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Plan to slash UK solar tariff will 'stall' sector
18 March 2011Deep cuts to the feed-in tariffs (FITs) that solar photovoltaic (PV) installations can earn in the UK were proposed today by the Department of Energy and Climate Change (DECC).
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Green bonds to help Chicago meet goals?
18 March 2011The City of Chicago is inviting proposals to develop a green bond programme, with transparent market standards and a potential demonstration project, to attract institutional investment for its energy efficiency and renewables goals.
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Going, going, gone...
17 March 2011European Energy Exchange's Tim Greenwood says Europe's carbon exchanges are looking forward to increased auctioning and new overseas markets, following closure in the wake of carbon allowance thefts Christopher Cundy reports
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Juno Mother Earth hedge fund founders sued by SEC
17 March 2011Two founders of a clean energy hedge fund are being sued by the US Securities and Exchange Commission for allegedly defrauding clients and "failing to comply with fiduciary obligations".
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Nikko raises £400m into World Bank green bond funds
17 March 2011Nikko Asset Management has raised £400 million ($646 million) into funds that invest in 'green' bonds issued by the World Bank.
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'No excuses' for weather affecting profits, says UK insurance broker
17 March 2011A UK firm has begun offering insurance that will compensate companies for when the wrong kind of weather hits.
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Water a more immediate risk to companies than carbon - analysts
17 March 2011Water risks present more of an immediate challenge to global corporations than carbon, but awareness about water issues among investors and companies is lower, experts said.
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Scottish homeowners offered interest-free loans to install renewables
17 March 2011Homeowners in Scotland will be able to tap interest-free government loans to install renewable heat and electricity generators, the government announced last weekend.
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Eaga closes £300m in funding for residential solar programme
17 March 2011Energy outsourcing company Eaga has raised £300 million ($480 million) in debt and equity financing for a programme to install up to 100MW of solar photovoltaics on 30,000 residential buildings in the UK, it announced today.
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FTSE4Good expands to Korea, Israel, sacks seven firms
17 March 2011Seven companies – including Oracle and Home Depot – have been removed from the FTSE4Good index series in its latest semi-annual review, which also sees the series expand to include Israeli and South Korean companies.