• Wall Street Sours on $9 Billion Mechanism for Green Projects

    • Date: 11/07/17
    • Bloomberg

    Wall Street investors have gone cold on one of the main mechanisms banks invented to fund the green-energy revolution. The business structure, known as the yieldco, feeds dividends from operating solar and wind farms to investors. Yieldcos raised $7.9 billion in public equity in 2014 and 2015 but only $1 billion since then, according to […]

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  • The US Is Exporting More Than One Million Barrels Of Crude Oil A Day For The First Time Ever

    • Date: 08/07/17
    • Quartz

    At least one kind of free trade is working out for the US—since the country ended a ban that blocked exports of crude oil to most countries, global sales have popped despite low prices. In May of this year, the US exported more than one million barrels of crude oil every day, which is a […]

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  • Government of Saskatchewan Responds To GWPF Report On CCS

    • Date: 07/07/17
    • D.C. Fraser, Regina Leader-Post

    A new report from a U.K.-based think tank is taking aim at the use of carbon capture and sequestration (CCS), including how it is being used in Saskatchewan. Gordon Hughes, a former advisor to the World Bank and economics professor at the University of Edinburgh, wrote in a Global Warming Policy Foundation (GWPF) report that […]

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  • Costliest Gas in World Clouds China’s Energy & Climate Plans

    • Date: 05/07/17
    • Bloomberg News

    China has promised to make its skies blue again, but having some of the world’s most-expensive natural gas isn’t helping. The biggest energy consumer on earth wants to use more of the cleaner-burning fuel in place of the coal that’s choking its skies and causing pollution far exceeding the World Health Organization’s daily recommended limit. China […]

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  • Reality Check: 80% Of U.S. Energy Consumption Provided By Coal, Gas & Petrol

    • Date: 03/07/17
    • U.S. Energy Information Administration

    While coal consumption has declined, petroleum and gas consumption is rising US energy shares over last 70 years: Except for natural gas and coal changing places, not much has really changed. Renewable share back to 1947 level Fossil fuels have provided more than 80% of total U.S. energy consumption for more than 100 years. Since […]

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  • Forget Paris: 1600 New Coal Power Plants Built Around The World

    • Date: 02/07/17
    • The New York Times

    1,600 new coal-fired power plants are planned or under construction in 62 countries. When China halted plans for more than 100 new coal-fired power plants this year, even as President Trump vowed to “bring back coal” in America, the contrast seemed to confirm Beijing’s new role as a leader in the fight against climate change. But new data […]

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  • Another Blow To CCS: Power Companies Bow Out Of Europe’s Biggest CCS Project

    • Date: 01/07/17
    • Renew Economy

    European power giants Engie and Uniper have withdrawn from a test project to capture and store carbon dioxide generated by one of several major new coal plants in the Netherlands, dealing yet another blow to the prospects of “clean coal” technology, in which the Australian government and fossil fuel lobbyists still hold much stock. Reuters […]

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  • Carbon Capture And Storage Technology Remains A ‘Utopian Dream’ Claims New Report

    • Date: 28/06/17
    • Kirsteen Paterson, The National

    Carbon capture and storage (CCS) is too expensive and will “never be viable”, a former World Bank advisor claims. Economics professor Gordon Hughes, of Edinburgh University, says the anti-climate change measure is “little more than a utopian dream”. The claims are made in a report for the Global Warming Policy Foundation think tank, set up […]

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