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Libya's U.N.-backed government appoints panel to run $67 bln wealth fund

TRIPOLI, Aug 15 (Reuters) - Libya's U.N.-backed government
said on Monday it was appointing a five-member caretaker
committee to run the country's $67 billion sovereign wealth
fund.

Sustainable Women Series: Driving Down Solar 'Soft' Costs: A 70 Percent Reduction in 5 Years

Launched by the Department of Energy in February 2011, the SunShot Initiative was designed to make solar energy cost-competitive by 2020. In 2010, the cost of one solar watt was $3.80. The SunShot project was attempting to reduce soft costs – non-technology costs – to $1 per watt or $0.06 per kilowatt-hour, an almost 75 percent decrease in the 2010 cost.

UPDATE 1-Rosneft quarterly profit falls by a third

MOSCOW, Aug 15 (Reuters) - Rosneft, Russia's
largest oil producer, said on Monday its second-quarter net
profit fell almost 34 percent to 89 billion roubles ($1.38
billion) following a drop in global oil prices.

Part VI: The End Is Nigh — Advocacy, Climate Change and Renewables Growth

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 Growth Slows Even More as Musk Details Energy Vision

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.

COLUMN-Hedge funds add bullish positions in oil as short-covering rally starts: Kemp

LONDON, Aug 15 (Reuters) - Hedge funds increased their
bullish long positions in crude oil by the most for over two
months in the week ending on Aug.9.

Karma Aims to Challenge Tesla With Solar-Boosted Hybrid

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.

OPEC deal a tough task, as oil output freeze expectations rise

* Saudi comments suggest Riyadh wants supply deal-OPEC
sources

RPT-COLUMN-Coal's rally is at risk from lower China imports in August: Russell

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.

RPT-Lack of investment, payment delays hamper Venezuela oil output

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.

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