Archive for the 'Energy' Category

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Long Natural Gas

March 16th, 2011

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Just disclosing that I’m long natural gas (UNG) as of this morning.

Japan’s Disastrous Nuclear Operators

March 15th, 2011

Via: Greg Palast: I need to speak to you, not as a reporter, but in my former capacity as lead investigator in several government nuclear plant fraud and racketeering investigations. I don’t know the law in Japan, so I can’t tell you if Tokyo Electric Power Co (TEPCO) can plead insanity to the homicides about […]

Japan: Electricity Shortages Could Last for Months

March 15th, 2011

The electricity generation question is the one I’m most curious about. How does Japan keep-the-lights-on, so to speak, going forward? —Implications of Japanese Earthquake Via: Reuters: Japan’s earthquake has left a gaping hole in the nation’s power capacity that looks set to last months, threatening to make economic recovery far more feeble than hoped. The […]

Germany Will Halt 25% of Nuclear Capacity for Safety Review

March 15th, 2011

Via: Bloomberg: Germany will halt nuclear reactors accounting for 25 percent of its atomic energy capacity as part of a safety review after explosions at reactors in Japan. The country will keep its seven oldest nuclear reactors offline as part of a nationwide safety review to run through June, Chancellor Angela Merkel told reporters in […]

Fire in Spent Fuel Rod Cooling Pool Would Be Worse Than Meltdown

March 15th, 2011

Update: Spent Fuel Rods Exposed to Open Air Via: The Journal: THE OPERATOR OF the troubled Fukushima I nuclear power plant in Japan has disclosed that an explosion at reactor 4 this morning – the cause of a fire in a storage pool for ‘spent’ fuel this morning – has caused the rods there to […]

EMERGENCY: ‘HIGH’ LEVEL RADIATION RELEASED AT FUKUSHIMA; WORKERS TOLD TO LEAVE AREA; U.S. MILITARY ASKED FOR HELP; LOW LEVEL RADIOACTIVE WIND ETA 10 HOURS TO TOKYO

March 15th, 2011

Shelter-in-Place in a Radiation Emergency Via: Reuters: Japan’s prime minister warned on Tuesday that radioactive levels had become high around an earthquake-stricken nuclear power plant after explosions at two reactors, adding that the risk of more radioactive leakage was rising. Naoto Kan urged people within 30 km (18 miles) of the facility north of Tokyo […]

Japan Has Asked for IAEA Help with Nuclear Emergency

March 14th, 2011

Via: Montreal Gazette: Japan has officially asked the UN atomic watchdog to send a team of experts to help in the current nuclear crisis, International Atomic Energy Agency (IAEA) chief Yukiya Amano said Monday. “Today, the government of Japan asked the agency to provide expert missions. We are in discussions with Japan on the details,” […]

Germany: Nuclear Disaster ‘Will Have Political Impact as Great as 9/11’

March 14th, 2011

Via: Der Spiegel: The nuclear accident at Japan’s Fukushima plant following Friday’s earthquake and tsunami has led to anxious questions in Germany about the safety of its own nuclear reactors and is putting the government under intense pressure to rethink its decision to extend plant lifetimes by an average of 12 years. German media commentators […]

Implications of Japanese Earthquake

March 14th, 2011

J writes: Kevin, Would you comment on what the situation in Japan means for the rest of the world. I have been trying to get my head around what has happened, and what is still happening, but I’m not able to do it. Millions of Japanese are without water, food and electricity. Some of the […]

Saudi Arabia: Police Broke Up Protest; Used Stun Grenades, “Rubber or Live Bullets”

March 10th, 2011

Monitoring… Via: Reuters: Saudi police used force to disperse a demonstration by minority Shi’ites on Thursday, injuring up to four people on the eve of a day of protests called for on social media, witnesses and activists said. Shots were heard near a protest by around 200 Shi’ites in the town of Qatif in Saudi […]

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