News

• Rand Paul fails to bring down US emissions markets

  14 November 2011

  An attempt to bar the US Environmental Protection Agency (EPA) from implementing its Cross-State Air Pollution Rule (CSAPR) quickly collapsed in the US Senate.

• Sarasin launches sustainable corporate bond fund

  14 November 2011

  Bank Sarasin is this week to begin marketing its first sustainable corporate bond fund, amid growing institutional interest in sustainable fixed income and real estate offerings.

• Drop renewables targets, use emissions trading, says Eurelectric

  11 November 2011

  The EU Emissions Trading System (ETS) must be the long-term driver for renewable energy in the European Union, according to electricity industry experts.

• US to investigate Chinese solar imports

  11 November 2011

  The US Commerce Department has decided to take up a complaint by domestic solar equipment manufacturers accusing the Chinese solar sector of unfair trade practices.

• Onshore wind farms seen cost-competitive by 2016

  10 November 2011

  Falling costs mean that the average onshore wind farm will be competitive with natural gas-fired power generation by 2016, according to Bloomberg New Energy Finance (BNEF).

• Pew Center renamed as main supporter quits

  10 November 2011

  The Pew Center on Global Climate Change has lost the backing of its main sponsor, Pew Charitable Trusts, and has renamed itself while seeking a broader base of financial supporters.

• GRI launches sustainability disclosure database

  10 November 2011

  The Global Reporting Initiative (GRI) has launched an online database to allow users to analyse the degree to which companies report on sustainability indicators.

• ADB proposes market in 'fuel security' credits

  10 November 2011

  The Asian Development Bank (ADB) is studying several new market mechanisms to help promote sustainable transport in the region – and one of the front runners is a possible market in 'fuel security' credits.

• Australia's carbon market gears up after Senate vote

  09 November 2011

  The passage by the Australian Senate of carbon pricing legislation on Tuesday marks the creation of the second largest carbon market after the EU's and gives a fillip to the international climate talks.

• Equator Principles begins drafting third iteration

  09 November 2011

  The Equator Principles Association has begun compiling its second major revision to the eponymous guidelines for managing environmental and social risks in project finance.