GreenBits: Briefs for the Week of Nov. 24, 2000

GreenBits: Briefs for the Week of Nov. 24, 2000

Highlights from the world of business and the environment: Norwegian Industry May Have To Pay For Harmful Emissions ... New Web Site for World Conference on Climate Change ... Industry Group To Promote Emissions Trading ... Energy Star Award Applications Due December 8

Norwegian Industry May Have To Pay For Harmful Emissions

OSLO, Norway, Nov. 20, 2000 – Norwegian industry may be forced to pay for the right to release carbon dioxide or other emissions harmful to the environment, starting in 2003. Siri Bjerke, minister for the environment, speculated in a report published by the Norway Post that a national quota system for such emissions could be in place as early as 2003. A government-appointed commission proposed last year the introduction of such a system, beginning in 2008. The final proposal will be presented together with the government's report on the environment early next year.



New Web Site for World Conference on Climate Change

THE HAGUE, The Netherlands, Nov. 21, 2000 – Say what you will about the relative success of other ventures launched at the Sixth United Nations Climate Change Conference, the host's Web site is winning fans worldwide. The Ministry of Housing, Spatial Planning and the Environment of the Netherlands announced that http://www.climatechange2000.org has attracted tens of thousands of unique visitors from around the world since the conference kicked off Nov. 13. This number is expected to increase, when next week's program offers even more live Internet broadcasts from the heart of the negotiations. The Web site contains a video archive of the key meetings, the opening session and country delegation statements. The event's official Web site, http://cop6.unfccc.int, is managed by the Climate Change Secretariat.



Industry Group To Promote Emissions Trading

NEW YORK, Nov. 22, 2000 – Three major companies have formed an industry group to promote trade in emissions certificates. Natsource, a U.S. energy broker; Credit Lyonnais, a French bank; and Arthur Andersen, a consulting group, set up the Emissions Market Development Group on Nov. 11 and met for the first time on Nov. 16, timed to coincide with The Hague's negotiations on the United Nations' Framework Convention on Climate Change. The international carbon repository and allowance trading platform is designed to create a common tradeable unit in the form of a carbon allowance. It will be backed up by a business-to-business trading platform helping to establish price discovery, clear positions, minimize transaction cost and drive activities in the emerging carbon emissions market, the companies said.



Energy Star Award Applications Due December 8

WASHINGTON, Nov. 24, 2000 – The Energy Star program presents awards for the entire range of Energy Star activities, including products, buildings, consumer education and combined heat and power. December 8 is the deadline to submit an application on behalf of your company. For an application form and schedule, visit the Energy Star Web site.