Archive for the ‘Gas’ Category

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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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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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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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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“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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UK fracking companies can use “any substance” under homes.

October 14, 2014 Gas, Oil

Guardian: “The UK government plans to allow fracking companies to put “any substance” under people’s homes and property and leave it there, as part of the Infrastructure Bill which will be debated by the House of Lords on Tuesday.”
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“Falling oil price raises questions on viability of shale”: FT.

October 14, 2014 Gas, Oil

FT: “Plunging share prices for US oil and gas companies in recent days have highlighted a potentially decisive factor in the looming crude price war: investor confidence.”
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Europe plots to escape high-priced Russian gas.

October 14, 2014 Gas

FT: “….Scars from Russia’s gas cuts in 2006 and 2009 run deep across eastern Europe and, at first glance, the continent appears to be in danger again this year thanks to a seemingly unshakeable dependence on Gazprom, Moscow’s gas export monopoly.”
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Mark Carney: most fossil fuel reserves can’t be burned.

October 13, 2014 Climate, Coal, Finance, Gas, Oil

Business Green: “The governor of the Bank of England has reiterated his warning that fossil fuel companies cannot burn all of their reserves if the world is to avoid catastrophic climate change, and called for investors to consider the long-term impacts of their decisions.”
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EU subsidies: for every € going to solar, 0.67 goes to coal.

October 13, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil

EU Press release: “The functioning of energy markets and the size and effect of government interventions has been the subject of debate for years. To date however, a consolidated dataset for government interventions in the power market of the European Union has been missing.”
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Australian government bullies ANU after divestment decision.

October 13, 2014 Climate, Coal, Finance, Gas, Oil

Guardian: “The government has been accused of bullying the Australian National University, after Joe Hockey criticised it for divesting from a number of fossil fuel companies.”
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