Investors weigh in on US renewables support
6 March: Leading investors have added their voices to the growing chorus of concern about the extension of key renewable energy tax breaks in the US. More…
BP Alternative Energy boss refutes sell-off rumours
6 March: The head of BP’s alternative energy division has denied rumours that the company is planning to divest its renewable energy business. More…
OECD report warns environmental action urgent, but affordable
6 March: The Organisation for Economic Cooperation and Development yesterday offered a stark warning that tackling global warming and other environmental hazards demands urgent action. More…
Sakhalin abandons petition to UK and US export credit agencies
6 March: The consortium behind the much-criticised Sakhalin II oil and gas project in Russia has withdrawn applications for support from the US and UK export credit agencies, citing their drawn-out and uncertain timetable for decision making. More…
Researchers claim Europe’s 10% biofuels target is not green (from Bioenergy Business
)
6 March: The European Commission’s target for biofuels to account for 10% of transportation fuels by 2020 is unlikely to cut greenhouse gas emissions greatly and should be reconsidered, according to a study presented to the European Parliament. More…
UK adds to mounting tensions over EUA issuance delays (from Carbon Finance)
6 March: A decision by the UK government to delay the issuance of 2008 EU allowances until the EU’s Community Independent Transaction Log is linked to the UN’s International Transaction Log has added more fuel to an already-raging fire in the European emissions market over this year’s allocations. More…
Imperial Tobacco unwraps CR report
6 March: Imperial Tobacco, the world’s fourth largest cigarette company, has published its fifth annual corporate responsibility review. More…