• The Copernican Shale Revolution

    • Date: 16/10/15
    • Martin Sandbu, Financial Times

    Forget what you always thought about oil Every now and then a text slides across one’s desk that captures the elusive combination of simple and accessible analysis with profound implications. This week just such a text appeared in the form of a speech by Spencer Dale, the former Bank of England policymaker and current chief […]

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  • Nigel Lawson Says Blocking Fracking Is ‘Deplorable’

    • Date: 15/10/15
    • The Blackpool Gazette

    Lancashire’s decision to block fracking in the county was “deplorable” and curbed its ability to exploit its “best possible prospect”, Margaret Thatcher’s former chancellor has said. Former chancellor Nigel Lawson. Photo: Jonathan Brady/PA Wire Lord Lawson called on Lancashire County Council to allow the hydraulic fracturing of shale gas to develop the “immense” resources it […]

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  • Bill Gates Criticises Green Energy Campaigners

    • Date: 15/10/15
    • Emma Howard, The Guardian

    Bill Gates has branded fossil fuel divestment “a false solution” and accused environmentalists of making misleading claims about the price of solar power.    Bill Gates has $1.4bn (£900m) invested in fossil fuel companies through his charitable foundation, figures show. Photograph: GSA/Demotix/Corbis In an interview with US magazine the Atlantic, the founder of Microsoft and the Gates […]

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  • Coal Demand in South-East Asia Set To Triple In The Next 25 Years

    • Date: 14/10/15
    • Ben Potter, Financial Review

    South-east Asian coal demand is set to triple in the next 25 years, bucking a global trend and giving Australia’s coal exporters a sorely needed boost, a new International Energy Agency report predicts.  The forecast surge in demand for energy coal – also known as thermal coal and Australia’s third-biggest export – in south-east Asia comes as China’s demand is […]

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  • Renewable Energy Financing Hits a Snag

    • Date: 13/10/15
    • Diane Cardwell, The New York Times

    Only a few months ago, it seemed that the renewable energy sector could do little wrong: Stock prices were soaring and money was pouring in as investors flocked to get in on the action. That is no longer the case. Low oil and gas prices have roiled the energy markets, and the specter of rising […]

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  • Is US Shale Boom Turning To Bust? OPEC Can Only Dream

    • Date: 10/10/15
    • Terry Engelder, The Conversation

    A boom, like beauty, is in the eye of the beholder. A boom occurs when people rush to claim something that seems to have out-sized value. The value can arise from scarcity in the face of demand or from abundance made possible by recovering something in demand with greater ease. For natural resources, like 19th-century […]

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  • IEA: Southeast Asia’s Fossil Fuel Boom To Last For Decades

    • Date: 08/10/15
    • International Energy Agency

    The energy landscape in Southeast Asia continues to shift as rising demand, constrained domestic production and energy security concerns lead to a greater role for coal, a sharp rise in the region’s dependence on oil imports and the reversal of its role as a major gas supplier to international markets.  “As Southeast Asia flourishes, it […]

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  • Greenpeace Plans Bid For €2 Billion German Coal Business

    • Date: 06/10/15
    • Deutsche Welle

    Environmental group Greenpeace is exploring funding options to buy Vattenfall’s lignite business in eastern Germany in a bid to scale back the operations put up for sale by the Swedish state-owned energy giant. On its website, Greenpeace Sweden released a letter to US bank Citigroup on Tuesday stating the environmental group’s interest in buying Vattenfall’s […]

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