Brazilians Hoard Water, Prepare for Possible Drastic Rationing
February 11th, 2015Via: Reuters:
Brazilians are hoarding water in their apartments, drilling homemade wells and taking other emergency measures to prepare for forced rationing that appears likely and could leave taps dry for up to five days a week because of a drought.
In São Paulo, the country’s largest city with a metropolitan area of 20 million people, the main reservoir is at just 6 percent of capacity with the peak of the rainy season now past.
Other cities in Brazil’s heavily populated southeast such as Rio de Janeiro face less dire shortages but could also see rationing.
Uncertainty over the drought and its consequences on jobs, public health and overall quality of life have further darkened Brazilians’ mood at a time when the economy is struggling and President Dilma Rousseff’s popularity is at an all-time low.
After January rains disappointed, and incentives to cut consumption fell short, São Paulo officials warned their next step could be to shut off customers’ water supply for as many as five days a week – a measure that would likely last until the next rainy season starts in October, if not longer.
State officials say they have not yet decided whether or when to implement such rationing, in part because they are still hoping for heavy rains in February and March. Indeed, thunderstorms in recent days have caused lakes to rise a bit.
Still, independent projections suggest that São Paulo’s main Cantareira reservoir could run out of water as soon as April without drastic cuts to consumption.
Apple Makes Huge Solar Power Investment
February 11th, 2015Disclosure: I sell solar power systems in New Zealand. And I’m holding one almost worthless February 27th put option on Apple.
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Huge?
Huge, in terms of the solar industry? Yes. Huge.
But is it huge in terms of Apple?
This story is being reported all over the place, but consider that $850 million represents pocket lint for Apple. Their cash reserves were $160 billion as of 2014.
What we have here is a single actor that could, at its whim, cause a disorderly advance in solar power. Slow and steady advances are happening in solar with relatively tiny investments. What happens now that the most valuable company in the world has just become the largest single commercial purchaser of solar power in the world?
Via: Reuters:
Apple Inc (AAPL.O) will buy about $850 million of power from a new California solar farm to cut its energy bill, the iPhone maker said on Tuesday as its stock market value closed above $700 billion for the first time.
The First Solar Inc (FSLR.O) plant, with the capacity to power the equivalent of 60,000 homes, will be used to supply electricity for Apple’s new campus in Silicon Valley, and its other offices and 52 stores in the state, Chief Executive Tim Cook said at a Goldman Sachs technology conference in San Francisco.
Cook addressed investors as Apple’s stock market value closed at $710.74 billion for the first time, buoyed by record sales of big-screen iPhones and a December-quarter profit that was the largest in corporate history.
Apple was already the world’s largest publicly traded company by stock value.
The plant in Monterey County, California will also power an Apple data center in Newark, California that already relies on solar power.
“We expect to have a very significant savings because we have a fixed price for the renewable energy, and there’s quite a difference between that price and the price of brown energy,” Cook said.
“We know in Apple that climate change is real. The time for talk is passed,” he added. “The time for action is now.”
First Solar, based in Tempe, Arizona, manufactures solar panels and builds solar power plants, many of which it sells to power producers.
Construction of the 2,900-acre California Flats Solar Project is expected to start in mid-2015 and finish by the end of next year, First Solar said in a statement.
Apple will receive electricity from 130 megawatts of capacity under a 25-year purchase agreement, the largest in the industry to provide clean energy to a commercial end user, First Solar said. Output of the project’s remaining 150 megawatts will go to Pacific Gas and Electric Co (PCG_pa.A).
Apple will not receive an equity stake in the project and will make the payments over the lifetime of the deal rather than all at once, First Solar spokesman Steve Krum said.
“The reason that they made this choice is because they saw a way to save economically,” Krum said. “You won’t have price volatility from other fuel sources. The fuel is free. It’s competitively priced from other options they would have.”
The project could not have gone forward without Apple’s participation, Krum said.
Record Number of Americans Gave Up Citizenship in 2014
February 11th, 2015Via: NBC:
While politicians are focused on all the foreigners who want to become Americans, perhaps they should consider all the Americans who are becoming foreigners.
According to the latest data from the Treasury Department, spotted by Andrew Mitchel at the International Tax Blog, a record 3,415 Americans renounced their citizenship in 2014. That was up from the 2,999 in 2013 and more than triple the number for 2012.
Research Credit: venuspluto67
Obama Sends Letter to Congress Seeking Authorization of ISIS Fight
February 11th, 2015Back around 2003, I had a T-shirt made with this logo on the front:

It never goes out of style.
Via: New York Times:
President Obama on Wednesday formally asked Congress to authorize a three-year military campaign against the terrorist group the Islamic State that would avoid a large-scale invasion and occupation but in addition to air power could include limited ground operations by American forces to hunt down enemy leaders or rescue American personnel.
A proposal sent by the White House to Capitol Hill on Wednesday would formally give the president the power to continue the airstrikes he has been conducting since last fall against the Islamic State, also known as ISIS or ISIL, as well as “associated persons or forces.” The measure would set limits that were never imposed during the wars of the last decade in Afghanistan and Iraq by expiring in three years and withholding permission for “enduring offensive ground combat operations.”
