawing from the Kyoto Protocol, the world’s only legally binding instrument set up in 1997 for curbing greenhouse gas (GHG) emissions. Kent says Canada is invoking its legal right to withdraw. The move comes just one...

World Agrees Roadmap for Curbing Greenhouse Gas Emissions, China and U.S. Join In
No one gave it a cat’s chance in hell of succeeding, but COP 17, the United Nations climate change summit held in Durban, South Africa at its close yesterday delivered a partial breakthrough by securing a legally binding requirement for countries by 2015 to set greenhouse gas (GHG) emissions reduction...

International Year of Chemistry: Leaders See a 'Need for Speed' to Innovate
A new level of urgency is required to ensure that innovation in the chemical industry can deliver solutions to the world's most pressing issues in areas including food, clean water and energy, says Christian Jourquin, CEO of Solvay. Unlike the position of a few years ago, "there is a need for...

U.K. Government Offers Industry Relief on Energy Costs and R&D (update 2)
The U.K. government says it will provide a reported £250 million ($390 million) in tax relief and compensation to energy intensive companies faced with higher costs from its national carbon tax, and also extend its R&D tax credit to larger companies. The two areas of relief for industry were tabled...

EU Companies Require 'Quantum Leap' to Decouple Emissions from Economic Growth
If European companies in the four highest emitting sectors of utilities, materials, energy and industrials - including chemicals - achieved their current greenhouse gas (GHG) emissions reduction targets set to 2020, they would deliver an average annual emissions reduction of just 1.7%. This falls short of...












 
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