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2 July: Renewable energy advocates have welcomed the momentum toward adoption of a US federal renewable electricity standard, but vowed to keep pushing for a stronger mandate. More...
2 July: UK Prime Minister Gordon Brown has called for $100 billion a year to be put aside by 2020 to help developing countries fight climate change – the first leader of an industrialised country to put a figure on the table. More...
2 July: Venture capital investment in clean technologies rebounded to $1.2 billion in the second quarter of 2009, according to the Cleantech Group, but investment levels stayed well below the highs of 2007-08. More...
2 July: Three environmental NGOs have taken legal action against the UK Treasury over its decision to bail out RBS without imposing environmental criteria on the bank’s finance practices. More...
2 July: A team of former Wall Street bankers have launched a financial advisory firm focused on the alternative energy and clean technology sectors. More...
2 July: CME Group is to launch a series of futures and options contracts based on sulphur dioxide allowances in mid July. More...
2 July: The UK offshore wind and wave power markets could be worth £70 billion ($115 billion) and provide at least 15% of the carbon dioxide emissions reductions needed to meet the country’s 2050 targets, said the Carbon Trust today. More...
2 July: Trader and broker Bache Commodities yesterday launched a "green" investment and benchmarking index based on biofuels feedstocks and "clean air" commodities including carbon emissions credits. More...
2 July: Annual revenues from Siemens’ environmental activities grew 12% in 2008 to €18.9 billion ($26.5 billion) – almost double the rate for the business as a whole. More...
25 June: With the distressed capital markets currently reluctant to provide extensive funds for renewable energy projects, the US Department of Energy is committed to temporarily providing financial support for mature technologies, officials said. More...
25 June: Munich Re is backing a €400 billion ($560 billion) plan to build solar energy plants in north Africa that could supply 15% of Europe’s energy needs by 2050. More..
25 June: Shares in leading carbon exchange operator Climate Exchange jumped more than 16% on Tuesday following news that IntercontinentalExchange (ICE) had bought a 4.8% stake in the company – sparking speculation of a takeover attempt. More...
25 June: Germany, Austria and Switzerland are to withdraw their export credit guarantees for Turkey’s Ilisu dam project, jeopardising the project’s future, according to a report last Friday from the German newspaper Frankfurter Rundschau. More...
25 June: The Asian Development Bank (ADB) is to double its clean energy investments to $2 billion from 2013. More...
25 June: Wheb Ventures has launched a sister company to invest in listed equities set to benefit from their exposure to three ‘megatrends’ – water, climate change and demographic change. More...
25 June: Dasos Capital’s private equity timber fund has made its first close of €85 million ($119 million), following a pledge of €30 million from the European Investment Bank (EIB). More...
25 June: Stricken Dutch sustainable energy company Econcern has managed to find buyers for parts of its business – but the jobs of some 600 of its 1,100 staff remain at risk. More...
25 June: The Leapfrog initiative, which aims to provide specialist volunteers to help bring emission reduction and clean technology projects to fruition, is moving ahead on several projects and is planning a formal launch on 24 September. More...
18 June: Environmental groups have slammed a US Senate bill that would implement a federal renewable electricity standard because of a weakening of its targets, vowing to push for the reinstatement of stronger mandates as the bill navigates the legislative process. More...
18 June: Investors are to call on companies to examine and disclose their role in tropical deforestation, via the Forest Footprint Disclosure Project. More...
18 June: The US government has resurrected the FutureGen Project – a major carbon capture and sequestration (CCS) pilot – although its future remains far from certain. More...
18 June: The German environment ministry has blocked proposals to provide relief to the smelting industry by reimbursing the cost of EU allowances passed on through electricity bills. More...
18 June: Energy efficiency and energy management companies within the HSBC Climate Change Index have strongly outperformed this year, thanks to support from government stimulus packages, according to an HSBC report. More...
18 June: Germany-based exchange Eurex is to launch hurricane futures on 29 June, it announced on Tuesday, targeted at asset managers, hedge funds, banks and insurance and reinsurance companies. More...
18 June: The severe economic struggles of the US ethanol sector have led to a shift from expanding production using proven processes towards smaller investments in emerging biofuel technologies, market experts said. More...
18 June: Three index providers this week announced new products focused on companies that address environmental issues or show class-leading efforts on sustainability reporting. More...
11 June: Governments from developed countries must lead the way on finance for climate change adaptation, mitigation and technology transfer, said a negotiator for China today at UN climate talks. More...
11 June: Japan has defended its 2020 emissions reduction target, announced yesterday, in the face of criticism from the EU and NGOs. More...
11 June: Airlines have committed to a global cap on their carbon emissions in 2020, the International Air Transport Association announced on Monday, but environmentalists slammed the group's lack of ambition. More...
11 June: The European Greens have heralded their increase in seats in last week’s European Parliament elections, but with the centre-right parties as the dominant players, it looks unlikely that Europe’s politicians will emerge with a stronger line on climate change in time for the UN’s Copenhagen summit on climate change in December. More...
11 June: Triodos Bank was last week named sustainable bank of the year, the first time a specialist ethical bank has won the annual award given out by the International Finance Corporation and the Financial Times. More...
11 June: BP’s head of alternative energy, Vivienne Cox, is to retire from the company after four years of leading the division. More...
11 June: Investors have been warned of the “critical risks” to key sectors from biodiversity and ecosystem loss, in a report by the European Sustainable Investment Forum and sustainable ratings agency Oekom Research. More...
11 June: Greenhouse gas emissions by Xstrata, the coal and metals mining giant, rose 7% in 2008 while the carbon intensity of its operations rose by 8%, but the company remains on track to meet its 2010 target for emissions intensity. More...
11 June: The International Finance Corporation, part of the World Bank, is to lend Norwegian bioenergy and forestry firm Green Resources $18 million for a $64.3 million project in Tanzania to plant 8,000 hectares of forest for wood and energy. More...
4 June: The notional value of transactions in the weather risk market in 2008/9 fell to $15.1 billion, less than half the previous year’s $32 billion, as the economic meltdown took its toll on risk capital, according to an annual survey by the Weather Risk Management Association. More...
4 June: Dutch renewable energy company Econcern says it obtained short-term bridging finance earlier this week, and is now seeking to divest itself of potentially all of its joint ventures and operating companies. More...
4 June: Carbon costs in a cap-and-trade programme could wipe out earnings for some companies in the Standard & Poor’s 500, according to a study by the Investor Responsibility Research Center Institute. More...
