US fracking annual toxic waste water enough to flood Washington DC.

October 4, 2013 Gas, Oil 
Guardian: “Growing concerns over radiation risks as report finds widespread environmental damage on an unimaginable scale in the US. Fracking in America generated 280bn US gallons of toxic waste water last year – enough to flood all of Washington DC beneath a 22ft deep toxic lagoon, a new report out on Thursday found.” Read more

US oil-and-gas production pulls ahead of Russia and Saudi Arabia.

October 4, 2013 Gas, Oil 

Guardian: “New estimates released on Friday by the Energy Information Administration showed America pulling ahead of both countries in oil and natural gas production for 2013.” Read more

BP wins Deepwater Horizon spill compensation appeal.

October 3, 2013 Oil 

FT: “BP has secured a first victory in its legal campaign to limit its compensation settlement for the 2010 Deepwater Horizon disaster, following a favourable ruling from a US court.” Read more

Carbon emissions acidifying oceans at fastest rate for 300m years.

October 3, 2013 Climate, Coal, Gas, Oil 

Guardian. “The oceans are becoming more acidic at the fastest rate in 300m years, due to carbon dioxide emissions from burning fossil fuels, and a mass extinction of key species may already be almost inevitable as a result, leading marine scientists warned on Thursday.” Read more

Dangerous radioactivity found at fracking waste site in Pennsylvania.

October 2, 2013 Gas, Oil 

Guardian: “Scientists have for the first time found dangerous levels of radioactivity and salinity at a shale gas waste disposal site that could contaminate drinking water.” Read more

Public protests hit UK support for fracking.

October 2, 2013 Gas, Oil 

Guardian: “Protests against fracking by thousands of people in Sussex over the summer appear to have reversed the growth in British public support for shale gas for the first time.” Read more

New Queensland coal development: expect stranding of this carbon bomb.

October 2, 2013 Climate, Coal, Commentaries 

Jeremy Leggett on The Guardian: “While the world digests the IPCC’s 5th assessment of our carbon emissions and changing climate, plans abound for an unprecedented coal export boom in Australia. In the remote, as yet untapped inland Galilee Basin region of central Queensland, the fuse is set to be lit on a carbon bomb.” Read more

Interest sours in Brazil’s Libra pre-salt oilfield auction.

October 1, 2013 Oil 

FT: “What is not to like about an oilfield that over its lifetime is expected to generate revenue the equivalent of the annual gross domestic product of Austria? Or, whose estimated reserves of 8bn-12bn barrels of oil or equivalent would be enough to more than match four years of US crude oil production at present averages if it was all extracted?” Read more

European utilities declare a form of war on renewables.

October 1, 2013 Clean Energy, Climate, Coal, Commentaries, Gas, Nuclear, Oil 

Jeremy Leggett column in Recharge magazine: “The closer renewables get to becoming the first choice for energy, the more our opponents come out into the open and show themselves as the intransigent incumbency they are at heart.” Read more

Bankers to face jail for “reckless misconduct” from 2014.

October 1, 2013 Finance 

Guardian: “Senior bankers will face up to seven years in jail if they are found to have committed a new offence of reckless misconduct being proposed by the government as part of a series of measures to clean up the City in the wake of the 2008 banking crisis.” Read more

Shell looks to sell US shale portfolio after $2bn writedown.

September 30, 2013 Gas, Oil 

FT: “Shell is to sell its position in the Eagle Ford shale in Texas, two months after announcing a big writedown on the value of its US shale assets.” Read more

Coal in the doldrums, even in Wyoming.

September 30, 2013 Coal 

FT: “The Powder River Basin that stretches across much of the state has made Wyoming the US’s biggest coal producer. But coal industry executives received a shock in August when it was time to see which companies had bid for the rights to a new tract, said to contain nearly 150m tons of mineable coal in the federally controlled basin.” Read more

BP accused of “outright lies” in US federal trial.

September 30, 2013 Oil 

Guardian: “BP told “outright lies” as it tried to hide the amount of oil that was spilling into the Gulf of Mexico following the Deepwater Horizon oil rig disaster, a court heard on Monday, in a new phase of the trial that could ultimately determine how much the company will pay in fines.” Read more

IKEA to sell solar panels in all UK stores.

September 30, 2013 Change for Good, Clean Energy 

Guardian: “IKEA is to sell solar panels at its British stores for the first time….. The world’s biggest furniture retailer…. plans to offer solar panel packages at all of its 17 British stores within the next 10 months.” Read more

Grangemouth applies for government guarantee to convert to US shale.

September 29, 2013 Gas 

FT: “Ineos, a privately owned chemicals group, has asked for an infrastructure loan guarantee from the UK government to convert its Grangemouth plant in Scotland to run on cheap US shale gas.” Read more

BP accused of rejecting a plan that might have stemmed spill early.

September 29, 2013 Oil 

FT: “BP rejected a plan that might have stopped its 2010 oil leak in the Gulf of Mexico within a month in order to protect its “cover-up” of the rate at which oil was escaping, the company’s legal opponents have alleged.” Read more

Why governments are blind to fossil fuel energy risk.

September 29, 2013 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Oil 

Jeremy Leggett on Huffington Post: “Humans are capable of mass collective blindness to risk. In modern times, the financial crisis of 2008 shows us that clearly. A whole industry pushed a delusional narrative.” Read more

IPCC: Most fossil-fuel reserves are unburnable if the target is 2˚C.

September 27, 2013 Change for Good 

Bloomberg: “Most known reserves of fossil fuels will need to stay unburned to stop temperatures rising beyond a United Nations target that seeks to curb climate-change dangers.” Read more

Sceptics focus on “pause” mantra to try discrediting IPCC.

September 27, 2013 Climate 

Guardian: “The landmark new report from the Intergovernmental Panel on Climate Change (IPCC) is crystal clear: human action is warming the planet and we’re heading for big trouble if carbon emissions are not slashed.” Read more

IPCC scientists report: a summary.

September 27, 2013 Climate 

Guardian: “The global climate has already changed in many ways that are unprecedented in the past hundreds or thousands of years, the world’s scientists and governments concluded in the new report from the Intergovernmental Panel on Climate Change.” Read more