Pete Smith @ March 10, 2008 # 4 Comments
Shares in AIM-listed biofuels outfit D1 Oils plc (LSE: DOO.L – news) are showing more sharp falls this morning after a 36% drop on Friday. The company said the influx of heavily subsidised US biodiesel is putting the entire EU green fuel industry at risk. The US government is promoting the production and use of [...]
Pete Smith @ January 14, 2008 # No Comment Yet
Shares in Ceres Power Holdings (CWR.L) rose sharply this morning on the news that Centrica, the parent company of British Gas, has taken a 10% stake in the AIM-listed fuel cell company. The shares are being bought at £3.00 per share, substantially lower than the £3.25 they reached last September when Ceres announced successful trials [...]
Pete Smith @ December 10, 2007 # No Comment Yet
Shares in Renewable Energy Holdings (REH.L) were up today on the news that the green technologies firm has agreed a deal to purchase the Kobylany wind farm site in Poland, which will provide 30 MW of generating capacity with an accompanying off-take infrastructure and transformer station. REH will pay €68,000 per MW of generating capacity, [...]
Pete Smith @ November 23, 2007 # 5 Comments
A new community-owned hydro power project has launched a share offer today. Torrs Hydro New Mills Ltd plans to install new hydro-electric technology in the 200 year old weir at the Torrs in New Mills, Derbyshire. The company, a joint venture between Water Power Enterprises and High Peak Friends of the Earth, is an ‘Industrial [...]
Pete Smith @ November 15, 2007 # No Comment Yet
It’s a good job someone’s looking at increasing the supply of silicon for the solar industry (“IBM Recycles Silicon”) . In his article “Profit from the End of Cheap Oil“, Ian Cooper describes how the hopes of the solar industry to provide a viable energy alternative to oil depend on a reliable and continuing supply [...]
Pete Smith @ November 12, 2007 # 3 Comments
Hargreaves Lansdown, the UK investment management group, is making an effort to emphasise its ‘green’ credentials. To mark the launch of their Socially Responsible Investment service, they are offering a free tree to anyone who invests a minimum of £3,000 or £100 per month in any fund mentioned in their Ethical Investment Guide. A free [...]
Pete Smith @ October 21, 2007 # 8 Comments
If more proof were needed that environmental issues have entered the financial mainstream, look no further than HSBC. The bank plans to grab a slice of the growing market for socially responsible investing with a new fund that will exploit opportunities from climate change. The Climate Change Fund launches in early November, subject to regulatory [...]
Pete Smith @ September 11, 2007 # 9 Comments
Shares in Ceres Power Holdings (CWR.L) performed strongly again this morning, as the AIM-listed fuel cell company demonstrates its domestic wall-mountable integrated combined heat and power (CHP) boiler. In a press release, Ceres said: ” [This] represents an important milestone in the Company’s residential CHP programme with British Gas and highlights the commercial potential of [...]
Pete Smith @ July 9, 2007 # 17 Comments
In an Energy and Capital article, Chris Nelder does some rough calculations to determine what oil is really costing the United States, factoring in all the externalities. Crude Cost: $69 a Barrel If the U.S. daily crude oil consumption, 21 million barrels, were bought at the market price (roughly $69 per barrel), it would cost [...]
Pete Smith @ June 22, 2007 # 3 Comments
A new report from the United Nations Environment Programme, ‘Global Trends In Sustainable Energy Investment 2007′, says that global investment in sustainable energy has increased from $80 bn in 2005 to a record $100 bn in 2006. The EU and the US were responsible for over 70% of investment in 2006, but the increase from [...]
