News

• Solyndra sues Chinese rivals for $1.5bn

  15 October 2012

  Solyndra is seeking $1.5 billion in compensation from three Chinese solar firms it says "entered into a conspiracy" to monopolise the US solar panel market.

• US-China tension could complicate climate efforts

  15 October 2012

  Political changes in both the US and China could potentially undermine the growth of the clean energy sector and the ability of the two countries to work together to transition to a low-carbon economy, according to foreign policy experts.

• Draft Equator Principles code 'too cautious'

  12 October 2012

  A proposed update to a voluntary code of practice for banks' project finance activities has been branded disappointing amid claims it fails to make a meaningful commitment to tackling climate change.

• EIB consults on energy lending policy

  12 October 2012

  The European Investment Bank (EIB) has opened a consultation on its lending policy for the energy sector, posing questions over its future commitment to renewables financing.

• PwC mulls ditching 2°C global warming target

  12 October 2012

  PwC is considering dropping the 2°C global warming target that underpins its assessment of international progress towards decarbonisation, in recognition of the decreasing likelihood of the crucial goal being met.

• PRI to simplify planned reporting requirements

  12 October 2012

  The Principles of Responsible Investment (PRI) is to ease its planned mandatory reporting requirements, following feedback from investor signatories that the framework was too complicated and presumptive, its chairman has said.

• CCS activity moves to China – report

  12 October 2012

  Several new early-stage carbon capture and storage (CCS) projects have been identified in China this year, but development of the technology needs to accelerate dramatically for global emission reduction targets to be met, according to a Global CCS Institute report.

• SolarWorld laments loophole in China solar tariff decision

  11 October 2012

  The US Commerce Department has created a "significant loophole" in failing to impose penalties on all Chinese solar imports, according to the coalition of US solar manufacturers that brought the original complaint.

• Air Liquide issues first major corporate SRI bond

  11 October 2012

  French industrial gas supplier Air Liquide has seen huge demand for a €500 million ($646 million) corporate bond with socially responsible investment (SRI) credentials.

• Emerging markets see 30% hike in responsible investments

  11 October 2012

  Responsible investors have increased their allocations to emerging markets by almost a third over the past three years, a new survey has revealed.