A new Worldwatch Institute report stresses the urgent need for cuts in global greenhouse gas emissions. Although global emissions of carbon dioxide (C02) declined slightly in 2009, the beginnings of economic recovery led to an unprecedented emissions increase of 5.8 percent in 2010. In 2011, global atmospheric levels of CO2 reached a high of 391.3 … Read more
The power sector is the one of the world’s biggest consumers of water, but one source – wind power – uses very little water to produce electricity. All fossil fuels and nuclear need significant quantities of water to pump crude oil out of the ground, remove pollutants from power plant exhausts, flush residues after fossil … Read more
The International Energy Agency has released its first Clean Energy Progress Report, which assesses global deployment of clean energy technologies and provides recommendations to countries on future action and spending. The report finds that while impressive progress has been made in developing clean energy technologies in recent years, the success stories are being overshadowed by … Read more
Alternative fuels have the potential to gradually replace fossil energy sources and make transport sustainable by 2050, according to a report presented to the European Commission by the stakeholder expert group on future transport fuels. The EU will need an oil-free and largely CO2-free energy supply for transport by 2050 due to the need to … Read more
Ireland’s GDP could fall by as much as 7.5% if the world was to experience a sudden oil or gas price rise, according to a report launched by Siemens. The report, which examines the economic impacts for Ireland of different high oil and gas price scenarios, highlights the particular vulnerability of the Irish economy to … Read more
Bord na Mona has reported a slight drop in operating profits from Eur23.8m to Eur23.0m for the year ending March 2010 on turnover down 4% to Eur384.0m. The operating profit margin edged up to 6.0% compared to 5.9% the previous year. “These figures reflect a very solid performance for Bord na Mona in a challenging … Read more