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Shenzhen carbon market allows trades to be settled in foreign currencies

BEIJING, Aug 29 (Reuters) - China's Shenzhen carbon market will allow carbon permit trades to be settled in foreign currencies through the Bank of China, as the city tries new ways to attract foreign capital to its nascent market.

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Power producer Duke Energy to retire coal-fired plants in Ohio

Aug 28 (Reuters) - Power company Duke Energy Corp outlined plans to retire the remaining coal-fired stations at its Ohio plant by the end of the month as it looks to cope with tightening power plant emission regulations.

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 INTERVIEW-E.ON bets on investor help for wind power push

BERLIN, Aug 26 (Reuters) - E.ON EONGn.DE, Germany's biggest utility, is banking on investors to help it catch up with European rivals in renewable power, unable to shoulder large projects on its own as it battles to cut debt.

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Billions in oil investments at risk from low crude prices, says Carbon Tracker

LONDON, Aug 15 (Reuters) - More than half a trillion dollars of investments in major oil projects over the next decade are at risk from high costs and low crude oil prices, an environmental think tank said on Friday, warning that shareholders' returns could suffer.

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UPDATE 3-Germany's RWE warns of supply risks as power crisis bite

FRANKFURT, Aug 14 (Reuters) - Germany's RWE reported a 40-percent plunge in first-half profits, blaming loss-making power plants and warning that power supplies were under threat unless an ongoing crisis in Europe's energy sector was fixed.

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E.ON profit falls as weak rouble hits Russian business

FRANKFURT, Aug 13 (Reuters) - Germany's biggest utility E.ON posted a 12 percent drop in first-half core profit, hit by a weakening currency in Russia, its most important foreign market that is the target of Western economic sanctions over Ukraine.

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Kellogg's to set targets for suppliers to cut carbon emissions

WASHINGTON, Aug 13 (Reuters) - Global food giant Kellogg's will set targets to cut greenhouse gas emissions from its worldwide supply chain, it announced Wednesday, responding to consumer pressure to be accountable for its contribution to climate change.

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Brazil bank BNDES outlines plans to finance solar power plants

SAO PAULO, Aug 12 (Reuters) - Brazil's state-owned development bank BNDES will offer loans to power companies to cover up to 65 percent of the cost of new solar generation projects in the country, part of the government's plan to rapidly develop a local solar energy industry.

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UPDATE 1-Germany's RWE considers idling another 1,000 MW of capacity

DUESSELDORF/FRANKFURT, Germany, Aug 12 (Reuters) - German utility RWE RWEG.DE is considering mothballing a further 1,000 megawatts (MW) of plant capacity, a spokesman for the company said on Tuesday, as the group aims to cut losses from unprofitable power plants.

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NRG to reduce emissions at Illinois coal power plants

Aug 7 (Reuters) - NRG Energy Inc said on Thursday it will spend about $567 million to reduce emissions from four coal-fired power plants in Illinois that it acquired from Edison Mission Generation in April.

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Drax shares plunge after UK govt wins subsidy appeal

LONDON, Aug 7 (Reuters) - British power producer Drax said the government had won an appeal over a subsidy scheme for the conversion of one of its coal-fired generating units, reversing an earlier court decision in its favour and sending its shares sharply lower.

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Centrica first-half profits fall 35 pct on weather woes

LONDON, July 31 (Reuters) - British utility Centrica posted a 35 percent fall in operating profit for the first half of the year as a mild winter in its home market led to reduced energy demand and extreme weather in North America increased costs.

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Power producer Drax H1 earnings fall 15 pct on carbon tax

LONDON, July 29 (Reuters) - British power producer Drax Group Plc reported a 15 percent fall in first-half earnings, hurt by the increasing cost Britain's carbon tax.

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Vattenfall says tough conditions linger as underlying profit falls

STOCKHOLM, July 23 (Reuters) - Swedish utility Vattenfall said tough conditions for the energy market remained as it posted a 24 percent drop in underlying second-quarter operating profit on Wednesday, hit by lower energy prices and weak demand.

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INTERVIEW-German local utilities want help with power plants

FRANKFURT, July 21 (Reuters) - Germany's local utilities like their larger peers need government help for their power stations to cope with the country's energy transition, lobby group VKU said on Monday.

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