NYSE Euronext: World's First Carbon-Neutral Exchange $NYX

NYSE Euronext (NYX) is the first global exchange operator to achieve carbon neutral status.

Building on its existing energy efficiency and conservation efforts, the company annonced today that it has purchased renewable-energy certificates and carbon offsets that together neutralize the remaining environmental impact of the company's global operations.

Revenue from the sale of renewable-energy certificates (RECs) and carbon offsets (COs) provides important economic support to projects involving renewable energy and greenhouse-gas-emission reduction projects. By financially rewarding these projects for their environmental benefits, RECs and COs help encourage the development of similar projects.

This year's purchase makes NYSE Euronext carbon-neutral for 2010. The RECs and COs, which are Green-e certified, are purchased retroactively; so that the company can measure how much energy was used and purchase the appropriate amount of certificates and offsets to match it.

The RECs, purchased from 3Degrees, match the company's electricity usage. Each REC represents the generation of one megawatt-hour of electricity from renewable resources such as wind, solar, geothermal, low-impact hydroelectric, or biomass.

The carbon offsets, also purchased from 3Degrees, represent one metric ton of carbon dioxide-equivalent greenhouse gas emissions reduced or avoided. All aspects of carbon emission at NYSE Euronext were taken into account, ranging from electricity usage and onsite generators, to vehicles and employee travel. The company says the project involved months of planning, assessment, measurement and verification.

NYSE Euronext's green power and carbon balancing commitment will help avoid an estimated 91,508 metric tons of CO2 greenhouse gas emissions.

Using calculations from the U.S. Environmental Protection Agency's Greenhouse Gas Equivalencies Calculator, this amount is equivalent to the CO2 emissions generated from consuming or burning 212,809 barrels of oil, or the emissions from the use of electricity at 11,105 average homes, or the carbon sequestered annually by 19,511 acres of forest preserved from deforestation.

This initiative complements other energy efficiency and conservation efforts at NYSE Euronext. For example, earlier this year the company completed the installation of an array of solar electricity panels at its Basildon, England data center, which is the largest installation of its kind in the United Kingdom - capable of meeting up to 20% of the data center's current power requirements.

NYSE Euronext says it is actively considering similar initiatives for its U.S. locations. The company also was named last year to the Dow Jones Sustainability Index and the Carbon Disclosure Project's S&P 500 Leadership Index.

Original Article on SustainableBusiness.com

Source: http://www.solarfeeds.com/sustainable-businesscom/17805-nyse-euronext-worlds-first-carbon-neutral-exchange-nyx

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NYSE Euronext: World's First Carbon-Neutral Exchange $NYX

NYSE Euronext (NYX) is the first global exchange operator to achieve carbon neutral status.

Building on its existing energy efficiency and conservation efforts, the company annonced today that it has purchased renewable-energy certificates and carbon offsets that together neutralize the remaining environmental impact of the company's global operations.

Revenue from the sale of renewable-energy certificates (RECs) and carbon offsets (COs) provides important economic support to projects involving renewable energy and greenhouse-gas-emission reduction projects. By financially rewarding these projects for their environmental benefits, RECs and COs help encourage the development of similar projects.

This year's purchase makes NYSE Euronext carbon-neutral for 2010. The RECs and COs, which are Green-e certified, are purchased retroactively; so that the company can measure how much energy was used and purchase the appropriate amount of certificates and offsets to match it.

The RECs, purchased from 3Degrees, match the company's electricity usage. Each REC represents the generation of one megawatt-hour of electricity from renewable resources such as wind, solar, geothermal, low-impact hydroelectric, or biomass.

The carbon offsets, also purchased from 3Degrees, represent one metric ton of carbon dioxide-equivalent greenhouse gas emissions reduced or avoided. All aspects of carbon emission at NYSE Euronext were taken into account, ranging from electricity usage and onsite generators, to vehicles and employee travel. The company says the project involved months of planning, assessment, measurement and verification.

NYSE Euronext's green power and carbon balancing commitment will help avoid an estimated 91,508 metric tons of CO2 greenhouse gas emissions.

Using calculations from the U.S. Environmental Protection Agency's Greenhouse Gas Equivalencies Calculator, this amount is equivalent to the CO2 emissions generated from consuming or burning 212,809 barrels of oil, or the emissions from the use of electricity at 11,105 average homes, or the carbon sequestered annually by 19,511 acres of forest preserved from deforestation.

This initiative complements other energy efficiency and conservation efforts at NYSE Euronext. For example, earlier this year the company completed the installation of an array of solar electricity panels at its Basildon, England data center, which is the largest installation of its kind in the United Kingdom - capable of meeting up to 20% of the data center's current power requirements.

