Banks ‘invested $290bn in extreme fossil fuels since 2014’

Jun 25, 2017 Jonny Bairstow Coal, Gas & Oil, Top Stories 0

In the last three years, global banks have directly or indirectly invested $290 billion (£227.8bn) in extreme fossil fuels. That’s according to a new report from the Rainforest Action Network...

Investors worth €19tn call for EU decarbonisation

Jun 23, 2017 Jonny Bairstow Energy Efficiency, Markets & Finance 0

Investors managing more than €19 trillion (£16.6tn) in assets have urged EU energy ministers to agree to an ambitious 2050 decarbonisation framework. The Institutional Investors Group on...

Good Energy’s raises £16.7m for storage and EVs

Jun 20, 2017 Jonny Bairstow Sustainability & Environment, Markets & Finance 0

A renewable energy supplier has announced its second corporate green bond has closed. Good Energy said the offering received valid applications for £16.7 million over the duration it was open....

Government ‘must outline energy investment framework’

Jun 15, 2017 Jonny Bairstow Policy & Legislation, Markets & Finance 0

The UK Government needs to give businesses certainty by outlining an energy investment framework as soon as possible. That’s the view of Carolyn Fairbairn, Director-General at business group CBI,...

Jaguar Land Rover invests $25m in Lyft car-share

Jun 13, 2017 Jonny Bairstow Low Carbon, Smart Data 0

Jaguar Land Rover’s mobility and smart transport investment group has announced a $25 million (£19m) investment in a car-sharing service. The funding from InMotion Ventures will support Lyft to...

Political uncertainty ‘will hinder energy tech investment’

Jun 12, 2017 Priyanka Shrestha Infrastructure & Generation, Low Carbon, Markets & Finance, Top Stories 0

Nearly half (48%) of large energy users believe political and regulatory uncertainty will hinder investment in new technologies. British Gas Business questioned businesses at the Energy Live...

New York announces $1.5bn green investment

Jun 05, 2017 Jonny Bairstow Low Carbon, Markets & Finance 0

The State Of New York is starting a new initiative to help create 40,000 clean energy jobs by 2020. The $1.5 billion (£1.16bn) Clean Climate Careers scheme marks the largest clean energy...

Investors worth $15tn call for climate change action

May 08, 2017 Jonny Bairstow Sustainability & Environment, Markets & Finance 0

Global investors worth more than $15 trillion (£11.6tn) have signed a letter calling for G7 and G20 nations to stand by their commitments to the Paris Agreement. The 214 institutions, which...

Private investment in US oil, gas infrastructure ‘to exceed $1.3tn by 2035’

May 04, 2017 Priyanka Shrestha Coal, Gas & Oil, Markets & Finance 0

Private investment in US oil and gas infrastructure could help create more than one million jobs. A new report, which looked into the amount of infrastructure development likely over the next two...

Solar investment to skyrocket 11.5% in 2017

Apr 27, 2017 Jonny Bairstow Infrastructure & Generation, Low Carbon 0

Solar power will be the fastest growing renewable energy source in 2017, accounting for 37.5% of global investment. That’s according to a new report from consultancy Frost & Sullivan, which...