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Swedish government to buy 500,000 CERs
06 December 2013A Swedish government agency has agreed to buy 500,000 carbon credits at above-market prices from a cookstove project in Uganda.
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Subsidy confirmation fuels share hike for biomass-burning plant
06 December 2013One of Europe's largest coal-burning power plants could convert all of its units to burn biomass, in a move that would boost its operator's share price by more than 50%, after the UK government confirmed the level of subsidy support for the technology, analysts have claimed.
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Palm oil giant pledges no more deforestation
05 December 2013Wilmar International, Asia's largest agribusiness, has today adopted a policy to "only provide products that are free from deforestation links".
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Derisking renewables
05 December 2013A cocktail of risks has hampered investment in low-carbon technologies. Public-backed guarantees, among others, should increasingly be used to help the capital flow, argues Gianleo Frisari
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Investors warn palm oil companies and financiers on climate change risks
05 December 2013A $270 billion investor coalition has called for palm oil producers and their financiers to adopt policies to ensure they do not contribute to climate change.
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8GW of projects make final stage of UK bidding round
04 December 2013A total of 16 projects with a combined generation capacity of 8GW have made it through to the final stage of the UK government's bidding round for subsidies.
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UK cuts subsidies for onshore and solar, but hikes offshore
04 December 2013The UK government has reduced planned subsidies for onshore wind and solar energy, although these will be partly offset by an increase for offshore wind.
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Sustainable Development plans $200m UK-China fund
04 December 2013UK-based investment and advisory company Sustainable Development Capital LLP (SDCL) is planning a $200 million fund to promote energy efficiency in both China and the UK.
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Investment company seeks $250m in growth capital for distributed generation
04 December 2013A renewables veteran is trying to raise up to $250 million in growth capital for a company that will invest in distributed energy generation and energy efficiency projects.
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RGGI calls on EPA to encourage emissions trading
03 December 2013US states participating in the Regional Greenhouse Gas Initiative (RGGI) have suggested that the Environmental Protection Agency (EPA) should include similar market-based approaches in its guidance to help other states curb their emissions.