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Sustainability principles boost private equity returns - IFC
20 June 2011The International Finance Corporation (IFC) has found applying sustainability criteria improves the financial returns of private equity investments.
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US ethanol tax-break on the block
17 June 2011US Senators have voted overwhelmingly to abolish a controversial tax break for corn ethanol.
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PRI launches major review of reporting and assessment process
17 June 2011The Principles for Responsible Investment (PRI) is to carry out a "massive review" of its reporting and assessment process, to reflect evolving practices in responsible investment.
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US ethanol tax break survives repeal effort
16 June 2011Tax credits for ethanol production remain on the US statute books, after an effort by Senate Republicans to repeal the support mechanism failed.
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Sustainability rating standard needed to 'avoid next BP' – Ceres, Tellus
16 June 2011Investor coalition Ceres and the Tellus Institute have launched an initiative to develop a standardised corporate sustainability ratings – with the aim of "avoiding the next BP disaster".
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Dump biofuels subsidies to stabilise food prices – report
13 June 2011Government subsidies for biofuels should be scrapped to help ease pressure on global food prices, says a report by the UN, the World Bank and the International Monetary Fund.
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Connecticut lawmakers give thumbs up to green bank, bonds for energy retrofits
09 June 2011Connecticut lawmakers have passed comprehensive energy legislation establishing the first state-level green bank in the US and allowing the creation of municipal bond programmes to pay for energy retrofits, albeit with a key modification to avoid the wrath of federal regulators.
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US clean energy target: casualty of nuclear meltdown
09 June 2011The nuclear disaster in Japan has killed the chances for a US clean energy standard (CES), according to a top Congressional staffer.
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Most firms failing on water risk management – report
09 June 2011A vanishingly small proportion of large companies are adequately managing risks posed by water shortages, drought and pollution, according to research by EIRIS.
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Shell, Cosan launch $12bn ethanol venture
07 June 2011Shell has combined forces with Brazilian ethanol company Cosan and launched a $12 billion joint venture, named Raizen, in one of the biggest biofuel deals to date.