Green Ink: Global Cooling and Chinese Nukes

October 30, 2009 at 1:27 PM Leave a comment

Crude oil futures hovered near $80 a barrel after strong U.S. GDP growth in the third quarter, Bloomberg reports.

Exxon is shifting its strategy to jumpstart profits after years of spending to boost its share price. And Repsol’s roll continues, with another big find in the Gulf of Mexico, both in the WSJ.

Barbara Boxer

The Senate environment panel will vote on climate legislation Tuesday, Barbara Boxer said, threatening greater tensions with Republicans who are still considering a boycott, in the WSJ.

The political tensions over how or even whether to regulate greenhouse-gas emissions are running high; the WSJ profiles the Chamber of Commerce and its climate stance.

Europeans are trying to figure out how poor European countries should pay poor countries in the rest of the world to fight climate change, in AP. Oh, wait–U.K. Prime Minister Gordon Brown says they’ve found a formula, in Reuters.

What was that about the science being settled? The global cooling, global warming debate gets back into gear. “That has led to one point of agreement: The models are imperfect,” in the WSJ’s Power Shift.

There’s plenty of hand-wringing in the U.S. over Chinese energy competition. When it comes to wind, don’t forget the Europeans, notes the FT’s Energy Source: “If the US wants to win the clean energy race it is so preoccupied with, some long-term industry support would seem in order.”

German companies indeed are excited by the direction the U.S. is taking on clean energy, in Spiegel. And more on the U.S.-China trade talks, including clean energy, in the WSJ.

Okay, so 2009 has been a rough year for solar power. But solar executives are bullish on earnings for next year, in Reuters.

The DOE doles out more than $300 million for more geothermal projects, at Greentech Media.

Does the U.S. government have a double standard on auto emissions? Drop the free ride for carbon emissions from electric vehicles, says Geoff Styles.

China outlines plans for a fast, fourth-generation nuclear power plant, in the WSJ: “The project underscores how China is trying to take a lead in developing cutting-edge nuclear technologies at a time it is planning a massive buildup in its fleet of civil nuclear reactors.” But the need for uranium “is likely to intensify its buying of foreign assets — a scenario already playing out with its other energy sources: oil, gas and coal.”

Ribbon-cutting day for a pioneer clean-coal plant in West Virginia. “This is the ultimate step to make certain that coal stays in the equation in the U.S., because it absolutely has to,” American Electric Power boss Michael Morris tells Bloomberg.

Why not just focus more on natural gas and be done with it?, wonders Robert Bryce.

Finally, Canadian researchers say they may have hit on a cheaper and easier way to turn salt water into drinking water, in The Economist.

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Entry filed under: Energy, Green Help, Green Tech, National News. Tags: , , , .

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