Energy Update
TIPUTINI, Ecuador, Sept 7 (Reuters) - Ecuador began drilling
for oil on Wednesday near an Amazon nature reserve known as
Yasuni, a site that President Rafael Correa had previously
sought to protect from development and pollution under a
pioneering conservation plan.
SAN FRANCISCO, Sept 7 (Reuters) - Tesla Motors Inc
said on Wednesday it had entered into an agreement with Deutsche
Bank whereby the electric car maker can borrow up to $300
million for its vehicle leasing program, part of a broader
effort to bolster the company's finances.
CANNON BALL, N.D./WASHINGTON, Sept 7 (Reuters) - A Native
American tribe's efforts to halt construction of a crude oil
pipeline in North Dakota have swelled into a movement, drawing
international attention and the support of movie stars and
social media, and making a major oil company blink.
Sept 7 (Reuters) - U.S. crude stocks surprisingly plunged
more than 12 million barrels last week, data from industry group
the American Petroleum Institute showed on Wednesday, boosting
the price of oil.
LONDON, Sept 7 (Reuters) - Algeria is sending crude oil to
Cuba for the first time to help offset lower supplies from the
island's closest ally, Venezuela, where low prices have caused
the steepest production decline in more than a decade, sources
with direct knowledge said on Wednesday.
HOUSTON, Sept 7 (Reuters) - A U.S. judge on Wednesday halted
a plan to allow fracking on public lands in central California,
saying a federal agency's environmental plan should have taken a
"hard look" at the potential impact of the process.
WASHINGTON, Sept 7 (Reuters) - A sheriff's department in
North Dakota is investigating possible charges against the U.S.
Green Party presidential candidate, Jill Stein, for damaging
equipment during protests on Tuesday over construction of an oil
pipeline.
On the surface, it may seem that Net Zero Energy is the most responsible approach to building construction, but we may be missing the point.
On Sept. 3, U.S. President Barack Obama and China's President, Xi Jinping, formally agreed to participation in the negotiated 2015 United Nations Climate Change Conference (COP 21) Paris Agreement, a global agreement on the reduction of climate change.
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