But in a letter to Congress accompanying the proposal, Mr. Obama, who has said there would be no boots on the ground in Iraq and Syria, envisioned limited ground combat operations “such as rescue operations” or the use of “Special Operations forces to take military action against ISIL leadership.” He also said the legislation would allow the use of ground forces for intelligence gathering, target spotting and planning assistance to ground troops of allies like Iraq’s military.
“If left unchecked, ISIL will pose a threat beyond the Middle East, including to the United States homeland,” Mr. Obama wrote. While he repeated his contention that “existing statutes provide me with the authority I need,” he said he wanted to work with Congress to obtain bipartisan support. “I can think of no better way for the Congress to join me in supporting our nation’s security than by enacting this legislation, which would show the world we are united in our resolve to counter the threat posed by ISIL.”
The proposal was the first time a president has sought congressional approval for force since lawmakers voted in 2002 to authorize President George W. Bush to invade Iraq. Mr. Obama pulled troops out of Iraq in 2011 but has sent a limited number back as part of his campaign against the Islamic State. His proposed legislation would repeal the 2002 authorization but leave in place separate legislation passed in 2001 allowing force against Al Qaeda and its affiliates.
Judge Rules for NSA in Warrantless Search Case
February 11th, 2015Via: Reuters:
A U.S. judge on Tuesday ruled in favor of the National Security Agency in a lawsuit challenging the interception of Internet communications without a warrant, according to a court filing.
U.S. District Judge Jeffrey White in Oakland, California wrote the plaintiffs failed to establish legal standing to pursue a claim that the government violated the Fourth Amendment.
The ruling is the latest in litigation over the government’s ability to monitor Internet traffic, and how it balances national security priorities against privacy.
Millions of Facebook Users Don’t Realize They Are on the Internet
February 10th, 2015Via: Quartz:
Indonesians surveyed by Galpaya told her that they didn’t use the internet. But in focus groups, they would talk enthusiastically about how much time they spent on Facebook. Galpaya, a researcher (and now CEO) with LIRNEasia, a think tank, called Rohan Samarajiva, her boss at the time, to tell him what she had discovered. “It seemed that in their minds, the Internet did not exist; only Facebook,” he concluded.
Why Animals Eat Psychoactive Plants
February 10th, 2015Via: BoingBoing:
What Ronald K. Siegel discovered seems strange at first. He explains in his book Intoxication:
After sampling the numbing nectar of certain orchids, bees drop to the ground in a temporary stupor, then weave back for more. Birds gorge themselves on inebriating berries, then fly with reckless abandon. Cats eagerly sniff aromatic “pleasure” plants, then play with imaginary objects. Cows that browse special range weeds will twitch, shake, and stumble back to the plants for more. Elephants purposely get drunk off fermented fruits. Snacks of “magic mushrooms” cause monkeys to sit with their heads in their hands in a posture reminiscent of Rodin’s Thinker. The pursuit of intoxication by animals seems as purposeless as it is passionate. Many animals engage these plants, or their manufactured allies, despite the danger of toxic or poisonous effects.
Noah’s Ark, he found, would have looked a lot like London on a Saturday night. “In every country, in almost every class of animal,” Siegel explains, “I found examples of not only the accidental but the intentional use of drugs.” In West Bengal, a group of 150 elephants smashed their way into a warehouse and drank a massive amount of moonshine. They got so drunk they went on a rampage and killed five people, as well as demolishing seven concrete buildings. If you give hash to male mice, they become horny and seek out females — but then they find “they can barely crawl over the females, let alone mount them,” so after a little while they yawn and start licking their own penises.
In Vietnam, the water buffalo have always shunned the local opium plants. They don’t like them. But when the American bombs started to fall all around them during the war, the buffalo left their normal grazing grounds, broke into the opium fields, and began to chew. They would then look a little dizzy and dulled. When they were traumatized, it seems, they wanted — like the mongoose, like us — to escape from their thoughts.
Stopped Out of USO
February 10th, 2015Warning: This is not a recommendation to buy, sell or hold any financial instrument.
I set a stop limit order to get me out of USO with a few cents gain in case it went down again. Well, that’s what happened early this morning. The picture on oil is more blurry now. I can see it bouncing higher just as easily as taking another leg down. So, rather than letting my first lot of USO head into the red for the second time, I got out basically flat (I might owe a couple of bucks for commissions) hoping to buy more lower.
U.S. to Establish New Cybersecurity Agency
February 10th, 2015Via: Reuters:
The U.S. government is creating a new agency to monitor cybersecurity threats, pooling and analyzing information on a spectrum of risks, a senior Obama administration official said on Tuesday.
The Cyber Threat Intelligence Integration Center (CTIIC) will be an “intelligence center that will ‘connect the dots’ between various cyber threats to the nation so that relevant departments and agencies are aware of these threats in as close to real time as possible,” the official said on condition of anonymity.
Introducing Spot
February 10th, 2015Via: Boston Dynamics (Google):


