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News & Updates
October 21, 2016 France to drop carbon tax plan: Les EchosSource: Reuters
The newspaper, quoting several sources, said the socialist government will not include the carbon tax in a draft 2016 budget update currently being discussed.
Source: American Thinker
A former director of U.K. Greenpeace, Stephen Tindale, has shocked fellow environmentalists by coming out in favor of hydraulic fracturing.
October 21, 2016 Technological, Social and Environmental Development – Why We Should All Connect for GoodSource: Vivian Soares, SIGEF
A new type of social morals has risen on the Internet and beyond. It says that real “sharing” does not stop at posting personal opinions and sel?es on social media, but that it can be the most powerful catalyst for change.
October 21, 2016 U.S. Energy Shakeup Continues as Solar Capacity TriplesSource: Climatecentral.org.
Solar power capacity in the U.S. will have nearly tripled in size in less than three years by 2017 amid an energy shakeup that has seen natural gas solidify its position as the country’s chief source of electricity and coal power...
Source: The Guardian
We have enough data this year to call 2016 as the hottest year ever record – and we have three more months left to go.
October 20, 2016 With big debt deal and rising oil prices, market message is don't 'bet against the Saudis'Source: CNBC
It wasn't lost on investors that Saudi Arabia had bullish things to say about oil prices Wednesday, just as it launched its first-ever international bond deal.
October 20, 2016 Exxon CEO Doesn’t See Supply Shortage Pushing Up Oil PricesSource: Bloomberg
The world’s largest publicly listed oil company says ample production from U.S. shale regions will keep prices subdued for years to come, disagreeing with others in the industry who have warned about a looming shortage
October 19, 2016 U.S. judge signals likely approval of VW diesel buyback settlementSource: Reuters
A federal judge in San Francisco on Tuesday said he was "strongly inclined" to approve a record-setting $10.033 billion proposed buyback and compensation offer from Volkswagen AG for 475,000 owners of polluting 2.0-liter diesel...
October 19, 2016 Saudi Arabia Says Many Nations Will Join OPEC Output CutsSource: Bloomberg
Many nations are willing to join OPEC in cutting production to secure a continued improvement in oil prices, said Saudi Arabia’s Minister of Energy and Industry Khalid Al-Falih.
October 18, 2016 OPEC’s Reversal Is Gift to Oil Majors After Two Years of ‘Hell’Source: Bloomberg
Last month, it surprised the market by deciding to cut production and put a floor under volatile crude prices.
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