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  • New Study: Scientists Find Recent UK Flooding Is Not Unprecedented

    • Date: 17/06/17
    • Neil Macdonald and Heather Sangster (2017), Hydrology and Earth System Sciences 21: 1631-1650.
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    This paper presents the first coherent large-scale national analysis undertaken on historical flood chronologies in Britain, providing an unparalleled network of sites (Fig. 1), permitting analysis of the spatial and temporal distribution of high-magnitude flood patterns and the potential mechanisms driving periods of increased flooding at a national scale (Britain) since AD 1750. The apparent […]

  • UK Shale Industry Gaining Momentum: IGas

    • Date: 17/06/17
    • Kallanish Energy News
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    The UK shale industry is gaining momentum as oil and gas explorers Cuadrilla and Third Energy also move closer to drilling their wells, IGas Energy’s CEO Stephen Bowler said on Wednesday in an update to the market. The executive noted that IGas continues to move its shale work program forward, with three wells having received […]

  • US Shale Revolution & Free Trade Create The World’s New Energy Superpower

    • Date: 16/06/17
    • Editorial, The Wall Street Journal
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    Steve Bannon owes Paul Ryan an apology on the oil-export ban. The Asia Vision LNG carrier ship sits docked at the Cheniere Energy Inc. terminal in this aerial photograph taken over Sabine Pass, Texas, on Wednesday, Feb. 24, 2016. PHOTO: LINDSEY JANIES/BLOOMBERG NEWS Sometimes politics changes so rapidly that few seem to notice. Remember the […]

  • OPEC And U.S. Shale Drillers Are On Collision Course

    • Date: 16/06/17
    • John Kemp, Reuters
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    The oil market is on an unsustainable course with output from U.S. shale and other non-OPEC sources increasing rapidly, while OPEC and its allies trim production to reduce inventories and prop up prices. The International Energy Agency (IEA) projects non-OPEC output will increase by 1.5 million barrels per day (bpd) in 2018 (“Oil Market Report”, […]

  • How Two Nobel Prize-Winning Economists Got Oil Wrong

    • Date: 15/06/17
    • Michael Lynch , Forbes
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    My recent book details the numerous mistakes made by many experts — real and apparent — about the oil market and oil prices.   This post will point to two in particular (the latter of which did not appear in the book).  Robert Solow and Paul Krugman are both M.I.T. professors of economics (Krugman only for a […]

  • US Energy Department Closes Office Working on Climate Change Abroad

    • Date: 15/06/17
    • The New York Times
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    WASHINGTON — The Energy Department is closing an office that works with other countries to develop clean energy technology, another sign of the Trump administration’s retreat on climate-related activities after its withdrawal from the Paris agreement this month. The 11 staff members of the Office of International Climate and Technology were told this month that […]

  • Report: $12.7 Trillion Needed To Meet Paris Climate Accord’s Goal

    • Date: 15/06/17
    • Michael Bastasch, Daily Caller
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    A whopping $7.4 trillion will be spent globally on new green energy facilities in the coming decades, but another $5.3 trillion is needed to meet the goals of the Paris climate accord, according to a new report. Bloomberg New Energy Finance (BNEF) is out with a new long-term energy outlook report, this time projecting a […]

  • More Than Half of America’s Nuclear Reactors Are Losing Money

    • Date: 15/06/17
    • Bloomberg
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    More than half of America’s nuclear reactors are bleeding cash, racking up losses totaling about $2.9 billion a year, based on a Bloomberg New Energy Finance analysis. Nuclear power plants are getting paid $20 to $30 a megawatt-hour for their electricity, Nicholas Steckler, an analyst at Bloomberg New Energy Finance, said in a report Wednesday. […]

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