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EU States to Use TCO Certified to Make Socially and Environmentally Responsible IT Product Choices

STOCKHOLM, Aug. 19, 2014 /PRNewswire/ -- Earlier this year the EU Parliament adopted a new public procurement directive. The directive makes it easier for purchasing contracts - including those for IT products - to include requirements for social and environmental responsibility from electronics manufacturers. Member countries have until 2016 to implement the new directive.

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(Photo: http://photos.prnewswire.com/prnh/20140819/700848)

The EU Parliament has signaled that social and environmental factors are now a priority in public purchasing. The use of relevant labels and certifications, such as TCO Certified, is encouraged, along with verification of product compliance. Buyers can now more easily take a sustainable, life cycle approach to the purchase of computers, smartphones and other electronics.

"We're excited to follow the implementation of this directive," comments Gabriella Blomgren, Marketing Director at TCO Development. "It provides needed support for EU buyers wanting to make sustainable choices, with the help of labels and certifications."

Public purchasing in the EU is valued at 2000 billion Euros annually - approximately 20 percent of GDP. With the new directive, the public sector is now poised to make a significant contribution to sustainable development.

IT products such as notebook computers, tablets and smartphones are linked to several sustainability challenges, including environmental hazards and poor working conditions in electronics manufacturing facilities.

Blomgren concludes, "It's important that buyers make their demands known to industry. When brands see there is a demand for sustainably, responsibly designed and made products, change for the better is more likely. TCO Certified offers manufacturers a way of making products that meet these new buyer demands and offers buyers a way of choosing the best products from a lifecycle cost perspective."

About TCO Development 

TCO Development advances sustainable IT and is the organisation behind TCO Certified, the third party sustainability certification for IT products. Professional IT purchasers worldwide choose TCO Certified products as part of their sustainable IT strategy. Products achieving TCO Certified meet a broad series of criteria to ensure that manufacturing, use and recycling is carried out with consideration for environmental, social and economic responsibility. TCO Certified is available for displays, notebooks, tablets, smartphones, desktops, all-in-one PCs, projectors and headsets. TCO Development is headquartered in Stockholm, Sweden, with regional presence in North America and Asia.

Contacts:
Gabriella Blomgren, gabriella.blomgren@tcodevelopment.com
Mobile: +46-70-635-83-51

Press:
Anna Pramborg, anna.pramborg@tcodevelopment.com
Mobile: +46-70-667-64-04

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Peabody Energy: Australia’s Repeal of the Carbon Tax Rejects Policy That Makes Energy Scarce and Expensive

ST. LOUIS, July 18, 2014 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today praised the action of Australia's Parliament and Prime Minister in repealing the carbon tax, which has hurt consumers via high electricity costs and damaged the economy.

"The Australia Government's reversal of the carbon tax is a lesson in leadership for the modern world," said Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce.  "We encourage U.S. policymakers to take the same path and reject the Administration's costly proposed rules on power plants.  Technology, not caps and taxes, is the key to long-term improvement in carbon emissions."

In turning around the carbon tax, Australian Prime Minister Tony Abbott said: "Today, the tax that you voted to get rid of is finally gone. A useless, destructive tax which damaged jobs, which hurt families' cost of living and which didn't actually help the environment is finally gone."  The government has estimated that the repeal would save families A$550 per year.

Australia elected a new government last year with a mandate to repeal the carbon tax, which has caused an estimated $15 billion in economic impact in its first two years of implementation, according to government estimates.

Nations continue to push back against onerous carbon legislation and renewable mandates that exacerbate energy inequality, raise electricity costs and reduce economic growth.  Europe's renewable strategy is being pared back, the continent is threatened by Russia's energy security challenge, nations such as Japan are using significantly more coal, and multiple nations lead the world in economic growth using coal-fueled electricity.

Peabody believes that U.S. leaders can learn valuable lessons in rejecting defacto carbon taxes and onerous renewable standards. The U.S. Chamber of Commerce estimates that the Administration's proposed U.S. carbon regulations would cost the economy $50 billion per year.

The proposed rules would significantly increase power prices, costing each American household thousands of dollars over time. A Heritage Foundation study reports the cost to an average family of four at $1,200 per year of lower income and spending power. Low-cost electricity is essential at a time when a record 115 million Americans qualify for energy assistance and 48 million live in energy poverty.

Coal fuels the lowest cost electricity in the United States: The states that don't use coal wrestle with electricity costs that are nearly twice as much as the states that predominantly use coal for electricity. Coal is the world's fastest-growing major fuel set to surpass oil as the world's largest global energy source in coming years.

Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining, energy access and clean coal solutions. For further information, visit PeabodyEnergy.com and AdvancedEnergyForLife.com.

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CONTACT:
Beth Sutton
+1-928-699-8243




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