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$250m PE fund targets undervalued assets
01 March 2009Unigestion is to launch an environmental private equity fund-of-funds that aims to take advantage of "the significant fall in the price of sustainability assets to levels not seen since 2004".
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More than $20bn on the table for carbon capture and storage
01 March 2009Governments worldwide have set aside more than $20 billion for carbon capture and storage (CCS) demonstration plants, according to a report from consultancy Emerging Energy Research (EER). This includes $11.6 billion in funding promised by the EU and $3.5 billion earmarked in President Barack Obama's stimulus package.
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Accor under fire for links with controversial logging firm
26 February 2009An NGO is calling for French hotel group Accor to end its involvement in a Malaysian hotel project owned by controversial logging firm Interhill.
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Certifier UL approves use of petrol pumps for 15% ethanol
25 February 2009After strong objections from the US ethanol lobby, a major product safety certification organisation has reversed course and agreed that standard petrol pumps can dispense safely petrol mixed with up to 15% ethanol.
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RiskMetrics acquires Innovest for $16 million
19 February 2009Financial research and advisory firm RiskMetrics is to buy Innovest Strategic Value Advisors, a leading environmental, social and governance (ESG) research company.
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Pictet hoping for €1 billion in 'megatrends' fund
19 February 2009Pictet is launching what it claims is a first-of-its-kind 'megatrends' fund that includes exposure to its water, clean energy and timber investment themes.
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Analyst expects CCS to surge following US stimulus package
19 February 2009Carbon capture and storage (CCS) has received a fillip from the US, with $3.5 billion earmarked in President Barack Obama's stimulus package for demonstration projects and growing support at the state level.
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US stimulus package provides large boost for biomass energy but little for biofuels
18 February 2009US biomass energy looks set to be a big beneficiary of the $787bn economic stimulus package signed this month by the US president Barack Obama but ethanol and biodiesel received limited support.
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Evian and Volvic to become 'plastic neutral' in UK
12 February 2009Danone Waters plans to make Evian and Volvic bottled water 'plastics-neutral' in the UK, through the use of recycled plastic.
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Vattenfall unveils SEK5.6bn switch to biomass fuel
11 February 2009Swedish utility Vattenfall is to spend SEK5.6bn ($670m) to convert two of its three Danish combined heat and power plants to run on biomass as well as coal, as part of a SEK82bn programme to reduce emissions in the Nordic region.