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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Slowdown and Ebola fears push down stock markets and price of oil.

October 16, 2014 Finance, Oil 

Guardian: “Fears of a worldwide economic slowdown and anxiety about the spread of Ebola reverberated around stock markets Wednesday, driving shares around the world sharply down and pushing the price of oil to a four-year low.”
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First US public offering of solar bonds: crowdfunding at the next level?

October 15, 2014 Change for Good, Finance 

Guardian: “The largest solar installer in the US announced Wednesday that it is offering up to $200m in bonds to retail investors, marking the first registered public sale of solar bonds in the country.”
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Germany’s clean energy costs decline on domestic bills for the first time.

October 15, 2014 Clean Energy 

REW.com: “German electricity consumers will for the first time see a drop in the fee added to their bills to fund renewables, a boost for Chancellor Angela Merkel, who has pledged to curb the cost for voters.”
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Opec tests US shale oil production with low prices.

October 15, 2014 Oil 

Bloomberg: “OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is sinking.”
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Fracking boom will not tackle global warming, analysis warns.

October 15, 2014 Climate, Gas 

Guardian: “An unrestrained global fracking boom that unleashes plentiful and cheap gas will not tackle global warming by replacing coal and cutting carbon emissions, according to a comprehensive analysis that takes into account the impact on the rest of the energy supply.”
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Fracking company appeals against UK council planning rejection.

October 15, 2014 Gas, Oil 

Guardian: “A fracking company is lodging an appeal against a county council decision to refuse it permission to explore for oil and gas. West Sussex county council’s planning committee refused the application by Celtique Energie for oil and gas exploration near Wisborough Green, a conservation area just outside the South Downs national park, in July.”
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French government ousts pro-nuclear boss of EDF.

October 15, 2014 Nuclear 

Reuters: “President Francois Hollande ousted the pro-nuclear boss of France’s main power utility EDF on Wednesday, replacing him with the head of defence electronics firm Thales a day after a new pro-renewables policy became law.”
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“Welcome to the energy transition”: Times special report.

October 15, 2014 Clean Energy, Climate, Coal, Commentaries, Gas, Oil 

The Times: “It is tempting to be selective and take sustainability success stories, such as the positive climate stance of President Obama, Rockefeller Foundation divestment, and record-breaking solar power generation in China and Germany, as evidence of a global tipping-point moment for the clean and green agenda.”
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Giant battery unit aims at renewable-power storage holy grail.

October 14, 2014 Clean Energy 

Bloomberg: “At a windy mountain pass on the edge of the Mojave Desert, North America’s most potent collection of batteries used for storing unused power is humming its way toward an electricity revolution.”
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