Energy Update
LONDON, Nov 11 (Reuters) - OPEC members are making the task
of oil market rebalancing harder by maximising their production
ahead of a ministerial conference at the end of November.
MEXICO CITY, Nov 11 (Reuters) - Mexico's lower house of
Congress approved the 2017 budget early on Friday, sending the
package to Mexican President Enrique Pena Nieto for him to sign
into law.
BERLIN, Nov 11 (Reuters) - The German government has lowered
the CO2 reduction targets for industry and utilities in the
final version of its climate action plan, according a document
seen by Reuters on Friday.
BERLIN, Nov 11 (Reuters) - Germany's ruling coalition
reached agreement on a flexible climate action plan with CO2
reduction goals for economic sectors, with their impact on jobs
and society to be reviewed in 2018, a government spokesman said
on Friday.
We know that Donald J. Trump has been elected President of the United States, and we know that the Republican Party has won majorities in both the House and Senate. What we do not know are what implications the 2016 election might have for the hydroelectric power industry — or, just as important, what it might mean for the climate change initiatives already set in motion by the Obama administration.
WASHINGTON/BEIJING, Nov 11 (Reuters) - The election of
climate change skeptic Donald Trump as president is likely to
end the U.S. leadership role in the international fight against
global warming and may lead to the emergence of a new and
unlikely champion: China.
The French government has announced fresh targets for renewable energy capacity to be installed by 2023. The new objectives will serve as trajectories to be used in defining the priorities for the French government in relation to the development of renewable energy on mainland France between 2016 and 2023.
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