CEO Run on Semakau raises S$390,000 for educational programmes

By Hasnita A Majid, Channel NewsAsia
17 November 2007

SINGAPORE: About S$390,000 was raised by more than 40 corporations Saturday to help preserve the environment.

The Semakau Corporate Environmental Outreach, also known as CEO Run, raised S$140,000 more than the original target of S$250,000.

Minister for Environment and Water Resources Yaacob Ibrahim flagged off the event, where heads of companies traded their corporate jackets for shorts and T-shirts.

The event, the first ever held on a landfill, is part of the Clean and Green Singapore programme.

The money raised will go to six local non-governmental environmental organisations – Singapore Environment Council, Restroom Association of Singapore, Climate Change Organisation, Singapore Institute of International Affairs Haze Programme, WaterWays Watch Society and Environmental Challenge Organisation.

These organisations will help run programmes which encourage the public to embrace environmental responsibility.


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Green Volunteer Network update 17 Nov 07

Grant Pereira's very informative newsletter has some areas where volunteers are needed: to help man and upkeep the splendid Ubin Green House; to help weed invasive plants from the Sensory Trail and more.

Also announcements of upcoming trips (which are also reflected on wild happenings).

And more info about environmental event such as Buy Nothing Day (28 Nov) and the Million Trees Project.

Do have a read...



1) STRONG VOLUNTEERS NEEDED…..
(2ND December, Sunday 11.00 am)

To help do weeding, replanting and general work at our Ubin Green House. Meet 11.00 am at our Ubin Green House and be prepared to work up a good sweat. If you can help, email grace_ang@singnet.com.sg.

2) BLITZ ON MICANTA & ACACIA
(22ND DECEMBER, SATURDAY – PULAU UBIN)

These two invasive species are slowly encroaching the path of the sensory walk. We need volunteers to help weed them out. We will probably do it on a weekend in December, if you can help please email grace_ang@singnet.com.sg.

We will provide cotton gloves as these weeds can be easily pulled out by hand.

3) VOLUNTEERS NEEDED FOR UBIN GREEN HOUSE

Volunteers needed weekends and Public holidays in December to help man our Ubin Green House. 10.00 am to 6.00 pm, boat fare and drinks provided.

If you can help email grace_ang@singnet.com.sg your name and mobile number.

4) FREE SENSORY WALK AT PULAU UBIN
(2ND DECEMBER, SUNDAY 4.00 pm)

Meet at our Ubin Green House and will do Sensory walk (about 1 ½ hours). Interested email catatonickheng@yahoo.co.uk.

5) CYCLING TO CHEK JAWA
(29TH DECEMBER, SATURDAY)

Meet 10.00 am (SHARP) at our Ubin Green House and we should be back by 1.00 pm. You have to be reasonably fit and there’s a $3 coordination charge per person ($5 non-GVN members). Bicycle rental ranges from $5 to $8 depending on the quality.

When registering we need name, mobile number and DOB. Please email grace_ang@singnet.com.sg if you want to take part.

6) USEFUL NUMBERS…..

Recently there has been an increase in poaching (mostly birds) and cruelty to animals. Here are some useful numbers that you should record into your mobile:

NPARKS helpline: 1800 4717 300
AVA helpline: 6227 0670
AVA (Cruelty): 6471 9987
S.P.C.A.: 6287 5355

Let’s bring the fight to these socially irresponsibility people by not sitting passively by and allow them to destroy our environment.

7) TREE PLANTING

There is a possibility that we can plant some saplings (Seashore species) at Pulau Ubin. If you want to help email grace_ang@singnet.com.sg with your mobile and D.O.B.

8) BUY NOTHING DAY 28TH NOVEMBER 2007

I wonder how many of us realise that we are consumers the day we are born (milk, diapers, baby shampoo, etc) to the day we die (wreaths, newspaper announcements, transport, coffin, etc). So let’s slow down consumerism (and global warming) by joining in “BUY NOTHING DAY”. You not only save money but also make a statement that consumerism contributes to global warming.

10) MILLION TREES PROJECT

This project was initated by the International School Brunei and was officially launched by Ms. Wangari Maathai, the 2004 Nobel Peace Laureate and founder of the green belt movement. We have been put in charge of the coordination for Singapore, Malaysia and Thailand.

