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A finance mechanism capable of putting clean energy technology fully into play in the crucial energy choices the world now faces – that's what the head of the U.S. Office of Energy Efficiency and Renewable Energy wants to see.
Alexander Karsner's office is coordinating next week's U.S.-convened major economies meeting, which could play a key role in shaping any such mechanism. Karsner has firm ideas on what will work, based on his experience with a U.S. multi-billion dollar loan guarantee program, and last week briefed Climate Minister Penny Wong. CE Daily reports. (plus audio)
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