1. Articles from Wall Street & Technology

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    1. Uk It Group Launches Green IT Certification

      Explore Wall Street & Technology (Sep 27 2009) Carbon Footprint , Emissions

      Uk It Group Launches Green IT Certification BCS a British association of IT professionals and companies with 70,000 members, has launched a new Green IT certification program designed to help IT professionals and corporations better understand the environmental issues associated with IT. The group has just completed a three-month pilot in the U.K. with QA, a learning services provider, and plans to deliver its program around the globe. Today it announced it has signed a contract with iSQI to deliver a number of BCS qualifications including Green IT in German, English and Spanish. In addition, BCS announced the intention to pilot its latest qualification for IT professionals, the EU Code of Conduct for Data Center Operators Practitioner Certificate. This qualification from the BCS will set an international standard for IT professionals in understanding energy efficiency irrespective of what discipline they practice within the industry, the group says. (Read Full Article)

    2. Six Ways to Cut Your Data Center Energy Bill

      Explore Wall Street & Technology (Sep 22 2009) Carbon Footprint , Cloud Computing , Servers

      Six Ways to Cut Your Data Center Energy Bill "People are looking at data center efficiency, whereas five years ago it wasn't an issue," says Adam Fairbanks, Bluestone Energy, a company that retrofits old data centers to make them more energy efficient and to qualify for utility rebates (many utilities are required to help pay for data center projects that will reduce energy use; if a project can be proven to cut energy draw by 20%, the utility might pay for as much as half the cost of the project). "Today any new data center build gets scrutinized by the CFO as well as facilities and IT." Where lowering a company's carbon footprint was a big driver for such projects a few years ago, because of the economy, environmental concerns have gotten pushed back and today they're a matter of reducing operating expense, Fairbanks says. "Money drives the majority of the projects we work on," he ... (Read Full Article)

      Mentions:   New York Times   ASHRAE

    3. CME Revs Up for Surge in Carbon Credit Trading

      Explore Wall Street & Technology (Jul 1 2009) Cap and Trade , Emissions , Fossil Fuel

      CME Revs Up for Surge in Carbon Credit Trading As the Senate debates the American Clean Energy and Security Act recently passed in the House that attempts to create a cap-and-trade scheme for carbon emissions in the U.S. similar to Europe's, the Chicago Mercantile Exchange has been ramping up its efforts to prepare for an expected surge in carbon credit trading. The climate-change bill would put a limit on the amount of carbon emissions a company can generate, but allow over-limit companies to meet their requirements by purchasing credits from those emitting less pollution than they're allowed. A voluntary carbon credit market already exists in the U.S.; the bill under debate would broaden the market to those who must buy carbon credits or face penalties (or drastically reduce their carbon emissions). (Read Full Article)

      Mentions:   Europe   Lawrence Livermore National Laboratory   Waxman-Markey American Clean Energy and Security Act.

    4. Wall Street Eagerly Waiting for Carbon Credit Trading

      Explore Wall Street & Technology (Jun 29 2009) Carbon Tax , Emissions , Fossil Fuel

      Wall Street Eagerly Waiting for Carbon Credit Trading NEW YORK - The opposition by the Republicans to the idea of carbon trading is a bit baffling, given that it is a classic Wall Street-driven solution for dealing with a serious problem. Sure, carbon trading, which is the centerpiece of the Obama administration-backed American Clean Energy and Security Act, would carry a cost for consumers and companies that emit too much in greenhouse gases. But the economic impact of the bill's so-called cap-and-trade scheme would be modest -- costing the average household $175 a year in added expenses, according to the Congressional Budget Office. What's actually more baffling is President Obama's infatuation with this trading scheme, which will benefit the global environment, but will also fatten the wallets of Wall Street traders. A simple tax on polluters and carbon producers would get the job done without the kind of wealth transfer to the gilded class that Republicans generally ... (Read Full Article)

      Mentions:   Barack Obama   Waxman-Markey American Clean Energy and Security Act.