If you have a tree planting project please email me with details such as your school or groups name, how many saplings planted, when, where and names of species planted. If you have photos please email to me with a short caption.

We are trying to plant one million trees in The Association of Southeast Asian Nations (ASEAN) within the next ten years.

Cheers
Grant W. Pereira
Head
Green Volunteers Network
Singapore Environment Council


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Best of our wild blogs: 17 Nov 07

Air Pollution in Singapore hits the news
all the details on the leafmonkey blog

Mudskippers!
lovable leapers on the labrador blog

Helpless Little Heron
letting go is not so easy on the bird ecology blog

A closer look at Pulau Hantu
macro views of the creatures and people on the hantu blog

Tune in to the freeconomy
The online skills exchange portal is already available in 34 countries,
including interesting articles like "Why free public transport would work"
on the eco-street blog from hugg

Daily Green Actions: 16 Nov
more ways to make a difference on the leafmonkey blog


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Why cut down big trees to build family park?

Nov 17, 2007
Letter to The Straits Times
By Miss Lai Yoke Kwai

AMID the call for a clean and green Singapore, we are felling big, beautiful and healthy trees to build a family park so that we can play basketball, skate, jog, etc, among man-made nature.

The proposed park is located along Braddell Road, next to the junction of Braddell Road and Bishan Road.

After some residents objected strongly to destroying the greenery, the project was scaled down and the town council promised to plant 10 trees for every one that is felled. However, this is little consolation because the trees felled were more than 20 years old (they were already fully grown when we moved in in 1988) and it takes more than 10 years for the new saplings to grow to considerable size.
Though I do not know the names of the birds that are living in the area or come resting at different times of the year, I have spotted at least nine types among the trees, and squirrels running on the branches.

It is ironic to destroy beautiful, fully-grown trees to build a park. I am quite sure the new plants will be lined in straight rows and stand X metres apart. Singaporeans just can't leave trees and plants standing haphazardly.

A number of the old trees were cut down last Saturday. Is there something someone can do to stop further destruction?


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Leopard Cat in Singapore


Species
Straits Times 17 Nov 07

Scientists estimate that millions of plant and animal species remain unknown, especially those in this region - with a vast number constantly being discovered.

WHILE the leopard cat, or prionailurus bengalensis, can be found all over Asia and throughout most of South-east Asia, it is considered one of the rarest mammals here.

In fact, the miniature feline was so rarely seen that it was thought to be extinct on the mainland, despite being found on islands like Pulau Tekong. But just last month, one was spotted - sadly, as roadkill - in Jalan Bahar, outside the Civil Defence Academy.

The average leopard cat is as large as a domestic cat. It can reach up to 50cm in body length, and its tail grows to as long as 25cm.

The fur of those found here is yellow-brown, with black markings that may be, depending on the sub-species, spots or rosettes.

These cats are nocturnal and usually solitary except during mating. They are not considered dangerous, and eat frogs, lizards, birds and forest rats.

VERTEBRATE STUDY GROUP NATURE SOCIETY (SINGAPORE)

Recent related articles




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Bear-hunting: Hunter turned hunted

Hunt in Kashmir turns bloody when bear turns on attackers
The Electric New Paper 17 Nov 07

THEIR hunting strategy was simple enough.

Dig a hole, camouflage it, wait for a bear to arrive, then drive it into the hole with sticks and torches.

But Mr Makhan Khan was probably not paying attention when the plan was being drawn up by his fellow poachers.

When the bear finally showed up, the confused Mr Khan found himself on the wrong end of the bear pit, fighting off the beast with a stick while his friends ran for cover.

But lucky for him, he only lost his head figuratively that day.

Mr Khan and his friends were out hunting for bears near the village of Gassoo, in Kashmir, when the beast turned the tables on them.

After digging a deep pit and covering it with leaves, the group must have thought that they had struck the jackpot when an Asiatic black bear wandered into the vicinity of their trap, reported the Daily Mail.

Mr Khan and his friends quickly whipped out sticks and a blazing torch, and attempted to drive the bear towards the pit.

