Energy Update

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Solar's unrealized energy potential and associated benefits are vast. In June, the International Renewable Energy Agency estimated that solar's share of global power generation could rise from 2 percent today to 13 percent by 2030.

* Jan-Sept oil and gas output down 8 pct; crude down 12.6
pct

Oct 27 (Reuters) - U.S. oil producer ConocoPhillips
reported a smaller quarterly loss as it cut production and
operating expenses.

PARIS, Oct 27 (Reuters) - France's National Assembly on
Thursday rejected the latest move to introduce an additional
levy on palm oil, the widely used food and cosmetics ingredient
that has been blamed for encouraging deforestation and posing
health concerns.

Oct 27 (Reuters) - Marathon Petroleum Corp reported
an 84.7 percent drop in quarterly profit, partly hurt by lower
refining margins.

* Violent protests spread in Venezuela

(Updates prices, adds analyst quote para 7)

The Los Angeles City Council recently passed a unanimous resolution requiring Los Angeles Department of Water and Power to study how the city can achieve a 100 percent clean energy future.

PARIS, Oct 27 (Reuters) - Societe Generale will
quit financing coal-powered electricity plants from January and
increase its support for renewable energy projects, the French
bank said on Thursday.

* Exports to Asia to hit 1.46 mln bpd; exports to Europe to
fall

Anyone following the Justice Delayed series knows I have been waiting for the other shoe to drop in the continuing saga of challenges to the Clean Power Plan. Well—it dropped.

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