News

• Court judgment roils carbon market

  01 October 2009

  Europe's carbon market was rocked last month by a European court ruling in favour of Poland and Estonia that, many feared, could lead to them dramatically increasing the number of EU allowances (EUAs) they could grant to industry.

• Carbon fund assets reach $16 billion

  01 October 2009

  The assets held by or committed to carbon funds have risen by 25% over the past year – to $16.1 billion in August 2009, up from $12.87 billion a year earlier.

• Uniduto plans $1bn fund-raising for Brazilian ethanol pipeline

  30 September 2009

  Uniduto, the Brazilian pipeline developer established by the sugar cane and ethanol firms Cosan, Crystalsev and Copersucar in 2008, will begin a roadshow in February 2010 to raise $1bn to build its proposed 570km ethanol pipeline.

• IFC, S&P plan emerging markets 'carbon efficiency' index

  24 September 2009

  The International Finance Corporation (IFC) and Standard & Poor's are to launch the first emerging market stock index based on relative carbon efficiency.

• Economy fails to derail CDP response

  24 September 2009

  Dire economic conditions did not dissuade companies from voluntarily disclosing climate change risks and mitigation strategies, as a record number of top corporations replied to an annual survey conducted by the Carbon Disclosure Project (CDP).

• Germany's CDU could ditch feed-in tariffs, build new nukes

  24 September 2009

  Germany's Christian Democrat parties are likely to reduce the role of renewable energy feed-in tariffs and build new nuclear capacity if they win this weekend's federal election.

• Leapfrog eyes £12m/year for low-carbon initiatives

  24 September 2009

  Leapfrog, a UK charity that aims to channel free specialist assistance to emission reduction and clean technology projects, aims to be providing input worth around £12 million ($19 million) a year to at least 100 projects, within three years.

• Nasdaq launches 'smart grid' index

  24 September 2009

  Nasdaq this week launched an index to track global 'smart grid' infrastructure companies. The index is comprised of 29 companies worldwide, involved in electricity meters, energy storage and management, and software, devices and networks to make electricity grids more efficient.

• WEF taskforce eyes tens of billions for climate funds

  24 September 2009

  A World Economic Forum (WEF) task force has called for the formation of regional public-private investment funds to generate the billions of dollars needed for clean energy technology and infrastructure in the developing world.

• Anglesey Aluminium moves to build £600m biomass power plant

  23 September 2009

  One of the UK's largest single electricity users – Anglesey Aluminium Metals – has applied to the government for permission to build a 300MW biomass-fired power station to stave off final closure.