Renewable Energy Group IPO misses target

kristyGreen Prosperity, SRI/ESG News

Renewable Energy Group IPO misses target
Renewable Energy Group, the largest producer of biodiesel in the US, has raised $72 million in its initial public offering, only about two thirds of its target. More >>>

Growth in renewables not enough to constrain emissions
Renewable energy will grow almost four times faster than natural gas in the 20 years to 2030, but its share of the energy mix will remain small, according to BP, contributing to a 28% rise in greenhouse gas emissions. More >>>

Maximum impact
Tammy Newmark has proved it’s possible for investors to make money while saving the planet and alleviating poverty. She tells Christopher Cundy how

Bank of England should monitor carbon risk
The Bank of England should investigate how exposure to high-carbon industries puts the UK’s financial stability and long-term growth at risk, says a coalition of investors, academics and environmental groups. More >>>

Renewable energy fund raises $81m at first close
A Latin American renewable energy fund is on the cusp of its first close, having attracted a $30 million loan from the Inter-American Development Bank. More >>>

Rio+20 draft offers ‘bare bones’ of green growth manifesto
This year’s landmark Rio+20 conference could help underpin investor confidence in a shift to a more sustainable global economy – if elements in the recently released ‘draft outcome’ are developed, according to HSBC. More >>>

The smart grid investment opportunity
The roll-out of Europe’s smart grid and smart metering will create enormous demand for capital – and a substantial investment opportunity, says Hans Meissner

Climate talks ‘send important signals’ to investors
Institutional investors should continue to track the progress of international climate talks, despite limited progress since Copenhagen in 2009, according to a leading analyst. More >>>

Catastrophe fund to cover Thai insurance risks
Thailand’s insurance industry has devised a planned 50 billion bhat ($1.6 billion) natural catastrophe fund to provide coverage in the event of future disasters. More >>>

CDP, EDF receive Zayed Future Energy Prize
The Carbon Disclosure Project and Environmental Defense Fund were among the organisations which shared the $3 million Zayed Future Energy Prize in Abu Dhabi yesterday. More >>>