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Environmental regulations grease wheels for another US utility merger
05 May 2011If regulators give the green light to a proposed merger of US utilities Exelon and Constellation Energy, the combined company will be in a better position to finance the continued transition to cleaner energy sources, which in the US goes beyond renewables to include natural gas and clean coal.
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Acquisition boosts Suez Environnement earnings nearly 30%
02 May 2011French water and waste firm Suez Environnement posted a nearly 30% rise in first quarter pre-tax earnings while revenue was up 14%, boosted by the acquisition of Spanish water and services group Agbar.
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CCS boost as $1.3bn Saskatchewan project gets nod
28 April 2011Canadian authorities have given the green light to a C$1.24 billion (US$1.3 billion) carbon capture and storage (CCS) demonstration plant in Saskatchewan, which aims to slash annual greenhouse gas emissions by around 1 million tonnes of carbon dioxide equivalent.
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Biofuels could meet a quarter of transport need without starving the poor – IEA
21 April 2011Global biofuel use could increase more than 13-fold by 2050 and meet more than a quarter of demand for transportation fuel, without jeopardising food and environmental security, the International Energy Agency (IEA) has said.
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EIB backs Latin American 'ecosystem enterprises' fund
21 April 2011The European Investment Bank (EIB) has joined a handful of socially responsible investors in backing an innovative fund that will invest in businesses that protect ecosystems.
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APX-Endex to launch wood pellet trading platform
20 April 2011Biomass power stations will be able to trade wood pellet futures on an exchange for the first time when APX-Endex launches future contracts later this year.
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TVA spends up to $5bn to dismiss lawsuits, comply with pollution regulations
20 April 2011The Tennessee Valley Authority (TVA) will spend up to $5 billion to settled alleged violations of the Clean Air Act - quickening the government utility's transition from coal-fired power to clean energy.
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Q1 clean energy investment slumps amid policy uncertainty
20 April 2011Global clean energy investment in the first three months of 2011 totalled $31.1 billion, a 34% slump on the previous quarter and down 10% on the corresponding period last year, according to Bloomberg New Energy Finance (BNEF).
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REDD report renews McKinsey cost curve criticism
14 April 2011A Greenpeace report which slams consultancy firm McKinsey & Company for its work advising rainforest countries such as Papua New Guinea, Indonesia, Congo and Guyana, has prompted renewed scrutiny of a key methodology used to assess carbon abatement.
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EU states 'over-confident' on bioenergy assumptions, say paper companies
13 April 2011Assumptions about the amount of energy that EU member states could obtain from forest biomass are overly optimistic, says the Confederation of Paper Industries (CEPI).