Spot News

- Oil hits $60 for first time in six months
Hopes of global recovery drive gains (FT)

- US set for compromise bill on emissions
Political climate increasingly hostile to cap-and-trade (FT)

- US environmental chief says carbon finding may not ‘mean regulation’
Comments are apparent about-face for Obama administration (WSJ)

- China calls for deeper emission cuts from developed world
Official says China committed to cuts in certain industries (Reuters)

- General Electric to build $100m battery factory
Batteries to power more energy-efficient grids (FT)

- London approves giant wind farm
Project to be world’s biggest offshore wind farm (FT)

- BG agrees deal with China’s CNOOC on Australia LNG
Deal is Chinese company’s second LNG investment in Asia (Reuters)