News

  • Green groups to sue Ex-Im Bank over Aussie LNG projects

    03 August 2012

    Three conservation groups have started a legal challenge to the US Export-Import Bank's nearly $3 billion in financing for two liquefied natural gas (LNG) facilities in Australia's Great Barrier Reef.

  • RenRe's weather business returns to profit

    03 August 2012

    RenaissanceRe's weather and energy risk management business has made a quarterly profit for the first time in a year, thanks to the unusually hot weather in North America and a cool spring in the UK.

  • Bill to end loan guarantees passes House committee

    02 August 2012

    A key US House of Representatives committee adopted a bill to ban future loan guarantees after a string of bankruptcies among government-supported renewable energy projects.

  • Investors in the dark on oil drilling risks

    02 August 2012

    Oil and gas companies are doing a terrible job of disclosing climate and deepwater drilling risks, even in light of the tragic Gulf of Mexico oil spill, according to a new report.

  • Borrego Solar raises $64.4m PV fund

    02 August 2012

    Borrego Solar Systems has created its largest fund to finance solar energy projects.

  • Alliance Trust snags Aviva SRI team, assets

    02 August 2012

    The remainder of Aviva Investors' sustainable and responsible investment (SRI) team is to move to Alliance Trust Investment, which has struck an investment-advisory agreement to manage the insurance giant's £1.2 billion ($1.9 billion) in SRI funds.

  • NGOs seek Sakhalin compensation from Shell, UK banks

    01 August 2012

    Three environmental groups have called on UK banks Barclays, RBS and Standard Chartered to compensate Sakhalin residents for pollution caused by a large oil and gas project that they helped finance.

  • EU ETS 'backloading' plan buys time for Phase IV battle – Shell

    01 August 2012

    Proposals to shore up the carbon price in the EU Emissions Trading System (ETS) will buy the European Commission five years to deepen emission reduction targets, according to David Hone, senior climate change adviser to oil giant Shell.

  • Western Wind forced into early sale

    31 July 2012

    Renewable energy developer Western Wind Energy is being forced to put itself up for sale sooner than expected because of the objections of a group of dissident shareholders.

  • Climate performance of 3,000 suppliers to be assessed

    31 July 2012

    FirstCarbon Solutions is to score around 3,000 companies on their climate change disclosure and performance, in an extension of its collaboration with the Carbon Disclosure Project (CDP).