Tuesday, September 14, 2010

STUFF

Fuel cell shipments to increase 68% annually thru '12. One projection. Think about it. Maybe for clean coal. Plus vehicles.

Hyundai to sell 500 HFCV's (Hydrogen Fuel Cell Vehicles) in '12, 3 yrs ahead of everyone else.

MIT has battery tech 100x the power of lith-ion by weight. Nanotubes coated with layer of reactive fuel. And we were apprised of this in March somewhere. Ten times is considered breakthrough. Just follow MIT and you can make a fortune. Possibly. Godspeed American science and technology. You sure subsidize it enough.

DOE awarding $575M for carbon capture R&D grants. $4B invested so far matched by $7B private. 22 projects in 15 states. Funded from stimulus.

Group tied to Oklahoma oil billionaires behind campaign to deny man-made climate change taking aim at 10-state program in Northeast begun in '08 to cut power plant emissions. Emissions kill most in Ohio and Pennsylvania. The Kochs.

2 solar thermal projects licensed in Calif in last 2 weeks. 9 more large projects going up for approval before year end. 4.3 GW if all approved.

Israel, as predicted in Bible, has oil and NG off their coast. Levant Basin valued @ $650-700B. Probably will be contention with Lebanon, at least.

Castro admitted that Cuba's communism failed. What a world. The gov employs 75% of people.

US Steelworker's Union accuse China of breaking WTO rules by unfairly subsidizing exports of clean E. China has given its solar suppliers $22.5B to help them compete by securing credit from state-owned banks, most to those Chinese solars listed on the NYSE - Suntech, Yingli, Trina. What was that about Cuba.

New major oil field find in Ghana - Tullow Oil.

Biomass production must be under $300/dry ton to compete with fossil. Origin Oil (OOIL) testing out a wet process coming in around $200.

Denmark has hit the public wall of wind development. Too much noise and increasing power costs after over $700M has gone for subsidies to the companies since '05. Their state-owned power company is stopping onshore windfarms. Much of their wind power is going out of country because the power from wind has to be used when it's made unless it can be stored and we're not there yet. France also is pulling back. But world prices for wind turbines is down 15% from '08.

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