Your English writing platform
Discover LudwigExact(4)
All so they can use the money to fund wind farms in Africa, where it's not even windy," he said.
One possibility is that financial institutions could find ways to adjust to the new rules and continue to fund wind and solar projects as before.
David Cameron has defended "necessary" green subsidies on energy bills to fund wind and nuclear power after large energy supplier SSE partly blamed government-imposed levies for forcing it to raise gas and electricity prices by 8.2%.
Research carried out for trade body Scottish Renewables has confirmed the fears of green campaigners after it found that investors who fund wind farms are less likely to lend capital for new projects, after the Government move had a "significant impact on investor confidence".
Similar(56)
In a letter to the fund's investors, Goldman said it hoped to have the fund wound down by mid-October.
Target's ill-timed share buyback, encouraged by William Ackman's fund, wound up hurting both the retailer and the activist as the price plummeted and the plan was halted to preserve cash.
Rather than paying out money with no prospect of a return, investors would far rather see the underlying portfolio companies sold, even at a loss, and the fund wound up.
But some critics say that the investment strategy is flawed, noting that the teachers' fund wound up with one of the highest levels of risk of any state fund tracked by Wilshire Associates, the investment advisory firm.
Malaysia's prime pinister Najib Razak is to get sweeping security powers amid planned protests calling for his resignation over allegations that millions of dollars from a state fund wound up in his personal bank account.
And while the general partner can be asked to contribute cash when the fund winds down, the individual executives do not typically guarantee the partnership's obligations on this amount, and the limited partners, who would have paid the management fee in any event, have no reason to pursue a legal claim.
The partners grumbled about being forced to work for only $500,000 a year as the fund wound down, and Meriwether and some of his colleagues started a new hedge fund late last year, vowing to use only $15 or so of borrowed money to go with each dollar invested with the fund.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com