Green

It is one of the neglected metals sectors in India. The metals recycling business suffers from government apathy and to some extent, even a lack of awareness on part of the various participants within the metals ecosystem. How else can one explain that India’s recycling rate is just about 25%, putting it at the bottom of the global list of recycling nations. In the US metals are recycled at a rate of 90%.

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Slowly, though, realization is creeping in that recycling metal scrap is a must in the modern world since the nation’s carbon footprint reduction has become imperative.

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Although coal and oil will decline relative to other energy sources the three carbon fuels will still dominate the supply market down from 86% now to 81% by 2035 – not exactly a low carbon future.

Power generation is expected to account for an ever-increasing share of primary energy consumption BP says as the world continues on a long-term trend of electrification: even if the share rises from 42% today to only 47% by 2035. While coal is set to fall as a percentage of the whole and renewables are projected to rise by 2035, BP does not expect to see wind or solar farms on every open space. They will contribute only 8% by 2035 up from 3% today.

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Although predictions by other bodies such as the US Energy Information Administration vary, they all show an increase in total carbon emissions from energy consumption of a similar nature. BP’s and the EIA are two of the closest showing an increase of around 25% between 2013 and 2035 (1% p.a.), with the rate of growth declining from 2.5% over the past decade to 0.7% in the final decade of the Outlook.

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With base metal prices down and oil, while recovering a bit, still far below its 2014 highs, more trucks and SUVs are being purchased and the cost savings of even the most proven renewable technologies, such as roof-mounted solar panels, isn’t the savings it was just a few months ago.

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Yet, much of our coverage was devoted to renewables this week. BP released its Energy Outlook 2035 and the predictions were, well, not good.

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Whether you are a fully signed up member of the Armageddon-is-just-around-the-corner-due-to –global-warming camp or a complete naysayer is, with all due respect to most of us in either camp, irrelevant.

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The point is those that form policies and pass laws on the whole a) accept climate change due to human activity is a real and present danger to the future of life on earth and b) have on the whole been totally incapable of taking any action that will have the impact they (mostly) agree is needed. The reason is not hard to see, the consequences are long term, the costs are short term, and politicians work very much in the here and now.

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The American Society of Heating, Refrigeration and Air-Conditioning Engineers (ASHRAE) the U.S. Green Building Council, and the Illuminating Engineering Society are considering the developing biomass requirements for inclusion in their new, co-sponsored green building standard.

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Prior to the current biomass debate, the USGBC had a years-long internal feud over the use of wood as a building material and which organizations could certify wood as “sustainable” for LEED projects.

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The trend of direct agreements with private sector project developers and state governments in India to set up large-scale solar power projects continues as Adani Enterprises has been selected to set up India’s largest solar energy park.

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Indian conglomerate Adani Enterprises has signed a memorandum of understanding (MoU) with the state government of Rajasthan to set up a 10 GW solar power park over the next 10 years.

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Turner Construction‘s 2014 Green Building Market Barometer shows that interest in alternative green building rating systems is up a massive 250% in two years.

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The US Green Building Council‘s Leadership in Energy and Environmental Design (LEED) green building certification program has been the de facto standard in building certification since the middle of the last decade.

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The monthly Renewables MMI® registered a value of 62 in February, on par with January's value.

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Renewable energy raw materials largely canceled each other out this month as some saw big gains and others big losses. The sector keeps holding around a low level of both production and consumption.

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President Barack Obama ’s fiscal 2016 budget plan would pour billions of dollars into climate-change and renewable-energy technologies, and repeal nearly $50 billion in tax breaks for the oil, natural-gas and coal industries.

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The budget proposal, released Monday, underscores an intensifying push by Obama on his climate agenda, which he hopes to cement as a presidential legacy in his final two years in office.

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US President Barack Obama was recently in India at the country’s Republic Day celebrations on January 26, but as expected, he and Indian Prime Minister Narendra Modi discussed and announced new business initiatives for the two nations.

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Renewable energy, infrastructure development including rails and ports, American exports to India, nuclear energy and defense were some of the focus areas of the talks held between the two leaders and their respective trade delegations. The US President made it clear during many points in his visit that US companies want to help India in its pursuit of clean energy sources.

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