Bill Gates: “the poor can’t afford today’s expensive clean energy solutions.”

August 25, 2014 Clean Energy, Coal, Gas, Oil 

Bill Gates blog: “Many developing countries are turning to coal and other low-cost fossil fuels to generate the electricity they need for powering homes, industry, and agriculture. Some people in rich countries are telling them to cut back on fossil fuels. I understand the concern: After all, human beings are causing our climate to change, and our use of fossil fuels is a huge reason.”
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South Stream gas project a big casualty of EU-Russia Ukraine standoff.

August 24, 2014 Gas, Oil 

FT: “In November 2005, a pipeline called Blue Stream was inaugurated to bring Russian gas across the Black Sea to Turkey. It was, said President Vladimir Putin, who attended the ribbon-cutting ceremony, “just the start”.”
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The “climate swerve”: a new social movement around global warming.

August 23, 2014 Change for Good, Climate 

NYT: “American  appear to be undergoing a significant psychological shift in our relation to global warming. I call this shift a climate “swerve,” borrowing the term used recently by the Harvard humanities professor Stephen Greenblatt to describe a major historical change in consciousness that is neither predictable nor orderly.”
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Cost-cutting fever in tar sands as economics called into question.

August 22, 2014 Climate, Finance, Oil 

Financial Post: “Canadian oil companies are ruthlessly enforcing capital discipline as project costs creep up and shareholders pressure management to focus only on the most profitable ventures.”
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“UK oil output threatened by platforms running out of juice.”

Reuters: “Britain’s oil industry is facing the threat of a cascade of North Sea rig closures, unless ageing platforms can urgently source more gas to help squeeze out the remaining barrels.”
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Deep Atlantic storing huge amounts of global-warming heat.

August 21, 2014 Climate 

Guardian: “The key to the slowdown in global warming in recent years could lie in the depths of the Atlantic and Southern Oceans where excess heat is being stored – not the Pacific Ocean as has previously been suggested, according to new research.”
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Reasons for optimism about prospects for the Paris climate summit.

August 21, 2014 Clean Energy, Climate, Coal, Commentaries, Gas, Oil 

BusinessGreen: “BusinessGreen Leaders Awards Champion of the Year, Jeremy Leggett, reveals why there are reasons to be optimistic in the run up to the Paris climate summit.”
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Oil industry on borrowed time as switch to solar and gas accelerates.

August 20, 2014 Clean Energy, Gas, Oil 

Ambrose Evans-Pritchard in the Telegraph: “The props beneath the global oil industry are slowly decaying. The big traded energy companies resemble the telecom giants of the late 1990s, heavily leveraged to a business model already threatened by fast-moving technology. Citigroup warns – or cheerfully acclaims, depending on your point of view – that world energy markets are entering a period of “extreme flux”, with oil caught in triple encirclement by cheap natural gas, much more efficient vehicles and breathtaking advances in solar power as scientists crack the secrets.”
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UK energy dependence – five hidden costs expose truth about fracking.

August 18, 2014 Clean Energy, Climate, Commentaries, Gas, Oil 

Jeremy Leggett in the Guardian: “The shale boom is a bubble waiting to burst as economics of extraction falter and the trickle of bad environmental news starts to swell.”
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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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