4 June: Yvo de Boer, executive secretary of the UN Framework Convention on Climate Change, welcomed a near-complete list of post-2012 emission reduction pledges from industrialised countries, but warned that the level of ambition is not high enough. More...
4 June: Financial services companies are the worst offenders when it comes to failing to disclose climate change risks and mitigation strategies, which could have serious consequences for investors, two reports on corporate disclosure warn. More...
4 June: Galileo Weather Risk Management Advisors has been bought by its founders for an undisclosed sum and has linked up with a soon-to-be-named insurance company that will provide counterparty credit. More...
4 June: The replacement by biofuels of half of the jet fuels now being burned could cut airlines' greenhouse gas emissions by 60–65%, claimed Air New Zealand. More...
4 June: HSBC made mixed progress on its sustainability goals in 2008, according to its sustainability report published last week. More...
28 May: A recently launched fund manager claiming “depth and breadth” in experience is understood to be hoping to raise €200 million ($279 million) into a low-carbon technology private equity fund of funds. More...
28 May: The carbon market grew by 100% in value between 2007 and 2008, to more than $126 billion, according to the World Bank. More...
28 May: Fewer than one third of International Emissions Trading Association members expect “ambitious commitments” from any climate deal reached in Copenhagen in December. More...
28 May: Investments in renewable energy are expected to drop 38% in 2009 thanks in part to the financial crisis, according to a report from the International Energy Agency for the G8 energy ministers’ meeting in Rome this week. More...
28 May: Insurance broker Marsh and Munich Re are insuring Signet Solar’s photovoltaic modules against deterioration in performance, through what they claim is a first-of-its-kind policy. More...
28 May: Corporations wanting to report data relevant to climate change now have a standard procedure to follow, with the launch of a draft framework by the Climate Disclosure Standards Board this week. More...
28 May: Biodiesel producers in Brazil cheered the government's decision last week to increase the compulsory biodiesel blend from 3% to 4% of diesel fuel, beginning on 1 July. More...
21 May: Environmental Finance is soliciting nominations for its annual awards – which aim to recognise excellence in applying capital markets know-how to solving the world’s environmental problems. More...
21 May: The loosening of renewable energy targets in the proposed US House of Representatives climate and energy bill brings its provisions closer to Senate renewables proposals – making federal targets more likely, say observers. More...
21 May: Voluntary carbon markets doubled in size and value in 2008, consistent with the trend in 2007 and in line with earlier predictions, according to a report released yesterday.
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21 May: Carbon market participants have welcomed the publication of three negotiating texts for a post-2012 climate change treaty, despite them showing the mountain of work that needs to be done before December’s Copenhagen talks. More...
21 May: Senior executives in the energy industry predict that subsidies for renewable energy will increase during the next year, despite economic troubles that have plagued the globe, according to a KPMG mergers and acquisitions report. More...
21 May: The chief executive of biodiesel producer Biopetrol Industries launched a stinging attack on Germany's politicians – including the Chancellor Angela Merkel – for almost destroying the country's biodiesel sector through double standards, egoism, bowing to special interests and politicking. More...
21 May: An alliance of institutional investors managing €4 trillion in assets has called for carbon markets to be strengthened and broadened – but is also calling for alternative policies to attract climate-related investments in developing countries. More...
21 May: Losses widened to $313.3 million at Clipper Windpower in 2008, as the wind turbine maker was forced to spend $300 million over two years fixing faults. More...
14 May: The UK government will have to extend its additional subsidy for offshore wind, or the industry will have to cut its costs, if the UK’s medium-term targets for renewable energy are to remain in sight, according to bankers and analysts. More...
14 May: More renewable energy than conventional power capacity was added in both the EU and the US for the first time in 2008, according to the annual report from stakeholder group REN21. More...
14 May: The European Bank for Reconstruction and Development has unveiled plans to invest €3 billion-5 billion ($4 billion-7 billion) in the second phase of its Sustainable Energy Initiative, over 2009-11. More...
14 May: Rumours are circulating that international offsets are to play a greater role in compromise climate legislation under preparation by the US House of Representatives' energy and commerce committee. More...
14 May: The European Commission’s plans to offer the EU’s biggest polluters free emissions allowances to protect them from overseas competition could undermine the bloc’s climate change credibility and reduce its clout in Copenhagen, warned the WWF today. More...
14 May: The economic gloom caused a significant drop in US venture capital investment in clean technology firms in the first quarter of 2009, according to Ernst & Young. More...
14 May: US company Renewable Energy Group has announced a plan to merge with three commercial-scale biodiesel plants in a move designed to better position the company to meet higher demand. More...
14 May: The May issue of Carbon Finance is now available, including the latest on negotiations for a US cap-and-trade bill. More...
7 May: Closed-door negotiations are continuing on a US federal cap-and-trade proposal after President Barack Obama urged Congressional Democrats to resolve key differences in the hope of passing comprehensive climate change legislation this year. More...
7 May: Blue Marble Capital Partners has launched a hedge fund to invest in securities set to benefit from the “global transition towards carbon-constrained societies”, including carbon credits. More...
7 May: US ethanol producers praised efforts by President Barack Obama’s administration to aid the struggling biofuels sector, but vowed to keep pushing to prevent the inclusion of indirect land-use change in the assessment of the environmental impacts of domestic ethanol production. More...
7 May: A novel approach to help accelerate reductions of greenhouse gas emissions is being developed by London-based law firm Travers Smith and a group of like-minded UK companies. More...
7 May: A set of guidelines to help financial institutions evaluate the risks and quantify the benefits of energy efficiency investments has been launched by the Washington, DC-based non-profit Efficiency Valuation Organization. More...
7 May: A resounding 95% of real estate fund managers believe there is a relationship between environmental performance and financial returns, according to a survey of UK and European property funds. More...
7 May: British American Tobacco published its 2008 sustainability report last week, outlining its approaches to reduce the harm caused by tobacco products and announcing targets to lessen its environmental impact. More...
30 April: A third World Bank climate bond issue is in the wings, Environmental Finance has learned from the Swedish bank that has placed the previous two issues. More...
30 April: HSBC has raised €117 million ($156 million) of a targeted €500 million into its Environmental Infrastructure Fund. More...
30 April: The EU is unlikely to meet renewable energy targets set for 2010, according to a report by the European Commission, which forecasts renewables will make up 19% of the bloc's electricity supply and 4% of the transport fuels by next year.
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30 April: Californian wind farm developer First Wind has secured $376 million to finance the first phase of a 203.5MW wind farm in Utah, involving a syndicate of nine banks. More...
