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$3trn investor coalition heaps 'stranded asset' pressure on fossil fuel firms
24 October 2013A coalition of investors worth $3 trillion has joined forces to write to 45 of the biggest oil and gas companies demanding how they are dealing with the threat of 'stranded assets'.
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China's battle with smog to drive up water stress, warns report
24 October 2013China's recently announced effort to combat the smog blighting its eastern cities will exacerbate the water stress facing the country, a new report has warned.
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UK renewables projects earmarked for government loan guarantees
22 October 2013A number of renewable energy projects have been earmarked to receive government guarantees worth up to £33 billion ($53 billion) in total, the UK Treasury announced today.
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'Climate finance' investments fall in 2012 as 2°C target drifts further away
22 October 2013The amount of climate finance invested fell last year to $359 billion, a study has revealed, with private investments showing a marked slowdown.
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Green infrastructure needs $1trn/year from institutional investors, says OECD
21 October 2013Governments and policymakers are looking to pension funds, insurance companies and other institutional investors to provide up to $1 trillion a year for green infrastructure, says the Organisation for Economic Co-operation and Development (OECD).
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California adopts first US energy storage target 'to boost renewables'
18 October 2013California's utilities will be required to buy energy storage capacity totalling 1.325GW by 2020 under a "first of its kind" target set by state regulators.
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EUAs jump as Merkel boosts hopes for market fix
17 October 2013European carbon prices have jumped after German Chancellor Angela Merkel said she backed a proposal to 'backload' emissions allowances, boosting hopes that the plan to support prices will come into force.
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Commission calls for EU ETS to include all flights in EU airspace until 2020
16 October 2013The EU's climate commissioner has fought back on the regulation of international aviation emissions by proposing that the share of all flights taking place in European airspace should be covered by the EU's carbon market.
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Voting begins in 14th annual Environmental Finance rankings
15 October 2013Voting has opened in the annual Environmental Finance market rankings – the largest and most closely watched survey of the world's environmental markets.
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Accountants call for action on 'stranded assets'
14 October 2013Companies should measure the potential greenhouse gas (GHG) emissions stored within their fossil fuel reserves and account for them, according to Warren Allen, president of the International Federation of Accountants.