Arctic Drilling Battle Halts Abruptly as Shell Dries Up. By Ben Geman, National Journal, 9/28/2015. "Shell will now cease fur­ther ex­plor­a­tion activ­ity in off­shore Alaska for the fore­see­able fu­ture,” Shell said in a state­ment Monday.Shell’s white flag is wel­come news for en­vir­on­ment­al­ists who have spent years bat­tling to keep the area off-lim­its to oil rigs, ar­guing that off­shore oil and gas de­vel­op­ment there presents huge risks to an eco­sys­tem that provides a hab­it­at for po­lar bears, bowhead whales, and oth­er fra­gile spe­cies.

“Shell’s an­nounce­ment is very good news for the mar­ine en­vir­on­ment, sens­it­ive coastal lands, and the Arc­tic com­munit­ies that would be dev­ast­ated by a ma­jor oil spill,” said Lois Ep­stein, dir­ect­or of the Wil­der­ness So­ci­ety’s Arc­tic pro­gram.
Renewables to Reap Lion's Share of New Power Plants, Says IEA. By Anna Hirtenstein, Bloomberg News, 10/1/2015. "Renewable energy will be the largest source of new power generation capacity worldwide over the next five years, installing 700 gigawatts, which is more than double what utilities produce today in Japan, the International Energy Agency said.

While installations surge, investment will fall 15 percent to $230 billion a year by 2020 as the cost of wind and solar farms declines, the Paris-based institution said in a report on Friday."

Institutions Worth $2.6 Trillion Have Now Pulled Investments Out of Fossil Fuels. By Damian Carrington and Emma Howard, The Guardian, 9/23/2015. "Among the biggest divesters are the world’s biggest sovereign wealth fund, held by Norway, and two of the world’s biggest pension funds, in California. The campaign, now active in 43 countries, was backed on Tuesday by the UN’s climate chief, who will lead negotiations for a global climate deal at a crunch summit in Paris in December. 

Christiana Figueres called for the shift of investment from fossil fuels to meet the $1tn-a-year need for clean investment and to create momentum ahead of Paris. “Investing at scale in clean, efficient power offers one of the clearest, no regret choices ever presented to human progress,” she said at the launch of the report in New York."

Half of Global Coal Output Is Uneconomical, Moody's Says. By Mario Parker, The Globe & Mail, 10/1/2015. At current prices, it makes more sense to leave much coal in the ground. "In North America, the credit rating company said it expects the industry’s combined earnings before interest, taxes, depreciation and amortization to decline by 10 per cent next year after a 25-per-cent plunge in 2015."
Solar & Wind Just Passed Another Big Turning Point. By Tom Randall, Bloomberg News, 10/6/2015. "It has never made less sense to build fossil fuel power plants...the virtuous cycle has begun. For the first time, widespread adoption of renewables is effectively lowering the capacity factor for fossil fuels. 

That's because once a solar or wind project is built, the marginal cost of the electricity it produces is pretty much zero—free electricity—while coal and gas plants require more fuel for every new watt produced. If you're a power company with a choice, you choose the free stuff every time.

It’s a self-reinforcing cycle. As more renewables are installed, coal and natural gas plants are used less. As coal and gas are used less, the cost of using them to generate electricity goes up. As the cost of coal and gas power rises, more renewables will be installed."