Panasonic criticises ‘damaging’ UK cuts to solar panel subsidies. “Do not push the bird out of the nest before it can fly”, says UK boss.
Minerals Council of Australia TV ad labelled “ludicrous” and “desperate”. The ad insists that “coal is amazing.”
The Elders urge world leaders to step and clear roadblocks to Paris deal. The climate talks are stuck again in Bonn.
UK government subsidy cuts “ignored job losses”. BPVA boss says Secretary of State Rudd told him this in a private meeting. DECC says it does not recognise the comment.
Tory supporters more in favour of wind than shale. So a poll shows, despite Conservatives moving to curb onshore windfarms and encourage fracking for shale gas.
“Coal is fast becoming the telegraph to renewable energy’s Internet”. So write David Hochschild & Danny Kennedy. The 4 US top stocks in 2011 have dropped 98% in value since.
EDF admits delay to new UK reactor. The planned £24.5bn plant at Hinkley Point in Somerset will now not come online until after 2023.
E.ON broadens solar activities in US. Construction begins at 20MW Maricopa West, the German utility’s second utility-scale solar project in California.
“Moment of truth draws near for troubled Yingli.” The Chinese solar giant, as recently as 2013 was the world’s biggest supplier of PV modules by volume, has postponed its Q2 results.
UK government’s plans to end support for solar farms could be open to legal challenge. So argues Solarcentury’s Frans van den Heuvel. And they will save billpayers negligible sums.
Big Six energy companies have ‘quietly abandoned their green electricity tariffs’. This is “an appalling abdication of responsibility”, says 38 degrees.
Obama makes urgent appeal in Alaska for climate change action. Says US is partly to blame for what he calls the defining challenge of the century and will rally the world to counter it.
“Low crude price puts pressure on US banks over oil and gas loans”: FT. “US banks under pressure from regulators to move quickly in classifying oil and gas loans as troubled assets.”
Wind and solar increasingly competitive with fossil baseload: IEA. Onshore wind is the lowest cost renewables technology, an IEA LCOE studdy of 22 countries shows.
British Gas and SSE burning more coal than they were ten years ago. They have cut back on more expensive gas power.