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Aventine partly blames biofuel blending credits for bankruptcy
15 April 2009US ethanol producer Aventine Renewable Energy claimed that the increased use by fuel refiners and blenders of excess tradeable biofuel credits to meet their blending targets had helped to push it into Chapter 11 bankruptcy last week.
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E.Capital Partners launches water index
09 April 2009E. Capital Partners has launched an environmentally-screened index to track global water stocks "best positioned to capture the opportunities arising from the challenges of the declining water availability".
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Climate Group rebuts attack on Climate Principles
09 April 2009The Climate Group has hit back at claims that the Climate Principles are "meek" or "window dressing", but acknowledged that "more action" is required from the finance sector to tackle climate change.
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Norwegian fund proposes $3 billion green investments
09 April 2009Norway's finance minister had proposed that the government's $39 billion pension fund allocates $3 billion to sustainable investments – potentially the largest such allocation ever made.
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Investors eye forestry, water opportunities in tough markets
09 April 2009US investors have deserted the green investment space, according to analysts and investors speaking at a recent environmental markets conference in New York.
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No clean-tech rally before 2010 – BoA
09 April 2009Investors hoping that clean technology will be able to beat the market in 2009 look to be disappointed, Banc of America Securities-Merrill Lynch (BAS-ML) said this week. Delays in the implementation of the stimulus package and wider market trends mean it will be 2010-11 before business improves, it said in a research note.
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ICF sees EUA prices breaching €70 by 2020
08 April 2009The failure of the EU to meet its 2020 renewable energy targets could see EU allowance (EUA) prices hitting €70 ($93) by that date, according to consultancy ICF International. And wholesale power prices in the bloc are set to double over 2010-20, ICF predicted in its latest European Power & Carbon Markets Outlook report.
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UK set to unveil bioenergy sustainability policy
08 April 2009The UK's Environment Agency (EA) will in a fortnight unveil its policy on the greenhouse gas emissions produced by bioenergy in its full life-cycle, from the growing of feedstock crops to consumption.
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Banks must do more on climate – BankTrack
02 April 2009Banks are not doing enough to ensure they are not "financing climate catastrophe", BankTrack has said.
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ESG applied to $300 billion of investment in emerging markets
02 April 2009More than $300 billion is invested in 'sustainable' emerging market funds, or mainstream funds which have promised to integrate environmental, social and governance (ESG) analysis into their investment process, according to the first survey of the sector, commissioned by the International Finance Corporation (IFC).