Articles - Past and present news from The Energy Industry Times
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9 years ago (2015-09-26)
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Junior Isles
The Drax power company, in charge of the largest power plant in the UK of the same name, has thrown a £1 billion ($1.52 billion) UK government climate-change plan into turmoil, saying that government green policy reversals have made it too risky to move forwards.
Over the past year, funds pledged to shift energy reliance on coal, oil or gas to cleaner sources have risen by 50 times to $2.6 trillion dollars due to ethical or financial motivations. Pledges include commitments to cut back or sell present holdings in fossil fuel companies.
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9 years ago (2015-09-22)
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David Flin
The Japanese Industry Ministry is considering limiting each utility’s coal-fired power generation to around 50 per cent of its total fossil fuel energy output, according to sources within the Ministry.
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9 years ago (2015-09-21)
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David Flin
George Osborne, Chancellor of the Exchequer of the UK, has announced that the UK government will make a fresh investment in the £24.5 billion Hinkley Point C nuclear power project.
Sweden is aiming to become one of the first nations in the world to have a fossil-free energy mix, and as a step towards that goal it will invest 4.5 billion kronor ($546 million) next year in climate-protection measures as a step towards this goal.
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9 years ago (2015-09-16)
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David Flin
GE has revealed plans to shift up to 500 US manufacturing jobs to Europe and China because it can no longer access EXIM financing from the US Export-Import Bank.
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9 years ago (2015-09-15)
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David Flin
Forest fires have damaged five cooling towers at the Geysers geothermal power generation facility in northern California.