Headline News:
- Opinion: “Oil Investment Crash Could Continue For Another Year” • Investment in upstream operations in the oil and gas industry shrank by a quarter last year and is expected to continue to shrink this year by another 24%. Next year the trend could continue, for the longest investment decline period in the history of the industry. [OilPrice.com]
Offshore oil rig
- The price of solar PV continues to fall. On Monday, a new record low of 2.42¢/kWh was set in a tender for a large solar park in Abu Dhabi, not by an industry outlier but by the biggest manufacturer of solar modules in the world, JinkoSolar. Even this could be beaten, as there are reports of another, lower bid coming. [RenewEconomy]
- Canada’s federal environment minister made a huge announcement on Canadian television’s Question Period. The central government has come out for nationwide carbon pricing. It will soon levy a minimum national carbon price on any province that lacks adequate plans to reduce its own greenhouse gas emissions. [CleanTechnica]
- A federal appeals court ruled it will take more time to consider a request from the Standing Rock Sioux Tribe for an emergency injunction against the Dakota Access pipeline. But at the same time, the US Army Corps of Engineers issued a Special Use Permit for protesters to legally occupy federal land at Lake Oahe. [CleanTechnica]
- Avangrid Renewables representatives, joined by Vermont Governor Shumlin and local elected officials, broke ground on Deerfield Wind today in Searsburg, on US Forest land. The 30-MW project will include 15 Gamesa wind turbines, and it will provide enough energy each year for about 14,000 Vermont households. [Vermont Biz]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
September 20 Green Energy News posted first on Green Energy Times
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