NYSE Euronext says it is actively considering similar initiatives for its U.S. locations. The company also was named last year to the Dow Jones Sustainability Index and the Carbon Disclosure Project's S&P 500 Leadership Index.

Original Article on SustainableBusiness.com

Source: http://www.solarfeeds.com/sustainable-businesscom/17805-nyse-euronext-worlds-first-carbon-neutral-exchange-nyx

CHINA MOBILE CISCO SYSTEMS COGNIZANT TECH SOLUTIONS COMCAST COMMSCOPE COMMUNICATIONS HOLDINGS

Batteries for Energy Storage: New Developments Promise Grid Flexibility and Stability

Balancing power supply and demand is always a complex process. When large volumes of renewables such as solar PV, wind and tidal energy, which can change abruptly with weather conditions, are integrated into the grid, this balancing process becomes even more difficult.

Source: http://www.renewableenergyworld.com/rea/news/article/2011/08/batteries-for-energy-storage-new-developments-promise-grid-flexibility-and-stability?cmpid=rss

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2020: Plug-ins set to dominate the auto market?

While plug-ins dominate the auto industry by 2020? Have electric vehicles been over-hyped or are they being under-estimated? Over and over I hear plug-in fans and advocates claim that plug-in vehicles are going to go mainstream much faster than what industry analysts, forecasts and studies suggest. In fact, many claim that by around 2020, plug-in [...]

Source: http://jordaneske.ws/2020-plug-ins-set-to-dominate-the-auto-market/

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SPI 2011 Gets An Assist From Magic

Solar is getting big and it’s promising to get bigger. Texas, as we all know, invented big. So as far as Solar Power International is concerned, it’s a match made in solar tradeshow heaven. And they have the numbers to prove it.The continent’s biggest solar gathering for the first time moves out of California and heads to Texas, where it will set up shop inside the cavernous Dallas Convention Center on Oct. 17-20. There will be 1,200 companies, 800,000 square feet of exhibit space, and organizers hope a new record attendance of more than 25,000. To many, though, the most awe-inspiring figure may be 6 feet, 9 inches. That’s the height of hands-down the most famous attendee of the show. Basketball Hall of Famer and world recognized business entrepreneur Magic Johnson will launch the show with a keynote address Monday, Oct. 17.It doesn’t appear that Magic has any particular holdings in the solar world. But he has a story to tell, and if the solar industry is listening, it just might prove to be poignant. Magic seemingly came out of nowhere and landed on the national stage in 1979 (a few months before Jimmy Carter installed solar panels, if you’re desperately searching for parallels). He was, like we say all to often in the solar business, a game-changer. He also met with some turbulence, but he showed a willingness to change direction, and ultimately, he became a force that is helping people live better and more sustainable lives. Starting to see the similarities?Magic has done most of this through his business dealings and his foundation, which focus heavily on urban development. The solar industry, while not quite at rookie status, is also not anywhere near its prime. I’m interested to hear what he has to say as the solar industry steps onto its biggest stage in North America. Luckily, Magic has always known how to fill a room.Out of the CradleWhile Magic’s appearance shows solar has hit the mainstream, so does the show’s move outside of California. The money and the support have for a long time been concentrated in the west. Texas, though, may represent the types of places where solar can be used as a launching pad. We all know the state has abundant sunshine, but it also has open space, comparatively cheap land and a growing number of municipalities (San Antonio and Austin come to mind) that see solar as a solution.In addition to the new venue, there are other highlights and changes for this year’s event:-- A new outdoor space will include 30 to 40 exhibitors.-- On Monday the 17th there will be a tour of a solar parking installation the University of Texas Southwestern Medical Center, about a 10-minute drive from the convention center.-- In addition to conference programs, there will be solar swaps, which are smaller interactive gatherings in which groups are encouraged to discuss challenges and offer solutions to predetermined topics.-- There’s an opportunity to reserve a meeting room where suppliers and customers can engage in business discussions.-- As always, RenewableEnergyWorld.com will have an Event Broadcast booth on the tradeshow floor where we’ll conduct video interviews on pressing topics for the solar industry.-- The general session will close Thursday with an address by Marcus Buckingham, a New York Times bestselling author and motivational speaker.-- And, of course, the annual SPI block party will be that Tuesday evening.For more conference details visit the SPI website.

Source: http://www.renewableenergyworld.com/rea/blog/post/2011/09/spi-2011-gets-an-assist-from-magic?cmpid=rss

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