• Spending Review May Axe CCS Subsidies For Coal Companies

    • Date: 16/09/10

    The Treasury’s public spending review has cast doubt on the future of Longannet power station’s ambitious carbon capture programme, despite a commitment by ScottishPower to invest £5 million in university research on the project. The question mark comes despite commitments by the UK coalition Government to maintain the previous Labour government’s plans to finance four […]

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  • What Russia and China Really Think About Decarbonisation

    • Date: 15/09/10

    The Ministry of Industry and Trade of the Russian Federation said in a statement posted on its website that China last month has agreed to offer Russia US$6 billion in loan in exchange for a 25-year long coal supply, sources reported. According to the statement, China plans to increase its annual coal import from Russia […]

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  • Mafia Goes Green

    • Date: 14/09/10

    Police in Italy have seized Mafia-linked assets worth $1.9 billion – the biggest mob haul ever – in an operation revealing that the crime group was trying to “go green” by laundering money through alternative energy companies. Investigators said the assets included more than 40 companies, hundreds of parcels of land, buildings, factories, bank accounts, […]

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  • Public Backlash: Denmark Turning Again Windfarms

    • Date: 12/09/10

    Denmark has long been a role model for green activists, but now it has become one of the first countries to turn against the turbines. To green campaigners, it is windfarm heaven, generating a claimed fifth of its power from wind and praised by British ministers as the model to follow. But amid a growing […]

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  • Did ‘Renewables Mania’ Cause The Tech Slide?

    • Date: 09/09/10

    Catherine Rampell did a marvelous job in Tuesday’s New York Times of pulling the cover off one of the most overlooked impediments to economic recovery: stagnation in the tech sector. Silicon Valley and other American tech centers simply aren’t coming up with the marvels they produced in the late 1990s and early 2000s.  Perhaps the Internet Revolution […]

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  • French Taxpayers Face €54 Billion Wealth Transfer To Green Investors

    • Date: 07/09/10

    France needs to revise targets for solar energy and further cut subsidies to curb costs to consumers that may balloon to 54 billion euros ($70 billion) by 2020, according to a government report. New installations should be capped at 300 to 500 megawatts a year, wrote Jean-Michel Charpin in a report published on the finance ministry’s website […]

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  • Wind Falters While Nuclear Surges

    • Date: 06/09/10

    In Europe and North America, the development of nuclear power effectively halted after the March 1979 accident in Pennsylvania at Three Mile Island. Until recently the building of additional nuclear reactors in most developed nations was unlikely. Meanwhile, the greatest hope of the alternative energy industry has been wind power, but people around the world […]

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  • Prince Charles Blasted For Green Hypocrisy

    • Date: 05/09/10

    Prince Charles faced ridicule yesterday for taking the Royal train on a week-long nationwide tour to promote cycling. The prince has ordered the nine carriage train for a five-day, 1300-mile “green tour” of Britain, starting from Glasgow tomorrow. His trip is aimed at promoting environmentally friendly lifestyles and ethical modes of transport and he has […]

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