Energy Update
LAUNCESTON, Australia, Nov 16 (Reuters) - There are two ways
of looking at Rio Tinto's decision to close one of its major
iron ore mines over the Christmas period: to take the company's
explanation of operational reasons at face value or to see the
move as part of a wider strategy.
MELBOURNE, Nov 16 (Reuters) - Australian private equity firm
EMR Capital has raised $860 million for its second fund, as it
looks for more investments in copper, gold, potash and coking
coal, the firm said on Wednesday.
LONDON, Nov 15 (Reuters) - Hedge funds have tempered their
earlier bullishness towards U.S. natural gas and heating oil as
unusually warm weather has persisted nearer to the heart of the
winter heating season.
What will Donald Trump actually do? It’s a question many Americans are asking themselves now that the U.S.
TOKYO, Nov 16 (Reuters) - U.S. crude futures slipped on
Wednesday after an industry report showed an unexpected build in
U.S. oil stocks, paring some of the gains from the session
before when prices rose by the most since early April.
U.S. Secretary of the Interior Sally Jewell on Nov. 10 said that the Bureau of Land Management has finalized a rule that creates a new competitive leasing process and incentives for solar and wind energy development on public lands.
The Canadian Wind Energy Association said Nov. 3 that a provincial leader in Alberta made a major policy pronouncement at the final day of the association's 32nd Annual Conference and Exhibition in Calgary.
Turns out that Americans are a bit overly optimistic about the role that renewable energy plays in the U.S. The average American believes that 20 percent of the country’s energy use comes from renewables—11 percent from solar and 9 percent from wind.
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