Private company Sapphire Energy, which aims to squeeze "green" crude oil from blooms of one of the planet's oldest life forms, said on Wednesday it has raised over US$100 million from investors.

Fuel economy: turf war or guerrilla ambush It can get as bad as not having any money left to buy oil. Increased oil demand from rapidly growing cars can make it worse. Yet there is no sign of official agreement on who must take the lead to draft fuel economy regulations for cars to get more miles out of a litre of fuel burnt. When the push for these regulations came about two years ago from

CANBERRA - The Australian government is seeking to introduce one of the world's most inclusive carbon trading schemes by 2010 but needs the support of big business, which fears emissions trading will make them less competitive.

Energy Minister Martin Ferguson met more than 70 large firms at parliament on Friday to talk over their concerns.
Left-leaning Labor Prime Minister Kevin Rudd has made tackling climate change and rising carbon emissions a top priority of his government.

Press Trust Of India / Miami September 01, 2008, 0:13 IST

India is the third biggest emitter of carbon dioxide in the world, with state-owned NTPC topping the list of companies belching the deadly gas, according to the new data released by a Washington-based think-tank, which has advocated an

World marketed energy consumption is projected to increase by 50 percent from 2005 to 2030. Total energy demand in the non-OECD countries increases by 85 percent, compared with an increase of 19 percent in the OECD countries.

The Australian government would be open to negotiations with big business over plans for carbon trading, Prime Minister Kevin Rudd said on Wednesday, after industry complaints about government proposals.

But Rudd warned business that carbon trading, needed to help Australia cut its greenhouse gas emissions, could not be done without some cost on industry.
"It will never happen cost free. It is not a cost-free business," Rudd told the National Press Club on Wednesday.

Nature's News team looks at how much carbon-free energy might ultimately be available

Exelon, the electric company based in Chicago, will promise on Tuesday to cut greenhouse gas emissions by 2020 by an amount larger than its total emissions in 2008, in a bid to shape the debate on carbon dioxide rules and to get a jump on compliance.

TIMES VIEW Store it but after proper testing

A government white paper issued Tuesday calls on households to save energy as a means of cutting greenhouse gas emissions. According to the paper, the ratio of carbon dioxide emissions in Japan from the household sector compared with overall emissions of such global warming gases is lower than in the United States and Europe. However, household energy consumption in Japan surged 44 percent in 2005 from 1990, the white paper on the environment and recycling says.

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