Rosneft and ExxonMobil find oil with their $700m Arctic well.

September 27, 2014

FT: “Russia’s top crude oil producer Rosneft confirmed on Saturday that it has made an oil discovery with ExxonMobil at their controversial joint well in the Arctic.”
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Banks could face record fines totalling £1.8bn over currency rigging.

September 26, 2014

Guardian: “Six major banks caught up in the investigation into rigging the currency markets are being pressed by the regulator to agree to fines – possibly of as much as £1.8bn – in the next eight weeks.”
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Fracking trespass law changes move forward despite huge public opposition.

September 26, 2014

Guardian: “Fracking will take place below Britons’ homes without their permission after ministers rejected 40,000 objections to controversial changes to trespass laws.
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Big oil groups blame climate change on coal at UN summit.

September 26, 2014

FT: “….Khalid A Al-Falih, chief executive of the world’s biggest oil producer, Saudi Aramco, a goliath in a fossil fuel industry that many summit speakers said would eventually need to be wiped out. ….Saudi Aramco, said Mr Al-Falih, was “committed to being a part of the climate solution the world needs”, and he was not alone.”
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The UN climate summit shifts the dial on new green investment.

September 25, 2014

Green Bonds newsletter (no url): “….Ban Ki Moon’s audacious Summit convening (that’s really the only power we allow him) made for a really useful event: it bought out marchers around the world to ask their governments for action; and it extracted some useful new commitments, such as:”
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“Coal: Before the Flood.”

September 25, 2014

FT Lex: “….There are holes in the market. China alone has several. The country’s leaders are eager to shift away from energy-intensive investment, towards consumption.”
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“Spooked” coal industry counter attacks divestment campaign.

September 24, 2014

Australian Financial Review: “Anglo American chief Mark Cutifani is calling on the Australian coal industry to mount a counter-attack against the global divestment effort urging investors to dump holdings in fossil fuels.”
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Times “Fracking ‘greener than solar panels’” story refuted by author quoted.

September 24, 2014

Guardian: “Researchers at Manchester University have found that fracking causes less toxicity to humans and marine ecosystems and uses less resources than solar panels and wind turbines.”
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“How a single multinational corporation could light up the world.”

September 24, 2014

Guardian: “Most Americans take turning lights on for granted. But one in five people in the world still can’t plug anything in. The World Bank estimates 1.2 billion people lack electricity all together – resulting in millions of premature deaths yearly – and many more have undependable or unaffordable electricity service.”
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Views differ on efficacy of UN climate summit.

September 24, 2014

Michael Jacobs in the Guardian: “So 120 government leaders each made 4 minute speeches about climate change at the United Nations. Did it make any difference? Yes, but not in the ways you might think.”
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“Clean growth is a safe bet in the climate casino.”

September 23, 2014

Martin Wolf in the FT: “The debate on action over climate change is stuck. Despite copious words and many international conferences, including a UN summit in New York this week, emissions of greenhouse gases continue their upward march. Could this change?”
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SolarAid’s CGI commitment: eradicate kerosene lamp from Africa by 2020.

September 23, 2014

SolarAid press release, no url: “At the 10th Annual Clinton Global Initiative, SolarAid commits to build an alliance to eradicate the kerosene lamp from Africa by 2020.”
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Shale gas part of climate solution UK PM says, not renewables targets.

September 23, 2014

Telegraph: “Shale gas can be part of the solution to tackling climate change and must not be restricted by “green tape”, David Cameron is expected to say on Tuesday at a UN summit on tackling global warming.”
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More than a hundred climate activists arrested on Wall Street.

September 23, 2014

Guardian: “More than 100 protesters were arrested after hundreds of people gathered in New York City’s financial district on Monday to denounce what organisers say is Wall Street’s contribution to climate change.”
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Leading companies pledge to transition to 100% renewables.

September 22, 2014

Climate Group: “Leading businesses including, IKEA, Swiss Re, BT, Formula E, H&M, KPN, Mars, Nestlé, Philips, Reed Elesvier, J. Safra Sarasin and Yoox, join a powerful group of NGOs and clean energy experts today to announce the launch of a multi-year initiative to encourage major companies to commit to using 100% renewable power.”
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Google to cut ties with rightwing lobby group over climate change ‘lies’.

September 22, 2014

Guardian: “The internet giant Google has announced it is to sever its ties with an influential rightwing lobbying network, the American Legislative Exchange Council, accusing it of “lying” about climate change.”
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“Heat rises for fossil fuel industry as climate talks gather pace”: FT.

September 22, 2014

FT: “This is not a comforting week to be an investor in a big oil or coal company. It began with rallies in capital cities around the world, where tens of thousands of people marched to demand more action to fight climate change. It continues with a UN summit in New York on Tuesday, where Barack Obama, the US president, is to join more than 120 national leaders to set out what sort of climate action they plan to take.”
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Organisations controlling £30bn are divesting from fossil fuels.

September 22, 2014

Jamie Arbib in the Guardian: “Today marks an important milestone in the emergence of a growing and increasingly significant movement to withdraw investments from fossil fuels and reinvest them into clean energy. Ahead of the UN Climate Summit, it has been announced that organisations and individuals controlling investments of more than £30bn have committed to divesting their dirty energy investments, seven of which – controlling £250m of assets – are from the UK.”
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“Political will is only barrier to 100% renewables.”

September 22, 2014

TheEcologist: “A report published ahead of tomorrow’s UN Climate Summit shows that we can meet all our energy needs from renewables, writes Paul Brown – poor nations and prosperous, tiny islands and great cities, in any part of the globe. And some are doing it already.”
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Officials clear British EDF nuclear project, immediately face legal challenge.

September 22, 2014

Reuters: “European Union state aid regulators will clear Britain’s plan to build a 16 billion-pound ($26.15 billion) nuclear plant with French utility EDF, a European Commission official said on Monday.”
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  • The Winning of The Carbon War

    Humanity is in a race, a kind of civil war. Believers in a safe future fuelled by endless sunlight and related forms of clean energy combat defenders of finite carbon fuels careless of the impact they have on the world by clinging to coal, oil, and gas. Jeremy Leggett fought for the light side for a quarter of a century as it lost battle after battle to the dark side. Then, in 2013, the tide began to turn. By 2015, it was clear the light side could win the war. Leggett’s diary from the front lines tells one person’s story of those turnaround years, and what they can mean for the world.
  • The book in a minute

  • On doing without fossil fuels

    Fossil-fuel companies like to tell people they are being naive to think they can live without them. These young ladies from the UK Youth Climate Coalition seem to have a different view.
  • Introducing The Energy Of Nations

    Download chapter one, read the reviews and find out how to order here.