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An inconvenient state?
01 October 2006California's climate change legislation marks a dramatic step forward in US efforts to tackle greenhouse gas emissions. Douglas Smith considers its implications
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US EPA 'simplifies' New Source Review
01 October 2006The US Environmental Protection Agency has proposed changes that it says will simplify the New Source Review (NSR) programme for power and industrial plants.
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Let a thousand wind farms bloom
01 October 2006In wind energy, as in everything else, China is set to become a global giant. But the development of wind farms and a domestic turbine manufacturing base are far from plain sailing, as Michael Rank reports
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Investors to pour $80 billion into ethanol by 2021
01 October 2006Investment in ethanol plants will top $80 billion over the next 15 years, according to a report by the McIlvaine Company.
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Doing something about disclosure
01 October 2006September has become the month of carbon disclosure. At events around the globe – after a launch in New York on the 18th – the findings of the latest Carbon Disclosure Project (CDP) were unveiled to the world.
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California bill could spawn giant REC market
01 October 2006The California Legislature has passed a bill requiring 20% of electricity to come from renewables by 2011, and allowing trading of renewable energy certificates (RECs) to help achieve that goal.
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ANZ in the dock over logging
01 October 2006Acoalition of non-governmental organisations, including the Australian Conservation Foundation (ACF), has lodged a complaint with the OECD over Australian bank ANZ's involvement with a major logging company's operations in Papua New Guinea (PNG).
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Wider, longer, deeper
01 October 2006The EU Emissions Trading Scheme is not without its critics, particularly regarding its impact on competitiveness. But Paul Dawson argues that the answer is more, not less, emissions trading
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EU carbon prices fall, as uncertainty lingers
01 October 2006Prices of EU carbon dioxide allowances (EUAs) fell in mid-September, with some market participants arguing that the EU Emissions Trading Scheme market could be beginning its long-anticipated trend towards zero. Meanwhile, other traders say that the delayed submission of member states' national allocation plans – setting emissions targets for Phase II of the EU ETS, from 2008, is harming the market. On 21 September, the European Climate Exchange's December 2006 EUA contract closed at €13.55 ($17.35)/t, down from €16.25 three days earlier.
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A trillion and rising
01 October 2006The latest study from Eurosif estimates the European socially responsible investment market is worth more than €1 trillion. Matt Christensen reviews its findings