Reid schedules utility-only bill for Senate debate

Reid schedules utility-only bill for Senate debate
US Senate Majority Leader Harry Reid plans to introduce legislation for a carbon trading system covering only electric utilities for debate on the Senate floor in late July. More >>>

Chinese green sector surges as Europe suffers in Q2
Mixed fortunes have dogged the clean-tech and clean energy sectors in the second quarter of 2010, according to latest figures from Bloomberg New Energy Finance and VB/Research. More >>>

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Business should not overestimate costs of internalising biodiversity – IUCN
The global costs of protecting biodiversity are unlikely to be onerous and should not deter businesses from ‘internalising’ what are currently external costs, according to a leading conservation economist. More >>>

PACE bond supporters fight back against Freddie and Fannie
Supporters of innovative bond programmes funding energy efficiency and renewables in the US are fighting back against a decision by federal regulators that threatens to derail them. More >>>

US renewables loan guarantees need revamp – GAO
The US Department of Energy’s loan guarantee programme for innovative energy projects is in need of a major procedural revamp, according to a Congressional watchdog. More >>>

Theolia back from brink as investors stump up
Beleaguered French renewable energy company Theolia has raised €60 million from a rights issue that will allow the company to complete a drawn-out financial restructuring. More >>>

Clean energy infrastructure a ‘good match’ for pension funds
Investments in European renewable energy infrastructure are a good choice for pension funds and insurance companies because they provide a good match with their liability profiles, said Joost Bergsma, CEO of BNP Paribas Clean Energy Partners. More >>>

Envirogen raises $50m from institutional investor
Water firm Envirogen Technologies has secured $50 million in equity financing from an institutional investor. More >>>

Rio Tinto enters biodiversity agreement with conservation group
Mining behemoth Rio Tinto has joined forces with a global environment group, signing a three-year agreement which aims to improve the miner’s environmental performance and promote understanding of the business challenges faced by the resources sector. More >>>