But as these pictures show, their prey had other ideas.

The bear got the jump on the hunters and sent them fleeing in terror.

In the panic, Mr Khan ran right into the camouflaged bear pit and was swallowed up to his waist.

As the bear approached, Mr Khan tried to fend it off with his stick, but the bear swatted it aside like a toy.

The bear then grabbed his head, causing him to scream and drop further into the pit.

Fortunately, the bear quickly lost interest after that and ambled away.

Mr Khan suffered multiple injuries but survived, which was a much better fate than what the hunters had in mind for the bear.

Had the hunters been successful, it would have been killed for its pelt and meat.

Ironically, these photos were taken by an agency photographer while on assignment to highlight the illegal hunting of bears in Kashmir.

The Asiatic black bear is an endangered species across Asia, but numbers have soared in Kashmir because the armed separatist struggle has made poaching too dangerous in the Indian state.

Related articles

Asian bears at risk from poaching, deforestation: wildlife group Yahoo News 12 Nov 07;


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Japan vows to press ahead with whaling

Channel NewsAsia 16 Nov 07

TOKYO: Japan said Friday it will press ahead with an expanded whaling expedition as activists charged that Tokyo had delayed the hunt to avoid international friction.

Japan plans to kill more than 1,000 whales in the Antarctic Ocean on its annual mission, which has long caused tension with Australia and New Zealand.

Further enraging environmentalists, Japan for the first time plans to catch humpback whales, which are internationally considered a vulnerable species and are popular with whale-watchers.

Japan's Fisheries Agency said its fleet would go ahead with the expedition but said the date will only be announced shortly before for security reasons.

"We will go ahead on the day that we planned," said an official from the whaling division.

The fleet usually leaves in November. Environmental group Greenpeace alleged the hunt was delayed because of Prime Minister Yasuo Fukuda's current visit to the United States.

The whaling programme "is a sham and a source of diplomatic tension between Japan and countries that support whale conservation, like the United States," said Karli Thomas, leader of Greenpeace's Esperanza which will try to track the whalers.

"Prime Minister Fukuda should not just delay the whaling fleet's departure to avoid political embarrassment abroad, he should cancel Japan's entire whaling programme and decommission the vessels to end the domestic scandal of wasting Japanese taxpayers' money," Thomas said in a statement.

The whaling official denied the charges, saying: "I don't think this has anything to do with Mr Fukuda visiting the US."

Japan has used a loophole in the two-decade international moratorium on commercial whaling that allows the killing of whales for research.

Japan makes no secret that the meat ends up on Japanese dinner plates and has led an international campaign to resume outright whaling, accusing Western nations of cultural imperialism. - AFP/ac

Japanese fleet to hunt humpback whales
Hiroko Tabuchi, Associated Press, Yahoo News 17 Nov 07;

Humpback whales are in the cross-hairs again. Japan's whaling fleet will leave port soon for the South Pacific with orders to kill up to 50 humpbacks — the first known large-scale hunt for the whales since a 1963 moratorium put them under international protection.

The Fisheries Agency has refused to release the fleet's departure date. But the lead whaling ship's operator, Kyodo Senpaku Ltd., said the fleet was scheduled to set sail from the southern city of Shimonoseki on Sunday.

The ships, led by the 8,030-ton Nisshin Maru, will embark on their largest scientific whale hunt in the South Pacific. Besides humpbacks, they will take up to 935 Antarctic minke whales and up to 50 fin whales.

But it is Tokyo's plan to hunt the humpback — a favorite among whale-watchers for its distinctive knobby head, intelligence and out-of-the-water acrobatics — that has triggered condemnation from environmentalists.

"These whales don't have to die," said Junichi Sato, a Greenpeace spokesman. "Humpbacks are very sensitive and live in close-knit pods. So even one death can be extremely damaging."

Humpback whales were hunted to near-extinction four decades ago. But they have been off-limits to hunting since 1963, except for a small number caught under a subsistence whaling program by Greenland and the Caribbean nation of Saint Vincent and the Grenadines. Last year, they caught one humpback each, according to the International Whaling Commission.

