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Archive for the ‘Economics’ Category

European Union plans to re-write the rules of a $6 billion scheme that pays developing nations to cut greenhouse gas emissions risks stalling climate investment.

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With a smaller dependence on bank loans than other industries, the wind energy sector believes it will be among the first to emerge from the recession, the European Wind Energy Association (EWEA) said at the opening of its annual conference.

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Colexon Energy AG has gained another strategic partner for the Wiesenhof roof-top portfolio in form of DCM Energy AG. The two companies have concluded a framework agreement for the construction and delivery of turnkey solar parks with a total power output of at least 12 megawatts (MW) through to the end of 2010.

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Acciona and Mitsubishi Corporation have signed an agreement giving Mitsubishi a 34% stake in Amper Central Solar, the developer of Portugal´s Amareleja (Moura) PV solar plant, 100% owned by Acciona.

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Formerly a region of high-unemployment, the German port of Bremerhaven has experienced a remarkable economic upturn, transforming into a major offshore wind power know-how centre and more.

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The world should dump the ‘inefficient and ineffective’ Kyoto protocol and replace it with a global carbon tax, leading economist William Nordhaus said.

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The European commission has announced it will invest 105bn euros to help create green jobs and growth through the EU cohesion policy. More than half of the money will be used to help member states comply with environmental legislation, it says.

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