World on course to see global temps rise to dangerous levels: BP CEO. Wants govts to do more to encourage shift to lower-carbon fuels.
500M folks worldwide experience extreme water scarcity year-round. Up to 4B - including 2B in China, India - experience it at least 1 month/year.
Persistent peril for humans from urban coal, diesel soot in China, indoor smoke in India.
ISIS used mustard gas in Iraq: diplomat.
EU calling on Turkey to halt military action in Syria.
Bundesbank cut German inflation forecasts due to oil prices.
Iran heavy crude going to Europe for $6.40 below Brent avg., beating Arab prices by up to 40 cents/bl. (Iran denies.)
UAE offering India free oil to ease storage problem.
Venezuela inflation expected to hit 720% this year. They also created new military division with permission to take control of oil production assets.
Kuwait plans 150Kb/d increase of oil production this year. 3Mb/d now.
US oil rig count down 28 last week. NG rig count down 2.
US shale oil production to double to over 8Mb/d next 20 yrs: BP outlook.
Enel Green $3.4M investment to build 1.7Mw solar power in Chile. Online in 2H16.
Comp investing $11.1M for 7.3Mw solar project in Chile.
Ostro Energy $177M finance from IFC for 2 wind farms in India. 197Mw total. Total cost ~$246M. Suzlon turbine, etc. deal.
Minnesota to move ahead with clean power plan despite Supreme Court decision.
Minnesota PUC rejected Minnesota Power proposal to cut rates for industry while raising them for residential, other business customers.
2.2Mw solar project in Illinois. Online early July.
Renovate America closed $217M green bond issue.
Alberta C$5.5M for new solar programs.
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