“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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Nova Scotia bans fracking.

September 3, 2014 Gas, Oil 
Herald Business: There will be no fracking in Nova Scotia. Energy Minister Andrew Younger announced Wednesday that the Liberal government plans to introduce legislation in the fall prohibiting hydraulic fracturing in shale oil and gas projects in the province.”
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Water shortages pose larger than expected threat to shale gas.

September 2, 2014 Gas, Oil 

FT: “Water shortages pose a bigger threat to the global shale oil and gas industry than is widely realised, according to one of the most detailed studies to date of how much water is available at some of the world’s most promising shale sites.”
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“Fossil fuels are no match for the climate elephant.”

September 1, 2014 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Oil 
Jeremy Leggett in Recharge magazine: “Evidence of imminent total-system change in energy markets has become clearer in recent months. Let me take five themes in turn: climate change, carbon bubble, shale “surprise”, oil shock and solar revolution.”
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Solar industry set for record shipments of 52 GW in 2014.

August 29, 2014 Clean Energy 

Bloomberg: “Solar manufacturers are set to ship a record number of panels this year, with the largest makers expected to deliver 52 percent more panel between them than 2013.”
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Aramco CEO puts oil majors’ unsustainable capex in perspective.

August 29, 2014 Gas, Oil 

Mark Lewis for Kepler Cheuvreux: (e-mail circular, no url): “Saudi Aramco’s CEO, Khalid A. Al-Falih, warned earlier this week about the huge amount of investment that will be required to bring on new oil supply over the next two decades (a full transcript of Mr. Al-Falih’s comments is available on the Saudi Aramco website here).”
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Divesting from fossil fuels: “last man out loses”.

August 29, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil 

REW.com: “A new report written by Nathaniel Bullard at Bloomberg New Energy Finance (BNEF) highlights the difficulties large institutional investors would have divesting from fossil fuels. What it does not specifically discuss is that these difficulties could lead to large financial losses for investors who see the difficulty of divesting as a reason to delay.”
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Renewable energy grows at fastest ever rate.

August 28, 2014 Clean Energy 

Guardian: “Wind, solar and other renewable power capacity grew at its strongest ever pace last year and now produces 22% of the world’s electricity, the International Energy Agency said on Thursday in a new report.”
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“This approach to climate change doesn’t involve Obama or the the Senate.”

August 28, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil 

Bloomberg: “Forget the Senate, as President Obama is trying to do. Pull the plug on the annual United Nations climate negotiations. Maybe it’s time for investors to save the planet.”
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UBS urges investors to join solar revolution.

August 27, 2014 Clean Energy, Finance 

Guardian: “Big power stations in Europe could be redundant within 10-20 years as electric cars, cheaper batteries and new solar technologies transform the way electricity is generated, stored and distributed, say analysts at the world’s largest private bank.”
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