The former Soviet Union also hunted humpbacks until 1973, in defiance of the ban, though it is disputed how many they killed.

Scientists say humpback whales are complex creatures that communicate through long "songs." Measuring 40-48 feet long and weighing 25-40 tons, they are extremely acrobatic, often throwing themselves out of the water, swimming on their backs with both flippers in the air, or slapping the water with their tail or flippers.

The American Cetacean Society estimates the global humpback population at 30,000-40,000, about a third of levels seen before modern whaling. The species is listed as "vulnerable" by the World Conservation Union.

But Japanese fisheries officials insist both humpback and fin populations — estimated at up to 60,000 — are back to sustainable levels.

"Humpback whales in our research area are rapidly recovering," said Hideki Moronuki, whaling chief at the Fisheries Agency. "Taking 50 humpbacks from a population of tens of thousands will have no significant impact whatsoever."

Moronuki says killing whales allows marine biologists to study their internal organs. Ovaries provide vital clues to reproductive systems, earwax indicates age, and stomach contents reveal eating habits, he said.

Meat from Japan's scientific catch is sold commercially, as permitted by the IWC, but Japanese officials deny that profit is a goal.

Japan also argues that whaling is a Japanese tradition dating to the early 1600s, and has pushed unsuccessfully at the IWC to reverse the 1986 moratorium on commercial whaling.

Environmentalists criticize Japan's research program as a pretext for keeping the whaling industry alive, and have long campaigned for an end to the winter catch in the Southern Ocean and a mission in the North Pacific that kills about 100 minke whales a year.

Scientists note that humpbacks migrate to the southern seas from breeding grounds around the world.

"Some breeding grounds are not recovering to the same extent as others," said Ken Findlay, a whale biologist at the University of Cape Town who has studied the mammals for nearly two decades. "While the catch may be small, we're not sure where they come from. That's a real concern," he said.

Environmentalists also are critical of the methods used by Japan's fleet to harpoon the whales. Ships sometimes chase wounded whales for hours, Findlay said.

The new hunt is certain to renew Japan's angry standoff with anti-whaling forces. Greenpeace and the animal rights activist group Sea Shepherd have said they will track Japan's hunt in the South Pacific.

Japan accuses activists of "environmental terrorism." After the last Antarctic hunt, the government released video of protesters launching smoke canisters from a Sea Shepherd ship and dropping ropes and nets to entangle the Japanese ships' propellers.

"We call them terrorists because they engage in blatant terrorism," Moronuki said. "We don't want violence. ... All Japan wants is to find a sustainable way to hunt a very precious marine resource."

Japan to commence whaling mission
BBC News 17 Nov 07

Japan has confirmed that it will carry out its largest whaling programme in the South Pacific.

The mission, expected to draw strong protests from environmentalists, will depart on Sunday and breaks a 44-year moratorium on hunting humpback whales.

Japan's fisheries ministry said the fleet had instructions to kill up to 1,000 whales, including 50 humpbacks.

Japan was forced to abandon commercial whaling in 1986, but has since carried out whaling for "scientific research".

Four whaling ships, including the lead craft Nisshin Maru, will depart from the southern port of Shimonoseki.

The 239-man mission plans to kill more than 900 minke whales as well as fin whales and humpbacks, in a South Pacific whale hunt that will run until mid-April.

The 8,000 metric tonne Nisshin Maru was crippled by a fire on a whaling mission in the Antarctic in March. One crew member was killed.

A Greenpeace campaign ship will be following the Japanese fleet.

Sensitive mammals

Tokyo's plan to target the humpback - which was hunted to near extinction four decades ago - has drawn condemnation from environmentalists.

"Humpbacks are very sensitive and live in close-knit pods. So even one death can be extremely damaging," Greenpeace spokesman Junichi Sato said.

Japanese fisheries officials insist both humpback and fin populations are back to sustainable levels.

"Humpback whales in our research area are rapidly recovering," fisheries spokesman Hideki Moronuki said.

"Taking 50 humpbacks from a population of tens of thousands will have no significant impact whatsoever," he said.

Mr Moronuki said killing whales allows marine biologists to study their internal organs.

Meat from Japan's scientific catch is sold commercially but Japanese officials deny that the mission plans to make a profit.

