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Novozymes targets multi-billion dollar African charcoal market with green alternative
22 September 2011Novozymes is to help finance a novel integrated food and energy venture in Mozambique which aims to displace charcoal with biofuel – offering a more sustainable alternative, it says, with a view to opening a massive market.
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US loan guarantee deadline will be missed, concedes DOE
22 September 2011Disappointment awaits some of the renewables developers hoping their loan guarantees will be approved before next week's deadline, according to a US Department of Energy official. Meanwhile, Republicans in the House of Representatives are questioning whether the department is rushing to complete approvals in light of its role in funding the now bankrupt solar panel manufacturer Solyndra.
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Developer casts doubt on eastern European renewables plans
22 September 2011Some plans laid down by eastern European countries on how to meet their EU renewable energy targets by 2020 are based on "heroic assumptions", according to a developer active in the region.
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Bringing public and private together
22 September 2011There is an enormous investment opportunity in financing the transition to low-emission, climate change resilient economies in emerging markets. But public-private partnerships will be key, says Yannick Glemarec
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PACE consortium directs $1.5bn to energy-efficient buildings
22 September 2011A new consortium will invest $1.5 billion in private capital to support US cities in financing energy retrofits in the commercial sector, utilising the Property Assessed Clean Energy (PACE) model.
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Drought on Europe's doorstep
22 September 2011Most business and investor concern about a lack of water is focused on far-flung parts of the world. But, the European Commission is warning, the effects are increasingly being felt closer to home. Philippa Jones reports
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Carbon offset markets key to $100bn climate finance target – World Bank
22 September 2011Removing fossil fuel subsidies, pricing carbon dioxide (CO2) emissions at $25 a tonne and a thriving carbon offset market are key to providing the developing world with $100 billion a year in climate finance, according to a leaked World Bank report.
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Bond markets could finance UK home retrofits
20 September 2011To finance energy-saving improvements to thousands of UK homes, local authorities should band together to form a 'Green Deal warehouse' and issue bonds, a report due out tomorrow will argue.
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Green taxes to pave way to 'resource efficient Europe'
20 September 2011The European Commission has drawn up a "roadmap to a resource efficient Europe", which it believes shows the way for the EU to decouple economic growth from resource use and prepare for a more sustainable future based on innovation. EU environment commissioner Janez Potočnik called for more green taxes to bolster the shift, but he shied away from announcing any bold changes in policy.
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Renewable energy developers shackled on tax breaks
20 September 2011Persuading the US Congress to allow renewable energy projects to use master limited partnerships (MLPs) to secure financing is likely a pipe dream in the current political environment, experts said.