Wednesday, June 8, 2011

STUFF

5 US comps have AAA rating: ADP, Exxon, Johnson and Johnson, Microsoft and Pfizer. Fitch now warns that US may lose AAA rating. Yep, part of the Wall St. gang that brought us this "great recession".

Record snowpack, heavy rains have filled Missouri River reservoirs to the top. Only option is to release it, which will result in flooding downstream until mid-August.

GE to invest in eSolar to build hybrid NG/solar thermal plants. Baseline power. Terms not disclosed.

Honeywell tapped by SynGest to produce ammonia for biomass.

Sunpower Biodiesel launched biodiesel from canola plants in WI.

Obama pledged US cooperation in euro debt crisis. Well, we did give them the financial crash.

US called for China to disclose all its govt clean E subsidy programs. China agreed to end their wind power subsidies. US had the WTO case against their grants to wind turbine makers. 3rd successful WTO challenge US has brought against Chinese subsidies. I don't get it. US has wind subsidies. What does make sense these days anymore?

New EPA regs for cleaner coal plant emissions would cost utilities $17.8B/yr: coal industry report.

Switzerland will shutter their nuke reactors by '34.

China CO2 emissions up 10% in '10. Their annual "state of environment" report says the situation is "very grave". SO2 emissions down, tho. Yay. Something. Temp rise in China since '61 at least .5 degrees C (~.9 degrees F).

Climate debate sparked death threats in Australia. Can't make this stuff up.

Increased jellyfish populations damaging ocean food chain.

Exxon has 2 new oil and 1 NG discovery in deepwater Gulf of Mex. Up to 700M bls equivalent. What is that, about 8.5 days worth for world's present use? ~800 miles from New Orleans. Partnered with Eni and Petrobras.

AT&T to spend more with suppliers that track carbon.

Still boggles my mind: the internet has run out of IP addresses.

SPWRA's newest panels' efficiencies >20%. Proto developed from DOE Solar America Initiative funds 4 years ago. 24% theoretical top for Si. Course, there's EMKR's gallium arsenide 40% plus.

Brazil to loan up to $22B for sugarcane eth expansion. Flex-fuel vehicles there now 45% of fleet, to rise to est. 86% by '20. Columbia sugarcane producers to up production 10% this year to 1.25M liters/day. GM, meanwhile, to scale back investment in flex vehicles production. And Ford CEO urged Congress to back one tech if they want to be serious about alt fuel vehicles. Electric or the biofuel mess.

Ohio eth producers paying up to $1/bushel over futures prices. Definitely a money losing deal. And the crop's off to a slow start.

PEIX did a 1-for-7 reverse split.

And I'm doing my split. See ya on the trails, pards.

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