Monday, March 16, 2015

GLOBAL CO2 EMISSIONS STABLE IN '14 WITH 3% GLOBAL ECON GROWTH. 32.3B metric tons. 1st time in 40 yrs .... Washington State declared drought emergency in 3 regions .... EU likely to impose further sanctions on Chinese solar .... Senate Dems calling for GOP "day of reckoning" on global warming climate change .... 1st wild Galapagos tortoise births in 100 yrs .... Sea lion pups washing up on Cal beaches .... Boston winter snowfall record .... Australia to ban dredge dumping on Great Barrier Reef .... Uber going to EVs .... Europe carbon trading would gain $1.1B from wood-burning power plants .... Sweden, Norway boosting clean power target. 2Twh/yr more to 28.4Twh by '20 from '12 level. Goes in effect Jan 1 with lawmakers' approvals .... India made sharp cuts to energy, climate budgets .... 9 pending enviro cases in Cal Supreme Court .... China vowing tougher regs on air pollution. They're also moving their major polluting industries out of country .... Solar City (SCTY) to build independent microgrids for cities, rural towns, campuses, military bases. US Bank, ORIX tax cred syndication finance .... Brazilians calling for president to leave over bribery scandal at Petrobras .... Seattle residents roiling over Shell port lease for Arctic drilling .... DOT proposed sweeping rewrite of oil pipeline safety rules .... Cal increased proposed penalty to $1.6B for natgas pipe explosion .... Defective rail tanker valves leaked oil for yrs .... Queensland to ban uranium mining .... 71M bl storage cap at Cushing OK. More storage in construction. If filled at current rate, near 4 months before full. Refiners will pick up 1Mb/d after maintenance, fuel switch, strike settled .... (Shouldn't US be adding oil to Strategic Petrol Reserve at these prices?) .... Across US, crude inventories at 60% of cap: EIA. Total cap (sans SPR) 521M bls. 320M now in storage. Oil producers could add 1M bls/week to storage for almost 4 yrs before full .... World oil demand up 1.1Mb/d in Feb. Production flattened out. Surplus fell to .56Mb/d .... US oil production to peak 2Q, 180Kb/d drop in 3Q: EIA .... Avg fuel econ of US vehicle fleet recently declined with SUV, pickup buying. Seasonal gas demand highest in 4 yrs .... Record Dec US vehicle miles travelled .... Glut of LNG cap. Prices far below extraction, shipping cost .... '11-'14, inflation-adjusted price of Australia coal down 41%. Rubber down 58%. Iron ore down 59% .... US inflation-adjusted wages since '07 flat to down 6% by education level. (Raise pay, people. Raise wages.) .... GE delivering 2.6Gw of turbines to Egypt. 34 aeroderivative gas turbines, 12 heavy-duty gas turbines .... GE Capital selling Australia/New Zealand unit for over $6B .... Dyson bought US batt producer for $15M. 2x energy density of lith-ion batts, longer life, safer .... JA Solar (JASO) supplying 35Mw more for Guatemala plant. 60Mw in '14. Largest farm in Central Am when done. JASO to ship 3.6-4Gw in '15 .... Siemens order for 45Mw of 3Mw turbines for onshore Belgium farm. $74M (new price point? Or just local shipping?). Online by Nov. Farm may reach 150Mw .... Renewables Infrastructure (UK) raising money for clean power. Raised $444M in '13 .... Scatec Solar (Norway) to build 50Mw plant in Egypt. Plans for 150-200Mw next 2-3 yrs, over $300M. Egypt plans to support 4.3Gw solar, wind by '18 for 20% clean powgen by '20. 12% now .... JFE finished 26Mw solar in Japan for health foods comp .... China 3 Gorges investing 500M Euro in EDP's Portugal, Brazil projects .... Fortum selling Swede power distrib biz for 6.6B Euro .... Food Biz School spinoff from CIA to overhaul food industry sustainability/energy profile .... Amtrak overpayed BNSF $9M for track usage over 4 yrs. Amtrak settled for $1.4M. (Come on, Warren. Play nice.) .... Obama plan to track fish from boat to final buyer .... DOJ to appeal ruling that reduced BP max fine for Gulf spill .... Shell pulling back from developing S Africa shale.

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