ENERGY (MSM)

New York investigating Exxon over climate statements -source

(Reuters) – The New York attorney general has launched an investigation into whether Exxon Mobil Corp misled the public about the risk of climate change and its impact on the company’s oil business. Attorney General Eric Schneiderman subpoenaed the company on Wednesday evening, demanding extensive financial records, emails and other documents, a source familiar with the investigation said on Thursday. Exxon on Thursday confirmed it had received the subpoena, and

Austria's largest state goes 100% renewable

Austria’s largest state said Thursday that 100 percent of its electricity is now generated using renewable sources of energy. “We have invested heavily to boost energy efficiency and to expand renewables,” said Erwin Proell, premier of 1.65-million-strong Lower Austria. The state in northeastern Austria now gets 63 percent of its electricity from hydroelectric power, 26 percent from wind energy, nine percent from biomass and two percent from solar.

Canadian pipeline company Enbridge buys stake in UK wind farm

(Reuters) – Enbridge Inc , Canada’s largest pipeline company, said it had bought a 24.9 percent stake in an offshore wind energy project in the United Kingdom for C$750 million ($570 million). The Rampion project located off the UK Sussex coast is being constructed by a unit of utility company E.ON SE , which owns a 50.1 percent stake in the 400 megawatt (MW) project. UK Green Investment Bank Plc

Ukraine clears path for Chinese solar energy purchases

KIEV (Reuters) – A Ukrainian government committee has granted permission for China’s state-run corporation CNBM to buy 10 Ukrainian solar units through shares in the plants, it said in a statement on Thursday. The plants, in the southern Ukrainian Odessa and Mykolayiv regions, were built by Activ Solar firm. The share of electricity produced from renewable energy sources in Ukraine accounts for about 1.3 percent of the total, according to