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The International Energy Agency targets to have half of the world’s increasing demand for energy met by renewable sources in year 2050; the UK aims to reduce carbon emissions by 80% in the same year; Joachim Luther, a nuclear scientist turned renewable energy researcher, communicates the same urgency and commented that sustained policy activity, coherence … Continue reading
Russia’s oil pipeline monopoly transneft- runs from Eastern Siberia to NE city of Daqing. Russia’s Gazprom: world’s largest gas producer signed framework agreement get to sort out pricing. Will be finalised by mid 2011, start supply in 2015. Also signed pacts on co-op in future energy efficiency, renewable energy, nuclear power and prevention of illegal … Continue reading
– Outright ban of plastic bags and styrofoam boxes: extinction of suppliers, loss of jobs – Ban of energy inefficient appliances: Time frame required for phase out of appropriate appliances while others have yet to have energy efficient alternatives – Grants for low-income families to adopt greener technologies: personal view is there can be more … Continue reading
Ownership & Participation
The consequences of curbing on the oil refinery business.
-Eco-recycling park -Commercial Applications for recycled products. -30 year land leases -located near feed industries for synergy projects set up in Tuas -Recycling associations in Singapore
Regulatory Standards: 1. Raising Emission Standards of cars 2. Providing subsidies for renewable energy (however, ‘shadow price’ may force costs on consumers and companies. 3. Tiered pricing system for electricity 4. Carbon taxes