NOTES

Temp in N Hemisphere more than 2*C above normal last week for 1st time. (2*C temp gain scientists think is limit world climate can take.)

Arctic sea ice at record low for time of year.

February globally hottest ever month on record, beating January which beat December.

US electricity industry $370B/yr.

Estimate US to double solar installs in '16 from '15 to over 15Gw.

Total US solar installs now over 25Gw. 2Gw 5 yrs ago.

China to install near 20Gw solar in '16, 14.7% over '15. Beijing may raise '20 solar target to 150Gw from 100Gw.

India solar target 100Gw by '22. To install over 9Gw this year.

Sauds investing over $100B in solar. Target 40Gw by '32 - 20% of powergen.

Dubai wants solar on every roof by '30. 7% of powergen by '20, 25% by '30, 75% by '50.

Kuwait target 15% clean/renewable power by '30.

Global solar installs to reach over 64Gw this year.

And other notes:

Iraq said it will pay $2B owed oil comps by April - BP, Shell, Exxon, Eni, Lukoil biggest recipients. But Baghdad asking comps to trim drilling this year.

2B euro loan from China to Gazprom. Gazprom cutting capex to $17B/yr to '20. $47B in '11.

CNOOC made 1st deepwater natgas discovery in Nwest South China Sea.

Statoil started drilling new offshore Norway field. 3B bls oil equivalent.

Swiss, China partners construction start on 150Kb/d refinery in Iraq. Funds from China Development Bank, Ex-Im Bank of China.

EC OK'd natgas pipeline from Azerbaijan through Greece, Albania to Italy.