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Clean energy grows, but solar revenues dip
17 March 2010Combined global revenues for wind power, biofuels and solar photovoltaics (PV) grew 11.4% last year, to reach $139.1 billion, according to Clean Edge's annual report on clean energy trends.
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Investor groups call for more transparency from oil & gas sector
17 March 2010Oil and gas companies need to provide investors with better information on how they are managing climate change risks, according to three leading institutional investor groups.
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Bureaucracy holding up DOE renewables cash – GAO
11 March 2010The US Department of Energy (DOE) is encountering numerous obstacles to releasing funds for clean energy projects from last year's economic stimulus package, including federally-mandated environmental reviews and monthly reporting requirements.
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Ex-Im votes on carbon blueprint, slammed by NGOs
11 March 2010The US Export-Import (Ex-Im) Bank has developed a more detailed implementation plan for its carbon policy – but environment groups slammed the plan, which was distributed to stakeholders but has not been publicly released.
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Stern backs $100bn IMF climate fund plan
11 March 2010A climate fund proposed by the International Monetary Fund (IMF) to raise $100 billion a year by 2020 has won support from climate change economics guru Nicholas Stern.
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Wind industry calls for US RES, as first project guaranteed
11 March 2010The economic stimulus package has provided valuable support for the US wind energy sector, but a national renewable electricity standard (RES) is the policy tenet most critical to the industry's development, project sponsors said.
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Plans hatched to build renewables 'super grid'
11 March 2010Europe will not meet its targets on renewable energy without building a massive 'super grid' to connect offshore wind and solar farms, said a lobby group this week.
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European investors see IPO markets opening
11 March 2010Most European investors expect to see an increasing number of clean technology companies floated over the next 18 months, according to a survey by investor communications firm Carbon International.
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Intervention in EU ETS needed to spur investment – MP
11 March 2010EU governments should intervene in the bloc's flagship emissions trading scheme (ETS) to drive prices high enough to spur low-carbon investments, said a UK Member of Parliament (MP).
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Pension funds to study climate impacts on assets
11 March 2010Concerned that climate change will impact their long-term returns, 14 institutional investors and consultancy Mercer are to research how different climate scenarios could affect their assets.