Sunday, June 23, 2013

Build Your Own Solar Panel..You Can!


With energy resources dwindling fast and global warming changing climates across the globe, more people look towards renewable energies for reducing their carbon footprint.  However, even the most environmentally passionate person cannot pursue such endeavors without the proper financial resources.  The professional installation of a solar energy system can cost in the thousands, so many resourceful individuals are turning to the many great resources that help you build your own solar panel.

It is possible to completely build your own solar panel, but for the most part, these panels are small and do not produce the wattage necessary to power more than a simple lamp and only for a couple of minutes.  The most effective way to produce power from the sun, when you can’t afford to hire the professionals, would be with a solar panel kit.  These build your own solar panel kits come with everything you need to successfully build your own solar panel in the comfort of your living room, or the garage may be a wiser choice. 

Surprisingly, build your own solar panel kits are not difficult to find.  With large companies like GE producing these kits, the build your own solar panel sets are very affordable and offer quicker return on your investment than purchasing and professionally installing a solar energy system.  In general the instructions are easy to follow, even for teens and children, and in no time you are on your way to your own solar power system. 

If you are looking to build your own solar panel there are a numerous resources and guides available to help you through the process.  By involving the whole family in the building process, every one will learn how a solar power system works and exactly how the components are put together.  Also, when you build your own solar panel you are giving yourself the knowledge to expand your system on your own, without calling back the installers, and the ability to adapt your current system to meet new design needs. 

Making the choice to build your own solar panel is a great investment for your future and the world’s future.  Start making your own power at home and take advantage of this great way to educate yourself while saving money and helping the environment and learn how to build your own solar panel today.

Monday, June 17, 2013

Could US oil trends changing the definition of the price of oil?



The oil prices were not always defined by a transparent global market. Current pricing mechanisms from precursors much less transparent.Resurgent American production, combined with restrictions on exports of oil, could disconnect the world market for oil, with unexpected results in the United States.
Editor's Note: this piece appeared on the Energy Outlook, Geoffrey Styles blog'.
If you follow the energy closely, you probably lost the number of times that you have heard an economist, Executive or Government representative explained that the oil prices are defined by the global market and not by the oil companies or the Government of the United States.  Although a little too simplified, this statement was valid for about 30 years.  However, it has not always been the case. Current trends in the American production, as well as the regulations in force, make me wonder if it remains accurate in the future, as the United States inches closer to what is commonly called energy independence.
The system based on the market price of oil, with its transparency and easy exchange between the regions, did not the day after.  Until the beginning of the 1970s, Texas played a role similar to the role of producer current swing of Saudi Arabia within OPEC.  Limiting production wells of oil from the State, the Texas Railroad Commission has actually determined the global price of oil - to the extent that it was one-until Texas had no spare capacity left.  That pave the way for OPEC, a succession of oil crises and the controls on oil prices which have been imposed in the 1970s to help manage inflation. Is there also no unique, representative of the oil price.  Instead, the prices were set by the contractual terms of the manufacturers and discounts large refiners could negotiate, or federally.  The current system has emerged in a series of developments in the 1980s.
When U.S. oil price control ended in 1981, oil futures became just underway on the New York Mercantile Exchange.  Heating oil contract was launched in 1980, followed by the West Texas Intermediate (WTI) crude contract in 1983. This combined large-scale oil trader with a level of unprecedented transparency.   It was also important that the United States, most large consumer of oil in the world, became a major oil importer after domestic production peaked in 1970.  Because the refineries on the sides competed for oil supply with refiners on other continents, the price of WTI could not get too far out of proportion to gross imported without creating opportunities for arbitration for traders.  And any part of the United States connected by pipeline to the Gulf Coast was actually linked to the price of oil in Europe, the Middle East and Asia.
After that OPEC miscalculated the response to the very high price of that its members claimed in this period-reaching $100 a barrel in oil demand of today $-global decreased 10% from 1979 to 1983, then the non-OPEC production increased by more than 12%.  Price soon collapsed, and the domination of oil from OPEC markets faded during the major part of the next two decades, during which the futures markets and trade relations of the modern market oil seized.
Which could undermine the current system of oil prices?  He has already resisted recessions, wars in the Middle East, the collapse of the Soviet Union and the explosive growth of Asia, with China, only addition request oil comparable to that of the five largest EU economies.  However, given that the current system relies on the free movement of oil between the regions, everything that prevents this stream could undermine the way in which the price of oil is currently set.
Rejecting the scenarios of conflict, consider the potential impact of sustained growth in the U.S., combined production to flat or declining demand and no change in the current ban on exports of crude oil to the United States most.  The roundabout differential between WTI and Brent crude UK, reflecting the increase in production in logistical bottlenecks from the centre of the continent and graves, gives an overview of what it could be like.  A good part of new U.S. production come in the form of oils lighter than those to which most Gulf Coast refineries have been optimized, keeping the increase we gross production bottled here could result in us divergent crude prices still further world prices, while forcing U.S. refineries to function less effectively and import and export of the finest products.  With oil drastically imports and still banned oil exports, oil US price could be influenced more by the global market of refined products, with its different dynamics and the players, as the global crude oil market.
In some respects, this looks a lot like what many politicians and hawks of energy"have sought for years: a U.S. is no longer subject to requirements of price of foreign oil producers.  However, this scenario could yield all kinds of unintended consequences, including a less competitive us refining industry and higher or at least more volatile prices for gasoline, diesel and jet fuel.  And just as we saw with cheap natural gas, less expensive oil could undermine the economy of non-conventional oil and gas production which makes it possible in the first place.
American oil export policy deserves thorough re-assessment and soon, because a regional impact on a continuous no-export position could become pronounced, even if the United States has never reached global oil self-sufficiency. Such a review should include related regulations, such as the Jones Act shipping restrictions. With oil crude exports to Canada - virtually the only one authorized to export destination for our newly abundant already types of crude growing, some Canadian refineries can be placed to supply the markets of fuel aside East of the United States at less cost than refineries in New Jersey.  Of course, which is considered to be an unintended consequence.

