Reuters: Green Business News

Voluntary CO2 offset buying slow as investors get picky

Wed, 10 Feb 2010 08:36:05 -0500

LONDON (Reuters) - Buying activity in the voluntary carbon market has been quite slow recently as buyers favor very specific types of offset credits and it is difficult to source such clean energy projects.

Tough UK energy regulation decisions for green future

Wed, 10 Feb 2010 08:22:24 -0500

LONDON (Reuters) - Britain faces tough choices on the level of energy sector regulation needed in order to provide secure, affordable, and sustainable energy supplies in the future.

Wind, solar groups push U.S. renewable energy standard

Tue, 09 Feb 2010 17:12:43 -0500

WASHINGTON (Reuters) - U.S. industry executives from the wind, solar, hydropower, geothermal and biomass sectors pushed on Tuesday for a federal renewable energy standard, which they said would foster growth and create jobs.

Italy simplifies geothermal energy permitting

Wed, 10 Feb 2010 08:16:47 -0500

MILAN (Reuters) - Italy has simplified permitting procedures for development of geothermal energy projects as it aims to produce a quarter of energy from renewable sources in 2020, the Economic Development Ministry said on Wednesday.

Europe faces challenges to electric car industry

Tue, 09 Feb 2010 17:15:38 -0500

SAN SEBASTIAN (Reuters) - The European Union faces challenges of safety, cost, competitiveness and technological harmonization in its plan to successfully develop its electric car industry, EU presidency holder Spain said on Tuesday.

Vestas trims outlook on sluggish orders

Wed, 10 Feb 2010 06:01:14 -0500

COPENHAGEN (Reuters) - The world's biggest wind turbine maker, Vestas, saw fourth-quarter earnings beat forecasts but trimmed 2010 earnings and revenue guidance as it pushed back expectations of when clients would firm up orders.

Veeco hoping for first solar profits in 2010

Tue, 09 Feb 2010 15:55:35 -0500

NEW YORK (Reuters) - Veeco Instruments Inc hopes its nascent solar equipment business will begin to generate profits this year as it makes its first shipments into the fast-growing Asian market.

Egypt wants more firms in carbon trading schemes

Wed, 10 Feb 2010 03:05:32 -0500

CAIRO (Reuters) - Egypt wants to add new names to a U.N.-approved list of firms with certified carbon offset credits to trade and is offering soft loans and other incentives to encourage polluters to clean up, top environment officials said.

EU carbon dips as rally runs out of steam

Tue, 09 Feb 2010 10:35:15 -0500

LONDON (Reuters) - European carbon emissions futures dipped slightly on Tuesday, breaking a four-day rally, as the market lacking direction, traders said.

Chinese city dips toe in carbon cap and trade

Tue, 09 Feb 2010 12:40:00 -0500

BEIJING (Reuters) - The northern Chinese port city of Tianjin launched a small-scale energy intensity trading scheme on Tuesday with three pilot sales, taking a possible first step toward a nationwide carbon cap and trade scheme.