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Re-wiring Britain for low-carbon future will cost £32bn – Ofgem
07 October 2010Britain will need to spend £32 billion ($51 billion) re-wiring and piping its electricity and natural gas transmission network in the next 10 years, as part of efforts to decarbonise the country's energy system, according to regulator Ofgem.
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Clean-tech investment drops 30% while China ups market share
07 October 2010Global venture capital investment in clean technology in July to September fell 30% from the previous quarter, as economic recovery doubts resurfaced and the solar sector waned, an analyst report says.
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US looks to stem flow of e-waste to developing countries
07 October 2010Dumping electronic waste (e-waste) in developing countries could be banned in the US, if a bill put forward in the country's House of Representatives gains traction.
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Losses narrow as Clipper looks to investor bailout
07 October 2010US wind turbine manufacturer Clipper Windpower has reported a net third-quarter loss of $26.7 million, narrowing its $120.2 million loss in the same period last year.
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RWE launches renewables venture capital fund
07 October 2010The renewables division of German power giant RWE has launched a €75 million ($105 million) venture capital fund to invest in renewable energy technologies.
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US clean water company eyes $50m AIM listing
07 October 2010Water purification and anti-microbial technology company HaloSource hopes to fuel its global expansion by listing on the UK's Alternative Investment Market (AIM).
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Many risks hinder private sector climate finance - report
07 October 2010Institutional investors have the capacity and appetite to provide finance to help countries mitigate and adapt to climate change but, "the returns must be commensurate with the risks", said Michael Wilkins, global head of carbon markets at rating agency Standard & Poor's.
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UBS establishes clean-tech, renewables banking group
07 October 2010Swiss banking group UBS has formed a global renewable energy and clean-tech group, bringing together bankers from its technology, power and utilities and industrial teams.
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US utilities to meet clean energy targets with coal, nuclear?
07 October 2010Nuclear and cleaner coal would be considered eligible sources in an alternate clean energy standard proposed in the US Senate last week.
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Climate change to become 'strategic priority' at IFC – group head
07 October 2010The International Finance Corporation (IFC) is to make climate change a "top strategic priority", according to the head of its newly-formed climate business group, as the development bank promises to treble its climate-related investments to $3 billion.