15 December 2009

MIT reinvents wheel, cap and trade fish, and other company, industry, and technology news

Top Stories

Global carbon emissions budget 10% off track for 2000-2050, and could run out by 2034.reliability high.
Report from PricewaterhouseCoopers "estimates a maximum global carbon budget for the period from 2000 to 2050 of just under 1,300 GtCO2, with national breakdowns for the G20 on an annual basis, to give the world a fair chance of limiting global temperature rises to no more than 2ºC (relative to pre-industrial levels), without sacrificing long term economic growth." It finds that most countries are way off track and are spending this carbon budget much faster than is sustainable, ensuring that the planet will overshoot 2ºC if policies and practices don't change. See PwC site.

Despite Denmark's Chill, Commercial Opportunities are Hotting Up.reliability medium.
Carbon Disclosure Project CEO Paul Dickinson says: "It will be business innovation which will deliver the solutions to climate change and which hold the key to a successful low carbon economy. Climate change is often viewed as a business risk, we hear from climate change skeptics that the cost to business of reducing emissions will be too big to bear, but if you look at the evidence across the whole of business, this just doesn't stack up. The commercial opportunities in helping to solve the challenges of climate change are enormous." Gives examples from telepresence, transportation, energy and utilities, efficiency. "Climate change represents the first ever predictable industrial revolution." From GreenBiz blog.

Companies, Industries, Markets and Supply Chains

Braskem and Novozymes to make green plastic.reliability high.
"Braskem, the largest petrochemical company in Latin America, and Novozymes, the world’s leading producer of industrial enzymes, today announced a research partnership to develop large-scale production of polypropylene from sugarcane." See Novozymes press release.

India Leather industries adopt 'green' measures.reliability high.
"According to president of UP Leather Industries Association (UPLIA) Taj Alam, several leather units have been adopting cleaner technology for leather production, tannery solid waste generation and byproduct management and management of chromium containing waste for curbing pollution in the Ganga." More about pollution abatement actions in the industry. From Times of India.

Government and Regulation

NOAA Proposal Aims to Spur Cap-And-Trade Management of Fisheries.reliability high.
"The National Oceanic and Atmospheric Administration's proposal encourages regional fishery managers to use 'catch shares' in a bid to end overfishing and restore depleted stocks. The plan calls for establishing a support system and laying out federal guidance to expedite efforts by fishery management councils that want to switch to the new management systems." "Catch shares -- used by a minority in U.S. fisheries management -- differ from traditional fishery management by giving commercial fishers ownership in the system." See New York Times from Greenwire. PDF of proposal here.

Technology and Geek Corner

MIT re-invents the wheel, for bicycles.reliability medium.
"The Wheel, shown at the Copenhagen Conference on Climate Change, has a bright red hub stuffed with electronics. 'When you brake, your kinetic energy is recuperated by an electric motor and then stored by batteries within the wheel, so that you can have it back to you when you need it. The bike wheel contains all you need so that no sensors or additional electronics need to be added to the frame and an existing bike can be retrofitted with the blink of an eye.' The wheel also has a Bluetooth connection to the user's iPhone, which can be mounted on the handlebars. The system can 'monitor the bicycle's speed, direction and distance traveled, as well as collect data on air pollution and even the proximity of the rider's friends,' says MIT. It can also send you an SMS message if the bike is stolen." With video. See The Guardian technology blog. [Global Coolness.]

Can You Save The Planet? Just Pick the Policy Target . . .reliability high.
"Play the role of a climate change negotiator at the Copenhagen summit and use this tool to see how different emission levels affect global temperature" From The Guardian. [does any  combination of targets guarantee staying below 2 degrees C warming?]

[Crossposted from HaraBara.com courtesy of HaraBara, Inc. Copyright © 2009 HaraBara, Inc.]