A slightly different version of this advert was previously published on the Pacific Energy Development Corporation Web site.

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Bracing of the Pentagon for public dissent during energy shocks

Keeper

The National Security Agency (NSA) Top secret documents revealed by the Guardian have shocked the world with the revelations of a global surveillance system established in the United States with direct access to Facebook, Apple, Google, Microsoft and other tech giants. New Zealand Court records suggest that data collected through the prism of the NSA system introduced in the alliance's intelligence five eyes whose members include also the UK, the Canada, the Australia and the New Zealand.

But why Western security agencies have developed such an unprecedented ability to spy on their own domestic populations? Since the economic crash of 2008, security services have increasingly touted by political activists, especially from the environmental groups, on behalf of the interests companies. This activity is related to the last decade of planning by the defense, which has been increasingly preoccupied by the risk of civil unrest at home triggered by catastrophic events related to climate change, energy shocks or economic crisis - or all three.

Last month, unilateral changes to military law U.S. officially granted the extraordinary powers of the Pentagon to intervene in an Interior "emergency" or "public disorder":

"Federal military commanders have the power, in exceptional circumstances of emergency where a prior permission of the President is impossible and duly constituted local authorities are unable to control the situation, to temporarily carry out activities needed to suppress civil large-scale, unexpected problems."

Other documents that comprise 'extraordinary emergencies', that the Pentagon is concerned about a range of environmental and related disasters.

In 2006, the American national security strategy warned that:

Destruction of the environment, whether caused by human behavior or cataclysmic mega-disasters such as floods, hurricanes, earthquakes or tsunamis. Problems of such magnitude can overwhelm the ability of local authorities to react and can even overtax national military, which requires a greater international response. »

Two years later, the Department of the army modernization strategy defense (DoD) describes the arrival of a new "era of persistent conflict" because of the competition for "depleting natural resources and overseas markets" refuelling "resources future wars on water, food and energy." The report predicted a resurgence of:

'anti-Government and radical ideologies that potentially threaten the stability of the Government.'

The same year, a report by the Institute of strategic studies of the U.S. Army warned that a series of national crises could cause problems on a large scale of civilians. The path to the 'disruptive domestic shock' could include traditional threats such as the deployment of weapons of mass destruction, alongside "natural and human disasters" or "ubiquitous health emergency" which coincides with "unforeseen economic collapse." These crises may lead to "loss of functioning political and legal order" leading to "purposeful domestic resistance or insurgency...".

"DoD might be forced by circumstances to put its vast resources at the disposal of the civil authorities to contain and reverse violent threats to inner peace. Under the most extreme circumstances, this may include the use of military force against hostile groups inside the United States. "In addition, DoD would, by necessity, a hub enabling essential for the continuity of political authority in a civil conflict in several U.S. States or disruption or across the country."

