AfDB’s Kaberuka: We’ll keep financing Africa’s coal-fired power plants
Donald Kaberuka, who is due to step down in May as head of the lender, said the region doesn’t “have the luxury” of ruling out polluting fuels.
Fossil fuel
Seven reasons cheap oil can’t stop renewables now
Oil prices have fallen by more than half since July. Just five years ago, such a plunge in fossil fuels would have put the renewable-energy industry on bankruptcy watch. Today: Meh.
BHP focus switches from coal and iron ore to energy
BHP Billiton’s chief executive Andrew Mackenzie said the global mining giant was switching its focus to energy, with iron ore and coal to receive less emphasis as China’s demand for steel slows.
OK given for fracking in British national parks
London: Agence France Press 27/7/2014 Fracking will be allowed in British national parks in “exceptional circumstances”, according to government guidelines announced on Monday as new bidding for exploration licenses opens. The extraction of shale gas through the controversial technique in national parks, world heritage sites and areas of outstanding natural beauty would only be granted … Read more