IPCC 1990 – 2014: a quarter century of The Carbon War.

October 31, 2014 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Oil 

Jeremy Leggett on the Greenpeace Energy Desk: “When the Intergovernmental Panel on Climate Change completed its First Assessment Report in 1990, almost a quarter of a century ago, I worked for Greenpeace as a climate campaigner.”
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Storage not needed until renewables are 60% of German power: Agora.

October 30, 2014 Clean Energy 

REW.com: “Until recently, the going orthodoxy among supporters of Germany’s Energiewende, or clean energy transition, was that storage capacity for electricity was vital to expanding renewables in Germany’s power supply.”
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Russia, Ukraine, EU agree new gas supply deal.

October 30, 2014 Gas 

Guardian: “Ukraine, Russia and the European Union signed a deal on Thursday on the resumption of Russian natural gas supplies to Ukraine for winter after several months of delay during the conflict in Ukraine.”
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Lobbyists advice to oil and gas: play “ugly” if you want to keep drilling.

October 30, 2014 Climate, Coal, Gas, Oil 

NY Times: “If the oil and gas industry wants to prevent its opponents from slowing its efforts to drill in more places, it must be prepared to employ tactics like digging up embarrassing tidbits about environmentalists and liberal celebrities, a veteran Washington political consultant told a room full of industry executives in a speech that was secretly recorded.”
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US Federal Reserve to end quantitative easing programme.

October 29, 2014 Finance 

Guardian: “The US Federal Reserve has called time on its $4.5tn bond-buying programme, halting a radical monetary policy introduced nearly six years ago to steer the world’s largest economy through the financial crisis.
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Globalised financial system is an ‘incendiary’ risk to stability: BoE.

October 29, 2014 Finance 

Guardian: “The global monetary system has become so deeply interconnected that it poses an “incendiary” threat to stability unless a radical new international approach is taken, the Bank of England’s chief economist has warned.”
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Opec says 50% of US shale oil production is at risk at $85.

October 29, 2014 Gas, Oil 

FT: “Opec expects a sharp reduction in higher cost production such as US shale if the price of crude oil remains around $85 a barrel.
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Shell asks US for 5 more years permission to drill Arctic Alaska.

October 28, 2014 Gas, Oil 

Bloomberg: “Shell is asking the Obama administration for five more years to explore for oil off Alaska’s coast, saying set backs and legal delays may push the start of drilling past the 2017 expiration of some leases.”
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Swiss group Alevo announces $1 bn investment in battery manufacturing.

October 28, 2014 Clean Energy 

Guardian: “Could a long-vacant cigarette factory in North Carolina build the rechargeable battery that will unlock the future of the clean energy economy?”
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Shale begins to feature as a toxic issue for US voters.

October 28, 2014 Gas, Oil 

FT: “….Passions over fracking are on the rise in America. ….the rush to extract more shale energy is bringing industrialisation to picturesque ruraltowns and densely built city suburbs, where horrified residents say fracking is anything but clean.”
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BHP to sell one of its US shale gas assets.

October 27, 2014 Gas 

SMH: “BHP Billiton’s patience with the most gassy parts of its US shale business appears to be waning, with the company indicating it may soon sell one of the assets it bought during its $US20 billion ($22.7 billion) buying spree in 2011.”
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Doubt in U.S. Government forecasts for a lasting tight oil & shale gas boom.

October 27, 2014 Gas, Oil 

Post Carbon Institute: “A new report from the analyst who predicted the vast downgrade of available oil resources in California’s Monterey Shale calls into question optimistic government forecasts and industry claims about U.S. energy independence and the viability of oil and natural gas exports.”
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Keystone foes energized as price pressures allure of tar sands.

October 27, 2014 Climate, Oil 

Bloomberg: “….U.S. benchmark crude has tumbled 10 percent this month, closing at $81.01 a barrel in New York trading last week, and further declines are forecast. At $75, a government analysis said producers may be discouraged from developingCanada’s oil sands without pipelines like Keystone.”
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Green billionaire combats Kochs with US mid-term funding.

October 26, 2014 Climate 

Guardian: “The green billionaire Tom Steyer this week solidified his status as the leading patron of environmental causes in American politics, with the announcement that he had given nearly $56m to make climate change a top-tier issue in the midterm elections.”
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“15 Big Oil sell signals that warn of a 50% stock crash.”

October 24, 2014 Climate, Finance, Gas, Oil 

Paul B. Farrell, MarketWatch: “Big Oil investors beware: “The day of the huge international oil company is drawing to a close,” warned the Economist last year. Since then, Big Oil sell signals have gotten louder, more frequent, confirming fears of a crash in Big Oil, in the entire energy industry, rippling through Wall Street stocks, the global economy.”
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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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Eastern Europe contemplates prospect of winter without gas.

October 24, 2014 Gas 

Bloomberg: “As winter approaches, former Soviet satellite nations from Poland to Bulgaria are watching Russia and Ukraine’s stalled gas negotiations with growing trepidation.” Read more

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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Norway’s Arctic oil ambitions threatened by oil price-slump.

October 23, 2014 Gas, Oil 

Bloomberg: “Norway’s push to exploit Arctic waters for oil, already denounced by environmentalists, is now under threat from the slump in crude prices.”
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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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