Is Capitalism An Illusion – Have we been deluded for the last 100 years?

The American public has been told for 100 years that prices are controlled by supply and demand. What if that is not true? The implications for how we treat the rich are enormous. Yet the energy market, one of our largest ever, is pointing to the idea that there is no relation between supply and demand.

http://www.msnbc.msn.com/id/29495753/

Oil producers running out of storage space

Glut caused by world slowdown leaves the world awash in crude

NEW YORK – Supertankers that once raced around the world to satisfy an unquenchable thirst for oil are now parked offshore, fully loaded, anchors down, their crews killing time. In the United States, vast storage farms for oil are almost out of room.

As demand for crude has plummeted, the world suddenly finds itself awash in oil that has nowhere to go.

It’s been less than a year since oil prices hit record highs. But now producers and traders are struggling with the new reality: The world wants less oil, not more. And turning off the spigot is about as easy as turning around one of those tankers.

So oil companies and investors are stashing crude, waiting for demand to rise and the bear market to end so they can turn a profit later.

Meanwhile, oil-producing countries such as Iran have pumped millions of barrels of their own crude into idle tankers, effectively taking crude off the market to halt declining prices that are devastating their economies.

Traders have always played a game of store and sell, bringing oil to market when it can fetch the best price. They say this time is different because of how fast the bottom fell out of the oil market.

“Nobody expected this,” said Antoine Halff, an analyst with Newedge. “The majority of people out there thought the market would keep rising to $200, even $250, a barrel. They were tripping over each other to pick a higher forecast.”

Now the strategy is storage. Anyone who can buy cheap oil and store it might be able to sell it at a premium later, when the global economy ramps up again.

The oil tanks that surround Cushing, Okla., in a sprawling network that holds 10 percent of the nation’s oil, have been swelling for months. Exactly how close they are to full is a closely guarded secret, but analysts who cover the industry say Cushing is approaching capacity.

There are other storage tanks in the country with plenty of extra room to take on oil, but Cushing is the delivery point for the oil traded on the New York Mercantile Exchange. So the closer Cushing gets to full, the lower the price of oil goes.

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YET the price of gasoline continues to go up…How is that possible? Prices in Springfield went from $1.75 to current price of $1.99 in a day. This article is a month old BUT:

 http://money.cnn.com/2009/01/16/news/economy/gasoline/index.htm

Gasoline prices continue to rise

Pump prices rose 20 cents since January; above $2 a gallon in three states.

 

By Kenneth Musante, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) — Average gasoline prices rose 1.7 cents Friday, according to a daily survey of gas station credit card swipes.

The price of gas rose to a national average of $1.816 a gallon from $1.799 a day earlier, according to motorist group AAA. Prices were higher than the $1.667 a gallon reported a month ago, but lower than the $3.044 a gallon gas was selling for on the same day last year.

Gas prices have risen for the past three days, according to AAA data, and are nearly 20 cents higher than they were on Jan. 1.

Gas prices initially rose last year, following a resurgence in the price of crude oil, gas’s main ingredient. But as concern about falling demand for oil sent crude prices down more than $6 a barrel this week, the drivers may be in for a decline in gas prices as well.

“The American consumer is still staying home,” said Geoff Sundstrom, fuel price analyst at AAA.

“There’s absolutely no reason why the price of gasoline should be as high as it is,” he said.

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No reason what so ever.

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When The Wind Blows – The blades go round and round, the blades go round and round

The money continues to mount. Think about it. Wind turbines last 25 years at least. If you buy one now the utility companies could be defunct by the time they need maintenance:

http://venteraenergy.com

 

 

Ventera’s 12kW Hybrid Electric System

 

Ventera VT-10 on the Rohn Tower

Ventera VT10 on the Rohn Tower

Run Your Electric Meter Backwards!

