News

• Experts anticipate role for markets in CAIR's return

  29 April 2010

  Emissions market experts remain hopeful that the US Environmental Protection Agency (EPA) will preserve some element of trading in a revamped Clean Air Interstate Rule (CAIR) programme, due out in the coming weeks.

• Codexis IPOs, second biofuels firm to follow

  29 April 2010

  US advanced biofuels firm Codexis raised $78 million last week when it floated on Nasdaq – below its target of $100 million.

• Senate climate collapse opens door for renewables push

  29 April 2010

  The stunning collapse of a US Senate proposal to regulate greenhouse gases will provide fresh momentum for the adoption of an energy-only bill centred on a national renewable electricity standard (RES), market experts said.

• Investors, companies speaking different languages on ESG issues

  29 April 2010

  Industry sectors need to agree standardised environmental, social and governance (ESG) metrics as a vital first step in addressing "communication gaps" between investors and companies on ESG issues, according to a UN report.

• ICJ rules on Botnia mill fracas

  22 April 2010

  The International Court of Justice (ICJ) has ruled Uruguay did breach its treaty obligations when it approved the Botnia pulp mill on the bank of the country's shared river with Argentina, but it stopped short of calling for financial restitution or the mill's removal.

• Amazon dam contract awarded as court injunction dismissed

  22 April 2010

  A consortium of nine firms has won the right to build an 11GW hydroelectric dam on a tributary of the Amazon in Brazil – despite protests from environmental, indigenous and social groups, and a last minute injunction.

• Gas prices, overcapacity set to slow US wind growth – analyst

  22 April 2010

  Low natural gas prices and overachievement of state renewable energy targets has led Bank of America Merrill Lynch (BoAML) to cut its forecasts for US wind energy growth.

• Barclays blows carbon, energy targets

  22 April 2010

  Barclays is set to miss by a wide margin its three-year internal carbon and energy reduction targets, after acquisitions and divestments meant it was adrift from its 2009 per head emissions goal by 33 percentage points.

• CDM Board moves to speed up project registration (from Carbon Finance)

  22 April 2010

  The Clean Development Mechanism Executive Board (CDM EB) is preparing proposals for an improved project registration process, said chairman Clifford Mahlung.

• Water investment a 'no-brainer' – fund manager

  22 April 2010

  Investors are just scratching the surface of potential opportunities in the water sector, according to an asset manager that has launched a fund in the sector.