Japan argues that whaling is an ancient Japanese tradition, and has pushed unsuccessfully at the International Whaling Commission to reverse the 1986 moratorium on commercial whaling.

Environmentalists say Japan's research programme is a pretext for keeping the whaling industry alive.

As Japan sets out on whale hunt, eco-warriors vow to 'hunt the whalers'
Today Online 19 Nov 07

TOKYO — A defiant Japan yesterday embarked on its largest whaling expedition in decades, targeting protected humpbacks for the first time since the 1960s despite international opposition.

Japan argues that whale populations have recovered enough to allow a managed catch, but militant environmentalists have vowed in turn to "hunt the whalers" to save the still-vulnerable humpbacks.

Bid farewell in a festive ceremony in the southern port of Shimonoseki, a fleet of six vessels headed for the waters off Antarctica, resuming a hunt that was cut short by a deadly fire last February that crippled the fleet's mother ship.

"Although we are subjected to vicious blocking tactics by environmental groups, we have to continue this into the future," team leader Hajima Ishikawa was quoted by Kyodo News as saying.

Meanwhile, the environmental movement Greenpeace said its ship Esperanza is waiting outside Japanese coastal waters and will track the whalers, shooting video footage to show the public.

"The threatened humpbacks targeted by the whalers are part of thriving whale watching industries elsewhere," Greenpeace expedition leader Karli Thomas said in a statement.

Japan kills more than 1,000 whales a year in the Antarctic and Pacific using a loophole in a 1986 International Whaling Commission (IWC) moratorium, which bans commercial whaling but allows catching whales for research.

Only Norway and Iceland defy the moratorium outright.

"Japan's research program is a sham," Mr Thomas told The Associated Press by phone. "We demand that the Japanese government cancel it."

Since the 1986 moratoriumon, Japan has killed almost 10,500 whales, mostly of the minke and Brydes species, under research permits.

Tokyo has argued unsuccessfully for years for the IWC to overturn the moratorium. — AGENCIES


Related articles

Discovery set to refute Japanese whaling claims Sarah Clarke, ABC News 14 Nov 07;
Legal query over Japan's whale kill, Andrew Darby, The Age


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US wants freeze on tuna fishing

Anna-Marie Lever, BBC News 16 Nov 07

The US is calling for a ban on the fishing of bluefin tuna in the eastern Atlantic and Mediterranean Sea.

A three-to-five-years ban is being proposed to the International Commission for the Conservation of Atlantic Tunas (Iccat).

The call comes amid deep concerns that the stock may collapse if the level of overfishing continues.

The European Commission recently closed its bluefin tuna fishery for this year after quota limits had been exceeded.

Bill Hogarth, the US delegate and Iccat chairman, said: "We need a determined international effort to save this truly magnificent fish".

The US Senate has backed Mr Hogath's calls for a moratorium on bluefin tuna fishing at the Iccat, which is currently meeting in Turkey.

'Stock collapse'

Conservation group WWF has given its support to the US proposal.

It too has been calling for an immediate three-year ban "following a season of unprecedented illegal and uncontrolled fishing which has resulted in massive over-quota catches".

Speaking from Turkey, Dr Sergi Tudela, the head of Fisheries Programme at WWF Mediterranean said:

"The so-called recovery plan that was adopted by Iccat last year, is not a recovery plan - it is a collapse plan, even according to the scientific committee of Iccat," he told BBC News.

In 2006, to stop stock decline, Iccat scientists advised that the total catches on eastern Atlantic and Mediterranean bluefin stock should not exceed 15,000 tonnes.

The adopted plan, however, set the quota at 29,000 metric tonnes for 2007, nearly twice the scientifically recommended level.

These unsustainable management measures, along with violations of catch limits, illegal fishing and misreporting mean the US and WWF believe a moratorium is the only option to save blue fin tuna stocks from collapse.



Time to vote

The Iccat is made up from 45 member nations, which includes the European Commission.

The vote from the Iccat will be announced at the end of the meeting on Sunday.

Dr Tudela said: "So far it looks difficult to get the minimum support required for this [temporary moratorium], but we don't know yet. We will know very soon which countries are supporting this."

