April 23, 2009
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Energy & Renewables Newsletter April 23, 2009 |
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| This Week´s Featured News Stories |
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US powers up fuel cell funding
The division of President Obama`s $100bn clean tech stimulus package continued last week with the announcement that $41.9m has been earmarked for investment across 13 different fuel cell projects. An additional $72.4m of private sector funding will also be invested in the projects, which primarily focus on areas where fuel cells have already enjoyed some success, such as in providing back-up power for buildings, battery packs for consumer electronics devices, and fuel for fork-lift trucks. Combined, the 13 pilot projects will result in nearly 1,000 fuel cells being deployed for emergency back-up ... |
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Investors `disappointed` by energy sector`s carbon reporting record
It may arguably be the most important sector in the fight against climate change but, according to new figures to be released this week, the majority of the world`s largest electricity utilities have no emission reduction targets in place and many are not even providing investors with information on which fuels they are using to generate power. Based on data requests that were sent by the investor-backed Carbon Disclosure Project (CDP) to the world`s 249 energy utilities, the study found that just 16 per cent have set and disclosed absolute emission reduction targets. Moreover, of the 110 companies ... |
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