Sunday, June 26, 2016

GLOBAL GREEN BOND MARKET LIKELY $1T/YR AFTER '20: CITI


India's NTPC plans $250M green bond.

Axis Bank raised $500B from 1st certified Indian green bond listed on London Exchange.

DONG Energy committed to new 450Mw wind power in N Sea.

Greensmith Energy 63Mw new orders for power storage systems. Should install over 100Mw this year.

Sweden opened test electric road. Overhead power lines for trucks.

Route 66 getting test run of solar road in Missouri.

UK solar industry lost over 1/2 of 35K jobs after subsidy cuts.

Thousand-year flood in W Virginia.

VW's $10.2B settlement for US diesel cheat only compensates owners of 2-liter cars. No 3-liter owners yet. Or fines. Yet.

~500Kb/d new Gulf of Mex production to come online in '16, '17.

New oil/gas find in Angola. Up to 813M BOE, 2.8TCF natgas.

India comp discovered 8TCF shale natgas under coal-bed methane reserves in W Bengal. 20-25% recoverable.

German Parliament voted to divest fossil fuels.

UAE withdrawing all active combat troops from Yemen. Been guarding Aden.

Iraq forces now in control of all of Fallujah.

Al-Shabab attack in Somalia.

Venezuela facing imminent famine.

$300B more global negative-yield bonds.

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