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Centrica 'raising £1.8bn' to build offshore wind farm
04 March 2013UK utility Centrica is seeking £1.8 billion ($2.7 billion) to help fund the construction of its 580MW Race Bank offshore wind farm, according to reports.
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India's budget to 'spur investments' in renewables
04 March 2013India has announced a range of incentives for renewable energy in its latest budget, in a move likely to help the sector recover after a lacklustre 2012.
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GCCSI opens Beijing office
04 March 2013The Global Carbon Capture and Storage Institute (GCCSI) has opened an office in China and signed a memorandum of understanding with one of the country's biggest oil and gas companies.
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South Africa's updated carbon tax plan 'firmer' despite delay
01 March 2013South Africa has delayed introducing a carbon tax until 2015, but the publication of more detailed plans for the measure has fuelled hopes that it will be implemented.
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Continental bows to investor pressure on gas flaring
01 March 2013Continental Resources, one of the largest oil producers in North Dakota's Bakken region, has committed to reduce natural gas flaring from its well sites to "as close to zero percent flaring as possible".
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Dong targets 40% reduction in offshore wind costs
01 March 2013Offshore wind farms brought into service in 2020 should be able to sell power into the UK market at €100 ($130)/MWh, a 40% lower cost than at present, Dong Energy has said.
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Aluminium Stewardship Initiative recruits new members
28 February 2013Car makers Audi and BMW, packaging firm Rexam and Norwegian metal producer Hydro have signed up to the Aluminium Stewardship Initiative (ASI).
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'Alarm bells need to ring' on Europe's slow CCS progress – EC energy head
28 February 2013The slow development of carbon capture and storage (CCS) plants in Europe should cause "alarm bells to ring", as the region's dependence on fossil fuels is growing, the European Commission's head of energy has said.
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EIB hit by hoax claims it is to stop funding coal
28 February 2013The European Investment Bank (EIB) was the victim of a prank yesterday, when a coalition of NGOs released a fake press release announcing that the bank was to stop funding coal-fired power plants.
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No price premium for Kexim green bond – SEB
28 February 2013Korea's Export-Import Bank has raised a $500 million green bond – but one of the bankers arranging the transaction has denied that it was able to cut its funding costs by going green.