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Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Friday, December 26, 2008
Friday, December 19, 2008
Monday, December 08, 2008
Energy Independence
The amount of oil that we use for transportation is about equal to the amount of oil we import. Therefore traveling less cannot eliminate our dependence on foreign oil. Any use of oil for transportation requires foreign oil, at current efficiencies.

Tripling efficiencies for transport would help some,
but any use of oil for transportation requires foreign oil
Saturday, November 29, 2008
Godless capitalism's answer

How to survive the upcoming economic meltdown:
open a nuclear test facility on your wyoming ranch.
Thursday, November 27, 2008
Tuesday, November 25, 2008
Saturday, November 22, 2008
Friday, November 21, 2008
Tuesday, November 18, 2008
$700 Billion Bailout
To prevent corporate bankruptcy?
Didn't we just "fix" the bankruptcy laws?
How about preventing bankruptcy for the poor?
Didn't we just "fix" the bankruptcy laws?
How about preventing bankruptcy for the poor?
Thursday, November 13, 2008
Monday, November 10, 2008
Is solar energy clean?

Not quite.
If absorbing the suns rays is what warms the earth, and it is,
then absorbing more rays will heat the earth more. :-)
Maybe we should cover the Sahara with aluminum foil
just to be sure.
Thursday, November 06, 2008
$700 billion per year
seems to be the number to cite as what we pay terrorists for oil.
We use 20+ million barrels per day.
Yes, 20 mbbl/day * 350 days * $100/bbl = $700 billion.
But 11 mbbl/day comes from North America
(CAN=2, US=8, MEX=1)
In 2007, oil imports cost $342 billion.
About 5 quads of natural gas are used for electricity.
This is 20% of the 25 quadrillion BTUs of oil imported, not 38%.
Friday, October 31, 2008
Saturday, October 11, 2008
Wednesday, October 08, 2008
Privatization fucks us again

A private company, USEC, was "spun-off" the Department of Energy, giving it the job of providing enriched uranium to the US. In addition to enriching uranium ore, they were asked to take old atom bombs from the USSR, and include that material in their nuclear fuel product. This line of production was more costly, so USEC secretly discouraged Russia from accelerating the shipment of its warheads to the US for processing. (Joseph Stiglitz)
[1] NY Times article, before the scandal
[2] Paducah Sun article about Russian warhead glut
[3] Stiglitz on the 'hush money' to MinAtom, the Russian partner
Monday, October 06, 2008
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