Turkey and Japan have also made proposals.

Turkey has called for the management plan adopted by Iccat last year to be amended by reducing quotas previously enforced by 5,000 tonnes and extending the closed fishing period.

Japan wants to establish a working group of traders and farmers to determine a management plan alongside Iccat.


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Scientists harvest fish oil crop

Helen Briggs, BBC News 16 Nov 07;

Plants genetically engineered to make fish oils offer a new approach to improving diet, say UK scientists.

Experiments have proved that crops containing genes from marine organisms are able to produce omega 3 fatty acids normally found in oily fish. Adding the oil to animal feed would create omega 3-rich meat, milk and eggs.

Researchers from the EU-wide Lipgene project say such food would help tackle public health issues like obesity.

'Good' fats

Concerns over dwindling fish stocks and marine pollution has led researchers to seek an alternative source of long chain omega 3 fatty acids; fats that have important health benefits, especially for the heart. The best source is oily fish, such as salmon, mackerel and herring, but most people do not get enough in their diet.

Omega 3 fatty acids are made not by the fish themselves but by the marine microbes they consume.

Scientists at Rothamsted Research in Harpenden, Herts, isolated key genes from a species of microscopic single-celled marine algae known as Thalassiosira pseudonana.

They inserted the genes into crops such as linseed and oil seed rape and found that the plants were able to synthesise omega 3 fatty acids in their seed oils.

"We know that this works, we've done proof of concept studies in model plants and also in crop plants and we can see the accumulation of some of the fish oils we're interested in," said research group leader Professor Johnathan Napier.

"We're still at the stage where we'd want to optimise and improve the levels that we see so I think we're probably three or four years away from the point where we have something ready for regulatory approval for some sort of limited field release," he added.

The eventual aim is to feed GM-enhanced oils to animals such as chickens and cattle, to produce omega 3 enriched meat, milk and eggs.

This would provide a sustainable source of fish oil amid concern over dwindling fish stocks.

"The big problem is that fish (and fish oils) is a very seriously diminishing natural resource," said Professor Napier.

"There are big problems with the sustainability of natural fish stocks and there are also concerns about pollution of the marine environment so we're interested in trying to produce a sustainable alternative source with these fish oils."

Consumer issues

Professor Ian Givens from the Nutritional Sciences Research Unit at the University of Reading said he believed that consumers would see the benefit of such foods, despite the fact they come from transgenic crops.

"There has been a lot of concern and resistance about the whole GM technology in the food chain," he said.

"Things move on. When people are able to see more clearly what the benefits to them are from these sorts of approaches, rather than the benefits to others, I suspect that mindsets will change but it will take time."

New figures released by Lipgene show that only 30% of the UK population is consuming the recommended 450mg/day intake of omega-3 fatty acids.

Teenagers, especially males, and low income groups eat the least of all, said Professor Givens.

The Food Standards Agency (FSA) recommends that everyone should eat two portions of fish a week, including one portion of oily fish.

But because fish can contain pollutants such as dioxins and PCBs, there are limits to the amount that should be consumed, particularly for women who are pregnant and breast feeding.

An FSA spokesperson said an expert committee reviewed the evidence on the relationship between long chain omega 3 fatty acids and cardiovascular disease in 2004.

"Two portions of fish per week, one white and one oily, provides the amount of long chain omega 3 fatty acids that can help prevent heart disease," said the spokesperson.

"The Agency recommends that it is better to eat fish, especially oily fish, rather than fish oil supplements or fish oil fortified foods because as well as being rich in long chain omega 3 fatty acids, fish also contains essential vitamins and minerals and is a good source of protein."


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British law to cut carbon output

By Mark Rice-Oxley, Straits Times 17 Nov 07;

LONDON - BRITAIN has set a global precedent by producing legislation that would for the first time require the government to achieve sizeable cuts in carbon emissions.

The Climate Change Bill, which is expected to be passed by parliament and become law early next year, is the centrepiece of government efforts to steer Britain towards a low-carbon economy.

The law will require present and future governments to cut emissions by 3 to 4 per cent each year so that Britain's carbon footprint in 2050 is 60 per cent smaller than what it was in 1990.

