Top 4 stories
1) US energy: Hillary Clinton announces renewables policies to push solar, wind
The leading presidential candidate has said she wants half a billion solar panels installed within four years of her getting into office and a major shift to solar, wind, advanced biofuels and energy savings within a decade of her election (if indeed it happens) – with the goal of every US home being powered by renewables by 2027.
Her campaign told Reuters this would mean about a 700% increase in solar by today’s standards and eventually it would mean a third of electricity coming from renewables.
Clinton also said she would fight efforts to roll back Obama’s regulations to curb CO2 emissions from power plants.
She said the two policies were part of her climate change agenda, which would be released over the next few months.
In a video statement, Clinton also reproached Republicans for refusing “to accept the settled science of climate change” and cast her push as a fight for children and grandchildren.
2) Oil prices: US adds 21 rigs last week – but price tumbles and layoffs expected
US energy companies added 21 rigs last week, the biggest rise since April 2014.
US oil prices rebounded somewhat this Spring – but instead of prices continuing that upwards trend, they fell over 20% in the since mid-June to $48 per barrel on Friday.The price fell on oversupply worries about the US and Iraq.
The low oil price could lead to layoffs, asset sales and financial maneuvers, WSJ reported.
Brent Crude is around $54 per barrel.
3) China coal: Output from the country continues to fall – but China coal miner plans Galilee mine
Coal output in China, the world’s largest coal producer, continued to decline in the first half of 2015, but at a slightly slower pace, latest official data reported by Xinhua shows.
China’s coal production fell 5.8% year on year in the first six months, compared with a 6% drop in the January-May period.
China’s overall energy consumption rose 0.7% in the first half of 2015 compared with the same period last year, other official figures state. A fall in coal use was offset by increases in oil, natural gas and renewable power consumption.
China’s biggest coal producer, Shenhua Group, plans to list its wind farm assets in an initial public offering in Hong Kong valued at up to $1 billion, according to Reuters.
Meanwhile, an environmental impact assessment shows a sixth coal mine could be planned for Australia’s Galilee basin – this time backed by China’s Macmines.
4) Arctic: Fennica arrives in Porland, Oregon & doubts raised over Arctic researcher deaths
Also in Arctic news, a Cambridge Professor has made the astonishing claim that three scientists investigating the melting of Arctic ice may have been assassinated, The Telegraph reports.
In other news
Mafia and multinationals milk Italy’s green energy boom, writes Phys.org
Japan environment minister plans to oppose two coal power plants over CO2 target fears, Nikkei Says
Nat Geo does a Q&A on fracking, quakes, and drinking water.
HP will power its five Texas data centres with 100% renewable energy, bought from SunEdison, reports Clean Technica.