News

• US government steps back up for carbon capture

  18 June 2009

  The US government has resurrected the FutureGen Project – a major carbon capture and sequestration (CCS) pilot – although its future remains far from certain.

• Biofuel funding flow switches to new technologies

  17 June 2009

  Biofuel funding flow switches to new technologies

• Triodos scoops up sustainable bank of year award

  11 June 2009

  Triodos Bank was last week named sustainable bank of the year, the first time a specialist ethical bank has won the annual award given out by the International Finance Corporation (IFC) and the Financial Times. Standard Chartered was named runner up.

• Xstrata reports emissions increase in 2008

  11 June 2009

  Greenhouse gas emissions by Xstrata, the coal and metals mining giant, rose 7% in 2008 while the carbon intensity of its operations rose by 8%, but the company remains on track to meet its 2010 target for emissions intensity.

• Cox to retire as head of BP's alternatives

  11 June 2009

  BP's head of alternative energy, Vivienne Cox, is to retire from the company after four years of leading the division.

• Greens gain, but centre-right dominates, in EU elections

  11 June 2009

  The European Greens have heralded their increase in seats in last week's European Parliament elections, but with the centre-right parties as the dominant players, it looks unlikely that Europe's politicians will emerge with a stronger line on climate change in time for the UN's Copenhagen summit on climate change in December.

• Public sector must lead way on climate finance – China

  11 June 2009

  Governments from developed countries must lead the way on finance for climate change adaptation, mitigation and technology transfer, said a negotiator for China today at UN climate talks.

• Airlines promise cap on emissions from 2020

  11 June 2009

  Airlines have committed to a global cap on their carbon emissions in 2020, the International Air Transport Association (IATA) announced on Monday, but environmentalists slammed the group's lack of ambition.

• Investors warned on biodiversity risk in key sectors

  11 June 2009

  Investors have been warned of the "critical risks" to key sectors from biodiversity and ecosystem loss, in a report by the European Sustainable Investment Forum (Eurosif) and sustainable ratings agency Oekom Research.

• IFC lends Tanzania wood and energy project $18m

  10 June 2009

  The International Finance Corporation (IFC), part of the World Bank, is to lend Norwegian bioenergy and forestry firm Green Resources $18m for a $64.3m project in Tanzania to plant 8,000 hectares of forest for wood and energy.