Environment-Renewables
Going greener in Australia
Emissions trading
NRG presents new nuclear proposals
The first license application in 29 years to build a new nuclear plant in the United States has been submitted.
HSBC launches climate change indexes
HSBC's Corporate, Investment Banking and Markets division (CIBM) has launched an index to track the stock market performance of companies that stand to profit from the challenges posed by climate change, alongside four investable sub-indexes.
Spectron trades first OTC carbon option settled on CCFE
Energy broker Spectron has brokered the first over-the-counter carbon dioxide option settled against the Chicago Climate Futures Exchange (CCFE)
Carbon-trading log ready by November
The Kyoto Protocol’s international carbon-trading market is set for expansion, with the introduction of a worldwide transaction log by the end of the year. The International Transaction Log (ITL) will link the carbon registries for each Kyoto nation…
Climate Change Capital closes €200 million private equity fund
Climate Change Capital (CCC), an investment banking group dedicated to clean energy investments, has closed its private equity fund at €200 million.
CME to offer clearing for ethanol basis swaps
Chicago Mercantile Exchange (CME) will offer clearing for over-the-counter (OTC) ethanol basis swaps from October 5. The service will offer centralised clearing, including daily mark-to-market margining and reduced counterparty risk, to the biofuels and…
TXU shareholders agree to $45 billion buyout
TXU shareholders have approved a merger agreement with Texas Energy Future Holdings Limited Partnership (TEF), which was formed by a group of investors led by private equity firms Kohlberg Kravis Roberts and Texas Pacific Group.
Van Eck Moo-ves into agribusiness with new ETF
Van Eck Global has launched a new agribusiness ETF on the American Stock Exchange. The fund, titled Moo, was created by the New York-based asset consultancy and has been designed to mirror the performance of the DAXglobal Agribusiness Index (DXAG), which…
World Bank echoes EIB with new eco bond
The World Bank has launched its Eco-3 Plus, a structured product for sale to retail investors. The six-year note pays a variable annual coupon of 3% or higher, depending on the performance of the ABN Amro Eco Index. The index comprises companies engaged…
ETFs bear fruit
Pension funds
Rocks and hard places
Despite the environmental, political and infrastructure challenges faced by US coal, some believe high-sulphur grades could soon be back in fashion. David Watkins investigates
Clean coal : green and lean
With the economic benefits of emissions offsets, clean coal is poised to move from a government-subsidised to a commercially viable industry, as Catherine Lacoursière reports
Managing climate change risk
Climate change poses two main risks to business – reputational risk and financial risk. Francis Hervé , non-executive director at Utilyx and former chief executive of EDF trading, provides some guidelines for managing both sets of risk
Index round-up
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Environmental indexes
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