Environment Secretary Hilary Benn said on Thursday that Britain wanted to 'show the world that we're taking decisive action within our own borders, particularly ahead of the crucial talks in Bali next month where we want to launch formal negotiations on a comprehensive future climate deal that involves every major country on earth'.

Activists have hailed the legislation as a landmark, but say the targets are not ambitious enough. They argue that in order to prevent catastrophic overheating, major industrialised countries should be aiming for 80 per cent cutbacks by 2050.

The impact on ordinary Britons of the carbon cutback will be slight: better insulation in houses, new charges on gas-guzzling vehicles and a gradual move towards renewable energy.

Some scientists are urging deeper cuts to prevent a rise in global temperatures of more than two degrees Celsius.

Dr Kevin Anderson, an expert at Tyndall Centre for Climate Change Research, a leading British think-tank, favours a radical option of 'personal carbon budgets', a credit-card style system of allocations that people would spend like money.

'For example, I might decide to fly twice a year, but not have a car. Someone else might want a bigger house, a small car and take only one flight, or not fly at all. It's a mechanism that allows for a bit of choice,' he said.


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Opec can do little to curb prices, say oil ministers

Straits Times 17 Nov 07

RIYADH - THE Organisation of Petroleum Exporting Countries (Opec), benefiting from this year's 53 per cent oil rally, has never been so powerless at reducing the cost of energy, risking a consumer switch to other sources, oil ministers said.

Prices have rallied 20 per cent since the group's last decision in September to boost output. Opec oil ministers, including Venezuela's Mr Rafael Ramirez, say there is no reason to raise supply further at a Dec 5 Opec meeting because inventories are adequate.

'Opec can't do anything about the price,' Mr Ramirez said yesterday in Riyadh, Saudi Arabia, where Opec is holding a heads of state summit this weekend. Oil prices may reach US$100 a barrel soon and Opec can do very little about it, he said.

Crude oil in New York rose to a record US$98.62 a barrel last week because of concerns that supplies may fall short during the northern hemisphere winter. Prices have also risen on concerns over supply disruptions in producers such as Iran and Nigeria, and as investors turned to commodities as a safe haven from other financial markets and a falling US dollar.

'Opec is finding itself a victim to movements on equity markets,' Mr Daniel Yergin, chairman of Cambridge Energy Research Associates, said in Riyadh. 'It is perplexing to have the oil price change several dollars a day, when one is thinking about 15-20 year investments.'

'High prices so far have limited impact on demand, however we can't remain complacent, this high price is potentially dangerous,' Opec president Mohamed al-Hamli said yesterday in Riyadh. He cited the example of the 1970s 'when the electricity industry switched away from oil'.

At the summit, Opec plans to reject United States calls to increase production, according to a draft of its statement to be released this weekend, three Opec officials told Bloomberg yesterday, on condition of anonymity.

The group will instead reiterate its commitment of stable supply and invest in technology to cut carbon dioxide emissions from oil and gas in a bid to remain a primary energy provider in a world more aware of climate change.

'They will be grateful for high prices and hope that alternatives to oil are not encouraged too much since there is very little they can do in the short run to send prices lower,' Mr Adam Sieminski, chief energy economist at Deutsche Bank in New York, said in a Nov 12 interview.

BLOOMBERG NEWS


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OPEC to put carbon capture at heart of new green agenda

Yahoo News 16 Nov 07;

OPEC leaders are set to make carbon capture and storage the centerpiece of their new-found green agenda by urging greater use of the emerging technique to curb carbon emissions, Algeria's energy minister said Friday.

Chakib Khelil, reading from a draft declaration expected to be approved at the end of an OPEC summit, said point three would be "energy and environment: carbon storage could reduce the impact of fossil fuels on climate change and developed countries have the technology on this."

Earlier a source told AFP that the joint communique to be issued by OPEC leaders on Sunday would include a "big announcement on the environment."

At a conference in Spain, UN experts meanwhile agreed Friday on a draft report that warns global warming may have far-reaching and irreversible consequences.

The report by the Intergovernmental Panel on Climate Change (IPCC) encapsulates a massive overview of the global-warming problem, with the goal of guiding policymakers for the next five years.

