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I.E.A. Report: Natural gas share to increase in global energy mix

The demand for natural gas will increase by 2.4 percent per year from 2012 to 2018, found a new report done by the International Energy Agency. The I.E.A.’s “Medium-Term Gas Market Report” sees the demand for natural gas increasing by 15.6 percent in 2018 to a total of 3,962 billion cubic metres. This figure represents an increase 1.7 times that of the current global liquid natural gas trade, and an increase of 535 bcm that...

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Plastic ban to be enforced in Makati

Makati, the business capital of the Southeast Asian country the Philippines, will be implementing a total ban on plastic packaging material starting this June 20. June 20 marks the implementation of ordinance no. 2003-095 of the city’s Solid Waste Management code which was passed in 2003. According to Mayor Jejomar Erwin S. Binay, the nine-year grace period for compliance with the code’s provision on “Use of...

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Why it’s important for companies to be eco-friendly

Industrialization has opened avenues for businesses to expand and to break barriers through communication. But it has also increased the toxicity level in the environment because of pollution, water contamination, landfills, illegal logging and improper waste management. Governments of different countries, realizing the need to reduce such problems that can otherwise pose as serious health risks, have taken steps to advocate their...

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Japan’s Ikeuchi Towel using 100 percent wind energy

Ikeuchi Towels has become the first Japanese company to earn the WindMade label by using wind power for all of its electricity needs. “At Ikeuchi, we believe in sustainable production, and using the WindMade label is a logical step. In this way, we can communicate our commitment to wind power to our customers and stakeholders,” said Keishi Ikeuchi, president of Ikeuchi Towel. WindMade is a global consumer label for...

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Are decommissioned offshore rigs safe for the environment?

Oil and gas companies are naturally nomadic; as soon as oil or gas runs dry in one place it is discovered in another, resulting in the companies constantly moving their entire production process to new regions. Lately oil discoveries in the Arctic have resulted in questions on whether companies should drill in these areas at all, while in the Mediterranean there are debates about who owns the rights to...

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Energy-intensive manufacturing leads to large carbon footprint in running shoes

Running may be a minimalist activity – all you need is a stretch of road and a pair of shoes – but a study from the Massachusetts Institute of Technology has found that running shoes could have quite the carbon footprint. A life-cycle assessment study found that a pair of running shoes generates 30 pounds of carbon dioxide emissions, or the equivalent of keeping a 100-watt light bulb on for one week. What surprised...

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More and more investors want “green” business

The new generation of businessmen thinks “green” and demonstrates growing concern for the environment, found a recent study by Ernst & Young LLP Corporate Governance Center. The study revealed that investors of today have strong interests in both environmental and social topics, expressed through the submission and support of shareholder proposals which reflect these interests and a demand for enhanced...

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City of Cambridge, Harvard and M.I.T. ink Compact for Sustainable Future

A tripartite agreement among a city and universities is setting a new trend in addressing climate change at a local level. The City of Cambridge, the Massachusetts Institute of Technology and Harvard University have entered a compact that aims to leverage the intellectual and entrepreneurial capacity of businesses, non-profit groups, the academe, and municipal sectors in Cambridge to espouse a healthy,...

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Greening megacities to survive the next decade

Cities are the hubs of communication, commerce, and culture, providing opportunities for every nation’s economic growth. However, their development comes with a price - urban sprawl, traffic congestion, informal settlements, pollution, exploitation of resources and significant contributions to climate change. In terms of size, cities only occupy two percent of the world’s land mass, however, in terms of their...

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Being a responsible business owner: Conservation shouldn't be justified

When it comes to conserving energy, water, and reducing waste, there shouldn't be a need to justify actions or expenses in order to create a more efficient and eco-friendly establishment. If the money is available to invest in more efficient methods for the establishment, it should be common knowledge that they should be employed. All too often, some businesses and organizations are restricted in what they can do...

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