New UK shale delays over radioactive waste water release.

January 27, 2014 Gas, Oil “Energy company Cuadrilla has withdrawn applications for permits to frack in Lancashire after issues with radioactive waste. Fracking produces large volumes of water contaminated with low level naturally-occurring radiation.”
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Boeing talks of “biggest breakthrough in biofuels ever”

January 27, 2014 Clean Energy, Oil 

Energy Post: “Oil companies watch out. Biofuels are on the verge of a breakthrough that will transform the oil market. Not only that: it will also green the planet.”
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Fracking firms ‘should pay £6bn pa tax to compensate for climate change’.

January 26, 2014 Climate, Gas 

Guardian: “Shale frackers operating in Britain should be paying £6bn a year in taxes by the middle of the 2020s to compensate for the damage wreaked on the environment, according to a study from Cambridge University.”
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Carbon-bubble risk gains further recognition at Davos.

January 25, 2014 Climate, Coal, Commentaries, Finance, Gas, Oil 

Guardian: Jeremy Leggett interviewed by Jo Confino in a series of audio reports summarising the Climate Day at the World Economic Forum.

Davos delegates warned of imminent energy crisis.

January 24, 2014 Clean Energy, Climate, Commentaries, Finance, Gas, Oil 

RTCC: “A British businessman will tell world leaders meeting in Switzerland today that it is dangerous to argue that fracking for shale oil and gas can help to avert a global energy crisis.:
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Cameron: UK can woo businesses back to UK with ‘cheap’ shale gas.

January 24, 2014 Climate, Gas, Oil 

Business Green: “David Cameron is expected to use the promise of cheap shale gas to lure big manufacturers to the UK, despite his own ministers and advisors suggesting the controversial energy source will not lower bills in Europe.”
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Shale gas extraction in UK likely to increase carbon emissions.

January 24, 2014 Change for Good 

Guardian: “David Cameron has lauded the economic benefits that he says shale gas promises for Europe and claimed that it has environmental benefits too. He said in Davos: “Governments need to reassure people that nothing would go ahead if there were environmental dangers. But if this is done properly, shale gas can actually have lower emissions than imported gas.” Is that true?”
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Gore tells WEF world is close to “political tipping point” on climate.

January 24, 2014 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Oil 

RTCC: “The levels of public and political agreement that climate change needs to be addressed are higher than ever before, Al Gore told delegates at the World Economic Forum in Davos.”
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EU’s renewable energy plan is a ‘lame-duck’ ‘setback’, industry says.

January 23, 2014 Clean Energy, Climate, Commentaries 

Bloomberg: “Wind and solar power producers said they’re at risk of losing investment after the European Union’s executive arm scrapped proposals for a mandatory target on renewable energy use in 2030.”
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Academic study endeavours to calm carbon-bubble concern.

January 23, 2014 Climate, Coal, Finance, Gas, Oil “Investors in U.S. oil and gas companies have not ignored the science when considering whether the potential carbon asset stock prices constitute a bubble—a concern raised in recent media reports, a new University of California, Davis, study suggests.” Read more

Storage for renewable energy: expect big advances in 2014.

January 23, 2014 Clean Energy “….new energy storage systems are helping grid operators fine-tune their management of wind and solar variability. Energy storage is a natural partner to renewable energy since it evens the peaks and valleys created by wind and solar production on the grid.”
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SEIA appeals for negotiated solution to the US-China solar trade war.

January 22, 2014 Clean Energy “The ongoing U.S.-China solar PV trade war continues this week, with China finalizing its tariffs and duties against U.S. polysilicon suppliers, after SolarWorld launched another volley to further tighten tariff definitions against China.”  Read more

World’s largest solar bridge opens in London.

January 22, 2014 Clean Energy 

Business Green: “After nearly five years in the making, Network Rail has today cut the ribbon on the world’s largest solar-powered bridge at Blackfriars Bridge across the River Thames.”
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EU to cut carbon emissions by 40% by 2030.

January 22, 2014 Clean Energy, Climate, Coal, Gas, Oil 

Guardian: “Europe will cut its greenhouse gas emissions by 40% by 2030, compared with 1990 levels, the toughest climate change target of any region in the world, and will produce 27% of its energy from renewable sources by the same date.”
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“E.ON runs down power stations despite blackout warning.”

January 22, 2014 Coal, Gas, Nuclear 

Guardian: “E.ON is to shut one gas-fired power station and expects to reduce output at three others despite continued warnings from the National Grid and others that Britain faces a capacity crunch and potential blackouts.”
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Storebrand excludes another 10 coal companies.

January 21, 2014 Climate, Coal, Finance 

Storebrand: “Continuing its sector-by-sector approach to reducing exposure to fossil fuels and CO2 emissions, Storebrand further reduces investments in coal by excluding ten companies.”
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Concentrated cash pile puts recovery in hands of just a few corporations.

January 21, 2014 Finance 

FT: “The pile of unspent corporate cash that has built up since the start of the financial crisis is being held by an increasingly concentrated pool of companies that will be crucial to hopes of a pick-up in business investment to stimulate the world economy.”
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2013 was 4th warmest year ever: 9 of 10 since 2000.

January 21, 2014 Climate 

Guardian: “Last year was tied for the fourth-warmest year on record around the world. The National Oceanic and Atmospheric Administration on Tuesday released its global temperature figures for 2013. The average world temperature was 58.12F (14.52C) tying with 2003 for the fourth-warmest since 1880.”
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Plans for a European solar PV super-fab.

January 21, 2014 Clean Energy “Reports came out this week that Germany, France, Switzerland, and possibly other European nations are mulling a plan to pool efforts and establish a combined massive-scale solar cell manufacturing operation, inspired by the aerospace consortium Airbus.” Read more

“The US shale boom is overhyped.” And China is watching?

January 20, 2014 Clean Energy, Climate, Commentaries, Gas, Oil 

Jeremy Leggett on China Dialogue: “A growing number of analysts familiar with the detailed state of the global oil and gas industry fear that the almost universally positive narrative about hydrocarbon supply from shale is deeply flawed, and that in fact a global oil crisis might be imminent.” Read more