Thursday, May 5, 2016

FLORIDA KEYS' CORAL REEFS DISINTEGRATING FASTER THAN THOUGHT


Historic drought in India.

Germany plans to quit coal power "well before" '50.

Norway wealth fund pressing Exxon on climate change transparency.

Malta CO2 emissions from power sector down 27% in '15 v. '14.

Early estimate EU CO2 emissions from power sector were up in '15.

$1.3B to be cut from Australia Renewable Energy Agency.

E10 now in 95% of US gasoline: EIA.

DOE $25M for solar grid integration.

India wind turbine makers added over 3.4Gw wind capacity in FY '15-'16.

Fuel Cell Energy (FCEL) partnering with Exxon on carbon capture tech.

Tesla (TSLA) wants to make .5M vehicles/yr by '18, move up from '20 target. To build 80-90K vehicles this year. They also upgraded batt pack for S Model to 75Kwh from 70K.

JP Morgan non-performing loans up 665% in 1Q to $1.7B, most from oil/gas sector. $21.2B of loans considered problematical.

US crude production down 5.8% over past year. Imports up 20%.

Shell cancelled $4.6B floating LNG terminal contract with S Korea comp.

Pakistan to import LNG from Iran. Iran to overtake Qatar natgas production lead next year.

Tata Power to buy 1.15Gw of Welspun's wind, solar assets and debt for ~$1.45B.

Dynegy plans to shut down at least 1.8Gw of coal power at 2 S Illinois plants.

EFG-Hermes plans to spend 2B Euros on clean/renewable power.

German comp seeking funds for next gen wind turbine tech.

3M made their 1st-ever purchase of clean power from Invenergy 120Mw wind plant in Texas.

Vestas got 178Mw turbine order from Kansas wind power project.






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