This year, the Pentagon had begun to develop a 20,000 strong troop force that would be on-site to meet "household disasters" and civil unrest - program would have rested on a 2005 homeland security strategy that emphasized "preparing multiple incidents, simultaneous injured."

The following year, a study funded by the U.S. Army RAND Corp. called for a US force presence specifically to face civil unrest.

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Exxon CEO: US Losing Ground in Natural Gas Exports

AppId is over the quota
AppId is over the quota

From Fox Business

By Matthew Rocco

ExxonMobil (XOM) Chief Executive Rex Tillerson criticized delays in approving more natural gas export projects, saying U.S. companies are losing millions of dollars a day and the nation is losing ground to other countries.

On Thursday, U.S. Energy Secretary Ernest Moniz told lawmakers in Washington that he plans to “expeditiously” begin evaluating more than a dozen applications that are awaiting approval. The applications would allow for the export of liquefied natural gas.

“It’s a very competitive marketplace. It’s not like people are just going to stand at our door like panting dogs just waiting for us to give this (LNG) to them,” Tillerson said, according to Reuters.

Tillerson added that he met with Moniz on Wednesday but left with no clear indication of when Exxon’s Golden Pass LNG project, a $10 billion joint venture with Qatar Petroleum, will receive approval.

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Sunday, June 16, 2013

Godawari Starts Asia’s Biggest Solar-Thermal Power Plant

AppId is over the quota
AppId is over the quota

From Bloomberg

By Natalie Obiko Pearson

Godawari Power & Ispat Ltd. (GODPI) started Asia’s biggest solar-thermal plant as India limps toward clean-energy targets with prices almost half the global average.

The 50-megawatt plant in northwest Rajasthan state boasts 5,760 mirrors that concentrate the sun’s rays, generating steam to drive turbines, project Managing Director Siddharth Agrawal said in an interview. Output started a month behind schedule.

India, beset by blackouts as coal-power stations are idled for lack of fuel, plans to install 20,000 megawatts of solar capacity by 2022, up from 1,700 megawatts now. The Godawari plant, delayed by slow U.S. supplies and desert dust clouds, is symptomatic of an industry where soaring costs and technical hurdles have set back all projects from an inaugural auction.

“It’s a bit soon to declare this an engineering success,” said Jenny Chase, Zurich-based chief solar analyst for Bloomberg New Energy Finance. “Whether it can be commissioned is not the same question as whether it will work as predicted, never mind whether it will make money.”

Godawari’s plant and the other six projects that prevailed in the 2010 auction won licenses by pledging to sell power at an average of 11,480 rupees ($197) a megawatt-hour. That’s 43 percent below the global average of $344, according to data compiled by Bloomberg.

The lower price may weigh on finances at the Godawari project, which already overshot its budget by almost 20 percent. Costs were pushed up by a lack of local components, a weakening rupee and a 28-month deadline that restricted its ability to negotiate terms with lenders and contractors, Agrawal said.

“I paid more so that my work wouldn’t stop,” the director said, estimating he paid 25 percent more for imported components because of the lack of time. “We took the hit.”

Supplier Dow Chemical Co. (DOW) almost doubled the price for its critical heat-transfer fluid to $5.67 a kilogram in the months following the bid, according to Agrawal. The project was further set back when a dust storm caused a building at the site to collapse, delaying construction by a month, while the rupee depreciated 23 percent against the dollar since the auction.

Godawari’s plant is the first to be completed of the auction’s seven projects, which total 470 megawatts in capacity and require about $1 billion in investments.

Reliance Power Ltd. (RPWR)’s 100-megawatt plant is about six months behind deadline, while the remainder are stalled by rising costs and technical setbacks, according to Tarun Kapoor, joint secretary at the Ministry of New and Renewable Energy.

Godawari has fallen 34 percent this year in Mumbai trading. The shares rose as much as 3.9 percent today, and were up 2.2 percent at 78.05 rupees as of 3:04 p.m. local time, compared with a 1.8 percent gain in the benchmark Sensitive Index.

India is pressing ahead with its plans to expand the solar-thermal industry in a bid to reach grid parity, where the cost of power from clean-energy turbines equals that of electricity from the national transmission network.

“Solar thermal is the only solution for grid parity” Agrawal said. “Photovoltaic can’t take you to that scale.”

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Jordanians protest intend to go nuclear

DW

As Jordan is working on plans to build its first nuclear power plant, the demonstrators still criticise decision in the country to go nuclear in the first place. They say it wastes water and ignores the renewable energy potential country.

