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Posts Tagged ‘carbon’

6 March 2009

Obama administration moves ahead on climate changep

In the face of a severe economic recession, President Obama twice last week reaffirmed his commitment to pursuing a mandatory cap-and-trade programme targeted at reducing greenhouse gas (GHG) emissions. While critics contend that such a system would drive up the costs of manufacturing and energy production, the President believes that cap-and-trade will not only help create thousands of green collar jobs, but also will generate significant amounts of revenue for the federal coffers, according to this article from law firm Weil, Gotshal and Manges.

16 January 2009

David Cameron unveils plans to create low carbon economy in UK

Leader of the Conservative Party David Cameron has unveiled plans to create a low carbon economy in the UK.

2 January 2009

Dulas receives £7m boost from UK DECC

The Department of Climate Change has unveiled a further £7m of funding for solar power, providing a much-needed boost for Welsh renewable energy company Dulas.

26 December 2008

2008 Renewable Energy Surveyp

This survey from the the Low Carbon Innovation Network (LCIN), identifies the challenges being faced by companies in the renewable energy sector and outlines the potential ways in which the government might develop the regulatory environment to catalyse appropriate market development and encourage innovation and investment in the sector.

23 December 2008

Role of forest carbon in emerging ecomarkets will be significant, report

Forest carbon is to play a significant role in emerging environmental markets designed to address climate change, despite the reluctance of some countries to accept forest carbon offsets, predicted environmental economics expert Ricardo Bayon.

15 December 2008

Australia to bring forward investment in renewable energy

Australian Prime Minister Kevin Rudd has announced plans to bring forward the full amount of the Renewable Energy Fund, around AUS$500m, for investment in the next 18 months.

12 December 2008

Historic EU climate deal delivers carbon capture, storage funding

EU leaders have agreed measures to deliver a unilateral commitment to reduce greenhouse gas emissions by 20 per cent by 2020 compared to 1990 levels. They also made a clear commitment to increase this target to 30 per cent in the context of an international climate agreement.

2 December 2008

Low Carbon Accelerator portfolio company RLtec signs smart grid contract with npower

Low Carbon Accelerator, an AIM-quoted investment fund specialising in low carbon products and services, has announced that one f its portfolio companies, RLtec, has signed a contract with energy company npower, for an initial customer roll-out in the UK of ‘Dynamic Demand', smart grid technology.

27 November 2008

BP, CAS team up to establish Chinese clean energy centre

Global energy company, BP and the Chinese Academy of Sciences (CAS) have established the Clean Energy Commericialisation Centre (CECC) in Shanghai, jointly investing approximately $73m in an effort to commercialise Chinese clean energy technologies.

25 November 2008

Clear Standards secures $4m venture funding

Clear Standards has secures $4m in Series A funding from Novak Biddle Venture Partners and Kinetic Ventures.

25 November 2008

Energy and infrastructure company Alstom joins Australian carbon capture initiative

Alstom will become a founding member of the Global Carbon Capture and Storage Institute; the brainchild of the Australian Government and the Prime Minister, Kevin Rudd.

20 November 2008

UK carbon revenue should fund clean energy, according to the Institute for Public Policy Research

The €72m estimated to be raised through the recent sale of the UK of carbon emissions allocation should be spent on initiatives to meet the UK's climate change obligations, according to independent think tank the Institute for Public Policy Research (ippr).

17 November 2008

Climate Change Capital to invest $732m in China

Climate Change Capital, an alternative investment manager focused on the low carbon economy is to invest up to $732m in China over the next three years, according to a report from Reuters.

12 November 2008

US venture capital firm Draper Fisher Jurvetson invests in Planet Metrics

Carbon footprinting start-up Planet Metrics has closed a $2.3m Series A financing round from angel investors and early stage venture capital firm Draper Fisher Jurvetson.

12 November 2008

Goldman Sachs to acquire majority of E+Co’s carbon offset portfolio

Investment bank Goldman Sachs has agreed to purchase the majority of non-profit investment company E+Co's carbon offset portfolio. Through the alliance, Goldman Sachs will help promote E+Co's activities in providing investment capital and support services to small, clean energy business ventures in developing countries, the company said.

11 November 2008

W2 Energy produces small scale biomass energy systems

US green energy power company W2 Energy has produced small scale biomass-to-energy systems, which will retail for $2.25m.

7 November 2008

Hague Corp completes merger with Solterra Renewable Technologies

Hague Corp has completed the planned reorganisation transaction with Solterra Renewable Technologies, resulting in Solterra becoming a wholly-owned subsidiary of Hague.

31 October 2008

NewNet Investor Profile, Peter Linthwaite, CT Investment Partnersp

Peter Linthwaite on energy efficiency, on incubating new technology start-ups, on the accelerated growth of the industry, on the importance of a favourable regulatory environment and on the death of AIM for new fundraising. CT Investment Partners finances emerging clean energy businesses. It specialises in identifying and investing in earlier stage technologies and management teams with the ability to create and deliver clean energy businesses.

28 October 2008

Climate Change Capital appoints Shaun Mays as CIO

Climate Change Capital, an investment manager focused on the low carbon economy, has appointed Shaun Mays as its CIO. Mays was formerly the chief executive of DeAm’s RREEF Infrastructure Investments.

27 October 2008

UK announces £100m green motoring initiative

UK Transport Secretary Geoff Hoon has announced a steps across Government to deliver a £100m commitment to accelerate the emergence of greener vehicles. As part of this, 100 electric cars will be provided in UK towns and cities to allow families and other motorists the opportunity to feedback the practical steps needed to make greener motoring an everyday reality.

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