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ICAO agrees aviation emissions plan for 2020 but 'handicaps EU efforts'
07 October 2013The International Civil Aviation Organization (ICAO) has agreed to introduce a global market-based mechanism to reduce greenhouse gas emissions beginning in 2020, but has been slammed for restricting regional efforts to do the same.
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Norway to buy 30 million offsets to rescue 'stranded' CDM projects
03 October 2013Norway's ministry of finance has signed an agreement to buy up to 30 million carbon credits from projects that risk being discontinued because of low emissions prices.
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India's eagerly-awaited 750MW solar auction 'expected soon'
03 October 2013Activity in India's solar sector is set for a boost, as the government is expected to announce the eagerly-awaited second phase of its solar auction programme, after months of delay.
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IPCC's carbon budget provides new impetus to limit fossil fuel investments, say observers
30 September 2013The 'carbon budget' set by scientists in the latest Intergovernmental Panel on Climate Change report should help limit carbon-intensive investments, according to observers.
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Banker calls for sustainability reporting metrics to be standardised by law
26 September 2013The sustainability metrics reported by companies should be standardised and defined by law to help the environmental, social and governance investment sector expand beyond its current niche, a conference heard.
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Stern backs new climate change economics study ahead of Paris 2015
24 September 2013Businesses and government leaders have launched a project to analyse impacts of climate change on the economy, backed by leading economist Nicholas Stern.
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China to introduce carbon tax alongside emissions trading - IETA
24 September 2013Chinese industry is likely to face a carbon tax as well as a national emissions trading system (ETS) from 2016, according to the International Emissions Trading Association (IETA).
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Investor interest not a major driver of corporate sustainability – survey
23 September 2013Only 12% of chief executives see investor interest as a major driver of corporate sustainability practices, while the vast majority say governments have a key role to play, according to an international survey of 1,000 CEOs.
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Rules for new US power plants 'to boost gas and renewables investment'
23 September 2013The US Environmental Protection Agency's proposed carbon emission limits for new power plants will spur investment in clean energy, but natural gas is expected to be the big winner, according to observers.
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EU carbon prices fall after 'missed opportunity' to reform ETS
19 September 2013European carbon prices have taken a hit after the European Parliament's environment rejected a proposal to move quickly to structurally reform the market and impose a 2030 climate and energy framework.