News

• Environmental insurers ready for CCS

  27 April 2012

  The environmental insurance industry says it is ready to handle the risks associated with carbon capture and sequestration (CCS) – once the technology finally takes off.

• UK to investigate renewables trading

  26 April 2012

  The UK government is looking at joint financing of renewable energy projects or trading with other EU countries to help meet its renewable energy targets.

• Court sides with insurance industry in global warming lawsuit

  26 April 2012

  The Virginia Supreme Court has reaffirmed that an insurer does not have to defend its energy client against a global warming emissions case, in a decision favourable to the insurance industry, but baffling to some legal experts.

• Slow going for renewables M&A

  26 April 2012

  Low natural gas prices have hampered deals for renewable energy companies, contributing to a steep decline in mergers and acquisition activity in the North American power sector in the first quarter of 2012, according to consultancy PwC.

• Rio+20 to bring investment opportunities – Citigroup

  26 April 2012

  The Rio+20 sustainability conference is likely to generate opportunities for investors because of an increasing focus on sustainability and public scrutiny on climate policies, according to Citigroup.

• UK chooses managers for £80m waste funding

  25 April 2012

  The UK has selected two managers to oversee £80 million ($129 million) of investment into small-scale waste infrastructure, ahead of the official launch of its Green Investment Bank (GIB).

• Wells Fargo to invest $30bn in green economy

  25 April 2012

  US bank Wells Fargo is deepening its commitment to clean investment, pledging $30 billion in loans and investments for renewable energy and other clean initiatives through 2020.

• Utility execs expect grid parity for renewables by 2030 – survey

  25 April 2012

  Renewable energy generation will not need subsidies by 2030, but the sector still faces a host of challenges to its growth over the next decade, according to a global survey of power and utility executives conducted by consultancy PwC.

• Coca-Cola wins poll for CR reporting

  24 April 2012

  Coca-Cola Enterprises has won the award for best Corporate Responsibility Report produced in 2010-2011, in the annual poll organised by CorporateRegister.com.

• EIB issues $148m climate bond

  24 April 2012

  The European Investment Bank (EIB) has issued a SEK (Swedish krona) 1 billion ($148 million) 'green' bond, in participation with two new underwriters.