Energy Update

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BAGHDAD, Nov 23 (Reuters) - Iraq is willing to cut its crude
oil output as part of OPEC's plan to reduce global supply and
boost crude prices, Prime Minister Haider al-Abadi told
reporters on Wednesday in Baghdad.

* No concrete decision for Russian oil firms on output
freeze

TORONTO, Nov 23 (Reuters) - Freeport-McMoRan Inc,
the world's largest publicly listed copper producer, said on
Wednesday it raised $1.5 billion in an equity offering,
completing its plan to reduce debt with proceeds from asset
sales and new equity.

TORONTO, Nov 23 (Reuters) - Canada's main stock index was
pushed lower on Wednesday by sharp declines among gold mining
stocks as the precious metal slid to a nine-month low.

ABUJA, Nov 23 (Reuters) - A draft budget framework for 2017
submitted to parliament by Nigerian President Muhammadu Buhari
is based on unrealistic assumptions about oil production and the
currency exchange rate, lawmakers said on Wednesday.

Nearly a year ago in Paris, the world came together around a historic climate agreement that affirmed the global community’s commitment to shift to a zero-carbon economy.

This past week, a remarkable group of people gathered in Ottawa, perhaps described best as the “friends of Jeff” because the ostensible excuse for a get-together was Jeff Passmore’s Scaling Up Conference and because, to no surprise amongst those who know him well, Jeff has a legion of friends and no more so than in the corner of the advanced bioeconomy dedicated to deploying technology at scale.

The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy last week announced Portland, Oregon-based AquaHarmonics will receive US$1.5 million as the first place winner of the Wave Energy Prize competition.

Under Gov. Andrew Cuomo’s leadership, New York has ramped up its role as a trend-setter in the transition to clean energy and as a leading light in the fight against climate change.

The sustainable energy/environment community is far from powerless to combat climate change or those who would deny its occurrence. The Nov. 8 election has created a different dynamic for pursuing the policy priorities of a clean energy economy and a sustainable global environment.

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