Thursday, May 22, 2014
MONTEREY (CAL) SHALE DEPOSIT now est. by EIA at .6B bls (economically recoverable at present prices, present fracking tech). EIA's '11 est. 15.4B bls. (Yep, pretty big change.) ... Public interest in climate change declining, but unaffected by "scandals": study ... Glacial melt pouring iron into oceans: study ... Australia's grassland, not Amazon rainforest, explains '11's massive land-based carbon sink: study ... New $215M fund to conserve portions of Brazil's Amazon rainforest ... DOE announced $10M for research on chem solar thermal energy storage ... Bosnia, Serbia seek intl aid after flooding caused billions in damage ... World hit another record heat level ... Homeland Security reported cyberattack on unnamed US utility ... Shell shed its Eagle Ford assets for $639M ... UK Green Investment Bank aims to commit 700M Pounds to carbon-cutting projects this year. 3.8B Pound capital in Bank. 3.3B Pound private investment with 1.3B Pound Bank investment since late '12. Offshore wind, waste-to-energy, energy efficiency Bank's core interests ... Radioactive waste produced at almost every step in NG extraction fracking process. (OH becoming poster child dumping ground for Marcellus waste.) ... EIA says US oil production up 6Kb/d last week to 8.43Mb/d ... Worldwide revenues from biofuels for road transportation to grow from $166B in '14 to $337B by '22: Navigant Research ... World's top 50+ oil/gas comp revs ~$6T/y ... Battery breakthrough at Tohoku U. (Japan). Lithium borohydride reduces fire hazard of lithium ion batts. Stable at normal atmos pressure, room temp ... Helios Power will not return to burning coal at NY power plant shut down in '12. Filed in April to reopen, burn coal. But now will not ... GE to supply 400Mw for New Generation Power TX wind farm. Construction started in Dec '13. 1.7Mw turbines. Online by end of '15 ... Abengoa completed world's largest single-axis solar plant. 206Mw in Calexico to serve San Diego ... SUNE to install 1.8Mw solar for Cal school district at 9 schools. To save $2M over 20 yrs. Online by yearend ... Skyonic - carbon capture tech - got $12.5M from Conoco, Enbridge to expand biz ... JFE to install 400Kw Ormat geothermal powergen system in Fukushima Japan. (Small geo market to boom in Japan.) ... ScotianWEB got $56M loan to build 8 wind farms in Nova Scotia. 28Mw total. Online by yearend. 20-30Mw more in pipeline ... Health groups urging EPA science panel to endorse tougher ozone limits ... Enviros suing EPA over TX ozone probs ... Feds issued emergency rule to protect sperm whales ... Below normal hurricane season expected: NOAA ... OR county approved GMO ban ... Carnival retooling more ship engines to cut emissions ... EU spinning out 70M Euro/yr climate innovation fund ... US utilities stepping up backing of distributed solar powergen ... Scotland OK'd planning of 104Mw wind farm ... France's AFD to provide 100M Euro to India's IREDA to finance clean/renewable, energy efficiency projects in India ... Pattern Energy got FERC approval for 3Gw TX wind power transmission link to US S East. Online by '19 ... GCL-Poly (China) teaming with 3 comps to develop 4.15Gw of solar in China ... Capital One Bank investing $100M in Solar City's install fund ... Mexico targeting 33% clean/renewable powergen by '18.
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