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EU carbon market

Carbon trading is a market-based tool to limit greenhouse gases. The EU's emissions trading system (ETS) was launched in 2005 and is the European Commission's flagship mechanism to fight climate change.

read more... 20/12/2012

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World PV market in 2012: optimistic results expected thanks to Germany

Despite a rough and a pessimistic year for the whole solar industry, being hit by anti-dumping and protectionist measures as nations all over the world tried to save their own manufacturers from a huge oversupply and declining prices, however, the year which was announced to be a tumble one, was saved by Germany.

read more... 18/12/2012

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Italian Eni to invest $8 billion to strengthen Libyan energy production

The Italian oil giant Eni is planning to invest $8 billion in Libya over the next decade in developing its upstream business as it aims to strengthen its position on the international oil and gas market.

read more... 17/12/2012

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Main aspects of British proposed power market reform

Britain proposed legislation for a major overhaul of its electricity market that will encourage investment in low-carbon types of energy to help meet legally binding emissions-reduction targets. The government faces the challenge of keeping bills affordable for consumers while ensuring intermittent renewable energy is backed up by stand-by power plants and safeguarding tax revenues from oil and gas exploration.

read more... 12/12/2012

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GDF Suez: Income is expected to fall next year as demand slows due to economic crisis

GDF Suez, Europe’s largest utility by market value, has announced this week that income for next year will register a decrease as the economic crisis in the region slows demand. According to GDF Suez, European demand for natural gas is down 14% since 2010 while power by 25 %, so it plans to cut its share of profit from Europe and is looking to double LNG sales to emerging markets.

read more... 11/12/2012

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