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Energy weighs on Wall St. but Costco shines

reuters.com - July 7th 2016 - Marcus E. Howard

The S&P 500 and Dow industrials slipped on Thursday, weighed by energy shares, but gains in Costco and tech shares lifted the Nasdaq Composite.

The energy sector of the S&P was dragged lower by Exxon and Chevron as oil futures prices fell nearly 5 percent after crude stockpiles fell slightly less than forecast.

High-yielding sectors also pulled the S&P lower even as yields on long-term U.S. government debt remained near record lows.

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Blockchain: the answer to life, the universe and everything?

The blockchain was developed as a means of creating digital property without the need for a central authority keeping track of who owns what. Photograph: Jacob Carter/Rex/Shutterstock Image: The blockchain was developed as a means of creating digital property without the need for a central authority keeping track of who owns what. Photograph: Jacob Carter/Rex/Shutterstock

theguardian.com - July 7th 2016 - Alex Hern

Have you heard the good news? The blockchain is here – and it’s going to save everything.

If you aren’t tied to the tech community, you might not have picked up on this salvation rhetoric.

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Wilson Solar Grill Stores the Sun’s Energy for Nighttime Fuel-Free Grilling

Many of us will be firing up our grills this weekend for some well-deserved barbecue time. After all, barbecuing is one of America’s greatest pastimes, but it certainly isn’t one of our most environmentally friendly. Whether you prefer charcoal, wood chips or propane, grilling releases emissions and contributes to poor air quality.

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Chernobyl's legacy 30 years on

Image: Dr Rachel Furley (centre) with members of the Kartuzovi family, one of the many families her charity helps.

bbc.com - April 26th 2016 - Tom Burridge

Children are still being born with severe birth defects and rare types of cancer in areas near to Chernobyl, according to a British charity, three decades on from the world's worst civil nuclear disaster.

The accident on 26 April 1986 contributed to the downfall of the Soviet Union, changed the way the world thinks about nuclear energy and has affected an unquantifiable number of people in the region.

For British paediatrician Dr Rachel Furley, the "desperately sad" reality is that women who have spent their entire lives exposed to high levels of radiation are now having children. 

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Oil producers fail to agree deal to freeze output after Saudi Arabia-Iran standoff

Most Opec members want to cap output and raise the oil price. Photograph: Sergei Karpukhin/Reuters

Image: Most Opec members want to cap output and raise the oil price. Photograph: Sergei Karpukhin/Reuters

theguardian.com - April 17th 2016 - Simon Goodley

The world’s major oil producing nations failed to strike an agreement on Sunday night to freeze production, saying they needed more time to agree a deal to try to buoy the price of oil.

What producers had hoped would be the first deal in 15 years ran into difficulty after Saudi Arabia – the largest exporter of oil – demanded that Iran join an agreement to freeze output.

Iran has been reluctant to agree to hold back on oil production while it attempts to return its market share to pre-sanction levels.

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A Renewable Energy Boom

CLICK HERE - REPORT - Global Trends in Renewable Energy Investment 2016

nytimes.com - by The Editorial Board - April 4, 2016

Some world leaders, especially in developing countries like India, have long said it’s hard to reduce the emissions that are warming the planet because they need to use relatively inexpensive — but highly carbon-intensive — fuels like coal to keep energy affordable. That argument is losing its salience as the cost of renewable energy sources like wind and solar continues to fall.

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Sierra Leone Solar Green Resilience Finalizing Plans of Distribution of Solar Light in the country

In a meeting held at the sensi hub in 62 sir samuel lewis road, Arberdeen; the project cordinator Mr. Moses explain the important of the light in proving energy to those who can not afford the commercial energy supplies for their homes and charging of cell phones, he said this light would be available in the country on a soft loan basis. The consumers would purchase the light in a year period given with a small amount the user would be able to pay. 

The green solar project is focussing in area were the country electricity would not be able to reach and help those spot with centres for easy purchasing of the solar light.

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Syria conflict: Massive power blackout across country

Government forces recently retook a power plant in Aleppo province from Islamic State militants.

Image: Government forces recently retook a power plant in Aleppo province from Islamic State militants.

BBC.com - March 3rd 2016

Syria has suffered a massive power blackout across the country due to "unknown reasons", state media said.

Officials were cited as saying power had been cut in all provinces and teams were trying to determine the cause.

The electricity ministry said power was being restored and service would resume by midnight (22:00 GMT), TV reported.

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Why Solar and Wind Are Thriving Despite Cheap Fossil Fuels

          

Wind turbines provide energy for the residents of Samso Island, a Danish island that gets all its power from renewable sources. PHOTOGRAPH BY ANDREW HENDERSON, NATIONAL GEOGRAPHIC CREATIVE

Low oil prices are rattling stock markets, but investors remain bullish on solar, wind, and other clean energy. Here are three reasons why.

nationalgeographic.com - by Wendy Koch - January 22, 2016

The prolonged plunge in fossil fuel prices is rippling across the globe. Yet it’s barely put a dent in the booming market for clean energy, heralding perhaps a new era for wind and solar.

Oil prices of less than $30 a barrel—the lowest in 12 years—have shaken stock markets and ravaged the budgets of major producers such as Russia and Saudi Arabia. Along with falling gas prices, they’ve slashed the profits of fossil fuel companies, which are delaying dozens of billion-dollar projects and laying off thousands of workers. . . .

. . . But solar, wind, and other clean energy? They’re expanding.

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