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Business

Energy

US shale boom starts to fade

shale

3:48pm For the past three years, the boom in the US shale oil industry has outstripped all expectations. That may be starting to change.

When the Sun King's luck ran out

Zhengrong?Shi, chief executive officer of Suntech Power Holdings Co., stands for a ribbon cutting ceremony during the opening of Smart Energy Week 2012 in Tokyo, Japan, on Wednesday, Feb. 29, 2012. The trade show on products and technologies from energy industries takes place through March 2.

A close look at the rise and fall of Australian-trained Shi Zhengrong and the solar giant Suntech Power he helped build.

EU should cull fossil fuel subsidies: Poland

Coal is our black gold.

The European Union should scrap fossil fuel and renewable energy subsidies and set a target to cut oil imports to remain the leader in the fight against global warming, according to Poland’s environment minister.

Crossroads for Europe's carbon capture efforts

x

Gerard Wynn While Europe join Australia in cutting back support for carbon capture and storage efforts?

Carbon

Blowing the carbon budget

green world

John Kemp The carbon budget is destined to be another one that politicians - and the rest of us - break.

Greenland melt threatens to shift northern climate

Melted ice water flowing through the landscape in Greenland in this undated photo.

Greenland ice melting at an expanding pace may begin cooling the North Atlantic and increasing the severity of storms by 2075, said James Hansen, the former NASA scientist who raised concerns about global warming in the 1980s.

Energy

Australian coal miners face China cap

China coal

PETER HANNAM China's new leadership has a new slogan - 'control coal' - and Australia's coal exporters underestimate their resolve to cap consumption of the fossil fuel at their peril, a Chinese researcher says.

Obama secures energy chief, EPA next

obama

President Barack Obama's energy and environment team takes two steps forward after a key vote.

Energy

Solar panels catch up with wind

solar

Gerard Wynn Solar panels were cheaper than wind turbines for the first time last year in certain markets, per unit of capacity, and are rapidly closing a remaining gap in the full cost of power generation.

Trade

China warns EU over solar tariffs

China warned the European Union hat duties on Chinese solar panels would "seriously harm" bilateral trade, upping the tone of criticism a week after the EU said it would move ahead with hefty penalties in June.

Autos

Tesla extends surge as investors pile in

John Efkarpidis from Googong with his Tesla Roadster Sports electric car

Tesla Motors Inc., the electric-car maker run by Elon Musk, surged as much as 12% on investor confidence in Musk's plan to boost his stake in the company that's selling as much as $US830m in shares and debt.

Tar sands make climate change 'unsolvable': Hansen

tar sands

Exploiting oil and gas trapped in tar sands and shale threatens to make climate change 'unsolvable' said James Hansen, the former NASA scientist who raised concerns about global warming in the 1980s.

Markets

German split may delay EU carbon fix

Euro zone focuses on Germany  (Thumbnail)

Chancellor Angela Merkel's coalition blocked an opposition move to debate and vote on Europe's carbon market, highlighting the government's reluctance to take a stance on a proposed fix before Sept. 22 elections.

Sci-tech

Aussie scientists print flexible solar panels

Watkins

Miles Godfrey Australian scientists have found a way to print large but extremely lightweight and flexible solar panels like money.

Markets

China's carbon market unlikely to go global for decades

A girl stands before portraits of former Chinese leaders (L - R) Zhou Enlai, Mao Zedong and Liu Shaoqi in Beijing on February 26, 2013. On March 5 China will convene a key legislative session, state media reported, with new Communist Party chief Xi Jingping set to become president during the two-week meeting. AFP PHOTO / Ed Jones

China, the world's largest greenhouse-gas emitter, probably won't import carbon credits for two decades, the nation's climate negotiator said.

China invited into Arctic circle

China is granted observer status by the Arctic Council, giving the world's second-largest economy more influence amid an intensifying search for resources in the globe's most northern region.

Budget

Poor lose out in energy efficiency cuts

Dimplex heater

PETER HANNAM Government plans to slash energy efficiency programs will fall hardest on poorer households and local governments despite their sizeable returns on spending, industry experts say.

New York to face superstorms every two years

The aftermath of superstorm Sandy off the US east coast.

