• UK Energy Bosses Want Government To Force Up Electricity Prices To Make Nuclear Competitive

    • Date: 14/11/10

    The problem at the moment is that the electricity price generated by cheap coal and gas is near to £50 per megawatt-hour. It needs to be more like £60 to break even or £80 to be attractive for companies to make the effort to start building expensive, low-carbon nuclear plants. In interviews with The Sunday […]

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  • $1.1 Billion Wasted On Solar Subsidies

    • Date: 11/11/10

    MORE than $1 billion of taxpayers’ money was wasted on subsidies for household solar roof panels that favoured the rich and did little to reduce Australia’s greenhouse gas emissions, a scathing review has found. The review of the now scrapped federal government solar rebate scheme, conducted by ANU researchers Andrew Macintosh and Deb Wilkinson, also […]

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  • Inconvenient Truths About Electric Cars

    • Date: 11/11/10

    Tesla is sort of like hip-hop superstar of the auto world — it’s blowing through money like it could be dead tomorrow. The company had plenty of promising news so far this year. In May it announced that Toyota invested in it and contracting it to help produce Toyota’s upcoming electric RAV4 crossover SUV. The […]

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  • ‘Golden Age Of Gas’ Threatens Investment In Renewables Sector, IEA Warns

    • Date: 09/11/10

    A global gas glut which could last a decade will act as a “major barrier” to the development of renewable energy, cleaner coal plants and nuclear power, according to the International Energy Agency (IEA). “The golden age of gas” will lead to cheaper gas prices for consumers, particularly in Europe. But the IEA added that […]

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  • High Cost of Green Power Makes Projects Tougher Sell

    • Date: 09/11/10

    Michael Polsky’s wind farm company was doing so well in 2008 that banks were happy to lend millions for his effort to light up America with clean electricity. But two years later, Mr. Polsky has a product he is hard-pressed to sell. His company, Invenergy, had a contract to sell power to a utility in […]

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  • India Calls For Global Energy Hunt

    • Date: 08/11/10

    Premier Manmohan Singh told India’s energy firms on Monday to scour the globe for fuel supplies as he warned the country’s demand for fossil fuels was set to soar 40 percent over the next decade. The country of more than 1.1 billion people already imports nearly 80 percent of its crude oil to fuel an […]

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  • Obama’s Top Advisers Warn Against Green Subsidies

    • Date: 06/11/10

    President Obama’s top advisers recommended cutting off funding for a federal loan-guarantee program meant to spur the construction of wind and solar farms and other alternative energy projects, saying taxpayer dollars might be better spent elsewhere. But the advisers, including Mr. Obama’s outgoing National Economic Council Director Lawrence Summers, energy policy czar Carol Browner and […]

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  • Green Angst About Green Subsidies

    • Date: 02/11/10

    Two new power stations that use a fuel critics say contributes to the destruction of rainforest in south-east Asia may be built in the UK through subsidies added to customer bills. The two plants in the south of England would run on palm oil, which in many cases is sourced from plantations sited on cleared […]

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