News

• China's solar sector set for stimulus

  01 May 2009

  China looks set to begin development of a domestic solar power generation industry, as Beijing prepares to roll out a renewable energy stimulus package with an emphasis on solar power, possibly this month

• CCFE lists REC futures

  01 May 2009

  The Chicago Climate Futures Exchange (CCFE) has listed renewable energy certificate (REC) futures, referenced to RECs to meet renewable portfolio standards (RPS) in Connecticut, Massachusetts and New Jersey and a 1,000MWh voluntary REC contract.

• Pro bono' efforts to target low-carbon projects

  01 May 2009

  A novel approach to help accelerate reductions of greenhouse gas emissions is being developed by London-based law firm Travers Smith and a group of like-minded UK companies.

• Guidelines drawn up to help finance energy efficiency

  01 May 2009

  A set of guidelines to help financial institutions evaluate the risks and quantify the benefits of energy efficiency investments has been launched by the Washington, DC-based non-profit Efficiency Valuation Organization (EVO).

• Congress lashes out at EPA over GHGs

  01 May 2009

  Several US federal legislators have used hearings on a draft energy and climate change bill to criticise the Environmental Protection Agency (EPA) for a proposed endangerment finding issued last month, which puts the EPA one step closer to regulating carbon dioxide (CO2) emissions.

• Curzon Park acquires £20m VC fund

  01 May 2009

  UK venture capital (VC) firm Curzon Park Capital has taken over management of a £20 million fund that invests in clean-tech companies.

• Inputs sought for 'Stern review' of nature

  01 May 2009

  A major study on the economic importance of nature is seeking business inputs.

• EPA sees CAIR replacement in two years

  30 April 2009

  The Environmental Protection Agency (EPA) hopes to have an emissions control programme to replace the rejected Clean Air Interstate Rule (CAIR) established in two years, according to a top EPA official.

• SEB sees more demand for World Bank climate bonds

  30 April 2009

  A third World Bank climate bond issue is in the wings, Environmental Finance has learned from the Swedish bank that has placed the previous two issues. And European investors are planning to buy further bonds once the currently high costs of swapping dollars with euros have fallen, according to Christopher Flensborg, a coordinator in SEB's capital markets team.

• HSBC hits €117m for 1st close of green infrastructure fund

  30 April 2009

  HSBC has raised €117 million ($156 million) of a targeted €500 million into its Environmental Infrastructure Fund.