30 April: The Environmental Protection Agency hopes to have an emissions control programme to replace the rejected Clean Air Interstate Rule established in two years, according to a top EPA official. More...
30 April: Ethanol supporters sharply criticised what they perceive to be unfair treatment of biofuels in California’s controversial low-carbon fuel standard adopted last week. More...
30 April: The International Finance Corporation is to begin financing growth-stage clean technology companies as part of its efforts to promote environmentally sustainable businesses in developing economies. More...
30 April: Japan’s largest opposition party has introduced a bill calling for an ambitious 25% cut in greenhouse gas emissions from 1990 levels by 2020. More...
30 April: Three angel investors have launched a ‘network of networks’ aimed at boosting the profile of very early-stage investment in clean-tech firms. More...
23 April:The co-founder and president of EcoSecurities, one of the oldest companies in the carbon trading business, has resigned “to pursue other interests”, the company announced today. More...
23 April: Italian utility Enel could sell up to 49% of its renewable energy unit, CEO Fulvio Conti said yesterday, to potentially net up to €6 billion ($7.8 billion). More...
23 April: In a long-anticipated move, the US Environmental Protection Agency ruled on Friday that carbon dioxide and the five other Kyoto Protocol greenhouse gases (GHGs) pose a danger to human health – opening up an alternative avenue for GHG regulation, should Congress not pass climate change legislation. More...
23 April: Several US states would find it impossible to meet a proposed federal standard on renewable energy generation, legislators complained during hearings this week. More...
23 April: The UK’s 2009 Budget, unveiled yesterday, promises a boost to the development of a low-carbon economy, according to industry groups. More...
23 April: Industry has given a qualified welcome to a report from the UK’s Environment Agency that calls on the government to consider setting minimum standards for greenhouse gas emissions from biomass projects. More...
23 April: The financial sector is the worst performer in terms of managing environmental, social and governance risks, and has shown the least improvement over the last three years, according to a study from Ethical Investment Research Services. More...
16 April: Ethical bank Triodos is considering securitising a part of its portfolio of loans to renewable energy projects, to allow it to increase its lending to the sector. More...
16 April: The shortfall of EU Emissions Trading Scheme allowances in 2008 was greater than many analysts expected, providing support to carbon prices – but the data does not reflect the extent of economic contraction, participants have warned. More...
16 April: Market participants embraced the Chicago Climate Futures Exchange decision to list renewable energy certificate futures, but there are questions about the potential liquidity of the contracts. More...
16 April: US ethanol producer Aventine Renewable Energy claimed that the increased use by fuel refiners and blenders of excess tradeable biofuel credits to meet their blending targets had helped to push it into Chapter 11 bankruptcy last week. More...
16 April: The EU should force companies and institutional investors to disclose more information on how they are dealing with environmental, social and governance issues, the European Sustainable Investment Forum has said. More...
16 April: A major study on the economic importance of nature is seeking input from businesses across all sectors. More...
16 April: The International Finance Corporation and the Financial Times have released the shortlist for their annual sustainable banking awards. More...
16 April: The April issue of Carbon Finance is now available, including an analysis of how China’s latest stimulus package provides investment opportunities for emissions project developers. More...
9 April: Norway’s finance minister had proposed that the government’s $39 billion pension fund allocates $3 billion to sustainable investments – potentially the largest such allocation ever made. More...
9 April: Investors hoping that clean technology will be able to beat the market in 2009 look to be disappointed, Banc of America Securities-Merrill Lynch said this week. More...
9 April: US investors have deserted the green investment space, according to analysts and investors speaking at a recent environmental markets conference in New York. More...
9 April: The failure of the EU to meet its 2020 renewable energy targets could see EU allowance prices hitting €70 ($93) by that date, according to consultancy ICF International. More...
9 April: The UK's Environment Agency will in a fortnight unveil its policy on the greenhouse gas emissions produced by bioenergy in its full life-cycle, from the growing of feedstock crops to consumption. More...
9 April: Environmental and social data provider Asset4 has launched a product to help plug the gaps in the timeliness and completeness of corporate carbon disclosure. More...
9 April: The Climate Group has hit back at claims that the Climate Principles are “meek” or “window dressing”, but acknowledged that “more action” is required from the finance sector to tackle climate change. More...
9 April: E. Capital Partners has launched an environmentally-screened index to track global water stocks “best positioned to capture the opportunities arising from the challenges of the declining water availability”. More...
2 April: Congressmen Henry Waxman and Ed Markey have received plaudits for a bill that would create an emissions trading system in the US. More...
2 April: Investment in clean technology and clean energy plummeted in the first quarter of 2009, according to figures published this week. More...
2 April: The UK and Germany have posted a “staggering” EU allowance shortfall of more than 140 million for last year – with more installations yet to report. More...
2 April: More than $300 billion is invested in ‘sustainable’ emerging market funds, or mainstream funds which have promised to integrate environmental, social and governance analysis into their investment process, according to the first survey of the sector, commissioned by the International Finance Corporation. More...
2 April: The World Economic Forum has set up a task force to identify how to create millions of green jobs and put long-term economic growth on a sustainable, low-carbon path. More...
2 April: Banks are not doing enough to ensure they are not “financing climate catastrophe”, BankTrack has said. More...
2 April: Nebraska’s ethanol sector could get a boost from the auction of bankrupt VeraSun Energy as three of the company's idled facilities could restart soon, according to Todd Sneller, administrator of the Nebraska Ethanol Board in Lincoln. More...
26 March: Leading emerging markets bank Standard Chartered has unveiled what is understood to be one of the banking sector's most comprehensive sets of environmental and social sector position statements – and has received a ringing endorsement from leading NGOs. More...
26 March: Danish pension fund ATP has announced a $400 million investment in renewable energy private equity firm Hudson Clean Energy, and has made its first investment out of a $500 million pot for sustainable forestry. More...
26 March: HSBC plans to integrate sustainability into its insurance business, launching ‘green’ insurance products across its global operations this year. More...
26 March: The US Department of Energy has kick started its loan guarantee programme for renewable energy projects and provided a welcome boost to the solar industry, which is facing weak first-quarter sales. More...
26 March: The UK needs to rethink its support systems for renewable power, because business is disincentivised from investing in onsite renewable generation, according to a coalition of businesses and NGOs. More...
26 March: Significant policy changes will be needed before carbon capture and storage projects can be developed in most US states, according to Richard Cowart, director of the Regulator Assistance Project, a non-profit that advises electricity sector regulators. More...
