William Cohan’s book paints a picture of GS clearly shorting mortgage-backed securities at the same time as selling them, then obfuscating in congressional investigations.
Solarcentury
The company I founded in 1998 to design and supply solar energy solutions for the built environment. Solarcentury
Solar Aid
The charity I founded in 2006, with a 5% contribution of Solarcentury profits, to help deliver solar lighting to Africa. Solar Aid
Archive for April, 2011
Total buys 60% of solar PV manufacturing giant Sunpower for $1.38 bn.
April 29, 2011 Clean Energy, Nuclear, OilThe deal was friendly, with Sunpower needing help in competing with the Chinese manufacturers. Total will offer a $1bn credit support. Total’s motivation: a hedge financed by high oil prices? Note that Total has invested in nuclear: an 8.33% interest in the EDF/GDF Suez consortium commissioned to develop the European pressurized reactor project in Penly, France.
IEA: governments should have recognised oil depletion problem ten years ago.
April 28, 2011 Oil, Top Ten Signposts to Energy Crisis, Useful peak oil summaries on filmSo says Fathi Birol, IEA chief economist, on ABC Catalyst’s 12 minute peak oil film, while appearing doubtful about the IEA’s own assertion that production can be lifted to 96 mbd by 2030, crude having peaked in 2006.
A year on from the Macondo spill, 1.1 million barrels of oil are still missing.
April 26, 2011 OilOf the 5 million barrels spilled, more than 20% can’t be accounted for, scientists studying the aftermath say.
“Hold that horse: we’re running out of time”.
April 6, 2011 Change for Good, Climate, Commentaries, Finance, OilSo Jeremy Leggett argues in Sublime magazine. “It’s absolutely vital that, as far as the three major crisis debates are concerned – finance, energy, climate – each of us makes up our mind about what we think.” (Not the sub-editor’s finest effort, I have to say).
Peak oil: Houston, maybe we do just have a problem?
April 28, 2011 Commentaries, Oil, Useful peak oil summaries on filmIn the best short TV account I have yet seen on the peak-oil problem, the IEA’s chief economist is teased on ABC TV into going as far as I have ever seen or heard him go in saying that a crisis of global oil supply is near.