It doesn’t get any simpler than this. This new concept in generating your own renewable energy performs much like any large electrical appliance such as a clothes dryer or air conditioner, but instead of taking electrical power FROM an outlet, you put electricity INTO the outlet! If at any time your wind and solar system is producing more energy than you are using, your electric meter will run backwards reducing your electric bill. If your electrical loads are larger than the wind generator and solar production, your meter will slow down reflecting your reduced need to buy electricity at retail from the utility. No batteries are used or required! You get up to 12 kilowatts of hybrid renewable electricity, 10 kilowatts from the new Ventera VT10 wind turbine and 2 kilowatts from solar photovoltaics 100% of which goes directly to reduce your electric bill by means of our exclusive dual input VI12 synchronous inverter.

Designed to Pay for Itself

Few things in this life are free, but you might agree our new Ventera V12 wind and solar system comes pretty close. Designed for at least a 30 year life and minimum maintenance, the Ventera wind turbine on an 80 foot tower can produce $2000 or more worth of electricity per year, electricity you would otherwise have to buy, if your wind regime is 12.5mph-5.5m/s (class III) or better and you pay 8 cents or more for electricity. In not much more than 10 years you’ll have earned back your original investment and in 30 years you could pocket 3 times or more the original investment! If you assume electric rates will go up in the coming years, and many predict they’ll go up faster than the rate of inflation, you’ll earn back your investment even faster. If you can depreciate the wind turbine cost as a farm or business expense, your payback will be even sooner. If your average wind speed is greater than 12.5 mph-5.5m/s, which is true for many sites in the US Midwest, your payback can be sooner yet. And, some states offer tax credits for small wind systems reducing the payback time even further. Careful design of every component and advanced tooling and manufacturing processes bring the initial cost of the Ventera turbine, synchronous inverter and self-supporting tower to historic lows. The frame is an aluminum casting (made from environmentally friendly recycled aluminum), not an expensive weldment. The downwind orientation eliminates the need for a costly and cumbersome tail. The blades are injection molded for low cost and absolute uniformity. The brushless, one-moving-part, large diameter alternator minimizes the use of copper, steel and rare earth magnet material. Our unique synchronous inverter utilizes a common power handling stage with separate wind and solar peak power tracking input stages to bring you hybrid grid connection at an unheard of low price.

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These people are actually more for utility companies but if a town banded together they could probably buy one:

 http://www.windenergysolutions.ca

“To bring Wind energy everywhere”

Wind Energy Solutions Canada is a specialized company in technical solutions for energy problems. We as manufacturers together with WES Netherlands are selling the turbine product range from a former famous Dutch Wind Turbine manufacturer.

Many of our customers can be found in the agricultural, commercial businesses and small grid operators. Because WES does not focus on the very large wind parks, but mostly on small projects and distributed generation, our customers can be assured of tailor-made solutions that can help them reduce their electricity bills and enable them to sell to the electricity net.

Our Partners:

Wind Energy Solutions BV (Netherlands): www.windenergysolutions

Is a manufacturer of small and medium size wind turbines.

They supply turbines worldwide ranging from 2.5 kW up to 250 kW. The turbines can be grid connected or they are able to stand alone with a diesel generator.

 

With over 1500 turbines installed, their products are present worldwide and have proven their reliability.

Greely Construction

Leading edge group of companies which provide a suite of services for the design and construction of outside plant infrastructure and distribution networks.
Focusing on the needs of telecommunications and cable operators, public utilities, and municipalities.
Conquering the design/build challenges of state-of-the-art distribution networks

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This company could hand make a system for a home owner but it would be expensive. Still they ARE made in the USA:

Wind Turbine Industries Corp. Sole manufacturer of the
Jacobs Wind Systems since 1986.

The Jacobs Wind Systems are on the cutting edge for providing clean, quality, reliable and efficient power in the USA and around the world.In the energy conscious person of today we see a desire to reduce electrical usage or cut the cost paid for energy consumption.  A Jacobs Wind System can provide you a means of offsetting the ever-rising costs of your electrical energy.

