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Certifier UL approves use of petrol pumps for 15% ethanol
25 February 2009After strong objections from the US ethanol lobby, a major product safety certification organisation has reversed course and agreed that standard petrol pumps can dispense safely petrol mixed with up to 15% ethanol.
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RiskMetrics acquires Innovest for $16 million
19 February 2009Financial research and advisory firm RiskMetrics is to buy Innovest Strategic Value Advisors, a leading environmental, social and governance (ESG) research company.
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Pictet hoping for €1 billion in 'megatrends' fund
19 February 2009Pictet is launching what it claims is a first-of-its-kind 'megatrends' fund that includes exposure to its water, clean energy and timber investment themes.
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Exchange to list US voluntary carbon credits
19 February 2009The Chicago Climate Futures Exchange (CCFE) will tomorrow list futures contracts for carbon offsets registered under the US Climate Action Reserve.
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Carbon market speculators get caught short
19 February 2009Yesterday saw the largest ever volumes in Europe's carbon market, as speculators betting on a further collapse in prices found themselves caught out.
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Analyst expects CCS to surge following US stimulus package
19 February 2009Carbon capture and storage (CCS) has received a fillip from the US, with $3.5 billion earmarked in President Barack Obama's stimulus package for demonstration projects and growing support at the state level.
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GM, Exxon and Chevron make climate blacklist
19 February 2009Nine US and Canadian companies have done such a poor job in evaluating and disclosing the impact of climate risk on their business operations that they earned a place on a 'Climate Watch List' created by investors.
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US stimulus package provides large boost for biomass energy but little for biofuels
18 February 2009US biomass energy looks set to be a big beneficiary of the $787bn economic stimulus package signed this month by the US president Barack Obama but ethanol and biodiesel received limited support.
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US ditches mercury trading plans
12 February 2009US plans for a cap-and-trade system to cut mercury emissions are likely to be abandoned in favour of regulation, after Barack Obama's administration decided to drop a key appeal.
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Evian and Volvic to become 'plastic neutral' in UK
12 February 2009Danone Waters plans to make Evian and Volvic bottled water 'plastics-neutral' in the UK, through the use of recycled plastic.