Energy Update
PARIS, Sept 27 (Reuters) - Electric car prototypes and plans
are set to dominate the Paris auto show as the Volkswagen
diesel scandal and falling battery costs persuade
executives and investors that plug-in vehicles are ready to go
mainstream.
GENEVA, Sept 27 (Reuters) - The top United Nations official
in Libya called on Tuesday for countries to support the
fledgling national unity government of the North African country
and do more to halt banned arms shipments there.
Investors have been burnt before, and are now skeptical that OPEC will overcome its internal divisions and agree to do something about chronically low oil prices.
Sept 27 (Reuters) - Oil services company Weatherford
International LLC has agreed to a $140
million penalty to settle charges it inflated earnings by using
deceptive income tax accounting, the U.S. Securities and
Exchange Commission said on Tuesday.
Certain anti-solar forces are spending hundreds of thousands of dollars trying to convince everyone (though the popular press and consumers are the main targets) that solar customers are stealing money from non-solar customers.
WASHINGTON, Sept 27 (Reuters) - Wells Fargo Bank has settled
federal charges over inaccurate large trader reports for
physical commodity swaps positions, the U.S. Commodity Futures
Trading Commission said on Tuesday, ordering the firm to pay a
$400,000 penalty.
Hamburg Senator for Trade, Transport and Innovation Frank Horch last week initiated trial operations of an energy storage facility that was built with 2,600 used battery modules from more than 100 electric vehicles.
BARCELONA, Sept 27 (Thomson Reuters Foundation) - A sharp
increase in methane, a potent greenhouse gas, in the Earth's
atmosphere since 2007 is the result of higher emissions from
biological sources such as rice paddies, cattle and swamps
rather than fossil fuels, researchers said on Tuesday.
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