Safa Al Jayoussi, an activist with Greenpeace in Jordan, became concerned when she begins to explain why the Jordan will not be able to cope with the impending turn of the country to the nuclear power plant. She said that the Jordan is one of the five poorest countries of the world and that new power plans will simply put the nation under the pressure even more.

"Nuclear power plants require large quantities of cooling water, usually from a large river or a Lake," she told DW. "But in Jordan, we have really not all sources of water."

She is also concerned about a potential nuclear disaster similar to what happened at the Fukushima Daiichi plant in March 2011.

It is proposed to use greywater from a plant of wastewater for cooling,"says Al Jayoussi. «All this facility, which is likely to occur, water shortage will cause a huge problem looks a lot like what we saw in Fukushima.»

Plans taking shape

In 2009, the Jordan newly formed Jordan Atomic Energy Commission (JAEC) said its plans to build five nuclear reactors in the country. The first would be operational by 2020, they said, and would generate 44% of the energy mix of the Jordan.

A warm country and arid sandwiched between Israel and the Syria, the Jordan is not to boast of its own substantial oil reserves. In fact, according to the Government officials, in 2012 the country imported 95 percent of its energy. It is this addiction that the country hopes to resolve with nuclear reactors.

"Currently, we pay about 1.8 billion $ (1.35 billion euros) per year for electricity additional imports from Jordan," says Kamal Araj, Vice President of the JAEC.

Araj argues that nuclear energy will make energy security in Jordan, something he struggled with in the past.

"Nuclear runs for 60 years and although there's lots of fluctuations in the price of oil or gas and diesel prices, for nuclear, the price is set for a lifetime," he says, in an interview with DW. Araj said that, according to him, are not viable renewable energy sources because "they do work for 25 to 30 years."

At the opening of the first factory, Jordan plans to buy electricity from the power plant operator at a price fixed, considerably cheaper than the price the State pays now for electricity.

What about solar?

But Safa Al Jayoussi and Burgan Basel organization ecologist, Jordanian Friends of the Environment, both are disagree with the assessment of Araj of renewable energies. The Jordan has 330 days of sunshine per year and is, according to Burgan, the ideal candidate for solar.

"European Union recruits land in North Africa for solar energy projects," he said. "Then why are we turning to nuclear without exploring the possibilities of using solar energy? On the one hand, solar has become cheaper. »

Professor Steve Thomas, an expert on nuclear policy of the University of Greenwich, London, also questioned the argument that renewables are not a realistic option for the Jordan.

"Although the Government have said that they are not sustainable, what is not really viable is their nuclear plans," he told DW.

Thomas doubt if Jordan will be able to get funding for the nuclear project due to the low credit ratings of the country. And he worries whether he will have comments and design the appropriate plant safety.

"They have not the slightest chance to reach their deadline of 2020," he said.

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Oil chased in Mozambique after the discoveries of the world largest gas

Bloomberg

By Eduard Gismatullin

Statoil ASA (STL) and Tullow Oil Plc (TLW) complete a well aimed at achieving the first discovery of commercial oil in Mozambique, is the East African country where explorers have made the most important natural gas of the century.

Cachalote partners worse off Mozambique is drilling beyond potential gas fields and searching for crude later discovered under the bottom marine, Director of Exploration Tullow, Angus McCoss said in an interview yesterday. The well is expected to be finished this month.

"We believe that some of the most plays" may have oil, said McCoss. "This is the goal of this campaign is trying to find the elusive offshore oil East Africa".

Anadarko Petroleum Corp. (APC) and Eni SpA (ENI) found more than 100 trillion feet cubes of gas off the coast of Mozambique, enough fuel to build the second largest natural gas liquefied in the world. Oil explorers prefer because it is easier and less expensive to ship to customers, has been harder to find. In 2010, Ironclad of Anadarko shows signs of oil even without making an economically viable discovery.

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Rolls of Britain wind power Offshore Stimulation plan investment

IPU

Britain this week, announced the beginning of a plan of offshore wind investment at a time when some are questioning his commitment to the development of the industry.

British enterprise and Energy Minister Michael Fallon, speaking at a conference of the wind power industry Wednesday in Manchester, England, announced the creation of an Offshore wind investment organization to "stimulate more jobs" in the industry.

"Offshore wind is a major success for the United Kingdom and we want to increase the levels of foreign investment," he said. "This will be an important part of our industrial strategy for the sector later this year, and we create the Offshore wind investment organization to lead this activity."

