TUESDAY CLOSE .... Market down 21/3/flat. Volume still light. (It's summer. Go on vacation.) ... Europe inflation slowing ... Bond yields lowest since Napoleon .... World Bank approved 1st Russian investment since Ukraine crisis. (Will Putin pay $90B for Crimea?) ... US to bolster military in Europe ... Investment dearth in Europe power supply putting system at risk ... Higher pay building consumer demand in China. (Duh.) ... (stock #s in %) NFEC up 49 on news, volume, landed above top line (top 200-day). CRCL up 47. AMEL up 34, AMLM down 12. (These guys pretty much roll together in valuation.). ACFN up 24 on volume, news. Huge punch out. DSTI up 29. Zoom up over bottom lines (50-days). QTMM up 32, new high, up near 4x since mid-May on volume. XIDE up 25 on volume. CCTC up 20. LYSDY up 17. EWRL up 14. BLQN up 11. ZAAP up 10 on no volume. AMBT up 9 on volume, climbing out since early May, now over bottom lines (50s) .... ONYX down 90 on 150 shares. GERS down 30. PWDY down 29, new low on volume. NORX down 27 on volume. ASPW down 20. MDDD down 14, new low. ZNNMF down 12. SSOL, HYGS down 10. SCTY down 4. Happy trails, pards. Onward and upward.

TO COST $7.3-8.8B/YEAR to implement proposed EPA CO2 rule. FInal rule next June. EPA head expects "significant" revisions. Also, 30% not a target, it's est. of what can be achieved. Energy efficiency at power plants some "low-hanging fruit". States get another year after final rule to submit compliance plans or apply for extension. They can opt for adding clean energy, carbon tax, cap-and-trade, energy efficiency, others. 491 coal plants. States will have to drop CO2 emissions from existing power plants 25% from '05 levels by '20, another 5% by '30. EPA est. coal will be 30% of US power mix by '30. ~39% now ... Global energy industry needs $48T of investment through '35: IEA. $2.5T/year. $8T on efficiency ... IEA predicts $6T global investment in clean power next 20 yrs. $23T on fossil fuel power. (That's an uncaring world for children, grandchildren.) ... China announced plan to cap carbon emissions ... Revamping Europe's energy systems can cut annual spending E81B ... Baryonyx abandoned plans for TX's first offshore wind project. Concerns over migrating birds ... German solar installs in April - 163Mw - down 52% from last April ... Sun Edison (SUNE) partnering with Huantai Group for 1.7Gw China solar buildout next 5 yrs ... World Bank awarded $203M for Ethiopia geothermal power project ... Joule Africa (UK) to build 100Mw solar plant in Cameroon ... First Solar (FSLR) buying skytron-energy. Solar ops, maintenance, data monitoring services ... Upower (FL) got Honduras OK for 100Mw of solar PPAs ... Sunflower (Israel) bought licenses (E5M) for up to 100Mw of wind farms in Finland ... 67% of Americans say "solid evidence Earth is warming": Pew. 54% say "effects of global warming already begun": Gallup. 11% say "global warming doesn't exist": CBS News poll. 73% say "global warming is happening": Stanford. 80% of Democrats have high trust in scientists. 63% of Independents. 46% of Republicans. Stanford. 85% of S Koreans say "global climate change major threat": Pew. 76% in Brazil. 72% in Japan. US Democrats 65%. Spain 64%. Germany 56%. Canada 54%. US Republicans 25% ... Businesses increasingly planning for "water risk" amid more competition for dwindling fresh water sources ... Australia set 2-year temp record. Their govt "needs wake-up call": Jane Goodall ... BOEM issued 1st lease to get power from ocean currents offshore FL ... Wholesale el price caps went up in TX ... A-gas (UK) selling CO2 refrigerant from CO2 collection in sugarbeet ethanol production ... O, by the way, Gazprom extended Ukraine NG payment deadline 6 days to the 9th after Kiev wired $786M partial payment. $3.5B owed. Ukraine pushing for return to discounted price - $268/KCM. Now $485 ... US LNG export developers will be required to get enviro approval from FERC before DOE issues approval. Takes up to $100M for FERC approval process. DOE permit ~$20K. 45-day comment period on rule ... Tata Power developing 134Mw, 95Mw wind projects in S Africa with JV. Online in '17. Tata also developing 126Mw hydropower project in Bhutan, 185Mw hydro project in Georgia ... Global sales of hybrids, EVs to triple to $179B by '24: ID TechEx. Onward and upward, pards. Gates/Clooney in '16. Happy trailers. Do good.

TUESDAY OPEN ... Market down 44/8/3. Volume light. WTI over $102, Brent over $108. Syrians voting ... (stock #s in %) NFEC up 41, back through all lines on volume. AMLM up 22, day 5 of surge from bottom lines to over top lines. QTMM up 17. up near 4x since early May, another new high. LYSDY, BLQN up 17. LMRMF up 16. WTWO up 12. ZAAP up 10 off top bottom line (200-day). AMBT up 10, surge since late May over bottom lines (50-days) .... POLR down 37. ASPW down 25 on news. WSGP down 21. CBEH down 18 on news. EVSI down 16. PWDY down 13. PSON down 12. AEIS down 10 on downgrade, back to bottom.

MONDAY CLOSE ... Market up 26/(5)/1 after US factory data corrected. Volume light. WTI over $102, Brent over $108. Crimea econ sliding downhill. Russia giving Ukraine leeway on NG payments ... (stock #s in %) CSKH up 900. No kidding. POLR up 51. ASPW up 33 on news. QTMM up 33, new high on volume. JUHL, CABN up 30. BFRE up 17. AMEL up 16. DSTI up 13. KIOR up 12. WSGP up 10 .... BLQN down 29. BHWX down 28. EVSI down 16. EWRL down 15. ZNNMF down 13. ECAU down 12 after reporting. ABAT down 11. UBRG down 10, new low on volume. USEI down 10 after reporting. ZAAP down 10. ACFN down 3, new low on volume.

