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Harnessing the power of finance
01 June 2008The Equator Principles have helped transform risk management in project finance. But, says Lars Thunell, their implementation and evolution continue to pose challenges, as well as present opportunities
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Rapporteur calls for EU biofuels target to be scrapped
01 June 2008A key figure in the European Parliament is calling for the proposed 10% biofuels target to be scrapped, and alterations to plans for member states to meet challenging renewable energy targets through a trading scheme.
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It's an ill wind
01 June 2008It's one thing to realise that weather can move commodity markets or maul company revenues – it's another thing to profit from it. Mark Nicholls talks to Peter Brewer, the hedge fund manager who does
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Governors on the march
01 June 2008As US federal legislators plan long-anticipated climate change legislation, they would do well to look to the practical progress made by state governors, say Michael Northrop, David Sassoon and Ken Colburn
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A break in the clouds
01 June 2008Difficulties in the wider economy have not spread to the weather markets, which seem to have succeeded in attracting more end-user business, reports Christopher Cundy
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People moves this month
01 June 2008Renewable energy investor Good Energies has appointed GEORGE COELHO as a managing director and head of venture capital. He will also be responsible for the team looking at European investment in the solar sector.
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China quake shakes carbon credit supply
01 June 2008The impact of the 12 May earthquake in China's Sichuan province on scores of hydropower projects in the area, as well as the extent of damage to the country's largest manufacturer of power generation equipment, remains unclear.
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Biofuel-friendly US Farm Bill voted through with huge majority
01 June 2008The US Congress has voted overwhelmingly to pass legislation that shifts tax breaks towards cellulosic ethanol production and renews support for biodiesel production. Lawmakers are also debating revisions to the tax code that would stop 'splash and dash' trades, which has led to the EU being flooded with cheap biodiesel routed via the US.
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McCain's plan opens door to offsets
01 June 2008Presumptive Republican presidential candidate John McCain unveiled his climate change plan on 12 May, calling for a cap-and-trade scheme that would initially allow the use of offset credits for 100% of compliance. He also pledged to engage in UN-led negotiations on a successor agreement to the Kyoto Protocol, which expires in 2012.
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$20bn boost for US?wind power supply chain
01 June 2008Companies supplying the US wind-energy industry should be the biggest winners of plans by Texas oilman T Boone Pickens to build America's largest wind farm in the Texas panhandle, analysts say.