City experts believe the agreement hammered out between BP and President Obama should help it to rebuild its relationships in Washington, and protect the company’s future. But with three quarterly dividend payments axed, investors will bear the pain for many months.
Green activists using helicopters, divers and rotten butter yesterday confronted Libyan and Italian fishermen to release hundreds of threatened bluefin tuna which they strongly suspect were illegally caught off the Libyan coast.
TVA has inked four deals to purchase wind power generated in Illinois and Kansas.
The federal utility said today that the contracts will allow it to purchase up to 815 megawatts of renewable wind energy, and will move it closer to a goal of having more than half its power generation come from non-carbon emitting sources”
Having provided 12 consecutive monthly updates on the level of foreign oil imports in the U.S. last year, energy expert T. Boone Pickens said that based on the latest figures from the U.S. Department of Energy’s Energy Information Administration (EIA), the U.S. imported 63% of its oil, or 4.35 billion barrels in 2009, sending nearly $265 billion, or $502,473 per minute, to foreign governments. “
Eli Kintisch at Science Magazine just published, “2009 Hottest Year on Record in Southern Hemisphere.” He quoted NASA mathematician Reto Ruedy of the Goddard Institute for Space Studies on the as-yet-not-released December and yearly data.
We’ve all been waiting for NASA’s final report on the year — to see whether 2009 will be the second hottest year on record and whether NASA would make an official prediction that 2010 is likely to be the hottest on record, as the UK’s Met Office has and as Hansen himself did
“Three wind farm schemes with a combined capacity of almost 260MW have been approved by the Scottish Government this week.
A new £80 million wind farm consisting of 21 turbines with a capacity of 52.5MW is to be built near Thurso, while fourteen new turbines have also been approved for the existing Rothes wind farm, at Cairn Uish near Elgin, bringing its total capacity up to 95MW.
And, Scottish energy minister Jim Mather today (January 14) announced that a 33 turbine, 118MW wind farm at Muaitheabhal, dubbed the “first large scale wind farm in the Western Isles”, has also been given the go ahead.”
Management consulting firm McKinsey & Co. came out with new research today that suggests electric vehicles, including battery-electric and plug-in hybrid electric cars, could make up as much as 16 percent of new car sales in New York City come 2015, or as many as 70,000 cars.
It is a project which takes residual heat and CO2 from Dutch fertiliser manufacturer Yara and using infrastructure supplied by partner company Visser & Smit Hanab, pipes them to vegetable growers in the nearby Terneuzen commercial greenhouse project.
From the release:
WarmCO2 will be redistributing up to 84MW of residual heat and 70,000 tons of purified CO2 per year. The CO2 is used by growers to enrich the greenhouse atmosphere and encourage crop growth. Normally they would use a natural gas fired boiler to produce both CO2 and heat throughout the growing season, or a combined heat and power installation that supplies heat, CO2 and electricity, which is then fed back to the national grid.
As a result of the Terneuzen greenhouse project the redistribution of heat and CO2 from Yara via WarmCO2 will save some 52 million m3 of natural gas, which translates into a 90% reduction in fossil fuel consumption. This makes Terneuzen one of the most sustainable commercial greenhouse developments in the Netherlands.
This is being made possible by the “Green Projects” initiative of the Dutch ministries of Health & Environment, Agriculture and Treasury. This initiative offers fiscal benefits to ‘green’ investors and savers, which in turn allows banks to offer financial loans at lower interest rates. Under the Green Projects initiative a maximum of € 25 million can be made available per project.
ABN AMRO are the banking partner in this project and they stumped up the maximum €25 million (out of a total investment of €80 million in the project).