GLG News by Nuclear Power Experts (North America)

For the voluntary carbon offsets to be credible, an offset project should meet several criteria: the reductions should be real, measurable, verifiable, and "additional". Carbon trading in Europe for environmental projects in poorer nations are being questioned by the U.N. In the U.S. the Federal...

This article raises the question of whether the "green" movement by financial investment firms will continue given our financial situation. It cites several banks that have significant green initiatives as well as last month's kick-off of the Green Exchange by NYMEX. 

Corn prices have hit $6 a bushel, the highest they have ever been. soybeans are climbing rapidly in price and farmers are increasing  acreage devoted to these crops as rapidly as possible. Why?  Because theyhave more value as feedstocks for the production of ethanol and bio diesel transportation...

The state run oil company Petroleo Brasileiro SA. (Petrobras) appears to be close to a second offshore oil strike containing as much as 33 billion barrels in oil equivalent. The discovery is in the "presalt area" at ocean depth of more than 6,500 feet and beneath additional 9,800 feet of sand and rock. There...

The article discusses the potential for a U.S. carbon regulation and the potential winners and losers once implemented. The Cleantech sector continues to grow with significant investments being made in solar, wind, biofuels and others as well as clean coal and nuclear.The environmental, social and governance...

The Alberta government had started to discourage drilling, especially for natural gas with their last year's published "New Royalty Framework". Now, they have realized the "unintended consequences" and are changing the royalty and tax structure to encourage deep exploratory wells for oil and deep and...

The government of President Umaru Yar'Adus is tightning the screws on Shell.  Funds are withheld from the production-sharing agreement up to $1 billion and the government does not pay it's part for reduction of natural gas flaring.  The resulting unrest of local communities to pollution from...

    The BNSF and other railroads charge in new coal transportation tariffs and contracts a fuel surcharge to recover the cost of fuel.  Other freight moves also come under fuel surcharges.  The commentary that follows discusses by the numbers the BNSF’s fuel surcharge on...

Nippon Oil is closing their small and low complexity Toyama refinery due to lack of process units to convert heavier crudes and high costs in a market with overcapacity.  

    The EPA is currently being challenged in the courts by both the states and industry over various aspects of the Clean Air Interstate Rule (CAIR).  The outcome of the case could provide an opportunity for those trading SO2 allowances.