LONDON, Dec 7 (Reuters) - Venezuelan dollar bonds rose strongly on Monday after the opposition beat the ruling Socialists in a parliamentary election at the weekend, raising hope of at least some economic reform in the crisis-ridden country.
MADRID, Dec 7 (Reuters) - Spain's Abengoa, facing a cash crunch in the next week, is negotiating a multi-million euro lifeline with creditor banks which have asked the company to guarantee with new assets, sources familiar with the talks said on Monday.
BERLIN, Dec 7 (Reuters) - International Monetary Fund chief Christine Lagarde called on Monday for tax reforms to be included in a global climate deal to raise incentives for consumers to reduce their energy consumption and to boost demand for cleaner fuels.
Renewable energy developers are increasingly selling wind power straight to the users, tapping a new customer base as some traditional utility buyers are backing away.
Congress is debating whether to renew an investment tax credit that for nine years has helped put solar panels on rooftops across the country.
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