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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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has established leading positions in conventional power generation in Europe and Russia. Because it will not have any of the Group’s existing capital-market liabilities and thanks to its solid financing, the publicly listed New Company will be financially robust. will therefore take the necessary legal steps to combine these units.

Power 244
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PBL Study Finds Developed Countries Proposals for Copenhagen Fall Short for Reaching 2 °C Climate Objective

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Non-Annex I actions may be (partially) financed by Annex I2. Canada’s pledges are 25% lower and those of Russia and the Ukraine are even over 35% lower than required. Financing the reduction in emissions from deforestation and forest degradation in developing countries (UN program REDD) is meant to protect the forests.

Climate 186
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Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

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Bringing developing countries into the carbon markets in order to encourage low carbon development, provide finance and make the most of mitigation opportunities. International climate negotiations can only go so far. —Professor Sir David King, Director of the Smith School of Enterprise and the Environment.

Emissions 210
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The Case for Nuclear Cargo Ships

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Russia currently operates seven nuclear-powered icebreakers. Russia, China, and South Korea are now working on floating nuclear power plants, mainly water-cooled SMRs that will be either mounted on barges or submerged underwater close to shore. Hundreds of nuclear reactors have since been used on ships and submarines.

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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

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Digitalization and the field of mobility services in particular offer high earnings potential, said Müller, adding that the Group will soon form a legally independent, Group-wide company to promote business in the mobility services of the future with the necessary speed, entrepreneurial focus and the required agility. billion in total.

2015 150
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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

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According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. million in 2006.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236