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Carbon market speculators get caught short
19 February 2009Yesterday saw the largest ever volumes in Europe's carbon market, as speculators betting on a further collapse in prices found themselves caught out.
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Analyst expects CCS to surge following US stimulus package
19 February 2009Carbon capture and storage (CCS) has received a fillip from the US, with $3.5 billion earmarked in President Barack Obama's stimulus package for demonstration projects and growing support at the state level.
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GM, Exxon and Chevron make climate blacklist
19 February 2009Nine US and Canadian companies have done such a poor job in evaluating and disclosing the impact of climate risk on their business operations that they earned a place on a 'Climate Watch List' created by investors.
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US stimulus package provides large boost for biomass energy but little for biofuels
18 February 2009US biomass energy looks set to be a big beneficiary of the $787bn economic stimulus package signed this month by the US president Barack Obama but ethanol and biodiesel received limited support.
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US ditches mercury trading plans
12 February 2009US plans for a cap-and-trade system to cut mercury emissions are likely to be abandoned in favour of regulation, after Barack Obama's administration decided to drop a key appeal.
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Evian and Volvic to become 'plastic neutral' in UK
12 February 2009Danone Waters plans to make Evian and Volvic bottled water 'plastics-neutral' in the UK, through the use of recycled plastic.
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Renewables provisions survive US stimulus compromise
12 February 2009After a night of intense negotiations, the US House of Representatives and Senate have reached a compromise on a $789 billion economic stimulus package that includes several provisions favourable to the renewable energy sector.
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Airlines call for inclusion in Copenhagen climate deal
12 February 2009A coalition of four leading airlines have banded together to lobby for the sector's inclusion in a new climate deal, expected to be agreed in Copenhagen in December.
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Vattenfall unveils SEK5.6bn switch to biomass fuel
11 February 2009Swedish utility Vattenfall is to spend SEK5.6bn ($670m) to convert two of its three Danish combined heat and power plants to run on biomass as well as coal, as part of a SEK82bn programme to reduce emissions in the Nordic region.
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CME to launch Australian weather contracts, quanto structures
05 February 2009The Chicago Mercantile Exchange (CME) is to list temperature-based weather contracts for the Australian cities of Melbourne, Sydney and Brisbane.