'14 HOTTEST YEAR ON GLOBAL RECORD .... US Jan temps forecast 7% warmer than last year .... 2/3 chance of success to hold global temp rise to 2*C if future carbon emissions held to 500B tons: IPCC .... China 29% of global emissions. US 16%. EU 11%. China ratified Kyoto in '02, went from 4B tons/yr to now 10B. Developing countries doubled emissions from early '90's, developed countries held steady .... World's cities account for ~70% of global CO2 emissions .... OPEC production est. down ~100Kb/d in Dec. Still 250K above their 30M target .... US natgas prices lowest since '01 at yearend .... NG inventory withdrawal 26BCF last week v. expected 30-34B .... Leaders in Iraq's Basra launched campaign for semi-autonomy like Kurds. Baghdad could end with no control over oil .... Bristol (UK) launching B25 in 100 city fleet cars .... Floods cut Malaysia palm oil biodiesel production up to 20% in Dec. Disruptions expected in Jan .... Baker Commodities to build 20M gal/yr biodiesel plant in Cal ....US now allowing export of more lightly processed condensates .... Santander, Gamesa planning 242Mw wind power project in Mexico. Developing up to 500Mw wind in Mexico next 3 yrs .... Happy New Year, pards.