Work begins on £25m biomass facility; Smurfit Kappa paper mill gets sustainability innovation award; MEPs approve EU carbon market reforms; Veolia wins sustainability award
Work begins on £25m biomass facility
Scottish deputy first minister John Swinney marked the official start of construction work on the Guardbridge £25 million green energy centre on 6 July.
The biomass facility (pictured), using wood from sustainable local sources, will be built on the site of a former paper mill and will pump hot water from the plant four miles underground to heat and cool laboratories and student residences in St Andrews.
The centre, which is being delivered by St Andrews University, will create more than 225 jobs in the construction phase.
Smurfit Kappa paper mill gets sustainability innovation award
The District of Aachen has awarded Smurfit Kappa’s Zülpich paper mill in western Germany a prize in recognition of its outstanding sustainability performance.
Winners of the AC² innovation award are traditionally drawn from the automotive or medical sectors, but the judging panel created a special jury prize for the facility.
MEPs approve EU carbon market reforms
The European Parliament has given its final seal of approval to a plan to reform the EU’s carbon market in 2019, with 495 voting favour and 198 against.
Some 2bn excess carbon allowances have accrued in the years since the economic crisis, undermining the EU’s emissions trading system.
The reform will introduce a market stability reserve to reduce the number of surplus allowances, increasing the price of carbon and spurring green investment.
Veolia wins sustainability award
Veolia has won a Sustainable Products and Services award.
Winners were announced in London at Business in the Community’s annual responsible business gala dinner on 7 July.
Sixty three companies were selected as award finalists from the UK and abroad, across the 14 award categories of the scheme.