Tuesday, June 9, 2015
FED APPEALS COURT REJECTED BID TO STOP EPA CLEAN POWER PLAN .... May wettest month in US history .... Record US residential solar installs in 1Q15 .... Solar, wind expected to be 4% of world power mix in '35: IEA. (Not enough.) .... India unlikely to agree to any form of GHG emissions cap. Forget a cut. (There we go. Migrate toward poles or fry.) .... Water subsidies cost world $456B in '12 .... Oman unregulated groundwater pumping depleting aquifers. Channels running dry. Mid-May temps hottest on Earth. 117*F .... Return of seagrass to Tampa Bay. Rare enviro victory .... Montana trickle of oil drilling dried up with price slump .... Russia oil production steady in May at 10.7Mb/d .... Conoco withdrew from shale gas exploration in Poland. $220M invested since '09 on 7 wells .... Iraq's new Basra Heavy crude selling too slowly in Asia .... US rig count down 7 last week, oil rigs down 4 .... Rhino idling majority of Central Appalachia coal ops .... IL coal producers to leave coal in ground rather than sell at current prices .... Price of Australian coking coal down 23% yoy to $86/metric ton on lower China demand. Oversupply seen to '22 .... Feds urging trains to slow down on curves. (Wow. What leadership.)
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