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Carbon Market Trebled in 2006

URL: http://www.planetark.com/dailynewsstory.cfm/newsid/41671/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/41671/story.htm     

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Arcadia Biosciences, Chinese Province to Establish Carbon Trading for Rice Farming

Arcadia Biosciences has agreed with the government of the Ningxia Hui Autonomous Region (Ningxia) of China to establish the groundwork for a carbon credit methodology applicable to rice crops. Such a system represents a novel way to significantly reduce greenhouse gases through the adoption of Nitrogen Use Efficient crops by growers. Arcadia will work with the Ningxia Academy of Agricultural and Forestry Sciences (NAAFS) to develop the methodology. In April, 2007, the start of the region’s rice planting season, Arcadia and the NAAFS began field experiments in Ningxia to quantify baseline greenhouse gas (GHG) emissions from rice cultivation, as well as reductions in GHG emissions resulting from reduced application of nitrogen fertilizer. These experiments will be consistent with the procedures of the United Nations Framework Convention on Climate Change Clean Development Mechanism. The impact of agriculture on climate change through GHG emissions has not been widely addressed. According to data from the World Resource Institute Climate Analysis Indicators Tool (CAIT), agriculture is the second-largest industrial source of global GHG emissions(1). Agricultural GHG emissions are less than energy/heat production, but greater than the entire transportation sector. Agricultural GHG emissions are predominantly in the form of nitrous oxide, which has a global […]

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California Clean Tech Open Launches 2007 Competition

The California Clean Tech Open, a competition to accelerate the creation of clean technology companies, announced the launch of its second annual competition. This year’s competition will award cash, services, and office space valued at more than $600,000 to early-stage innovators in six critical technology categories: renewable energy, transportation, smart power, energy efficiency, green building, and air/water/waste management. In addition to prizes for the winners, finalists have the opportunity to engage in six months of mentorship and networking exercises including business-process workshops, technology symposia, and presentations designed to impart the skills and knowledge needed for success. “Our nation’s labs and garages contain a wealth of innovation and untapped potential for developing and sustaining a robust clean tech economy. Like a ‘start up-in-a-box’ for clean tech, the California Clean Tech Open imparts the capital and guidance needed to help move the most promising of those early stage ideas into market reality,” said Michael Santullo, co-chair of the California Clean Tech Open.” The California Clean Tech Open is sponsored by Acterra: Action for a Sustainable Earth, a 501(c)(3) nonprofit based in Palo Alto, California. The competition is supported by a diverse array of businesses, educational institutions, government leaders and private individuals, and […]

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Suzlon Announces 400MW Wind Agreement with PPM Energy

Suzlon Wind Energy Corporation, the US-based subsidiary of Suzlon Energy A/S of Denmark, (SUZLON.NS) has signed a contract for 400 MW of wind turbine capacity with PPM Energy of Portland, Oregon, one of the largest wind power developers in North America. The contract calls for delivery of 300 MW of turbine capacity in 2008 and 100 MW of capacity in 2009. This agreement is the single biggest contract that Suzlon has signed in the history of the company. Suzlon’s S88-2.1 MW wind turbine is the featured machine of the agreement and will be delivered to various ready-to-build sites across the US starting in the summer of 2008. “Suzlon has been flexible in working with PPM at the ground level on various technical issues, which has enhanced value to PPM and has forged a strong customer-supplier relationship” said Terry Hudgens, CEO of PPM Energy. “We believe our extensive experience with wind power technology, combined with Suzlon’s drive to continually improve is going to go a long way to benefit wind power projects to come.” PPM Energy is part of the IBERDROLA group of companies, a world leader in wind power, with more than 6,500 MW of combined wind power capacity. The […]

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Flexible Solutions Raises $3 Million

Flexible Solutions International, Inc. (AMEX: FSI; FRANKFURT: FXT), a developer and manufacturer of biodegradable and environmentally safe water and energy conservation technologies, as well as patented, green amino acid products for agriculture, oilfield, detergent and water treatment markets, has closed a $3 million private placement with select institutional investors. The proceeds will be used to build a biomass conversion facility in South-western Canada that will use renewable agricultural crops to produce aspartic acid. Aspartic acid is the primary input material for poly-aspartic acid produced by its NanoChem (NCS) subsidiary in Illinois. NCS manufactures and sells various poly-aspartic acid products used in oilfield scale reduction, crop yield enhancement, biodegradable detergent ingredients and water treatment. Daniel B. O’Brien, CEO, states, “We have been researching and testing this process for almost two years. Yields and economics have been confirmed at lab, pilot plant and small-scale production facilities with improvements at each increase in throughput. We are very excited to begin commercializing this significant opportunity.” Mr. O’Brien continues, “Once operational, in 2008, this new plant will de-link our NCS division from oil price risk and replace our oil-based aspartic acid raw materials with organic, crop-based inputs. This new process will result in improved margins […]

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