EU leaders agree to cut greenhouse gas emissions by 40% by 2030.

October 24, 2014 Clean Energy, Climate, Coal, Gas, Oil 

Guardian: “European leaders have struck a broad climate change pact obliging the EU as a whole to cut greenhouse gases by at least 40% by 2030. But key aspects of the deal that will form a bargaining position for global climate talks in Paris next year were left vague or voluntary, raising questions as to how the aims would be realised.”
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Climate and clean energy now in top 3 US electoral ad issues.

October 23, 2014 Clean Energy, Climate, Coal, Gas, Oil 

Tree Alerts (no url): “Climate and energy issues now rank in the top three issues mentioned in electoral ads as the midterm elections near in the US.”
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Gas boss calls for “reconciliation” between gas and renewables industries.

October 23, 2014 Gas, Oil 

FT: “Natural gas demand in Europe is likely to remain weak for almost two decades, according to the chief economist at the International Energy Agency, casting doubt on the continent’s ability to diversify its energy supplies and achieve climate change goals at an affordable cost.”
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“Shale boom’s allure to Wall Street tested by bear market.”

October 23, 2014 Gas, Oil 

Bloomberg: “Falling oil prices are testing investors’ commitment to the Wall Street-funded shale boom.”
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Oil producers cramming wells in risky push to extend shale boom.

October 22, 2014 Gas, Oil 

Bloomberg: “U.S. shale producers are cramming more wells into the juiciest spots of their oilfields in a move that may help keep the drilling boom going as prices plunge.”
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US shale drillers are using benzine in fracking liquids.

October 22, 2014 Gas, Oil 

Bloomberg: “Some oil and gas drillers are using benzene, which can cause cancer, in the mix of water and chemicals they shoot underground to free trapped hydrocarbons from shale rock, an environmental watchdog group said today.”
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Solar PV reduces costs of running buildings & can increase value.

October 22, 2014 Clean Energy 

PV Magazine: “Published in conjunction with real estate investment firm JLL, a new Solarcentury report highlights the positive impact that solar PV installations can have on the performance of U.K. commercial property.”
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New Yorkers support fracking moratorium & clean energy: poll.

October 22, 2014 Gas, Oil 

REW.com: “Last month, NRDC engaged a nationally recognized opinion research firm to conduct polling in New York State to evaluate public attitudes about fracking and clean energy. Importantly, this is the first statewide poll in at least two years — and perhaps ever — to directly ask residents their views of the now six-year-old de facto moratorium on fracking.”
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$80 oil muffles forecasts for U.S. shale boom.

October 21, 2014 Gas, Oil 

Bloomberg: The bear market in oil has analysts reassessing the U.S. shale boom after five years of historic growth. The U.S. benchmark price dropped to $79.78 a barrel on Oct. 16, the lowest since June 2012.”
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Fossil fuel divestment: climate activists take aim at Australia’s banks.

October 18, 2014 Climate, Coal, Gas, Oil 

Guardian: “Climate change activists will aim to give the big banks a $200m bloody nose on Saturday, in the latest round of what has been an increasingly bitter campaign to force the divestment of companies with fossil fuel interests.”
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Pacific Islanders blockade Australian coal port to protest rising sea levels.

October 17, 2014 Climate, Coal 

Guardian: “A group of Pacific Islanders joined an environmental protest blockading the Newcastle coal port on Friday, disrupting shipping traffic by paddling canoes across the harbour mouth.”
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Advanced biofuels company warns oil lobbying may smother industry.

October 17, 2014 Clean Energy 

FT: “The US risks killing off its nascent advanced biofuels industry as soon as it is launched because of inadequate support from regulations, the chief executive of one of the sector’s leading companies has warned.”
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US eyes mix of legally-binding & handshake deals in global climate talks.

October 17, 2014 Climate 

Guardian: “Barack Obama’s negotiating position for a global deal to fight climate change is beginning to look like a big buffet.”
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Arctic Ice loss sends Alaskan temperatures soaring.

October 17, 2014 Climate 

Climate News Network: “If you doubt that parts of the planet really are warming, talk to residents of Barrow, the Alaskan town that is the most northerly settlement in the US.”
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Chesapeake sells shale gasfields for $5.38bn

October 16, 2014 Gas, Oil 

FT: “….a price that was significantly higher than analysts had expected. It has agreed a deal with Southwestern Energy, another US gas producer, to sell drilling rights on 413,000 acres of land in the Marcellus and Utica shales of Pennsylvania and West Virginia.”
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Russian gas shutdown would not cause blackouts, says EC.

October 16, 2014 Gas 

Guardian: “A total shutdown of Russia’s gas supply to Europe will not cause blackouts this winter, the European commission said on Thursday, as Vladimir Putin warned of a potential repeat of 2008 when Russia turned off gas supplies to the Ukraine.”
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India announces 15GW of new new solar in next 5 years.

October 16, 2014 Clean Energy 

REW.com: “The federal government of India announced the largest of its National Solar Mission (NSM) programmes to date — 15,000 MW over the next five years.”
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Low oil prices: recession in Russia, revolt in Venezuela?

October 16, 2014 Finance, Oil 

Guardian: “The sudden slump in oil prices, which have fallen 15% in the past three months, has sent tremors through the capitals of the world’s great oil powers, many of whom could face testing budget crunches if the tendency persists.”
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Putin strengthening China-Russia ties for renewable energy development.

October 16, 2014 Clean Energy 

REW.com: “China has encroached so strongly into Russia this year — a shift meant mainly to mollify the U.S. impact on the countries’ economic interests and the world stage — that the dominance made even prominent Russians fearful of the Asian giant.”
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“Has Saudi Arabia lost control of the oil market?”

October 16, 2014 Oil 

Nick Butler on the FT: “Conspiracy theories abound around the oil price fall. A 25 per cent drop in less than three months is certainly exceptional and the assumption is that in a politically driven market a political decision by someone, somewhere must have forced prices down.”
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