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Barclays to take over Biofuels
01 July 2007UK-based Barclays Bank intends to save its client Biofuels Corporation, which operates the UK's largest biodiesel plant, from complete collapse by taking over 94% of the company and cancelling £40 million ($81 million) of its nearly £100 million of debt.
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Adding up the numbers
01 June 2007Matthew Arnold considers how sustainable banking has moved from a sideshow, to a risk management issue, to a major business opportunity – and looks at how Citigroup came up with its $50 billiion pledge
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Circling the Equator
01 June 2007Some banks appear to be dodging their commitment to the Equator Principles, says David Barnden – but it's proving difficult to hold them to account
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The beginnings of a plan
01 June 2007Canada's new emissions plan may be tougher on industry than many environmentalists claim. But more will clearly be required across all sectors of Canadian society, says John Drexhage
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Cap and trade and more
01 June 2007Pressure is building for a federal cap-and-trade scheme in the US to tackle greenhouse gas emissions. However, such a scheme is a necessary, but not sufficient, condition for addressing the climate challenge, say Michael Northrop and David Sassoon
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A?question of credibility
01 June 2007Asincere change of heart, or merely the latest cynical delaying tactic? Environmental NGOs are in little doubt: George Bush's apparent volte face on an international effort to tackle greenhouse gas emissions (see page 4) is, in the words of Friends of the Earth, a "charade". WWF argues that it "casts a long dark shadow over the G8 process".
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California green
01 June 2007A new investment approach by two of California's largest pension funds could have more environmental impact than if the US were to join the Kyoto Protocol, say Christopher Murphy and Jonathan Naimon
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On the front line
01 June 2007Entergy's customer base will be among the first to feel the effects of climate change, so the US utility is moving fast to limit its greenhouse gas emissions. Christopher Cundy reports
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Putting principles into practice
01 June 2007Neil Daetwyler explains the evolution of the Equator Principles, and how project finance houses are putting them into practice
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Sustainable banking goes commercial
01 June 2007A year after the launch of the IFC's Performance Standards, banks are rising to the challenge they set, says Rachel Kyte