Single kilograms of matter, antimatter with collision release equiv of 43 megatons TNT, slightly less than Tsar bomb - largest, most powerful termonuke ever detonated. Challenge is to get this power into our energy portfolio.
G20 doubled IMF funds with $430B infusion last week to use if Europe crisis deepens.
11M US homes still underwater.
Liquid Metal Battery Corp commercializing batt tech for grid-scale power storage. Magnesium top layer, antimony bottom, liquid salt in middle.
Spain to seek restricting imports of biodiesel from Argentina in retaliation for YPF nationalization. Spain imports ~3/4 of its biofuels. Argentine shipments to Spain last year ~$991M worth. Repsol planning intl court challenge, but Argentina already world's biggest defaulter on investment arbitration awards. Spain may also press for EU sanctions against Argentina. Repsol also says Argentina's move was aimed at control of their recently discovered shale gas formation that could be world's 3rd largest. Repsol had been in negotiations with Sinopec to sell its 57% share of YPF. Argentina, of course, also in trade war with UK over Falklands and its recently discovered oil.
US Supreme Court closed human rights case brought by Nigerians against Chevron. Nigerians had already lost jury trial and appeal.
N Atlantic Cod included in Whole Foods' decision to stop selling seafood it doesn't consider sustainable.
VA Supreme Court ruled again that insurance doesn't cover climate warming claims.
States re-evaluating fracking rules in light of drilling-linked quakes.
DOT opened bidding for high-speed railcars.
30 biofuel comps settled with EPA over fraudulent credits.
Egypt ended NG deal with Israel. Noble Energy developing fields off Israel that hold ~30TCF of NG, worth ~$670B at today's prices. Other neighboring countries vying to develop E Meditteranean fields.
Iceland going after new corporate citizens by touting their 100% renewable, clean energy portfolio - hydro and geothermal.
US, UK to sign pact to collaborate on developing floating wind turbines for deepwater.
NREL has patented catalyst that converts tar made in syngas process into additional syngas ready for fuel synthesis. Mixture of nickel, magnesium and potassium salt with support structure created by CoorsTek. Licensed to Rentech.
Est. 200K cubic meters of NG released so far from Total's leaking well in N Sea.
Iraq's 2nd mooring system online last week, adding another 450kb/d of export capac. Baghdad hopes to increase Basra exports from 2.15mb/d now to 2.75m by yearend.
Canada's NG prod could drop up to 2.6BCF/d by '14 as drillers switch from dry gas to liquids as NG prices continue lower.
After power failures, blackouts, Japan ready to resume nuke power.
Oil Search struck more gas in Papua New Guinea, supporting expansion of $15.7B NG export joint venture with Exxon.
BP reached $7.8B settlement for bulk of claims over Gulf spill.
Below-avg hurricane season expected - 4 storms.
Dow Chem to build multi-billion $ plant to convert NG into building blocks for plastic.
Brits may have enough offshore shale gas to get it into top rank of producers, experts believe.
By 2-to-1 margin Americans say weather has been getting worse.
Ford exec said Focus' batt packs cost $12-15K each.
EPA: overall emissions (US) rose 3.2% in '10 from '09.
China may quadruple its NG use by '20. They also halved their Iranian crude imports in March due to disputes over contract terms.
Phillips intro'd $60 LED that they say lasts >20 years.
Monday, April 23, 2012
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