Swiss group Alevo announces $1 bn investment in battery manufacturing.

October 28, 2014

Guardian: “Could a long-vacant cigarette factory in North Carolina build the rechargeable battery that will unlock the future of the clean energy economy?”
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Shale begins to feature as a toxic issue for US voters.

October 28, 2014

FT: “….Passions over fracking are on the rise in America. ….the rush to extract more shale energy is bringing industrialisation to picturesque ruraltowns and densely built city suburbs, where horrified residents say fracking is anything but clean.”
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BHP to sell one of its US shale gas assets.

October 27, 2014

SMH: “BHP Billiton’s patience with the most gassy parts of its US shale business appears to be waning, with the company indicating it may soon sell one of the assets it bought during its $US20 billion ($22.7 billion) buying spree in 2011.”
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Doubt in U.S. Government forecasts for a lasting tight oil & shale gas boom.

October 27, 2014

Post Carbon Institute: “A new report from the analyst who predicted the vast downgrade of available oil resources in California’s Monterey Shale calls into question optimistic government forecasts and industry claims about U.S. energy independence and the viability of oil and natural gas exports.”
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Keystone foes energized as price pressures allure of tar sands.

October 27, 2014

Bloomberg: “….U.S. benchmark crude has tumbled 10 percent this month, closing at $81.01 a barrel in New York trading last week, and further declines are forecast. At $75, a government analysis said producers may be discouraged from developingCanada’s oil sands without pipelines like Keystone.”
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Green billionaire combats Kochs with US mid-term funding.

October 26, 2014

Guardian: “The green billionaire Tom Steyer this week solidified his status as the leading patron of environmental causes in American politics, with the announcement that he had given nearly $56m to make climate change a top-tier issue in the midterm elections.”
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“15 Big Oil sell signals that warn of a 50% stock crash.”

October 24, 2014

Paul B. Farrell, MarketWatch: “Big Oil investors beware: “The day of the huge international oil company is drawing to a close,” warned the Economist last year. Since then, Big Oil sell signals have gotten louder, more frequent, confirming fears of a crash in Big Oil, in the entire energy industry, rippling through Wall Street stocks, the global economy.”
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EU leaders agree to cut greenhouse gas emissions by 40% by 2030.

October 24, 2014

Guardian: “European leaders have struck a broad climate change pact obliging the EU as a whole to cut greenhouse gases by at least 40% by 2030. But key aspects of the deal that will form a bargaining position for global climate talks in Paris next year were left vague or voluntary, raising questions as to how the aims would be realised.”
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Eastern Europe contemplates prospect of winter without gas.

October 24, 2014

Bloomberg: “As winter approaches, former Soviet satellite nations from Poland to Bulgaria are watching Russia and Ukraine’s stalled gas negotiations with growing trepidation.” Read more

Climate and clean energy now in top 3 US electoral ad issues.

October 23, 2014

Tree Alerts (no url): “Climate and energy issues now rank in the top three issues mentioned in electoral ads as the midterm elections near in the US.”
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Norway’s Arctic oil ambitions threatened by oil price-slump.

October 23, 2014

Bloomberg: “Norway’s push to exploit Arctic waters for oil, already denounced by environmentalists, is now under threat from the slump in crude prices.”
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Gas boss calls for “reconciliation” between gas and renewables industries.

October 23, 2014

FT: “Natural gas demand in Europe is likely to remain weak for almost two decades, according to the chief economist at the International Energy Agency, casting doubt on the continent’s ability to diversify its energy supplies and achieve climate change goals at an affordable cost.”
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“Shale boom’s allure to Wall Street tested by bear market.”

October 23, 2014

Bloomberg: “Falling oil prices are testing investors’ commitment to the Wall Street-funded shale boom.”
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Oil producers cramming wells in risky push to extend shale boom.

October 22, 2014

Bloomberg: “U.S. shale producers are cramming more wells into the juiciest spots of their oilfields in a move that may help keep the drilling boom going as prices plunge.”
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US shale drillers are using benzine in fracking liquids.

October 22, 2014

Bloomberg: “Some oil and gas drillers are using benzene, which can cause cancer, in the mix of water and chemicals they shoot underground to free trapped hydrocarbons from shale rock, an environmental watchdog group said today.”
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Solar PV reduces costs of running buildings & can increase value.

October 22, 2014

PV Magazine: “Published in conjunction with real estate investment firm JLL, a new Solarcentury report highlights the positive impact that solar PV installations can have on the performance of U.K. commercial property.”
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New Yorkers support fracking moratorium & clean energy: poll.

October 22, 2014

REW.com: “Last month, NRDC engaged a nationally recognized opinion research firm to conduct polling in New York State to evaluate public attitudes about fracking and clean energy. Importantly, this is the first statewide poll in at least two years — and perhaps ever — to directly ask residents their views of the now six-year-old de facto moratorium on fracking.”
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$80 oil muffles forecasts for U.S. shale boom.

October 21, 2014

Bloomberg: The bear market in oil has analysts reassessing the U.S. shale boom after five years of historic growth. The U.S. benchmark price dropped to $79.78 a barrel on Oct. 16, the lowest since June 2012.”
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Bernstein: a third of U.S. shale oil production uneconomic at $80.

October 20, 2014

Bernstein Research report (no url): “We estimate that about a third of U.S. shale oil production is uneconomic at $80/bbl WTI. We disagree with other estimates, including those cited by the IEA, which suggest the vast majority of shale oil production is robust at such prices.”
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AP2 to divest from 20 fossil-fuel companies at risk of stranding.

October 20, 2014

PI online: “AP2, Gothenburg, Sweden, is to divest from coal and oil and gas production companies to reduce its financial risk in fossil-fuel-based energy, said a spokeswoman.”
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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

  • Introducing The Energy Of Nations

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