New York will endure catastrophic flooding from storms such as Superstorm Sandy every two years by the end of the century because of the impact of climate change, according to experts.

Sea level rises to exceed IPCC estimates: study

(NYT39) UNDATED -- January 7, 2008 -- SCI-GREENLAND-ICE -- Melted ice water flowing through the landscape in Greenland in this undated photo. A scientific scramble is under way to clarify whether the erosion of the world's most vulnerable ice sheets, in Greenland and West Antarctica, can continue to accelerate. The effort involves field and satellite analyses and sifting for clues from past warm periods, including the last warm span between ice ages, which peaked about 125,000 years ago and had sea levels 12 to 16 feet higher than today's.  (Alberto Behar/JPL/NASA/The New York Times)

Sea levels may rise as much as 69cm through 2100 as water temperatures rise, glaciers melt in the Andes and Himalayas and ice sheets in Greenland and Antarctica shed water, European scientists said.

Rockefeller offers $100m climate aid

2012 in sixty seconds (Thumbnail)

Climate The Rockefeller Foundation marked the centennial of its founding with the announcement this morning of a $100 million global disaster-relief fund aimed primarily at helping cities handle climate-related or man-made disasters.

Trade

Canada ruling offers limited view on solar battles

...

Gerard Wynn Rejection by the world's trade body last week of preferential support for domestic solar panel makers in Canadian province Ontario brings helpful but limited guidance in a growing number of other disputes.

Wrap

Mixed week for renewable energy

Electrity, power, energy.

Renewable energy-related trade disputes stretching from China to Canada grabbed headlines last week, while General Electric and Warren Buffett's MidAmerican sounded bullish on the US wind market.

Energy

Power giant cuts stake in controversial wind farm

wind

PETER HANNAM EnergyAustralia raises $228m from the sale of 75% of its stake in the controversial Waterloo wind farm in South Australia but says it remains committed to the project’s expansion.

Energy

Germany seeks 'amicable' end to China solar tiff

china

Germany distanced itself on Monday from the European Commission's proposal to impose punitive import duties on solar panels from China, saying it would prefer an amicable solution.

Climate

Germany's Merkel eyes tougher carbon targets

Euro zone focuses on Germany  (Thumbnail)

German Chancellor Angela Merkel said she's confident that European Union member states can agree to more ambitious climate protection targets.

Finance

Heavy debt weighs on China's renewable energy sector

Wind farm.

Renewable energy companies from China and Hong Kong need to repay $US3.5b of debt this year, prompting global investors to fret that another issuer will follow Suntech Power into default.

Mining

Glencore Xstrata shelves coal terminal

BRIAN ROBINS Glencore Xstrata has cancelled plans for a coal export terminal in Queensland, citing the poor state of the coal market.

Melting Arctic prompts race for routes, resources

Polar bear

When 16th and 17th century European explorers sailed west in pursuit of a trade route to Asia, their search for a Northwest Passage was foiled by Arctic ice.

Energy

Solar PV price falls to slow

solar panels

Gerard Wynn The latest round of company financial reports suggests that solar module selling prices will continue to fall, although more slowly than previously.

Habitats to shrink without carbon curbs: Nature

rainforest

The habitats of many common plants and animals will shrink dramatically this century unless governments act quickly to cut rising greenhouse gas emissions, scientists said after studying 50,000 species around the world.

Sun power advocacy lights up

Roof top solar panels western Melbourne suburb Tarneit  Wednesday 25 July 2012 Picture by Craig Abraham 
The Age

PETER HANNAM Australian residents with solar panels now less likely to be treated poorly, backers say.

Materials

Waste revolution a boost for 'green' steel

Steel might be a lot more sustainable than you thought.

PETER HANNAM Rubber, plastics and palm waste are not ingredients most people associate with steel girders and beams.

US solar firms take on 'Big Power'

electricity

Major US companies that financed the majority of rooftop solar installations form a lobbying group to counter efforts by 'monopoly utilities' to quash programs that support renewable energy in 43 states.

Energy

Solar shift threatens Western producers

solar

Gerard Wynn US solar module maker and project developer First Solar illustrates wider industry efforts to secure new markets in a shift away from the United States and Europe.