Touting the record of Britain's 3.3 gigawatts of offshore wind energy installed - more than in the rest of the world put in place - Fallon predicts new industry-led partnership would contribute to 'further improve the benefits of the offshore wind energy sector can bring to the U.K. economy.'

The Government, in partnership with the wind energy industry, is developing an industrial strategy of offshore wind power to be issued this year, designed to help to achieve the potential of Great Britain for 18 gigawatts of wind turbines at sea installed by 2020.

Fallon says that the aim is to provide a vision in the long term to "help bring companies to the United Kingdom, competitiveness of the U.K. supply chain, create jobs, improve skills and stimulate the economy, as well as provide an essential contribution to our energy mix."

But it also comes at a time where the British coalition Government and members of Parliament rejected the idea of setting binding targets for wind energy and installations of solar energy by 2030, as requested by the European Union under its objectives long-term decarbonization.

Instead, they opted for a "technologically neutral" CO2 reduction goal that embraces an expansion of nuclear energy, the gas-fired power plants and the development of shale gas – bringing warnings that without firm targets for renewable energy, investors in the industry will be shy away from Britain.

For example, manufacturers such as General Electric and Vestas turbines are held rebate on commitments in Britain until they are more certain of the policy of the Government. GE UK had published plans for a factory of 157 million $ in Britain.

Simultaneous with the announcement of Fallon, RenewableUK British trade group issued a report stating that unless the Government and the industry coordinate their efforts to attract investment from wind power, the country will allow a "an once-in-a generation" escape second-hand manufacturing.

"If it don't seize, factories of the future large scale wind energy supply chain, making the huge blades, towers and foundations that we will need to retain the lead of the United Kingdom in the offshore wind, will be found elsewhere," said RenewableUK director general Maria McCaffery.

"There is potential to create tens of thousands of green manufacturing jobs in the balance. We are committed to working with the Government to ensure that the United Kingdom takes advantage of this opportunity to build an industry that will be the envy of the rest of the world. »

The industry group said that, in order to achieve the goal of 18-gigawatt, British offshore wind farm sector should up to seven plants turbine tower, seven blade, seven plants of nacelle, six plants to build foundations, six plants to build substations offshore and six cable plants.

Need more 20 vessels huge install offshore wind turbines and another 230 ships to transport workers and to the turbines as soon as they become operational.


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Pakistan Focus shifts to coal Central

Coal Guru

Angry, the cost of rising power generation and a grant to the uncontrollable, the Government of the Pakistan Muslim League-Nawaz decided to launch four new patterns in its power generation policy which will see two oil or Central gas from coal and the establishment of two new coal-fired plants.

Budget documents for fiscal year 2013-14 unveiled plans, cost PKR 252,23 billion, will receive the support and financial assistance of the Asian Development Bank.

The ADB will provide PKR 77.6 billion, the total cost of PKR 97 billion, for a change of plant oil/gas oven charcoal. These include units 1 to 6 of the Muzaffargarh power plant, which have the capacity of 1,350 megawatts (MW) energy generation, and 1-2 units of Jamshoro power plant with capacity of 450.

In the new budget, the Government allocated PKR 2.7 billion for these two systems.

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Rosneft to Partner with Norway’s Statoil in Arctic

AppId is over the quota

RT

Statoil de la Norvège et la compagnie pétrolière russe Rosneft sont associent dans une entreprise après avoir reçu une participation de 20 pour cent dans le plateau continental de la Norvège dans la mer de Barents.

La Norvège a estimé les blocs, qui s'étendent de 1 213 kilomètres carrés, contiennent un potentiel de 400 à 600 millions de barils de pétrole récupérable.

RN Nordic Oil AS, une filiale indirecte de Rosneft, travaillera avec la Statoil norvégienne, qui agira à titre d'exploitant, de développer les quatre blocs de « prometteurs et prolifiques » près des zones de Skrugard et Havis récemment découvertes dans les domaines de Casberg.

« Ce prix de licence constitue pour Rosneft une entrée ferme prometteuse dans le plateau continental norvégien dans la mer de Barents. Il marque également une étape importante dans le développement de la coopération à long terme avec Statoil,"Rosneft a déclaré dans un communiqué.

Partenariat de Rosneft avec Statoil est clé dans le développement de l'entreprise et influence dans la région.

« Nous sommes heureux d'avoir obtenu la licence et hâte contribuent de manière active au programme de travail de licence. Nous sommes convaincus que demande la plus récente technologie conjointement avec notre partenaire stratégique Statoil vont nous permettre de développer ces superficies le plus efficacement possible,"a déclaré le vice-président de Rosneft pour Runje de Zeljko projets Offshore.

