News

• UK emissions up 3%, risks missing targets

  30 June 2011

  The UK is cutting carbon emissions too slowly to meet its own targets, according to a report by the independent Climate Change Committee (CCC).

• Nespresso on track with sustainability goals

  30 June 2011

  Coffee firm Nespresso says it is on track to reduce its carbon emissions by 20% from 2009 levels and to recycle the bulk of its coffee machine capsules by 2013.

• First Solar to win two more loan guarantees - analyst

  28 June 2011

  Developer First Solar will likely receive two out of the three remaining loan guarantees it is seeking from the US government, according to a Collins Stewart research note.

• France ploughs €1bn into nuclear, UK confirms reactor spots

  28 June 2011

  France will invest €1 billion ($1.4billion) in its nuclear power programme, bucking the post-Fukushima trend away from nuclear energy.

• IBM finds sustainability pays

  28 June 2011

  IBM's sustainability policies have achieved savings and avoided costs worth approximately $1.60 for every $1.00 spent, the company claims.

• Solar startup raises $14m in pre-IPO finance

  28 June 2011

  Enphase Energy, a Californian solar startup, has boosted its coffers by $14 million ahead of a planned $100 million initial public offering (IPO).

• £7bn windfall for UK utilities from carbon price floor

  28 June 2011

  The UK's carbon price 'top up' will encourage utilities to raise electricity prices, increasing their profits by £7 billion ($11 billion), according to a report by investment bank Credit Suisse.

• Carbon recovers, but it's 'tin-hat time' for skittish market

  27 June 2011

  Europe's carbon market has recovered from its precipitate fall on Friday – exacerbated, traders believe, by 'stop-loss' triggers being hit – but watchers expect to see more volatility, with risks of a further decline in prices.

• European debt crisis casts shadow over renewables finance

  27 June 2011

  The European debt crisis could pose problems for the US renewable energy sector, particularly if US government loan guarantees are allowed to expire, according to financing experts.

• US renewables ready for return to tax break – JP Morgan

  27 June 2011

  The renewable energy sector will not miss the US government's cash grant programme as much as industry experts think, because of the growing attractiveness of the production tax credit (PTC) for wind projects, according to one top banker.