DOE Pushing On With $5 Billion In Solar Energy Loans - CNBC
The U.S. Department of Energy said it plans to push ahead with as much as $5.3 billion in potential additional alternative energy loans by Friday, despite Republican complaints the money is going out too quickly to untested firms.Panama talks part of attempt to end climate deadlock
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The DOE has made seven conditional commitments for additional funding by the time the loan guarantee legally expires on Sept. 30. So far, it has made 23 loans totaling $11.2 billion, said a spokesman.
"Countries seem to be looking for a package that comes out of Durban that will maintain the momentum, but I don't think the level of ambition is very high," said Tasneem Essop, head of climate strategy and advocacy at environmental group WWF.Which scientists told us that? Can we see the calculations?
"The fear is that we will miss the kind of time frames that the scientists have told us - that we need to peak our emissions by 2015," she said.
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