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Carbon price could surpass £500 – UK government
10 June 2010The global price of carbon could reach more than £500 ($732) a tonne by the latter 21st century, according to an interim projection by the UK government.
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Equipment, training focus in Exxon spill performance
10 June 2010ExxonMobil plans to target training, inspection and equipment reliability issues to improve its record on spills, the oil giant said in its 2009 corporate citizenship report.
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Too little, too late?
08 June 2010President Obama is finally putting his shoulder to the wheel in support of the Kerry-Lieberman climate proposal – but will it be enough? Gloria Gonzalez reports
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$4bn REDD+ agreement sends glimmer of hope to private sector
03 June 2010Governments last week pledged to provide $4 billion in finance for projects to protect forests through the intergovernmental REDD+ Partnership – which also acknowledges the role of the private sector in scaling up finance for the sector.
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Investors question if renewables finance flowing fast enough
03 June 2010Costs for financing for renewable energy projects are down from highs of the credit crisis, but questions remain over whether investment will rise to required levels, according to financiers.
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China joins US at top of clean energy investment table
03 June 2010Massive investment in clean energy projects has propelled China to the number one spot in a report ranking the world's most attractive locations for renewable energy investment.
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Conservation bank eyes £100m for UK pilot
03 June 2010Conservation groups are backing a pilot scheme in the UK to generate large-scale financing for habitat remediation using "conservation credits". The Environment Bank is hoping to raise £100 million ($146 million) into the pilot, by incentivising property developers to buy credits to compensate for the ecosystem services lost by new developments.
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Forecasters warn of active hurricane season, as cat bond issuance steams ahead
03 June 2010North America should expect an active Atlantic hurricane season this year, according to leading forecasters. The predictions coincide with a slew of catastrophe (cat) bond issued in the past month.
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Brazilian companies hijack GRI awards
03 June 2010Brazilian businesses scooped the pools in the latest awards from Global Reporting Initiative (GRI), sparking questions over the survey's methodology and credibility.
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Biodiversity policy could learn from carbon market – EIB
03 June 2010Policy-makers should look to the carbon market in seeking solutions to biodiversity loss, delegates were told at Green Week, the European Union's annual environment conference, in Brussels on Wednesday.