Monday 25 February 2008

'wasted' management

家居廢物收費 2010年前難實行
extracted from 明報 . 26.02.2008

【明報專訊】政府的減廢大計嚴重延誤,環保署長王倩儀承認,本港家居廢物難以按量收費,今年中開始會進行12至18個月的大型基線調查,完成後進行公眾諮詢,暫未能訂下落實推行收費的時間表。換言之,家居廢物收費不會在2010年前實行。

「按量收費」失敗而回

對於政府明確指出,本港首個焚化爐將於2014年投入服務,地球之友及立法會議員蔡素玉均批評,未做好源頭分類便焚燒廢物,只會浪費大量有用資源,是減廢政策的大倒退。

王倩儀昨出席立法會環境事務委員會,交代去年完成的家居廢物按量收費試驗計劃,結果顯示追查每戶生產廢物的源頭有困難,因此難以執行按量收費。

政府將於今年下半年重新展開一項基線調查,為期12至18個月,研究以劃一或定額方式徵費,初步構思以水費或差餉單評估每戶產生的廢物量及收費水平。她說,新加坡目前亦是以劃一方式收費,台北最初亦是以該方式收費,到市民適應後,才轉為按量收費。

議員批評減廢政策倒退

環境局長邱騰華強調,政府沒有忽略源頭減廢工作,強調徵費方式必須切實可行,試驗結果既顯示難以按量收費,因此要重新研究。他又指落實興建焚化爐需時,目前提出是合適時間。民建聯蔡素玉批評政府的減廢政策大倒退,認為以焚化爐「一燒了之」不能解決問題,民主黨李柱銘批評政府議而不決,推行收費無期。

政府早前公布,新一代焚化爐將於2014年運作,議員普遍關注選址對周圍環境及居民的影響。民建聯劉江華形容,本港擬興建的焚化爐「萬佛朝宗」,容量高達 3000公噸,與日本分散在各區的小型焚化爐不同,而該區亦有其他大型設施如電廠及堆填區等,擔心影響香港的空氣質素。環保署回應稱,目前科技可以將焚化過程產生的致癌物二噁英維持在極低水平,遠低於歐盟標準,不會對周圍居民有任何影響。

焚化爐計劃亦引起財團注意,青洲英坭執行董事莊善敦昨日親自到立法會旁聽,會後透露今日與環保署代表會面,建議採用該集團的「環保廢物融化系統」,將焚化爐設於英坭廠內,毋須額外撥出土地,較其他選址更環保及具成本效益。

-----

today's green lime -
SMIT's GROW: Solar and Wind Leaf Photovoltaic Shingles
http://www.inhabitat.com/2008/03/01/smits-grow2-project-new-solar-and-wind-solutions/

Wednesday 20 February 2008

Green Investment Strategy

Are you investing in firms that are killing the earth?
by Timothy Barber
(from City A.M. newspaper, London 19/02/2008)


ENVIRONMENTALIST Al Gore didn’t mince his words last week when he warned a meeting of Wall Street leaders and institutional investors at the United Nations about the dangers of investing in carbon-intensive businesses.

“The assumption that you can safely invest in assets that come from business models that assume carbon is free is an assumption that is about to go splat,” the former US presidential candidate said.

He compared companies attempting to to drug addicts injecting into their toes having run out of veins in their arms, and told those assembled: “I guarantee that if you really take a fine-tooth comb and go through your portfolios, many of you are going to find them chock-full of ‘subprime’ carbon assets.”

Comparing the tribulations of the energy industry to the mortgage calamities of last year is perhaps as big a stick as any for the Nobel prize-winner to have shaken, and the battle surrounding energy markets in the era of climate change is only set to get fiercer. Last week James Mulva, chairman of energy corporation ConocoPhillips, told the annual meeting of the Cambridge Energy Research Associates in Houston, Texas, that the debate over climate change was slipping away from the energy industry.

REVOLUTIONISE SOCIETY

“The train is leaving the station without the industry on board,” he warned. Uncertainty over the risks that climate change represents stretches far beyond the energy industry, with rising energy costs playing a major role. Increasingly in recent years, investors have been seeking assurances that corporations have clear, defined strategies for dealing with carbon emissions and the risks associated with growing carbon taxes and regulations.

