News

• UK GIB hires managing director for waste and bio-energy

  04 October 2013

  The UK's rapidly expanding Green Investment Bank (GIB) has hired a new managing director for waste and bioenergy, whose remit will include helping to finance the emerging UK anaerobic digestion sector.

• Norway to buy 30 million offsets to rescue 'stranded' CDM projects

  03 October 2013

  Norway's ministry of finance has signed an agreement to buy up to 30 million carbon credits from projects that risk being discontinued because of low emissions prices.

• Boom in cookstove carbon credits as investors eye health and social benefits

  03 October 2013

  The number of carbon credits sold from clean cookstove projects more than quadrupled in 2012, according to a report, in a further sign that 'charismatic' carbon credits are gaining popularity with investors.

• Plans for two of Africa's biggest wind farms advance

  03 October 2013

  Ambitious plans to use renewable energy to help revolutionise Kenya's economy have been boosted by two significant break-throughs.

• India's eagerly-awaited 750MW solar auction 'expected soon'

  03 October 2013

  Activity in India's solar sector is set for a boost, as the government is expected to announce the eagerly-awaited second phase of its solar auction programme, after months of delay.

• Monsanto pays $1bn for weather risk firm

  03 October 2013

  Agribusiness giant Monsanto is to acquire The Climate Corporation, a provider of weather hedging services to arable farmers, for $930 million.

• IETA issues master agreement for California's carbon market

  02 October 2013

  The International Emissions Trading Association (IETA) has released its California Emissions Trading Master Agreement (CETMA) which aims to facilitate secondary market trading in the state's growing carbon market.

• Roenbeck takes the helm at EMA

  02 October 2013

  Joe Roenbeck, an energy trader at PSEG Energy Resources & Trade, has been appointed chairman of the Environmental Markets Association for a three-year term.

• Media giant invests $300m in first US solar plant with thermal energy storage

  02 October 2013

  A digital media firm has made a $300 million investment in a concentrated solar power (CSP) plant under development in Arizona with thermal energy storage.

• EU electrical waste market to reach $1.8bn in 2020, say analysts

  02 October 2013

  The European market for recycling waste electrical and electronic equipment (WEEE) is expected to reach $1.79 billion in 2020 from around $1.30 billion in 2012, analysts say.