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No role for PRI in policing ESG implementation – Gifford
23 February 2012The Principles for Responsible investment (PRI) secretariat has no role in policing how its signatories address environmental, social and governance (ESG) issues, its executive director has said.
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Canadian Solar could shift production if US tariffs imposed
23 February 2012Canadian Solar could supply the US market from its domestic facilities if US regulators impose tariffs on its Chinese manufacturing operations, according to a top official at the company, one of the world's largest solar module makers.
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DOE retreats from financing clean-tech, regardless of Solyndra
23 February 2012The US Department of Energy's (DOE) days as a financier of clean technologies are over thanks to the Solyndra backlash, but budget cuts would have prevented the department from functioning in that role anyway, according to NRG Energy's chief executive.
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Project Amp loan approval possibly designed to prop up Solyndra, say Republicans
22 February 2012The US Department of Energy (DOE) may have approved a $1.4 billion partial loan guarantee for a rooftop solar project last year to help prop up now bankrupt solar panel manufacturer Solyndra, according to Republicans.
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Support doubles for CDP Carbon Action initiative
21 February 2012Ninety-two banks and investors have put their names to a call to 415 companies to manage and reduce their greenhouse gas (GHG) emissions.
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Oil and water
21 February 2012Relatively few energy companies responded to the CDP Water Disclosure – but those that did reported high levels of exposure to water issues. Deloitte's Will Sarni considers the implications
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Environment Bank launches trading platform for biodiversity offsets
21 February 2012The UK's Environment Bank has teamed up with Mission Markets to set up a trading platform for biodiversity credits – and says that the first trade could be weeks away.
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Drax burns more biomass, but abandons dedicated plant
21 February 2012Drax, the UK's largest coal-fired power generator, has cancelled plans for a dedicated biomass power station because of uncertainty in proposed subsidies and its inland location.
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The big push for green bonds
21 February 2012The creation of an environmental bond market has been frustratingly slow – but interest is building. Mark Nicholls reports
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IDB lends $100m to Itaú for climate projects
21 February 2012The Inter-American Development Bank (IDB) is lending $100 million to Brazilian bank Itaú BBA to help finance "environmentally friendly" projects in Latin America.