Organizers of the 2012 London Olympics are promising it to be the greenest ever with the use of alternative energy and low carbon emitting processes.

They are hoping to lower emissions by 50% by using renewable energy. They are also planning to recycle 90% of materials demolished for site construction while 50% of construction materials will be transported by rail and water. In line with this, they are also going to promote the use of low-carbon transportation during the games (walking, cycling and public transport)

Article here

With 17 sessions assigned to discuss climate change, 2007’s Annual meet up will be one of the most “climate” focused. The yearly scheduled summit will have 2,400 global leaders and 800 CEO’s attending and will open on the 24th.
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Some notable stuff that happened last week for the environment:

1. US House removes subsidies from Oil Companies as well as imposes a “conservation fee” from those who extract Oil from the Gulf of Mexico. They are also hoping to recover lost royalties from lease rentals issued by the Interior Department. All income gained from this bill is targetted to develop the alternative fuel industry of the US. That is the opening salvo for the war against foreign oil dependence.
2. Stephen Hawking warns on the Catastrophic effect of Climate Change.
3. BusinessWeek writes that companies going green could have more than just PR as a benefit.

I’m very happy to notice that the Philippine Biofuel Sector has been very active this week with the signing of the Philippine Biofuels Act of 2006 by President Arroyo. A lot of movement in the local industry as well as media.

January 19, 2007

• NDC completes investments in San Carlos Bio-energy
• Small oil firms group plans IPO

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