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Drax delays biomass plants amid support uncertainty
05 August 2010UK-based generator Drax will delay development of three 290MW biomass plants because of a lack of clarity over government subsidies.
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Push to save PACE in US Congress, courts
05 August 2010Lobbying is heating up in the US for legislation to rescue innovative bond programmes that help pay for energy efficiency and renewables.
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Spanish feed-in tariffs to fall 45%
05 August 2010Spain's solar industry is set for a shake-up as the government announced plans to slash subsidies by up to 45%.
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Gulf spill has 'far reaching' impact on oil company credit – S&P
05 August 2010The oil spill and subsequent suspension of drilling permits in the Gulf of Mexico will have a long-term impact on the creditworthiness of oil and gas companies, according to ratings agency Standard & Poors.
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SO2, NOx trading back on table in US?
29 July 2010US senators on both sides of the aisle prefer a legislative fix to the embattled Clean Air Interstate Rule (CAIR) programme to plans set out by the country's Environmental Protection Agency (EPA).
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BP oil spill damages to stretch insurance coverage
29 July 2010BP and its partners on the Deepwater Horizon oil rig do not have enough insurance to cover the potential damages sought in litigation so far, according to an analysis by insurance information provider Advisen.
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Green makeover could turn RBS into GIB: report
29 July 2010Royal Bank of Scotland (RBS) could be transformed into the Green Investment Bank (GIB) "to kick start a green economy" and help the UK meet its climate change targets, according to an NGO report.
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Investor confidence still elusive as UK updates energy policy?
29 July 2010The UK renewables sector gave a mixed reaction to changes in the country's energy policy this week, with general applause for the spirit of the announcements, but concerns that many key decisions have been delayed.
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Fossil fuel subsidies 10x renewables support
29 July 2010Worldwide renewable power and biofuels received $43 billion-46 billion in subsidies last year, only a fraction of the government subsidies for fossil fuels, according to preliminary figures from Bloomberg New Energy Finance (BNEF).
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Investors protest Vedanta's environmental record
29 July 2010Growing concern over the environmental and social performance of UK-listed mining firm Vedanta Resources prompted some investors to abstain or oppose resolutions at the company's annual general meeting (AGM) in London this week.