The Cabinet Council, meeting this Friday here under the guidance of the Head of State, José Eduardo dos Santos, approved the resolution on the financing of the electoral campaigns of political parties for the September legislative elections.
New York-based Natsource Asset Management has expanded its carbon asset fund to €86 million (about $133 million), thanks to a commitment of €20 million from privately-owned Italian utility Edison SPA, the company said yesterday.
Hungary's electronic carbon credit registry today successfully connected to the UN international transaction log (ITL), enabling the transfer of government carbon credits under the Kyoto protocol, a spokeswoman with the ministry of environment said.
Italian utility Enel is planning to build an offshore wind farm in the Mediterranean off Sicily at a cost of up to €500 million, the company announced late yesterday.
Global steel company Arcelor Mittal has launched a carbon fund with an initial investment commitment of €100 million ($157 million) to generate carbon credits for compliance in the EU emissions trading scheme, the company announced on its website on Friday.
A revision to the Polish national allocation plan (NAP) for the second phase of the EU emissions trading scheme has increased the likelihood that investment in energy intensive industry would be diverted outside of the country and the EU, according
The European parliament wants the commission to earmark at least €2 billion ($3.2 billion) a year of the EU budget from 2009 to support new technologies that cut the emission of greenhouse gases.
New Jersey environmental regulators expect to finalise its plan for participating in the Regional Greenhouse Gas Initiative (RGGI) by the end of the year, possibly in time for it to take part in the second quarterly auction of emission allowances
European commission officials will visit Budapest on Monday to discuss a Hungarian proposal to change a major facet of the EU's proposed energy climate package, the state secretary of the ministry of environment told Point Carbon today.
Approximately 12.6 million emission allowances will be up for sale when the Regional Greenhouse Gas Initiative (RGGI) holds its first auction on 25 September, RGGI organisers announced Friday.
The UK has called on the EU to introduce tougher targets on cars from 2020 so auto companies will have enough time to develop models that are increasingly fuel efficient and minimise private transport's contribution to climate change.
In a bid to further strengthen the downstream sector of the petroleum sector, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has aligned with African Petroleum (AP), to acquire Chevron Oil Nigeria Plc (Texaco).
There are strong indications that the Nigerian Electricity Regulatory Commission (NERC) may revoke licences granted some private companies to build power plants in the country.
