Saudi Arabia predicted to be net importer of oil this summer.
China has imported 436 tons of gold in past 8 months, creating 25% increase in total global investment demand. Last year it was 57 tons for same time period. (As reported here recently, they are paying for Iran crude in gold.)
European investors bought $1.6B of US real estate in '11, >2x '10. But. It was $8.4B in '07. Banks have >$3T of commercial real estate on books.
Nations with highest math scores - e.g. Taiwan, Singapore - also have had highest GDP growth rates. And US spends much more per student on ed than either example.
MidAm Solar, FSLR started build on 550MW solar farm in Calif. 3-yr build. To be largest solar project in world. Mid Am will own. PG&E to buy the power.
TXU Energy (Dallas) launched free night time power rates. 10P to 6A. 2-yr period.
200-430K solar jobs in US by '20: Baker Center. Looks like numbers depend on govt policy.
NG can reduce fuel costs up to 40% (with gas @ $3.50/gal): Bloomberg in March. So what are we waiting for?
JP Morgan's Dimon wants Simpson-Bowles implemented now. Well, Washington does listen to Wall St.
Semprius' concentrated solar cell - almost 2x present silicon PV efficiency - will be hitting market later this year. ~16% owned by Siemens.
Sunday, May 6, 2012
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