26 March: A bipartisan group of US Senators has introduced a bill to lower tariffs on imported ethanol, a proposal that US ethanol supporters have fiercely resisted in the past. More...
26 March: A “hybrid” trading system with ceiling and floor prices to control carbon prices would stimulate more investment in cutting emissions, according to a white paper by PricewaterhouseCoopers. More...
26 March: Growing problems over water quality means more trading programmes are likely to be introduced, according to a study from the World Resources Institute. More...
19 March: Insurers operating in the US will be required to disclose the financial risks associated with climate change and the actions they are taking to mitigate those risks, following a ruling by insurance regulators. More...
19 March: The UK-based Consensus Business Group, which made a big splash into clean technology investment in 2006, has been selling down its clean-tech investment portfolio to shift assets into property. More...
19 March: Shell is backing away from investments in wind and solar power, as they don’t fit with the oil giant’s main business and the returns are unfavourable, executives said in a strategy meeting on Tuesday. More...
19 March: Advanced developing countries such as China and Mexico are outlining proposals that could secure their participation in a post-2012 international climate change agreement, including the imposition of a carbon tax on imports. More...
19 March: European electricity companies have pledged to become carbon neutral by 2050, by reducing their greenhouse gas emissions as far as possible and offsetting any unavoidable emissions. More...
19 March: US ethanol supporters have praised President Barack Obama for resisting pressure from Brazilian President Luiz Inácio Lula da Silva to eliminate the tariff on Brazilian ethanol imports. More...
(from Carbon Finance)
19 March: The UK government has published its latest proposals for its Carbon Reduction Commitment, firming up how the emissions trading system for organisations with big electricity bills will operate. More...
(from Carbon Finance)
12 March: The US Environmental Protection Agency (EPA) released its proposal for mandatory reporting of greenhouse gas (GHG) emissions yesterday, setting in train a crucial underpinning of any carbon cap-and-trade system. More...
12 March: The global low-carbon and environmental sector was worth £3 trillion ($4.1 trillion) last year, according to research commissioned by the UK government. More...
12 March: Element Partners this week closed a $486 million clean technology growth equity fund, bucking a tough fund-raising market. More...
12 March: Investment bank HSBC has slashed its growth forecasts for the wind turbine sector for the second time in six months, and is now forecasting a 20% decline in the sector this year. More...
12 March: Standard & Poor’s has launched a ‘carbon efficient’ version of its benchmark US equity index, the S&P 500. More...
12 March: Pre-tax profits more than trebled at Climate Exchange, operator of the leading US and European carbon exchanges, as volumes continue to grow.
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12 March: US Department of Agriculture Secretary Tom Vilsack this week advocated increasing the ethanol content of the country's petroleum fuel from the current 10% maximum, adding to the momentum for an increase to avoid ethanol production outstripping demand. More...
12 March: The latest issue of Environmental Finance is now available, featuring a special report on developments in US climate policy. More...
12 March: The March issue of Carbon Finance is now available, including the latest on the implications for the carbon market of US President Barack Obama’s proposed budget. More...
5 March: Allowing EU member states full flexibility to meet their renewable energy targets by trading certificates could save €17 billion ($21 billion) a year by 2020, according to a study commissioned by electricity industry association Eurelectric. More...
5 March: Investment in clean energy is currently far short of levels necessary to avert dangerous climate change, and the economic downturn is likely to exacerbate the problem, according to analysis company New Energy Finance. More...
5 March: First Solar is to acquire the 1,850MW solar project pipeline of developer OptiSolar for approximately $400 million. More...
5 March: Companies are largely unaware of water-related risks, or how climate change will likely exacerbate them, says a report from investor and environmentalist coalition Ceres, which urges businesses to report their ‘water footprint’. More...
5 March: Sustainable Asset Management and Dow Jones have extended their sustainable investment index family to the Asia-Pacific region, with the launch of the Dow Jones Sustainability Indexes' Asia Pacific and Asia Pacific 40 equity indexes. More...
5 March: The growing wood pellet industry will compete increasingly with pulp and paper firms for woodchips and pulp logs as its raw material, as supplies of its traditional sawdust and sawmill shavings prove inadequate, forecasts a report. More...
5 March: Efforts to shore up the price of carbon – or impose caps on the upside – are misplaced, according to Eneco’s Alexander Savelkoul and Christopher Zink. More...
26 February: Climate change increases the possibility of the failure of insurance markets, according to a Chartered Insurance Institute report, which cites the need for better measures of market robustness. More...
26 February: The value of the global carbon market is set to shrink by a third this year, according to estimates from analysis firm Point Carbon. More...
26 February: The UK has proposed a definition of “carbon neutrality” in an effort to help standardise the term and reduce consumer confusion around its use. But experts warn that too strict a definition could hinder more than help. More...
26 February: Many global businesses foresee putting climate change action on the back burner as the recession continues to bite, according to a survey by the Economist Intelligence Unit. More...
26 February: French insurance company Scor sold a $200 million catastrophe bond last week, ending the six-month hiatus in cat bond issuance caused by the collapse of Lehman Brothers and the general malaise in financial markets. More...
26 February: An NGO is calling for French hotel group Accor to end its involvement in a Malaysian hotel project owned by controversial logging firm Interhill. More...
26 February: The British Private Equity and Venture Capital Association has set up an energy, environment and technology group to help promote the role of private equity and venture capital in renewable energy and clean technology. More...
26 February: After strong objections from the US ethanol lobby, a major product safety certification organisation has reversed course and agreed that standard petrol pumps can safely dispense petrol mixed with up to 15% ethanol. More...
19 February: Yesterday saw the largest ever volumes in Europe’s carbon market, as speculators betting on a further collapse in prices found themselves caught out. More...
19 February: Biomass energy looks set to be a big beneficiary of the $787 billion economic stimulus package signed this month by the US president Barack Obama, but ethanol and biodiesel received limited support. More...
19 February: Nine US and Canadian companies have done such a poor job in evaluating and disclosing the impact of climate risk on their business operations that they earned a place on a 'Climate Watch List' created by investors. More...
19 February: Carbon capture and storage has received a fillip from the US, with $3.5 billion earmarked in President Barack Obama’s stimulus package for demonstration projects and growing support at the state level. More...
19 February: Financial research and advisory firm RiskMetrics is to buy Innovest Strategic Value Advisors, a leading environmental, social and governance research company. More...
