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Subsidy pullback to hit wind, biomass harder than solar, say experts
06 January 2012The expiration of the 1603 US cash grant programme is likely to slow but not stop the solar industry's fast march toward grid parity, as solar costs continue to decline rapidly, said industry experts.
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GreenX delists CSAPR futures contracts
06 January 2012Green Exchange has delisted the March 2012 expiration month for four Cross-State Air Pollution Rule (CSAPR) futures contracts, in response to the US Court of Appeals suspending the rule.
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Expiry of US grant programme to spur innovative renewables financing, say experts
05 January 2012Competition for financing for US renewable energy projects will become fiercer following the expiration of the cash grant programme, but its absence will see alternative financing mechanisms take hold and new tax equity investors courted, financing experts said.
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China, India up ante in spat over aviation emissions
05 January 2012China and India have ratcheted up their rhetoric against the inclusion of their airlines in the EU Emissions Trading System (ETS), with both countries reportedly threatening not to comply with the programme.
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China Three Gorges stake in EDP set to boost renewables – analyst
05 January 2012Portugal's sale of its state-owned stake in the country's largest utility has been welcomed by a leading analyst as a "brilliant" opportunity that will boost renewable investments in Europe.
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Munich Re confirms highest ever catastrophe losses in 2011
05 January 2012Last year was the costliest ever in terms of natural catastrophe-related economic and insured losses, according to reinsurer Munich Re, in line with preliminary estimates from its rival Swiss Re in December.
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US emissions markets 'in flux' as CSAPR put on hold
04 January 2012Cross-State Air Pollution Rule (CSAPR) allowances came under substantial pressure in very light volumes on Tuesday due to a federal court's decision to temporarily stop the US Environmental Protection Agency (EPA) from implementing the programme.
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Court puts new US emissions markets in deep-freeze
04 January 2012The Cross-State Air Pollution Rule (CSAPR) emissions allowance market could be dead for 2012, following a somewhat surprising decision by a federal court to temporarily prevent the US Environmental Protection Agency (EPA) from implementing the rule, according to some experts.
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Vestas profit warning heralds tough year for turbine makers
04 January 2012The factors behind Vestas' profit warning yesterday are company-specific, said analysts, but they warned that other wind turbine makers are likely to struggle this year.
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US wind tower makers join battle on subsidies
04 January 2012China and Vietnam are unfairly subsidising wind tower exports, according to a coalition of US wind tower makers which has filed a complaint with the Department of Commerce – firing the latest salvo in a growing clean energy trade war.