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Sweden develops national biogas strategy
08 July 2009Sweden has told its energy agency to develop a national policy for the production, distribution and use of biogas as a vehicle fuel, as part of a move towards its target of the country's cars being fossil fuel-free by 2030.
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CME launches more SO2 contracts
02 July 2009CME Group is to launch a new series of futures and options contracts based on sulphur dioxide (SO2) allowances in mid July.
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UK could generate £70bn from wind, wave power – Carbon Trust
02 July 2009The UK offshore wind and wave power markets could be worth £70 billion ($115 billion) and provide at least 15% of the carbon dioxide (CO2) emissions reductions needed to meet the country's 2050 targets, said the Carbon Trust today.
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Renewables industry pushes for tougher targets
02 July 2009Renewable energy advocates have welcomed the momentum toward adoption of a US federal renewable electricity standard (RES), but vowed to keep pushing for a stronger mandate.
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VC investment in clean-tech rebounds to $1.2 billion
02 July 2009Venture capital (VC) investment in clean technologies (clean-tech) rebounded to $1.2 billion in the second quarter of 2009, according to the Cleantech Group, but investment levels stayed well below the highs of 2007-08.
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Siemens doubles income from environmental business
02 July 2009Annual revenues from Siemens' environmental activities grew 12% in 2008 to €18.9 billion ($26.5 billion) – almost double the rate for the business as a whole. The German engineering giant also managed a 10% improvement in its energy efficiency compared with its base year of 2006, according to its sustainability report published last month.
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Ex-Wall Street bankers launch clean-tech advisory firm
02 July 2009A team of former Wall Street bankers have launched a financial advisory firm focused on the alternative energy and clean technology (clean-tech) sectors.
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Wells Fargo to finance $100m of solar
01 July 2009US bank Wells Fargo is to provide up to $100 million of financing for SunPower commercial-scale solar photovoltaic systems.
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Renewables lobby disappointed by federal US targets
01 July 2009Renewable energy producers lamented the weakening of renewable electricity standards (RES) being debated in the US Congress, saying they would have a negligible impact in spurring production.
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Noble bins IPO
01 July 2009Noble Environmental has withdrawn its potentially $375 million initial public offering (IPO), blaming market conditions.