MADE IN THE USA

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Power Shift 09 And The Climate Change March In Washington – I hope this all goes well

I am not sure how many youth focused websites have gotten the word however. More on the Youth Environmentalist Movement and their medium:

http://www.futuremajority.com/

“The Republican party isn’t exactly Internet savvy”

Bloguette Meghan McCain had an interesting article in the Daily Beast yesterday that addresses the techless nature of the GOP.

During the campaign season the only youth outreach I could find coming out of the McCain campaign was Meghan and her friends that traveled with the campaign and reported on the goings on.

Since this seems to be the week of children of the GOP coming out to tell all it is fitting Meghan wanted to talk about her experience as well. She says that the whole idea of the blog and project about being on the trail “was met with confusion and resistance” to begin with. “A few people even asked me what’s a blog.”

For the record, what you’re reading right now…. is a blog.

She also said that she got the idea that people thought she was wasting her time, “The Republican party isn’t exactly Internet savvy,” she says.

I would argue that there are many people in the GOP that are very tech savvy. The College Republicans developed a nice little social network site that no one really uses, if you’re a frequent reader of FM you know we know all about that site. And there are a hand full of remarkable tech savvy guys (sadly they’re all men) who do some good work for a party that has little to no support for them. Meghan’s lament isn’t an isolated one.

“Unless the GOP evolves as the party that can successfully utilize the Web, we’ll continue to lose influence. I think nothing confirms this fact to be more true than this recent election. I don’t claim to be an expert on mobilizing voters, but a significant number of the readers on mccainblogette.com, my blog, were between the ages of 18 and 30, a key demographic that either party would want. Many of the established Republican strategists told me that young people would not visit my web site.”

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Though I am not sure that the Hip Hoppers are on board either:

http://hiphopcaucus.org/

Full Events Calendar »

 

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It kills me to point out that the Illinois Math and Science Academy page hasn’t been updated since September 2008. What? Did school start or something?:

http://lorax.wordpress.com/

McCain and Obama: Energy Voting History

Posted by syntaxflute on Friday, September 26, 2008

 Watching the presidential debate has pulled my vote in different directions – but I am weary of falling victim to the theatrical allure of words and public speaking when the position comes down to action.  If you are interested in the green words the candidates have buzzed about in oration, have a bit of fun.

Past Action predicts present – 50 McCain No votes for energy policies and Obama’s short voting term as Senator. 

the significance in voting

the significance in voting

But when it comes down to it, policy and action are the skeleton of a candidate.  Each offers an Energy Plan – Obama’s ‘New Energy for America’ vs. McCain’s Lexington Project.  Obama’s backbone policy: eliminate foreign oil, 1 million hybrid cars by 2015, and a cap and trade program cutting CO2 emissions by 2050.  McCain in short: increase off-shore drilling, open domestic natural gas, cap and trade system, construct nuclear plants, a clean car challenge. Refer to the policies and note the time lines and numerical promise as measure of policy strength. 

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You would think Solve Climate would be on board with it too. Well not exactly:

 http://solveclimate.com/

February 20, 2009

Reid Plans Climate Change Legislation by End of Summer (AP)

Senate Majority Leader Harry Reid says the energy legislation expected to be taken up in the coming weeks will be limited largely to promoting renewable energy and energy efficiency.

Transportation Secretary Eyes Taxing Miles Driven (AP)

Transportation Secretary Ray LaHood says he is considering taxing motorists based on how many miles they drive rather than how much gasoline they burn. A few governors are also floating the idea.

Scientists Map CO2 Emissions with Google Earth (AFP)

A team of U.S. scientists unveils an interactive Google Earth map showing carbon dioxide emissions from fossil fuels across the United States.

Cost of Solar Fell 27% in Past Decade (San Francisco Chronicle)

The cost of installing solar panels on homes and businesses fell 27.6 percent from 1998 to 2008, according to a new study from Lawrence Berkeley National Laboratory that questions some of the conventional wisdom about solar’s price.

