News

• Robeco raising third clean-tech fund

  15 October 2009

  Dutch investment manager Robeco is raising capital into its third clean-tech private equity fund-of-funds, according to its global head of private equity.

• ICAO considers emissions trading for aviation sector

  15 October 2009

  The International Civil Aviation Organization (ICAO) has committed to reduce greenhouse gas emissions from aviation through market-based measures, improved fuel efficiency and use of biofuels, ahead of December's UN climate talks.

• Southern buys $475–500m biomass power project in Texas

  14 October 2009

  US electricity utility Southern Company is buying a $475m–500m, 100MW biomass power project in Texas from developer American Renewables as part of its plan to expand its biomass generating capacity.

• FRR calculates climate risk to asset classes

  08 October 2009

  Long-term investors should consider shifting out of equities and into bonds, unless they believe ambitious efforts to tackle climate change are likely, a working paper by French pension fund Fonds de Reserve pour les Retraites (FRR) suggests.

• Clean energy investment slips again

  08 October 2009

  Global investment in clean energy slipped to $25.9 billion in the third quarter of 2009, according to analysis firm New Energy Finance (NEF), down from $28.6 billion in the second quarter and 22% below the same period last year. However, investment is still much higher than in the first quarter of 2009, when it fell $13.3 billion.

• Corrected: Industry questions Commission's CCS shortlist

  08 October 2009

  The European Commission has proposed a list of six carbon capture and storage (CCS) projects to receive a total of €1.05 billion ($1.6 billion) in funding, but industry representatives are concerned about the lack of transparency involved in the selection procedure.

• US government watchdog suggests ethanol tax credit unneccesary

  07 October 2009

  The top US government watchdog has cast doubt on the necessity of federal ethanol subsidies, drawing a sharp rebuke from the Renewable Fuels Association (RFA).

• Insight Investment SRI team facing redundancy

  01 October 2009

  The leading socially responsible investment (SRI) team at Insight Investment is likely to be made redundant, following the break up of the UK-based asset manager.

• Climate revenues soar – but renewables snag HSBC index

  01 October 2009

  Corporate revenues related to climate change rose globally by 75% in 2008, according to HSBC – but its Climate Change Index has underperformed global equities by 0.8% since its inception in 2007.

• Tiburon unveils long-short equity fund

  01 October 2009

  London-based fund manager Tiburon Partners is launching a listed equity hedge fund focusing on renewable energy and natural resources.