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Banks slammed for involvement in palm oil fund-raising
09 July 2009Three European banks have come under fire from environmentalists for their involvement in a fund-raising by palm oil producer Golden Agri-Resources (GAR), which NGOs claim is involved in rainforest destruction.
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Equity fund managers 'complacent' on carbon emissions
09 July 2009Climate change has little influence on the investment decisions made by equity fund managers, according to a report which revealed a seven-fold difference in the carbon footprints of UK-based equity funds.
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Climate change investors look beyond G8
09 July 2009Investors exposed to the climate change theme have welcomed progress on targets at the G8 meeting in Italy this week – but say it is of little immediate relevance in investment terms.
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Finance, transmission take wind out of Pickens' sails
09 July 2009Texas oilman T Boone Pickens' has put on hold his grand plan to build the largest US wind farm – highlighting two significant problems for renewable energy development: tight financing and an inadequate transmission infrastructure.
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Sweden develops national biogas strategy
08 July 2009Sweden has told its energy agency to develop a national policy for the production, distribution and use of biogas as a vehicle fuel, as part of a move towards its target of the country's cars being fossil fuel-free by 2030.
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CME launches more SO2 contracts
02 July 2009CME Group is to launch a new series of futures and options contracts based on sulphur dioxide (SO2) allowances in mid July.
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UK could generate £70bn from wind, wave power – Carbon Trust
02 July 2009The UK offshore wind and wave power markets could be worth £70 billion ($115 billion) and provide at least 15% of the carbon dioxide (CO2) emissions reductions needed to meet the country's 2050 targets, said the Carbon Trust today.
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Renewables industry pushes for tougher targets
02 July 2009Renewable energy advocates have welcomed the momentum toward adoption of a US federal renewable electricity standard (RES), but vowed to keep pushing for a stronger mandate.
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VC investment in clean-tech rebounds to $1.2 billion
02 July 2009Venture capital (VC) investment in clean technologies (clean-tech) rebounded to $1.2 billion in the second quarter of 2009, according to the Cleantech Group, but investment levels stayed well below the highs of 2007-08.
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Siemens doubles income from environmental business
02 July 2009Annual revenues from Siemens' environmental activities grew 12% in 2008 to €18.9 billion ($26.5 billion) – almost double the rate for the business as a whole. The German engineering giant also managed a 10% improvement in its energy efficiency compared with its base year of 2006, according to its sustainability report published last month.