19 February: The EU Emissions Trading Scheme succeeded in reducing emissions in the bloc last year, according to a report by New Carbon Finance. More...
19 February: The Chicago Climate Futures Exchange will tomorrow list futures contracts for carbon offsets registered under the US Climate Action Reserve. More...
19 February: Pictet is launching what it claims is a first-of-its-kind 'megatrends' fund that includes exposure to its water, clean energy and timber investment themes. More...
12 February: After a night of intense negotiations, the US House of Representatives and Senate have reached a compromise on a $789 billion economic stimulus package that includes several provisions favourable to the renewable energy sector
. More...
12 February: The International Energy Agency’s chief economist has warned that, without government intervention, low carbon prices could lock-in a future of coal-fired power generation in Europe and beyond. More...
12 February: US plans for a cap-and-trade system to cut mercury emissions are likely to be abandoned in favour of regulation, after Barack Obama’s administration decided to drop a key appeal. More...
12 February: The Carbon Disclosure Project has called on 3,700 companies to submit data on their climate change risks, as a survey reveals that three-quarters of the investment managers behind the project factor such information into their investment decisions. More...
12 February: A coalition of four leading airlines have banded together to lobby for the sector’s inclusion in a new climate deal, expected to be agreed in Copenhagen in December. More...
12 February: Danone Waters plans to make Evian and Volvic bottled water ‘plastics-neutral’ in the UK, through the use of recycled plastic. More...
12 February: Canada’s commitment to reducing greenhouse gas emissions and promoting renewable energy has been questioned, particularly as the government cannot account for C$1.5 billion (US$1.2 billion) that was earmarked to reduce emissions and pollution. More...
12 February: Swedish utility Vattenfall is to spend SEK5.6 billion ($670 million) to convert two of its three Danish combined heat and power plants to run on biomass as well as coal, as part of a SEK82 billion programme to reduce emissions in the Nordic region. More...
12 February: The February issue of Carbon Finance is now available, including a look at the prospects for the carbon market in 2009. More...
5 February: After attracting thousands of climate protestors to the Kingsnorth power station and Heathrow airport, the Camp for Climate Action has turned its sights on leading carbon trading platform, the European Climate Exchange. More...
5 February: The rapidly growing industry to manage greenhouse gas emissions is suffering from a profound skills shortage, according to a global survey of those involved in the sector. More...
5 February: The Co-operative Bank has turned down more than £1 billion ($1.5 billion) of “unethical” business since 1992, it announced this week, as it launched the fifth update of the standards organisations must meet to open accounts or receive loans and financing. More...
5 February: Clean energy advocates have renewed hopes that a US federal renewable electricity standard will be enacted with the introduction of a Congressional bill that matches the goals of President Barack Obama. More...
5 February: The Australian government yesterday unveiled a A$2.6 billion (US$1.7 billion) scheme designed to ensure all owner-occupied homes have ceiling insulation and flagged a major extension of a subsidy scheme for landlords who install insulation in their rental properties. More...
5 February: US ethanol producers continue to fall victim to the economic crisis with two more companies filing for bankruptcy protection. More...
5 February: The Chicago Mercantile Exchange is to list temperature-based weather contracts for the Australian cities of Melbourne, Sydney and Brisbane. More...
5 February: The UK government had a soft launch of its voluntary offsetting code last week, amid complaints from market participants that it will undermine the voluntary carbon market. More...
5 February: Cereal and convenience food giant Kellogg Company has published its first global corporate responsibility report, setting targets to reduce its environmental and social impacts. More...
5 February: The latest issue of Environmental Finance is now available, featuring a special report on the voluntary carbon markets. More...
29 January: European Union energy projects, including carbon capture and storage technology and offshore wind farms, could receive a €3.5 billion ($4.6 billion) cash injection under plans proposed by the European Commission on Wednesday. More..
29 January: Voting along party lines, the US House of Representatives approved an economic stimulus package that includes substantial investments in the renewable energy sector and critical adjustments to its tax credit structure. More..
29 January: The UK has the capacity for up to 7,000 more offshore wind turbines, according to a UK government study, but, as trouble continues to dog the flagship London Array project, observers say this potential may not be realised. More..
29 January: Climate change could be kept in check at a cost of €200 billion ($265.3 billion) a year by 2030, according to a report by McKinsey & Co. More..
29 January: The incoming CEO of US retail giant Wal-Mart has reiterated the firm’s commitment to sustainability, pledging to reduce packaging and environmentally-damaging detergents – but many of its critics remain to be convinced. More..
29 January: Geneva-based asset manager Unigestion is to launch an environmental private equity fund-of-funds that aims to take advantage of “the significant fall in the price of sustainability assets to levels not seen since 2004”. More..
29 January: An international body to promote renewable power was founded in Berlin this week. More..
29 January: A subsidiary of Panda Ethanol in the US has filed for protective Chapter 11 bankruptcy and is in negotiations to sell its troubled ethanol refinery project in Hereford, Texas, following a financial dispute with a major lender. More..
22 January: The economic stimulus package being considered by the US House of Representatives features sizeable investments in clean energy projects and infrastructure that could boost the sector. More...
22 January: Masdar has denied that it is rethinking the economic viability of the London Array, the UK’s massive offshore wind farm project. More...
22 January: Electric and hybrid cars will fail to make major inroads into the vehicle market by 2020 unless governments intervene with incentives to support these technologies, according to a Boston Consulting Group report. More...
22 January: Recessionary pressures have led carbon prices to record lows this week, threatening the viability of the Clean Development Mechanism. More...
22 January: PricewaterhouseCoopers has bought boutique consultancy Sustainable Finance for an undisclosed sum. More...
22 January: The UK’s petrol and diesel industry is falling short on supplying sustainable biofuels, a government agency reported, the same week in which renewable fuels associations were rapped for describing biofuels as "sustainable" in an advertising campaign. More...
22 January: Zurich Financial Services has launched insurance products to cover capturing and storing carbon underground, in a bid to address a major barrier to the uptake of the technology. More...
15 January: The US renewable energy sector is capable of meeting President-elect Barack Obama’s pledge to double US production within three years, but the ongoing financial crisis will challenge the industry in 2009, analysts and industry experts said. More...
15 January: UK-based asset manager Impax is hoping to tap into investor enthusiasm for lower-risk infrastructure investment with a new renewable energy private equity fund. More...
15 January: While the rest of the banking sector is cutting credit lines and rebuilding balance sheets, Triodos Bank in the UK expects 2009 to be a record year for its lending to environmental businesses. More...
