• Cold Feet: EU To Water Down 2030 Energy Target

    • Date: 22/07/14
    • EurActiv
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    Further efforts are needed by member states to reach the EU’s energy saving target of 20% by 2020, the European Commission said in a leaked draft communication obtained by EurActiv. The Commission also watered down the target for 2030 considerably in the latest draft. Based on an analysis of member state actions and additional forecasts, the […]

  • Germany’s $412 Billion Green Energy Plan Meets Harsh Reality

    • Date: 22/07/14
    • Michael Bastasch, The Daily Caller
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    Germany has been rapidly increasing its green energy production but hasn’t gotten the results it planned. Consumer energy bills have been spiking for years to the point where electricity in the country has been called a “luxury good” The Switzerland-based FAA Financial Advisory AG looked at the consequences of Germany’s “Energiewende” and found that the $412 billion […]

  • The Shale Surge: $80 Billion Economic Boom Is Reshaping North American Cities

    • Date: 21/07/14
    • CNN Money
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    Shale zone communities have discovered yet another benefit from their surging economic growth: more of everything. With $80 billion expected in annual investments over the next six years and rapid population expansion, local infrastructure construction and real estate development in shale formation areas like the Bakken in North Dakota and Eagle Ford in Texas are turning […]

  • Seismic Rift: Obama Splits With Greens On Atlantic Oil Exploration

    • Date: 21/07/14
    • Jennifer A. Dlouhy, Houston Chronicle
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    White House sides with energy companies in dispute with environmentalists The Obama administration on Friday green-lighted a plan to allow the oil industry to search for possible oil and gas under Atlantic waters using air guns and sonic blasts that environmentalists say can harm marine life. Although geophysical research companies still have to apply for […]

  • Hail Shale: Turmoil Abroad Not Yielding Pain At US Pumps – So Far

    • Date: 21/07/14
    • Darren Goode, Politico
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    A strange thing happened in the past few months as Ukraine battled with Russian-backed separatists, rockets flew over Israel and much of Iraq fell to Islamist insurgents: Gasoline prices for U.S. motorists stayed pretty much flat. It’s another sign of the unexpected changes wrought by the shale boom. The price at the pump has even fallen […]

  • U.S. Republicans Take Aim At EPA Climate Rules

    • Date: 20/07/14
    • Benjamin Goad, The Hill
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    US House appropriators on Tuesday approved a $30 billion spending bill designed to block a host of looming Environmental Protection Agency regulations viewed by the GOP as exceeding the agency’s authority. Among the bill’s targets are controversial regulations at the center of Obama’s climate change initiative. Republicans on the Appropriations Committee pushed through the Interior […]

  • After Abbott Victory: South Korea Warns Carbon Market Flawed, Wants Delay

    • Date: 18/07/14
    • Reuters
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    South Korea’s finance minister has called its impending emissions trading market “flawed in many ways”, hinting that he would pressure other ministries to delay the planned 2015 launch, a local newspaper reported. Choi Kyung-hwan, who is also deputy prime minister, said problems had been found with the scheme, which is due to start in January, […]

  • Australia Tax Repeal Is Big Blow To Fight Against CO2 Emissions

    • Date: 18/07/14
    • The New York Times
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     Australia’s repeal of laws requiring large companies to pay for carbon emissions is among the starkest expressions worldwide of how economic concerns have complicated efforts to combat climate change. Analysts are viewing the move as a blow to plans for countries to knit together markets for trading emissions allowances. After a long political battle over the costs of […]

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