News

• 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.

• Massive wind project planned for Ontario

  01 October 2009

  The Canadian province of Ontario began accepting applications for its renewable energy feed-in electricity tariff on 1 October.

• Germany's renewables support under threat

  01 October 2009

  Germany's incoming government has signalled that it is to extend the life of nuclear power plants and tighten the country's generous renewable energy subsidy law (the EEG).

• CMEA dedicates $100m to alt energy

  01 October 2009

  CMEA Capital is to allocate $100 million of already-raised capital to invest in alternative energy companies.

• Schwarzenegger forges own path to 33% renewables

  01 October 2009

  Californian utilities must meet a third of electricity demand with renewable power by 2020, under an executive order signed last month by Governor Arnold Schwarzenegger.

• Disruption feared over Norway-Sweden green power plans

  01 October 2009

  The Norwegian and Swedish governments have agreed to create a unified green certificate market, reviving a long-stalled proposal. But a leading broker has warned that the plan – if not carefully implemented – could lead to disruption in Sweden's green power market.

• Insurers aim to ease way for developing country renewables

  01 October 2009

  An online facility meant to make it easier for renewable energy projects in developing countries to access insurance has been launched by a group of insurers and the UN.