15 January: Investment in clean energy companies and projects grew by 4.4% in 2008, to breach $150 billion for the first time, according to figures from New Energy Finance. More...
15 January: China more than doubled its wind power capacity in 2008, installing 4.66GW of additional capacity and passing the government’s 10GW target two years ahead of schedule. More...
15 January: Sending price signals to the private sector is critical to encourage development of new technology that will curb carbon emissions, said outgoing Treasury Secretary Henry Paulson – a position in contrast to that of the Bush administration. More...
15 January: Weather risk management firm MSI GuaranteedWeather is branching out to provide weather risk insurance contracts to US businesses. More...
8 January: Clean technology stocks are set to rebound in the next three months, following a dismal performance in 2008, according to a report from Banc of America Securities-Merrill Lynch. More...
8 January: Prices soared in the major US emissions markets, after the DC Court of Appeals agreed to keep the Clean Air Interstate Rule in place while the Environmental Protection Agency develops an alternative mechanism. More...
8 January: The carbon market was worth $118 billion last year, up 84% year-on-year, according to a report by analysis firm New Carbon Finance. More...
8 January: Clean-tech venture capital investments reached a record $8.4 billion in 2008 – up 38% from 2007, according to the Cleantech Group. More...
8 January: The German, Swiss and Austrian export credit agencies have suspended guarantees for the controversial Ilisu dam project in Turkey. More...
8 January: A professional association of senior executives responsible for climate change and energy is to be launched in the US within the next six to 18 months. More...
8 January: Ironshore Inc. has set up an environmental insurance division. More...
8 January: WHEB Ventures has reached a second close of £73.7 million ($112 million) of its latest clean-tech venture fund, and has announced plans to open an office in Germany. More...
8 January: Australian bank Westpac has published its 2008 report, detailing its environmental, social and governance performance against 110 indicators. More...
8 January: The December/January issue of Carbon Finance is now available, including the results of our annual market survey. More...
18 December: Hedge fund giant Man Group is winding down its Man Eco operation in a move that a source close to the company describes as a reorganisation – but which will raise concerns about how environmental investment is set to weather the financial crisis. More...
18 December: The European Parliament has voted overwhelmingly to adopt the climate package agreed last Friday by EU leaders, which promises to cut emissions to 20% below 1990 levels by 2020, while offering a raft of concessions to eastern European countries and heavy industry. More...
18 December: Natural and man-made catastrophes killed 238,000 people in 2008, as well as causing $225 billion of damage – $50 billion of which was insured. More...
18 December: Clean technology companies are set to escape a predicted slow-down in venture capital funding in 2009, according to a survey by the National Venture Capital Association. More...
18 December: Out of all financial institutions, Barclays attracted the most criticism in 2008 on environmental and social grounds, according to a survey of media and NGO reports. More...
18 December: Sustainable Asset Management has named Sander van Eijkern as its new CEO, as the Zurich-based asset manager reports inflows this year, despite the financial crisis. More...
18 December: A joint venture by GE Energy Financial Services and YA Global Investments is to invest $38 million into US company GreenShift for the production of biodiesel from maize oil extracted from ethanol plant waste. More...
11 December: UN climate change head Yvo de Boer said that talks to reach a new agreement by December next year are unlikely to lead to a “fully elaborated long-term response to climate change”, and warned that many details will need to be finalised after the meeting in Copenhagen. More...
11 December: A crucial part of the EU’s energy and climate package was wrapped up on Tuesday, with compromise reached between members of the European Parliament and the French EU presidency to boost the use of renewables in Europe. More...
11 December: Dutch energy firm Essent and oil company Shell are to consider building a 1,000MW power plant that would use both coal and biomass as fuel, and would capture and store underground most of its carbon dioxide emissions. More...
11 December: Many companies in the solar sector have yet to accept that module prices have further to fall, following Q-Cells’ profit warning on Monday, according to a leading analyst. More...
11 December: Investors are failing to take financial risks related to water scarcity into account, according to the author of a report issued by the European Sustainable Investment Forum. More...
11 December: David Blood has questioned why investors are not insisting that asset managers take climate change risks and opportunities into account. More...
11 December: Allianz Group, the insurance and financial services firm, has published its seventh sustainability report, highlighting its achievements on climate change and progress towards its sustainable development goals. More...
4 December: Eleven thousand delegates have gathered this week at the UN climate change conference in Poznań, Poland, where governments are engaging in negotiations for a global climate change agreement to start in 2013. More...
4 December: Hedge fund supremo Stanley Fink is backing the launch of an environmental investment manager that hopes to raise $5 billion over the next five years. More...
4 December: Five leading financial institutions have signed up to the Climate Principles, guidelines to deal with the risks and opportunities posed by climate change. More...
4 December: The European Parliament and EU member states have agreed a deal to cut carbon dioxide emissions from cars, which weakens original proposals made by the European Commission and gives car manufacturers an extra two years to meet emissions targets. More...
4 December: Econcern has agreed a €863 million ($1 billion) deal to invest in four Chinese onshore wind farms, with a combined capacity of 720MW. More...
4 December: The UK should cut greenhouse gas emissions to at least 34% below 1990 levels by 2020, or 43% if a global climate change deal is agreed, according to the body appointed to advise the government on its ‘carbon budgets’. More...
4 December: Thailand’s state-controlled Bangchak Petroleum has put a Bt35 billion ($983 million) ethanol refinery project on hold because of uncertainty about domestic and regional demand. More...
4 December: Investor advocates are urging the top 500 global asset managers to explain how they evaluate climate risks and opportunities when making investment decisions. More...
27 November: The UK government is to extend its flagship renewable energy support mechanism to 2037, in a surprise move announced by the finance minister on Monday.
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27 November: The European Commission has pledged €24.5 million ($31.6 million) to the Global Index Insurance Facility, which aims to develop index insurance products that mitigate weather and catastrophe risks in African, Caribbean and Pacific countries. More...
27 November: Investors can expect significant long-term opportunities in clean technology, according to a Merrill Lynch report, that says clean-tech and biotech will be the basis of “the sixth technology revolution”. More...
27 November: The European Investment Bank has been challenged to stop financing fossil fuel projects by 2012. More...
27 November: A grouping of environmental and nature protection organisations has added its voice to calls for the European Union to scrap a proposed 10% renewable transportation fuels target and scale back the use of biofuels to meet fuel efficiency and car emissions standards. More...
