Energy Update
Today’s installment—the last in the series—identifies some of the fissures I see forming in the advocacy community. That is, the group of dedicated renewable energy and environmental advocates whose commitment and diligence to the task of saving the world from itself has gotten us this far down the path to sustainability.
SolarCity Corp. is facing near-term roadblocks as installations slow and the pending acquisition by Tesla Motors Inc. hinders its financing efforts. For billionaire Elon Musk, the long-term picture is more significant, as he rolls out more products and services that will make the biggest U.S. rooftop solar company a key part of his energy strategy.
Karma Automotive LLC, the Chinese-owned carmaker once known as Fisker Automotive, has taken another step in its resurrection with the online reveal of its plug-in hybrid sedan that seeks to compete with Tesla’s Model S electric car.
LAUNCESTON, Australia, Aug 15 (Reuters) - If you believe
that thermal coal's rally this year has been largely on the back
of rising Chinese imports, it follows that any sign of
moderation in demand in the world's biggest buyer would raise a
red flag of caution.
CARACAS, Aug 15 (Reuters) - Venezuela, which holds the
world's largest crude reserves, is on track to suffer its
steepest annual oil output drop in 14 years as it suffers the
effects of an economic crisis and years of under investment and
mismanagement, according to data seen by Reuters and interviews
with company sources and workers.
Aug 15 (Reuters) - Chesapeake Energy Corp, the
second-largest U.S. natural gas producer, said on Monday that it
had arranged a $1 billion 5-year term loan that it would use to
buy back senior notes due between 2017 and 2038.
JAKARTA, Aug 15 (Reuters) - Indonesian plantation company
Sampoerna Agro is considering how to respond to a
recent court ruling that handed down the country's largest ever
fine to a company linked to forest fires, a company official
said on Monday.
LONDON/MOSCOW, Aug 15 (Reuters) - Russia's Economy Ministry
has advised Prime Minister Dmitry Medvedev he would have to
issue an unprecedented special decree if he wants to bar
state-controlled oil major Rosneft from the
privatisation of a mid-sized energy group, according to a letter
seen by Reuters.
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