• Surge in coal use scuttling climate change efforts

    • Date: 20/08/18
    • Pratch Rujivanarom, The Nation

    A WORLDWIDE rebound in coal trading is disrupting efforts to mitigate global warming and prevent climate change. Energy analysts expect coal consumption in Southeast Asia and India to grow, as demand for the cheapest fuel is driving rapid economic expansion and offering big profits to investors in the electricity sector. Environmentalists across the world are […]

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  • Tesla Shares Plunge 8pc Following Disastrous NYT Interview

    • Date: 17/08/18
    • Kate Rooney, CNBC

    Tesla shares are getting slammed after Elon Musk’s off-kilter interview with the NYT Shares dropped more than 8 percent after a New York Times piece outlined serious struggles for CEO Elon Musk. The paper also reported that the board is concerned over Musk’s use of Ambien and recreational drugs, and that Musk and members are […]

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  • Have Investors Lost Interest In Green Energy?

    • Date: 15/08/18
    • Roger Andrews, Energy Matters

    Before 2011 global investment in clean energy (wind, solar, biomass, biofuels etc.) grew rapidly. Then in and around 2011 many governments abandoned renewables subsidies in favor of capacity auctions, and growth in global clean energy investment ceased. Investment in North and South America has not increased since 2007 and in Asia it has not increased […]

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  • Chinese Subsidy Cuts Trigger Collapse Of New Solar Modules

    • Date: 15/08/18
    • China Dialogue

    “Without subsidies there’s no return on investment for over a decade, so investors and property owners aren’t interested in distributed solar.” China’s Photovoltaic Industry Association expects to see 30-35 gigawatts of new solar capacity in 2018, a drop of 43% on last year. China’s solar manufacturers are unhappy with recent government policy changes that have put […]

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  • Elon Musk: I Love Fossil Fuel Cash!

    • Date: 15/08/18
    • Global Warming Policy Forum & Bloomberg

    Having once said ‘we need a revolt against the fossil fuel industry’ amid his relentless attacks on oil companies, it turns out that all the while Elon Musk has been courting Saudi’s oil billions. In a blog post on Monday, Musk revealed that he has been in secret talks with Saudi Arabia for the past […]

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  • Germany Razes 20 Villages For Massive Opencast Coal Mine

    • Date: 14/08/18
    • Thomson Reuters Foundation

    Once the Garzweiler opencast mine is finished, 20 villages will have gone. For four generations, Portz family life has focused around a quaint, red-brick farmhouse and the fertile fields beyond, ready for early harvest after this summer’s high heat. Soon, the family will pull its last potato and final spike of grain from the rich […]

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  • EU Caves On Demands To Buy More US Shale Gas In Bid To Stave Off Trade War

    • Date: 10/08/18
    • The Daily Telegraph

    The EU has caved in to demands to buy more US gas in a bid to cool trade tensions with the world’s largest economy. Gas and soybeans topped President Donald Trump’s list of goods he wanted the EU to buy more of during discussions in July with European Commission President Jean-Claude Juncker. The shopping list formed part of […]

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  • Mexico’s Socialist President To Ban Fracking … And Import Shale Gas From The U.S. Instead

    • Date: 09/08/18
    • OilPrice.com

    Mexico’s natural gas demand is rising, and with it, the country’s dependence on U.S. imports. Mexico’s new socialist President seems keen to keep it that way and has announced he will ban fracking. When the National Hydrocarbons Commission of Mexico scheduled its first-ever shale tender for September this year, the July elections were obviously not front and center in […]

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