Energy Update

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PARIS, Dec 13 (Reuters) - For the most part, big business wanted one thing from the climate accord in Paris on Saturday: a price on carbon dioxide (CO2) emissions.

TEL AVIV, Dec 13 (Reuters) - Representatives of Fosun International will arrive in Israel in the coming days to discuss the process of its agreed deal to buy control of Israeli insurer Phoenix Holdings from Delek Group .

TEL AVIV, Dec 13 (Reuters) - The Tel Aviv Stock Exchange on Sunday suspended trading in Delek Group and its insurance business Phoenix Holdings due to events related to Fosun International, the Chinese company that had agreed to buy a controlling stake in Phoenix.

MOSCOW, Dec 13 (Reuters) - The Kremlin is trying to reassure residents of Crimea, left in the dark after electricity supplies from Ukraine were cut off, that it is coming to their rescue by installing a power link with Russia.

MARY, Turkmenistan, Dec 13 (Reuters) - Turkmenistan on Sunday started work on its part of a natural gas pipeline to Afghanistan, Pakistan and India (TAPI), a $10 billion project designed to reduce its dependence on gas sales to Russia and China.

PERTH, Dec 13 (Reuters) - - Australia has reversed a decision banning its clean energy fund from investing in wind power projects in the first sign that energy policy will be more favourable toward renewables under new leader Malcolm Turnbull.

BEIJING, Dec 13 (Reuters) - A senior ethnic Uighur security official was killed in a police raid on a "nest of terrorists", Chinese state media reported, giving details on a previously unannounced operation in the violence-prone far western region of Xinjiang.

PERTH, Dec 13 (Reuters) - Australia has reversed a decision banning its clean energy fund from investing in wind power projects in the first sign that energy policy will be more favourable toward renewables under new leader Malcolm Turnbull.

WASHINGTON, Dec 12 (Reuters) - U.S. President Barack Obama on Saturday hailed the landmark climate accord reached in Paris as strong and historic, calling it the best chance to save the planet from the effects of global climate change.

On the final day of the United Nations Framework Convention on Climate Change (UNFCCC) 21st Conference of Parties (COP21) in Paris, the countries of the world reached an agreement to combat climate change and make investment towards a low carbon future.

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