Solar boom threatens first global solar panel shortage since 2006.

August 18, 2014 Clean Energy 

Bloomberg: “The solar industry is facing a looming shortage of photovoltaic panels, reversing a two-year slump triggered by a global glut.”
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UK anti-fracking group stages day of protests.

August 18, 2014 Gas, Oil 

Guardian: “Anti-fracking protesters caused peaceful disruption at several locations on Monday, gluing themselves to the doors of a government department, occupying a building used by an energy firm and blockading access to a test drilling site.”
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Citigroup: solar industry to outperform fossil fuels in long term.

August 15, 2014 Clean Energy, Gas 

Blue&GreenTomorrow: “Investment bank Citigroup predicts that the solar industry will continue to grow on a global scale and will become competitive with fossil fuels, because of “pure economics” and the need to diversify energy supply over the long term.”
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Oil majors gambling US$91bn on 20 high-risk projects.

August 15, 2014 Climate, Finance, Gas, Oil 

CarbonTracker: “The world’s biggest publicly listed oil companies plan to develop the projects, which will put nearly $91 billion of investor cash at risk over the next decade.”
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Green energy co-ops blocked by UK government regulator.

August 15, 2014 Clean Energy 

Guardian: “The future of community-owned green energy projects that ministers say are crucial to break the dominance of the ‘big six’ is being put at risk by the Financial Conduct Authority, according to co-operatives and the Labour party.”
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US utility buys solar home energy products company

August 14, 2014 Clean Energy 

Recharge magazine: “NRG Energy will acquire personal solar products supplier Goal Zero, a move it says aligns with the company’s mission to lead the US market in “offering cleaner, smarter choices and sustainable lifestyle solutions to end-use energy consumers.”
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Rosneft asks Moscow for $42bn as western sanctions bite.

August 14, 2014 Gas, Oil 

FT: “Rosneft has asked the Russian government for as much as Rb1.5tn ($42bn) in support, in a clear sign of the growing cost of western sanctions against Moscow.”
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UK installed solar capacity now exceeds 5GW.

August 12, 2014 Clean Energy 

SolarPowerPortal: According to the latest weekly analysis by NPD Solarbuzz on UK PV market deployment, the UK’s cumulative capacity has now reached 5GW.”
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Support for UK fracking drops to 24%, DECC survey finds.

August 12, 2014 Gas, Oil 

Telegraph: “Support for fracking in the UK has fallen, with less than a quarter of the public now in favour of extracting shale gas to meet the country’s energy needs, according to official government polling.”
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Oil companies fracking into drinking water sources, new research shows.

August 12, 2014 Gas, Oil 

LA Times: “Energy companies are fracking for oil and gas at far shallower depths than widely believed, sometimes through underground sources of drinking water, according to research released Tuesday by Stanford University scientists.”
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US state breaks ground on a “perfect” solar & storage microgrid.

August 12, 2014 Clean Energy 

REW.com: “Today Green Mountain Power (GMP) broke ground on a solar plus energy storage microgrid in Rutland, Vermont with one expert calling it a “perfect” project.”
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Keystone XL carbon emissions ‘would be 4x higher than US thought’.

August 11, 2014 Climate, Oil 

AP: “The much-debated Keystone XL pipeline could produce four times more global warming pollution than the State Department calculated earlier this year, a new study concludes.”
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UK government ridiculed for heavily censoring fracking report.

August 11, 2014 Gas 

Geoffrey Lean in the Telegraph: “The Government has just published a report on the likely effects of the drilling on Britain’s countryside communities – including its possible impact on house prices – that is so heavily redacted it might instead be devoted to a military assessment of options for intervention in Iraq.”
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EDF shuts nuclear reactors in northern England due to faults.

August 11, 2014 Nuclear 

Guardian: “Four nuclear reactors at two large power plants in the north of England are to be shut down temporarily, after inspectors discovered a fault with a boiler unit.”
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Oil & gas company debt soars to danger levels to cover shortfalls in cash.

August 11, 2014 Climate, Gas, Oil 

Telegraph: “The world’s leading oil and gas companies are taking on debt and selling assets on an unprecedented scale to cover a shortfall in cash, calling into question the long-term viability of large parts of the industry.”
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UK fracking company wins permission to reinject waste water.

August 10, 2014 Gas, Oil 

Independent on Sunday: “Environmental campaigners fear an oil company’s plan to drill for gas in one of Britain’s national parks is a stalking horse for a future bid to carry out fracking in the area.”
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RBS winds down rogue SME restructuring profit centre.

August 8, 2014 Finance 

FT: “RBS is winding down its controversial Global Restructuring Group, which is being investigated over allegations that it profited from the financial distress of companies it was meant to help.”
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Norway’s oil fund to reveal voting intentions.

August 8, 2014 Change for Good, Finance 

FT: “One of the world’s largest investors will start publicly declaring how it intends to vote at companies’ annual meetings in a move that will ratchet up pressure on boards in Europe and raise the spectre of a sharp rise in shareholder rebellions.”
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Exxon begins drilling in Russian Arctic immune to sanctions.

August 8, 2014 Gas, Oil 

Bloomberg: “Sanctions, what sanctions? ExxonMobil Corp. will start drilling a $700 million well in the Arctic Ocean tomorrow, Russia’s government said, showing that for all the talk of action against Vladimir Putin’s oil industry, the largest U.S. energy company is undeterred.”
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SolarCity, now worth $7bn, prepares to add solar loans to leases.

August 7, 2014 Clean Energy, Finance 

Recharge: “SolarCity is “testing” home solar loan products, says chief executive Lyndon Rive, with such loans expected to soon begin eating into the market share of the lease model upon which SolarCity has thrived.”
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