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Little Action by G20 to Curb Fossil-Fuel Subsidies

Giles Parkinson for RenewEconomy: The G20 meeting in China may have been notable for the decision by both China and the US – the two biggest carbon emitters on the planet – to ratify the Paris climate treaty, an initiative that will almost certainly see the deal come into force by 2017, three years earlier […]

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Fits and Starts in Evolution of Energy Finance

Keith Schneider for Banks and nations are starting to move from financing high-carbon to investing in low-carbon fuel sources. For example, the World Bank, the second largest multilateral finance institution, says it no longer invests in most coal projects, including new power plants. A select number of governments have also indicated that they will […]

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