• Green Madness: Australian Households’ $2bn Hit For Solar Subsidies

    • Date: 19/02/19
    • The Australian

    Households will pay nearly $2 billion for rooftop solar installation subsidies this year, costing every home nearly $200 and threatening to derail Scott Morrison’s pledge to cut power bills. The cost of the federal Small-scale Renewable Energy Scheme (SRES) and state-based rebates combined is forecast to rise by 45 per cent from $1.2bn last year […]

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  • Gas Shortages Give New York an Early Taste of the Green New Deal

    • Date: 16/02/19

    The state is dependent on imports even though it sits atop the abundant Marcellus Shale. The combination of hydraulic fracturing and horizontal drilling—sometimes known as the “shale revolution”—has enabled Texas, Pennsylvania and other states to produce record quantities of natural gas, some of which is being frozen, loaded onto giant ships, and transported to customers […]

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  • Theresa May Urged To Back UK Shale Revolution As Company Discovers Huge Shale Gas Field In East Midlands

    • Date: 15/02/19
    • Steven Hawkes, The Sun

    Chemical giant Ineos claims the gas field in Nottinghamshire is the richest in UK history THERESA MAY is today urged to back the fracking revolution as new tests signal the East Midlands is sitting on “30-years’ worth of gas”. Ineos, Britain’s biggest private company, claims drilling results from its field in Nottinghamshire suggest “US levels” […]

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  • Sir Jim Ratcliffe: Open Letter to the European Commission President Jean-Claude Juncker

    • Date: 13/02/19

     INEOS Group Tuesday, 12 February 2019 Open letter to President Jean-Claude JunckerPresident European CommissionEuropean CommissionRue de la Loi 200B-1049 Brussels                                                                                                                         11th February 2019 Dear President Juncker, “Are you quite mad?” was the reaction of one well known CEO of a European chemicals company when INEOS publicly announced recently its huge €3 billion petrochemicals expansion in […]

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  • Germany Alone To Control Russian Gas Pipeline As France Caves In

    • Date: 09/02/19
    • EU Observer

    Germany alone will decide whether to enforce EU law on its new gas pipeline with Russia, after France caved in during last-minute talks on the issue. The legal regime to be imposed on the pipeline, called Nord Stream 2, will come from the “territory and territorial sea of the member state [Germany] where the first […]

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  • India Opens 52 New Coal Mines To Achieve Universal Electrification

    • Date: 06/02/19
    • Times of India & Press Trust of India

    NEW DELHI: The Narendra Modi government has opened 52 new coal mines since coming to power in May 2014 to fuel its flagship village and household electrification programmes without tripping the system, officials told TOI. These 52 mines represent 86% growth over the number of mines added in the five-year period between 2009 and 2014, when […]

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  • Green Madness: Germany’s Power Grid Overhaul to Cost €20 Billion More Than Expected

    • Date: 05/02/19
    • Bloomberg

    Germany’s plan for new power cable “autobahns” to take wind and solar energy from the north to the south of the country is set to cost billions more than envisaged. The grid upgrade will cost as much as 52 billion euros ($59 billion), 53 percent more than was budgeted for in 2014, the companies building […]

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  • India Ramps Up Spending On Coal Exploration As It Slashes Funds For Mine Safety

    • Date: 02/02/19
    • Reuters

    NEW DELHI (Reuters) – The Indian government will increase spending on exploration of coal and lignite by 20 percent in the coming financial year but will slash funding for coal mine safety and conservation, according to the budget document released on Friday. India is one of the world’s largest consumers of coal and rising imports […]

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