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Emirates named World’s Best Airline

Dubai-based Emirates has received the World's Best Airline prize at the Skytrax 2013 World Airline Awards.The company is one of the fastest growing carriers on the planet and scooping this prestigious accolade will enhance its status even further.It also won the Best Middle East Airline gong for the ninth consecutive year, as well as the World's Best In-flight Entertainment award.This particular prize-giving is highly respected throughout the aviation industry, as the winners are voted for by more than 18 million business and leisure travellers from across 160 countries.Emirates has played a huge part in establishing Dubai International Airport as the second busiest on earth in terms of annual passenger numbers.The firm continues to add new services to far-flung destinations, ensuring the UAE is one of the most accessible countries in the world. Last year alone, 39 million people flew with Emirates and many of these passengers would have spent some time in Dubai.President of the organisation Tim Clark collected the awards at the recent Paris Airshow and he was delighted with the company's achievements.”These awards are widely regarded as the industry's benchmark for excellence. For us, the awards clearly reflect a vote of confidence from global travellers, who acknowledge and appreciate our continuous drive to deliver high-quality service,” he commented.”To be voted World's Best Airline by millions of discerning travellers really is something for our 60,000 strong workforce to be proud of.”Aviation experts predict that Emirates will go from strength to strength in the coming years and this is good news for Dubai's tourism sector, as 66 million air passengers are expected to land at the main airport throughout 2013. This figure is likely to rise annually for the foreseeable future.Not only is Dubai International expanding rapidly, but the city's second airport – Dubai World Central, otherwise known as Al Maktoum International Airport – is also set to launch passenger services for the first time in October 2013. Continue reading

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China Test Markets May Help Set Emission Cuts, GreenStream Says

By Mathew Carr – Jun 18, 2013 Karl Upston-Hooper, general counsel at GreenStream Network Plc in Helsinki, comments on emissions trading in China , including the nation’s seven test carbon markets and offsetting program called China Certified Emission Reductions, or CCERs. He spoke by phone on June 14. China started today its first test carbon market in Shenzhen. On how China will use its test markets to help determine a trajectory for its own emissions output after 2020: China negotiators will travel to a key United Nations climate conference in Paris near the end of 2015 “knowing what they can achieve. Environmental problems are a potential disruption to social harmony. The government knows it.” On whether China is genuinely embracing carbon markets: “I don’t think it’s a sham or a facade. I’ve got a very positive impression of Shenzhen’s program.” The test programs “are not going to burst into life as a liquid, functioning market.” On China’s preference for spot trading: “The problem with having a spot market is you have no long-term price signals. I can’t lock in the price of carbon. In the EU, I can hedge.” On challenges: China will face setbacks as it sets up a system that links its programs, transitions to a national market and allows outside traders to participate, Upston-Hooper said. On trading: GreenStream expects it may after about 2015 be able to sell some of the 3 million metric tons of CCERs it’s already arranged to buy to emitters including in Shenzhen, Upston-Hooper said. CCERs will become “a currency that links the pilots. We’re a firm believer there will be in due course a functioning carbon market in China.” To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net Continue reading

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French Albioma Will Invest 400 Million Euros In Cane Biomass In Brazil

By Geert De Clercq and Benjamin Mallet PARIS, Juno 6 (Reuters) – The French Albioma plans to invest 400 million euros (528 million dollars) in power plants to produce electricity from waste sugar cane in Brazil and is negotiating partnerships with several producers cane. The Albioma, who has decades of experience in power generation from bagasse in the French territories, can produce three to five times more energy from bagasse sugar mills, said Chief Executive Officer Petry Jackets Reuters. The French company, formerly called SECHILIENNE-Sidec, burns about 1.3 million tons of sugarcane bagasse in the islands of Reunion and Mauritius Indian Ocean and the island van de Guadalupe, where the bagasse is an important part of the energy matrix. Albioma plans to invest 400 million euros over the next decade in Brazil and is negotiating with several sugar mills about buying your plants. Petry said it takes a long time to negotiate long-term contracts with farmers and sugar mills, but that funding is available through the National Bank for Economic and Social Development (BNDES). The company also plans to invest 400 million euros in biomass projects in the French territories, including a project of 170 million euros in Martinique bagasse and 200 million euro in biogas plants in France, where it has 22 ongoing projects to produce electricity from manure and other agricultural waste. Continue reading

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