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UK politician to push for decarbonisation target in Energy Bill
18 December 2012A leading Conservative politician is to propose an amendment to the UK's Energy Bill to mandate a 2030 decarbonisation target for the power sector.
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No CCS project likely to be funded in first wave of NER300
17 December 2012The European Commission (EC) is set to give the go-ahead for €1.5 billion ($1.9 billion) of funding through its NER300 programme tomorrow, but is unlikely to lead to any carbon capture and storage (CCS) projects being commissioned, Environmental Finance has learned.
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NGOs file lawsuit over $3bn Ex-Im loan to LNG project
17 December 2012Three conservation groups have filed a lawsuit challenging the US Export-Import Bank's loan to a liquefied natural gas (LNG) facility in Australia's Great Barrier Reef, claiming the project damages marine life.
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Dominion buys biggest fuel cell power project in North America
17 December 2012The biggest fuel cell power project in North America has been bought by energy giant Dominion Resources in a deal reportedly worth $125 million.
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CCC meeting shows support for 'backloading' in doubt – analysts
14 December 2012Plans to boost EU carbon prices reportedly suffered a further set-back yesterday after several countries refused to say whether they would support the initiative.
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Cat bond market primed for expansion
14 December 2012Stable pricing of catastrophe (cat) bonds and the development of cat models should mean a wider range of perils and regions is covered in future, according to Swiss Re.
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Sustainability ratings principles to be unveiled next year
14 December 2012Ceres and the Tellus Institute are to unveil the principles underpinning their Global Initiative for Sustainability Ratings (GISR) by the middle of next year, in an effort to create a benchmark against which the profusion of corporate sustainability ratings can be judged.
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New financial model needed to tackle climate change - Prince Charles
14 December 2012Current accounting methods are failing to enable businesses to adequately tackle climate change and need to be replaced with a new system that values the earth's natural capital, Prince Charles warned a meeting of business leaders.
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AWEA proposes six-year phase out of renewables incentive
14 December 2012The American Wind Energy Association (AWEA) has proposed a six-year phase-out of the industry's crucial production tax credit (PTC), which is dangerously close to expiration.
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SolarCity shares jump 40% after IPO
13 December 2012SolarCity has seen its shares leap in early trading, after its underwriters slashed the price per share ahead of today's initial public offering (IPO).
- Iceberg launches sovereign climate and biodiversity dataset
- COP29: 'Historic step' for carbon markets, as Article 6 crosses finish line
- SLBs linked to donations or carbon credit investments are 'promising'
- SEC likely to withdraw climate rules, former Commissioner predicts
- IDB Invest and IFC back BBVA Colombia for $100m sustainable bond issuance
- EU proposal to bring sustainable finance rules into single regulation risks 'chaos'
- The 'finance COP' short-changed the Global South, say investors
- Debt-for-nature deals are 'growing very rapidly and are very scalable'
- EU sustainability 'omnibus' regulations 'like a bad omelette'
- After COP29, can voluntary carbon markets scale again?