Shares in Econergy International, the carbon trading company, surged 23 per cent on Thursday on indications from Vincent Tchenguiz, its leading shareholder, that he was considering taking the company private.
A company banking on drivers’ weariness of skyrocketing gasoline prices unveiled a home refinery device on Thursday offering another option: ethanol. E-Fuel Corporation says its EFuel100 MicroFueler can produce up to 35 gallons (132 liters) of ethanol a week that consumers can pump directly into their cars and trucks. There is no combustion inside the device, which runs on a standard household …
As if we don’t have enough on our plate, we now have to contend with rice shortage, uncontrolled oil price in the world market, which is greatly affecting our economy, runaway prices of basic commodities and a steadily rising inflation rate at home.
If anyone had doubts about the importance of the voluntary carbon market they would certainly have been overcome by the announcement last month by Merrill Lynch of a new carbon offset service to assist businesses to reduce emissions through voluntary offsets.
Andrew Charlesworth, BusinessGreen , Friday 9 May 2008 at 12:53:00 Defra report says scheme would be too unpopular and set-up costs would outweigh financial gains The UK government has backed away from a carbon-trading scheme for all citizens. The Personal Carbon Trading Initiative, floated by David Milliband in November 2006 when he was environment secretary,… > Read the full …