For the first time, more than half of the world's annual investment in clean energy is coming from emerging markets instead of wealthier nations, according to a new analysis by Bloomberg New Energy Finance (BNEF).
Indonesia’s financial regulator will introduce rules to restrict banks’ lending to environmentally damaging projects by 2018, which may eventually help the nation curb the forest fires that choke parts of Southeast Asia with thick haze for months each year.
Net metering policies, which allow solar owners to receive the full retail credit for any solar energy they produce, are undoubtedly what have helped spur the growth of solar power throughout the country. From an outsider’s point of view, the policy seems fair and square: ‘if I produce one kilowatt-hour (kWh) of solar energy, I should be credited for one kWh on my bill,’ is how the argument goes.
LONDON, Nov 23 (Reuters) - Argentinian assets rose broadly on Monday after conservative opposition challenger Mauricio Macri scraped to victory in the presidential election, ending more than a decade of rule under the Peronist movement.
LAUNCESTON, Australia, Nov 23 (Reuters) - - How do you go from being the worst per capita polluter to among the lowest in just 15 years?
BRUSSELS, Nov 23 (Reuters) - European Union regulators will investigate whether Hungary's plan to finance the construction of two new nuclear reactors breaches the bloc's state aid rules, four days after it took the country to court over the tender for the project.
SAO PAULO, Nov 23 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it had been unable to produce 2.29 million barrels of oil and 48.4 million cubic meters of natural gas during a strike that began on Nov.
SAO PAULO, Nov 23 (Reuters) - One of the shareholders seeking to offload a stake in Brazilian reinsurer IRB Brasil RE SA has asked the country's securities industry watchdog for a 60-day delay in analyzing an initial public offering (IPO) plan, with market turmoil in Latin America's largest economy intensifying in recent weeks.
LONDON, Nov 23 (Reuters) - Hedge funds and other money managers had amassed short positions in U.S. crude oil amounting to 154 million barrels by last Tuesday according to data from the U.S.
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