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Banks lag on sustainability – Sarasin
01 December 2006Most international banks are making middling efforts on sustainability, according to a Bank Sarasin study, with only HBOS making the highest grade.
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UK turns again on environmental reporting
01 December 2006UK businesses will have to report on their environmental impacts after a second government u-turn.
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Carbon Trust rethinking low-carbon VC fund
01 December 2006The UK's Carbon Trust has gone back to the drawing board with its plans for a venture capital (VC) fund to invest in the low-carbon and clean energy technology sectors. The trust had hoped to raise up to £75 million ($147 million) into its Carbon Trust Investments Clean Energy Fund, which it planned to list on the London Stock Exchange's Alternative Investment Market (AIM), but the listing was pulled in late October.
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International Power breezes into renewables
01 December 2006Electricity generator International Power is to acquire wind farms with total generating capacity of 436MW from UK-based money manager Christofferson Robb & Company (CRC).
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The economics of risk
01 December 2006The Stern review has energised the climate change debate – and attracted extensive criticism. Nicholas Stern defends its findings
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Commission to the rescue of EU ETS
01 December 2006Doubts over the future of the EU Emissions Trading Scheme (ETS) have eased, after the European Commission slashed proposed carbon dioxide (CO2) caps for its second phase.
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Expansion on the cards for EU ETS
01 December 2006Areview of the future of the EU Emissions Trading Scheme (ETS) is to consider expanding the scheme to include additional sectors and greenhouse gases. It is also considering replacing the current system of country-by-country caps on emissions with a single, Europe-wide cap.
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France proposes carbon import tax
01 December 2006The EU should impose an additional tax on goods imported from countries that fail to join a post-2012 climate agreement, according to French prime minister Dominique de Villepin.
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Best in show
01 December 2006Companies pre-eminent in disclosing climate-sensitive information are rewarded with a place in the Climate Leadership Index. Christopher Cundy speaks to the leaders and asks what the accolade brings to their businesses
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The drama unfolds
01 December 2006It's been a dramatic few weeks or so, in the debate around climate change in general, and emissions trading in particular. The period began, on 30 October, with the much-anticipated release of the Stern Review. This 575-page report, commissioned by the UK Treasury and written by a former World Bank chief economist, has transformed the debate about the economics of climate change.