• US Shale And A Glut Of Crude Will Prevent Saudi Oil Shock

    • Date: 24/09/19
    • Platts

    Texas’ thriving oil production could be to thank for the world avoiding an economically crippling, triple-digit spike in crude prices following attacks on facilities in Saudi Arabia less than two weeks ago. Fears of soaring prices and panic buying at petrol pumps failed to materialize, despite the temporary loss of 6% of the world’s supply […]

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  • Coal Power Booming In China & South Asia

    • Date: 19/09/19

    Coal-fired power continues its sustained and even growing hold in developing nations. News reports indicate that China and India are both ramping up coal-fired generation capacity despite environmental concerns globally. A story on the QuartzIndia website cited India Ratings and Research figures showing that nation importing up to 73 million metric tons of coal in the current […]

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  • Fossil Fuel Divestment Has ‘Zero’ Climate Impact, Says Bill Gates

    • Date: 17/09/19
    • Financial Times

    Climate activists are wasting their time lobbying investors to ditch fossil fuel stocks, according to Bill Gates, the billionaire Microsoft co-founder who is one of the world’s most prominent philanthropists. Those who want to change the world would do better to put their money and energy behind the disruptive technologies that slow carbon emissions and […]

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  • Coal Is Fuelling China’s Data Center Boom

    • Date: 16/09/19
    • OilPrice.com

    Electricity consumption in China’s data center sector is projected to increase by a whopping 66 percent over the next half-decade – currently powered 73% by coal. China’s data center sector is heating up. “The rapidly growing market is largely driven by data-intensive industries such as cloud computing, an industry that the government has marked for […]

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  • Green Super Flop: Most Powerful Greenhouse Gas On The Rise ‘Due To Green Energy Boom’

    • Date: 14/09/19
    • BBC News

    It’s the most powerful greenhouse gas known to humanity, and emissions have risen rapidly in recent years, the BBC has learned. Sulphur hexafluoride, or SF6, is widely used in the electrical industry to prevent short circuits and accidents. But leaks of the little-known gas in the UK and the rest of the EU in 2017 […]

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  • Europe’s Climate Hypocrisy Exposed

    • Date: 13/09/19
    • Balkan Green Energy News

    Five EU countries including the UK, Germany, Greece, Poland, and Slovenia are looking to introduce new fossil fuel subsidies by 2030, an analysis of the 28 Member States’ draft energy and climate plans (NECPs) has revealed. In a new report, “Fossil fuel subsidies in draft EU National Energy and Climate Plans: Shortcomings and final call […]

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  • Green Energy Crisis: More Natural Gas Is Needed as Low Power Prices Dent Solar

    • Date: 11/09/19
    • Bloomberg

    The world will probably need more power from natural gas in the coming decades than previously thought because low electricity prices during the day could limit the rise in solar plants. The cleanest fossil fuel’s share of the primary energy mix in 2050 will be as much as 29%, according to a report by energy […]

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  • EU Countries Have ‘No Plans’ To End Support For Fossil Fuels

    • Date: 09/09/19
    • EurActiv

    Not a single EU member state has so far spelled out a comprehensive plan to phase out fossil fuel subsidies, despite a commitment taken at the G20 ten years ago to eliminate them, according to a fresh analysis of the bloc’s 28 National Energy and Climate Plans. Only nine EU countries have reiterated their commitment […]

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