Dynegy has cancelled its deal to sell out to Blackstone, after the proposed $4.7bn deal failed to get enough shareholder support.
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WWF’s EU climate tracker, on which I blogged earlier today, highlighted the inconsistencies in European approaches to supporting the green energy sector.
Another report (apologies for the third of the day), shows the effect of the companies themselves.
The report comes from law firm Taylor Wessing and VB Research, which have conducted a survey of 200 industry executives and financiers to find out how difficult it is for green energy companies to find financing. Read more
Bad news this morning on the world’s attempts to curb carbon emissions. Two new reports, one from the UN Environmental Programme ahead of Cancun, and one from WWF and EcoFys on European government policy, paint similarly gloomy pictures. Read more
- Geneva set to trump London in oil trading – FT
- Yanukovich gives European gas pledge – FT
- Thai giant buys $2.3bn oil sands stake – FT
- Cancun talks ‘will not affect businesses’ – Argus
- Oil spill clean-up response criticised – FT
- Utility execs go it alone on emissions reductions – WSJ
- California to put Tessera solar plant on hold – Reuters
- Energy XXI buys oilfields in the Gulf of Mexico – FT
- CNPC says half of output to come from overseas by 2015 – Bloomberg
- Two oil majors poised to leave Ecuador – FT
- Should nations bankroll coal plants overseas? – NY Times Green blog
- Glencore eyes Drummond coal – FT
- You ask, they answer: Intelligent Energy – The Guardian Read more