Poweralternatives News headlines July 04, 2009
: July 01, 2009
It has taken nearly a year for the Chinese company CNOOC–New Energy Investment to carry out due diligence on Aim-traded Altona Energy’s Arckaringa coal project in South Australia. Big and powerful companies tend to work slowly,
Full story...
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 18, 2009
In the space of a week Aim-listed carbon trader EcoSecurities has received and rejected two bids. The first bid, on June 5th, came from EcoSecurities’ co-founder and former chief executive, Dr Pedro Moura Costa, who offered 60p a
Full story...
News: June 17, 2009
The credit crunch is hurting wind power, as developers fail to secure finance for turbines. One of the affected turbine manufacturers is US-based, Aim-listed Clipper Windpower which has seen clients defer turbine orders into
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: June 02, 2009
Last June UK-based TMO Renewables commissioned an £8 million demonstration plant in Surrey with the capacity to produce 1.4 million gallons of alcohol or “beer” a year. The plant uses proprietary technology that consists of
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 25, 2009
President Obama’s announcement last week of new tough fuel economy standards for American cars resolves a long-standing federal-state political arm-wrestle and makes a major contribution to reducing greenhouse gas emissions in
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...