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Tailwind drops for US wind energy sector
27 May 2010The US wind sector will have a hard time expanding in 2010, highlighting the need for new government policies to support renewables such as a national renewable electricity standard (RES), according to a study.
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EC lays out 30% reduction options
27 May 2010The European Commission yesterday published its official analysis of how the EU could increase its 2020 emissions reduction target to 30% – raising the possibility of reducing the number of allowances to be auctioned and introducing a multiplier for offset credits.
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Tony Blair takes Khosla shilling
27 May 2010Former UK prime minister Tony Blair has joined California venture capital (VC) firm Khosla Ventures.
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JPMorgan Chase sets out mountaintop removal policy
20 May 2010JPMorgan Chase has joined the ranks of banks with policies on mountaintop removal (MTR), but not in time to avoid a failing grade on a 'rank 'em and spank 'em' scorecard by Rainforest Action Network (RAN).
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Macquarie launching US renewables infrastructure fund
20 May 2010Macquarie, one of the world's leading infrastructure investment managers, is understood to be raising money into a fund focused on US renewable energy infrastructure.
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Nominations open for 2010 Environmental Finance awards
20 May 2010Environmental Finance and Carbon Finance are seeking nominations for this year's awards.
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Biomass energy plantations 'worsen climate change' – NGO
20 May 2010The bioenergy industry has defended the use of forest plantations to create fuel for power plants, following claims by NGO Biofuelwatch that expanding wood biomass production to meet EU renewable energy targets will make climate change worse, not better.
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Merrill hires leading sustainability analysts
20 May 2010Bank of America-Merrill Lynch (BoAML) has hired two leading sustainability analysts, in further evidence of resurgent interest among sell-side brokers in offering responsible investment research.
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Global Environmental Facility pledges $250 million for forest finance
20 May 2010The Global Environmental Facility (GEF) has announced a funding envelope of $250 million for sustainable forestry management (SFM) initiatives, including a focus on using forests for climate change mitigation.
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Better chance for renewables support outside Kerry-Lieberman - analyst
20 May 2010Hopes that a Senate energy and climate proposal might extend the US' successful grant programme for renewable energy have been dashed – but analysts suggest an extension may be more likely if separated from the controversial proposal.