Monday, February 2, 2015

EU EXTENDED RUSSIA SANCTIONS TO SEPT IN EMERGENCY MEETING ON 29TH. Feb 9 meeting to discuss new sanctions. (Ruble down 15% since Jan 1.) .... World has entered peak food era. Supply increases of 21 staples beginning to wane .... Obama budget proposes $4B bonus fund for states that can best fed climate goals. Also wants steeper royalty rates for oil/gas drilling on public land, continued tax breaks for wind and solar, $1.29B aid to developing nations to help fight global warming climate change, $239M for EPA climate plans, $7.4B for clean power tech development, $500M for UN's Green Climate Fund .... Obama ordering fed to build infrastructure projects 2 feet higher to protect from climate change flooding, ocean rise .... Canada's premiers to coordinate their climate plans, carbon emissions programs, energy policy .... Rebel govt in E Ukraine allowing private coal mining .... Chevron abandoning shale natgas venture in Poland. Still assessing Romania project. Ukraine ops at impasse with Kiev. Already bailed from Lithuania project .... IFC, Cordiant Capital loaning $7M for rooftop solar in Tanzania. Off-Grid Electric raised ~$35M. Targeting 200K homes .... Libya oil minister says they're exporting 200Kb/d. ~1M bls went to US refiners in Nov .... China's factory sector slipped into contraction in Jan. 1st time in 2 yrs. Record low profits in Dec .... Gazprom Neft reserves up 11.5% in '14 to 2.55B tons oil equivalent. '14 production 66M tons .... 2 comps started building 11Mw solar plant in Japan. Online Sept '16 .... J-Power, partners to build 42Mw geothermal power plant in Japan. Online in '19 .... Siva Power raised $10M more for their low-cost solar manufacturing .... Green Investment Bank launched 50M Pound green waste fund .... Oil price drop could delay peak oil demand up to 5 yrs to '30: Bank of America .... US exported 502Kb/d of oil in Nov, imported net 5.125M: EIA .... 6-10M gal oil from BP Gulf spill settled in sediment of Gulf floor: study .... $90M of natgas - 15BCF - escapes from Boston pipes/yr: Harvard research.

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