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UK needs 'step change' to meet carbon budgets – CCC
15 October 2009Policy-makers must not allow the recession to cloud the need for a "step change" in action on climate change, the committee responsible for setting the UK government's carbon budget has warned.
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Soros to invest $1bn in clean-tech
15 October 2009Billionaire hedge fund manager George Soros has said he will invest $1 billion in clean technology, in a bid to tackle climate change.
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Robeco raising third clean-tech fund
15 October 2009Dutch investment manager Robeco is raising capital into its third clean-tech private equity fund-of-funds, according to its global head of private equity.
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ICAO considers emissions trading for aviation sector
15 October 2009The International Civil Aviation Organization (ICAO) has committed to reduce greenhouse gas emissions from aviation through market-based measures, improved fuel efficiency and use of biofuels, ahead of December's UN climate talks.
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Southern buys $475–500m biomass power project in Texas
14 October 2009US electricity utility Southern Company is buying a $475m–500m, 100MW biomass power project in Texas from developer American Renewables as part of its plan to expand its biomass generating capacity.
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FRR calculates climate risk to asset classes
08 October 2009Long-term investors should consider shifting out of equities and into bonds, unless they believe ambitious efforts to tackle climate change are likely, a working paper by French pension fund Fonds de Reserve pour les Retraites (FRR) suggests.
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Clean energy investment slips again
08 October 2009Global investment in clean energy slipped to $25.9 billion in the third quarter of 2009, according to analysis firm New Energy Finance (NEF), down from $28.6 billion in the second quarter and 22% below the same period last year. However, investment is still much higher than in the first quarter of 2009, when it fell $13.3 billion.
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Corrected: Industry questions Commission's CCS shortlist
08 October 2009The European Commission has proposed a list of six carbon capture and storage (CCS) projects to receive a total of €1.05 billion ($1.6 billion) in funding, but industry representatives are concerned about the lack of transparency involved in the selection procedure.
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US government watchdog suggests ethanol tax credit unneccesary
07 October 2009The top US government watchdog has cast doubt on the necessity of federal ethanol subsidies, drawing a sharp rebuke from the Renewable Fuels Association (RFA).
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Ten years on
01 October 2009It's Environmental Finance's 10th anniversary. Editor Mark Nicholls looks back at a decade of progress – and a few pitfalls on the way