Tag: Italy

Kiran Stacey

Solar panelsAs Italy becomes the latest European government to consider changing its solar subsidies, ministers should pay attention to today’s report into green investment from the Pew Environment Group.

The report looked like good news for European governments. Private investment into renewables in the European region totalled $94.4bn, about $20bn more than in 2009, and more than any other world region.

Germany and Italy both surged, with more than 100 per cent growth in investment in small-scale solar installations.

Breaking at pixel time — Reuters quoting an Italian government source that ‘informal’ Opec talks have begun on raising output if Libyan supply collapses (only for the Saudi oil minister to deny that Opec will consider extraordinary talks.)

Which is precisely what the supply has been doing (the country’s gas exports aren’t looking too hot either). Italy has every incentive to do something about it of course, given its ample Libyan exposure in both resources.

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