Archive

  • IMO proposes ship emissions offset scheme, eyes CDM

    01 May 2008

    The International Maritime Organisation (IMO) is to consider using an emissions trading scheme (ETS) to control the greenhouse gases produced from shipping, as well as an offset scheme which would tap into the Kyoto Protocol's Clean Development Mechanism (CDM).

  • RAN slams Citi, BoA on coal financing

    01 May 2008

    Despite big-number climate change commitments, Citi and Bank of America are continuing to bankroll the coal sector, acc­ording to a report by the Rainforest Action Network (RAN).

  • Babcock & Brown pitches 2.2GW of wind assets.

    01 May 2008

    Babcock & Brown Wind (BBW) Partners has put up for sale 2.2GW of European wind energy assets, and has appointed Deutsche Bank and JP Morgan to advise on the disposal of some or all of the portfolio.

  • Electricity users, generators at odds over ETS

    01 May 2008

    The International Federation of Industrial Energy Consumers (IFIEC) is calling for an overhaul of the EU Emissions Trading Scheme (ETS), moving away from auctions of allowances towards free allocations based on a system of 'benchmarking' – a proposal slammed by generators.

  • solar index launched

    01 May 2008

    MAC Indexing has launched an index to track global solar energy stocks.

  • People moves this month

    01 May 2008

    ANDREI MARCU, former president and chief executive of the Inter­national Emiss­ions Trading Assoc­iation (IETA), has been appointed CEO of Paris-based carbon trading exchange Bluenext. Marcu spent seven years heading IETA and announced last July he was to join the World Business Council for Sus­tainable Development as senior managing director of energy and climate. Prior to IETA, he worked at the UN Development Programme and Ontario Hydro. Bluenext is Europe's leading spot market for EU allowances and is jointly owned by NYSE Euronext and Caisse des Dépôts.

  • ANZ to follow SAM

    01 May 2008

    Australia and New Zealand Banking Group (ANZ) has launched a wholesale, capital-protected investment trust focusing on climate change.

  • Global food crisis threatens EU biofuels target

    01 May 2008

    The European Commission's target to use 10% biofuels in petrol and diesel by 2020 has come under pressure from rocketing food prices and shortages in developing countries.

  • Environmental liabilities go to market

    01 May 2008

    Greg Rogers considers how market-based valuation of environmental liabilities will begin to impact business mergers and acquisitions

  • Building the investment case

    01 May 2008

    A new report from IUCN and Shell calls for the creation of a 'biodiversity business facility' to help build a market – and the more active participation of the environmental finance community, says Francis Vorheis