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Financial markets inherently biased against clean energy, warn analysts

2013-02-21 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Clean energy firms might be lobbying the wrong ministers when they seek market reforms to help drive green investment. Rather than focusing on energy policies, they should be seeking to reform the "institutionally fossilist" financial markets. That is the stark message contained in a new report by Bloomberg New Energy Finance (BNEF), which uncovered a litany of biases in financial regulation that tilt markets in favour of conventional energy and could potentially hold back the flow of investment...

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