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GCCSI opens Beijing office
04 March 2013The Global Carbon Capture and Storage Institute (GCCSI) has opened an office in China and signed a memorandum of understanding with one of the country's biggest oil and gas companies.
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South Africa's updated carbon tax plan 'firmer' despite delay
01 March 2013South Africa has delayed introducing a carbon tax until 2015, but the publication of more detailed plans for the measure has fuelled hopes that it will be implemented.
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Continental bows to investor pressure on gas flaring
01 March 2013Continental Resources, one of the largest oil producers in North Dakota's Bakken region, has committed to reduce natural gas flaring from its well sites to "as close to zero percent flaring as possible".
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Dong targets 40% reduction in offshore wind costs
01 March 2013Offshore wind farms brought into service in 2020 should be able to sell power into the UK market at €100 ($130)/MWh, a 40% lower cost than at present, Dong Energy has said.
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Aluminium Stewardship Initiative recruits new members
28 February 2013Car makers Audi and BMW, packaging firm Rexam and Norwegian metal producer Hydro have signed up to the Aluminium Stewardship Initiative (ASI).
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'Alarm bells need to ring' on Europe's slow CCS progress – EC energy head
28 February 2013The slow development of carbon capture and storage (CCS) plants in Europe should cause "alarm bells to ring", as the region's dependence on fossil fuels is growing, the European Commission's head of energy has said.
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EIB hit by hoax claims it is to stop funding coal
28 February 2013The European Investment Bank (EIB) was the victim of a prank yesterday, when a coalition of NGOs released a fake press release announcing that the bank was to stop funding coal-fired power plants.
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No price premium for Kexim green bond – SEB
28 February 2013Korea's Export-Import Bank has raised a $500 million green bond – but one of the bankers arranging the transaction has denied that it was able to cut its funding costs by going green.
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EU must incentivise renewables 'without subsidies' – Lowe
28 February 2013The EU's energy and climate change policies have failed to incentivise investments in renewable energy without subsidies, the European Commission's most senior energy policy-maker said, adding that the current level of support for renewables is "shocking".
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UK carbon reporting regulation seen tabled after Easter
27 February 2013The UK's regulation introducing mandatory carbon reporting is unlikely to be tabled before Parliament until late April, rather than in March, as some observers were expecting.