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Environment


Smart Energy's Lang Aims to Repeat 83% Return Betting Against Hedge Funds The top-ranked investor in renewable energy last year is betting hedge funds are wrong.

RBS Cuts Loans to Renewable Energy Projects, Snubbing Brown's Initiatives Royal Bank of Scotland Group Plc, historically the biggest commercial lender for renewable energy projects, has scaled back loans to the industry since the U.K. government bailed out the company in 2008.

Wind, Solar Energy Share Offers May Rise This Year, Morgan Stanley Says Renewable energy companies may tap financial markets for more funds this year instead of looking to mergers with utilities as a way of funding expansion, said Morgan Stanley, manager of the most initial public offerings for the industry in 2009.

Microdyne Letter Says Hong Kong Buyer Knew Rules on Recycled CO2 Credits Microdyne Ltd., a carbon trader in the U.K., sold UN emission credits from Hungary to a Hong Kong-based buyer that was informed about restrictions on the offsets, according to a letter provided by a Hungarian agent.

U.K. Conservatives Propose Carbon Floor to Boost Nuclear, Renewable Energy The U.K. could adopt measures including a carbon floor price and feed-in tariffs to promote nuclear and renewable energy under a plan outlined today by the country’s main opposition party.

Brown Says U.K. Budget Next Week Will Include Investment in Clean Energy U.K. Prime Minister Gordon Brown said the annual budget next week will include measures to spur investment in clean energy production and stimulate jobs in the sector. He was speaking to an audience of foreign-policy experts in London.



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