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Delivery, financing woes drive Vestas, Suzlon losses
19 August 2010Delivery delays, tight financing and regulatory uncertainty are key factors behind significant losses in the renewables sector, analysts and industry say.
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Gevo files for IPO of up to $150m
19 August 2010Second generation biofuel firm Gevo has filed for an initial public offering (IPO) in the US, hoping to raise up to $150 million.
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BP drags down Norway pension fund
19 August 2010A major Norwegian pension fund has named oil producer BP its worst performing stock, with the fallout from the Gulf of Mexico spill crisis losing $1.7 billion for the fund.
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UK finance directors lag on low-carbon agenda – Carbon Trust survey
19 August 2010Three quarters of large companies in the UK do not measure and report their carbon footprint, while many finance directors remain unprepared for the shift to a low-carbon economy, according to a survey sponsored by the Carbon Trust Standard Company.
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US CCS plan slated for lack of ambition
19 August 2010A US interagency blueprint for commercial-scale deployment of carbon capture and storage (CCS) argues that challenging obstacles can be overcome, such as the lack of a national carbon price and questions over long-term liability.
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SAM in amicable split with STOXX, deepens links with Dow Jones
19 August 2010Dow Jones is to calculate, market and distribute a European sustainability index for SAM, after the boutique sustainability investment firm "amicably" terminated its agreement with STOXX.
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Aon launches cat bond indexes, as investors shy away from wind risk
19 August 2010Aon Benfield has launched a series of catastrophe bond indexes, as a Swiss Re report shows a surfeit of bonds linked to US wind storm risk hitting the market ahead of a likely active hurricane season.
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FutureGen revamped by US, but tech choice raises questions
12 August 2010The US government has overhauled the long-delayed FutureGen carbon capture and storage (CCS) project, but observers say cost and technology obstacles mean it may never get off the ground.
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E&Y plans UK clean-tech expansion
12 August 2010Ernst and Young (E&Y) is planning a major expansion of its UK clean-tech team, with plans to hire around 300 people in the coming years.
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CBI calls for energy reform by February
12 August 2010A leading UK business group says £150 billion ($234 billion) of green investment will be at risk if the government fails to deliver key energy reforms within six months.