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Daily – U.S. oil up for the first time in four sessions
U.S. crude oil futures increased for the first time in four sessions on Tuesday on positive New York State manufacturing data, upbeat German investment sentiment and prospects for pro-growth monetary policies in China in the wake of weak economic increase during last quarter. NYMEX crude for February delivery traded at 100.71 dollars a barrel, up 2.01 dollars after a trading range between 98.60 and 101.01 dollars.
read more... 18/01/2012
China: Seven pilot provinces and cities prepared for setting carbon-trading schemes
Seven provinces and cities in China started to make final preparations as the country envisages cutting the carbon intensity by 17% by 2015.
read more... 16/01/2012
Investments into renewables to reach 260 billion dollars
According to Bloomberg New Energy Finance, renewable energy investments increased 5 percent to a record 260 billion dollars in 2011. Supportive governmental programs in U.S. sustained investments into solar power which rose by a third to 55.9 billion dollars, beating China with 47.4 billion dollars investments.
read more... 13/01/2012
China to introduce a carbon tax by 2015
China is planning to impose a direct tax on its largest greenhouse gas emitters by 2015, according to reports in state media.
read more... 10/01/2012
LDK secures 64 million dollars from China Development Bank
LDK has secured 64 million dollars from China Development Bank for the development of PV projects in New Jersey and California. LDK Solar is 70 percent owned by SPI Solar.
read more... 10/01/2012