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Sweeping changes to clean-tech index
01 May 2007The Cleantech Group has performed major surgery on its index tracking the US clean technology (clean-tech) sector. It has shrunk the number of stocks in the Cleantech Index (CTIUS), from around 65 to 45, and the criteria for inclusion have been significantly tightened.
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Forecasters raise hurricane warning
01 May 2007Hurricane forecasters have warned that 2007 will be a more active season than they originally thought and have said there is a higher likelihood of a major hurricane making landfall.
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WeatherBill hooks up with Nephila
01 May 2007WeatherBill, a newly-launched online weather risk management service, has announced a risk capacity and collateral agreement with Nephila Capital. The deal will see WeatherBill lay off weather risk it assumes from its customers with Nephila's Nimbus Weather Fund, a hedge fund active in weather and catastrophe bond markets.
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Car emission cuts to cost up to €23 billion
01 May 2007Plans by the European Commission to reduce carbon dioxide (CO2) emissions from new cars to 120 grammes per kilometre by 2012 will cost up to €23 billion, according to an impact assessment published by the Commission.
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EU ministers push for climate co-operation
01 May 2007Europe's energy, financial, transport and agricultural policies will have to be coordinated to meet the EU's carbon goals, according to German and UK ministers.
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A new chapter in accountancy standards
01 April 2007New accounting rules in North America and Europe will lead to a revolutionary expansion in environmental disclosure. Paul Watchman and Angela Delfino explain
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Stretch targets
01 April 2007German Chancellor Angela Merkel is fast cementing her position as Europe's greenest leader. At the EU's Spring Summit last month, she surprised many observers by securing a legally-binding commitment for the bloc to hit a 20% renewable energy target by 2020.
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Dipping their toes in
01 April 2007Some see carbon as merely the first of a whole range of markets for ecosystem services. But, as Sissel Waage and Emma Stewart found, the corporate world is approaching with caution
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Managing the mosaic
01 April 2007US environmental commodity markets are growing, but are fragmented, and likely to remain so in the near term. Success will require coming to terms with their complexity, argue Bob Shults and Reiner Musier
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Time for a new energy paradigm
01 April 2007Martijn Wilder and James Cameron argue that, for renewable energy to play its full part in the battle against climate change, new ways of thinking about energy supply are required – supported by new approaches to policy