STUFF

I was Bengalized. Tried selling FDEI and or PSPW to catch NENE bottom. PSPW finally sold at .18 but it was too late to catch NENE's bottom at $1.71. So lost money on PSPW trade. Bengals. Palmer.

Back to biz stuff.

OPEC conference closed very quietly over the weekend. Decided to keep everything the same. No doubt.

10-yr Treasuries yield hit 3.33%. 1% over Oct low. OK. Interest rates are going up. You think. Silver up to $30 from $18 in August. Rumored JP Morgan short more paper silver than physically exists. Prop up the dollar.

China goal to increase domestic PV (solar photovoltaic) power capacity at least 1GW/yr after '12. I bet they don't like air pollution either. N. Am. PV installs in '10 ~1GW. '11 should bring >2GW. Ontario to switch on 1GW of 1.7GW installs thru May '12.

France to temporarily halt new PV projects until launch of new reg framework expected in March. Goal of 500MW/y.

Bulgaria a promising solar market. FIT (feed-in-tariff) cut coming in Jan in Czech Republic. Bulgaria has FIT.

Retail solar module price index fallen from 5.4 cents/watt peak in '01 to 3.3 in '10 in Calif. Cal ratepayers spend ~$30B/y on el.

Brazil: 31GW wind expected to be installed by '25. GE to spend $.5B to expand ops there. Mexico had 582MW wind installed by '10, est. 7GW by '25.

GE energy financial services put $6B into clean E in '10, 30% of portfolio, increase fm 6% in '06.

57MW PV more in development in AZ in 2 announcements last week. Now 70MW in development. IN ARIZONA.

Governor of NY issued exec order for moratorium on fracking until July '11.

NASA: '10 on pace for warmest on record. '05 the last. Hudson Bay normally half covered in ice by Dec. This year 17%. Abnormal high sea temps bleaching coral reefs globally. Et cetera et cetera.

Near-consensus in Cancun. Commits all major economies to GHG cuts. Launched fund to help vulnerable countries. Bolivia opted out. Countries agreed to keep temp rise to under 2 Celsius.

Exxon completed $86M expansion to capture 50% more CO2 from natgas (NG) fields in WY. CO2 injected into reservoirs to extract more oil/NG. Equiv 1.5M car emissions. World's largest C cap plant.

World's data centers cause 2% of GHG emiss. Cloud computing, someone is saying, could reduce E use by third by '20. E costs could drop fm $23B in '10 to $16B. Cloud computing: users use data centers rather than their own. How likely that?

LSCG has 1M 60W equiv LEDs made. Hit shelves soon. $30, half of some other products. But they buzz. 3 yrs or less payback in E savings.

Fed district judge in Richmond Va rules forcing us to pay health insurance unconstitutional. Can't force peeps to pay insurance. Huh. Car insurance? Go judge. Judge v. insurance companies. Who wins that?

Bank of Merica has 1.3M customers behind on mortgages.

China: no interest rate boost.

And I wish ye all happier trails.