News

• EU carbon price 'should be €40-60t'

  13 September 2011

  Carbon allowances should cost at least €40 ($54.57) each, according to the long-term fundamentals of the EU Emissions Trading System (ETS), says analysis firm Bloomberg New Energy Finance (BNEF).

• Economic 'permafrost' to hit climate economy – HSBC

  12 September 2011

  Emerging markets will increasingly take the lead in the climate economy, as the global economy enters an era of "economic permafrost", according to HSBC.

• Revamp reporting to avoid next crisis – King

  12 September 2011

  Better reporting by companies will help avert systemic risks such as climate change and the banking crisis, according to Mervyn King.

• Key solar markets hit by falling demand

  09 September 2011

  Conditions in the solar sector are deteriorating because of slack demand in key European markets, advisory and research firm Collins Stewart warned.

• Ex-SocGen duo keep crown in Extel/UKSIF survey

  09 September 2011

  The former heads of the socially responsible investment (SRI) research team at Société Générale, who quit to join Bank of America Securities-Merrill Lynch (BoASML), have retained their position as the leading brokerage team for SRI research in this year's Thomson Reuters Extel/UKSIF survey.

• Carbon project to keep Chernobyl radiation locked up

  08 September 2011

  An NGO is developing an emissions reduction project in Belarus that will restore peatland contaminated by fallout from the Chernobyl nuclear accident.

• EU urged to use to diplomacy in climate, energy policy

  08 September 2011

  The EU should promote low-carbon energy policies in countries outside its borders as part of the bloc's plans to tackle climate change and become less vulnerable to oil shocks, according to the European Commission.

• Pepsi top of the pops, Coke canned in DJSI review

  08 September 2011

  Coca-Cola has been kicked off the Dow Jones Sustainability World Index, while rival food and drinks firm PepsiCo Inc was identified as a 'supersector leader'.

• Debt-financed deal to double US residential solar installations

  08 September 2011

  SolarCity has secured $344 million in financing for a project to install solar panels on US military housing from US Renewables Group (USRG) in a deal backed by a Department of Energy (DOE) loan guarantee.

• Industry pressure and politics blamed for Obama's smog rule delay

  07 September 2011

  The US Environmental Protection Agency (EPA) will abandon its pursuit of stricter smog standards at the direction of President Barack Obama and in what environmentalists and some legislators decried as a cave-in to industry.