News

• NGOs call out 'climate killer' banks

  01 December 2011

  A group of NGOs has named JPMorgan Chase, Citi and Bank of America the top three "climate killer" banks because of their financing of coal mining and coal-fired power generation.

• Solar spat threatens US-China trade war

  30 November 2011

  China is hitting back at the US by launching its own probe into the US government's support for renewable energy. This comes just weeks after US federal officials announced they would investigate a complaint by domestic solar companies accusing the Chinese solar sector of unfair trade practices.

• Does private finance support climate change adaptation?

  29 November 2011

  The Stockholm Environment Institute (SEI) has raised doubts about the efficiency of using private finance to fund climate change adaptation in developing countries.

• Marsh eyes opportunities in renewables and clean-tech

  29 November 2011

  Booming investment in renewable energy has led insurance broker and risk advisor Marsh to form a renewable power and clean-tech practice.

• Renewables investors 'confused' about weather risk

  29 November 2011

  Many renewable energy investors and developers are confused about mitigating the effects of weather on plant performance, according to study by Swiss Re and the Economist Intelligence Unit.

• NYSE, BNEF ignore dismal performance to launch new renewables indexes

  29 November 2011

  NYSE Euronext has launched the first of a family of clean energy equity indexes, which it claims will help investors make more targeted investments in the sector.

• EU, US spell out climate finance flows as Durban floods

  28 November 2011

  Representatives from the EU and the US have quantified the amounts pledged to developing countries in climate finance as the two-week Conference of the Parties (COP) to the UN climate convention in Durban got off to a damp start.

• Industrial air pollution costs Europe €169bn

  25 November 2011

  Air pollution from the 10,000 largest polluting facilities in Europe cost citizens between €102 billion and €169 billion ($137 billion-$226 billion) in 2009, according to the European Environment Agency (EEA).

• Booming biomass demands harmonised sustainability standards – Eurelectric

  24 November 2011

  The EU may need to double its primary biomass supply by 2020 if member states are to meet their renewable energy targets, according to Eurelectric, the trade association for Europe's electricity industry. This will require substantial imports and harmonised criteria on what constitutes sustainable biomass, the association says.

• Meteor eyes £50m for clean energy and carbon fund

  24 November 2011

  Meteor Asset Management has set an initial target of £50 million ($77 million) for its Clean Energy Fund, which will invest mostly in energy projects in developing countries that also generate carbon or other offset credits.