News

  • Cap and trade scrapped in UK energy efficiency scheme

    30 June 2011

    UK businesses will be able to buy an unlimited number of carbon credits at a fixed price under a simplification of the UK's CRC energy efficiency scheme announced today.

  • US economy could gain $155bn from clean energy innovation – Google

    30 June 2011

    Aggressive innovation in clean energy technologies could provide a $155 billion annual boost to the US economy, and help it meet its environmental and national security goals. But delays could be extremely costly, according to a report by the philanthropic arm of Google.

  • Fears grow over Commission's ability to support emissions trading

    30 June 2011

    There are growing concerns that the European Commission is either unwilling or unable to support a robust carbon market – risking low and volatile carbon prices, or at worse the complete collapse of the market.

  • OPIC pours $500m into 'renewable resources' funds

    30 June 2011

    The US Overseas Private Investment Corporation (OPIC) has approved $500 million in financing for five funds investing in the renewable energy and agriculture sectors in developing countries.

  • One-fifth of EU budget earmarked for tackling climate change

    30 June 2011

    Environmental policy and climate change action will be "mainstreamed" into all areas of the EU budget from 2014, the European Commission announced late on Wednesday night, with climate-related expenditure making up at least 20% of EU financing.

  • Energy efficiency firm in $115m IPO

    30 June 2011

    In the latest sign of growing confidence in green-themed initial public offerings (IPOs), US energy efficiency company Aspen Aerogels plans to tap the stock market for up to $115 million.

  • UK emissions up 3%, risks missing targets

    30 June 2011

    The UK is cutting carbon emissions too slowly to meet its own targets, according to a report by the independent Climate Change Committee (CCC).

  • Nespresso on track with sustainability goals

    30 June 2011

    Coffee firm Nespresso says it is on track to reduce its carbon emissions by 20% from 2009 levels and to recycle the bulk of its coffee machine capsules by 2013.

  • First Solar to win two more loan guarantees - analyst

    28 June 2011

    Developer First Solar will likely receive two out of the three remaining loan guarantees it is seeking from the US government, according to a Collins Stewart research note.

  • France ploughs €1bn into nuclear, UK confirms reactor spots

    28 June 2011

    France will invest €1 billion ($1.4billion) in its nuclear power programme, bucking the post-Fukushima trend away from nuclear energy.