Energy Update
Near the end of Sunday’s contentious and much-maligned presidential debate, Hillary Clinton made, arguably, the most revealing statement yet on the likely path of energy policy in her White House.
(Wed, 12 Oct 2016) U.S. energy-related carbon dioxide (CO2) emissions totaled 2,530 million metric tons in the first six months of 2016. This was the lowest emissions level for the first six months of the year since 1991, as mild weather and changes in the fuels used to generate electricity contributed to the decline in energy-related emissions.
The battles between utilities and their customers over the right to self-generate aren’t cooling off, either. Utility Dive notes at least 10 states will be on the front line of the battle between utilities and their customers in 2016 and beyond.
SYDNEY, Oct 12 (Reuters) - Surging coal prices are set to
shower Australia in cash, erase its trade deficit, jumpstart
nominal economic growth and, perhaps, mark the end of a
five-year campaign of interest rate cuts by the central bank.
HOUSTON/NEW YORK, Oct 12 (Reuters) - All it took was a pair
of bolt cutters and the elbow grease of a few climate activists
to carry out an audacious act of sabotage on North America's
massive oil and gas pipeline system.
TOKYO, Oct 12 (Reuters) - Japan Bank for International
Cooperation (JBIC), a major backer of mining and energy projects
for Japanese companies, said it will be cautious on lending to
the resources sector despite a rally in commodity prices this
year.
SINGAPORE, Oct 12 (Reuters) - Swissco Holdings,
which provides rig and vessel chartering services, said it would
not be able to pay interest on a S$100 million ($73 million)
note, the latest Singaporean firm in the offshore services
industry to disclose debt woes.
TOKYO, Oct 12 (Reuters) - Crude futures inched up on
Wednesday, with investors waiting for talks between OPEC
producers and other oil exporters on curbing output to end a
glut in the global market.
Wind energy, the fastest-growing source of electricity in the U.S., is transforming low-income rural areas in ways not seen since the federal government gave land to homesteaders 150 years ago. As commodity prices threaten to reach decade lows and farmers struggle to meet debt payments, wind has become the newest cash crop, saving family farms across a wide swath of the heartland.
In the 32 flats cooperative housing society I grew up in, comprising of two buildings in the heart of Mumbai, no one had air-conditioners for the fifteen years I lived there until I left for college in New Delhi. Only about six families had cars.
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