Daily Archives: May 4, 2010

Kate Mackenzie

One of the most striking accounts of the final hours at Copenhagen was notable not just for its controversial portrayal of China’s role in the negotiations, but the drama that was involved — heads of state banging microphones and throwing up their hands in despair. Now there is more detail on the drama from Der Spiegel, which has some ‘leaked tapes’ from a December 18 meeting.  Read more

That’s that value wiped off BP’s market capitalisation following that oil spill in the Gulf of Mexico: [chart]. And seemingly the more analysts say the share price fall has been an overreaction, the further BP falls. Read more

Kate Mackenzie

One of the big questions as oil prices are staying above $80 — and prompting all kinds of concerns — is what Saudi Arabia will do. And it seems to be walking the talk on trying to avoid demand destruction. But will its output boost actually affect prices?  Read more

Kate Mackenzie

Coal is cheap and plentiful – but less so when externalities are priced in. This may be happening faster than expected, with even emerging economies are showing signs of weighing up the lure of coal with its pollution costs. Read more

Kate Mackenzie

- Oil cleanup technology isn’t keeping pace

- Drilling, disaster, denial

- How bad is the spill?

- IPCC review panel formed

- Environmental disasters as regulation catalysts

- How technology failed in the Gulf spill [And more] Read more

Kate Mackenzie

- BP under pressure over spill costs – FT

- Schwarzenegger withdraws support for offshore drilling – SF Chronicle

- Oil containment system could deploy next weekend – Rigzone

- Overflights show no impact on US shoreline – Dow Jones

- Spill to cost insurers up to $1.5bn – FT

- Google invests in two wind farms – WSJ [And more] Read more