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CCS 'on the way to being cost-competitive' in UK
16 May 2013Carbon capture and storage (CCS) has the potential to be cost-competitive with renewables in the UK, a report has claimed, but the government needs to continue to improve its subsidies regime to help bring down the cost of finance.
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EcoSecurities reduces headcount, again
16 May 2013Project developer EcoSecurities has reduced its headcount again, Environmental Finance has learned.
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Australia confirms backloading failure will hurt its carbon price
16 May 2013The failure of EU politicians to fix Europe's emissions market has forced the Australian government to more than halve its carbon price forecast for 2015.
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Investors expect EU, China to avert full-blown solar trade war
16 May 2013The EU and China are likely to reach a compromise rather than declare a full-blown solar trade war because of the damage it would do to demand in Europe, investors believe.
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NY Green Bank seeks president
15 May 2013New York governor Andrew Cuomo has begun the search for a president of the state's recently announced $1 billion green investment bank.
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Tidal energy market 'boosted' by Climex and Tocardo tie-up
15 May 2013Carbon trading exchange Climex has started selling energy generated from turbines produced by Tocardo Tidal Turbines in a move hailed as a "a major step in the development of the tidal energy market".
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Banks back 'broader, more robust' Equator Principles
14 May 2013Financial institutions that have signed up to the Equator Principles (EP) have backed a new, more robust, version of the voluntary rules for banks' project finance activities.
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MBB issues €72m bond to fund wind and solar deals
14 May 2013MBB Clean Energy has raised €72 million ($93.4 million) on the bond market and plans to invest the proceeds in ready-to-operate wind and solar farms.
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EU climate dithering risks lost decade of investment
13 May 2013The EU must resolve "conflicting and contradictory" signals on climate policy to avoid a "lost decade" of investment in its power sector, European electricity association Eurelectric warned in a new report.
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South African renewables projects worth $3.1bn reach financial close
13 May 2013The South African government's renewable energy programme has seen projects worth a total of $3.1 billion reach financial close, in the initiative's second financing round.