Lukoil, qui n'a pas reçu tout Arctique forage permis de Russie, a également reçu une licence par le biais de Statoil pour développer conjointement des hydrocarbures.

Magnat du pétrole de la Norvège a annoncé les résultats licence mercredi, et un total de 24 blocs ont été attribués à 29 entreprises différentes. Vingt des licences sont pour la mer de Barents et quatre pour la mer de Norvège.

Les sociétés d'enchères posé leur candidature en décembre 2012, et développement commencera pas avant dix ans.

Rosneft a aussi collaboré avec Statoil pour l'exploration de gisements de pétrole de schiste dans la Formation de Khadum dans la région de Stavropol et champs sous la mer de l'Arctique de la Russie.

La Norvège et la Russie sont en étroite concurrence pour le marché de l'énergie de l'Allemagne. La Norvège s'est vanté record des exportations hautes en 2012, tout en premier exportateur européen de la Russie, Gazprom, a subi ses pires chiffres en 10 ans.

La Norvège a augmenté ses exportations de 16 % en 2012 pour atteindre les 107.6bn mètres cubes, selon l'office des statistiques clés de l'Europe Eurostat

Après avoir repris TNK-BP, en mars, Rosneft a été ramasser des projets de joint-venture dans le monde entier.

Sechin vise à puce loin au monopole de Gazprom et de doubler sur le marché de Rosneft en 2020, passant de 9 % au moins 19 %, dans les plans clairement à une réunion à Londres mardi des investisseurs.

En mai, Rosneft a signé un accord de coopération avec INPEX, le plus grand explorateur de l'énergie du Japon, d'explorer conjointement pour le pétrole et le gaz dans la mer d'Okhotsk, dans laquelle il détiendra une participation de deux-tiers.

En mai, Rosneft s'associe la compagnie pétrolière nationale vénézuélienne PDVSA pour explorer le delta de la rivière Orinico, une ceinture de pétrole lourd de 342 kilomètres carrés. Part de Rosneft s'élèvera à 40 pour cent.

En mars, Rosneft subsidiaires Neftegaz Amérique étagère LP a acquis une participation de 30 % en 20 blocs d'exploration des eaux profondes dans le golfe du Mexique, qui s'est tenue par Exxon Mobil. Les blocs ont une superficie totale de 450 kilomètres carrés.

"Rosneft" envisage une offre publique initiale, mais n'a pas fait aucune annonce publique finale à ce sujet.

Si Rosneft est privatisée, il a tout à gagner de capitalisation boursière et profits plus élevés. Le public à l'épargne, semblable à de VTB, ferait probablement à la bourse de Moscou, et le Kremlin garderait une part majoritaire de la société, au moins 60 %.

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Saturday, June 15, 2013

Obama quietly raises "Carbon price" as to the climate, the costs increase

Bloomberg

By Mark Drajem

Buried in a rule little noticed on microwave ovens is a change in the accounting of the U.S. Government for carbon emissions, which could have far-reaching consequences for all, power plants for the Keystone XL pipeline.

The increase of the social cost of carbon, $ 38 per metric tonne in 2015 of $23.80, supposedly adjusts the calculation, the Government uses to weigh the costs and benefits of the proposed regulations. The figure is supposed to bring losses of the warming of the planet such as flooding and reduced damage crops.

With the change, governmental actions which lead to reductions in emissions - anything, new standards for mileage at the energies own loans - will appear more valuable in its cost-benefit analyses. On the flipside, environmentalists urges that it be used to judge projects that could lead to more carbon pollution, such as the pipeline Keystone TransCanada Corp. (TRP) or the coal companies such as Peabody Energy Corp. (BTU) on public lands, which would be considered as more expensive.

"As we learn from climate damage is worse and worse yet, there is no direction, they could go but upwards," Laurie Johnson, Chief Economist for the Natural Resources Defense Council climate, said in an interview. Johnson said that the administration should go further; It considers that the cost of carbon could be as much as $266 per tonne.

Even supporters questioned the way in which the administration has slipped out policy without opening it to the public comments. The change was buried in the afternoon announcement may 31 on efficiency standards for the microwave ovens, a rule, not considered revolutionary.

"It is a very strange way of doing politics for something this important," Frank Ackerman, an economist at Tufts University, who has published a book on the economics of the global warming, said in an interview. Administration Obama 'has not always leveled with us on what happens behind closed doors."

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