News

• Copenhagen timidity cost $1tr – IEA

  11 November 2010

  The weak agreement reached at last year's Copenhagen climate talks has added $1 trillion to the cost of keeping global warming within 2°C, the International Energy Agency (IEA) said on Tuesday.

• 'Grim picture' for environmental investing set to brighten?

  11 November 2010

  Institutional investors are risk averse, time-poor and "carbon and climate fatigued", making it difficult to generate interest in environmentally-orientated investing, according to a leading investment consultant.

• Czech solar revisions spark investor uncertainty

  11 November 2010

  The Czech Republic has slashed solar incentives in a bid to curb rising electricity prices, however a series of new taxes imposed on power generators has deepened investor uncertainty, observers say.

• SRI investment growth outpaces wider US market

  11 November 2010

  Growth in socially responsible and sustainable investments (SRI) has substantially outpaced the broader US market, despite the economic recession, according to the latest bi-annual study from the Social Investment Forum (SIF).

• Biofuel firm sends pork fat flying

  11 November 2010

  A biofuel plant in Louisiana is turning chicken fat and pork lard into renewable diesel, in what its joint venture partners say is the first commercial-scale advanced biofuels facility in the US.

• People moves

  09 November 2010

  The latest appointments at Globalance Capital, Swiss Banking Group, Environmental Financial Products, GE, Scottish Widows Investment Partnership and more.

• Enel Green Power fails to light up Milan, Madrid bourses

  04 November 2010

  Enel Green Power (EGP) made a less than stellar debut on the Milan and Madrid bourses today, following a sluggish €2.6 billion ($3.7 billion) initial public offering (IPO) in which parent company Italian utility giant Enel was forced to drop the price to entice reluctant institutional investors.

• Regional cap-and-trade survives US election

  04 November 2010

  California's greenhouse gas (GHG) emissions trading system survived two challenges in elections this week, but the Democrat's loss of the House of Representatives effectively puts an end to any federal programme to cap and trade emissions.

• First auction puts $3/lb price on Chesapeake nutrient pollution

  04 November 2010

  An ecosystems market designed to reduce nutrient runoff into Chesapeake Bay has started, with the first auction for credits representing the removal of 21,000 pounds of nitrogen from the polluted watershed sold for $3.04 each.

• Delay on GIB could derail UK's 2020 targets

  04 November 2010

  The UK's plan for a Green Investment Bank (GIB) to ramp up investment in renewables and energy efficiency should be sped up to ensure the country's 2020 targets can be reached, an influential committee of Members of Parliament (MPs) has heard.