Friday 29th August 2014                 Change text size:

Photo: Leard State Forest via Flickr

Sydney University urged to divest from Whitehaven Coal

Students and environmentalists have condemned Sydney University for its $900,000 (£504,000) investment in a controversial coal mine. According to Greenpeace, the leading Australian university has confirmed that 0.1% of its investment fund has been channeled into shares in Whitehaven Coal, the company behind the $767 million (£430m) Maules Creek...


Berardo62 via flickr

Scottish North Sea’s oil reserves six times higher than estimated, business group says

A new report from business organisation N-56 has said that revenue from oil in the Scottish North Sea could be as high as £365 billion over the next few decades, rather than the £57 billion previously estimated. The study argues that the figures put forward by the Office for...


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Top 20 undeveloped oil projects will risk $91bn of investment

As investors begin to ask for more information around the risks of high-cost oil projects, the Carbon Tracker Initiative (CTI) has revealed that some of the most expensive projects currently being considered for development in the industry could place $91 billion (£54bn) of investors’ money at risk. In May,...


Solar power plant

Citigroup: solar industry to outperform fossil fuels in long term

Investment bank Citigroup predicts that the solar industry will continue to grow on a global scale and will become competitive with fossil fuels, because of “pure economics” and the need to diversify energy supply over the long term. A report, which was released to Citigroup’s investors earlier this year,...


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Crowdfund us to broadcast Sustainable September around the world

On Monday, we launched our £10,000 crowdfunder for Sustainable September. We need your support to broadcast our month-long celebration of sustainability live around the world, and reach out to as many people as possible. Sustainable September will feature four Oxford-style evening debates and one TED-style all-day conference, hosted across London. The...


Wind farm in Mexico

Mexico expected to exceed $2.4 billion renewable energy investment in 2014

Mexico is already showing signs of exceeding its 2010 record of $2.4 billion (£1.4bn) in renewable investment for the first half of 2014 – helped by a significant increase in investment in wind and solar power. According to Bloomberg New Energy Finance, investment in the first half of the...


Blue & Green Tomorrow

Just two days left to win our reader survey prize

For a chance to win an iPad, Kindle or donation to a charity of your choice, readers simply need to enter the Blue & Green Tomorrow 2014 survey. The survey closes on Friday and more than 730 readers have already taken part. The survey is a chance to tell Blue...


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E.ON’s profits fall 20% amid German renewables drive

E.ON, Germany’s biggest utility, has revealed a profit fall of 20% for the first half of 2014, the decline has been linked to the growing renewables market. Germany recently set a new world record for renewable energy generation. The company’s underlying net income, which is used to calculate dividends,...


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Socially responsible fund to be listed by platforms and product providers

A Socially Responsible Investment (SRI) fund from fund manager The Premier Group is set to be listed on leading platforms and product providers after distribution agreements were reached. The news signals that the sustainable investment sector is continuing to grow and move into the mainstream. The Socially Responsible Investment...


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Green Investment Bank refinances UK offshore wind project

The UK Green Investment Bank (GIB), along with Japan’s Marubeni Corporation, has announced the “landmark refinancing” of a UK offshore wind project. The 210 megawatt (MW) Westermost Rough project is being developed by DONG Energy. The company holds a 50% stake in the project whilst the GIB and Marubeni...


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Oil and gas companies take on more debt to cover shortfall

Oil and gas companies from around the world are taking on more debt and selling assets to close the gap between operational cash flow and their expenditures, according to the US Energy Information Administration (EIA). The findings of the EIA suggest that at least some parts of the oil...


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Crowdfunding a global broadcast of Sustainable September

Today we launched our £10,000 crowd funder for Sustainable September. Why? We’ve only got a limited number of tickets and can only get so many people together in the various venues. So we want to broadcast the event live, cut it to DVD and reach out to as many...


solar sky by Patrick Moore via freeimages

We can help influence positive change by being in a growing movement

By investing your money sustainably and ethically, you can play a part in a growing movement that is changing the world for the better, writes Richard Essex. This article is an extract from Richard Essex’s 2014 book, Invest, Feel Good and Make a Difference, which is available now on Amazon. History...


Photo: bugdog via Free Images

The story of unburnable carbon

Analysis from one group of financial experts could dramatically change the energy landscape for the better – but our communication needs to improve before it can. This article originally appeared in Blue & Green Tomorrow’s Guide to Sustainable Clean Energy 2014. On August 28, 1963, Martin Luther King Jr stood...


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Wales’ first full-scale tidal energy device unveiled

Ahead of its installation in Welsh waters, a tidal energy device developed in Cardiff was unveiled on Thursday. The device will help Wales produce clean and predictable energy in order to meet its low-carbon energy generation goals. Tidal Energy Ltd’s DeltaStream device is the first private marine project to...


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