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Arabica Robusta

The World Bank's new energy strategy (Bretton Woods Project) - 0 views

  • Based upon the model implemented in England and Wales and in some parts of the United States and Latin America, reforms were geared towards restructuring and privatising state-owned electricity utilities in order to try to improve efficiency through competitive wholesale electricity markets.
  • The impact of reform on poverty reduction also became a cause for concern. Even where private sector participation had occurred, expanding access to non-industrial consumers had been considered unprofitable. Stark figures for household access levels, such as 2 billion people without access to electricity worldwide, were difficult to ignoreii.
  • interestingly, PSMPs tend to emphasise use of large-scale generation projects to exploit hydro and thermal potential and regional integration of grid networks. Whilst a stable grid serving the entire population might be an attractive long-term goal, rarely has such distributional equity been achieved. More often than not, grid extension programmes have failed to reach the rural poor because they have not always proven to be the most cost-effective means of expanding access to rural areas, mainly due to low population density and greater technical losses as transmission networks increase.
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  • the mobilisation of private investment is still very important and Bank funding can play a key role in leveraging it. Private investors look to fund ‘bankable’ projects – projects with low risk and quick returns. The result is a bias toward established fossil fuel technologies. Given this bias, when the Bank aims to leverage private sector investment, its funds should be directed towards making low-carbon energy technologies commercially available and competitive.
Arabica Robusta

Cable regarding proposed Petroleum Industry Bill; showing extent of Shell interference ... - 0 views

  • NNPC General Managing Director Dr. Mohammed Barkindo was interested in doing something on climate change in preparation for the climate change summit in Copenhagen December 6-18. Barkindo was spread pretty thin so Shell will ask him how they can help him prepare for the summit.
  • She said it would be helpful if the Embassy would continue to deliver low-level messages of concern. In particular, she thought it would be helpful for the Embassy to call on Speaker of the House Dimeji Bankoke to see where he stood on the bill. Beyond that, she would like to keep the Embassy in reserve and use it as a “silver bullet” if the PIB passes the House. The Ambassador noted that the U.S., U.K., Dutch and Qthe House. The Ambassador noted that the U.S., U.K., Dutch and French Embassies had already made a joint call on NNPC General Managing Director Dr. Mohammed Barkindo.
  • Pickard said Shell had good sources to show that their data had been sent to both China and Russia. She said the GON had forgotten that Shell had seconded people to all the relevant ministries and that Shell consequently had access to everything that was being done in those ministries.
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  • Pickard also noted that Shell saw Israeli security experts in Bayelsa, but not in the Delta, and that there had been “a big drop in kidnapping” as a result.
  • In the event that the PIB retains negative terms or violence returns to the Delta, Shell can be expected to hurt the most and cry the loudest.
Arabica Robusta

Nigerian Times: Chevron Scrubs Lawsuit to Block Ecuador Award - 0 views

  • Chevron filed a proposed amended complaint on Thursday that removes attorney Steven Donziger as a party to one of the counts. Donziger, however, is not too happy about the change, as it could prevent him from participating in a trial to determine whether the judgment he secured is enforceable.
  • Hinton, the Ecuadoreans' spokeswoman, says that Chevron is "petrified" to face off against Donziger's lawyer, Keker, who recently won a sex-discrimination jury trial against Chevron in California.
  • "To prevent Donziger from defending himself, Chevron is engaging in un-American behavior to deny due process to a litigant just like the company has tried to deny due process to thousands of its victims in Ecuador," Hinton said in a statement.
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    Chevron filed a proposed amended complaint on Thursday that removes attorney Steven Donziger as a party to one of the counts. Donziger, however, is not too happy about the change, as it could prevent him from participating in a trial to determine whether the judgment he secured is enforceable.
Arabica Robusta

Shell Nigeria appeal dismissed in Bonny land dispute | Reuters - 0 views

  • Foreign investors say Nigeria ranks among the most litigious and bureaucratic business environments in the world.
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