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News & Updates

June 14, 2012 Idea of limited NY fracking divides energy camps

Source: BusinessWeek

Landowners along New York's southern border who support natural gas drilling are cheered by reports that the Cuomo administration is considering allowing hydraulic fracturing on a limited basis in towns that want it, though...

June 14, 2012 Welspun plows $1bn into Indian wind farms - businessgreen.com

Source: BusinessGreen.com

Bloomberg New Energy Finance calculated the penalties came to a total of about 446 million rupees and were likely to make it more costly for developers to raise finance. The Asian Development Bank estimates India will need an...

June 13, 2012 U.S. Energy Output Jumps as China Spurs Global Demand, BP Says

Source: Bloomberg

Shale production made the U.S. the world’s largest gas producer and the country’s oil output climbed more than any nation outside the Organization of the Petroleum Exporting Countries in 2011, BP said today in its annual survey....

June 13, 2012 Shale jobs to multiply for years, study says

Source: Vindy.com

Ohio and Pennsylvania already rank in the top 10 nationally in terms of jobs created by shale-gas production. In the next 25 years, each state will experience significant growth in terms of shale jobs, said John Larson, primary...

June 13, 2012 Cardon Tax to blame for hike in electricity costs (Australia)

Source: News.com.au

The national campaign against carbon pricing intensified today with news the scheme was largely responsible for the steep rise in NSW electricity prices.

June 13, 2012 Iran's oil exports plummet as sanctions bite, agency says

Source: Reuters

Iran's oil exports have fallen by an estimated 40 percent since the start of the year as Western sanctions tear into the country's vital oil industry, the International Energy Agency said on Wednesday.

June 13, 2012 Shaky Battery Maker Claims an Advance

Source: NY Times

DETROIT — Lauded during a visit by President Obama, A123 Systems was supposed to be a centerpiece of his administration’s effort to use $2 billion in government subsidies to jump-start production of sophisticated electric...

June 13, 2012 Diesel exhaust causes cancer, warns WHO

Source: Times of India

World Health Organisation's (WHO) cancer research agency classified diesel engine exhaust as cancer-causing on Tuesday, and urged action to reduce human exposure to it.

June 13, 2012 EU May Soften Draft Energy Savings Law, Drop CO2 Set-Aside Call

Source: Bloomberg

The European Union may soften a planned energy efficiency law and drop references in that legislation to withdrawing permits from the bloc’s carbon market, according to EU officials. Representatives of national governments and...

June 12, 2012 Fracking in Ohio Sparks Real Estate Rebound: Mortgages

Source: BusinessWeek

The clamor of bulldozers on a patch of former farmland in rural Carroll County, Ohio makes Glenn Enslen, the county’s economic development director, feel “like an eight-year-old kid on Christmas morning,” he said.

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