THANKSGIVING STUFF

We may be off work in USA. But the rest of the world is not. When is everyone's thanksgiving?

TOP STUFF

Lions 14, Texans 7.

Acting CEO/COO of Long I Power resigned. Some in Rockaways and on island may be without power til Christmas. Or later. LIPA is Gov Cuomo's father's creation. Gov makes 9 of 15 trustee appoints. Built-up debt hid from public. In '14, another bureau to be added - Pub Svc Enterprise Grp. "They didn't trim trees enough, service maps outdated, antiquated wiring," and on and on. $7B debt. Took FEMA 10 days to show up at Rockaway. Oy.

EU rejected ban of new fracking. Each state has right to decide for itself.

May be a "lot" more NG offshore than onshore in UK. Maybe 5x. >1TCF. Woo. US uses >20TCF/yr.

Of peer-reviewed lit - gold standard of science - near 14K articles don't reject global warming. 24 articles do. Now, can we establish the cause?

NG over $4. Winter in N Hemi a coming.

Scottish Enterprise - govt arm for econ development - agreement with Areva (FR) for wind turbine nacelle, blade factory in Scotland. For projects offshore Scotland and N England. Scot goal 100% clean/ren elgen, 200% total elgen cap by '20. 35% clean/ren last year, 50% goal by '15.

Brazil, India, US, China, EU point toward 60B gal/yr biofuels market by '22. Can capacity be built? Can mandates survive pressure? Can feedstock meet capacity? Do enough souls care to keep it right? Bulk of mandates from EU-27, 10% renew content  by '20. 13 countries in Americas have mandates or targets. 12 in Asia-Pac. 8 in Africa.

OTHER STUFF

Lions 21. Texans 14.

Sweden won't boost wind E targets. "Unplanned, rash changes would undermine cred for renewable energy certificates system. Avg. price for REC's over past year $29.40/MWh.

U of KY leading project to develop on-farm biomass processing into intermediate liquids to later be picked up and processed at biofuels refinery.

US Renewable Fuels Ass wants Brazil to remove trade-distorting policies. Seeking admin's help. Brazil plans to reduce eth blend to 18% from 25%. And Sao Paulo has imports tariff.

A*STAR Institute for Chem, Eng Sci (Singapore) created combo of acids that could feasibly hydrolyze empty fruit bunches after palm oil extracted.

Brazil research group says producing white sugar 29% more profitable than making anhydrous ethanol, 36% more profitable than hydrous eth. And domestic sugar mart more profitable than exports. Ut oh.

Novozymes CEO says Europe risks falling behind China, Brazil, US in advanced biofuels mart.

Exeter, Tel Aviv U mathmeticians, engineers have developed software to predict height of oncoming waves 10-30 seconds before they hit wave turbines. Could double E extraction.

Brent looks to set to replace WTI as intl benchmark for oil price. Follows more closely movements of global risk to oil. Sauds have dumped WTI, as have refiners, consumers, hedge funds. I'll follow both. Brent today >$110.

Happy Thanksgiving, pards. Turkey up.