The airline industry is taking its first steps towards green energy.
British Airways has announced it is investing in a factory that will convert tonnes of household rubbish into enough jet fuel for all its flights from London City airport twice over.
Some 500,000 tonnes of waste generated by Londoners will be used by the UK facility each year to produce 16 million gallons of fuel.
Construction of the plant in east London will start within two years. It is set to produce fuel from 2014, Read more [...]
Small wind-energy companies fear privatisations of power stations and retailers in New South Wales and Queensland could weaken competition in the electricity market, hindering their capacity to contribute to the federal government's 20 per cent renewable energy target.
Under the renewable energy target, retailers are required to buy or create enough renewable energy certificates (RECs), each representing one megawatt-hour of emissions-free electricity, to meet an annual target.
But Read more [...]
UK: From today British home owners can earn money for the electricity solar PV produces under the feed-in tariff (also known as ‘clean energy cash-back’).
The feed-in tariffs have been a long time coming but they have already increased demand and you can earn up to 8% return on investment.
The tax free, index linked payments work on two levels:
Generation tariff – depending on the size of panels, you are paid per kilowatt hour (kWh) of metered energy that panels generate, regardless Read more [...]
UK: Families can earn £900 a year by installing solar panels on their roofs as part of a new Government scheme to pay people to generate their own electricity.
Under the deal, which will start from April this year, households will be paid for electricity fed into the grid from renewable technologies such as solar, wind or energy from waste.
The most attractive rate of return will be on solar panels, which for an average sized three bedroom home could earn households £25,000 over 25 years.
Ed Read more [...]