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SRI pioneer proposes Henderson SRI buy-out
23 November 2011Socially responsible investment (SRI) pioneer Tessa Tennant has said she would like to help convene a "rescue group" to buy out Henderson Global Investors' SRI fund management business, following the company's announcement that it is making its SRI team redundant.
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EU carbon price forecasts slashed
22 November 2011Growing fears about the EU's economy have prompted a new wave of downgrades of carbon price forecasts – but a prediction by UBS that prices could slump to €3 ($4.06) next year has elicited a rebuttal from a leading carbon market group.
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Prince's Mayday Network Annual Report
The 2011 Prince's Mayday Network annual report highlights the progress that companies across the UK are making towards managing and reporting on their environmental impacts.
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Coal power sinks Lynemouth aluminium smelter
22 November 2011Rio Tinto Alcan last week blamed the closure of its aluminium smelter in north-east England on a potential 10-fold rise in environmental costs from 2013.
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Sarasin names likely survivors in solar shake-out
22 November 2011First Solar, Suntech Power, Trina Solar and Solarworld are among the solar photovoltaic firms best positioned to survive the ongoing consolidation in the sector, according to a report from Bank Sarasin.
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Environmental finance goes global
22 November 2011Citi's new head of environmental finance sees a global market unfolding – and has an eye on the debt capital markets and retail investors to provide the money. He talks to Mark Nicholls
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German investor joins RWE's clean energy VC fund
22 November 2011Innogy Renewables Technology Fund I, a clean-energy venture capital fund, has boosted its resources to €115 million ($155 million) following additional investment by its founder, German energy giant RWE, and Hamburg-based investor Conetwork Erneuerbare Energien (CEE).
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Falling mandatory REC prices threaten solar developers
21 November 2011Sales of renewable energy credits in US compliance markets outstripped that country's voluntary market for the first time last year as states strove to meet their green electricity targets set by Renewable Portfolio Standards (RPSs).
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Chu defends Solyndra loan guarantee in five-hour testimony
18 November 2011The US Department of Energy (DOE) did not break the law when it restructured a loan guarantee for now bankrupt solar panel manufacturer Solyndra, Secretary of Energy Stephen Chu said, even though he acknowledged the US government is unlikely to recover much of its investment in the failed company.
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Green insurance agency instead of Green Investment Bank?
18 November 2011The UK would be better off creating a green insurance agency rather than a Green Investment Bank (GIB), according to a specialist in climate change risks.