Daily Archives: September 29, 2009

Ed Crooks

On Energy Source today:

The draft climate agreement to be finalised at Copenhagen still needs a huge amount of work

Will China and Nigeria be able to make their huge proposed oil deal work?

Oil steadies after recent falls


India sets a hugely ambitious goal for nuclear power (Bloomberg)

…and plans to use untested technology (The Guardian)

Cutting fuel subsidies would be a huge step forward in fighting climate change (The National)

A few large discoveries do not mean we can forget about Peak Oil (The Oil Drum)

Looking at the data for Mexico’s declining oil production (Gregor)

Tom Friedman’s “new sputnik” warning assessed (Energy Outlook)

The US looks for new sanctions against Iran, but is unlikely to affect oil its exports or petrol imports (WSJ)

Exelon quits the US Chamber of Commerce over its stance on climate change (NY Times)

Commodity markets steadied on Tuesday with crude oil prices moving modestly lower.

Traders said they expected fresh impetus from this week’s economic data, which was expected to provide further insight into the strength of the global economy’s recovery path.

China seeks big stake in Nigerian oil
CNOOC in talks over one-sixth of reserves (FT)

Nigeria feels pull from east and west
Beijing seeks oil, but western groups won’t roll over easily (FT)

Climate negotiators warn time is running out
Deep divisions remain ahead of Copenhagen summit (FT)

Election boost for German power companies
Shares of Eon and RWE are biggest gainers (FT)

India steps out of shade on solar power
Gujarat state to build world’s largest solar power complex (FT)

Insurers targeted in Iran sanctions push
Removal of cover seen as way to hurt Tehran (FT)

Clean tech investments soar worldwide in third quarter
Greentech report says increase driven by solar power (Reuters)

BP fails to comply with safety standards
Company still falls short 4 years after US refinery accident (FT)

Proglio move to EDF leaves Veolia conundrum
Board to decide on its future structure (FT)

Ed Crooks

With the Copenhagen climate talks in December now just 69 days away (and counting), the latest version of the negotiating text being thrashed out by officials in Bangkok gives a vivid sense of just how far there is to go.

In its 181 pages there were, on one official’s estimate, about 2,000 square brackets, representing passages that were disputed and still needed to be resolved. If you are so minded, you can have a go at counting them yourself.

The text is available at the website of the UN Framework Convention on Climate Change.

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