Friday, May 22, 2015
OVER 2K INTL COMPS CALLING FOR PRICE ON CO2, GLOBAL CLIMATE DEAL THAT LEADS TO NET-ZERO EMISSIONS. 2-day Paris summit .... Clean Power Plan would raise el prices 4.9% above current trajectory by '20: EIA. (That's not much, folks, for less global warming, cleaner air. Right?) .... Saud oil minister: fossil fuels could become unnecessary by mid-century .... Subsidies for fossil fuels should end: former BP chief. (Is that you, Tony "I just want my life back"?) .... China's coal use down ~8% so far this year, emissions down 5% .... Beijing to quit coal use by '17 .... Murray Coal to lay off 1,800 .... Over 220 institutions now committed to divest fossil fuels since '12 .... AXA to divest E500M of coal assets, made E3B "green" pledge .... Over 44K folks planted over 647K trees of over 200 species in 150 locations in Ecuador in 1 day .... Bakken drilling costs running $29-77/bl .... 500Kb/d of new oil production to come online globally in '22 instead of '20 because of capex cuts .... OPEC could capture up to 2Mb/d more of global market share next 5 yrs from scaleback of non-OPEC producers .... By summer '16, Eagle Ford production costs to be $10-15 less than peak. Oil field service comps charging less .... US school districts switching to propane from diesel for buses. Stricter emissions rules coming .... Cal growers will give up 1/4 of their water use if Cal promises not to make further cutbacks .... El Power Assoc pulled out of deal with Mississippi Power to share cost of $6.2B "clean coal" plant. Its power will be too costly .... Turkey planning to double coal power capacity .... Kenya awarded 2nd-ever coal mining license to China consortium .... S Dakota to teach students climate science under Natl Research Council standards .... US crude inventory down 2.7M bls last week .... Tech, fundamentals indicating WTI drop below $50 inevitable .... Shell plans 2 new Arctic wells .... Southern Power bought 103Mw solar project from Community Energy in GA. Online 4Q16. First Solar (FSLR) to supply, build, op. Sept construction start .... Envision Solar (EVSI) completed 2nd deploy of Solar Trees for US nationwide department store .... Enel to develop 5Gw clean/renewable power in Africa .... NASA found galaxy as bright as 300T suns .... WalMart asking suppliers to curb antibiotic use.
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