News

• Equity markets betting that EU climate targets unaffordable – analyst

  07 July 2011

  The equity markets no longer believe that EU governments are going to allow utilities to recoup the investments needed to meet the bloc's climate change objectives, threatening the 2030 targets, according to a leading utilities analyst.

• New CEO, investment for Trucost

  07 July 2011

  Environmental data firm Trucost has announced a new chief executive and an additional £1.4 million ($2.2 million) investment.

• Q2 clean-tech VC investment drops by a third

  07 July 2011

  Venture capital (VC) investment in the clean-tech market dropped by a third as investors focused on modest-sized deals in sectors such as energy efficiency in the second quarter, said US research company the Cleantech Group.

• EU Parliament rejects 30% cut in carbon emissions

  07 July 2011

  The European Parliament has voted against increasing the EU's greenhouse gas emissions reduction target to 30% by 2020, from 1990 levels, as called for in a report by Green MEP Bas Eickhout.

• Dutch mull 'green investment bank'

  06 July 2011

  A Dutch government-backed think-tank is studying the feasibility of a new financial institution to help promote the country's green economy.

• Mainstream secures Chinese turbines for 1GW wind plan

  05 July 2011

  Irish project developer Mainstream Renewable Energy and Chinese turbine manufacturer Sinovel Wind Group have signed a deal to build 1GW of wind projects in Ireland by 2016.

• Climate change to 'magnify' soil-related property damage – Swiss Re

  05 July 2011

  Climate change will exacerbate the risk of property damage caused by soil subsidence, according to insurer Swiss Re.

• FSC engagement with carbon offsets splits NGOs

  05 July 2011

  A controversial motion recognising the environmental value of forests for storing carbon has been passed by the general assembly of the Forest Stewardship Council (FSC).

• UK opposition joins fight against solar incentive cuts

  04 July 2011

  The leader of the UK's opposition Labour party is backing a challenge to the government's proposals to make deep cuts to large-scale solar incentives.

• EPA blasts American Electric Power over false coal shutdown claims

  01 July 2011

  Utility American Electric Power (AEP) is incorrectly claiming that its flurry of planned coal unit retirements and retrofits is being instigated by pending US Environmental Protection Agency (EPA) regulations, according to a top EPA official.