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Environment


Kerry Says a `Great Deal' of Consensus Reached on Energy, Climate Policy Senator John Kerry said a bipartisan group of lawmakers achieved a “great deal of consensus” on energy policy at the White House yesterday, and he’s moving “rapidly” to introduce legislation on the subject.

Valeo to Focus on Fuel-Saving Emissions Technology to Double Sales by 2020 Valeo SA, France’s second-largest car-parts maker, said it aims to outpace auto-industry growth in the next decade by developing fuel-saving engine technology and expanding in emerging markets.

Athamas's Forestry Hedge Fund Will Sell More Wood, Fewer Carbon Credits A forestry and carbon hedge fund proposed by Athamas SA will focus on wood rather than carbon credits after United Nations climate talks in December failed to set international targets after 2012.

E.ON to Invest $678 Million in Renewable Energy in Italy, Corriere Reports E.ON AG plans to invest 500 million euros ($678 million) in Italian renewable-energy projects between 2009 and 2012, Corriere della Sera reported, citing an interview with Chief Executive Officer Wulf Bernotat.

First Climate Seeks $136 Million in Investment for CO2 Credits After 2012 First Climate AG said it signed letters of intent with major European utilities to invest in projects that may generate emission credits good after 2012.

China Won't Be Adding Emission Reduction Policies in Near Term, Zhang Says China won’t introduce new policies on emission cuts in the near term, Zhang Lijun, vice minister of environmental protection, said at a briefing today.



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