According to the 2015 BP Statistical Review of World Energy, in the past 10 years global proved oil reserves grew by 334 billion barrels to reach a global total of 1.7 trillion barrels.To put that in perspective, Saudi Arabia’s proved oil reserves stood at 267 billion barrels at the end of 2014. That means that the global proved oil reserves added to the books in the past decade were equal to one and a quarter Saudi Arabias.Was that much new oil actually discovered over that time frame?

This year may not be as huge for solar as it looked before Congress extended the solar investment tax credit some projects can now relax into 2017 without losing their subsidy- but 2016 will still be bigger for sunshine than any year the United States has ever seen. And two mechanisms will roll out to support solar and wind—inexpensive utility-scale battery storage and the first plans for new carbon markets spawned by the Clean Power Plan and Paris Agreement.

The announcement by Trendit, an Israeli-registered provider of cutting-edge technology for real-time monitoring of crowd behavior population movement and trend analytics, to raise £4 million (c.$6m) imminently through a new share offering on the London Stock Exchange ’s main market could pave the way for an “exit at some stage” over the next few years. It chose London over New York to list as a result of strong investor interest in data analytics firms and the UK’s handy international time zone.

In December, New York Governor Andrew Cuomo directed the state’s regulators to come up with a plan to reach 50 percent renewables by 2030. Early last week, the New York Department of Public Service (NYDPS) released its proposed plan to do just that. The “50 by 30” Clean Energy Standard (CES) builds on New York’s Reforming the Energy Vision (REV) proceeding, providing a necessary target and enforcement mechanism to achieve state policy objectives.

In this workshop, the lessons learned in the frame of case studies will be presented with the theoretical concept of LC, while trying to link them with the newly introduced Iranian Petroleum Contract (IPC) terms and conditions.