“Climate change is going to completely revolutionise the way human society produces and consumes energy,” says Paul Dickinson, chief executive of the Londonbased Carbon Disclosure Project (CDP). “That has massive fiscal implications for almost every company, and investors will be looking to sort the wheat from the chaff.”

The Carbon Disclosure Project was set up in 2000 as a way of addressing the potential commercial impact of climate change on shareholder value and commercial strategy.

DISCLOSE EMISSIONS

Its signatory members are made up of 385 institutional investors, including such major players as Merrill Lynch, Barclays, HSBC, AXA and AIG, with collective assets under management estimated at $57trn (£29trn).

Annually since 2002, the project has asked companies to measure and disclose their greenhouse gas emissions and report on their strategy for dealing with the risks and opportunities associated with climate change. The information supplied is displayed publicly on the CDP website, and the responses from the world’s 500 largest corporations are analysed in the organisation’s annual FT500 report.

For investors, it can prove crucial in assessing the risks and opportunities posed to the companies by climate change, and offers a more reliable, centralised resource than institutions were previously able to access. “We are concerned to know whether companies we are investing in are adequately taking account of climaterelated risks,” said Joachim Faber, board member responsible for asset management at Allianz. “However, the data is often not available, sometimes not comparable or of poor quality.

“As a part of the Carbon Disclosure Project, we hope to collect more reliable data, so eventually a common emissions measurement methodology can be developed.”

CALL FOR INFORMATION

The increasing importance of the information CDP gathers can be gleaned from the fact that in 2002 the collective assets under management of participating investment institutions was just $4trn. This year it has leapt by more than 30 per cent from 2007’s total of $41trn, with more than 70 new investors joining the fray.

Meanwhile, the call for information has this month gone out to 3,000 companies globally — including the entire FTSE 100 and FTSE 350 — compared to 2,400 last year. With signatory investors readily identifying which companies in their portfolio are either not responding to the request or providing unsatisfactory answers, it is arguable that companies failing to engage with the process put themselves in increased commercial danger.

“These are funds that could potentially be withdrawn from companies that look like they’re going to lose money because of climate change,” says CDP’s Dickinson. “The carbon price is rising, and things are going to change on a ratchet. We can now really see the signs of that: industry is in a fierce debate with government about energy prices and tough decisions are going to be made about how we invest for the only future that’s possible.” The signs are positive.

Between 2006 and 2007 response rates among FTSE 350 companies increased from 49 per cent to 70 per cent, while 92 of the FTSE 100 firms responded last time.

FALLING SHORT

The information companies are asked to provide to CDP can sometimes be revealing in unexpected ways. For example, US grocery giant Wal- Mart was surprised to discover that carbon emissions caused by its haulage fleets were rather less than those caused by its refrigerators. This led to the company extending the carbon self-audit to its supply chain, an initiative that has now been joined by several other major corporations under the banner of the CDP Supply Chain Leadership Collaboration.

Currently being piloted, the scheme will be rolled out in May this year, meaning the climate change concerns of the world’s largest investors and corporations will begin to reach even deeper into business infrastructures.

“Climate change is very, very serious, and the political process is falling short,” says Dickinson. “So the corporate communities have to have look at each other and think: ‘are we going to allow this car crash to happen, or are we going to do something about it?’”

For investors, the results are now increasingly visible.

today's fresh lime -

Find out what your carbon footprint is and how you could reduce it by some small changes to the way you live in this CO2 calculator -
http://actonco2.direct.gov.uk/index.html

Saturday 16 February 2008

green house by FCB architects

green house
Click the above image to read the article

Greenhouse is a pilot project for sustainable construction in London.

To know more, visit its official web at http://www.greenhouseweb.org/

Monday 11 February 2008

the man in seat 61

interview with Mark Smith
Click on the above image to view the article

I came across this website from this week's Telegraph magazine. It is created by an English man called Mark Smith, who loves travelling by train and thinks everyone should recall the lost memories of rail & sea travel. Originally he just did it for fun, but it's getting so well that he even won several travel industry awards and gave up his job to focus into the website now.

So next time when you want to go somewhere for holiday, think about the travelling to & from the destination could also be an enjoyable part of your holiday and become the journey of its own with the help of Mark's wonderful website! And you may not realise, if you goto paris from london by eurostar, your carbon footprint is 90% less than flying on plane...