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These folks basically live in Washington. You would think they would be excited:

http://theusconstitution.org/blog.warming/

Oh Boy Oh Boy Oh Boy

Last night, the NY Times offered hope that the long-awaited endangerment for CO2 finding may soon be near:

Lisa P. Jackson, the new E.P.A. administrator, said in an interview that she had asked her staff to review the latest scientific evidence and prepare the documentation for a so-called endangerment finding. Ms. Jackson said she had not decided to issue such a finding but she pointedly noted that the second anniversary of the Supreme Court decision, Massachusetts v. E.P.A., is April 2, and there is the wide expectation that she will act by then.

The article also notes that the endangerment finding “would set off one of the most extensive regulatory rule makings in history,” which may in turn “accelerate the progress of energy and climate change legislation in Congress.” This, of course, is exactly what we have argued should happen, if the Obama Administration is to succeed in bringing about its desired cap-and-trade bill in the near future.

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These folks can be forgiven for not attending. They are in India attending there own conference:

http://www.whatswiththeclimate.org/

Gayatari Pariwar offer full-fledged support to IYCN

Shirdi/ Kabir Arora

The Divine India Youth Association, working under the leadership of Gayatari Pariwar (a Spiritual Organization), offered support to the Indian Youth Climate Network, at a recent conference in Shirdi. Members of the organization pledged to promote eco-friendliness at all of their religious gatherings. Proposals included the use of paper-bags instead of plastic ones, investment in solar powered energy systems, the replacement of plastic cups with traditional clay cups, and the promotion of organic farming as not only an ecological solution but a spiritual pathway as well.

At their gathering at Shirdi, two IYCN members displayed many of the small changes we can all make. People showed keen interest in the IYCN campaign.

Gayatari Pariwar was founded by Shri Ram Sharma Acharya and is now based in Shanti Kunj, Haridwar.

Yes, They Could. So They Did.

February 15, 2009

Climate Solutions Road Tour Launch, Chennai, January 3, 2009

Thomas Friedman, New York Times:  http://www.nytimes.com/2009/02/15/opinion/15friedman.html

So I am attending the Energy and Resources Institute climate conference in New Delhi, and during the afternoon session two young American women — along with one of their mothers — proposition me.

“Hey, Mr. Friedman,” they say, “would you like to take a little spin around New Delhi in our car?”

Oh, I say, I’ve heard that line before. Ah, they say, but you haven’t seen this car before. It’s a plug-in electric car that is also powered by rooftop solar panels — and the two young women, recent Yale grads, had just driven it all over India in a “climate caravan” to highlight the solutions to global warming being developed by Indian companies, communities, campuses and innovators, as well as to inspire others to take action. (more…)

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They publish Hansen and he doesn’t even mention it. Whoa:

http://www.worldchanging.com/archives/009432.html

Climate Change Demands a Transformative Change in Direction

Over a year ago I wrote to Prime Minister Brown asking him to place a moratorium on new coal-fired power plants in Britain. I have asked the same of Angela Merkel, Barack Obama, Kevin Rudd and other world leaders. The reason is this – coal is the single greatest threat to civilization and all life on our planet.

Our global climate is nearing tipping points. Changes are beginning to appear, and there is a potential for explosive changes with effects that would be irreversible – if we do not rapidly slow fossil fuel emissions over the next few decades.

Tipping points are fed by amplifying feedbacks. As Arctic sea ice melts, the darker ocean absorbs more sunlight and speeds melting. As tundra melts, methane a strong greenhouse gas, is released, causing more warming. As species are pressured and exterminated by shifting climate zones, ecosystems can collapse, destroying more species. The public, buffeted by day-to-day weather fluctuations and economic turmoil, has little time or training to analyze decadal changes. How can they be expected to evaluate and filter out advice emanating from special economic interests? How can they distinguish top-notch science and pseudoscience – the words sound the same?

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I Just Love These People – There are so many generational stereotypes out there

But these young folks are so cool:

http://itsgettinghotinhere.org/

Musings on CGI-U vs. Power Shift ‘09

CLINTON CGI-ULast weekend, 1000 students convened in Austin Texas for the Clinton Global Initiative University for a conference geared towards solving the world’s big problems and empowering students to take action.

