December 12 Green Energy News

Headline News:

  • “EIA’s Lack Of Math And Logic Skills Makes For An Interesting Investment Environment” • Every year the US DOE’s Energy Information Administration releases an Annual Energy Outlook. Every year, it projects that renewable growth will slow down. But the EIA projections have never done with portraying reality. [Seeking Alpha]
EIA projections and reality

EIA projections are clearly out of step with reality. 

  • Donald Trump won’t get Rex Tillerson as secretary of state without a fight. Nominating the ExxonMobil tycoon for the position could ignite a showdown between the President-elect and senators in his own party. Tillerson has a close relationship with Vladimir Putin, and the CIA says Russia likely intervened in the presidential election. [CNN]
  • Donald Trump said he still doesn’t think climate change is really happening, in an interview on Sunday 11 December. “I’m still open-minded. Nobody really knows,” he said after a Fox News anchor played a clip in which he calls climate change “a big scam for a lot of people to make a lot of money.” [International Business Times UK]
  • Oil prices have surged after oil-producing countries that are not OPEC members agreed to cut output. Brent crude jumped to $57.89 a barrel, the highest since July 2015, before falling back to $56.79, although that was still a gain of 4.5% on the day. Non-OPEC countries agreed to cut their output by 558,000 barrels per day on October 10. [BBC]
  • The city council of St Petersburg, Florida unanimously voted to target 100% renewable electricity. It aims to achieve this goal with the help of some of the $1 million it received in a settlement with BP over the Deepwater Horizon oil disaster. St Petersburg is reportedly the 20th US city to target 100% renewables for its electricity supply. [CleanTechnica]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

December 12 Green Energy News posted first on Green Energy Times

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