News : low carbon economy

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Concerted efforts needed to secure key resources for low-carbon future

3/28/2012 9:14 AM EST  -   Stockholm Environment Institute
Press release: March 28, 2012

New SEI studies on biomass, scarce metals and water, produced as part of a partnership with the business initiative 3C (Combat Climate Change), show supply constraints could slow deployment of green energy technologies by 2035 – but business and policy choices can reduce these risks.
Low-carbon technologies – solar, wind, hydroelectric and geothermal power, biofuels, electric and...

Underwater kites set to power all households in city the size of Newcastle by 20...

4/19/2011 1:05 PM EST  -   Carbon Trust
Carbon Trust provides £350,000 grant for first seagoing trials of innovative tidal energy device.
Tidal energy device developer Minesto UK Ltd is receiving a grant of up to £350,000 from the Carbon Trust funded by Invest Northern Ireland to deploy the first seagoing prototype of its innovative seakite technology –...

Runcorn company leads the way in world class fuel cell technology

4/19/2011 11:15 AM EST  -   Carbon Trust
Breakthrough technology developed by UK company could make hydrogen fuel cell cars a mass-market reality, says Carbon Trust.
A world-leading new fuel cell technology developed by a small business in Runcorn has been selected for a £1million investment by the Carbon Trust as part of its Polymer Fuel Cell Challenge. ACAL Energy’s new approach means that for the first time, hydrogen-powered fuel...

UK Cleantech Entrepreneurs are Confident of Green Growth

4/15/2011 5:30 AM EST  -   Carbon Trust
77 per cent plan to expand workforce in next 12 months but access to finance is key to growth
The UK’s cleantech companies are feeling optimistic about the future, according to new research released today by the Carbon Trust. Defying the wider economic uncertainty, the UK’s cleantech companies have become more confident about their...

Carbon Trust Guide Helps SMEs Benefit from UK's Green Growth

4/14/2011 7:23 AM EST  -   Carbon Trust
Small and medium-sized businesses across the UK can benefit from advice on how to unlock their potential for green growth thanks to a new guide on green business released by the Carbon Trust.
The market for green goods and services is already valued at £112 billion in the UK alone and the Carbon Trust believes that SMEs can profit from accelerating growth in the green economy.

However, recent research from...

Carbon Trust Research Confirms Role of Offshore Wind in UK's Green Growth

4/13/2011 5:34 PM EST  -   Carbon Trust
Growth of up to 10% per year with up to 230,000 jobs in 2050
New economic analysis released by the Carbon Trust reveals that the global offshore wind sector is set to grow by up to 10 per cent per year and the Carbon Trust expects the UK to capture around a 10% share of the global offshore wind market, which is estimated to be worth up to £170bn/year (1) by 2050. The new analysis also concludes the sector could...

Only 7% of the Public Believe Company Claims of Action on Climate Change

4/13/2011 12:05 PM EST  -   Carbon Trust
66% of the public question authenticity of company climate change claims
Businesses risk facing a costly backlash due to consumer mistrust of firms’ claims of action on climate change, according to new research commissioned by the Carbon Trust and supported by global brand analysis, from BrandZ.
The research revealed that 90% of the public want firms to commit to the average 3% per year emissions cut required...

Carbon Trust secures £1.9m of new funding from regional growth fund

4/13/2011 5:30 AM EST  -   Carbon Trust
Responding to news that the Carbon Trust has been successful in its application for funding to the first round of the Regional Growth Fund Benjamin Sykes, Director of Innovation said:
“We are delighted that our bid to fast track the uptake of energy efficiencywithin the industrial sector has been backed with £1.9m of new Government...

The Carbon Trust and Siemens launch new green finance deal worth £550 million to...

4/13/2011 4:27 AM EST  -   Carbon Trust
A joint partnership between the Carbon Trust and Siemens to provide UK businesses with green equipment finance worth up to £550 million over the next three years has been announced today.
This major new deal will boost green growth and unlock business investment in the low carbon economy – key to the UK’s recovery. The new dedicated low carbon finance scheme is...

Green growth holds the key to West Midlands’ recovery

4/12/2011 5:46 PM EST  -   Carbon Trust
But businesses must act to convert ‘potential’ into ‘profits’ 

Green economy is set to grow by 25% in next four years

Yet just 1 in 5 local businesses recognise opportunity to boost profits

And only 1 in 4 are investing in greener products and services
Companies in the West Midlands need to wake up to the power of the green economy to promote sustainable growth and economic recovery, says the Carbon...