News

• 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.

• New US SO2 and NOx market rules due next week

  01 July 2011

  The US Environmental Protection Agency (EPA) will release its final version of the Transport Rule by the middle of next week, according to a top EPA official.

• Prospects looking up for climate investment theme – analysts

  01 July 2011

  The outlook for climate change-related investments is brightening after a few years when "it's been a pretty depressing place to work", according to a leading analyst.

• First Solar loan guarantees come through, shares jump

  01 July 2011

  First Solar's shares soared on news that the developer received all three of the loan guarantees it was seeking from the US government.

• Kohl's, Intel lead corporate renewables push

  30 June 2011

  The proportion of electricity sourced from renewable sources by leading corporate purchasers rose almost 50% last year, according to a survey by Bloomberg New Energy Finance.

• 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.