27 November: Swiss investment bank Credit Suisse is to cut at least half of its New York-based carbon team. More...
20 November: US President-elect Barack Obama has reaffirmed his election pledge to take serious action on climate change, saying that the country will re-engage with international negotiations. More...
20 November: No sooner has the US Congress approved tax credits for renewable energy, it should immediately adjust them because the financial crisis has limited new project development, renewable energy advocates have said. More...
20 November: Five of the biggest brands in the US called on Wednesday for the incoming US government to introduce strong climate legislation early in 2009. More...
20 November: Aviva Investors has launched a potentially €500 million ($626 million) renewable energy infrastructure fund, alongside initiatives to boost its socially responsible investment (SRI) credentials. More...
20 November: A study of ‘green’ buildings has shown that half recover their higher construction costs within five years, through savings in energy and water costs compared to their non-green counterparts. More...
20 November: FTSE Group and Impax Group have added nine new indexes to the FTSE Environmental Opportunities Index Series, covering the water, renewable energy, energy efficiency and waste and pollution control sectors. More...
20 November: The November issue of Carbon Finance is now available, including the latest on reforms to the EU Emissions Trading Scheme. More...
12 November: France will put forward plans on Friday aimed at meeting Poland's demands on changes to the EU Emissions Trading Scheme (EU ETS) post-2012 and breaking the deadlock on the energy package. More...
12 November: The World Bank has issued its first bond where the proceeds will be directly invested in climate change-related projects. The bond is the first product of a wider Bank effort, in collaboration with large institutional investors, to direct large-scale institutional money to efforts to tackle climate change. More...
12 November: International investors with assets of $6.4 trillion have sent a message to governments ahead of December’s UN climate conference, asking for a “strong and binding” agreement that will drive investments to address climate change. The financial crisis should not delay these efforts, they added. More...
12 November: Clean energy investment in 2008 is set to fall 4% from 2007 levels, according to New Energy Finance. The UK-based analysis company is projecting total new investment of $142 billion, down from $148 billion last year. More...
12 November: The International Energy Agency today warned against letting the current global financial crisis overshadow efforts to tackle climate change, and cautioned that global temperatures could rise by 6°C if no new policies to tackle rising emissions are adopted. More...
12 November: Mainstream Renewable Power is planning a $1 billion drive for wind power in Chile, after launching a joint venture with local developer Andes Energy. More...
12 November: Foresight has begun marketing a potentially £300 million ($450 million) successor to its £22.5 million UK Sustainable Investment Fund. More...
12 November: UK-based carbon offset provider The CarbonNeutral Company has acquired GreenLife Organization, a New York-based provider of carbon management services, for an undisclosed sum. More...
out now
12 November: The latest issue of Environmental Finance is now available, featuring a special report on the forthcoming UN climate talks. More...
6 November: Barack Obama’s victory in the US presidential election has been met with enthusiastic approval of environmental organisations that favour his approach to addressing climate change and developing a US emissions trading programme. More...
6 November: The UK’s competition to build a demonstration carbon capture and storage plant is under pressure, after oil and gas giant BP has pulled its bid and RWE npower announced it is seeking a High Court appeal of the government’s decision to exclude it from the shortlist. More...
6 November: China’s Industrial Bank has become the country’s first financial institution to sign up to the Equator Principles, a landmark voluntary code for managing environmental and social risk in project finance deals. More...
6 November: Climate Change Capital has formed a team to focus on land and water resources in the context of climate change and other environmental issues. More...
6 November: Citizens in three US states this week cast their votes on state-level renewable energy initiatives, but only one was successfully voted through. More...
6 November: Citi Investment Research retained its position as the leading brokerage firm for socially responsible investment research in the UK Sustainable Investment Forum and Thomson Reuters Extel awards. More...
6 November: Toyota Motor Europe’s production sites reached their 2010 environmental targets three years early, according to the firm’s 2007 sustainability report published last month. More...
6 November: Brazil's state-owned oil company Petrobras is investigating an unusual potential source of energy, besides oil deposits deep in the Atlantic Ocean – sewage. More...
30 October: Voting has opened in the Environmental Finance and Carbon Finance market survey – the most closely watched survey of the world’s environmental markets. More...
30 October: Discussions on a new global agreement to tackle climate change should be completed in time to meet an end-of-2009 deadline, according to the US’ chief climate change negotiator. More...
30 October: The UK government on Tuesday passed its landmark Climate Change Bill, including amendments that will require companies to report on their greenhouse gas emissions from 2012. More...
30 October: Two leading sustainability index providers – the FTSE Group and KLD Indexes – have entered into a strategic partnership which will include a rebranding exercise early next year. More...
30 October: Responsible investment will account for between 15-20% of global assets under management by 2015 and generate revenues of around $50 billion, according to a report by Robeco and Booz & Company. More...
30 October: UK commercial property investors are increasingly considering the sustainability of their stock, but few are actually using sustainability information in investment appraisals, according to a survey. More...
30 October: Investors are urging the US Securities and Exchange Commission to require improved climate risk disclosure and integrate information about environmental, social and governance risks into mandatory SEC filings. More...
30 October: An index tracking blue-chip European companies with the lowest carbon dioxide emissions in their sector was launched this week, by NYSE Euronext and BNP Paribas Asset Management. More...
21 February: Agricultural improvements and technology developments should ensure a commercially viable future for biofuels that are sustainable in terms of their impact on food prices and the climate, UK Members of Parliament were told this week. More...
23 October: The UN Environment Programme has launched a ‘Green New Deal’ initiative, which it hopes will give governments the tools to perform an environmental overhaul of their economies. More...
23 October: Investments in clean energy and green technology funds are rising sharply and should continue growing at a rapid pace despite the global financial crisis, investment experts say. More...
23 October: Governments should take a climate-friendly approach to stimulating their economies in the coming years as they cope with a likely recession, according to a paper from Deutsche Asset Management. More...
23 October: The UK boasts more offshore wind capacity than any other country, with 597MW already installed. More...
23 October: The European Commission has called for a target to halt global deforestation by 2030, to be delivered partially through a ‘Global Forest Carbon Mechanism’, under a post-2012 climate agreement. More...
23 October: The crisis in the world’s credit markets is accelerating a shift in investment from today's biofuels towards biofuel production technologies still in development, according to a business adviser. More...
23 October: The October issue of Carbon Finance is now available, including the latest on how the credit crunch is affecting the carbon market. More...
16 October: Masdar has taken a 20% stake in the London Array, the UK’s flagship offshore wind farm that is due to begin operating in 2012. More...
