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EC proposes €1.75 bn CCS, renewables boost
29 January 2009European Union energy projects, including carbon capture and storage (CCS) technology and offshore wind farms, could receive a €3.5 billion ($4.6 billion) cash injection under plans proposed by the European Commission on Wednesday.
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Panda Ethanol subsidiary goes bankrupt
29 January 2009A subsidiary of Panda Ethanol in the US has filed for protective Chapter 11 bankruptcy and is in negotiations to sell its troubled ethanol refinery project in Hereford, Texas, following a financial dispute with a major lender.
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$250m environmental fund to chase 'cheap' assets
29 January 2009Geneva-based asset manager Unigestion is to launch an environmental private equity fund-of-funds that aims to take advantage of "the significant fall in the price of sustainability assets to levels not seen since 2004".
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PwC buys Sustainable Finance
22 January 2009PricewaterhouseCoopers (PwC) has bought boutique consultancy Sustainable Finance for an undisclosed sum.
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US stimulus package proposes $54 billion clean energy spend
22 January 2009The economic stimulus package being considered by the US House of Representatives features sizeable investments in clean energy projects and infrastructure that could boost the sector.
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Masdar denies doubts over London Array
22 January 2009Masdar has denied that it is rethinking the economic viability of the London Array, the UK's massive offshore wind farm project.
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Zurich unveils carbon capture and storage insurance
22 January 2009Zurich Financial Services has launched insurance products to cover capturing and storing carbon underground, in a bid to address a major barrier to the uptake of the technology.
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Electric cars need government billions – BCG
22 January 2009Electric and hybrid cars will fail to make major inroads into the vehicle market by 2020 unless governments intervene with incentives to support these technologies, according to a Boston Consulting Group report.
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UK biofuels below par on sustainability
21 January 2009The UK's petrol and diesel industry is falling short on supplying sustainable biofuels, a government agency reported on 15 January, the same week in which renewable fuels associations were rapped for describing biofuels as "sustainable" in an advertising campaign.
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Asset managers must do more on climate, says Blood
11 December 2008David Blood has questioned why investors are not insisting that asset managers take climate change risks and opportunities into account.
- Alto Mayo's lesson in bridging the climate finance gap
- Green bond issuers 'need to know what counts' as climate adaptation investment
- Biodiversity credits a 'greenwashing risk', says former PRI boss
- Carbon markets could be 'hugely beneficial' to Latin America
- Climate adaptation investment hampered by 'fragmented' solutions
- Fast-forwarding towards sustainable ecosystems
- Strategic asset allocation in emerging markets
- Schroders sets path for Apple to address Scope 3 emissions with new fund
- Biodiversity among top stewardship targets for AXA IM
- 'Unjustifiably expensive' fees discouraging allocations to water, says Morningstar