• China Goes On Unexpected Commodities Binge

    • Date: 13/10/16
    • Reuters

    China went on an unexpectedly big buying spree for crude oil, coal and iron ore last month, customs data showed on Thursday, even as Beijing cools its overheated property market and concerns linger about the health of the world’s No. 2 economy. Daily crude imports hit an all-time high as the nation again overtook the […]

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  • Germany Takes Steps To Roll Back Renewable Energy Revolution

    • Date: 12/10/16
    • Philip Oltermann, The Guardian

    Germany is taking steps to curb its booming windfarm sector in what it claims is a necessary move to stop the renewables revolution from undermining its own success. Critics, however, say the step will deal a blow to the country’s reputation as a leader in green energy. According to leaked plans from the German federal network agency, […]

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  • Renewable Energy Cost Explosion: €25,000 Euros For Each German Family Of Four

    • Date: 11/10/16
    • Daniel Wetzel, Die Welt

    The Institute for Competition Economics at the University of Dusseldorf has calculated the total cost of Germany’s Green Energy Transition. The result: By 2025, an estimated €520 billion euros will be spent. A family of four will pay more than 25,000 euros for the Energiewende. Seldom was a German environment minister more ridiculed and mocked […]

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  • New Study: China’s Expanding Overseas Coal Power Industry

    • Date: 10/10/16
    • Dr Frank Umbach & Dr Ka-ho Yu, European Centre for Energy and Resource Security (EUCERS)

    China is the world’s largest energy consumer overall and the largest coal consumer in particular, using nearly as much coal as the rest of the world combined. It is also the largest coal producer, providing more energy to the world’s economy than the entire Middle Eastern oil production. Since 2011, it has also become the world’s largest importer of coal. But […]

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  • Germany’s Energiewende To Cost Staggering €520 Billion By 2025, First Full-Cost Study Finds

    • Date: 10/10/16
    • Initiative New Social Market Economy (INSM)

    The total cost of Germany’s green energy transition (Energiewende) amounts to over €520 billion euros by 2025 in the electricity sector alone. This is the result of a report commissioned by the Düsseldorf Institute for Competition Economics (DICE), commissioned by the Initiative New Social Market Economy.   By far the biggest cost driver with a total of […]

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  • Europe’s Electric Cars Fiasco

    • Date: 08/10/16
    • Bertel Schmitt, Forbes

    Sales of battery electric vehicles in Western Europe fell for the fourth month in a row, an analysis of a respected European industry publication says. In August, a month in which the overall Western European new car market climbed 8%, sales of BEVs in the world’ second largest EV market behind China dropped 1.2% compared […]

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  • Aussie Warning: Wind Farms Are Risk To Energy Security, Prime Minister Warns

    • Date: 07/10/16
    • Jason Scott, Bloomberg

    Prime Minister Malcolm Turnbull accused some state governments of putting too much emphasis on generating electricity from wind farms, putting Australia’s energy security at risk and “distorting the national energy market.”  Turnbull is claiming that Labor party-run states are too reliant on wind and solar power as they seek to cut greenhouse gas emissions. His […]

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  • Wind Farms Undermine Energy Security Australian Govt Warns

    • Date: 05/10/16
    • David Crowe, The Australian

    The Australian government will confront the states over the ­danger of statewide blackouts at an urgent meeting tomorrow to respond to the outage across South Australia last week, amid a furious political fight over ­whether wind farms helped cause the failure. The states are being warned that their growing use of renewable energy will make their […]

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