All the leaves are brown and the sky is grey . . . sounds like environmental pollution was a big issue in California as far back as the swinging Sixties. But the state could now be at the centre of a lasting solution. California (in case you didn’t know) is the eighth largest economy in [...]
If we had a fiver for every time we’ve heard a hiring manager say “we’re waiting for Cancun” then we’d be sending this email from a poolside business suite in the Bahamas. Or, more likely, not sending it at all. Well, the waiting is nearly over. Cancun is upon us and the fervent hope is [...]
Cancun might not be under starter’s order quite yet, but already the runners and riders are jockeying for position. Earlier this year, the EU was making encouraging noises about increasing its emissions reduction target to 30 percent by 2020 compared with 1990 levels from 20%. Now, suddenly, the EU’s top negotiator is acting rather more [...]
Light from the east . . . word is CERS may be allowed in South Korea’s carbon emissions trading scheme. This, combined with other national cap-and-trade schemes potentially coming online and a restriction on certain types of CERS in the EU ETS after 2012, suggests CER prices might tickle gently upwards. This will provide a [...]
Over the last thirty years (as any miner or steelworker will tell you), the country’s economy has become increasingly centred upon London. This post-Thatcherite tide is unlikely ever to be rolled back but now there are a few ripples and wavelets heading in the opposite direction. And they’re being created by offshore wind. At last, [...]
Two words that never seem far apart in a sentence these days are “Europe” and “bureaucracy”. And usually it’s a pretty gloomy sort of sentence. But these statistics on car emissions and fuel efficiency show that not every EU diktat is a burdensome, box-ticking nonsense. Check out the alarmingly high vehicle emissions data from the [...]
Gosh, they’ve got good eyesight at the WWF. The organisation asserts that there’s some devil in the detail of Crown Estate leases. If this is proved true, it could be a huge fillip to the UK offshore wind industry. Much of the progress so far achieved in creating a global low-carbon economy has been down [...]
The fat lady has left the building. The (soap) opera of Enel Green Power’s IPO is finally over and, after an initial price-drop on its opening day, shares are holding up rather nicely. The fervent hope is that this deal will encourage other green flotations, but a dose of reality is probably in order. On [...]
The GG’s kids thought Wave Hub was a groovy new machine at the local swimming baths. Alas, the reality is not quite so exciting. But make no mistake, this is a hugely significant milestone in the development of offshore technology, allowing innovators, particularly cash-strapped start-ups, to prove the workability of their designs and greatly speed [...]
Where to start with the United States, our crazy, mixed-up problem child of climate change? By turns charming and infuriating, the nation has this week once again shown its contrasting natures. CCX cutting staff and preparing to shut down? Not good. California cap-and-trade backed by voters with the rejection of proposition 23? Way to go. [...]