Energy & Renewables Newsletter
February 11, 2010

This Week´s Featured News Stories
EU electric vehicle strategy flawed, say NGOs
Current EU policy on car emissions is flawed because it offers no guarantee that more electric vehicles on Europe’s roads will lead to savings in carbon emissions over coming years, according to a report commissioned jointly by Friends of the Earth Europe, Greenpeace and Transport & Environment. The current policy allows manufacturers to gain `super credits` for the sale of electric vehicles to offset the continued production of gas-guzzling cars. Each electric vehicle sold can be counted 3.5 times as part of a manufacturer`s calculations towards their overall fleet limit – leaving them ...
Is China Huaneng preparing an IPO for its wind energy division?
Just days after new figures confirmed that China has overtaken the US as the world`s fastest-growing wind energy market, the country`s burgeoning renewables sector received a further boost following reports the country`s largest power company firm is seeking an IPO for its wind energy division. According to reports from Bloomberg citing sources close to the company, China Huaneng Group Corp is planning to float its wind energy division on the Hong Kong stock exchange later this year in an IPO worth at least $1bn (£0.63bn). To continue reading, click ...
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