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EU carbon market is subsidising Polish coal plants NGO

2016-04-26 12:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Carbon markets are supposed to make polluters pay, encouraging investment in carbon-cutting kit. Yet a provision in the EU`s flagship emissions trading scheme mean it is doing the opposite, Carbon Market Watch warned in a report on Tuesday: subsidising coal. Poland, Romania and Czechia are the biggest beneficiaries of free permits worth an estimated EUR12 billion over 2013-19, analysts found. The handout was supposed to support "modernisation" of the power sector in poorer EU states. In...

Tags: market plants carbon polish

 

China to build nuclear power plants on artificial islands

2016-04-24 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Chicago Tribune: China's quest to fence off a big chunk of the South China Sea may have just gotten another, powerful boost: plans for a fleet of floating nuclear power plants that could provide huge amounts of electricity for the far-flung atolls and islets. While floating nuclear power plants are hardly a novel idea, their use in the South China Sea - a typhoon-wracked hotbed of territorial disputes and increasing military rivalries - would be worrisome both for environmental and security reasons. Chinese state...

Tags: power china build islands

 
 

China to develop floating nuclear power plants

2016-04-22 13:29:00| Climate Ark Climate Change & Global Warming Newsfeed

New York: All the radar systems, lighthouses, barracks, ports and airfields that China has set up on its newly built island chain in the South China Sea require tremendous amounts of electricity, hard to come by in a place hundreds of miles from the countrys power grid. Beijing may have come up with a solution: floating nuclear power plants. A state-owned company, China Shipbuilding Industry Corporation, is planning to build a fleet of the vessels to provide electricity to remote locations including offshore...

Tags: power china develop plants

 

Panel: Ancillary Services from Wind and Solar Plants

2016-04-22 00:26:00| Transmission & Distribution World

The technical capabilities of wind and solar power plants have made dramatic progress in the past 7-8 years. read more

Tags: services panel wind plants

 

Olam signs loan agreement to improve four food processing plants

2016-04-21 01:00:00| Food Processing Technology

Singapore-based agribusiness Olam International has signed a $175m loan agreement for five years in a bid to finance four of its food processing facilities in Nigeria and India.

Tags: food agreement improve processing

 

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