Monday, December 15, 2014

198 COUNTRIES COMMITTED TO REDUCING GHG EMISSIONS AT LIMA UN MEET. Scientists say it falls short of what's needed .... Global CO2 emissions projected 2.5% higher in '14 v. '13. 37B tons. Future emissions shouldn't exceed 1.2T tons to keep Earth temp rise to 2*C. At current rate, it will take less than 1 generation of us to get there .... Americans ignorant of health impacts of global warming: Yale study .... World coal use to hit record 9B tons by '19: IEA .... Australia emissions can climb 26%, still meet Kyoto pledge .... Marathon Oil significant oil/gas discovery in Kurdistan. Total has 35% stake, Kurds 25% .... Serinus Energy NG discovery in Romania .... 1st NG delivered from BG Group offshore Trinidad .... Indonesia comp to build 213 new LNG import terminals by '18. Saud, Thai, Japan comps, CNOOC partnering .... Fuel Cell Energy (FCEL) experimental fuel cell system captures CO2 .... US admin $140M for 2 more new manufacturing innovation institutes .... US oil rig count down 29 last week to 1,546 .... N Dakota 4Kb/d drop in production to 1.18Mb/d in Oct from Sept. New well completions down to 134 from 193. Bakken oil selling for near $40/bl at wellhead .... New US drilling permits down 40% in Nov: Reuters .... Up to 40% of energy junk bonds at risk of default if prices stay low. Could trigger financial market meltdown .... Brits setting up large training base for Kurds, Iraqis. China offering to help Iraq defeat IS but won't join coalition .... Libya's national oil comp closed 2 of largest oil export terminals. 300Kb/d capacity. Islamists were attacking, driven back by Petrol Protection Force, Libya AF .... November global temps below avg.

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