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Wind sector to benefit from UK FIT review
11 February 2011UK investor attention will increasingly turn back to onshore wind, with the government's recently announced feed-in tariff review sparking market uncertainty and pushing some investors to dump their solar development plans.
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Republicans seek to gut US renewables loans
10 February 2011Republicans in the US House of Representatives have proposed gutting popular government programmes that have eased financing of renewable energy projects.
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Clean energy standard to fail in US Congress, predicts MidAmerican
10 February 2011The odds are against passage of a US federal clean energy standard (CES) and against legislation to prevent the so-called regulatory train wreck, according to utility MidAmerican Energy.
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MGM casinos: House wins with sustainability policy
10 February 2011With its bright lights that can be seen for miles, Las Vegas isn't the first US city that comes to mind when thinking about energy conservation and sustainability. But casino owner MGM Resorts International is changing that perception, to great financial and environmental results.
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Khosla-backed biofuels firm Gevo rises after IPO
10 February 2011Shares in Gevo rose as much as 16% in their first day of trading on Nasdaq yesterday, following an initial public offering (IPO) of the Vinod Khosla-backed biofuels and renewable chemicals firm that was priced at the top of its range.
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Palm oil giant pledges action on Indonesian deforestation
10 February 2011Golden Agri-Resources (GAR) has reached an agreement with an environmental group to conserve carbon-rich forests in Indonesia – including setting a provisional 'carbon threshold' which would see it protect high-carbon forests.
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Italy may face substantial solar subsidy bill, but retroactive cuts unlikely
10 February 2011Retroactive cuts to Italy's generous solar subsidies are unlikely, according to analysts at investment bank Jefferies, which is expecting the government to respond to high and suspected fraudulent take-up of the feed-in tariff with cuts to rates starting in 2012.
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US government funding fuels $100m clean-tech private investment
10 February 2011The US government is claiming a win for its clean-technology (clean-tech) stimulus funding, announcing that six US clean-tech companies have secured more than $100 million in private capital a year on from picking up $23.6 million in government funding.
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UK FIT review leaves industry sanguine, investors uncertain
10 February 2011Renewables firms and groups in the UK have cautiously welcomed the government's plan to review the renewable energy feed-in tariff (FIT) system introduced less than 12 months ago, but experts warn it could add to investor uncertainty.
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EU clean energy goals require 'major efforts' – EU leaders
10 February 2011The EU still needs to make "major efforts" to modernise its energy structure and fully develop its renewable energy resources, European heads of state and government agreed during a meeting in Brussels last week. They called on the European Commission to explain by June how it plans to finance these efforts.