Obama halted EPA regs for smog. I think I said that a month (?) ago. Let's slow the train down. The economy has enough problems right now. FTEK may be affected. Other pollution equipment makers. But a lot of coal plant closings have already been announced. A lot might be reversed. We shall see. EPA also considering mandating upgrades of cooling water intake systems to spare fish and organisms. O that darn EPA.
Our government is finally going to sue the big banks over the mortgage fiasco that created the financial brinkmanship of '08. Went right up to the filing deadline. So this will last 7 years? and cost how much? Ut oh, and Warren the Buffet just bought into Bank of America. Will he cancel the fundraiser for Obama?
FLSR got a $456M loan guarantee from the US Export-Import Bank for 2 projects in Canada. 90MW total.
World Wind Energy Assoc: In 1H11 all nations added 18.4GW of wind power. 43.9GW expected to be added by yearend. World total installed wind mid-year 215GW. 37GW was added in '10. China installed 8GW thru June '11. US 2.25. India 1.48. China has 52.8 installed (grid connects still a question). US has 42.4. Germany 28. Spain 21. India 14.5.
Britain has had coolest summer since '93. 126% more rain, tho, than normal.
Russia's oil output hit post-soviet high of 10.28mb/d in Aug. Up from 10.26 in July. Sauds increased to 9.9, up 50k.
Russia wants to partake in the Turkmenistan-Afgahanistan-Pakistan-India gas pipe project. Who was Stan?
Russia likely to increase crude exports via Baltic in '12 by 40% to ~100M tons. 100M tons of oil is.... I got ~300k bls.
EU did agree to ban Syrian oil imports.
World supports the new Libyan leaders. Yea.
An international tribunal ordered Ecuador to pay Chevron $96M. Case goes back to early '90's. Maybe that fed suit against the big banks will go longer than 7 years.
China put brakes on oil/gas investments in Iran. What do you know. Way to go China. Has to be a reason other than going along with the US, tho. And China's not out of money. What, $3T now sovereign wealth fund? And they don't have enough oil or NG. Maybe the deals aren't good enough.
Green E use in Germany passed 20% of total energy mix.
DOE unveiled "Sunshot" PV program winners. We will bring solar energy down to $1/W installed before this decade is out. A little more practical than going to the moon? $145M spread out across 24 states. Wo. Not another $145M?!
Who says holiday Fridays carry no news.
Happy laboring honoring, pards.
Friday, September 2, 2011
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