Monday, April 25, 2016
INDIA TARGET 48GW SOLAR BY MARCH '19
World Bank new plan for 30Gw clean/renewable power.
China transfer from coal to natgas powergen well underway. Plans for 3 more LNG terminals.
Indonesia got $327M clean/ren power investment in 1Q16.
Iberdrola raised E1B of green bonds.
$1B of green bonds soon from India.
Mumbai to get electric buses.
Global push growing for carbon tax. Some arguing for upping gasoline tax.
New Amazon hydrodam halted over concern for indigenous people.
Vibrant coral reef discovered near Amazon mouth.
Siberia's permafrost melt runoff speeding Arctic acidification.
Smog reduces plant diversity: study.
Nissan EV fleet sales up 45% in Europe in '15.
Washington State upped EV subsidies.
Chernobyl residue in Belarus milk.
New funding to protect African forest.
NY governor rejected new natgas pipeline meant to service fracking.
US oil rig count down 7 last week. Natgas rigs down 1.
Total oil industry debt ~$3T. At least $1T /yr being spent on unprofitable projects. 2/3 of world's 400 largest oil projects unprofitable under $70 oil: Goldman Sachs.
Iran says they'll reach 4Mb/d oil production by June, saying production was 3.5M in March. Still looking for tankers to ship it. Iran econ to grow est. 4% this year: IMF. Still owed ~E6.5B from countries who bought oil even though Iran couldn't get paid while under sanctions. Iran wants Swede tech for power sector.
Syria rebs no longer attending peace talks. Fighting has resumed in most areas. US sending 250 more special forces troops.
Officials of N Iraq oil comp arrested on corruption charges.
US has moved artillery within range of ISIS defenses of Mosul.
UK may soon deploy troops to Libya to support new unity govt.
Saud govt employs ~2/3 of Saudis in jobs. 80% working for private comps are foreigners.
Venezuela inflation forecast to reach 500% this year. Low water level could shutdown hydropower dam supplying 65% of country's el. 6 feet more to go in reservoir.
China to build floating nuke power stations.
Dubai comp to crowd source for solar in Africa.
Statoil, E.ON partnering on E1.2B offshore wind project.
N Ireland OK'd 46Mw solar park.
GE 1Q16 clean/ren energy sales up 62% on offshore wind.
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