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Philips 'green' sales reach €4 billion
01 March 2007Royal Philips Electronics has reported €4 billion of sales last year of its 'green' products, such as energy efficient lighting and televisions.
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FTSE4Good sets out climate criteria
01 March 2007Companies will have to meet a new set of climate change criteria or face expulsion from the FTSE4Good socially responsible investment (SRI) index family. Criteria include developing a climate change policy, emissions disclosure, and emissions reduction targets.
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China struggles to boost energy efficiency
01 February 2007China is losing the battle to improve the poor energy efficiency of its factories and power stations – despite increasing official recognition that the country has paid an appalling environmental price for its dramatic economic growth.
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Climate changes in Congress, despite Bush
01 February 2007President George Bush made a brief mention of global warming in his State of the Union address, but legislators are not awaiting his cue as they introduce a flurry of bills on greenhouse gases and biofuels.
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Calvert ramps up activism
01 February 2007Real estate developers are among the companies to be targeted by US asset manager Calvert, as it steps up its shareholder activism in 2007.
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Canada promises renewable cash
01 February 2007Canadian Prime Minister Stephen Harper and three of his cabinet colleagues announced three major climate change initiatives in January, committing some C$2 billion (US$1.7 billion) for rebates for home energy efficiency measures, renewables and clean energy research.
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California to brake transport fuel emissions
01 February 2007California is to establish a low-carbon fuel standard (LCFS) to reduce the carbon intensity of vehicle fuels by at least 10% by 2020, compared with current levels. Fuel providers will be able to use emissions trading to meet their compliance targets.
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Broader, deeper – and less risky?
01 February 2007Hurricane Katrina helped whip up the catastrophe bond market in more ways than one. Donald Thorpe looks at how the market is evolving
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The Chicago school
01 February 2007The Chicago Climate Exchange blazed a trail for greenhouse gas emissions trading when many in the US were indifferent. But has its voluntary approach outlived its usefulness? Ray Pospisil reports
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Putting shareholders first
01 February 2007In early February, just after this issue of Environmental Finance went to press, the world's leading climate scientists were due to meet in Paris to put the finishing touches to the 4th Assessment Report from the Intergovernmental Panel on Climate Change (IPCC).