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Macquarie, Barclays close second offshore wind licence
27 September 2012Infrastructure investors Macquarie Capital and Barclays were behind a £110 million ($178 million) winning bid to buy the rights to operate the transmission line for the UK's 184MW Walney 2 offshore wind farm.
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Solar tax credits likely to survive next Congress, say experts
27 September 2012The solar investment tax credit (ITC) is likely safe from repeal and could even be revamped to allow for a longer phase-out, according to some renewable energy experts.
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A flexible approach to finance
27 September 2012Embedding sustainability considerations into business planning involves flexible thinking within the finance department, says Diageo CFO Dierdre Mahlan
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Risk management at a premium for Arctic gold rush – Verdantix
27 September 2012Global warming and supportive government policies will drive a natural-resources "investment boom" in the Arctic, according to sustainability consultancy Verdantix – but it warns that an environmental disaster in the region would "crush a corporation".
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UK Green Investment Bank CEO named
27 September 2012Private equity financier Shaun Kingsbury has been named as the chief executive officer of the UK Green Investment Bank (GIB).
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Climate investor groups slammed for lack of cooperation
26 September 2012The organiser of an initiative to get asset owners to disclose climate risks has blasted three investor groups that have declined to collaborate with it.
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Mounting weather impacts prompt Swiss Re call for climate debate
26 September 2012Swiss Re is calling for a 'rational debate' in the US on tackling climate change, as worsening storms, floods and droughts will cost the economy dearly.
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EU solar industry group files second complaint on China
26 September 2012An EU solar manufacturing group has filed a complaint with the European Commission alleging that China is unfairly subsidising its solar manufacturers.
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Alstom acquires tidal turbine maker
25 September 2012Power engineering giant Alstom has bought a UK firm specialising in tidal power turbines.
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Soft commodities investors face 'quagmire' of environmental risks – WWF
25 September 2012Investors face "a quagmire of material, reputational, and systemic risks" when investing in soft commodities, according to conservation group WWF, which has released a guide to investing in 10 major soft commodities sectors.