Times Square is about to receive New York City’s first green-powered electronic billboard. Tokyo-based Ricoh Company, Ltd. will install a 47 by 126 foot sign on the Reuters Building (3 Times Square, at the northwestern corner of 42nd Street and 7th Avenue) that will draw power from 45 solar panels and 4 wind turbines. In what should be an interesting twist, if the photovoltaics do not receive sufficient sunlight or winds are not strong enough to drive the turbines, the sign will simply not illuminate. According to Ricoh, the installation should account for a reduction of 18 tons in carbon dioxide per year.
SOURCE: greenbuildingsNYC: New York City’s Green Real Estate Blog.
With good management, Asian cities can sustain economic growth and provide a even higher standard of living for their population, said Singapore’s Senior Minister of State for National Development Grace Fu here Wednesday.
Speaking at an event of the World Cities Summit which is held here from Tuesday, she said a key common challenge facing cities in Asia is to pursue economic growth while ensuring environmental and social sustainability.
While economic growth can bring more wealth and resource to cities, she pointed out that the distribution of wealth may be uneven, “economic growth can also widen the income disparity among the population and stress the social fabric that underpins economic and social stability.”
SOURCE: Xinhua – Singapore official: Asian cities can harmonize economic growth and environment_
New York City building owners who install vegetation on at least half of their rooftop space may receive up to $100,000 in a one-time property tax credit.
Bill A.11226 passed the state legislature Tuesday, paving the way for building owners to be compensated about $4.50 per square foot of green roof space, or about a quarter of the cost typically associated with a green roof’s materials, labor, installation and design.
A proliferation of green roofs could save America’s most populous city millions of dollars in energy cooling and stormwater management costs, as well as jumpstart the creation of green collar jobs, say proponents of the bil
SOURCE: GreenerBuildings – NYC Gets a Green Roof Kickstart
Biofuels threaten food security and environment
Less than two years ago few people knew about biofuels. Today, Indonesians are struggling to cope with the escalating costs of daily essentials, like rice, as the amount of agricultural land being used to produce this new source of energy increases.
A combination of skyrocketing oil prices and the need to find alternatives to climate changing fossil fuels is driving this new biofuel obsession.
Environmentalists are becoming increasingly worried about the adverse impacts this will have on the country’s rapidly diminishing rainforests.
SOURCE: The Jakarta Post – The Journal of Indonesia Today.