• French Reactor Outages Drive Coal Boom Across Europe

    • Date: 21/10/16
    • Oleg Vukmanovic and Susanna Twidale, Reuters

    France’s stricken nuclear power sector has become a key driver of European power prices, fuelling gains across markets and pushing coal back into the limelight as winter nears. Data shows France burned more coal, oil and gas in September than at any time since 1984 while utilities in Germany continue to lean heavily on coal-fired electricity […]

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  • Former Greenpeace Leader Goes All Out For Fracking

    • Date: 21/10/16
    • Valerie Richardson, The Washington Times

    A former Greenpeace leader butted heads Tuesday with the anti-fracking movement by insisting that hydraulic fracturing is needed to help fight global warming. Stephen Tindale, who was executive director of Greenpeace U.K. from 2000 to 2005, said that fracking, used to extract natural gas and oil from underground rock, helps combat greenhouse-gas emissions by reducing reliance on coal. “[T]oday […]

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  • Energy Analysts Dismiss ‘Carbon Bubble’ Warning

    • Date: 19/10/16
    • Ed Crooks, Financial Times

    Oil and gas companies are valued largely on reserves that will be produced over the next 15 years, meaning that their investors are not vulnerable to longer-term changes in energy markets, a leading industry adviser has said. Daniel Yergin of IHS Markit rejected warnings of a “carbon bubble” that could destabilise financial markets as policies to combat […]

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  • OPEC Deal Triggers Rise In US Shale OIl Output

    • Date: 15/10/16
    • Matt Smith, The Motley Fool

    The optimistic outlook for crude created by OPEC’s historic agreement to cut oil production continues to ebb and flow because of contradictory indicators as to the state of global oil markets. Not only are there rumours that the deal may not unfold as presented, but recent data from the U.S. indicates that the supply glut […]

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  • Green Nightmare: War On Coal Can’t Stop Fuel’s Enduring Demand

    • Date: 13/10/16
    • Ladka Mortkowitz Bauerova and Mathew Carr, Bloomberg

    You know the war on coal isn’t working when it’s up more than 50 percent this year. “The strength in coal is amazing,” said Trevor Sikorski, an analyst at Energy Aspects Ltd. in London. Prices in Europe and Asia have rebounded from a half-decade of declines after China cut domestic production so much that local consumers had to step […]

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  • Fracking Superpower: USA To Double the Shale Gas It Sends Overseas

    • Date: 13/10/16
    • Naureen Malik, Bloomberg

    The U.S. is set to double the volume of shale natural gas it’s sending abroad. Cheniere Energy Inc., which became the nation’s first and only exporter of shale gas in February, was cleared by U.S. regulators on Wednesday to start loading tankers with liquefied natural gas from a second plant at its landmark Sabine Pass […]

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  • Green Energy Investment Slumps In Worst Quarter Since 2013

    • Date: 10/10/16
    • Chris Martin, Bloomberg

    Global investment in clean energy fell to the lowest in more than three years as demand for new renewable energy sources slumped in China, Japan and Europe. Source: Bloomberg New Energy Finance. Note: In this chart, asset finance is adjusted for re-invested equity. Third-quarter spending was $42.4 billion, down 43 percent from the same period […]

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  • Wind Farms Undermine Energy Security, Says Australian Prime Minister

    • Date: 08/10/16
    • Andrew Follett, The Daily Caller

    Wind turbines are wrecking Australia’s power grid and undermining its energy security, the country’s prime minister told state energy officials Friday. Prime Minister Malcolm Turnbull blamed South Australia’s state government for putting too much emphasis on generating electricity from wind farms, placing the country’s power grid and energy security at risk by “distorting the national energy market.” “This has […]

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