16 October: The EU’s emissions log connected to the UN’s International Transaction Log today, more than a year after it was originally planned, offering some much-needed relief for the European carbon market. More...
16 October: The UK government is under pressure to force RBS into accepting stricter environmental investment criteria as part of its bail out of the bank.
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16 October: Canada’s Conservative Party, which has consistently received low marks on environmental issues, expanded its position as the ruling party after securing more than a third of the popular vote in Tuesday’s federal election. More...
16 October: US ethanol producer Verasun Energy is likely to be sold thanks to projected hedging losses of up to $103 million. More...
16 October: The Australian Securities Exchange is planning to list futures and options contracts for renewable energy certificates and carbon pollution permits and also has ambitions to service New Zealand's emissions trading scheme.
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Carbon Finance9 October: Members of the European Parliament’s environment committee refused to bow to industry pressure to weaken the Commission’s proposals for the EU Emissions Trading Scheme after 2013 – backing full auctioning and taking a tough line of use of carbon offsets from outside the bloc. More...
9 October: The financial crisis and a wider economic slowdown will be “on balance” positive for efforts to tackle climate change, and for the prospects for an international agreement, according to Nicholas Stern. More...
9 October: The World Bank Group’s claim that it increased funding for renewable energy and energy efficiency projects by 87% is misleading because of the inclusion of large-scale hydropower projects and funding provided by a separate entity, say environmental observers. More...
9 October: After a contentious battle in Congress, lawmakers extended production tax credits for renewable energy, relieving fears that the industry would grind to a halt. More...
9 October: The UN Principles for Responsible Investment is to amalgamate with the Enhanced Analytics Initiative, opening up the latter’s research on ‘extra-financial issues’ to a wider audience. More...
9 October: Credit Suisse has parted company with its environmental business group, in what the two parties describe as a “friendly spin out”. More...
9 October: The US government has unveiled a National Biofuels Action Plan to quadruple the production of biofuels by 2022, with measures that included a promise of up to $250 million in loan guarantees for refineries. More...
9 October: The Climate Group has begun an initiative to help the financial sector tackle climate change. More...
9 October: The latest issue of Environmental Finance is now available, featuring news and analysis of how the worsening credit crunch is likely to affect environmental markets. More...
2 October: Renewable energy groups are increasingly optimistic that the US Congress will extend production and investment tax credits, after the Senate voted in favour of a revised economic bailout plan to which the provisions had been attached. More...
2 October: Venture capitalists have poured record amounts into clean-tech this year, according to two reports, and investment in the sector has accelerated despite the credit crunch.
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2 October: The European market for sustainable and responsible investment was worth €2.7 trillion ($3.7 trillion) in 2007, according to figures released on yesterday by the European Sustainable Investment Forum. More...
2 October: Industrialised nations led by the US, UK and Japan have committed a total of $6.1 billion to two ‘climate investment funds’, established by the World Bank in July, to help developing countries reduce greenhouse gas emissions and adapt to climate change. More...
2 October: Swiss Re is to provide risk capacity to CelsiusPro, a recently-launched weather risk management company based in Zurich, it announced this week. More...
2 October: Governments must adopt better policies to encourage the deployment of renewable energy, the International Energy Agency said in a report analysing the performance of 35 countries.
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2 October: A joint venture by US utility company Duke Energy and French power company Areva said that it would spend up to $2.6 billion building up 13 wood-fuelled power plants in the US. More...
2 October: Spanish oil and gas company Repsol YPF published its 2007 corporate responsibility report this week, revealing a 1.6% rise in absolute greenhouse gas emissions.
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25 September: Anticipation of climate change regulation in the US is driving major US companies to voluntarily disclose their risks and mitigation strategies, but there is concern that underlying economic woes could steal some of the momentum from climate change initiative. More...
25 September: Chinese commercial banks should establish environmental reporting, management and risk evaluation systems, says a report by the country’s central bank. More...
25 September: Companies in some sectors risk losing up to 65% of their value if they fail to adapt to climate change, according to a report by the Carbon Trust. More...
25 September: The world’s first commercial wave power plant opened in Portugal this week, supplying enough energy for 1,500 homes. More...
25 September: A US Senate committee has proposed extending the country's biodiesel production tax credits for another year to the end of 2009. More...
18 September: The credit crisis is slowing the growth of renewable energy and over-inflated asset prices are threatening to create ‘sub-prime’ effects in the market, according to financiers in the sector. More...
18 September: Insured losses from Hurricane Ike could reach $18 billion in the US alone, according to some estimates. More...
18 September: After several failed attempts, momentum is building in the US Senate for extending the crucial production tax credit for renewable energy and investing billions in clean energy projects and technology. More...
18 September: A strong set of interim results for Climate Exchange, the London-listed company that owns two leading carbon exchanges, has halted a share price slide that was prompted by the banking crisis. More...
18 September: A sectoral approach would have a “clear environmental benefit” in reducing global greenhouse gas emissions, UN climate change chief Yvo de Boer told Carbon Finance. More...
18 September: An Israeli-led consortium is to launch a venture that will explore the potential to grow castor plants in Namibia as a biodiesel feedstock. More...
18 September: The September issue of Carbon Finance is now available, including the latest on negotiations for a successor climate change agreement to the Kyoto Protocol. More...
11 September: The UN climate change meeting to be held in Copenhagen next year is the “most important gathering since the Second World War”, according to Nicholas Stern, author of the influential Stern Review on the economics of climate change. More...
11 September: Two asset managers have lost £175 million ($307 million) in mandates for the pension fund of the UK’s Environment Agency, partly because they have not signed up to the UN’s Principles for Responsible Investment. More...
11 September: A Liberal Party of Canada victory in next month’s federal election could propel the implementation of a national cap-and-trade system with a hard cap on absolute emissions and a carbon levy – initiatives opposed by the current Conservative government. More...
11 September: European parliamentarians today voted overwhelmingly in favour of introducing binding national renewable energy targets to enable the EU to reach its target of producing 20% of its energy from renewable sources by 2020. More...
11 September: Société Générale, Sony and Proctor & Gamble were among the companies dropped from the Dow Jones Sustainability Index family, during an annual review which also saw Portuguese utility EDF added. More...
11 September: Brazilian company Integrated Biodiesel Industries is to invest $1.4 million in a facility in Argentina that will employ a new, low-cost process to convert soya bean oil into up to 50,000t/year of biodiesel. More...
11 September: Sustainable Asset Management has announced the winners of its annual sustainable leadership awards. More...
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