Environment-Renewables
Renewables set to lose out as Energy Bill stalls in Senate
US Republicans have forced Democrat supporters of the Energy bill to drop a controversial tax provision that would have cut tax breaks to major oil companies in an effort to boost spending on renewables.
Nymex Launches Green Exchange
Nymex Holdings, the parent company of the New York Mercantile Exchange (Nymex), is to form a new exchange trading environmental futures, options and swaps contracts.
Barclays launches global carbon index
Barclays Capital, the investment banking arm of Barclays Bank, has launched the Barclays Capital Global Carbon Index (BGCI) which tracks the performance of the carbon credits associated with major global greenhouse gas emissions trading schemes.
NYSE Euronext to acquire Powernext Carbon
NYSE Euronext has reached an agreement with French energy exchange Powernext to acquire Powernext Carbon, the company's emission permit division, as part of its plan to set up an international carbon market.
US Senate halts progress of energy bill
A package of energy measures passed by the House of Representatives Thursday stalled in the Senate Friday because of opposition to two key provisions.
BarCap launches global carbon index
Barclays Capital has unveiled an index intended to be a benchmark for the rapidly growing carbon-trading markets.
Barcap launches global carbon index
Barclays Capital has launched a global carbon index, which tracks the performance of carbon credits in major emissions trading schemes.
Commodity investor sophistication increasing, says Barclays Capital
A survey of 150 Barclays Capital clients has found that half expect to have more than a 10% exposure to commodities in their portfolios, a threefold increase from a similar poll carried out in 2005.
Didier Giblet
Didier Giblet started out as a police investigator before moving into finance. The global head of energy and commodities trading at Fortis tells Roderick Bruce how an investigative mind has helped him in his career in energy trading
Setting the stage for 2008
As 2007 draws to a close, the Energy Risk team asked market participants what they regard as the most influential events of 2007 and how these are likely to shape market behaviour in 2008. By Stella Farrington with additional reporting by David Watkins
Will they weather the storm?
The weather derivatives market saw record volumes in 2006, but these declined sharply into 2007. Evan Koster, David Cohn and Nicholas Rock of Dewey & LeBoeuf look at where the weather market, now 10 years old, may go next
The future arrives for renewables
The emerging market in renewable energy futures is expected to lower the cost of financing renewables and smooth out the volatility often encountered when running intermittent renewable resources, such as wind and solar. Catherine Lacoursière investigates
Winding down
Prepayments
Siv troubles endure as banks revise super-conduit plan
The troubles facing structured investment vehicles are leaving new issuance in the mortgage markets looking shaky. It is unclear whether plans to create a super-Siv to bail them will succeed
Profile: Greg Froese
Matthew Attwood talks to the investor relations manager at hedge fund Lionhart about his experiences this summer and when he expects to see value in the post-crunch market
Playing catch up
US Pensions
The power of the trustee on the mergers and acquisitions battlefield
Sponsored roundtable
Index providers interview
Indexes
Wordly wise
Profile
Barcap launches CER swaps
Barclays Capital has launched and traded the first financially settled certified emissions reduction (CER) swap based on publicly available pricing sources.
Amerex forms REC purchasing partnership with Aramark
Amerex Brokers has formed a partnership with professional services firm Aramark Corporation to provide clients with an array of energy services, including the purchase of renewable energy credits (RECs).
Barcap invests in Canadian carbon capture
Barclays Capital, the investment banking division of Barclays PLC, has completed what it calls “a significant investment” in Enhance Energy, a Calgary-based private company specializing in CO2 enhanced oil recovery and sequestration.
RWE to invest €1 billion per year in renewables; founds new company
German utility RWE has announced the creation of a renewable energy company, RWE Innogy, which will be backed by at least €1 billion of investment per year.