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Concentration of CO2 in the Atmosphere

February 15 Green Energy News

Headline News:

  • “Arthur Berman: Why Today’s Shale Era Is The Retirement Party For Oil Production” – Podcast guest Arthur Berman, a geological consultant with 34 years of experience in petroleum exploration and production, sees the recent US oil production boost from shale drilling as short-lived and somewhat desperate. [peakprosperity.com]
  • Indian prime minister Modi inaugurated the first Renewable Energy Global Investors Meet. On the first day of the three-day event, 293 companies committed to set up plants to generate 266 GW of renewable energy in 5 years, while banking major SBI said it will finance 15,000 MW renewable energy. [India.com]
  • A report due out in Scotland this month aims to identify the ways to jump-start the stalled maritime wind sector, by enabling price cuts of a third, to £100 per MW/h. Power from less productive onshore wind farms costs £85 per MW/h average. This means offshore wind can be competitive with onshore. [Herald Scotland]
  • The White House has backed solar and wind power projects and touted the benefits of the country’s surging production of natural gas, which burns about 50% cleaner than coal, still the largest source of electricity in the US. It had backed clean coal, but now, the US DOE is beginning to withdraw that support. [Bloomberg]
  • One thing energy companies leave out of their talking points for expanding pipelines in New England is an effort to deliver natural gas to Canada for export. Developers are already moving to send natural gas through Massachusetts to Nova Scotia, where it would be converted to liquefied natural gas and exported. [ecoRI news]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

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