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Anglesey Aluminium moves to build £600m biomass power plant
23 September 2009One of the UK's largest single electricity users – Anglesey Aluminium Metals – has applied to the government for permission to build a 300MW biomass-fired power station to stave off final closure.
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US ecosystem markets to use Markit registry
17 September 2009Two US initiatives that will create markets out of services provided by ecosystems have appointed Markit, a financial services firm, to provide a registry for their credits.
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EU to press US on climate
17 September 2009The US must show greater leadership on climate change and follow the example of Japan, which recently agreed to slash emissions by 25% by 2020, according to the Swedish EU presidency.
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$13 trillion backs investor call for climate action
17 September 2009Investors managing $13 trillion in assets yesterday called for an international climate treaty to "catalyse massive global investments" in low-carbon technologies.
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China's green-tech market could reach $1 trillion by 2013 – report
17 September 2009China's 'green technology' market has the potential to grow to $1 trillion and make up 15% of GDP by 2013, according to a report by the China Greentech Initiative.
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Leaf Clean Energy reaches $243m of investments
16 September 2009Investment company Leaf Clean Energy said that it is now largely fully invested or committed to investing, with $243m in 11 businesses, including biofuel and biomass power companies.
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Impax launches Asian environmental fund
10 September 2009UK-based investment manager Impax Asset Management is to list an investment trust focused on environmental companies in the Asia-Pacific region.
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France unveils carbon dioxide tax
10 September 2009The French government will next year introduce a carbon tax of €17 ($25) per tonne of carbon dioxide (tCO2) emitted, President Nicholas Sarkozy announced today.
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EU reveals financing proposal for Copenhagen summit
10 September 2009The EU is willing to pay an annual contribution of up to €15 billion ($22 billion) by 2020 to help developing countries fight climate change, according to a European Commission proposal.
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Clean-tech 'carnage not over' – Intel Capital
10 September 2009Valuations for venture-stage clean-technology companies have further to fall, according to one of the heads of Intel Capital, who expects to invest less in the sector in 2009 than in either of the previous two years.