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Friday, September 19, 2014

Global Investors Managing 20 Trillion Dollars Pressuring Climate Negotiators For Deal


Global investors put pressure on climate negotiators for deal. "Institutional investors managing £15tn of assets have called for an ambitious global climate deal to give them certainty to invest in clean technology....The organisations want governments to put a 'stable, reliable and economically meaningful' price that polluters have to pay for their carbon emissions, which will help scale up investment towards clean power and energy efficiency....The investors are also calling on governments to phase out subsidies for fossil fuels, an estimated £370bn worldwide a year, five times the £60bn paid in renewables subsidies." Press Association


Industrial Strength Solar Plants Are Now Operable


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