Friday, October 12, 2012

EARLIER STUFF

Commerce Dept set steep final tariffs (34-47%) on China solars. But rejected pleas too expand it to Chinese panels made with non-Chinese cells.

IRS, DOE fighting Solyndra bankruptcy plan because its main purpose is tax benefits for parent comp.

Study: US production, support of ethanol contributing to global food crisis.

Researchers found new weather pattern - climate feedback loop they call "Arctic amplification". Strong blasts of warm air from south to north has fueled Arctic thaw, Greenland ice sheet thaw, unusually wet Euro summers and western US fires.

Report: extreme weather around world increasing most dramatically in N America.

Japanese carbon tax will cost utilities $1B/yr starting in '16.

Crack found in PA nuke reactor.

Cal giving $20M to TSLA, others for green vehicle projects.

Open Hydro (Ireland) and Irish utility were granted rights to develop 100Mw tidal E farm on north coast. '20 completion. Open Hydro working on 2 other tidal projects, 1 in Puget Sound.

Japan approved 1.78Gw of clean E projects, 1.48Gw of it solar, 292Mw wind. Since April, country has added 912Mw in clean E, 885 in solar.

Suzlon - India's largest wind turbine maker - defaulted on $209M convertible bond.

IMF cut forecast of China GDP growth this year to 7.7% from May's 8.8%. '11 growth was 9.3%.

USDA reduced projected US corn yields to 122 bushels/acre, down .8 bu from last month, 25% below spring forecasts. End stocks for '12-'13 projected to be 114M bu lower at 619M. Global corn production lowered 2M tons.

Continental Resources unveiled newest oil field - in OK. May be 1.8B bls oil equivalent.

Rumors Baghdad wants to replace Exxon and other big oils dealing with Kurds with Russian comps.

EIA: US winter will be colder than normal. Heating oil bills should be up 19%, NG heating bills up 15%.

22 US governors saying their states will buy at least 10K NG vehicles each if automakers agree to make them.

2 new wind farms up running in Kan. 210Mw built by Wind Capital Group, 168Mw built by Duke. > $700M total invested. Kan's wind gen capacity will reach > 2.7Gw by yearend.

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