In 8 days, 10,000 young people will be in DC for Power Shift 2009 for a conference to demand action on climate change from our leaders and empowering students to push for change.

There is a fundamental difference between these two events:

At Power Shift we will hold our elected officials accountable to do their part in solving climate change. We know that we are all working together to solve one really big (and multi-faceted) problem. And we’re not leaving until they listen to us.

Clinton Global Initiative inspires individuals and small groups to solve a wide range of problems, and highlight the projects that are closest to a set of ideals: Do what you can to make the world a better place, and make this part of your life.’ CGI-U is top down, and Power Shift is bottom up.

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They run around with some cool folks:

http://blogs.williams.edu/sustainability/

January 20, 2009

On December 24th, the College began the experiment of setting back temperatures and turning off equipment in many buildings until just before the beginning of Winter Study on January 5th. This effort appears to have saved nearly $90,000 and reduced greenhouse gas emissions by 287 metric tonnes, over 1 % of our annual total.

The financial savings were split evenly between electricity and heating oil. Fifty-five percent of the energy savings came from heating. We often think of electricity as having the most utilities impact, due to the visible lighting and plug load in a building. However, in colder climates like ours, heat energy accounts for a larger portion of both emissions and spending on energy.

We can’t report on heating savings per building due to a current lack of steam metering, but we do have real-time metering of electricity by building. From those meters, we learned, not surprisingly, that large, energy-intensive buildings saved the most electricity: Paresky (34,500 kWh), Sawyer (26,874 kWh), Chandler (20,274 kWh), Bronfman (15,124 kWh), Greylock Dining (15,124 kWh), and Jesup (14,202 kWh). On average building electricity use was down 40%; electricity use in dorms was down 47%.

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http://climatedenial.org/

Guest blogger Roman Krznaric argues for a revolution in empathy to tackle climate change.

‘We seem to be suffering from an empathy deficit – our ability to put ourselves in someone else’s shoes, to see the world through those who are different from us.’Barack Obama

Occasionally – just occasionally – a mainstream politician says something that is both original and useful. This is the case with Barack Obama’s views on empathy. In a thousand speeches, and in his book The Audacity of Hope, he has put cultivating empathy – learning to see the world from the perspective of others – at the centre of his moral and political vision.

I am inclined to praise him because I believe we should view the problem of tackling climate change not as an environmental issue, or one concerning technology or social justice or markets, but primarily as a problem of empathy. We must learn to see the individuals behind the newspaper headlines about climate change, and imagine ourselves into the uniqueness of their lives, developing an understanding of their most important experiences, beliefs, fears and hopes.Sound far-fetched, wishy-washy or a little too sandals-and-carrot-juice for your liking? Let me explain myself.

The big question facing us is this: How can we close the gap between knowledge and action on climate change? Millions of people in rich countries know about the damaging effects of climate change and their own greenhouse gas (GHG) emissions, yet relatively few are willing to make substantive changes to how they live. They might change a few light bulbs but they do not cut back on flying abroad for their holidays nor do they want to pay higher taxes to confront global warming.

So far economic, moral or other arguments have not been enough to spur sufficient action. This is because a fundamental approach has been missing: empathy.

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 http://www.coal-is-dirty.com/

Dr. James Hansen Calls for Civil Disobedience at Capitol Coal Plant on March 2

New Video of Noted Scientist Call for Join Capitol Climate Action

18 Feb 09

 

hansen image.jpg

Dr. James Hansen, the internationally recoginized climatologist has released a public service announcment, calling on all of us to join the Capitol Climate Action, the largest civil disobedience against global warming in U.S. history.

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http://www.desmogblog.com/

Obama, Canada’s government

not worth its salt on global warming [pic]

Tags: , , , , , , ,

This full page ad by the grassroots group Avaaz appeared on page A3 of the Washington Post today in advance of Obama’s trip to Canada scheduled for tomorrow. (click to enlarge)

obama-canada-global-warming-avaaz

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