VC's invested $560M in greentech in July. Greentech is not just green energy. There are terms to learn. Clean energy is no GHG emissions from power production. Renewable energy is an energy source that is sustainable. Greentech is anything that reduces GHG emissions and/or recycles materials. As far as I understand things. There's a lot of sloppy usage of these terms in reporting.
Marcellus shale NG production last year averaged 1.3BCF/d. At start of '11 it was ~2B. Next 8 yrs, should jump to 17.5B. OK. Look at that. 2B to 17B in 8 years. Should NG price stay stable? And cheap? Seems so, huh. But when can we count on any prices staying the same. With power production turning to gas and some transportation turning to gas and other countries upping their demand, I think prices will be going up.
Greece has already banned short selling. Now France and Italy. OK. That's the market thingy. Eurozone GDP ~$16T/y. Beats USA.
Monsanto to develop drought-resistant corn. About time or just in time. Of course, they will soon then control seed corn market like they do soybeans and other. If they don't already.
Buick's 1st hybrid hit the roads. Wouldn't we rather have a Buick. We had a '56 Buick in the Philippines in '70. The 8 exhaust holes in the hood. Stories. Like the gas station attendant blowing up the Buick's battery with a backwards charge. Fortunately we weren't too close to the car.
Cisco getting out of building/home management. The latest trend.
EU behind on its clean E targets. Could be the financial probs huh?
US Army created a Renewables Office. Targeting 25% renewable power by '25. $7B investment over next 10 years. First sentence in one article was "The Army has gone socialist". O grow up. What the heck is socialist about clean energy?
Rice U research may have created metabolic code to speed up biofuel production 10X. Go Rice.
Thursday, August 11, 2011
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