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Biofuels could meet a quarter of transport need without starving the poor – IEA
21 April 2011Global biofuel use could increase more than 13-fold by 2050 and meet more than a quarter of demand for transportation fuel, without jeopardising food and environmental security, the International Energy Agency (IEA) has said.
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EnBW eyes €8 billion renewables investment, bemoans nuclear shutdown
21 April 2011German utility EnBW plans to almost double its renewable power capacity in the next 10 years, requiring an investment of €8 billion ($12 billion).
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India to launch emissions trading scheme to tackle local air pollution
21 April 2011India is to launch its first emissions trading scheme (ETS), an air-pollution reduction pilot programme in three states that may go national in future.
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EIB backs Latin American 'ecosystem enterprises' fund
21 April 2011The European Investment Bank (EIB) has joined a handful of socially responsible investors in backing an innovative fund that will invest in businesses that protect ecosystems.
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APX-Endex to launch wood pellet trading platform
20 April 2011Biomass power stations will be able to trade wood pellet futures on an exchange for the first time when APX-Endex launches future contracts later this year.
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Ex-Im approves $806m loan to mammoth coal power station
20 April 2011The controversial Kusile coal-fired power station in South Africa is set to receive $805.6 million in loans from the US Export-Import (Ex-Im) bank.
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UK solar investors go to court over FIT review
20 April 2011A group of solar investors is pursuing legal action over the UK government's surprise review of feed-in tariffs (FITs) for large-scale solar installations, announced earlier this year.
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TVA spends up to $5bn to dismiss lawsuits, comply with pollution regulations
20 April 2011The Tennessee Valley Authority (TVA) will spend up to $5 billion to settled alleged violations of the Clean Air Act - quickening the government utility's transition from coal-fired power to clean energy.
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Q1 clean energy investment slumps amid policy uncertainty
20 April 2011Global clean energy investment in the first three months of 2011 totalled $31.1 billion, a 34% slump on the previous quarter and down 10% on the corresponding period last year, according to Bloomberg New Energy Finance (BNEF).
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Follow-on legislation needed to enforce California renewables target – ARB
19 April 2011California regulators are thrilled that the state's 33% renewable portfolio standard (RPS) has been enshrined into law, but warned that follow-up legislation is needed to govern how the mandatory target will be enforced, a top regulator told Environmental Finance.