Monday, July 20, 2015

WHITE HOUSE CUT ESTIMATED US GDP GROWTH FROM 3% TO 2% FOR '15 .... $11T info/com tech (ICT) boom could cut global GHG emissions 20% .... Germany tripled offshore wind powgen cap in 1H15 .... Green product sales up avg. 91% '10-'13 for GE, Dow, others .... Russia GDP down 4.8% in June v. '14 .... Weak ruble insulating Russia from low oil prices .... Russia to spend $800M to bring el to Crimea directly from Russia .... Russia investigating legality of independent Baltic states .... Judge rejected Okla bid to block EPA power plant rule .... US crude inventories 100M bls more than normal for time of year .... Sauds attempting to pull Hamas away from Iran .... Greeks now allowed to withdraw 420 Euro once/wk v. 60/d. No money can be transferred out of country. New value-added taxes on food, public transport, funerals. (There ya go, Greece, hit the poor harder.) .... India planning uranium strategic reserve. Storage up to 33M pounds. India U production now 2.75M lbs/yr. Kazakhstan, Australia, Canada may help supply .... IRS proposing new MLP regime .... US nuke industry arguing for another 20-yr extension regime to 80-year plant life .... Shell expects oil price recovery to take 5 yrs .... Enel Green to start on 100Mw wind project in Mexico. $220M .... Iberdrola near start of building 204Mw wind farm in NC. $600M. Light, variable winds near shore .... Kandi (KNDI) to launch in Luzhou.

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