Carbon capture technology, with which oil producer Norway, a non-OPEC member, is leading the way, consists of trapping carbon dioxide and storing it long-term underground.

The technology is based on removing harmful gases from major industrial activities, mainly power generation, and then storing it or injecting it into mature oilfields.

It has won support from the United States and the oil industry because it potentially offers a partial solution to the climate change problem without reducing dependence on oil or curbing consumption.

But it is only in the development stage and requires massive investment to make it commercially viable.

Three pilot projects are operating in Algeria, Canada and the North Sea off the Norwegian coast.

Some have also pointed to other drawbacks, notably that the underground storage chamber could rupture which would then release a huge bubble of carbon dioxide into the atmosphere, worsening global warming at a stroke.

Nevertheless, the UN's top climate change official said Thursday here that a commitment to carbon capture would be "very constructive outcome of the deliberations at the heads of state level" at the OPEC summit.

OPEC organisers have set "providing petroleum, promoting prosperity and protecting the environment" as the three headline themes of the two-day summit, with the emphasis on the environment coming as a surprise to many observers.

Saudi Oil Minister Ali al-Nuaimi, who chaired a debate about energy and the environment on Thursday with the UN's top climate change official, said the host country was concerned and ready to act on global warming.

Yvo de Boer, executive secretary of the UN Framework Convention on Climate Change (UNFCCC), praised the Organisation of Petroleum Exporting Countries for its attitude to the issue.

"I think the debate here points to a constructive willingness to participate in international dialogue about climate change," he said.

He added that cartel members had shown "recognition that oil is a major contributor to the greenhouse effect, but also a willingness to talk about how oil can be produced and brought to market in a cleaner way."

The OPEC summit is only the third in the organisation's 47-year history.

Foreign, finance and oil ministers from the 12 member countries were gathering here on Friday to finalise the declaration.

Saudi Arabia announces climate change fund
Yahoo News 17 Nov 07

Saudi Arabia, the world's biggest oil exporter, announced Saturday a multi-million-dollar fund to tackle global warming that is set to focus on finding technological solutions to the climate change problem.

Making the announcement at the opening of the third OPEC summit in Riyadh, King Abdullah bin Abdulaziz said the kingdom will invest 300 million dollars (200 million euros) to develop technology to tackle climate change.

"I announce that the kingdom of Saudi Arabia is giving an amount of 300 million dollars that will be basis of a programme that will finance research related to the future of energy, environment and climate change," he said.

The king described attempts to exaggerate the impact of oil on the environment and climate change as "erroneous."

OPEC ministers on Friday expressed support for carbon capture and storage, an emerging technology to trap carbon dioxide and store it underground.

"Protecting the planet" is one of three headline themes of the OPEC summit, a surprising focus for a group of oil producers whose wealth depends on their exports of fossil fuels.

Algeria's Energy Minister Chakib Khelil said Friday the final statement to be issued by OPEC leaders on Sunday will call for expanding the use of carbon capture and storage technology to curb carbon emissions.

A UN report released on Saturday said evidence of a human role in the warming of the planet was now "unequivocal" and the effects on the climate system could be "abrupt or irreversible."

Carbon capture technology, with which oil producer Norway, a non-OPEC member, is leading the way, consists of trapping carbon dioxide and storing it long-term underground.

The technology is based on removing harmful gases from major industrial activities, mainly power generation, and then storing it or injecting it into mature oilfields.

It has won support from the United States and the oil industry because it potentially offers a partial solution to the climate change problem without reducing dependence on oil or curbing consumption.

But it is only in the development stage and requires massive investment to make it commercially viable.

Three pilot projects are operating in Algeria, Canada and the North Sea off the Norwegian coast.

Some have also pointed to other drawbacks, notably that the underground storage chamber could rupture which would then release a huge bubble of carbon dioxide into the atmosphere, worsening global warming at a stroke.

Nevertheless, Yvo de Boer, executive secretary of the UN Framework Convention on Climate Change (UNFCCC) said Thursday here that a commitment to carbon capture would be "very constructive outcome of the deliberations at the heads of state level" at the OPEC summit.

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