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GLOBE-Net – The business of the environment online, Canada
“The European Commission has adopted a comprehensive Action Plan on Urban Mobility. The Action Plan proposes twenty concrete measures to help local, regional and national authorities achieve their goals for sustainable urban mobility.”
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That means total cleantech VC funding this year is already about $3.8 billion – which puts total funding on a pace to exceed every year! And what has brought about this miraculous recovery:
The billions in government funding being allocated globally in clean technology have begun emboldening private capital, which has in turn helped propel clean technology to the leading venture investment sector, now eclipsing biotech and IT.
The two largest venture deals (Solyndra and Tesla Motors) and the largest IPO (A123Systems) this quarter were all recipients of U.S. government funding. Hundreds of millions of dollars in new venture funds this quarter are also evidence of investor confidence and momentum, including $1.1 billion in two new funds by Khosla Ventures alone.
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Huge wind turbine farm in Cyprus
“Cyprus has taken a big step in the direction of reaching its target of supplying 13 percent of its energy consumption by renewable sources in 2020 with the approval of the first wind farm on the Mediterranean island. “
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US climate bill not likely this year, says Obama adviser
“The White House has said for the first time that it does not expect to see a climate change bill this year, removing one of the key elements for reaching an international agreement to avoid catastrophic global warming.
In a seminar in Washington, Barack Obama’s main energy adviser, Carol Browner, gave the clearest indication to date that the administration did not expect the Senate to vote on a climate change bill before an international meeting in Copenhagen in December.”
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Carbon Disclosure Project Continues to Grow
“Last week, the Carbon Disclosure Project (CDP) announced continued growth for its global corporate GHG emissions registry. CDP has become the defacto global GHG emissions repository, with 66% of the S&P 500 now reporting.”
Posted from Diigo. The rest of my favorite links are here.