Daily Archives: May 26, 2010

Mixed reports have been published recently about the current state and future potential of the UK offshore wind industry. While one paper last week suggested offshore wind could provide all our electricity needs by 2050, another recently commissioned report is looking into the threat posed by escalating costs of the technology. Read more

Kate Mackenzie

Several equities analysts believe, based on the likely costs of the spill, BP shares have taken a bigger hit than is warranted. But arguments against this view are emerging.  Read more

Kate Mackenzie

Prices for European allowances may be hovering close to the relatively high price of €15, but carbon traders are ever more gloomy about the outlook for their industry, particularly post-2012, when the Kyoto protocol expires. Along with a host of senior climate officials, they’re not expecting an agreement to be struck this year in Cancun.  Read more

Kate Mackenzie

A summary of a report (plain text version) presented by BP about its preliminary investigation into the causes of the Deepwater Horizon accident has been published by two Democrat congressman.

The summary refers to a multitude of possible warning signs in the 24 hours leading up to the accident, including mention of a “fundamental mistake” in response to negative pressure test results, which were one of the areas of focus in the Committee’s hearings earlier this month.  Read more

Kate Mackenzie

- Interpreting the oil plume footage

- Diving in the Gulf’s toxic soup

- Everything you wanted to know about the top kill

- BP’s ties to agency are long and complex

- 39m gallons and counting… [And more] Read more

Kate Mackenzie

- BP chairman takes on US critics – FT

- BP probe finds warning signs before explosion – FT

- Alyeska trans-Alaska pipeline shuts down after crude leak – Bloomberg

- US regulator in charge of drilling in bribery case – FT

- Washington a lonely place for oil group – FT

- BP’s ties to agency are long and complex

- Washington faces fire over oil leak – FT

- Leiberman: Climate bill to floor in mid-summer – The Hill [And more] Read more