Archive

  • REG to issue $125m of convertibles ahead of biorefinery purchase

    29 May 2014

    Biodiesel producer Renewable Energy Group is to sell $125 million of five-year convertible loan notes to help fund the purchase of a refinery.

  • Are stock exchanges the key to sustainability reporting?

    29 May 2014

    Stock exchanges are proving increasingly influential in the debate around ESG disclosure. Sophie Robinson-Tillett looks at the recent progress made by the sustainable stock exchange movement and the challenges ahead

  • Shell considers 'stranded assets' risk when screening projects

    29 May 2014

    The possibility that certain oil and gas assets may become 'stranded' as a result of government regulations to combat climate change is included in contingency plans when Royal Dutch Shell assesses potential new projects, a company spokesman said.

  • AMP responsible funds exclude firms with material exposure to fossil fuels

    29 May 2014

    Australian investment giant AMP Capital has formally excluded companies with high "material exposure" to fossil fuels from its Responsible Investment Leaders (RIL) funds.

  • Volumes and prices fall in voluntary carbon market

    29 May 2014

    The volume of offset credits traded in the voluntary carbon market fell sharply in 2013 to around 76Mt of carbon dioxide from almost 103Mt in 2012, although the decline is exaggerated by several one-off factors, according to a new survey.

  • Hannon Armstrong inks $107m renewables land and lease deals

    28 May 2014

    Sustainable infrastructure investor Hannon Armstrong has bought a $107 million portfolio of land and payments from land leases underlying solar and wind projects.

  • John Kerry announces US backing for $134m of Althelia forestry loans

    28 May 2014

    US government guarantees will enable the Althelia Climate Fund to offer $133.8 million in commercial loans to forest conservation projects in developing countries, US Secretary of State John Kerry told the Carbon Expo conference in Cologne.

  • Modest rise in EU carbon price by 2020 forecast by industry

    28 May 2014

    The average price of carbon allowances in the EU Emissions Trading System between 2013 and 2020 is expected to be about €8 ($11), according to a survey of market participants.

  • Carbon markets now worth $30bn, says World Bank

    28 May 2014

    The world's emissions trading systems, for reducing emissions of greenhouse gases, are now worth about $30 billion, following the launch of eight new markets in 2013, the World Bank says.

  • Solar giants team up on new factory

    27 May 2014

    Renewables heavyweights Canadian Solar and GCL-Poly Energy Holdings have entered into a joint venture to construct a solar cell factory in China.