Environment-Renewables
Better prospects
Russia offers better prospects for industry to develop and far more investment opportunities than is widely recognised, writes Pavel Ulianov of Russian metal giant Rusal
Nuclear launch at Tullett Prebon
Inter-dealer and energy broker Tullett Prebon has launched a nuclear fuel derivatives desk, adding to its presence in the power, gas, oil, coal and emissions markets.
Nymex partners Ardour for alternative energy index futures and options
The New York Mercantile Exchange (Nymex) has signed an agreement with Ardour Global Indexes, a developer of benchmark indexes for the global alternative energy industry, to introduce alternative energy index futures and options contracts.
Juice Energy secures investment
Recently formed US power retailer Juice Energy has announced that it has secured significant capital commitments from a high-calibre group of investors.
Powernext to launch spot contract for CERs
French energy exchange Powernext and financial institution Caisse des Dépôts are working together to launch the first exchange-traded spot contract for certified emissions reduction (CER) credits
RWE npower plans £1bn clean coal power station in UK
RWE npower today set out plans for a 1,600 megawatt (MW) clean coal power station to replace its existing coal-fired station in Tilbury, Essex, UK
Exclusive – Gore calls for 2010 climate change treaty
Former US vice-president, Al Gore, today called for a new climate change treaty, which would bring the US and China on board, to come into force at the start of 2010
CO2e.com and Cantor Environmental Brokerage join forces
Carbon broker CO2e.com and Cantor Environmental Brokerage announced today that they are joining forces to create CantorCO2e
Point Carbon survey shows EU ETS ‘significantly’ reducing emissions
Global carbon markets in 2006 saw transactions of 1.6 billion tonnes of carbon dioxide equivalent (CO 2 e) worth €22.5 billion, according to environmental market analyst and information provider Point Carbon, who has just completed a survey of the carbon…
TXU agrees to record $45 billion buyout
The board of TXU Corp, the Dallas-based energy company, has agreed to a $45 billion takeover by private equity firms Kohlberg Kravis Roberts, Texas Pacific Group and Goldman Sachs, the investment bank.
Leaders reach carbon agreement
Delegates at the G8+5 Climate Change Dialogue forum in Washington have agreed in principle to the setting up of a global cap-and-trade market for carbon emissions, similar to the EU Emissions Trading Scheme
Climate change: FSA warns of risk, predicts opportunities
The Financial Services Authority (FSA) has stated in its Financial Risk Outlook 2007 report that climate change poses “considerable risks and challenges to the financial sector”.
Energy dominates Union address
President George Bush has set out bold plans for renewable energy in his annual State of the Union address.
Energy dominates State of the Union address
US President George Bush has set out bold plans for renewable energy in his annual State of the Union address.
Energy dominates Union address
US President George Bush has set out bold plans for renewable energy in his annual State of the Union address, but experts question whether they are realistic.
Goldman Sachs doubles stake in Climate Exchange
Shares in Climate Exchange, the UK-listed company that owns the European Climate Exchange (ECX) and the Chicago Climate Exchange, rose by around 5% after the company disclosed that US investment bank Goldman Sachs has doubled its stake to 19%.