"Boston By Balloon" Gives A Bird's Eye View Of The City

More than 6,000 European cities have signed the Covenant of Mayors, a commitment to meet coesive EU climate targets. “Their climate action plans call for, on average, a 28% cut in CO2 emissions by 2020, 8% more than the EU’s 2020 target.

Even Kiev, which came last of 30 cities in Siemen’s 2009 European Green City Index, is a signatory. Vitali Klitschko, elected mayor last May, said he wanted to end the Ukrainian capital’s dependency on oil and gas – though Kiev’s membership has been suspended until it files a sustainable energy action plan.” [The Guardian]

Japan’s energy strategy following the Fukushima disaster has led to politicians calling for a heavy investment in renewable energy sources in the country by 2030. “It is already building solar power plants that float on water. Perhaps inevitably, then, the nation has turned to building solar plants on old golf courses.

Last week, Kyocera and its partners announced they had started construction on a 23-megawatt solar plant project located on an old golf course in the Kyoto prefecture. Scheduled to go operational in September 2017, it will generate a little over 26,000 megawatt hours per year, or enough electricity to power approximately 8,100 typical local households. The electricity will be sold to a local utility.” [Quartz]

Linn Energy has seen its shares drop by 30% since early May 2015 and 70% from its 2014 highs due to much weaker oil and gas prices and concerns over debt. However, two recent strategic alliances and the sale of a holding company may lead to an upsurge in fortune for the beleaguered company. “The private equity partners actually closed the deals with Linn Energy.

 This indicates that these entities are ready to make some moves — which may be a signal that energy prices are ready to bounce despite Linn Energy’s $10B net debt, most of which is due in 2019/2020.” [Seeking Alpha]