Poweralternatives News headlines July 04, 2009
News: June 29, 2009
European Gas Limited (EGL) may be about to undergo another transformation. In 2005 the ASX-listed firm, then trading as Kimberley Oil, was a failed explorer in Australia’s remote Canning Basin. The following year it sold its
Full story...
News: June 28, 2009
Last week, by a narrow margin, the US passed legislation to impose the nation’s first limits on greenhouse gas emissions. It was a victory for President Barack Obama. But the narrowness of the 219-212 vote, however, showed that
Full story...
Feature: June 22, 2009
Last week research led by the Met office forecast that London could have summer temperatures up to 40 degrees C by 2080. The report said that flooding, storms, droughts and heatwaves are all to become more common as a result of
Full story...
News: June 21, 2009
For a change in alternative power it was the turn of equity markets to dominate the action. Among major news for investors interested in commodities was news that Glencore International AG, the world’s largest commodity trader,
Full story...
News: June 14, 2009
The American Energy Act will cut in half the amount of time necessary to permit a new nuclear power plant. The current schedule for new plant permitting - which has already been streamlined - takes approximately four years,
Full story...
News: June 07, 2009
Western countries are using climate change as an excuse to constrain palm oil production in Asia because it competes with Western interests, including conventional fuels, Indonesia's palm oil industry chief claimed last week. The
Full story...
News: May 31, 2009
Commodities headed for the biggest monthly rally in 34 years last week, led by energy, as the slumping dollar and optimism about economic recovery boosted demand for raw materials. In May the Reuters/Jefferies CRB Index of 19
Full story...
News: May 20, 2009
Finally there is some positive news for the wave power sector. The Obama administration has moved to simplify the complex permitting requirements for wave power farms and the US Department of Energy has earmarked US$40 million
Full story...
News: May 18, 2009
A strong recovery in coal prices is being forecast, with London equity broker Evolution seeing an imminent end to the current glut. The seasonal winter rise in global coal demand for power generation, it says, should absorb the
Full story...
News: May 10, 2009
Europe’s new anti-dumping duties have failed to make any impact on imports of US biodiesel as yet. Producers now fear that subsidised deliveries from Argentina, Malaysia and Indonesia could become just as damaging. Producers in
Full story...
News: May 05, 2009
Uranium prices have hit bottom according to research out from RBC Capital Markets last week. RBC pointed to the recent purchases by Japanese and Korean utilities seeking to secure long-term supplies. “We believe that the uranium
Full story...
News: April 26, 2009
Coal got a boost in the UK last week. The government announced plans for a new generation of coal-fired power stations, with the proviso that they must capture and bury at least 25 per cent of greenhouse gases immediately, and
Full story...
News: April 21, 2009
After a number of years trying to find its feet, it seems that ASX-listed Victoria Petroleum is finally hitting its stride. The Perth-headquartered E&P has had its fair share of ups and, more often, downs, from bruising boardroom
Full story...
News: April 19, 2009
It was an electric week – for cars, that is. The UK and the US both crept a little nearer to popularising them, though not yet catching up with Germany, Denmark, Australia, Israel and China. In the UK, Transport Secretary Jeff
Full story...
News: April 15, 2009
Carbon trading investor Trading Emissions has produced the goods – a maiden dividend and promise of more to come. The London quoted closed-end investment company is returning some of its cash to shareholders, despite the recent
Full story...