News

• E&Y plans UK clean-tech expansion

  12 August 2010

  Ernst and Young (E&Y) is planning a major expansion of its UK clean-tech team, with plans to hire around 300 people in the coming years.

• CBI calls for energy reform by February

  12 August 2010

  A leading UK business group says £150 billion ($234 billion) of green investment will be at risk if the government fails to deliver key energy reforms within six months.

• US Chamber of Commerce dismayed at breakaway clean energy group

  12 August 2010

  More than two dozen local chambers of commerce in the US will join forces to advocate for market-based mechanisms to price carbon, much to the dismay of the national US Chamber of Commerce.

• CRC companies 'should be thinking about trading'

  12 August 2010

  UK companies registering for the CRC Energy Efficiency Scheme should be looking beyond registration to the management and trading of their emissions positions, according to a leading consultancy.

• PetroAlgae seeks to harvest up to $200m from US listing

  12 August 2010

  A US developer of 'micro-crop' technology to harvest algae for biofuels is planning a US initial public offering (IPO), which could raise up to $200 million.

• Ex-Im urged to end "fossil fuel binge", support renewables

  12 August 2010

  NGOs have accused the US Export-Import (Ex-Im) Bank of "systematic bias towards financing fossil fuel projects", as the export credit agency prepares to consider backing two giant coal-fired power plants.

• Chinese clean-tech stocks on the rise, says Ambrian

  12 August 2010

  Clean-tech investors should be shifting their allocation of wind and solar companies towards Chinese firms, as growing domestic demand risks marginalising their European peers, according to investment firm Ambrian.

• Subsidy concerns, competition depress renewables shares

  12 August 2010

  Uncertainty about state subsidies for renewable energy in Europe is weighing heavily on share prices of wind energy and solar companies, despite strong sales growth in the past year and expectations of further healthy growth.

• GRI backs sustainability accounting initiative

  05 August 2010

  A joint body "to create a globally accepted framework for accounting for sustainability" has been launched by the Global Reporting Initiative (GRI) and the Prince's Accounting for Sustainability Project (A4S).

• Banco de Galicia launches sustainable finance facility

  05 August 2010

  Argentina's Banco de Galicia y Buenos Aires is launching a $60 million facility to support environmental projects at small and medium-sized companies.