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The nuclear fallout from Areva’s very bad 2014
If a business has more liabilities than assets it is essentially bankrupt. Such a business has what is called negative equity and it is exactly the situation the French nuclear giant Areva finds itsel
India’s 100 GW solar target is achievable
India's new target to install 100 gigawatts (GW) of solar power by 2022, from an almost standing start, looks ambitious. In fact, it only requires the same (meteoric) rate of growth the global indu
Why the oil price is going down
Oil inventory data published by the US Energy Information Administration (EIA) earlier this week shows clearly that there is downside risk to the current oil price. The data showed total stocks of oil
2014 was a record year for wind and 2015 will be even better
According to the Global Wind Energy Council (GWEC) global wind installations reached a record 51.3GW in 2014, up over 50% on the previous year’s 33.8GW and up over 6 fold in ten years on the 2004 in
Can the U.S. and China agree to a “Paris Protocol”?
(This post is based on a piece first published with Chinadialogue, here) Last November, the United States and China announced that they would forge closer cooperate on climate change. “The Uni
Europe rescues its carbon market
Something remarkable happened on Tuesday, when a group of European parliamentarians voted to approve reform of Europe’s carbon market. The Environment Committee of the European Parliament reverse