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Standard to aid companies on climate reporting
28 May 2009Corporations wanting to report data relevant to climate change now have a standard procedure to follow, with the launch of a draft framework by the Climate Disclosure Standards Board (CDSB) this week.
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IEA confirms renewables recession woes
28 May 2009Investments in renewable energy are expected to drop 38% in 2009 thanks in part to the financial crisis, according to a report from the International Energy Agency (IEA) for the G8 energy ministers' meeting in Rome this week.
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Signet Solar gets module cover from Munich Re and Marsh
28 May 2009Insurance broker Marsh and Munich Re are insuring Signet Solar's photovoltaic (PV) modules against deterioration in performance, through what they claim is a first-of-its-kind policy.
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Brazil boosts biodiesel blending requirement to 4%
27 May 2009Biodiesel producers in Brazil cheered the government's decision last week to increase the compulsory biodiesel blend from 3% (B3) to 4% of diesel fuel, beginning on 1 July.
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Investors call for stronger carbon market
21 May 2009An alliance of institutional investors managing €4 trillion in assets has called for carbon markets to be strengthened and broadened – but is also calling for alternative policies to attract climate-related investments in developing countries.
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Waxman moves House closer to Senate on renewables
21 May 2009The loosening of renewable energy targets in the proposed US House of Representatives climate and energy bill brings its provisions closer to Senate renewables proposals – making federal targets more likely, say observers.
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Faulty turbines deepen losses at Clipper Windpower
21 May 2009Losses widened to $313.3 million at Clipper Windpower in 2008, as the wind turbine maker was forced to spend $300 million over two years fixing faults.
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Energy chiefs bullish on renewable support
21 May 2009Senior executives in the energy industry predict that subsidies for renewable energy will increase during the next year, despite economic troubles that have plagued the globe, according to a KPMG mergers and acquisitions (M&A) report.
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Biopetrol chief slams German government for bringing biodiesel sector low
20 May 2009The chief executive of biodiesel producer Biopetrol Industries launched a stinging attack on Germany's politicians – including the Chancellor Angela Merkel – for almost destroying the country's biodiesel sector through double standards, egoism, bowing to special interests and politicking.
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EU, US renewables growth outstrips conventional sources
14 May 2009More renewable energy than conventional power capacity was added in both the EU and the US for the first time in 2008, according to the annual report from stakeholder group REN21.