Markets

Carbon market 'champions' undeterred: EU climate chief

Pollution
Global Warming
Factory
Power Station
Air Pollution
Coal
Carbon Dioxide
Smoke
Smog
Industry
Toxic Substance
Fumes
Sky
Global Communications
Dramatic Sky
Chimney
Global Business
Ozone Layer
Energy
Fog
Fuel and Power Generation
Warming Up
Cloud
Technology
Cloudscape
Heavy
Blue
Grey
Sulphur
Fossil Fuel
Awe
Steam
Cooling Tower
Multi-Layered Effect

Carbon-market supporters from China to California will push for emissions trading even as they prepare for the end of the United Nations Kyoto Protocol in seven years, Europe's top climate negotiator said.

Trade

Chinese 'knee-capping' solar-panel rivals

solar

PETER HANNAM Australia's sole remaining maker of solar photovoltaic panels has called on the government to save local skills in the industry.

Trade

EU to slap hefty tariffs on Chinese solar PV

Solar Panel

The European Union is planning to impose tariffs of as much as 67.9% on solar panels from China to counter unfair pricing in the largest EU trade dispute of its kind, according to a commerce official from the bloc.

Energy

Canada threatens EU over oil sands block

tarsands

Canada threatened on Wednesday to take the European Union to the World Trade Organisation over its plans to label Canadian oil sands as dirty, but promised not to delay a bilateral trade pact.

Markets

EU's carbon crisis blows back on Australia

State governments that own energy sector assets will be able to continue to pocket billions of dollars in interest.

The unprecedented collapse in European carbon prices is shattering Australia's budget assumptions just as corporate resistance to the market weakens in the developed world's biggest per capita polluter.

ACCC

Solar firm placed under a cloud

solar panels

PETER HANNAM A major solar-panel provider has been accused of making false and misleading claims about the source of its photovoltaic panels and posting fake testimonials on the internet.

Energy

Local wind farm curbs point Windlab offshore

Wind

Peter Hannam Windlab Systems says on-going doubts about over Australia’s renewable energy policies is prompting it to turn to overseas markets for growth - including sealing South Africa's biggest deal.

Energy

Old King Coal dethroned in US

coal

The shale gas boom means coal's share of US power generation has sunk to a record low of 37%, leaving mining communities in turmoil.

Emissions

US budget cuts block methane curbs

Methane.

Methane emissions from coal mines escaped being curbed by the US Environmental Protection Agency, which said mandatory budget cuts didn’t leave it with the resources to determine if the pollution is a significant risk.

Markets

EU to vote on carbon rescue plan in July

European Union Flag in  Budapest, Hungary on 8th Aug 2004. Pictures By Phil Carrick. !!AFR First Use!! Generic -- Europe, Euro, EC,

The European Parliament will hold a second plenary vote in early July on a stopgap plan to bolster prices in the world’s biggest carbon market after it rejected the draft measure last month.

Energy

Samsung tests giant turbine off Scotland

wind

Scotland presses on with plans to cut carbon emissions from the power sector by 80% by 2030.

Carbon

US climate plan would dodge common cuts

Falling yen could pinch US earnings (Thumbnail)

The United States' new proposal to let countries draft their own emissions reduction plans rather than working toward a common target can unlock languishing UN climate negotiations, the US climate change envoy said.

Profile

The surprising rise and rise of Al Gore

Al Gore.

In 1999, Al Gore, then US vice president and a Democratic candidate for president, sold $US6,000 worth of cows. His fortunes have soared ever since.

Policy

Europe faces 'sea-change' against climate policies

Bank liquidity rules watered down (Thumbnail)

Europe's program to halt climate change is in disarray with lawmakers in the region expressing concern the drift is undermining the planet's most significant effort to combat global warming.

Energy

Biggest US solar firm bounces back

At the CIT campus at Bruce, the solar powered car Sunswift from UNSW was on display. UNSW Engineering student, Kristen Casalenuovo, who drives the vehicle on occasions, has it reflected in her glasses.

First Solar, the largest US solar manufacturer by shipments, reported a first-quarter profit as sales from new power projects surged.

Energy

US wind industry braces for Congress fight

The US wind-power industry is expecting a tough battle in Congress as it seeks another extension of a federal tax credit that received a one-year renewal at the last minute in January.

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