“Political will is only barrier to 100% renewables.”

September 22, 2014 Clean Energy, Climate, Commentaries 

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 Nuclear 

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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Citizens stage biggest-ever climate demonstration, worldwide.

September 21, 2014 Change for Good, Climate 

Guardian: “From Melbourne to Manhattan, tens of thousands of people took to the streets on Sunday to stage the biggest display of popular support for climate action ever seen, and demand that their leaders take action.”
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“Rockefellers, heirs to an oil fortune, will divest charity of fossil fuels.”

September 21, 2014 Climate, Coal, Finance, Gas, Oil 

NYT: “The family whose legendary wealth flowed from Standard Oil is planning to announce on Monday that its $860 million philanthropic organization, the Rockefeller Brothers Fund, is joining the divestment movement that began a couple years ago on college campuses.”
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Climate warning to world leaders: stick to 2C limit or face ‘mayhem’.

September 20, 2014 Clean Energy, Climate, Coal, Gas, Oil 

Observer: “World leaders must commit themselves to holding current rises in global temperatures to 2C. That is the stark message of experts and campaigners in the runup to the United Nations climate summit that will be held in New York later this week.”
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Exxon winds down Russian Arctic drilling campaign as sanctions bite.

September 19, 2014 Gas, Oil 

FT: “Exxonmobil, the US oil company, is winding down its drilling campaign in the Russian Arctic, making it the biggest corporate casualty of sanctions announced by the US and EU this month, by putting its $700m project on indefinite hold.”
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“Shale fracking is a ‘ponzi scheme’, ‘….equivalent of the dot.com crash’.”

September 19, 2014 Gas, Oil 

Washington’s Blog on Global Research: “In 2011, the New York Times wrote: “Money is pouring in” from investors even though shale gas is “inherently unprofitable,” an analyst from PNC Wealth Management, an investment company,  wrote to a contractor in a February e-mail.
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“Coal gloom coming from activists, not genuine analysts: miners.”

September 19, 2014 Change for Good 

Australian: “Miners  say climate change cam­paigners are dressing up envir­onmental activism as fin­an­cial advice before the release of a global report on the future of coal, which predicts thermal coal demand will peak in China by 2016.”
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“Toil for oil spells danger for majors.”

September 19, 2014 Clean Energy, Oil 

Mark Lewis: a major new report for Kepler Cheuvreux: “Until now, concern over new high-cost oil projects potentially becoming stranded in future has focused on the downside risk to oil prices, a concern that will only increase if oil prices – already down by nearly USD20/bbl since June on demand worries – fall further near term.” Read more

“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