Smart Energy News

World Falls In Love With Coal That Obama Is Waging War On

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Investors.com At the very moment President Obama has decided to shutter America’s coal industry in favor of much more expensive and less efficient “renewable energy,” coal use is surging across the globe. A new study by the prestigious National Academy of Sciences detects an unmistakable “coal renaissance” under way that shows this mineral of fossilized … Read more

Deal of the week: Honeywell buys Elster for US$5.1bn

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Metering and Smart Energy Amy Ryan | July 29, 2015 In the US, multinational conglomerate Honeywell International, has agreed to purchase manufacturer and supplier of integrated metering and utilization solutions, Elster, in an all-cash deal for £3.3 billion (US$5.1bn). Honeywell said that it would spend US$10bn on deals through 2018 as part of its five-year … Read more

Tesla got $295M in subsidies for technology it didn’t offer

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watchdog.org By Tori Richards / July 23, 2015 Tesla Motors has earned more than $295 million in green subsidy emission credits during the past three years for a battery-swapping technology customers weren’t getting, a Watchdog investigation reveals. In fact, the electric car company, owned in part by billionaire Elon Musk, may have earned credits up … Read more

Worst Bill EVER? SB 350 Allows Environmentalist to Tell Utilities How to Operate

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California Political Review July 21, 2015 By Stephen Frank If the Democrat bill, SB 350 passes, energy utilities will no longer be allowed to make management decisions. This is from the bill, “This bill would revise the definition of “interests” of the ratepayers. The bill would require the PUC, in consultation with specified entities, to … Read more

Tamar Natural Gas Field, Israel

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OffshoreTechnology.com The Tamar field is a natural gas discovery made by Noble Energy in January 2009 and is the company’s largest find to date. Noble Energy owns 36% in Tamar and is the operator of the field. Isramco Negev 2 owns 28.75%, while two of Delek Group’s subsidiaries – Delek Drilling and Avner Oil Exploration … Read more

Bill Gates To Help Fight Climate Change By Investing Up To $2 Billion In Green Technology

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Huffington Post by Nick Visser 06/29/2015 The Supreme Court may have dealt a crushing blow this week to President Barack Obama’s efforts to curb climate change, but all is not lost. Microsoft co-founder and billionaire philanthropist Bill Gates announced plans to spend up to $2 billion on innovative renewable technologies over the next five years. … Read more

Gates: Renewable energy can’t do the job. Gov should switch green subsidies into R&D

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UK Register 26 Jun 2015, Lewis Page Retired software kingpin and richest man in the world Bill Gates has given his opinion that today’s renewable-energy technologies aren’t a viable solution for reducing CO2 levels, and governments should divert their green subsidies into R&D aimed at better answers. Gates expressed his views in an interview given … Read more

Electric Cars: Not So Environmentally Friendly After All?

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Investors.com Is that electric car in the driveway — yes, that one with the long cord tethering it to the inside of the garage — a sign of deep environmental concern and human goodness? Or is it an indication that someone has been duped? A growing body of evidence shows that electric cars are more … Read more