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NIMBY: The Battle for Britain’s Clean Energy Future

NIMBY: The Battle for Britain’s Clean Energy Future

The UK government faces growing…

The Dramatic Fall of Mexico’s Oil Giant

The Dramatic Fall of Mexico’s Oil Giant

Mexico's state-owned oil company, Pemex,…

News

Report Suggests Closing 353 US Coal Plants which are Too Uneconomical to Run

Report Suggests Closing 353 US Coal Plants which are Too Uneconomical to Run

Nov 15, 2012 at 16:55 | Joao Peixe

The Union of Concerned Scientists (UCS), a nonprofit science advocacy group based in the United States, has written a report that analyses America’s coal power plants and determines that 353…

Global Wind Energy Outlook: The Future of the Wind Industry

Global Wind Energy Outlook: The Future of the Wind Industry

Nov 15, 2012 at 16:54 | James Burgess

The Global Wind Energy Council (GWEC) has just released its Global Wind Energy Outlook report for 2012, in which it has studied a number of different, varying scenarios for…

Oil Prices Rise After Israeli Airstrikes Kill Leader of Hamas's Militant Wing

Oil Prices Rise After Israeli Airstrikes Kill Leader of Hamas's Militant Wing

Nov 14, 2012 at 17:21 | Joao Peixe

Oil prices have risen following Israeli attacks in the Gaza strip which killed Ahmed al-Jabari, the leader of Hamas’s militant wing. Traders fear that the whole Middle East is reaching…

Warren Buffett's MidAmerican Looking to Invest in Renewable Energy Projects

Warren Buffett's MidAmerican Looking to Invest in Renewable Energy Projects

Nov 14, 2012 at 17:20 | Charles Kennedy

Patrick Goodman, the Chief Financial Officer of MidAmerican Energy Holdings Co., the electric utility owned by Warren Buffett’s Berkshire Hathaway Inc., has announced that the company will looking to invest…

Gazprom Announce Possible Natural Gas Pipeline Direct to Britain

Gazprom Announce Possible Natural Gas Pipeline Direct to Britain

Nov 14, 2012 at 17:19 | James Burgess

The Russian natural gas giant, Gazprom, has revealed that next year it may sign a deal to extend its network of pipelines to reach Britain.Back in June Alexei…

Australia Cancels Giant $1.5 Billion Solar Dawn Project

Australia Cancels Giant $1.5 Billion Solar Dawn Project

Nov 14, 2012 at 17:18 | Joao Peixe

Australia’s giant, 250 megawatt, $1.5 billion Solar Dawn solar thermal power plant, planned for development in south-west Queensland, has been cancelled.The Solar Dawn Consortium, led by Areva Solar,…

McLaren to Supply Technology for Formula E Championship

McLaren to Supply Technology for Formula E Championship

Nov 13, 2012 at 17:23 | Joao Peixe

Formula E is a new motorsport which will use electric cars. IT is intended to promote public awareness of electric vehicles, and at the same time increase the rate of…

IEA: The US could Become the Largest Oil Producer in the World

IEA: The US could Become the Largest Oil Producer in the World

Nov 13, 2012 at 17:22 | Charles Kennedy

In the 2012 edition of the World Energy Outlook, the International Energy Agency (IEA) announced that the US could grow to overtake Saudi Arabia and become the largest producer of…

Iran Unveils Three New Missile Systems as a Warning to Enemies

Iran Unveils Three New Missile Systems as a Warning to Enemies

Nov 13, 2012 at 17:21 | James Burgess

This week Iran is undertaking its largest ever military exercise, stretching across huge swathes of the country, and involving about 8,000 elite and regular army troops backed by bombers and…

EC Announce the Withdrawal of 900 Million Carbon Allowances from Market

EC Announce the Withdrawal of 900 Million Carbon Allowances from Market

Nov 13, 2012 at 17:20 | Joao Peixe

The European Commission has announced its plans to delay the auction of some 900 million carbon emission allowances, in an attempt to rescue the collapsing carbon market. The 900 million…

Japan's Last Remaining Nuclear Power Plant may be Built on an Active Fault Line

Japan's Last Remaining Nuclear Power Plant may be Built on an Active Fault Line

Nov 12, 2012 at 16:51 | Joao Peixe

Following the disaster at the nuclear power plant in Fukushima last year, nearly all of Japan’s reactors have been shut down. The only power plant to remain operational today is…

Man Uses a Toyota Prius to Power his House During Weeklong Blackout

Man Uses a Toyota Prius to Power his House During Weeklong Blackout

Nov 12, 2012 at 16:49 | James Burgess

In the wake of Hurricane Sandy millions of people in New York and New Jersey were left without power for days; some for more than a week.Rather than…

IEA: Renewables to Become the Second Largest Energy Source in the World by 2015

IEA: Renewables to Become the Second Largest Energy Source in the World by 2015

Nov 12, 2012 at 16:47 | Joao Peixe

The International Energy Agency (IEA) has just launched its 2012 edition of its World Energy Outlook, in which it has stated that energy around the globe is changing “in a…

UK Unveils its First Ever Energy Efficiency Strategy

UK Unveils its First Ever Energy Efficiency Strategy

Nov 12, 2012 at 16:46 | Charles Kennedy

The UK Department of Energy and Climate Change (DECC) has just recently unveiled its first ever national Energy Efficiency Strategy, which offers a wide ranging package for increasing energy…

Goldman Sachs Trader Accused of Illegally Hiding $8.3 Billion Position

Goldman Sachs Trader Accused of Illegally Hiding $8.3 Billion Position

Nov 09, 2012 at 17:30 | Charles Kennedy

Matthew Marshall Taylor, a vice president and trader on the Capital Structure Franchise Trading desk at Goldman Sachs Group Inc., has been accused by US regulators of hiding trades in…

Japan Looks at Floating Solar Plants as Protection from Earthquakes

Japan Looks at Floating Solar Plants as Protection from Earthquakes

Nov 09, 2012 at 17:28 | James Burgess

Japan is still haunted by last year’s disaster at the Fukushima nuclear power plant. The resource poor country is trying to find a suitable replacement for its nuclear power industry…

Iranian Aircraft Shoot At Unarmed US Predator Drone in International Waters

Iranian Aircraft Shoot At Unarmed US Predator Drone in International Waters

Nov 09, 2012 at 17:27 | Joao Peixe

The Pentagon has just announced that one of its unarmed, unmanned MQ-1 Predator drones was fired upon by Iranian aircraft whilst performing routine surveillance in international waters, 16 nautical miles…

George Osborne: The UK Must Become World Leaders in Energy Storage

George Osborne: The UK Must Become World Leaders in Energy Storage

Nov 09, 2012 at 17:26 | Joao Peixe

George Osborne, the British Chancellor of the Exchequer, has given a speech to the Royal Society in which he stated that the UK must become a global leader in several…

Rationing Gasoline in New York will not Work

Rationing Gasoline in New York will not Work

Nov 09, 2012 at 17:25 | Editorial Dept

Crain's New York Business reports Mayor calls for gas rationing in NYC. Mayor Michael Bloomberg on Thursday called for gas rationing in New York City to begin Friday,…

Marc Faber: Obama is a Disaster for Business and a Disaster for the US

Marc Faber: Obama is a Disaster for Business and a Disaster for the US

Nov 08, 2012 at 17:20 | Joao Peixe

Yesterday it was Jim Rogers despairing over Obama’s re-election, today it’s Marc Faber, are there any financiers out there who are happy with the results of the election?

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