There has been much discussion of the prospect of developing industrial power from the nuclear fission of uranium. This problem is enormously more complicated than the utilization of solar energy. . . . [W]hereas the solar radiations have been made harmless by natural forces, the artificially induced radiation retains all of its virgin malignity. Whereas …
From Platts: Air China has seen its jet fuel hedge slump to almost half a billion dollars in the red, the Chinese airline warned shareholders in a notice published on the Hong Kong Stock Exchange after markets closed Friday. The company, one of the big three national airlines in China, admitted that it bought and …
Found while cleaning off the desk in my office today, a report from back in July prepared by staff for the New Mexico Legislative Finance Committee: FY09 will be a robust 9.3 percent (growth rate) due to extremely high energy revenues. Ah, those were the days.
Over at the day job, I’m finished looking at solar tax credits (to be printed on paper and thrown on driveways this weekend) and on to the oil price collapse. The question that interests me is the issue of infrastructure investment. Now that oil is under $50 a barrel, what’s happening to the investment in …
Google searches for “climate change” in blue, “oil prices” in red.
I’d been curious about what this graph might look like. From EIA: (Source: EIA – click through to see it bigger) The interesting thing is that the U.S. energy mix largely stabilized, in terms of the share of total consumption from the main sources, in the late 1980s, and has been relatively unchanged since. Why …
The whole energy sector of the global economy may be in freefall, but in New Mexico we’re still digging up coal at a rate 5 percent above last year, and climbing. Nationwide, coal U.S. coal production year-to-date is up 3.5 percent over last year.
FAO thinks we should not be sanguine about falling global food prices: [T]he gradual return to equilibrium in food markets should not be taken to assume that the world’s food problems have been fixed, neither in the short-run nor with a view to the longer-term challenges. Cereal stocks still need to be replenished and lower …
From a bunch of guys in suits, likely not wearing Birkenstocks: Members of the Journal’s CEO Council tasked with discussing priorities for the U.S. economy and finance offered several fairly uncontroversial suggestions to the incoming administration: implement a fiscal stimulus plan without worsening the long-term deficit, appoint a panel to address financial regulation, create an …
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“China National Nuclear Corp., the nation’s biggest nuclear plant builder, said a decline in the spot price of uranium will affect the country’s exploration for the fuel at home and overseas.” – Bloomberg “Petro-Canada, the country’s third- largest oil company, has delayed the C$25.3 billion ($20.6 billion) Fort Hills oil-sands mining project in Alberta because …