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Electricity users, generators at odds over ETS
01 May 2008The 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.
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solar index launched
01 May 2008MAC Indexing has launched an index to track global solar energy stocks.
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People moves this month
01 May 2008ANDREI 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.
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ANZ to follow SAM
01 May 2008Australia and New Zealand Banking Group (ANZ) has launched a wholesale, capital-protected investment trust focusing on climate change.
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Global food crisis threatens EU biofuels target
01 May 2008The 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.
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Environmental liabilities go to market
01 May 2008Greg Rogers considers how market-based valuation of environmental liabilities will begin to impact business mergers and acquisitions
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Building the investment case
01 May 2008A new report from IUCN and Shell calls for the creation of a 'biodiversity business facility' to help build a market – and the more active participation of the environmental finance community, says Francis Vorheis
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A climate change share price boost?
01 May 2008Does making a commitment to tackling carbon emissions translate into a share-price premium? Paul Bowden and Stefan Altenschmidt explain a new index that attempts to find out
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The biofuels baby
01 May 2008Eighteen months ago, they were expected to save the planet. Now, they are going to starve it to death. The crescendo of criticism that biofuels have come in for in recent months has become deafening.
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Another look at additionality
01 May 2008Eron Bloomgarden and Mark Trexler argue for a top-down approach to assessing carbon offset project additionality