Monday, December 12, 2016
WORLD'S RICHEST FOLKS BACKING GATES' $1B CLEAN ENERGY DEVELOPMENT FUND
Investment funds worth over $5T divesting fossil fuels investments.
Trump pledging "open mind" on environment.
India tendering 1Gw rooftop solar this month.
Kenya, World Bank talking $150M solar/wind off-grid power project.
French smart meter rollout backed by E1.43B loan.
Global home energy management devices revenues to hit $7.8B by '25: Navigant.
Fukushima radiation now hitting US coast. Fukushima disaster costs near $200B so far.
"Very unlikely" Great Barrier Reef to survive bleaching: study.
Scientists struggling to understand rapid rise in methane emissions.
Vestas 562Mw wind turbine orders so far December. 4 orders.
Apple partnering with Goldwind for 4 China wind power projects.
EVs 6% of BMW, Ford November car sales.
Michigan legalized sales of self-driving cars.
Canadian Solar's Brazil module plant online.
Sunpower sold majority interests in 2 California projects totaling 123Mw.
US oil rig count up 21 last week, natgas rigs up 6.
558Kb/d non-OPEC production cut deal over weekend.
Oil/gas drilling costs down ~1/2 from recent peak. Deepwater drilling may be as low as $50/bl.
China oil imports est. to grow 5-9% in '17: Bloomberg. 11-14% in '16.
Qatar, Glenmore paying $11.3B for 19.5% stake in Rosneft. BP owns 19.75%. Moscow owns rest.
Congo plans to increase oil production to 300Kb/d in '18 from 250K now.
Global coal demand will "stall" over next 5 years: IEA.
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