• China Steps Up Oil & Gas Drilling After Communist Party Calls For Energy Security

    • Date: 01/02/19
    • Reuters

    SINGAPORE/BEIJING (Reuters) – China’s state energy giants are set to raise spending on domestic drilling this year to the highest levels since 2016, focusing on adding natural gas reserves in a concerted drive to boost local supplies. Responding to President Xi Jinping’s call last August to boost domestic energy security, China’s trio of oil majors […]

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  • Electric Car Subsidies Largely Benefit ‘Rich’ Tesla And Jaguar Drivers

    • Date: 30/01/19
    • DutchNews

    Around half of the Dutch government’s 700 million euros subsidies for electric cars has ended up in the hands of ‘rich Tesla and Jaguar drivers’, the Volkskrant said on Wednesday.   Last year, the government said it would fund tax breaks totaling €700m for electric car drivers. But almost half the 25,000 electric cars bought […]

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  • Brazil Coffee Glut Causes Price Collapse

    • Date: 30/01/19
    • Financial Times

    Record coffee output in Brazil drives down prices and piles pressure on farmers. Coffee growers in Guatemala have abandoned farms while Colombian farmers have turned to coca, which is processed into cocaine. All eyes in the coffee market are on Brazil, as record production levels have knocked global prices to near 12-year lows. Brazil produced an […]

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  • Planned German Coal Exit Means Growing Dependence On Russia

    • Date: 28/01/19
    • EUObserver

    “I believe we would be well advised to admit that if we phase out coal and nuclear energy then we have to be honest and tell people that we’ll need more natural gas,” said Merkel in Davos last week. Germany should gradually close down its coal-fired power plants by 2038, an advisory commission has said […]

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  • Irish Carbon Tax Rise In Doubt Following Yellow Vest Revolt In France

    • Date: 27/01/19
    • The Times

    Irish MPs and senators are split over plans for a fourfold increase in carbon tax to put Ireland on course to meet its 2030 climate change targets, following the yellow vest protests in France. Hundreds join ‘yellow vest’ protest march in Dublin Fine Gael and Green Party members of the Oireachtas climate action committee want […]

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  • It’s All Over: Russia-Saudi Alliance Abandons Assault On US Shale Oil

    • Date: 25/01/19
    • The Daily Telegraph

    The oil alliance of Opec and Russia has abandoned efforts to drive US shale out of the global energy market, accepting the hard reality of America’s irrepressible frackers for years to come. “To really fight shale we’d need oil below $40 a barrel,” said Kirill Dmitriev, head of Russia’s wealth fund. “That is not good for […]

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  • White House Plans New Energy Push As Competition With Russia Grows

    • Date: 25/01/19
    • Politico

    The White House is weighing a new round of executive actions to boost the U.S. energy industry in an attempt to portray strength against Russia. The moves the White House is considering — President Donald Trump’s third effort to help pipeline companies — include possible executive orders that would weaken states’ power to block energy […]

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  • Germany’s Climate Agenda On The Brink Of The Abyss

    • Date: 24/01/19
    • Daniel Wetzel, Die Welt

    Germany’s once-in-a-century experiment Energiewende will enter its hot and decisive phase next weekend. Germany is serious about being the only industrial country in the world to simultaneously abandon nuclear energy and coal-fired power generation.     The 31 members of the government commission “Growth, Structural Change, Employment” will decide on the final plan on Friday […]

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