Tuesday, May 31, 2005

::: ENN Daily Newsletter - Wednesday, May 11, 2005 :::

ENN Todays News

China's Environmental Agency Warns Local Officials against Shielding Pollutors

China's environmental watchdog has singled out nine major pollution cases involving dozens of companies, and in a rare move has warned local authorities not to interfere.

Gamble in the Desert -- 'Green' Diesel from Natural Gas Could Cut City Smog

The rat's nest of pipes and columns snaking across the desert in Qatar harbors a secret process that will use cobalt to turn natural gas into a powerful, clean-burning diesel fuel. By next year, rulers of this tiny desert sheikdom hope, these gas-to-liquids (GTL) reactors under construction will bring in billions of dollars while clearing big city smog belched by trucks and buses.

Climate Change is 'All about Our Money,' Big Investors Say

In a daylong brainstorming "summit," a dozen U.S. state treasurers and hundreds of financiers and other major investors debated ways Tuesday to pressure more U.S. companies into dealing openly with the financial risk of climate change and with ways to reduce it.

Court Tells EPA to Stop Tracking Releases of Widely Used Chemical Solvent

The government can no longer require chemical makers and users to account for how much methyl ethyl ketone, a widely used ingredient in plastics, textiles and paints, is released into the environment each year.

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SUSTAINABLE ECONOMY   NEWS

Investors at U.N. Convention Pledge $1 Billion in Clean Energy

U.S. and British institutional investors who collectively manage over $3 trillion in assets pledged Tuesday to invest $1 billion in clean energy companies in an effort to reduce risks posed by climate change.

Wind Power Industry Gaining Ground across U.S.

The U.S. wind energy industry this year appears ready to break the previous record for installation of new projects with wind farms planned from New York to Arizona, the American Wind Energy Association reported in late April.

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NON PROFIT NEWS

Global Finance Community Joins UN to Tackle Climate Change

Major Changes in Norway's Glaciers

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