US companies earned $1.66T last Q. That's profits. That's $6T for a year, twice the fed budget. And if you hire 10M folks at avg $40k/yr (I think below median) you would spend $400B. What, 7.5% of corp profits or so? Something is really cold here. Hearts? Besides, don't employees add to your potential for growth? Let alone our country. Just thinkin.
Interior plans to fast-track process for offshore wind. What if the wind turbines suck all the wind out of the atmos? I know. They won't suck it all. But what is the wind loss after going through turbines? Climate change studies are needed.
US ethanol subsidies $7.7B in '09. Expire Dec 31. It takes 29% more fossil fuel energy to make ethanol from corn than the amount of fuel produced. And how long has this not been making any sense besides driving up food costs? Since presidential candidates have been sucked into Iowa primaries maybe. Switch grass takes 45% more. I recall W's mention of switchgrass in one state of the union.
The same study (Cornell/UC Berkeley): ethanol production in US doesn't benefit energy security, ag, economy or environment. We haven't herd from ADM or the rest of the ethanol money yet.
Seaweed has great potential for algae biofuels. ~10yrs from commercial viability (multi-trillion industry potential).
EPA finalized rules for CO2 sequest.
EPA rated Nissan Leaf @106MPG-equiv city, 92 country. Volt 93 in el mode. Or is it el a la mode?
$2B paid out so far for BP spill comp fund.
135 global mayors signed climate change agreement to reduce GHG's in Mexico City pact for monitoring and verification. We the people can track it on the web.
Global GHG's predicted to hit record in '10. Dipped in '08 and '09 with the recession. Fossil fuel gases in '09 fell 11.8% in Japan, 6.9% in US, 8.6% in Britain, 8.4 in Russia.
Would have more, but got hit with a hard cold Wednesday. Good health, good turkey hunting and good thinkin y'all.
Saturday, November 27, 2010
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