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How High a Fee Must Fossil Carbon Pay in the Absence of the Solar ITC?

Over the past decade solar costs have declined markedly, but they’re unlikely to continue falling. Thus, revenue from sales of solar electricity will become more important for business success. Revenue in turn depends on receipts per kWh, capacity factor, and tax benefits like accelerated depreciation and the investment tax credit (ITC).

UPDATE 2-U.S. SEC charges fund manager Cooperman with insider trading

NEW YORK, Sept 21 (Reuters) - The top U.S. securities
regulator on Wednesday charged billionaire investor Leon
Cooperman with insider trading, making him the highest-profile
target in years in Washington's ongoing crackdown on illegal
trading at hedge funds.

Massachusetts Goes All-In on Energy Storage

The next wave of clean energy policy making will be more focused on energy storage, as evidenced by the release this week of the long-awaited Massachusetts energy storage report, titled “State of Charge.”  The study was co-funded by the Massachusetts Department of Energy Resources (DOER) and Massachusetts Clean Energy Center (MassCEC), and it represents a major new policy direction for the state on how to capture the economic and environmental benefits of emerging energy storage technologies.

Guinness Nigeria gets $95 mln Diageo loan due to currency shortage

LAGOS, Sept 21 (Reuters) - Guinness Nigeria
said on Wednesday that is parent Diageo had given it a
$95 million term loan to support its dollar needs through
foreign currency shortages caused by the West African country's
floating of the naira.

Denmark determined to continue production at ageing North Sea gas field

COPENHAGEN, Sept 21 (Reuters) - The Danish government is
determined to find an economically viable solution that will
allow A.P. Moller-Maersk's energy arm to continue
production at the Tyra gas field in the North Sea, energy and
climate minister Lars Christian Lilleholt said on Wednesday.

India wants to add UAE, Saudi oil for strategic reserve

MUMBAI, Sept 21 (Reuters) - India is talking to the United
Arab Emirates (UAE) and Saudi Arabia to fill half of the 1.5
million tonnes (mt) of the Mangalore strategic storage, along
with Iranian crude, its oil minister said on Wednesday.

WRAPUP 1-Fighting further buries hopes for Syria truce

* US blames Russia for bombing convoy but says truce "not
dead"

UPDATE 2-India to fund major gas pipeline to boost eastern states

NEW DELHI, Sept 21 (Reuters) - India's government will
partly fund a $2 billion gas pipeline project linking five
eastern states to help kick-start economic growth in a region
that has trailed the rest of the country, the oil minister said
on Wednesday.

REFILE-UPDATE 1-Japan signals end for $10 billion nuclear prototype

TOKYO, Sept 21 (Reuters) - Japan signalled on Wednesday it
would scrap a costly prototype nuclear reactor that has operated
for less than a year in more than two decades at a cost of 1
trillion yen ($9.84 billion).

UPDATE 5-Oil jumps after surprise drop in U.S. crude inventories

* Oil exporters meet next week to discuss production policy

(Updates prices)

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