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Commission's environment, energy picks please MEPs
14 January 2010The transition to a sustainable economy must be at the heart of all EU policies, said EU environment commissioner-designate Janez Potočnik during a three-hour grilling yesterday by the European Parliament's environment committee.
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Financing questions for UK's gargantuan offshore wind plan
14 January 2010A potential 32GW of offshore wind capacity could be developed in the UK after the government granted rights to nine coastal zones – but questions remain over how these projects will be financed.
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US government awards $2.3bn for clean energy manufacturing
14 January 2010US federal agencies have awarded $2.3 billion in tax credits for clean energy manufacturing projects in a move designed to spur a major push in renewable energy development.
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Beetle Capital plans fixed income 'natural capital' product
14 January 2010A new asset manager established by a founder of Climate Change Capital is planning a fixed income fund as its first sustainable investment product pursuing a "natural capital" theme.
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Renewables targets, 'Green Bank' likely if cap and trade fails
14 January 2010If climate legislation stalls in the US Congress this year, lawmakers will likely move forward with an energy bill that includes a federal renewable portfolio standard (RPS) and a 'Green Bank' to help finance renewable energy projects, according to law firm Van Ness Feldman's 2010 outlook.
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Proposed ISO criteria get cool response from bioenergy sector
14 January 2010European bioenergy organisations have expressed concerns about plans by the International Organization for Standardization (ISO) for a new standard to address sustainability issues linked to bioenergy.
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Climate change worsening natural catastrophe rate – Munich Re
07 January 2010Losses from natural catastrophes were dramatically lower in 2009 than the previous year, owing mainly to a benign North American hurricane season, according to Munich Re.
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Invest in wind stocks, avoid solar, says Jefferies
07 January 2010Investors should avoid the solar sector in the early part of this year, according to equity analysts at investment bank Jefferies International, but wind energy companies may be a good bet as orders are expected to surge.
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Almost half of asset managers ignoring climate – Ceres
07 January 2010An alarmingly high number of asset managers are ignoring the risks posed by climate change in thir investment decision-making, according to a reportt by Ceres.
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Copenhagen likely to slow low-carbon investment – investors
07 January 2010The disappointing outcome of the Copenhagen talks last month is likely to discourage some investors from committing to low-carbon investments, leading investors have conceded – despite likely progress on national and regional efforts to promote alternative energy technologies.