News

• US legislators move to rescue PACE programmes

  22 July 2010

  US legislators have introduced a bill to rescue innovative bond programmes to fund energy efficiency and renewables.

• Reid schedules utility-only bill for Senate debate (from Carbon Finance)

  15 July 2010

  US Senate Majority Leader Harry Reid (D-Nev) plans to introduce legislation for a carbon trading system covering only electric utilities for debate on the Senate floor in late July.

• Envirogen raises $50m from institutional investor

  15 July 2010

  Water firm Envirogen Technologies has secured $50 million in equity financing from an institutional investor.

• Chinese green sector surges as Europe suffers in Q2

  15 July 2010

  Mixed fortunes have dogged the clean-tech and clean energy sectors in the second quarter of 2010, according to latest figures from Bloomberg New Energy Finance (BNEF) and VB/Research.

• US renewables loan guarantees need revamp – GAO

  15 July 2010

  The US Department of Energy's (DOE) loan guarantee programme for innovative energy projects is in need of a major procedural revamp, according to a Congressional watchdog.

• PACE bond supporters fight back against Freddie and Fannie

  15 July 2010

  Supporters of innovative bond programmes funding energy efficiency and renewables in the US are fighting back against a decision by federal regulators that threatens to derail them.

• Rio Tinto enters biodiversity agreement with conservation group

  15 July 2010

  Mining behemoth Rio Tinto has joined forces with a global environment group, signing a three-year agreement which aims to improve the miner's environmental performance and promote understanding of the business challenges faced by the resources sector.

• Theolia back from brink as investors stump up

  15 July 2010

  Beleaguered French renewable energy company Theolia has raised €60 million ($76 million) from a rights issue that will allow the company to complete a drawn-out financial restructuring.

• Clean energy infrastructure a 'good match' for pension funds

  15 July 2010

  Investments in European renewable energy infrastructure are a good choice for pension funds and insurance companies because they provide a good match with their liability profiles, said Joost Bergsma, CEO of BNP Paribas Clean Energy Partners.

• Business should not overestimate costs of internalising biodiversity – IUCN

  15 July 2010

  The global costs of protecting biodiversity are unlikely to be onerous and should not deter businesses from 'internalising' what are currently external costs, according to a leading conservation economist.