EU needs 2030 greenhouse gas target – Oettinger

kristy Green Prosperity

EU needs 2030 greenhouse gas target – Oettinger
A ‘realistic’ legally binding target to cut greenhouse gas emissions needs to be agreed for 2030 if the EU is to achieve its ambitious aim of zero emissions by 2050, the EU energy commissioner Günther Oettinger said today as he launched the European Commission’s energy roadmap 2050. More >>>

US solar to see record year, followed by challenging 2012
The US solar sector is on course for a record year in 2011, but financing projects will be challenging in 2012 and beyond if the US cash grant programme is allowed to expire, solar experts warned. More >>>

Winners revealed in 12th annual Environmental Finance market survey
Environmental Finance and Carbon Finance have named the winners in their 12th annual market survey.

EU states risk missing bioenergy targets
Difficulties in sourcing adequate supplies of biomass mean that European countries could miss their renewable energy targets, according to Rabobank. More >>>

Bridges Ventures snags £72m for third fund
Bridges Ventures has announced a first close of £72 million ($111 million) for its third “sustainable growth fund”. More >>>

US lagging on ESG due to legal, fiduciary red herrings
The US is falling behind other countries and regions in integrating environmental, social and governance factors into mainstream investment decisions, largely due to perceived legal or fiduciary risks, experts said. More >>>

EDITORIAL: A deal in Durban
Mark Nicholls on what the ‘breakthrough’ at the UN climate talks really means

Energy efficiency, water dodge clean-tech challenges
Energy efficiency and water remain attractive sectors for sustainable investment despite the overall policy challenges for the clean-tech sector, according to experts. More >>>

Exchanges ill-equipped to drive climate change disclosure
Stock exchanges “lack tools, resources and expertise” to encourage listed companies to disclose climate change information, according to a white paper by the Carbon Disclosure Project. More >>>

Thailand SEC mulling derivatives to hedge water risk
Thailand’s Securities and Exchange Commission is studying the feasibility of developing contracts to help protect investors and local companies against the effects of flooding. More >>>