Green News Weekly

California judge puts
carbon market on hold

LOS ANGELES (Reuters) – A California judge ruled on Friday that state air
regulators must halt the implementation of a cap-and-trade scheme until they
examine alternatives to emissions trading to meet the state’s aggressive
greenhouse gas reduction targets.

20 May 2011

Silicon Valley schools
go solar in Chevron project

SAN JOSE, California (Reuters) – A group of Silicon Valley schools have built
the largest solar and power-saving system of any U.S. school district through a
project undertaken with the energy efficiency arm of Chevron Corp.

20 May 2011

Iran says finds light
oil in offshore gas field

TEHRAN (Reuters) – Iran has discovered a deposit of light oil offshore of an
estimated in-place reserve of 756 million barrels valued at $13.6 billion, the
state TV website reported on Saturday quoting a senior oil official.

6:46am EDT

China threatens Airbus
over EU carbon cap: sources

BRUSSELS (Reuters) – China has threatened retaliation against French
planemaker Airbus if the European Union goes ahead with plans to include
international aviation in its carbon market, three sources said on Friday.

LDK Solar backs
forecasts as debt concerns weigh

LOS ANGELES (Reuters) – LDK Solar backed its first-quarter and full-year
financial outlooks a day after announcing a delay in a planned debt offering
that sent the Chinese solar company’s shares down 10 percent.

20 May 2011

Belarus to sell gas
pipeline to Russia – report

MINSK (Reuters) – Belarus plans to sell its stake in the country’s gas
pipeline network to Russia for $2.5 billion and to unify rouble exchange rates
once it receives a bailout loan from Moscow, Prime Minister Mikhail Myasnikovich
has said.

5:16am EDT

Yingli sees sequentially
lower gross margin, shares

BANGALORE (Reuters) – Chinese solar panel maker Yingli Green Energy Holding
Co Ltd hopes the fast-growing solar market in its home country will help it meet
full-year shipments forecast, but sees sequentially lower gross margin for the
current quarter.

20 May 2011

Japan solar cell sales
up 33 percent, weakest in 2 years

TOKYO (Reuters) – Sales of solar cells in Japan rose over 30 percent in
January-March, the weakest year-on-year gain in two years, industry data showed,
just before Tokyo reduced subsidies.

20 May 2011

EIB supports Germany’s
energy rebuild

FRANKFURT (Reuters) – The European Investment Bank (EIB) will support
Germany’s move toward more green power with billions of euros in coming years,
focusing on offshore wind and transport grids, an executive of the bank said on
Friday.

20 May 2011
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