• NZ Windfarms Flop Because ‘Wind Flow Is Unpredictable’

    • Date: 26/09/18
    • Stuff

    The new chairman of NZ Windfarms says the company has reached a turning point where it must evaluate its future because of the unpredictability of wind power. Stuart Bauld spoke of the options as he also announced a $14m loss due to Vector selling its 22 per cent shareholding meaning Windfarms lost millions of dollars in tax benefits under continuity […]

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  • How ‘Green’ China Fooled The World: New Coal Boom Continues

    • Date: 25/09/18
    • Michael Bastasch, The Daily Caller

    China could add as much as 400 million tons of coal capacity over the next two years, according to analysts at the consulting firm Woods Mackenzie. That’s about a 10 percent increase in China’s coal production capacity, which is a stark contrast to the country’s talk about closing coal mines to reduce excess capacity and […]

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  • The Inconvenient Truth Of Rising Coal Prices

    • Date: 21/09/18
    • Tim Treadgold, Forbes

    Coal prices are not supposed to be rising as governments tighten environmental controls but that’s precisely what is happening at the premium end of the coal market where prices have soared. Over the past six months the price of top quality thermal coal exported from the Australian port of Newcastle has risen by 25% to […]

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  • Congrats To Renewable Energy – One Third Of US Households Struggle With Energy Bills

    • Date: 20/09/18
    • Tim Worstall, Continental Telegraph

    The US Energy Department has just released a report detailing how some one third of US households struggle to pay their energy bills. This isn’t as much of a surprise as we might think given that energy policy these past couple of decades has been to make energy more expensive. Without the costs of renewables […]

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  • Higher Carbon Price Is Boosting Coal Demand In Europe

    • Date: 19/09/18
    • Bloomberg

    If you thought the surging price of fossil-fuel emissions in Europe would hurt coal demand, think again. The highest prices for carbon credits in a decade have also lifted natural gas, discouraging power stations from making the switch away from coal. As a result, demand remains strong for the dirtiest fossil fuel in the continent […]

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  • U.S. Shale Oil Production Beats Estimates Again

    • Date: 18/09/18
    • Irina Slav, OilPrice.com

    Crude oil production in the U.S. shale patch will hit 7.59 million bpd next month, the Energy Information Administration said in its latest Drilling Productivity Report. This is 79,000 bpd more than this month’s estimated production. The biggest increase, once again, will come from the Permian, where producers will add 31,000 bpd to overall daily production […]

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  • Germany’s RWE & Trade Unions Oppose Coal Exit In 2035

    • Date: 17/09/18
    • Reuters

    German utility RWE, its works council and trade unions say they oppose plans to end coal-fired power generation in Germany around 2035, raising questions over a possible compromise between a government commission and environmentalists. RWE said the date was unacceptable and more investments in grids and renewable energy were needed to secure energy supply in […]

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  • Europe’s Carbon Market Still Not Working

    • Date: 16/09/18
    • The Corner

    Despite the strong price surge, the carbon market does not develop its intended emission reductions impact. There is no significant shift from coal to natural gas use visible. Excessive price moves in the European energy complex continue to create headlines. Analysts at Julius Baer point to carbon credits which were sold off heavily in the past […]

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