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A global fund to help poorer countries switch to green industrial technology is vital in any new international pact to battle global warming, Switzerland's top climate change negotiator said on Wednesday.
Businesses that have not yet registered for the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) will not be fined if they get in touch with the scheme’s enforcer before the September 30 deadline.
Wind power growth will be slower than expected this year and next due to weak power demand, Barclays Capital and HSBC analysts said on Tuesday, contrasting wind with a forecast uptick in solar power.
Shawn Lesser, president and founder of Atlanta-based Sustainable World Capital, shares his top 10 reasons why the UK is a cleantech leader.
Aid promises from rich nations to help poor countries slow global warming are reaching the $30 billion (£19.3 billion) goal agreed in Copenhagen but analysts say much of that is old funding dressed up as new pledges.
The European Union's top climate official proposed on Wednesday new limits on the use of carbon offsets from industrial gas projects, under fire by green groups, in the EU's emissions trading scheme after 2012.
Britain's tax authority will introduce reverse value-added tax (VAT) charges relating to carbon emissions trading from November 1, replacing a zero tax rate implemented last year to prevent fraud.
Green investment in China will forge ahead even without a United Nations carbon offset scheme, eventually shriveling the country's dominant role in a program that has underpinned billions of dollars in investment.
Some major participants in the voluntary carbon market are shrinking after the United States failed to implement federal cap-and-trade legislation and the market stopped growing last year.
Market operator Intercontinental Exchange Inc. is laying off staff at newly acquired US environmental bourse the Chicago Climate Exchange (CCX), industry sources told Reuters, citing a lack of US action on climate change.
The prospect of £150 billion of private sector investment in low carbon infrastructure is receding as the Government fails to provide clarity about planning policies, according to the CBI.
Spain will cut the subsidised electricity prices paid to new photovoltaic solar power plants by up to 45 per cent, the industry ministry has announced, in a move designed to increase efficiency and cut Government spending at a time of austerity.
A Government grant scheme to give motorists up to £5,000 off the cost of a new electric car has been cut by 80 per cent, opposition politicians and green campaigners claimed.
Global X Funds said Thursday it will unveil on Friday the world's first lithium exchange-traded fund in shares of the largest and most liquid lithium battery producing and mining and refining companies.
The Government’s sustainability watchdog has had its funding cut just as it has issued a report showing that sustainability measures are saving the taxpayer £60-£70 million a year.