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News & Updates

February 8, 2013 U.S. Halts Drilling on Gulf Wells With Flawed Bolts

The Motley Fool - Deep-water oil exploration has been disrupted from the Gulf of Mexico to Brazil by the discovery of faulty bolts used in safety equipment less than three years after the worst-ever U.S. maritime crude spill....

February 8, 2013 States’ Group Calls for 45% Cut in Amount of Carbon Emissions Allowed

Source: NY Times

The Regional Greenhouse Gas Initiative, the country’s first regional system for capping carbon emissions and creating a market in carbon allowances, proposed a fundamental change on Thursday to increase electrical utilities’...

February 8, 2013 ESG issues are key this year

Source: FT Adviser

We recently conducted a survey of fund managers to canvass their views and opinions on environmental, social and governance issues because these factors are playing an increasingly prominent and integral role in our multi-manager...

February 7, 2013 North Dakota's Bakken Oil Finally Hits the East Coast

Source: Bloomberg

One of the downsides of the U.S. oil boom is that all that crude gushing out of the Midwest has outpaced our ability to move it around. The result is a series of bottlenecks like the one in Cushing, Okla., where there are now...

February 7, 2013 Canada not ready for major offshore spill

Source: Reuters

Canada’s offshore petroleum boards are not equipped to cope with a major spill, the country’s environmental watchdog warned on Tuesday in a report that also said the booming energy sector needed more oversight. Environment...

February 7, 2013 With His Fracking Decision Looming, Gov. Cuomo's Political Future Hangs in the Balance

Source: Huff Post

For many months, New York activists have followed Gov. Cuomo wherever he goes to deliver a simple message: ban fracking in the state. Just a few weeks ago hundreds of marchers surrounded the Waldorf-Astoria Hotel, where the...

February 7, 2013 Australian Wind Energy Now Cheaper Than Coal, Gas, BNEF Says

Bloomberg - âThe low and falling costs of renewable energy and high and rising costs of coal- and gas-fired plants suggest that much of Australiaâs new generating capacity is likely to be renewable,â...

February 6, 2013 EPA: Decline in carbon pollution from power plants

Source: US News

WASHINGTON (AP) — Heat-trapping gases from U.S. power plants fell 4.6 percent in 2011 from the previous year as plants burned less coal, the biggest source of greenhouse gas pollution, according to a new government report.

February 6, 2013 Top 15 Users of Clean Energy

Source: Bloomberg

Whatever you've heard about the state of renewable energy in the U.S., it's probably outdated; that's how fast the industry is moving. Renewable-energy capacity in the U.S. has nearly doubled since 2008, while prices have fallen...

February 6, 2013 Duke Energy closing troubled nuclear plant

Source: USA Today

RALEIGH, N.C. — The nation's largest electricity company said Tuesday that it will permanently close its Crystal River Nuclear Plant, which has been shut since 2009, after botched repairs.

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