News

  • Aluminium Stewardship Initiative recruits new members

    28 February 2013

    Car makers Audi and BMW, packaging firm Rexam and Norwegian metal producer Hydro have signed up to the Aluminium Stewardship Initiative (ASI).

  • 'Alarm bells need to ring' on Europe's slow CCS progress – EC energy head

    28 February 2013

    The slow development of carbon capture and storage (CCS) plants in Europe should cause "alarm bells to ring", as the region's dependence on fossil fuels is growing, the European Commission's head of energy has said.

  • EIB hit by hoax claims it is to stop funding coal

    28 February 2013

    The European Investment Bank (EIB) was the victim of a prank yesterday, when a coalition of NGOs released a fake press release announcing that the bank was to stop funding coal-fired power plants.

  • No price premium for Kexim green bond – SEB

    28 February 2013

    Korea's Export-Import Bank has raised a $500 million green bond – but one of the bankers arranging the transaction has denied that it was able to cut its funding costs by going green.

  • EU must incentivise renewables 'without subsidies' – Lowe

    28 February 2013

    The EU's energy and climate change policies have failed to incentivise investments in renewable energy without subsidies, the European Commission's most senior energy policy-maker said, adding that the current level of support for renewables is "shocking".

  • UK carbon reporting regulation seen tabled after Easter

    27 February 2013

    The UK's regulation introducing mandatory carbon reporting is unlikely to be tabled before Parliament until late April, rather than in March, as some observers were expecting.

  • Backloading plans clear first hurdle, but suffer further delays

    27 February 2013

    Plans to boost prices in the EU's struggling carbon market may be delayed by a further two months after a European Parliament vote to fast-track the initiative was cancelled.

  • Biofuels fraudster sentenced to 12 years

    26 February 2013

    The man at the centre of a $9 million fraud involving US biofuel credits has been sentenced to 12 years in prison.

  • EU wind grows, but 2020 goal threatened – report

    26 February 2013

    Wind power capacity in the EU grew by 12.3% in 2012, but prospects for growth for this year and next are "much gloomier", meaning the region could fail to meet its 2020 renewables, EurObserver has warned.

  • Japan climbs in renewables attractiveness index, top markets challenged – E&Y

    26 February 2013

    Policy uncertainty has put the top spots for renewable energy investments under pressure, while Japan has climbed closer to the top because of its attractive feed-in tariffs, according to Ernst & Young.