carbon footprint

The U.S. Department of Energy (DOE) has announced it will postpone, by 18 months, some of the stricter new Energy Star appliance efficiency standards mandated in the wake of the March 2010 scandal over laxity and false reporting triggered by a U.S. Government Accountability Office (GAO) report.

Touted when first announced in January of 2010 as “likely to create hundreds of jobs”, the world’s largest wood pellet plant – a joint effort between German firm RWE Innogy (ETR:RWE) and Swedish firm BMC – cost $170 million to build and occupies about 300 acres in the Waycross (Georgia) Industrial Park. RWE Innogy delivers renewable energy in Europe. BMC is a project and technology development company vested in wood-based biomass.   

Furniture manufacturing giant IKEA is known for providing affordable furnishing. Its global presence has been marked by big blue warehouse sized stores with yellow trim. The Swedish company is working to also be known for its sustainable energy generation.

Walgreens (NYSE:WAG), the largest drugstore chain in the United States, has opened its first store to employ a geothermal energy system in Oak Park, Illinois.

As part of the mandatory reporting program, the U.S. Environmental Protection Agency (EPA) has established greenhouse gas emissions reporting requirements for both the petroleum and natural gas industries.

A new survey conducted by the consultancy firm Deliotte shows that British companies are unprepared to meet carbon emission accounting standards should they become mandatory government guidelines.

British Gas, the United Kingdom's leading energy and home service provider, heads the list of strategic investors committing nearly USD$24 million to online energy management company AltertMe in its second round of fund raising.

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