URL: http://www.grainnet.com/articles/Senators_Introduce_Bipartisan_Ethanol_Education_and_Expansion_Act-44560.html Website: http://www.grainnet.com/articles/Senators_Introduce_Bipartisan_Ethanol_Education_and_Expansion_Act-44560.html
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Thomson Financial, in partnership with IR magazine, conducted a survey to assess the importance of Corporate Responsibility to investors and Investor Relations Officers. They surveyed 54 corporate officers across all industries and market capitalizations and 33 buy-side professionals. – Over 82% of investors consider CR criteria in their investment decision. – Though over 78% of investors rate CR concerns as important to their investment decision, IROs believe investor concern over CR issues is sharply lower. – Nearly 73% of shareholders and 59% of IROs believe CR impacts share price. Corporations and investors focus on different areas of corporate responsibility. Only 40% of IROs answer shareholder questionnaires, and those that do spend less than five man-hours per month on the task. Very few companies currently communicate CR or governance information on their corporate website. Approximately 60% of respondents believe their firms spend less than $50,000 a year on CR communications, and many of these respondents are uncertain that this amount is being well-spent. However, those respondents spending over $100,000 were more convinced that the spend is justified by the benefits. 70% of corporate respondents feel that their company is sincerely committed to corporate responsibility
WorldWater & Solar Technologies Corp. (OTC BB:WWAT.OB), developer and marketer of proprietary high-power solar systems, and Solargenix Energy, LLC headquartered in Sanford, North Carolina, have signed a Strategic Memorandum of Understanding (MOU) to expand and increase the efficiency their respective sales forces. WorldWater is an international solar engineering and water management company with unique, high-powered solar technology providing solutions to power and water supply problems; Solargenix is in the business of maximizing patented solar collection technology and other patents and know-how in solar thermal heat, with worldwide experience in energy and environmental engineering, solar design and building construction. The Companies expect to offer a full spectrum of solar capabilities for residential, industrial, and commercial buildings – from lighting to heating, from driving motors and pumps to hot water supply and HVAC. Solargenix holds a 45% stake in Acciona Solar Power, Inc. (formerly Solargenix Energy, Inc) the company currently developing a 70MW solar thermal power plant in Boulder City, Nevada. The MOU between Solargenix and WorldWater excludes Acciona, but contemplates exploring the viability of using WorldWater’s PV technologies in the large scale power plant business. Solargenix solar thermal patents are based on non-imaging optics science developed at the University of Chicago […]
News and EventsSixteen Cities and Five Banks Join Efficiency Effort for Buildings EPA Proposes Criteria for Clean Vehicles Allowed in HOV Lanes General Motors Achieves a Record Distance in a Fuel Cell Vehicle Racers Fall Short of Mileage Record at Shell Eco-marathons Energy ConnectionsEIA: World Energy Use to Grow 57 Percent by 2030 News and EventsSixteen Cities and Five Banks Join Efficiency Effort for BuildingsSixteen of the world’s largest cities – including Chicago, Houston, and New York – have joined in a global effort to reduce energy consumption in existing buildings. The Energy Efficiency Building Retrofit Program, a project of the Clinton Climate Initiative, will draw on $5 billion in financing to be provided in equal amounts by five banks: ABN AMRO, Citi, Deutsche Bank, JPMorgan Chase, and UBS. The banks will finance cities and private building owners to undertake energy efficiency retrofits. Four energy service companies – Honeywell, Johnson Controls, Siemens, and Trane – will conduct energy audits, perform building retrofits, and guarantee the energy savings of the retrofit projects. The companies will be assisted by the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE) and the U.S. Green Building Council. See the ASHRAE press release.The municipal and […]
General Electric (NYSE:GE) reported that revenues from its Ecomagination portfolio of energy efficient and environmentally advantageous products and services surged past $12 billion in 2006, up 20% from 2005, while the order backlog rose to $50 billion. “These extraordinary revenues and orders are the initial payoff from directly aligning our product portfolio with our customers’ needs and evolving trends, while ‘doubling-down’ on investments in leading edge technology and innovation,” said GE Chairman and CEO Jeff Immelt. “Ecomagination is growing beyond our expectations, evolving into a sales initiative unlike any other I’ve seen in 25 years at GE.” GE made progress on each of its Ecomagination commitments in 2006: 1) Double its investment in clean research and development: GE invested $900 million in cleaner technology research and development in 2006, drawing closer to its $1.5 billion annual ecomagination R&D target by 2010. GE also increased the number of ecomagination-certified products 50% over the last year – from 30 to 45 products. 2) Increase revenues from ecomagination products: GE reported $12 billion in revenues from ecomagination products and services in 2006, on course to the goal of $20 billion in sales in 2010. 3) Reduce its greenhouse gas (GHG) emissions and improve […]
Rohm and Haas Company (NYSE: ROH) announced it would allocating $150 million – roughly half of its 2007 R&D budget – for sustainability efforts, including new product development, energy efficiency and process improvements. Many of the new products are intended to help transform traditional industrial applications to more sustainable, water-based acrylic technology, including home building insulation, road/highway marking paints, and industrial paints and coatings. Rohm and Haas introduced acrylic emulsion technology – which emit low amounts of volatile organic compounds (VOCs) for interior house paints over 50 years ago. About 85% of the paints sold in the US are based on acrylic technology today. “We see great potential to use our deep understanding of coatings technology to convert industrial applications to safer, water-based products,” says Luis Fernandez, Vice President and Group Director responsible for Rohm and Haas’s $2 billion Paint and Coatings Materials business. “We estimate that, today, only about 20 percent of the industrial market has shifted to the more environmentally advanced acrylic technology. We have the products, and the technical knowledge, to be the catalyst that will accelerate the shift.” Website: [sorry this link is no longer available]
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The House Committee on Foreign Affairs overwhelmingly approved legislation to step up U.S. involvement in stopping global warming and urging the Administration to take a true leadership role in this matter of international urgency. “This bill signals a turning point in United States engagement with the international community on global warming,” Chairman Tom Lantos (D-CA) said before the committee voted 29-16 to support the bill. “No longer will we debate and delay endlessly concerning this crisis. We will finally act to curtail global warming in a far-reaching and significant way.” The International Climate Cooperation Re-engagement Act (H.R. 2420), which is co-sponsored by Congressmen Chris Smith (R-NJ) and Ed Markey (D-MA), underscores the global consensus that the concentration of greenhouse gasses in the earth’s atmosphere must be reduced through a coordinated international response. It mandates serious U.S. re-engagement in the effort to reach a global agreement that requires binding emissions mitigation commitments from all the major emitters, including China, India, and Brazil. And it supports energy export policy and assistance programs that will promote clean-energy production in even the poorest countries. Where currently low-level negotiators have been sent by the United States to key international meetings on climate change, under the […]
A unit of state-owned Philippine National Oil Co. has signed a US$1.3 billion deal with UK-based NRG Chemical Engineering to build biofuel refineries and plantations in the Philippines. The investment will be spread over five years and involves building a US$455 million biofuel refinery within the next three years. The companies plan to plant over a million hectares of biofuels crop jatropha in the Philippines.