“US solar and wind start to outshine gas”: FT.

September 18, 2014 Clean Energy, Gas 

FT: “Large wind farms and solar plants are now cost-competitive with gas-fired power in many parts of the US even without subsidy, according to Lazard, raising the prospect of a fundamental shift in the country’s energy market.”
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Study finds gas could be worse than coal in climate-policy role.

September 18, 2014 Change for Good, Climate, Coal, Gas 

Energy Innovation’s latest study compares the climate impacts associated with electricity generated from natural gas versus coal. The research calculates life-cycle emissions from natural gas and coal, taking into account methane leakage rates, time periods over which the impact is measured, and the quality of gas turbines (and coal plants) being used (and replaced).”
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MSCI launches family of low carbon indexes, first to address reserves.

September 16, 2014 Climate, Coal, Finance, Gas, Oil 

Business Wire:  ”MSCI Inc. (NYSE:MSCI), a leading provider of investment decision support tools worldwide, announced today the launch of the MSCI Global Low Carbon Leaders Indexes, consisting of companies with significantly lower carbon exposure than the broad market.”
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New Climate Economy report says fighting climate change can be low cost.

September 16, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil 

Guardian: “Barak Obama has welcomed a report finding that reducing greenhouse gas emissions can be achieved at a low cost and with added benefits in the form of a better quality of life for people around the world.”
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Groundwater contamination: leaks from faulty fracked wells to blame.

September 15, 2014 Gas, Oil 

Science Daily: “A study has pinpointed the likely source of most natural gas contamination in drinking-water wells associated with hydraulic fracturing, and it’s not the source many people may have feared.”
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Leading philanthropic foundations can play vital role in UN climate talks.

On RTCC: “In the largest and most international declaration ever published by environmentalists, 160 winners of environmental prizes from 46 countries, have today called on the world’s foundations to use their financial power to fight global warming.”
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Environmentalists call on foundations for more climate funding.

September 15, 2014 Change for Good, Clean Energy, Climate, Finance 

Washington Examiner: Environmentalists from across the world are pressuring philanthropic foundations that help fund climate change projects to drop their investments in fossil fuels.
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“Sun and wind alter global landscape, leaving utilities behind.”

September 13, 2014 Clean Energy 

NYT: “Of all the developed nations, few have pushed harder than Germany to find a solution to global warming. And towering symbols of that drive are appearing in the middle of the North Sea.”
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ExxonMobil underestimates climate risks: Carbon Tracker.

September 11, 2014 Climate, Finance, Gas, Oil 

Carbon Tracker press release: “In March 2014 ExxonMobil published a document entitled, “Energy and Carbon – Managing the Risks” in response to a shareholder proposal by Arjuna Capital and As You Sow.” Read more

“How Hillary Clinton’s State Department sold fracking to the world.”

September 10, 2014 Clean Energy, Gas, Oil 

Guardian: “A trove of secret documents details the US government’s global push for shale gas, reports Mother Jones. ….Clinton, who was sworn in as secretary of state in early 2009, believed that shale gas could help rewrite global energy politics.”
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UN’s Green Climate Fund lowers cash target to $10bn.

September 10, 2014 Clean Energy, Climate, Finance 

RTCC: “The UN’s flagship Green Climate Fund has scaled back plans to raise US$ 15 billion by the end of 2014, with a new goal of $10bn.” Read more

“Shell’s Jekyll and Hyde approach to climate change.”

September 8, 2014 Climate, Commentaries, Gas, Oil 

Business Week: “In April, Royal Dutch Shell (RDS.A) headlined a group of 70 companies that called on world governments to cap greenhouse gas emissions at a level that will contain global warming.”
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“Drillers piling up more debt than oil hunting fortunes in shale.”

September 8, 2014 Climate, Finance, Gas, Oil 

Bloomberg: “Floyd Wilson raps his fingertips against the polished conference table. He’s just been asked, for a second time, how he reacted when his Halcon Resources Corp. (HK) wrote off $1.2 billion last year after disappointing results in two key prospects.”
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“At least three oil and gas majors have ordered full strategic reviews.”

September 8, 2014 Finance, Gas, Oil 

Nick Butler in the FT:  ”Energy executives returning from their summer holidays face some hard choices. I know of at least three major oil and gas companies that have ordered full scale strategic reviews.”
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Fuels rush in as energy blackout threat prompts action from National Grid.

Guardian: “The bizarre prospect of Britain being bailed out by ‘diesel generation parks’ is now a reality as an energy supply shortfall nears crisis point.”
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Swedish parties pledge to ban Vattenfall’s German coal mine plans.

September 5, 2014 Climate, Coal 

Guardian:  ”The coal mining ambitions of Swedish state energy giant Vattenfall have been thrown into doubt after the leaders of all eight major parties promised to ban its planned new operations in Germany.”
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Court rules BP guilty of gross negligence and wilful misconduct.

September 5, 2014 Oil 

FT: “BP is digging in for a long legal battle that could defer for several years the financial impact of Thursday’s court ruling that it acted with gross negligence and wilful misconduct in the Deepwater Horizon disaster.
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EDF’s four-reactor nuclear outage heightens UK energy supply fears.

September 4, 2014 Nuclear 

FT: “Concerns over Britain’s energy capacity shortage deepened on Thursday when EDF Energy warned that the impact of shutting four nuclear reactors for safety reasons would be greater than expected.”
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“Coal must be made more vivid in climate change accounting.”

September 3, 2014 Climate, Coal 

Research at Princeton: “The world’s accounting system for carbon emissions, run by the United Nations, disregards capital investments in future coal-fired and natural-gas power plants that will commit the world to several decades and billions of tons of greenhouse gas emissions, according to a new study from Princeton University and the University of California-Irvine published Aug. 26 in the journal Environmental Research Letters.”
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Pro-fracking newspaper ad banned by UK Advertising Standards Authority.

September 3, 2014 Climate, Gas, Oil 

Guardian: “The Advertising Standards Authority has ruled that a US energy company misled the public when it made unsubstantiated claims about the benefits of fracking and claimed a gas shortage put the UK close to catastrophe.”
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