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EDITORIAL: The investment case for a pristine Arctic
02 October 2012It is one of the supreme ironies of global warming: as the Arctic ice recedes in the face of rapidly rising temperatures at the poles, so the opportunity opens up for the extraction of potentially enormous reserves of oil and gas.
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Cargill to avoid high-carbon shipping
02 October 2012Three companies are to avoid chartering the least-efficient vessels in the global shipping fleet, in a bid to reduce the environmental impact of their businesses.
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Commission stalls ship emissions regulation
02 October 2012The European Commission has confirmed it will delay plans to regulate greenhouse gas emissions from shipping, but will work on monitoring, reporting and verification systems.
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Criminals hinder efforts to stop deforestation – UN
02 October 2012Organised criminals are behind at least half of the logging in tropical countries, threatening efforts to combat climate change and conserve forests, and are using investment funds to mask illegal forestry activities, according to a UN report.
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US power plants strained by heat, drought – UCS
01 October 2012Power plants in the US have been strained by this summer's heat and drought, with operators having to reduce power production or shut down reactors, according to the Union of Concerned Scientists (UCS).
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Landmark Moroccan solar project nears financial close
01 October 2012Financing for an estimated €750 million ($967 million) solar project in Morocco is within weeks of being finalised, with most funding likely coming from international development banks.
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Time to scale up action on biodiversity
28 September 2012The World Business Council's Peter Bakker makes the case for business action on biodiversity protection
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Chinese environmental projects get $600m of ADB finance
28 September 2012Four environmental projects in China have received a total of $600 million in lending from the Asian Development Bank (ADB), including two that are considering selling carbon credits.
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Macquarie, Barclays close second offshore wind licence
27 September 2012Infrastructure investors Macquarie Capital and Barclays were behind a £110 million ($178 million) winning bid to buy the rights to operate the transmission line for the UK's 184MW Walney 2 offshore wind farm.
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Solar tax credits likely to survive next Congress, say experts
27 September 2012The solar investment tax credit (ITC) is likely safe from repeal and could even be revamped to allow for a longer phase-out, according to some renewable energy experts.