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Green groups to sue Ex-Im Bank over Aussie LNG projects
03 August 2012Three conservation groups have started a legal challenge to the US Export-Import Bank's nearly $3 billion in financing for two liquefied natural gas (LNG) facilities in Australia's Great Barrier Reef.
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RenRe's weather business returns to profit
03 August 2012RenaissanceRe's weather and energy risk management business has made a quarterly profit for the first time in a year, thanks to the unusually hot weather in North America and a cool spring in the UK.
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Bill to end loan guarantees passes House committee
02 August 2012A key US House of Representatives committee adopted a bill to ban future loan guarantees after a string of bankruptcies among government-supported renewable energy projects.
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Investors in the dark on oil drilling risks
02 August 2012Oil and gas companies are doing a terrible job of disclosing climate and deepwater drilling risks, even in light of the tragic Gulf of Mexico oil spill, according to a new report.
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Capital costs: the next solar breakthrough
02 August 2012Smarter financing, rather than better technology, is most likely to propel the US solar industry towards grid parity over the next few years, say Tom Leyden and John Hopkins
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Borrego Solar raises $64.4m PV fund
02 August 2012Borrego Solar Systems has created its largest fund to finance solar energy projects.
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Alliance Trust snags Aviva SRI team, assets
02 August 2012The remainder of Aviva Investors' sustainable and responsible investment (SRI) team is to move to Alliance Trust Investment, which has struck an investment-advisory agreement to manage the insurance giant's £1.2 billion ($1.9 billion) in SRI funds.
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NGOs seek Sakhalin compensation from Shell, UK banks
01 August 2012Three environmental groups have called on UK banks Barclays, RBS and Standard Chartered to compensate Sakhalin residents for pollution caused by a large oil and gas project that they helped finance.
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EU ETS 'backloading' plan buys time for Phase IV battle – Shell
01 August 2012Proposals to shore up the carbon price in the EU Emissions Trading System (ETS) will buy the European Commission five years to deepen emission reduction targets, according to David Hone, senior climate change adviser to oil giant Shell.
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Western Wind forced into early sale
31 July 2012Renewable energy developer Western Wind Energy is being forced to put itself up for sale sooner than expected because of the objections of a group of dissident shareholders.