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Accountants call for action on 'stranded assets'
14 October 2013Companies should measure the potential greenhouse gas (GHG) emissions stored within their fossil fuel reserves and account for them, according to Warren Allen, president of the International Federation of Accountants.
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Norway's 'oil fund' to exclude companies over environmental concerns
14 October 2013Norway's government pension fund will exclude four companies that pose a risk to the environment from its investment universe, the government announced today, just one week after revealing it is considering establishing a renewables mandate for the $790 billion fund.
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Number of operational CCS projects up 50%, but total pipeline shrinks
10 October 2013The number of operational carbon capture and storage (CCS) projects has risen by 50% in the past year, but the overall pipeline has taken a hit after 12 projects were cancelled or put on hold, according to a report.
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Northern lights
10 October 2013While many countries covet the US shale gas revolution, could Scandinavia help lead a more sustainable revolution in Europe?
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Chinese PV maker bids for stake in bankrupt Suntech unit
09 October 2013A Chinese solar panel manufacturer has disclosed plans to inject cash into Suntech's insolvent manufacturing unit as it placed a bid for a stake in the debt-laden solar module giant.
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US, Chinese investors snap up convertible green bonds
09 October 2013Goldpoly New Energy Holdings, a Chinese solar energy company, has successfully raised $50 million through the sale of convertible bonds to institutional investors.
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Coal assets to suffer most from fossil fuel 'divestment stigma'
08 October 2013Coal stocks are more vulnerable than oil and natural gas to the fossil fuel divestment movement, according to a new study which has called on investors to evaluate the "poorly understood and regularly mispriced" environmental risks in their portfolios.
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Impact investment fund exceeds £100m target
07 October 2013A leading UK impact investment fund has obtained equity commitments of £125 million ($201 million), well above its target of £100 million.
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Solar fund plans additional £175m investment in UK market
07 October 2013A leading solar energy fund expects soon to invest an additional £175 million ($282 million) in photovoltaic plants in the UK.
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Mangrove carbon project has potential for voluntary market roll-out
04 October 2013A pioneering initiative will fund the protection and restoration of mangrove swamps by issuing voluntary carbon credits.