Financial Markets

PETER W. HUBER Bound to Burn Humanity will keep spewing carbon into the atmosphere, but good policy can help sink it back into the earth. TEUN VOETEN/SIPA Cheap coal, like that extracted from this Chinese mine, is essential to the developing world’s economic growth. Like medieval priests, today’s carbon brokers will sell you an indulgence [...]

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Another top-level view from Peter Huber. Executive Summary Electricity—not oil—is the heart of the U.S. energy economy. Power plants consume as much raw energy as oil delivers to all our cars, trucks, planes, homes, factories, offices, and chemical plants. Because big power plants operate very efficiently, they also deliver much more useful power than car [...]

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A replay ? Energy & Genius A Brief History of Energy Boondoggles Daniel Fisher 11.24.08, 12:00 AM ET  Forbes.com The U.S. Department of Energy has spent $57.5 billion over the past 30 years researching and developing clean energy technologies. In all that time the nation’s energy portfolio has barely budged. Fossil fuel as a share of [...]

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U.S. Department of Energy to Invest up to $13.7 Million for Breakthrough Solar Energy Projects 11 Projects selected from universities across the country WASHINGTON, DC – The U.S. Department of Energy (DOE) today announced that DOE will invest up to $13.7 million, over three years (Fiscal Years 2008 – 2010), for 11 university-led projects that [...]

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Much of the innovation in exchanges and derivatives has come from Chicago – not New York or London. Once best known for derivatives in farm products – cattle, hogs etc. _ Chicago leads the rest of the world in innovating and dominating in the trading of derivative products(options, futures, commodities etc), symbolised by the emergence of the Chicago [...]

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