Energy Update
A little-known Tokyo-based company’s commitment to biomass has made it a darling among investors.
WASHINGTON, June 24 (Reuters) - New orders for U.S.
manufactured capital goods unexpectedly fell in May as demand
declined broadly, indicating business spending will remain a
drag on economic growth in the second quarter.
Ontario is going geothermal. The U.S. is shortly behind, and here’s why: Geothermal heat pumps provide the only reasonable solution to heating without combustion. Ontario’s Climate Change Action Plan identifies geothermal 10 times as the go-to heating (and cooling) technology to reach its carbon reduction goals.
MOSCOW, June 24 (Reuters) - Russian Economy Minister Alexei
Ulyukayev said on Friday he did not think Britain's vote to
leave the European Union would influence Russia's privatisation
programme, Russian news agencies reported.
BRASILIA, June 24 (Reuters) - Conservative legislators in
Brazil say they will back interim President Michel Temer through
a growing corruption scandal in return for support for their
right-wing social agenda, including tougher abortion
restrictions and looser gun control.
Despite being an issue that knows no borders, affects all and is of vital interest to future generations, the environment was low on the agenda ahead of the UK's historic vote to leave the European Union. The short answer to what happens next with pollution, wildlife, farming, green energy, climate change and more is we don't know - we are in uncharted territory.
THE HAGUE, June 24 (Reuters) - The Dutch government said on
Friday that it would lower the cap on production at the
Groningen gas field to 24 billion cubic metres a year for the
next five years.
AMSTERDAM, June 24 (Reuters) - The Dutch government has
decided to cut production at the giant Groningen gas field from
its current level of 27 billion cubic metres a year from October
1, 2016, Deputy Prime Minister Lodewijk Asscher said on Friday.
Much has been made of the use of natural gas as a bridge to a clean renewable energy economy. The primary argument in support of natural gas is the fact that it is cleaner than coal and can be conveniently and cost-effectively substituted for it in power generation. Although on its face true, the claim should be considered in a real-world context.
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