STUFF

TOP STUFF

Cal Chamber of Commerce suing to stop cap and trade in state, calling it illegal tax.

S Korea mandating domestic emissions cuts, limiting global offsets.

Global GHG emissions up 2.5% in '11: German institute.

Industry execs: US will never be oil self-sufficient. Despite IEA's latest forecast. (We don't need to be. There's biofuels, EV's, HFCV's, FCV's, NGV's, efficiency improvements to get free of imported oil.)

EC to delay auction of some 900M carbon emission allowances in attempt to rescue collapsing carbon market - down 80% since '08. Oversupply in market est. in area of 2B tons.

Using LNG would cost ~$1.50 less/gallon than gasoline. Clean Energy (CLNE) - T. Bone Pickens - in process of doubling their 75 current LNG fueling stations. Also buying 2 LNG plants from GE, GE financing ~$200M. Online by '15. Will supply 250K gal/d. Next year, 4 major manufacturers to intro 12-liter LNG engines for 18-wheelers. Fed Ex, UPS already using CNG (compressed gas) in their fleets.

Fossil fuel comps have 5x more oil, NG, coal in known reserves than climate scientists think is safe to burn.

DOD advanced biofuels initiatives could generate $10B+ of econ activity, 14K jobs.

OTHER STUFF

US budget deficit $120B in Oct.

Bosch pulling out of Desertec - initiative to build solar plant network across N Africa. Siemens already out. And Spain delaying agreement that would have allowed construction of Morocco solar plant.

Iceland's state-owned power comp proposing to pipe el from volcanic geothermal energy to Britain through what would be world's longest seabed power cable.

IEA cut its forecast for oil demand for 4Q12. Weak Euro econ, Sandy's impact.

Anadarko to drill 1st wells offshore Kenya. Discovered oil off Mozambique earlier this year.

Louisiana university opened energy law center.

Gazprom signed deal for Euro NG project.

Canada's $500M Next Gen Biofuels Fund 5 years after formation close to making 1st investments just as Canada leaders consider pulling the plug.

Petrobras completed B20 biodiesel motor testing. Now they tear down the engines to analyze effects.

McLaren will produce engines, transmissions, etc. for Formula E electric racers.

Iran unveiled 3 new missile and artillery systems.

Ormat Tech (ORA) subsid buying late stage development 35Mw geothermal project in Honduras, the country's 1st geo project.

Some utilities after Sandy partnering with IBM to better predict storms' impacts and boost grid stability.