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EU discussions to support carbon prices

With European carbon prices too low to prod the private sector to invest in clean technology, EU lawmakers are examining different ways to support CO2 permit prices in the world's biggest carbon market. Outlined below are three main arenas where the issue of supporting prices is being discussed.

read more... 01/02/2012

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Huhne against higher feed-in tariffs for solar power

Recently the Energy and Climate Change Secretary Chris Huhne warned that solar PV installers cannot benefit of the current feed-in tariff rate of 43p/kWh, confirming the government projects to appeal against a second court ruling concerning the reduction of solar incentives.

read more... 31/01/2012

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South China: Guangdong province to build its first offshore wind farm

South China’s Guangdong province will launch this year the construction of its first offshore wind farm which will have a capacity of 198 MW and will be connected to the grid in 2014, according to Guangdong Electric Power Development Co. Ltd. on Monday.

read more... 31/01/2012

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Daily – oil drops on stalled on Greek debt talks

U.S. and Brent crude oil futures went down on Monday as Greek debt restructuring talks stalled, driving the euro down against the dollar which prompted investors to pare holding of risky assets such as oil.

read more... 31/01/2012

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Statoil increases offshore gas reserves at its Snøhvit field

The Norwegian oil giant, Statoil is boosting the volume of gas reserves believed to be contained in its Snøhvit offshore field in the Barents Sea.

read more... 31/01/2012

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