News

• UK urged to convert nuclear stockpile into economic opportunity

  31 March 2011

  The UK should turn its stockpiles of spent nuclear fuel into a £10 billion ($16 billion) economic opportunity, according to a report from the Smith School of Enterprise and Environment.

• Invest before lights turned out on US renewables subsidies – BNEF

  31 March 2011

  Renewable energy financing will continue to recover this year, but project developers should take advantage of incentives offered by the US federal government while they still can, according to a Bloomberg New Energy Finance (BNEF) analyst.

• Investors give thumbs up for NEST ESG commitment

  31 March 2011

  The UK's national pension scheme is to integrate environmental, social and governance (ESG) analysis across all its asset classes, and has signed up to the UN-backed Principles of Responsible Investment (PRI), winning plaudits from sustainable investment groups.

• US clean-tech finance boutique expands into Europe

  31 March 2011

  Greentech Capital Advisors has opened a European office and announced the hire of a senior executive from nuclear power firm Areva.

• Nuclear sector's diversification into renewables to speed up?

  31 March 2011

  Nuclear power companies could hasten acquisitions in the renewables sector in response to the Fukushima disaster, says consultancy PwC.

• US nuclear faces fight over loan guarantees

  31 March 2011

  US nuclear opponents are gearing up for a fight to stop nuclear power stations from receiving federal loan guarantees in light of the feared meltdown in Japan.

• EU proposes 60% transport emission cut; not tough enough for greens

  31 March 2011

  The European Commission plans to slash 60% from the EU's transport emissions by 2050, compared to 1990 levels, but environmental lobbyists said the proposal lacks ambition.

• Financiers, NGOs aid Chinese cities in low-carbon pilot projects

  31 March 2011

  China's local governments, NGOs, businesses and financiers are to collaborate on scaling-up green technologies and low-carbon financing models, under an initiative launched by the Climate Group on Monday.

• Pension fund cuts environmental impact and outperforms benchmark

  31 March 2011

  The UK Environmental Agency's £1.6 billion ($2.6 billion) pension fund has reduced its environmental footprint while boosting performance, its manager reported this week.

• Tepco disaster to hit Asian sustainability investors

  31 March 2011

  Sustainability investors are to be caught in the fall-out from Japan's nuclear disaster, after it emerged that the company responsible is a component of a leading sustainability index family.