Daily Archives: February 23, 2010

William MacNamara

On Energy Source:

Antarctic ice is melting, supporting global warming claims

Elsewhere:

North Sea oil and gas reserves greater than thought (BBC)

Shell says: Nigeria’s proposed reform of oil industry could drive away $50bn in investment (Reuters)

EU will meet target of producing 1/5 of power through renewables by 2020 (Guardian)

DNO seeks growth outside Iraq as remains mired in Kurdistan oil payment dispute (Bloomberg)

Shell may seek euros 800m for LPG unit (Bloomberg)

Algae as fuel defended (NYT Green Inc)

Sheila McNulty

A new study of Antarctic ice suggests that in spite all the fuss around climategate, the controversy over whether scientists have withheld facts casting doubt on the theory of global warming, there continues to be evidence that the world is heating up. The latest evidence is from the US Geological Survey, which said its research is the first to document that every ice front in the southern part of the Antarctic Peninsula has been retreating from 1947 to 2009, with the most dramatic changes occurring since 1990.

Energy suppliers urged to cut prices (FT)

Debate heats up on weather and oil demand (FT)

UK company begins drilling off Falklands (FT)

International Power remains in play (FT)

Oil traders boost long positions for first time since January (Bloomberg)

Shares of US ethanol producers rise sharply (WSJ)

Sheila McNulty

As Congress continues to argue over how best to regulate carbon emissions, the Obama Administration is moving forward to do it on its own. Lisa Jackson, administrator of the US Environmental Protection Agency, has issued the timeline she expects to follow. She said no facility will be required to address greenhouse gas emissions in Clean Air Act permitting of new construction or modifications before 2011.

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