Ex-Im Bank of China to finance $2.5B TX Clean E Project - coal plant to capture, sequester 90% of CO2 emissions. China wants to buy another US tech. Fine, let's create more new techs (just sayin as a US'n).
GOM oil production back up post-Isaac.
Global oil production slipped 100kb/d in Aug to 90.8mb/d. Tehran exports up last month to 1.1mb/d. Global demand up 1.2mb/d in Q2 primarily from Japan replacing nuke power.
US and Canada advanced biofuels production projected to increase to 1.6B gal/y by '15, up to 2.6B. Build or retro of 27 biorefineries.
DOE estimates ethanol production to rise later this year to avg 830kb/d July-Dec. Further rise to 870kb/d expected 2H13. Early '12 production was higher (drought hit corn crop).
Project Thunderbird in Cal got go ahead. 10-15 year project for 10 biorefineries producing 550M gal of advanced biofuels in tribal nations. Over $3B investment. Use of 750K+ acres for biofuel crops.
USDA awarded $450K grant to Infinite Enzymes to commercialize its tech and garner new investors. Govt grants to garner investors?! The biz of govt is biz. Lowers cost of producing sugars. Follows on '10 grant. Hay, Barrack, I need investors.
France reconsidering 10% 1st-gen biofuels for food concerns. Calling for 7% cap.
Brazil ethanol production up 10% last half of Aug because of dry weather enabling sugar mills to boost production. Up to 1.92B liters.
NYPA to let contract with Indian Point nuke plant expire next year. Plant up for NRC 20-yr renewal license.
Brazil high court upheld ban on Transocean, Chevron ops.
Decaying US ports, waterways, airports to cost 1M jobs, $1T lost income by '20: report.
EPA awarded $11M for chem industry safety research.
NYC schools had 2nd PCB leak in 1 week.
Italy aims to ease bureaucracy for enviro assessments.
Seadrill investing $7B to build 18 deep water drilling rigs, $4B to build near 50 ships for LNG, oil, propane and other fuels. Singapore yards selling deep water rigs for $535M, down 31% from '08. China, S Korea shipbuilders asking $80M for supertankers, half '07 cost. Always buy the bottom.
MIT proposing magnets for oil spill cleanup. Spilled oil pumped onto ship mixed with water-repelling ferrofluid - magnetic liquid containing nanomagnets in suspension. Fluid then separated from oil. Always go with MIT. Another tech to sell to China.
Tesco (UK) to open supermarket for LEDs. LEDs will drop E consumption 30%. If people will USE THEM.
Downloads of mobile aps hit 32B in June. Expected to dub by yearend.
Heavy clay deposit or industrial dye likely cause of red Yangtze days ago. Or algae bloom. Similar occurences in Lake Maharlou in Iran in April, Lake Retba in Senegal in June, Azov Sea (Russia-Ukraine) in July, Camargue France and Lake Tuz Turkey in Aug. Fairly common phenom. But. On rise?
Thursday, September 13, 2012
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