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Regional cap-and-trade survives US election
04 November 2010California's greenhouse gas (GHG) emissions trading system survived two challenges in elections this week, but the Democrat's loss of the House of Representatives effectively puts an end to any federal programme to cap and trade emissions.
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First auction puts $3/lb price on Chesapeake nutrient pollution
04 November 2010An ecosystems market designed to reduce nutrient runoff into Chesapeake Bay has started, with the first auction for credits representing the removal of 21,000 pounds of nitrogen from the polluted watershed sold for $3.04 each.
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Delay on GIB could derail UK's 2020 targets
04 November 2010The UK's plan for a Green Investment Bank (GIB) to ramp up investment in renewables and energy efficiency should be sped up to ensure the country's 2020 targets can be reached, an influential committee of Members of Parliament (MPs) has heard.
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US clean energy prospects murky after Republican victory
04 November 2010A day after a landslide Republican victory in the US House of Representatives, President Barack Obama pledged to work with his opponents to find common ground on energy issues, but exactly what that means for the clean energy sector remains unclear.
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US wind industry at three-year low
04 November 2010The US wind energy industry had its slowest quarter since 2007, leading to calls for renewables policies to be strengthened.
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Maersk to measure emissions from shipping containers
04 November 2010Danish shipping company Maersk Line is to tell customers the carbon footprint of each container it moves around the world, an initiative that observers hope will accelerate the shipping industry's otherwise slow progress on limiting greenhouse gas emissions.
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Financing questions cloud Nagoya biodiversity deal
04 November 2010Governments and environmental groups have hailed new global biodiversity protection targets as "historic" and a "breakthrough", but difficult questions on financing have been postponed, and efforts to develop innovative financial tools have been blocked by a clique of developing countries.
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UNEP mulling 'Equator Principles' for natural capital
03 November 2010The UN Environmental Programme Finance Initiative (UNEP FI) has begun consultations on a 'Natural Capital Statement' for financial institutions, potentially modelled on the successful Equator Principles.
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Van Eck launches rare earths ETF
02 November 2010Money manager Van Eck Global has launched an exchange-traded fund (ETF) offering investors exposure to a possible bull-run in the value of 'rare earth' metals.
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Asset owners' climate disclosure is 'challenging'
28 October 2010The director of a new initiative to encourage asset owners to report how they are managing climate risks acknowledges that it faces "challenges" in driving disclosure.