News

• 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.

• 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.