EPA WANTS 30% CUT BY '30 from '05 levels of GHG emissions. Coal power plant emissions in spotlight. Proposal gives local, state officials wide leeway in how to get there. Yearlong comment, review now. GHG emissions already cut 10% from '05. EPA projects net climate, health benefits of $48-82B in '30. Chamber of Commerce projects rule would cost economy $50B/yr. (Let's figure out reality, pards. And what we want to leave our kids and grandkids besides political crap stance.) ... NYC implementing programs to protect water supply from storms ... $10B Canary Islands oil/gas project got Spain's OK ... OPEC crude production up est. 75Kb/d in May to near 30Mb/d. They must increase production another 700Kb/d in 2H14 or world will see higher prices: IEA ... Kurds need to export 400-500Kb/d to keep their govt afloat without Baghdad. Turkey cooperating with Kurds ... Libya militia stole weapons US had provided to train special forces. LIbya AF bombing Benghazi militia bases ... China oil demand up 1.4% in April to 9.75Mb/d ... China this year to phase out ~6M vehicles registered before '05. Next year another 5M. Gas stations in major cities told to sell only cleanest grades fuel. Expecting that to make refineries produce them ... Avg. cost over $130M for drilled well offshore Australia. Over 2/3 fall in that drilling since '03 ... US crude imports from Mexico down 47% in '13 to 850Kb/d. US exported 527Kb/d petrol products to Mex in '13 ... Ecuador to sign $7B deal with China to finance new $10B 200Kb/d oil refinery ... Up to 24B bls oil/gas reserves left in N Sea: Scotland official. Production to increase 14% '13 to '18 ... Russian NG exports to East, West Europe avg. 15.6BCF/d in '13. Up 16% v. '12. Increase mostly from exports to Italy, Germany, UK - up 20% to 12.3BCF/d ... US NG exports to Mexico avg. 1.8BCF/d in '13. Projected 3.8BCF/d by '18 ... US NG demand could increase 3-10BCF/d by '20 from new EPA carbon standards, power plant regs ... Iberdrola to buy LNG from Cheneire's planned TX export terminal projected to open in '19 ... Croatia comp about to bring $6K carbon-fiber E bike controlled by smart phone to market. 250-volt, 500-volt motors for 15-30mph. 3-hour recharge. Crowd funding to raise $250K to get to market ... VW to enter US EV market with e-Golf this fall ... All 165K of Houston streetlights to be converted to LEDs over next 5 yrs ... EDF Canada, Enbridge commissioned 300Mw wind farm in Alberta. Vestas 1.8Mw turbines. C$600M ... DTE Energy buying 75Mw wind farm from NextEra Energy subsid ... SPWR connected 2 solar farms - 33Mw total - to S Africa grid ... Vestas to supply 53Mw wind turbines for 1st wind farm in Guatemala ... Tata completed 25Mw solar farm in India. $42M. (Darn good price.) ... Conscience-based investing up 5x since '07: report ... Studies link aircraft emissions to health woes near airports ... KY cut 1/3 of jobs at coal mine safety agency ... Global PV solar installs 38Gw in '13 ... Soitec OK'd to sell 40% stake in 44Mw S Africa CPV solar project to state pension fund ... Abengoa Yield to launch $600M IPO ... Renova Energia to bid for 243Mw wind power in Brazil auction this week ... India solar duties will set back their PV market 2 yrs: analyst. Up to 1Gw of existing projects may be scrapped ... Australia comp planning 60Mw Ohio wind farm with Nordex turbines ... Suzlon lost "only" $102M in F4Q13 ... Russia to invest up to $147M in solar in Altai region by '18.

MONDAY OPEN ... Market down 17/19/4. Volume light. US manufacturing expanded less than forecast. China manufacturing at 5-month high. S&P volume at 6-yr low. Spain king abdicates for next generation ... (stock #s in %) CSOL up 57. CRCL up 47. CABN up 30. BFRE up 21. XSNX up 12. WSGP up 10. QTMM up 9, new high .... GERS down 16. LEOM, PWDY, UBRG down 15. ACFN down 4, new low.

NEW US CARBON POLLUTION STANDARDS can save American businesses, households over $37B/yr on electric bills, create 274K jobs: NRDC. (Plus reduce health costs.) ... China announced new target to reduce HFC emissions by equivalent of 280M tons of CO2 by '15 ... Abengoa to build $112M desalination plant in Morocco. Enough water for 800K folks ... Europe's fuel cells market est. to reach $613M by '18 ... Fuel cells offer avg. 400% more energy density than batteries ... Caracas taps running dry, water bottles vanishing ... US total natgas imports 1.3TCF in '13, lowest level since '89 ... Eni found NG in their block in Mozambique. Est. 85TCF. 180TCF total discovered so far by all in Rovuma Basin ... Eni, Kogas (Korea) to begin exploration offshore Cyprus. Cyprus proven reserves 6TCF, expects to find 5TCF more ... NG discoveries in Tanzania 45TCF so far. Govt formed state oil/gas comp. But latest bidding netted only 5 bids for 4 of 8 oil/gas blocks up for auction ... Nova Scotia putting 4 deepwater parcels up for oil/gas auction ... Egypt extended by 2 months auction of near 2 dozen oil/gas exploration licenses ... US auctioned off over 100K acres across S Utah. BLM pulled in $2.8M.