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The program will pick five winners, each of whom would get $100,000, “based on the most progressive ideas that represent entrepreneurship and innovation around technologies, processes and business models.” Additionally, GE and its partners will help commercialise these ideas, which is where the bulk of the $10 million program will kick in.
Yonderr, the website launched by CO2 Australia, allows individuals and businesses to purchase carbon offset packages based on character profiles that most closely correspond to their lifestyles. Visitors can select among eight different individual and business profiles or perform some basic customisation to estimate the size of their footprint. Packages range from as little as $54 a year for an individual (the vegetarian hippy with a dog, but no car) to $336 a year for a family of four.
Participants in the "Grow Me the Money" program saved an average of $8,619 on their utility bills this year, ending June 30, compared the previous year. The firms also saved an average of 78.1 tonnes of carbon dioxide, a one-year improvement of 29 percent. That's the equivalent of taking 18 cars off the road.
A breakthrough by researchers at the University of Sydney is set to harmonise two of today's hottest emerging trends: cloud computing and energy efficiency.