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Southern buys $475–500m biomass power project in Texas
14 October 2009US electricity utility Southern Company is buying a $475m–500m, 100MW biomass power project in Texas from developer American Renewables as part of its plan to expand its biomass generating capacity.
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FRR calculates climate risk to asset classes
08 October 2009Long-term investors should consider shifting out of equities and into bonds, unless they believe ambitious efforts to tackle climate change are likely, a working paper by French pension fund Fonds de Reserve pour les Retraites (FRR) suggests.
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Clean energy investment slips again
08 October 2009Global investment in clean energy slipped to $25.9 billion in the third quarter of 2009, according to analysis firm New Energy Finance (NEF), down from $28.6 billion in the second quarter and 22% below the same period last year. However, investment is still much higher than in the first quarter of 2009, when it fell $13.3 billion.
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Corrected: Industry questions Commission's CCS shortlist
08 October 2009The European Commission has proposed a list of six carbon capture and storage (CCS) projects to receive a total of €1.05 billion ($1.6 billion) in funding, but industry representatives are concerned about the lack of transparency involved in the selection procedure.
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US government watchdog suggests ethanol tax credit unneccesary
07 October 2009The top US government watchdog has cast doubt on the necessity of federal ethanol subsidies, drawing a sharp rebuke from the Renewable Fuels Association (RFA).
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Ten years on
01 October 2009It's Environmental Finance's 10th anniversary. Editor Mark Nicholls looks back at a decade of progress – and a few pitfalls on the way
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Moving into the mainstream
01 October 2009Ten years ago, most investors dismissed environmental issues out of hand. Now, the evangelists and the specialists have been joined by the investment mainstream. Mark Nicholls reports
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Putting a price on the climate
01 October 2009Ten years ago, the notion of a carbon market was still just that – a nice idea that was a long way from reality. Last year, it was worth in excess of $120 billion. Katie Kouchakji charts the path from good intentions to a multi-billion-dollar business
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Insight Investment SRI team facing redundancy
01 October 2009The leading socially responsible investment (SRI) team at Insight Investment is likely to be made redundant, following the break up of the UK-based asset manager.
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Climate revenues soar – but renewables snag HSBC index
01 October 2009Corporate revenues related to climate change rose globally by 75% in 2008, according to HSBC – but its Climate Change Index has underperformed global equities by 0.8% since its inception in 2007.