News

• California's transportation sector over-complying with low-carbon fuel standard – ARB

  04 February 2013

  Regulated transportation companies are over-complying with California's low-carbon fuel standard (LCFS), but potential shortages in future years remain a concern, according to a report by the state's Air Resources Board (ARB).

• Latest shots in solar war fired by US manufacturers

  04 February 2013

  A coalition of solar manufacturers has launched an appeal against what they claim to be a major loophole in penalties on Chinese solar imports to the US.

• Chu to step down as head of US Department of Energy

  01 February 2013

  Secretary of Energy Steven Chu has said that he will step down from his position as head of the US Department of Energy (DOE), as expected.

• Carbon to collapse below €1 if backloading is not agreed – analysts

  01 February 2013

  Carbon prices could fall below €1 ($1.37) and average €2-3 this year if European governments reject a proposal to curb oversupply in the EU Emissions Trading System (ETS), according to analysts.

• Connecticut green bank launches solar PV finance competition

  01 February 2013

  Connecticut's green bank is launching a competition worth up to $10 million to spur investor interest in financing residential solar projects.

• Blue Energy to invest £250m after buying HgCapital's wind developer

  01 February 2013

  Renewables developer Blue Energy is to spend £250 million ($395.5 million) buying and developing private equity investor HgCapital's UK wind portfolio.

• Bluechips back WRI water risk tool

  31 January 2013

  The World Resources Institute (WRI) has launched an online mapping tool to help investors and companies assess how water risks affect their business – an initiative backed by General Electric, Goldman Sachs and Shell, among others.

• ASrIA appoints new general manager

  31 January 2013

  The Association for Sustainable & Responsible Investment in Asia (ASrIA) has appointed Jessica Robinson as its general manager.

• Global aviation deal could see $7 billion a year spent on offsets

  31 January 2013

  A market-based mechanism to curb emissions in the global aviation industry would raise some $7 billion a year by 2030, according to WWF, which believes an agreement on such a measure is "within reach".

• US wind industry celebrates record year

  31 January 2013

  US wind capacity has topped the 60GW mark after a record level of installations in the final quarter of 2012 ahead of the pending expiration of the production tax credit (PTC), according to the American Wind Energy Association (AWEA).