On Energy Source

Europe’s greenhouse gas emissions fall, along with emissions permits

…but carbon prices may rise in the next decade

Oil exports from the Kurdish region of Iraq may be close

Elsewhere

The US is backing Abu Dhabi’s bid to develop nuclear power, showing Arab and other countries that they can develop civil nuclear programmes with the blessing of the US, so long as they do not move on into military capability. Iran take note. And as a spin-off, Abu Dhabi’s plans are creating $20bn worth of contracts for nuclear negineering groups (WSJ)

Jean-Claude Gandur of Addax Petroleum, one of the Iraq-invested oil E&Ps closest to reaching commercial viability in the Kurdish region of Iraq, said last week that Baghdad and Erbil were closer than ever to reaching an agreement that would allow Kurdish oil to start reaching international markets through a pipeline running from Iraq to Turkey.

“The [Kurdish regional government] oil minister says he has a full understanding with Baghdad,” Mr Gandur said. They know how to share oil. After weeks and weeks of disagreement, the disagreements have essentially come to nil.”