Online News 18 March
CER market grinds to a halt, exchanges suspend trading (from Carbon Finance)
18 March: The market for secondary certified emission reductions (CERs) has seized up, following confirmation that credits previously used for compliance in the EU Emissions Trading Scheme have been sold back into the market – prompting two exchanges to suspend CER trading. More…
EPA climate rules will identify targets for litigation, lawyers warn
18 March: A more activist US Environmental Protection Agency, in trying to curb greenhouse gas emissions, is creating regulatory risks for companies that could trigger disclosure obligations, legal experts warned this week. More…
Renewables investment to breach $200bn in 2010?
18 March: New investment in clean energy is set to recover to at least $175 billion-200 billion this year, according to projections from Bloomberg New Energy Finance. More…
1.2GW of wave and tidal power for Scottish waters
18 March: Around 1.2GW of wave and tidal energy projects could be built in Scotland by 2020, as the UK ’s Crown Estate this week named the winners of leases to 10 sites in Pentland Firth and Orkney Waters. More…
Waste collection and recycling market worth €300bn – report
18 March: The world market for waste, from collection to recycling, is worth about €300 billion ($410 billion) a year, according to a report commissioned by environmental services firm Veolia. More..
Threadneedle targets £350m for low-carbon property fund
18 March: UK investment management firm Threadneedle has launched a fund that will invest in low-carbon commercial property in the UK , aiming to raise £350 million ($534 million) from institutional investors within three years. More..
Clean energy grows, but solar revenues dip
18 March: Combined global revenues for wind power, biofuels and solar photovoltaics grew 11.4% last year, to reach $139.1 billion, according to Clean Edge’s annual report on clean energy trends. More…
Investor groups call for more transparency from oil & gas sector
18 March: Oil and gas companies need to provide investors with better information on how they are managing climate change risks, according to three leading institutional investor groups. More…