Obama Orders Greener Commutes for Federal Workers

U.S. President Barack Obama ordered the federal government to promote greener employee commuting habits, reduced business travel and other measures to scale back indirect greenhouse gas emissions by 13 percent by 2020.

The indirect emissions reduction target goes beyond what the President previously committed for direct sources: a 28 percent reduction by 2020, based on 2008 levels. Combined, the reduction in emissions would be equivalent to the 101 million metric tons of carbon dioxide.

The U.S. government spent $24.5 billion on fuel and energy in 2008.

“Every year, the Federal Government consumes more energy than any other single organization or company in the United States,” President Obama said in a statement Wednesday. “That energy goes towards lighting and heating government buildings, fueling vehicles and powering federal projects across the country and around the world. The government has a responsibility to use that energy wisely, to reduce consumption, improve efficiency, use renewable energy, like wind and solar, and cut costs.”

Expanding bicycle commuting and using more renewable energy sources are some of the initiatives the government is adding to each agency’s annual sustainability plan. The Washington Post reported the government will also lower indirect emissions by expanding recycling programs and locating future offices near mass transit systems.

Under a House bill passed last week, agencies would appoint telework managers to develop policies that promote teleworking, which, in addition to avoided emissions, could save the government millions of dollars in lost productivity during extreme weather.

LG to invest $18 billion in eco business, cutting emissions

(Reuters) – South Korea’s LG Group will invest 20 trillion won ($17.90 billion) through 2020 to develop environmentally-friendly businesses and reduce emissions by 40 percent against 2009 levels, unit LG Corp said on Monday.

Green Business | South Korea

The group is South Korea’s fifth-largest by assets and led by LG Electronics, LG Display and LG Chem. It will split the investment between green research and development and facilities to cut 50 million metric tones of greenhouse gas emissions per year by 2020, a statement from LG Corp said.

The investment aims to expand its production of energy-efficient products and renewable energy businesses such as fuel cells and rechargeable batteries for electric vehicles, bringing revenue from such sectors to 10 percent of the group’s total revenue in 2020, the statement said.

South Korea, Asia’s fourth-largest economy heavily dependent on oil and gas imports, set a voluntary 2020 emissions reduction target last year to a 30 percent reduction from its forecast under a business as usual scenario.

The government said last July said it would invest 107 trillion won, or 2 percent of its annual GDP, in environment-related industries over the next five years.

Samsung Electronics has also said it would invest 5.4 trillion won in green research and development and facilities to make the world’s largest memory chip maker a leading eco-friendly company by 2013.

(Reporting by Cho Mee-young; Editing by Jonathan Hopfner)

LG to invest $18 bln in eco business, cutting emissions

SEOUL, April 12 (Reuters) – South Korea’s LG Group will invest 20 trillion won ($17.90 billion) through 2020 to develop environmentally-friendly businesses and reduce emissions by 40 percent against 2009 levels, unit LG Corp said on Monday.

The group is South Korea’s fifth-largest by assets and led by LG Electronics (066570.KS), LG Display (034220.KS) and LG Chem (051910.KS). It will split the investment between green research and development and facilities to cut 50 million tonnes of greenhouse gas emissions per year by 2020, a statement from LG Corp (003550.KS) said.

The investment aims to expand its production of energy-efficient products and renewable energy businesses such as fuel cells and rechargeable batteries for electric vehicles, bringing revenue from such sectors to 10 percent of the group’s total revenue in 2020, the statement said.

South Korea, Asia’s fourth-largest economy heavily dependent on oil and gas imports, set a voluntary 2020 emissions reduction target last year to a 30 percent reduction from its forecast under a business as usual scenario. [ID:nSEO204081]

The government said last July said it would invest 107 trillion won, or 2 percent of its annual GDP, in environment-related industries over the next five years. [ID:nSEO61955]

Samsung Electronics (005930.KS) has also said it would invest 5.4 trillion won in green research and development and facilities to make the world’s largest memory chip maker a leading eco-friendly company by 2013. [ID:nSEO34038] ($1=1117.0 Won)

(Reporting by Cho Mee-young; Editing by Jonathan Hopfner)

Japan’s offer heats up climate talks, India calls for more

BONN: The climate change debate received a jolt on Wednesday when Japan announced a belated mid-term emission reduction target of 15% using 2005 as the base year which was seen as inadequate by several countries with India lobbying for Tokyo more fully acknowledging its “historic” burden.

The Indian delegation feels that the emission targets will not see the negotiations going anywhere and is preparing for a renewed bid to focus the debate here on what ought to be the level of commitments from countries that have had a role as initial polluters.

It is felt calculations of a base year should begin from 1990. Going by that, the 15% reduction in GHG emissions that Japan is promising effectively comes down to 8%. With the US also asking for looser benchmarks for calculating the developed countries’ liability, there is increasing doubt among G-77 countries how the debate is moving.

The announcement by Japanese prime minister Taro Aso drew criticism from all quarters, including Japan’s own civil society groups which called it an industry driven move. Countries like Japan and US have seen their emissions rise considerably since 1990. Japan’s announcement clearly outlines its pro-industry stand, said Masako Konishi, climate change project leader, WWF Japan.

With the Japanese delegation claiming that its new figures are 2% more than its current target of 6% and it is strongly focussed on meeting all challenges of climate change, sources say that this is going to set a bad preceedence for other countries.