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America leads race for world’s first large-scale carbon capture and storage project(NEF Bloomberg)

Analysis of projects in different countries suggests that the world’s first carbon capture and storage unit will start operation in the US in 2013 … Read entire article »

Filed under: 5.Climate Change & Carbon, unclassified

Funding gap stokes interest in market for climate adaptation (AlertNet)

Funding gap stokes interest in market for climate adaptation (AlertNet)

By Megan Rowling:  LONDON (AlertNet) – In southwest India, where farmers have suffered from drought, local development group Samuha is working on ways to boost soil moisture, extend the growing season and introduce new crops that can better survive dry periods. … Read entire article »

Filed under: 1. BANK

Renewable energy quest to tap ocean-based sources(Japan Times)

The government will pursue development of ocean-based renewable energy sources, including offshore wind power, amid concerns over electricity shortages now that all of the nation’s nuclear plants have gone offline, officials said Friday. … Read entire article »

Filed under: 5.Climate Change & Carbon

Osaka Courts Shareholders to Scrap N-Power at Kansai Elec(JIJI)

Osaka Courts Shareholders to Scrap N-Power at Kansai Elec(JIJI)

 Osaka, May 28 (Jiji Press)–The city government of Osaka sent documents to major shareholders of Kansai Electric Power Co. <9503> on Monday, urging them to back its proposal for the company to give up nuclear power production. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

The truth about Germany’s nuclear phase-out(Guardian)

The truth about Germany’s nuclear phase-out(Guardian)

Ditching nuclear power has ripples in terms of carbon emissions, politics and culture that we can’t ignore. There’s been plenty of debate and speculation recently on the carbon impact of Germany’s nuclear phase out. Last week my colleague Damian Carrington presented what looked like proof that the impact was negligible: German emissions fell in the period and anyhow Germany remained a net exporter of electricity. … Read entire article »

Filed under: 8.Eathquake & Nuclear accident

Japanese Retail Investors Fund ADB Clean Energy Projects(Clean Technica)

Looming expiration of key renewable energy production and investment tax credits in the U.S. and reduction of Feed-in Tariffs (FiTs) in leading European markets has industry participants searching for alternative means of financing clean, renewable energy projects and installations. There are signs that there’s healthy demand on the part of retail and professional private sector investors, particularly in Japan, in helping finance the transition to clean, renewable energy. … Read entire article »

Filed under: 1. BANK, 5.Climate Change & Carbon