News

• Innovest's Kiernan unveils new venture

  04 February 2010

  Sustainable investment pioneer Matthew Kiernan is launching an asset management company, Inflexion Point Capital Management, in partnership with Legg Mason and Phoenix Global Advisers.

• CelsiusPro covers weather risk for Nikon camera promotion

  04 February 2010

  CelsiusPro, an online seller of weather risk management products, has struck a deal that will see camera buyers in Switzerland get a full rebate on their purchase if the weather is bad over the Easter holiday.

• News round-up - Thursday 4 Feb

  04 February 2010

  SAM chief quits -- Cosan tie-up wins plaudits -- Arthur D. Little back climate index -- HSBC backs biofuels - Nicholas Stern slams Tories --

• US climate change inaction could scupper Mexico deal

  01 February 2010

  Hopes are fading fast that the US Senate will pass comprehensive climate change legislation this year – jeopardising the prospects for a binding global agreement in Mexico City in December, analysts believe.

• India proposes $8bn national green certificate market

  01 February 2010

  India is on the cusp of implementing a trading system for renewable energy certificates (RECs), to help its states meet its climate and renewables targets.

• SEC tells US firms to disclose climate risks

  01 February 2010

  After substantial prodding from investor advocates, the US Securities and Exchange Commission (SEC) will provide guidance to companies about what they must tell their investors about climate risks and opportunities.

• Renewable energy investment defies financial crisis

  01 February 2010

  Almost 10GW of wind energy capacity was added last year in the US, according to the American Wind Energy Association (AWEA), breaking all records – and despite the global economic strife in 2009.

• Financing questions cloud UK's gargantuan offshore wind plan

  01 February 2010

  A potential 32GW of offshore wind capacity could be developed in the UK after the government granted rights to nine coastal zones – but questions remain over how these projects will be financed.

• OPIC to slash portfolio emissions 50%

  01 February 2010

  The US has introduced legislation requiring the Overseas Private Investment Corporation (OPIC) to slash greenhouse gas (GHG) emissions from the projects it invests in by 50% over the next 15 years. markets.

• Longyuan float to be followed by other China wind plays

  01 February 2010

  The successful stock market flotation by China's largest wind power developer, China Longyuan Power Group, is expected to open the way for other Chinese wind energy companies to tap international investor appetite for the sector.