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Wholesale gas prices soar in Britain after pipeline is forced to close

2013-03-22 22:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: British wholesale gas prices hit a record high on Friday after the failure of a vital import pipeline demonstrated the vulnerability of the nation's energy supply to external shocks. The breakdown and price rise followed the revelation that Britain's gas stores could run out in a few weeks if expensive overseas supplies are not piped in quickly amid unexpected demand due to unseasonal weather. Downing Street intervened to reassure households; the prime minister's spokesman expressed confidence...

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Britain's gas price soars to record on pipeline closure

2013-03-22 10:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Britain's wholesale gas prices surged to a record high on Friday after one of its main gas import pipelines shut down unexpectedly, exposing the country's vulnerability to foreign supplies. Britain is already grappling with a potential gas supply crisis as a late blast of winter depletes stored reserves, coal power plants close and pending maintenance in Norway threatens to further squeeze supply. Gas prices for within-day delivery spiked at 150 pence per therm early in the day, more than 50...

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State Dept. hid contractors ties to Keystone XL pipeline company

2013-03-21 20:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Late on a Friday afternoon in early March, the State Department released a 2,000-page draft report downplaying the environmental risks of the northern portion of the controversial Keystone XL pipeline, which would ferry oil from Canada`s tar sands to refineries in Texas, passing through Montana, South Dakota, Nebraska, Kansas, and Oklahoma. But when it released the report, the State Dept. hid an important fact from the public: Experts who helped draft the report had previously worked for TransCanada,...

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State Dept. Hid Contractors Ties to Keystone XL Pipeline Company

2013-03-21 15:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Mother Jones: Late on a Friday afternoon in early March, the State Department released a 2,000-page draft report downplaying the environmental risks of the northern portion of the controversial Keystone XL pipeline, which would ferry oil from Canada`s tar sands to refineries in Texas, passing through Montana, South Dakota, Nebraska, Kansas, and Oklahoma. But when it released the report, State hid an important fact from the public: Experts who helped draft the report had previously worked for TransCanada, the company...

Tags: company state contractors ties

 

Furor over Keystone pipeline caught U.S. and Canada flat-footed on climate change

2013-03-20 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

InsideClimate: As part of its effort to persuade the United States to accept the Keystone pipeline and the oil sands fuel it would carry from Canada, the province of Alberta is advertising itself as an environmental leader at the cutting edge of clean energy development. On Sunday, the province took out a half-page ad [3] in the New York Times asserting that it is "committed to raising the bar higher on its leading climate change policy." "Our past, present and future environmental management actionsincluding...

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