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US solar stocks soar on Obama's budget proposals
04 February 2015Shares in leading US solar energy companies have jumped by 9% or more following President Obama's 2016 budget proposal on Monday to make permanent the tax credits that support US renewable energy projects.
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Balance of power in renewables shifting to developing countries, says consultant
27 January 2015A major shift in the distribution of renewable power capacity from the EU and North America to developing countries is likely over the next decade, according to consultants Frost & Sullivan.
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UK government urged to promote natural capital accounting
27 January 2015The UK's Natural Capital Committee (NCC) has urged the government to identify priority investments and promote the use of a new accounting framework to help meet its commitment to improve the nation's natural environment.
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GIB appoints its first CFO
26 January 2015The UK Green Investment Bank (GIB) has appointed its first chief financial officer, and said it has now moved "beyond the start-up phase".
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Californian pension funds are wary of coal divestment legislation
24 December 2014Two major pension funds have reacted warily to reports that Kevin de Leon, Californian senate leader, plans to introduce legislation that would require them to sell their holdings in coal companies.
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Alstom shareholders approve $13.5bn takeover by GE
22 December 2014Shareholders of French industrial giant Alstom have approved the sale of the firm's energy businesses to General Electric (GE) of the US for $13.5 billion.
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Study forecasts explosive growth for second generation biofuels
22 December 2014Production of 'second generation' biofuels – made from non-food crops or waste biomass – is expected to grow by more than 49% a year until 2020, to reach a market of $23.9 billion in 2020, according to a new report.
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China formally announces ETS
18 December 2014China's national carbon market took a step closer to becoming a reality after the government released some details of how it would be run.
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Analysts predict further strong gains for EU carbon prices in 2015
18 December 2014Carbon market analysts expect the price of EU allowances (EUAs) to rise by a further 40% in 2015 after a rise of more than 30% this year, despite some bearish fundamental factors.
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More investors join campaign to boost green bond market
16 December 2014Five more institutional investors, with combined assets under management of around $200 billion, have backed a campaign to expand the green bond market.