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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