Fracking boom will not tackle global warming, analysis warns.

October 15, 2014

Guardian: “An unrestrained global fracking boom that unleashes plentiful and cheap gas will not tackle global warming by replacing coal and cutting carbon emissions, according to a comprehensive analysis that takes into account the impact on the rest of the energy supply.”
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Fracking company appeals against UK council planning rejection.

October 15, 2014

Guardian: “A fracking company is lodging an appeal against a county council decision to refuse it permission to explore for oil and gas. West Sussex county council’s planning committee refused the application by Celtique Energie for oil and gas exploration near Wisborough Green, a conservation area just outside the South Downs national park, in July.”
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French government ousts pro-nuclear boss of EDF.

October 15, 2014

Reuters: “President Francois Hollande ousted the pro-nuclear boss of France’s main power utility EDF on Wednesday, replacing him with the head of defence electronics firm Thales a day after a new pro-renewables policy became law.”
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“Welcome to the energy transition”: Times special report.

October 15, 2014

The Times: “It is tempting to be selective and take sustainability success stories, such as the positive climate stance of President Obama, Rockefeller Foundation divestment, and record-breaking solar power generation in China and Germany, as evidence of a global tipping-point moment for the clean and green agenda.”
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Giant battery unit aims at renewable-power storage holy grail.

October 14, 2014

Bloomberg: “At a windy mountain pass on the edge of the Mojave Desert, North America’s most potent collection of batteries used for storing unused power is humming its way toward an electricity revolution.”
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Fossil fuel companies found paying lip-service to climate risks.

October 14, 2014

Carbon Tracker press release: “New research by the Carbon Tracker Initiative (CTI) today reveals that 99% of sampled coal, oil and gas companies recognise climate change poses a risk to their businesses – but perpetuate investor uncertainty with only 7% of companies providing evidence of adequately integrating this risk into corporate project and capital expenditure assessments.”
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Mining companies lobby G20 leaders to back coal as future of energy.

October 14, 2014

Guardian: “Mining companies are campaigning for the G20 leaders’ meeting to support continued use of coal as a solution to the global “energy poverty” crisis, as Australia resists the inclusion of climate change on the formal agenda.”
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Investors desert Desertec plan for huge solar farms in desert.

October 14, 2014

Guardian: “An ambitious project to harness and export solar power generated in Middle East and African deserts has all but folded after the withdrawal of most of the Desertec Industrial Initiative’s shareholders.”
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UK fracking companies can use “any substance” under homes.

October 14, 2014

Guardian: “The UK government plans to allow fracking companies to put “any substance” under people’s homes and property and leave it there, as part of the Infrastructure Bill which will be debated by the House of Lords on Tuesday.”
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IEA cuts oil demand forecast.

October 14, 2014

FT: “The price of oil tumbled nearly three dollars a barrel on Tuesday after the west’s energy watchdog cut its forecast for oil demand growth in a sign of the darkening outlook for the global economy.”
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“Falling oil price raises questions on viability of shale”: FT.

October 14, 2014

FT: “Plunging share prices for US oil and gas companies in recent days have highlighted a potentially decisive factor in the looming crude price war: investor confidence.”
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Europe plots to escape high-priced Russian gas.

October 14, 2014

FT: “….Scars from Russia’s gas cuts in 2006 and 2009 run deep across eastern Europe and, at first glance, the continent appears to be in danger again this year thanks to a seemingly unshakeable dependence on Gazprom, Moscow’s gas export monopoly.”
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China targets 100 GW PV by 2020 and no more state support.

October 13, 2014

REW.com: “….let’s jump right in and look at the latest aggressive targets now being finalized by Beijing under its upcoming five-year plan for the sector between 2016 and 2020.”
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Mark Carney: most fossil fuel reserves can’t be burned.

October 13, 2014

Business Green: “The governor of the Bank of England has reiterated his warning that fossil fuel companies cannot burn all of their reserves if the world is to avoid catastrophic climate change, and called for investors to consider the long-term impacts of their decisions.”
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Reuters: “Privately, Saudis tell oil market- get used to lower prices.”

October 13, 2014

Reuters (exclusive): “Suadi Arabia is quietly telling the oil market it would be comfortable with much lower oil prices for an extended period, a sharp shift in policy that may be aimed at slowing the expansion of rival producers including those in the U.S. shale patch.”
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EU subsidies: for every € going to solar, 0.67 goes to coal.

October 13, 2014

EU Press release: “The functioning of energy markets and the size and effect of government interventions has been the subject of debate for years. To date however, a consolidated dataset for government interventions in the power market of the European Union has been missing.”
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Australian government bullies ANU after divestment decision.

October 13, 2014

Guardian: “The government has been accused of bullying the Australian National University, after Joe Hockey criticised it for divesting from a number of fossil fuel companies.”
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Exxon accuses divestment movement of fuelling global poverty.

October 13, 2014

National Journal: “Exxon Mobil is wielding its public relations might against the fossil-fuel divestment movement, signaling that climate-change activists have struck a nerve at the world’s biggest publicly traded oil and gas company.”
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Playing Chamberlain as next the financial crisis looms.

October 12, 2014

Larry Elliot on the Guardian: “….On Monday in Washington, the chancellor of the exchequer will see if Britain is ready for war. A financial war that is.”
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Carney on carbon-bubble risk: “vast majority of reserves are unburnable”.

October 12, 2014

Emerging Markets: “A public call by Bank of England governor Mark Carney that the vast majority of oil reserves should be considered “unburnable” if the world wants to avoid catastrophic climate change makes him stand out among mainstream figures.”
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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

  • On doing without fossil fuels

    Fossil-fuel companies like to tell people they are being naive to think they can live without them. These young ladies from the UK Youth Climate Coalition seem to have a different view.
  • Introducing The Energy Of Nations

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