EU agrees to improve energy efficiency 30% by 2030.

July 23, 2014 Clean Energy, Climate, Coal, Gas 

Guardian: “European Union member states will have to improve their energy efficiency by nearly a third in the next 15 years, under new proposals unveiled on Wednesday by the European commission.”
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Residents weep with relief as council rejects Sussex fracking site.

July 22, 2014 Gas, Oil 

West Sussex Gazette: “Villagers wept with relief as plans for exploratory drilling between Kirdford and Wisborough Green were thrown out by the county council today (Tuesday July 22).”
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UK, Germany & Poland top list of 30 dirtiest coal-fired power stations.

July 22, 2014 Climate, Coal 

Guardian: “The UK and Germany lead a list of the EU’s most polluting coal-fired power stations compiled by environmental campaigners, who say coal emissions are undermining efforts to combat climate change. Both countries have nine of the so-called “dirty 30” and the campaigners say coal burning is increasing due to the relatively low price of the fuel compared to gas.”
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Fears slump in Russia could trigger new global economic meltdown.

July 22, 2014 Finance, Gas, Oil 

Larry Elliot in the Guardian: “….The meltdown scenario can be easily sketched out. Every global downturn since 1973 has been associated with a sharp rise in the price of energy. Russia is one of the world’s biggest energy suppliers and is responsible for about one-third of Europe’s gas.”
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George Osborne defeated in attempt to weaken UK carbon budget.

July 22, 2014 Clean Energy, Climate 

Guardian: “The chancellor, George Osborne’s hopes of weakening the UK’s carbon budget for the next decade were quashed on Tuesday when Lib Dem energy secretary, Ed Davey, said the target would not be changed.”
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World breaks temperature record for June after hottest May.

July 21, 2014 Climate 

AP: “The globe is on a hot streak, setting a heat record in June after it alsobroke the record for May. The National Oceanic and Atmospheric Administration (NOAA) announced on Monday that last month’s average global temperature was 16.2C (61.2F), which is 0.7C higher than the 20th-century average. It beat 2010′s record by one-twentieth of a degree.
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Climate models accurate when reflecting natural ocean cycles.

July 21, 2014 Climate 

Guardian: “Predicting global surface temperature changes in the short-term is a challenge for climate models. Temperature changes over periods of a decade or two can be dominated by influences from ocean cycles like El Niño and La Niña”
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Kashagan delays mar outlook for Eni, Total and Shell.

July 20, 2014 Oil 

FT: “Three of Europe’s largest oil companies could take a $1.5bn hit to earnings as a result of delays to Kashagan, the $50bn oil project in the Caspian Sea that has been bedevilled by hold-ups and cost over-runs.”
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Diesel supply bedevils investments in Africa’s internet: solar can help.

July 19, 2014 Clean Energy 

FT: “If you wake me up at 2 am and ask me what I am thinking about, the answer is power,” says Pankaj Kulshrestha, chief operating officer of Eaton Towers, one of a crop of infrastructure companies that have sprung up in the past five years to control some 15 per cent of Africa’s telecoms towers.”
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Solar displacing oil for lighting, en route to the rest of fossil fuels.

Robyn Williams on ABC Radio National: “Jeremy Leggett describes kerosene lamps as the vampires of developing communities in Africa. They suck financial resources to provide pitiful light, noxious fumes, lost houses and schools due to accidents, as well as damaging emissions.”
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California halts injection of fracking waste, fearing contamination.

July 18, 2014 Gas, Oil 

Propublica: “California officials have ordered an emergency shut-down of 11 oil and gas waste injection sites and a review more than 100 others in the state’s drought-wracked Central Valley out of fear that companies may have been pumping fracking fluids and other toxic waste into drinking water aquifers there.”
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Solar on UK commercial buildings: big vacant spaces, big opportunity.

July 18, 2014 Clean Energy, Commentaries 

Jeremy Leggett in the Guardian: “As the cost of solar energy plunges, the solar industry is growing at whatsome describe as “lightning speed”. But that is a global picture. Nationally, the situation varies greatly, depending on the attitude of the incumbent government.”
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UK economy less energy efficient than China’s.

July 18, 2014 Clean Energy 

Guardian: “Germany is the world’s most energy efficient country with strong codes on buildings while China is quickly stepping up its own efforts, an environmental group said Thursday.”
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The Economist on Shell, Exxon & carbon: “the elephant in the atmosphere”.

July 18, 2014 Climate, Commentaries, Finance, Gas, Oil 

Economist: “In September 2013 a group of institutional investors with $3 trillion of assets under management asked the 45 biggest quoted oil firms how climate change might affect their business and, in particular, whether any of their oil reserves might become “stranded assets”—unusable if laws to curb emissions of carbon dioxide became really tight.”
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Australia kills off carbon tax.

July 17, 2014 Clean Energy, Climate, Coal, Gas, Oil 

Guardian: “Australia’s carbon price has been repealed, leaving the nation with no legislated policy to achieve even the minimum 5% greenhouse emissions reduction target it has inscribed in international agreements.”
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“Supply setbacks will push oil price higher.”

July 17, 2014 Oil 

FT: “A possible resumption of oil exports from Libya, as yet unhindered production in Iraq, and hopes of a nuclear deal with Iran, have caught the oil market on the hop.”
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“A black mound of Canadian oil waste is rising over Detroit.”

July 17, 2014 Climate, Oil 

NYT: “Assumption Park gives residents of this city lovely views of the Ambassador Bridge and the Detroit skyline. Lately they’ve been treated to another sight: a three-story pile of petroleum coke covering an entire city block on the other side of the Detroit River.
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Ineos to build ethane facility at Grangemouth for US shale gas imports.

July 17, 2014 Gas 

Guardian: “The owners of the petrochemicals plant in Grangemouth, the future of which was in doubt last year, have won a £230m loan guarantee from the UK government to build a new facility to import shale gas.”
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Green bond market, growing at 60% pa, becomes mainstream.

Guardian: “The market for green bonds has grown 60% this year compared to 2013, surpassing expectations and leading experts to say a niche has now become mainstream.”
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Renewables are now almost 15% of UK electricity, £8bn annual investment.

July 17, 2014 Clean Energy 

PA: “Almost £8bn was invested in renewable energy in the UK last year, according to a report by the Department of Energy and Climate Change (DECC).”
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