• Back To Black: Coal To Replace Gas As Japan’s Leading Power Source From 2019

    • Date: 13/06/16
    • Chisaki Watanabe, Bloomberg

    Coal is set to overtake gas within the next three years as the largest generator of power in Japan as power utilities replace aging nuclear capacity with the fossil fuel, Bloomberg New Energy Finance said. Nuclear power, which accounted for about 29 percent of Japan’s total power output before the 2011 Fukushima disaster, will peak […]

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  • World Sets New Record For Fossil Fuel Consumption

    • Date: 11/06/16
    • Robert Rapier, Forbes

    The world’s fossil fuel consumption has never been higher. As a result, despite the record increase in renewable consumption, global carbon dioxide emissions once again set a new all-time record high. Each year in June two very important reports are released that provide a comprehensive view of the global energy markets. The highlight of the […]

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  • Shale Producer Fracks At $50 Oil As Drills Return To Fields

    • Date: 11/06/16
    • Gillian Rich, Investor's Business Daily

    Continental Resources (CLR) CEO Harold Hamm said the shale producer is starting to frack wells in the Bakken Shale Formation again, as U.S. oil topped $50 per barrel this week. Continental Resources has started fracking wells again since oil hit $50 a barrel (© Downunderphoto/stock.adobe.com) Earlier this year, Continental said it had stopped fracking in the […]

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  • The Coal Rebound

    • Date: 10/06/16
    • Neil Hume, Financial Times

    “Sentiment in the coal market is better than it has been in years,” said analysts at Citi in a report this week. […] All of the major thermal coal benchmarks have pushed above $50 a tonne in recent weeks. The price of coal shipped from the Australian port of Newcastle — marker for the Asian […]

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  • Saudi Arabia Scales Back Renewable Energy Goal to Favor Gas

    • Date: 08/06/16
    • Wael Mahdi and Vivian Nereim, Bloomberg

    Saudi Arabia is curtailing renewable-power targets as the world’s biggest oil exporter plans to use more natural gas, backing away from goals set when crude prices were about triple their current level, according to Energy Minister Khalid Al-Falih. So much for the Guardian’s habitual green hype The kingdom aims to have power generation from renewable […]

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  • Europe Is Falling Out Of Love With Renewables

    • Date: 07/06/16
    • Jessica Shankleman, Bloomberg

    Europe is losing its status as a global leader in clean energy, with investment in the region plummeting 21 percent last year, while spending in the rest of the world boomed. A record $328.9 billion was invested worldwide in solar, wind and other renewable energy sources in 2015, according to a report released Tuesday by […]

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  • Green Madness: Subsidies & Taxes Will Make Up Almost 50% Of EU Electricity Bills By 2020

    • Date: 06/06/16
    • Mathew Carr, Ladka Mortkowitz Bauerova and Rachel Morison, Bloomberg

    Two investors are betting they can make a profit from coal by burning hardly any of it. Backup provisions may mean subsidies and taxes will make up almost half of European electricity bills by 2020. Daniel Kretinsky, 40, and Patrik Tkac, 43, are trying to capitalize on Europe’s rapid expansion into renewables by embracing the fuel, […]

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  • Is This the Start of Shale’s Rebound?

    • Date: 03/06/16
    • The American Interest

    Oil prices may today be worth more than $70 per barrel less than they were two years ago, but prices have rebounded from their nadir this spring to more than $49 in recent trading. That’s still a long way from those heady $100+ per barrel days, but it’s enough to make American oil companies start […]

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