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Climate action delay could cost $8 trillion, warns Mercer
17 February 2011The economic cost of carbon emissions over the next 20 years could amount to $8 trillion, according to a study by investment consultants Mercer.
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LED group targets $150m IPO
17 February 2011Florida-based Lighting Science Group aims to raise $150 million in an initial public offering (IPO).
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Private capital 'urgently needed to reach biodiversity goals'
16 February 2011A rapid increase in private finance for biodiversity protection is needed if the EU is to achieve its recently watered-down goal of halting biodiversity loss by 2020, according to a report by Climate Change Capital and Economics for the Environment Consultancy (eftec). The previous, missed, goal, set in 2006, was to halt biodiversity loss by 2010.
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S&P to integrate climate risk into credit ratings
16 February 2011Standard & Poor's (S&P) is to routinely including an assessment of climate risk into its corporate credit ratings across all industrial sectors, in anticipation of when climate policy begins to "bite hard" in the next few years.
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Acting on its principles
14 February 2011Emerging markets private equity fund Actis is placing ESG analysis and risk management at the heart of its investment processes – and is hoping to put a financial number on its effects. Mark Nicholls reports
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Geothermal power must address drilling, resource risks - financiers
11 February 2011Renewable energy financiers are bullish on the geothermal sector, but resource and drilling risks still make them skittish.
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Wind sector to benefit from UK FIT review
11 February 2011UK investor attention will increasingly turn back to onshore wind, with the government's recently announced feed-in tariff review sparking market uncertainty and pushing some investors to dump their solar development plans.
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Republicans seek to gut US renewables loans
10 February 2011Republicans in the US House of Representatives have proposed gutting popular government programmes that have eased financing of renewable energy projects.
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Clean energy standard to fail in US Congress, predicts MidAmerican
10 February 2011The odds are against passage of a US federal clean energy standard (CES) and against legislation to prevent the so-called regulatory train wreck, according to utility MidAmerican Energy.
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MGM casinos: House wins with sustainability policy
10 February 2011With its bright lights that can be seen for miles, Las Vegas isn't the first US city that comes to mind when thinking about energy conservation and sustainability. But casino owner MGM Resorts International is changing that perception, to great financial and environmental results.