US drones to Libya war. Well, we don't really like despots. Especially ones with oil.
Oil over $112 today. And I keep hearing the story that there's boocoo oil under America that we just don't sup out of the ground. I guess the owners are waiting for $200 oil. Or higher.
Anyway, oil pollutes. Pollution creates warming and, with that, epochal disruptions. Well, there's the political disconnect from science. I'll move on.
By now, Jesus had already been hanging for an hour. If you can imagine going through that. And this year it's also Earth Day. It's truly incomprehensible. The story is truly ineffable. He was only about saving all our souls from spiritual death despite ourselves. Our Father was the first who said "either you're with Me or you're not". And looks like He's giving us 7 thousand years or so to make up our minds. You know, just in general, how in hell could any human being take part in crucifying this guy who had been performing amazing, even death-defying miracles for 3 years. It does boggle the mind. Boggles mine.
So, anyway, in the spirit of Earth Day, moving onward. And hopefully upward.
We got utilities stepping up. Columbia Gas of OH & AEP to pay home builders $900-$2k/home to add E-saving features. Wow. In effect since September. Well, it is something.
Within 72 hours, Tampa El ran out of their $1M in rebates for solar PV installs. Wow. All of $1M. O, but, at least something.
Appalachian Power launching E efficiency, rebate incentives for WV customers. Lighting, weatherization, E audits, retrofits for HVAC, el motors, etc. Didn't catch a dollar figure. "Appalachian Spring" by Copeland. Caught that yesterday on the rad-e-o.
CA's E Commission put up $4.6M to get $392M from DOE, stimulus (ARRA apparently still in biz) and other matching grant funds for smart grid, clean E, E efficiency, etc projects.
El cap in Iraq now doubled from pre-war to 7.9GW. Demand >15GW. Oops. US spent $4.6B since '03 on it. Where did the other $1.5T go? Most users pay little to nothing for el. OK, how does that work? But their oil prod has rizd 26% before war to 2.7mb/d. Woo.
Google E purchasing 100MW wind from Next Era E's OK farm, online 4Q11. Next Era's wind fleet >8GW - largest in N.Am. Google also buys 114GW wind from Next Era's IA farm.
BP agreed to release $1B from the $20B GOM fund for restoration projects. O goody. I'm not sure I'm getting this story righteously enough.
Sinopec paid $1.5B for 15% of Australia Pacific LNG project. Worth $85B over next 20 yrs. AU has $200B of LNG projects onboard, much going to China. AP initial cap 4.5M tons/yr (mtpa) LNG, with ramp to 18M. Online in '15. China plans 10% LNG of total E use by '20, LNG imports to rise 5x to 46mtpa.
Finally, premiums paid on homes with solar PV fleshing out to $5.50/w, comparable to install costs. Rez installs grew avg. 51% last 5 yrs. '10 total cap ~677MW. In '10, rez 30% of national market, utilities 28%, commercial/industrial 42%.
And that's the come and the go pardners. Happy trails.
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