Archive for the 'Energy' Category
Norway’s $860 Billion Fund Drops 52 Companies Linked to Coal
April 17th, 2016Via: Bloomberg: Norway’s $860 billion sovereign wealth fund unveiled the first list of miners and power producers to be excluded from its portfolio following a ban on coal investments. The 52 companies being barred include American Electric Power Co. Inc., China Shenhua Energy Co. Ltd., Whitehaven Coal Ltd., Tata Power Co. and Peabody Energy Corp., […]
Saudis Threaten to Sell $750 Billion in U.S. Treasuries Over 9/11 Bill
April 17th, 2016The word, “Bush” doesn’t appear in this piece even once. And what is Marvin up to these days? Via: New York Times: Saudi Arabia has told the Obama administration and members of Congress that it will sell off hundreds of billions of dollars’ worth of American assets held by the kingdom if Congress passes a […]
World’s Biggest Oil Producers Meet to Discuss Possible Freeze on Production
April 17th, 2016Via: Guardian: The world’s biggest oil producers will huddle in Doha on Sunday in a rare off-scheduled meeting where discussion about what they can do to staunch the continued global surplus of crude oil that’s weighed on prices for nearly two years. Hopes that members in the Organization of Petroleum Exporting Countries cartel and non-Opec […]
Why, Where & How to Do Wind Electricity
April 16th, 2016Disclosure: I sell solar power systems in New Zealand. — As New Zealand’s electricity cartel ramps up the war on solar power, I’m starting to take a more serious look at the end game: Disconnection from the grid. While I’m not sure how I want to handle this yet, one thing is certain: Wind power […]
Japan Prepares for Release of Tritium from Fukushima Plant
April 12th, 2016Via: Japan Today: To dump or not to dump a little-discussed substance is the question brewing in Japan as it grapples with the aftermath of the nuclear catastrophe in Fukushima five years ago. The substance is tritium. The radioactive material is nearly impossible to remove from the huge quantities of water used to cool melted-down […]
High Radiation Triggers Alert at Browns Ferry Nuclear Power Plant
April 11th, 2016Via: Times Free Press: The Tennessee Valley Authority activated the lowest of four emergency notifications Wednesday afternoon when high radiation levels were detected in a main steamline at the newest reactor at the Browns Ferry Nuclear Power Plant in Alabama. TVA detected the high radiation condition around 3:35 p.m., central daylight time, on Wednesday. But […]
New Zealand: Solar Tax, “Desperate Move to Squeeze Every Last Dollar Out of a Dying Business Model”
April 9th, 2016Disclosure: I sell solar power systems in New Zealand. — They’re going to gouge people while battery prices are still high. The NZ electricity cartel knows it only has a couple of years left to screw people before grid defection sweeps over this place like a tsunami. In the meantime, get used to hearing about […]
Venezuela: Three Day Weekends for all Workers Due to Power Shortages
April 7th, 2016Via: Independent: Venezuelan workers will get Fridays off in the months of April and May, in a bid to save energy in the black-out hit country, the president said. President Nicolas Maduro said Venezuelans will have “long weekends” in an appearance on state television on Wednesday night, announcing the measure as part of a 60-day […]
Wind and Solar Are Crushing Fossil Fuels
April 6th, 2016Disclosure: I sell solar power systems in New Zealand. — Via: Bloomberg: Wind and solar have grown seemingly unstoppable. While two years of crashing prices for oil, natural gas, and coal triggered dramatic downsizing in those industries, renewables have been thriving. Clean energy investment broke new records in 2015 and is now seeing twice as […]
Southern California Braces for Summer Blackouts Due to Porter Ranch Gas Leak
April 6th, 2016Via: Los Angeles Times: State officials warn that Southern California could face as many as 14 days of scheduled blackouts this summer because of depleted reserves of natural gas caused by the massive leak in Aliso Canyon. The canyon in the hills above Porter Ranch is a crucial gas storage facility, supplying 17 power plants […]
