GREEN DEALS: Stop and go on energy funds

Government may announce renewables VC mandates soon, but delays feared for emerging renewables fund; Algae.Tec signs algae fuel deal with Holcim; and landfill approved for carbon farming initiative.

There is speculation that the federal government is soon to announce the managers of the $100 million Renewable Energy Venture Capital fund, but there are concerns that allocations made under the $126 million Emerging Renewables fund will be put on the back-burner, and will not be deployed until the newly created Australian Renewable Energy Agency (ARENA) is up and running by mid next year.

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