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Fossil fuel-heavy stock market a risk to investors – report
11 July 2011The world's stock markets are over-exposed to fossil fuels, putting investors at risk of a 'carbon bubble', according to a report by research group Carbon Tracker Initiative which calls for an overhaul of the way capital markets value risk.
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Smart grid firm seeks $150m in IPO
11 July 2011Silver Spring Networks, a Californian firm that sells smart grid platforms to utilities, is seeking to raise up to $150 million in a listing on the New York Stock Exchange.
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Australia puts A$3.2bn behind renewables body
08 July 2011The Australian government will commit A$3.2 billion (US$3.4 billion) to create an agency to support renewable energy development.
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Triodos Renewables launches £15m share issue
08 July 2011Triodos Renewables is seeking to raise £15 million ($24 million) from retail investors to invest in wind energy projects in the UK.
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AfriRen taps West Africa rubber with €30m biomass fund
07 July 2011Africa Renewables (AfriRen) is raising a €30 million ($43 million) fund to develop projects in West Africa that will supply biomass to power plants in Europe.
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Neste advocates biofuels targets for airlines
07 July 2011A mandate that requires airlines to use biofuels would help speed large-scale adoption of renewable aviation fuels, according to a Neste Oil executive.
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Equity markets betting that EU climate targets unaffordable – analyst
07 July 2011The equity markets no longer believe that EU governments are going to allow utilities to recoup the investments needed to meet the bloc's climate change objectives, threatening the 2030 targets, according to a leading utilities analyst.
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New CEO, investment for Trucost
07 July 2011Environmental data firm Trucost has announced a new chief executive and an additional £1.4 million ($2.2 million) investment.
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Q2 clean-tech VC investment drops by a third
07 July 2011Venture capital (VC) investment in the clean-tech market dropped by a third as investors focused on modest-sized deals in sectors such as energy efficiency in the second quarter, said US research company the Cleantech Group.
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EU Parliament rejects 30% cut in carbon emissions
07 July 2011The European Parliament has voted against increasing the EU's greenhouse gas emissions reduction target to 30% by 2020, from 1990 levels, as called for in a report by Green MEP Bas Eickhout.