STUFF

Odds of global recession 100%: Faber. Well, why not think positive.

Mitt says "big biz is doing fine". I guess that's what Barrack was saying a while ago, though saying - oops - "private sector". And big biz IS doing fine. Making profits, though maybe down a little lately, and plenty of cash in the bank. Duh.

Clean/ren en got ~$66B in subsidies worldwide in '10. This year, global fossil fuel subsidies estimated between $775B and $1T.

Nautilus Solar started operations of 1.9MW from rooftop project in Cal. Power to S Cal Ed. Nautilus owns, operates 89MW of solar in US.

Peabody Coal got mining rights for 400 acres in NW Colo.

Rising sea forcing natives to evac islands off Panama. I keep asking one of me bro's if he notices water coming up at Marco Island. He says no. I will ask me sis and bro-in-law there. They still have boats.

Of course, big news this week was Fed court throwing out EPA rule for air pollution across state lines. Enviros eyeing less well-known section of Clean Air Act as possible vehicle for downwind states to force upwind neighbors to limit harmful emissions. States' rights.

And what is it that GOP conventions now get hurricanes (Isaac potentially) when they meet?

CBO: 2 GOP bills on ozone depleters wouldn't cost much. That's something I would think we'll see more of.

Army Corps: OMB funding formula "stacks the deck" against urban projects. Red into that: New Orleans.

Ancient tortoise - absent from NM for 11K years - poised for comeback. It can't get more obvious. They beat the hares.

Residential water wells drying up across US midwest.

Green Peace activists scaled Russian Arctic oil platform. Huh. Didn't know they had one.

Alaska, Hawaii talking potential LNG transfers.

NYC weighing options for protecting against rising seas, severe weather.

Australia's Victoria state banned fracking.

Singapore enviro agency up'd standards for emissions.

70% Japan citizens favoring zero nuke. Can you blame them?

Corn stalks nowadays so tough that tractor tires wearing out faster than anyone anticipated. Costing farmers big.

Iowa produced 3.9B gal of eth and biodies last year. 24% growth in GDP since RFS ('05). Prod now down 30% for drought relief. And eth plants can't pay >$6.75/bush for corn. 325M gal in active biodies capac, 25M gal mothballed. 18 new projects for next-gen biofuels.

EIA: US eth prod avg 823Kb/d - 34.6M gal. Stocks at 18.5M bls. Gasoline demand for week avg'd 38Mg/d.

Romney backs the RFS.

Romania and Russia sparring over energy. Who wins that? Go Romania.

Turkey's Genel En taking gamble on Iraq oil.

Sats showing significant progress at new N Korea reactor believed to be front for weapons. Supposedly xperimental light-water reactor years away from completion.

WalMart launched 20-story wind turb in Cal for distribution center. That's a state-of-art 3MW turb at least.  90MW TX wind farm for 30 stores. Go Wally World. And Waltons own FLSR. The Waltons are somebody. Though they did take manufacturing to China. In history, was that good or bad?

Iran reps agreed to meet with IAEA in Vienna today. UN to release Q report after.

Ford set to gain soon in hybrid mart.