By Rob Safuto on Nov 14, 2008 in News | 0 Comments
The credit market freeze, stock market devaluations and commodities markets collapse are having a chilling effect on clean energy projects around the globe.
Pickens delays world’s biggest wind farm project
T Boone Pickens, a renowned Texan oilman who is raising the capital for the wind farm, told a US television station today that the twofold problem [...]
By Rob Safuto on Oct 16, 2008 in News | 0 Comments
The outlook for clean energy projects has started to change as a result of the current economic situation in the U.S. and around the world. A pair of news items underscore the wider issues that are likely to develop.
Wind-farm Workers Laid Off
Noble Environmental Power has stopped work at its Bellmont and Chateaugay wind-energy projects [...]
By Rob Safuto on Jul 7, 2008 in Analysis | 0 Comments
Most people following energy topics know that oil and natural gas prices have soared over the past year. But let’s not forget about the other very popular source of energy that is coal.
The graphic at left shows coal prices are up about 100% since the beginning of 2008. And although coal is still very [...]
By Rob Safuto on Jun 8, 2008 in Opinion | 0 Comments
The end of last week featured a furious rally in the oil markets combined with a furious sell off in the American stock market. Oil ended the week on Friday up more than $10 a barrel from the close of the previous day. The Dow Jones Industrial Average dropped almost 400 points on [...]