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first_img24 July 2007South African petrochemical company Sasol has become the first in the world to register a project that uses a secondary catalyst to convert the greenhouse gas nitrous oxide into harmless nitrogen and oxygen, which could earn the company significant income through the sale of carbon credits.Sasol said in a statement on Monday that a share of the revenue derived from the carbon credit sales would be invested in local community-based sustainable development projects.A carbon credit – one credit is equivalent to a ton of carbon dioxide reduced – is a tradable permit scheme used as an incentive for countries and businesses to reduce their greenhouse gas emissions.Countries that have signed the Kyoto Protocol have fixed quotas for greenhouse emissions. The protocol’s clean development mechanism allows businesses to generate carbon credits, which can then be sold or exchanged with businesses that have exceeded their quota limits.Sasol Nitro, which commissioned its nitrous oxide emission abatement technology during the first quarter of 2007, expects to reduce greenhouse gas emissions by the equivalent of about a million tons of carbon dioxide a year.According to the company, one ton of nitrous oxide has the greenhouse impact equivalent to 310 tons of carbon dioxide.The technology will be used to reduce emissions at two nitric acid plants in Sasolburg in the Free State province and Secunda in Mpumalanga province.“This is the first time that a project using a secondary catalyst has been registered as a clean development mechanism project in terms of the Kyoto Protocol,” said Sasol Chemical Businesses’ group general manager Reiner Groh.The project offered “significant environmental benefits for Sasol, our local communities and South Africa,” Groh added.Sasol said it had developed the project with assistance from MGM International, a specialist in the development of greenhouse gas emission reduction projects worldwide, and Heraues, a provider of catalyst technology for nitric acid production facilities.SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

first_img29 June 2009 The 2009 Fifa Confederations Cup drew to a close at Ellis Park Stadium in Johannesburg on Sunday night in a ceremony filled with music, colour, light and dance. But the passion reflected in the photos of fans, beamed onto a giant sphere floating above the pitch, was not staged. The photographs, of the fans that filled South Africa’s four host stadiums during Fifa’s “Festival of Continental Champions”, reflected a nation that came together in a tournament that has given the country many reasons to smile. As Nelson Mandela watched his great-granddaughter Zenani bringing the Fifa Confederations Cup trophy out onto the pitch following a thrilling final between Brazil and the USA, no doubt he was smiling too. For over the past two weeks South Africa has shown the world, once again, what it is capable of. It has also shown that the opportunity South Africa has been given to host the 2010 Fifa World Cup is about more than stadiums, pitches, roads and airports. It’s about people, and working together for a common goal. It is about reasons to smile and cry and make some very loud noise. It is about the joy that comes from being part of 14 days of thrilling football. “I have loved this tournament,” said 12-year-old Zenani, granddaughter of Nelson Mandela’s youngest daughter, Zindzi. “It has been so much fun – and Bafana Bafana have been playing, like, wow!” As the stadium went dark on Sunday night, and the vuvuzelas went quiet, the melodic sounds of Africa filled the air. The voices of 150 choir members and the beats of 150 drummers bid the fans and the watching world goodbye. But for the country, and the continent, this was just the beginning. In less than a year’s time, South Africa and Africa will welcome 32 teams, hundreds of thousands of fans and millions of television viewers back for the big one, the 2010 Fifa World Cup – and the drama, and the celebrations, will begin in earnest!Source: 2010 Fifa World Cup South Africa Organising Committeelast_img read more

first_imgWhy Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai… jolie odell Related Posts Tags:#start#startups center_img 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting Recruiting and applicant-tracking SaaS startup Jobvite has secured $8.25 million in series B funding.The round was led by ATA Ventures, a new investor. CMEA Capital, who led Jobvite’s Series A financing, also participated in this round. Jobvite also appointed Hatch Graham, ATA’s managing director, to its board of directors. Jobvite secured $7.2 million in Series A funding in 2007 from CMEA, bringing its total funding to date to $15.45 million.Jobvite’s platform allows recruiters at companies such as Yelp, Digg, Mozilla, Zappos, and TiVo to target potential new hires through their existing social networks. The company also states that their customer base has tripled over the past 12 months.“We’ve liked the way Jobvite has brought the benefits of SaaS and social networking together to solve real problems for its customers,” said Jim Watson, managing general partner at CMEA Capital. “The management team has proven it has the ability to both innovate and execute. That’s why we’re increasing our investment.”“I’m impressed by Jobvite’s vision for the future of the rapidly transforming, multi-billion dollar recruiting sector,” said Graham. “Now is the perfect time for expansion.”Jobvite will use this round of funding to accelerate product development and meet growing customer demand.last_img read more

