Monday, September 8, 2014
WORLD ON COURSE TO OVERSHOOT UN CARBON TARGET: report ... Yale endowment fund asking companies about financial risks of climate change. Looking to avoid investing in those not taking sensible steps to reduce GHG emissions ... First Solar (FSLR), Next Era Energy started construction on $1B 250Mw plant in Nevada. Online in '16 ... Anheuser-Busch switching truck fleet to natgas. (Will Clydesdales switch to organic sustainable hay?) ... Proposed EPA power plant emissions rule won't help carbon capture tech development: MIT researchers ... Sharp selling US solar unit Recurrent Energy. Installed over 300Mw in '13. Over 4.3Gw in development ... Shell CEO says company's returns too low. No longer sufficient crude production or lucrative prospects. Only solution may be to shrink comp ... US natgas inventories still ~15% below 5-year avg. for time of year ... Foreign workers returning to Kurd oil fields ... Very little oil coming out of Libya. Egyptians report some 1,600 armed groups in Libya. (I really hope nutjob terrorists don't get their hands on the oil production bucks.) ... IAEA getting little cooperation in efforts to get at heart of Iran's alleged efforts to build nuke weapons. Iran developing new centrifuges ... Iran's oil minister: the sanctions are crude, illegal; we will keep circumventing them ... Half of Egypt's grid went down last week. Rolling blackouts continue. Fuel shortages. Would take $12B, 5 years to eliminate rolling blackouts ... ISIS-affiliated insurgents in Sinai ... Keystone XL issues now in Nebraska Supreme Court ... Glasspoint Solar - solar equipment for enhanced oil recovery - got $53M finance led by Shell, Oman sovereign fund. To accelerate development of solar-steam generators in Oman. Process costs less than half of natgas systems ... Scot independence "yes" vote may halt work on $23B of clean power investment until questions of subsidies, etc. answered ... NTR seeking equity partners for 150M Euro investment in Europe wind power ... Vestas got 200Mw US turbine order ... Canberra auction for wind power got 1Gw of bids ... Xcel Energy in talks for large-scale solar projects in Minnesota ... Fulcrum got $105M loan guarantee for biojetfuel plant.
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