Archive

  • Babcock & Brown pitches 2.2GW of wind assets.

    01 May 2008

    Babcock & Brown Wind (BBW) Partners has put up for sale 2.2GW of European wind energy assets, and has appointed Deutsche Bank and JP Morgan to advise on the disposal of some or all of the portfolio.

  • Electricity users, generators at odds over ETS

    01 May 2008

    The International Federation of Industrial Energy Consumers (IFIEC) is calling for an overhaul of the EU Emissions Trading Scheme (ETS), moving away from auctions of allowances towards free allocations based on a system of 'benchmarking' – a proposal slammed by generators.

  • solar index launched

    01 May 2008

    MAC Indexing has launched an index to track global solar energy stocks.

  • People moves this month

    01 May 2008

    ANDREI MARCU, former president and chief executive of the Inter­national Emiss­ions Trading Assoc­iation (IETA), has been appointed CEO of Paris-based carbon trading exchange Bluenext. Marcu spent seven years heading IETA and announced last July he was to join the World Business Council for Sus­tainable Development as senior managing director of energy and climate. Prior to IETA, he worked at the UN Development Programme and Ontario Hydro. Bluenext is Europe's leading spot market for EU allowances and is jointly owned by NYSE Euronext and Caisse des Dépôts.

  • ANZ to follow SAM

    01 May 2008

    Australia and New Zealand Banking Group (ANZ) has launched a wholesale, capital-protected investment trust focusing on climate change.

  • Global food crisis threatens EU biofuels target

    01 May 2008

    The European Commission's target to use 10% biofuels in petrol and diesel by 2020 has come under pressure from rocketing food prices and shortages in developing countries.

  • China issues environmental insurance, securities diktats

    01 April 2008

    China's State Environmental Protection Agency (SEPA) has issued 'green insurance', 'green securities' and 'green trade' regulations, three of five expected 'green economic' schemes. The regulations are part of an ongoing policy shift from "top-down, administrative means" towards bottom-up, market-based solutions for China's environmental problems – but observers question the degree to which the agency will be able to enforce the new rules.

  • New standards to boost NOx market

    01 April 2008

    The US Environmental Protection Agency (EPA) has lowered the eight-hour ground-level ozone standard to 0.075 parts per million (ppm) from 0.08 ppm, a move expected to have significant implications for new power sources and other emitters of ozone-creating nitrogen oxides (NOx).

  • Auction roils SOx market

    01 April 2008

    Prices for US sulphur dioxide (SO2) allowances under the acid rain control scheme slumped at the end of March, following the annual Environmental Protection Agency (EPA) auction – in which compliance buyers were conspicuously absent.

  • Clean Edge sees $250bn clean energy market

    01 April 2008

    Clean Edge predicts that the market for clean energy will grow to $254 billion/year within the next ten years, after hitting $77 billion in revenues in 2007.