Wednesday, August 31, 2011

STUFF

Mobile commerce estimated to grow to near $400B/y by '15. Internet commerce now ~$174B/y. Hm. Out of Peapod in '89. Text commerce also being developed. All untaxed?

GE applying MRI superconducting magnet tech to scale up to 10-15MW wind turbines. 2-yr $3M DOE project to dev next gen turbine generators. Aiming to dub torque density and reduce dependence on rare earth minerals. Oak Ridge a podner.

Standard and Poors rates subprime mortgages higher than the USA now. O yea, the devil.

Portugal cranked up their debt reduction efforts.

Solyndra. California solar. Rows of thin-film solar cells in aluminum cylinders tech they now want to sell? Bankrupt. Laid off >1K people. Were hoping for IPO. Said China and the global solar market beat them. Wah. O, the DOE loan guarantee. Now we are out $535M. To Obama backers. This is not going to sound well on the campaign trail for how long. What a difference a day can make, A?

Mikey Bloomberg went to GenOn Energy's coal-fired electricity plant in Alexandria VA last month - 1st I red about it - to announce a $50M grant from his foundation to Sierra Club's "Beyond Coal Campaign" to close such plants nationwide. Mike for Prez? He's as small as Putin. Or Napoleon? But way to go Mike.

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