first_imgIndia off-spinner Harbhajan Singh was on Wednesday served a notice by the Commissionerate of Central Excise and Customs here for evading service tax on his income from the second and third season of the Indian Premier League.Harbhajan, who represents Mumbai Indians in the IPL, has been issued notices for his role in advertisements, rental incomes and his participation in the first and second seasons of the high-profile league, said Charanjit Singh, commissioner of CEC, Ludhiana.Singh said that Rs 1.8 crore as taxable amount is recoverable from Harbhajan on account of his income from the IPL.Details regarding his rental income from Mumbai Indians and income from advertisement have been asked from his chartered accountant who appeared on Harbhajan’s behalf before the assessing authority.Similar notices have been served to Punjab XI players Karan Goyal and Gagandeep Singh (both from Ludhiana), Sarvjit Singh (Jalandhar) and T P Singh (Amritsar).Singh said that the notices have been issued as IPL was primarily a business promotion venture and the department did not accept it as a sporting event.Earlier, the Chandigarh Commissionerate had issued a similar notice to Yuvraj Singh, another Kings XI player, for recovery of Rs 1.15 crore, including interest and penalty, as service tax dues.- With PTI inputslast_img read more

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Arizona Cardinals tight end Rob Housler has had a slow start to the season, missing the first two games due to injury and then being held to two catches in the two games since.Though Housler hasn’t quite made an impact since returning from his preseason ankle injury, head coach Bruce Arians said he’s seen improvement from his tight end in the last few weeks and expects his performance to pick up.“He’s had two really good weeks of practice, he’s full speed,” Arians said. “He just needs to catch the ball better. Derrick Hall satisfied with D-backs’ buying and selling Top Stories Comments   Share   center_img Housler has a tough task this Sunday, however, going against Panthers’ linebacker Luke Kuechly. The 2012 NFL Defensive Rookie of the Year has become one of the best inside linebackers in football, and Housler said he’s been preparing for good battle with the second-year player.“He’s the kind of player defensively you’ve got to scheme for,” Housler said. “He’s pretty dynamic in the way he plays, coverage and the run game. As far as tight ends go, he’s got the athleticism and size to run with you and cover you and it’s going to be a challenge this week.”Housler is used to being the one creating the mismatches with his own size and speed, but he acknowledged it will be a team effort getting Kuechly off his game.“If you can run the ball effectively and get him to play the run game and get over the top of him, that’s probably the best way,” Housler said, before adding, “He’s so fast, he’ll probably recover.” Housler, in his third year out of Florida Atlantic, led Arizona tight ends with 45 receptions and 417 yards in 2012. Carolina has allowed just 225.7 yards per game in the air this season, ranking 12th in the NFL. Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impactlast_img read more

first_imgVirtual pay TV operators in the US are making more than twice the revenue of traditional pay TV operators per channel per month, according to Ampere Analysis.The new research claims there is “more money to go around” in the skinny pay TV bundle than in traditional US pay TV packages, making the switch to ‘virtual’ pay TV potentially lucrative for channels.While the national average revenue per channel per customer for traditional pay TV is US$0.23 a month, virtual pay TV operators make a healthier US$0.59 per channel per month on average, according to the report.Even removing the cost of carrying US national networks, the remaining revenue per channel for skinny bundle packages still stands at US$0.48, “more than double the average for traditional pay TV”, said Ampere’s research.“US pay TV operators have needed to balance carriage fees and revenue for a long time. However, with the increasing migration of pay TV subscribers to OTT services, that balancing act is only set to become more precarious,” said Ampere Analysis research director, Guy Bisson.“Despite the fees they are charged to include US networks in their streaming packages, vMSOs (virtual Multiple Systems Operators) have made a better job of reconciling the carriage fees versus revenues per channel equation.“For channels, the shift to streaming and rise of vMSOs looks like a potentially strong plus – providing they have strong enough brands to make the cut.”last_img read more