Kepler Chevreux, a French investment bank, has produced a
fascinating analysis that has dramatic implications for the global
oil industry. The investment bank estimates that $100 billion
invested in either wind energy or solar energy — and deployed
as energy for light and commercial vehicles — will produce
significantly more energy than that same $100 billion invested in
The implications, needless to say, are dramatic. It would signal the
end of Big Oil, and the demise of an industry that has dominated the
global economy and geo-politics, for the last few decades. And the
need for it to reshape its business model around renewables, as we
“If we are right, the implications would be momentous,”
writes Kepler Chevreux analyst Mark Lewis.
Maybe that’s what the VSU Foundation wants to tell SAVE
when they dine Monday:
VSU gets it (even if Harvard doesn’t) that fossil fuels are a bad investment and solar is where the profits, students, and investors are.
Seventeen foundations controlling nearly $1.8 billion in investments
have united to commit to pulling their money out of companies that
do business in fossil fuels, the group announced on Thursday.
The move is a victory for a developing divestiture campaign that has
found success largely among small colleges and environmentally
conscious cities, but has not yet won over the wealthiest
institutions like Harvard, Brown and Swarthmore.
But the participation of the foundations, including the Russell
Family Foundation, the Educational Foundation of America and the
John Merck Fund, is the largest commitment to the effort, and stems
in part from a push among philanthropies to bring their investing in
line with their missions.
A challenge gets the
incumbents beyond selling slow and expensive as long as they can.
Both these networks will use fiber optics, and that plus fast wireless to
reach everybody else would be very interesting.
The company said on late Monday that it would launch its “GigaPower”
super-fast home Internet service on December 1 in Austin, a city
that Google has said it would deploy its own speedy Google Fiber
GigaPower would start with speeds of 300 megabit per second, or
roughly 40 times the speed of the average U.S. Internet home
connection, before upgrading customers to 1 gigabit per second next
year. Google also plans to offer its own 1-gigabit connection some
time next year.
Why are all these “dependable” baseload capacity nukes down so much?
See for yourself in these interactive graphs of
NRC Power Reactor Status.
They’re in Google annotated timeline format,
with all the zoom and pan features used by Google finance for stock charts.
Reactor Status charts show seven years of
daily NRC power percentage data.
Want to see last month, six months, any 7 days, or some other period?
Now you can, for all 104 reactors, including
the ones recently removed by NRC from status because they’ve closed
You can view your own local reactors
in any of 20 charts.
Why so many graphs? Google annotated timeline charts apparently were
meant for comparing a few stock prices, and don’t handle more than about
seven curves well.
But you can see things in these graphs that are hard to spot in
NRC’s daily tables.
Example: Southern Nuclear Operating Co., Inc. (Alabama, Georgia)
Google Fiber is seen by many as a regional experiment that will push
current Internet service providers to offer faster speeds at more
affordable speeds. Google Fiber head Milo Medin countered that
perception at an event on Wednesday, however. Speaking at a
Fiber-to-the-Home Council meeting, the executive explained that the
company’s fiber-optic broadband network isn’t just an expensive
research project but a great and profitable business for Google,
Medin noted that Google has kept costs down by partnering with
cities that are interested in bringing the company’s gigabit fiber
network to its residents. Partners help Google build a less
expensive and less time-consuming network.
Any local cities around here interested in partnering with Google?
Imagine you are the world’s largest operator of shopping malls, and
shoppers can only get to your malls via the equivalent of dirt paths
and country roads. What’s more, those meager routes are all
controlled by an oligopoly of private, toll-road operators that
focus on their profitability, not on getting consumers to the stores
in your malls.
The result would be a mess. The roads would be slow yet expensive.
Consumers would limit shopping trips. The stores in your malls would
have a hard time generating business, so your malls would languish.
Yet the entire online economy runs on an analogous network. The
network could easily be lightning fast, pervasive and cheap (or even