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

    • Date: 15/06/17
    • Bloomberg

    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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  • New Study: Large CO2 Emissions From Batteries Of Electric Cars

    • Date: 12/06/17
    • Johan Kristensson, New Technology

    Enormous hope rests on electric cars as the solution by the motor industry to climate change. However the batteries of electric cars are not environmentally friendly when manufactured. Several tonnes of carbon dioxide are being released, even before electric batteries leave the factory. IVL, the Swedish Environment Institute has, on behalf of the Swedish Transport Administration and the […]

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  • Australian Coal War Threatens To Overthrow Green Climate Consensus

    • Date: 12/06/17
    • Financial Review

    Liberal Party conservatives are demanding Malcolm Turnbull allow so-called clean coal to qualify as a low emissions fuel and be eligible for incentives if he wants party room support to implement a Clean Energy Target. The moves put hopes of bipartisan support for the Finkel review and an end to the climate wars in doubt […]

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  • Poor Countries Export Power While Millions Go Without

    • Date: 12/06/17
    • The Zimbabwean

    “Foreign aid should not be used to generate costly and unreliable electricity in countries where hundreds of millions need the exact opposite: cheap and reliable power” At the end of May, Zimbabwe’s state monopoly, ZESA, reached a last-minute deal to continue importing electricity. ZESA owed $43m to South Africa and Mozambique and, with part-payment and […]

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  • France To Shut-Down Zero-Carbon Power Plants, Says Ecology Minister Hulot

    • Date: 12/06/17
    • Reuters

    French environment and energy minister Nicolas Hulot said on Monday that the government plans to close some nuclear reactors of state-controlled utility EDF to reduce nuclear’s share of the country’s power mix. He gave no indication of timing. Hulot told reporters at the G7 environment summit in the Italian city of Bologna that it was […]

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  • Coal As ‘Clean’ As Natural Gas?

    • Date: 09/06/17
    • Ronald Bailey, Reason Online

    A renaissance for King Coal? A Japanese company claims to have developed a new coal-burning technology that boosts coal’s energy efficiency by 30 percent while reducing its carbon dioxide emissions by as much as 40 percent. Unlike conventional plants, which burn coal at around 700 degrees Celsius, the Osaka Coolgen plant roasts coal at more […]

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  • Oil Prices Collapse As US Shale Booms

    • Date: 08/06/17
    • The Daily Telegraph

    The steady decline of oil prices has accelerated after a sharp increase in US oil supplies to drive the market to its lowest level since Opec vowed to extend its programme of supply cuts. The price of Brent crude plummeted almost 3.5pc to $48.38 per barrel after official US data showed an increase in the country’s […]

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  • Energy Superpower USA: American Oil Exports Double, Reshaping Global Energy Markets

    • Date: 07/06/17
    • The Wall Street Journal

    American oil exports are emerging as a disruptive new force in global markets. The U.S. exported 1 million barrels of oil a day during some months so far this year—double the pace of 2016—and is on track to average that amount for all of 2017, according to a Wall Street Journal analysis of data from […]

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