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Cement sector 'needs more than EU ETS to curb emissions'
03 March 2014The EU Emissions Trading System (ETS) is "essential" but a higher carbon price and complementary policies are required "to unlock much of the emissions reduction potential in the cement sector," says a new report.
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UK GIB requests mandate to lend to small-scale renewables
03 March 2014The UK's £3.8 billion ($6.4 billion) Green Investment Bank has requested that its mandate be extended to allow it to lend to small-scale renewables, after the Co-operative Bank cut its support for the sector.
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'Game-changing' corporate reporting rules clear key hurdle
27 February 2014EU proposals to force large companies to report environmental metrics were hailed by a leading investor as "a game-changer for corporate transparency", after they took a step closer to becoming law.
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CDM must stop verifier exodus, warns new Executive Board member
26 February 2014The Clean Development Mechanism will struggle to recover if verifiers continue to leave the market, a new member of its oversight board has warned.
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RGGI proceeds provide $700m for low-carbon energy projects
25 February 2014The nine US states participating in the Regional Greenhouse Gas Initiative (RGGI) have invested more than $700 million of proceeds from the programme to curb energy use and reduce carbon emissions.
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Speed up EU ETS reforms or risk lost decade: Climate Change Capital
25 February 2014The EU's Emissions Trading System risks suffering a "lost decade" unless policymakers bring forward plans to combat the oversupply of allowances dogging the market, Climate Change Capital has warned.
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Japan overtakes UK in attractiveness for renewables investment
25 February 2014Japan is now more attractive than the UK for renewable energy investments, according to consultants EY.
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World's first gas-based CCS project wins UK government support
24 February 2014The UK government has agreed to fund an engineering and design study for what could become the world's first carbon capture and storage (CCS) project at a gas-fired power plant.
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70% rise in emissions covered by cap-and-trade since EU launch, says report
06 February 2014The volume of global emissions covered by emissions trading systems (ETS) is set to rise 70% by 2015 since the world's first carbon market was launched in the EU, a report has forecast.
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Norway's $800bn 'oil fund' halves coal production holdings
29 January 2014Norway's $800 billion sovereign wealth fund has divested half of its holdings in coal miners over the past two years, its manager has said.