Emissions
Citi names new global commodities head
Stuart Staley has taken over as Citigroup’s global head of commodities, as the bank aims to boost the business by 30-40% over the next three years.
Obama boosts biofuels and clean coal
US President Barack Obama has announced a series of measures designed to boost biofuel production and reduce US dependence on foreign oil.
US budget drops fossil fuel subsidies
US President Barack Obama has used his 2011 budget to call for an end to fossil fuel subsidies, apportioning funds to the clean energy sector instead.
Markey: Climate bill by end of 2010
President Barack Obama will have a new clean energy bill to sign by the end of the year, according to US congressman Edward Markey.
RGGI lawsuit settled
A challenge to the legality of the Regional Greenhouse Gas Initiative (RGGI) has been settled, according to a statement from the New York State organisations involved.
Energy Risk Environmental Rankings 2009
Energy Risk carried out its second annual Environmental Rankings survey this year in which respondents voted for their preferred players in emissions & renewables markets. Katie Holliday analyses the results and talks to market participants about their…
World Bank sells CERs through Bluenext
The Adaptation Fund of the World Bank will sell Certified Emission Reductions (CERs) through Paris-based exchange Bluenext, it announced last week.
EEX wins primary auction contract for German EUAs
The European Energy Exchange (EEX) will run the primary auction for European emission allowances (EUAs) in Germany on behalf of the German Federal Ministry for the Environment starting in January 2010.
GE announces CCS deal
GE Energy has signed a technology licensing agreement with Hydrogen Energy International (HEI) for a proposed 250-megawatt power plant, which would be designed to capture up to 90% of its carbon dioxide emissions.
An ethical Investment
Earth Capital Partners - the newly formed sustainable development investment business - plans to raise $5 billion over the next five years to invest in global SD projects. Katie Holliday talks to partner Ben Cotton and chief executive officer Rufus Warner
Emission control
Bakony Power’s Hungarian Ajka plant needed a vital upgrade, but bank loansand bond issues were not forthcoming. Now forward sales of carbon credits havegiven the plant a death-row pardon. By James Ockenden
US coal trading picks up steam
While the coal market awaits pricing indexes to reinvigorate trading, emissions trading is getting a boost from increased coal burning. Catherine Lacoursière reports