Three big reasons war is going away

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‘Green’ Energy’s Poisonous Legacy: Millions of Toxic Turbine Blades Destined for African Landfills

STOP THESE THINGS

Environmentalists of the kind lovingly called ‘tree huggers’ (rather than wind turbine worshippers) are finally cottoning on to the fact that the wind industry is anything but the ‘clean, green’ energy source its proponents claim it to be.

Real eco-warriors aren’t happy to bury inconvenient wind industry facts, instead, they’re furious at the fact that what the wind industry is actually burying millions of tons of toxic waste, among a list of other environmental sins.

Wind turbines don’t run on wind, they run on subsidies: cut the subsidies and once these things inevitably grind to a halt, they’ll never be replaced.

With an economic lifespan of something like 10-12 years (rather than the overblown 25 put forward by turbine makers and wind power outfits), over the next decade countries like Germany will be left with hundreds of thousands of 2-300 tonne ‘problems’ littering the landscape. With hundreds of turbines already…

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Favorite Quotes: George Orwell – The Road to Wigan Pier (Part Two)

walkcheerfullyblog

“I never open one of Kipling’s books or go into one of the huge dull shops which were once the favorite haunt of the upper middle-class, without thinking “Change and decay in all around I see.”

“If you treat people as the English working class have been treated during the past two centuries, you must expect them to resent it.”

“Tramps are not really very dirty as English people go, but they have the name for being dirty, and when you have shared a bed with a tramp and drunk tea out of the same snuff-tin, you feel that you have seen the worst and the worst has no terrors for you.”

“Every middle-class person has a dormant class-prejudice which needs only a small thing to arouse it…”

“Perhaps table-manners are not a bad test of sincerity.”

“I suppose there is no place in the world where snobbery is quite…

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The Case for Doing Nothing About Common Ownership of Small Stakes in Competing Firms

Truth on the Market

One of the hottest antitrust topics of late has been institutional investors’ “common ownership” of minority stakes in competing firms.  Writing in the Harvard Law Review, Einer Elhauge proclaimed that “[a]n economic blockbuster has recently been exposed”—namely, “[a] small group of institutions has acquired large shareholdings in horizontal competitors throughout our economy, causing them to compete less vigorously with each other.”  In the Antitrust Law Journal, Eric Posner, Fiona Scott Morton, and Glen Weyl contended that “the concentration of markets through large institutional investors is the major new antitrust challenge of our time.”  Those same authors took to the pages of the New York Times to argue that “[t]he great, but mostly unknown, antitrust story of our time is the astonishing rise of the institutional investor … and the challenge that it poses to market competition.”

Not surprisingly, these scholars have gone beyond just identifying a potential problem…

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Fund Managers Predict the Decline of Oil, But We’ve Heard This Before

Watts Up With That?

GULF OF MEXICO – Transocean’s Development Driller II continues to dig a relief well in the Gulf of Mexico May 20, 2010. The Development Driller II and Development Driller III were brought into the area to drill relief wells in an effort to stop the flow of oil into the water after the Deepwater Horizon incident. U.S. Coast Guard photo by Petty Officer 3rd Class Barry Bena.

Guest opinion by Steve Goreham

World fund managers predict a fall in the value of oil companies. According to a survey published last month in the United Kingdom, climate change risks will force a lower valuation of oil company stock prices within the next five years. But despite many predictions of demise over the last 50 years, global consumption of hydrocarbon energy continues to grow.

Last month, the UK Sustainable Investment and Finance Association published its second annual “Not Long Now” survey, stating…

View original post 697 more words

Fund Managers Predict the Decline of Oil, But We’ve Heard This Before

Watts Up With That?

GULF OF MEXICO – Transocean’s Development Driller II continues to dig a relief well in the Gulf of Mexico May 20, 2010. The Development Driller II and Development Driller III were brought into the area to drill relief wells in an effort to stop the flow of oil into the water after the Deepwater Horizon incident. U.S. Coast Guard photo by Petty Officer 3rd Class Barry Bena.

Guest opinion by Steve Goreham

World fund managers predict a fall in the value of oil companies. According to a survey published last month in the United Kingdom, climate change risks will force a lower valuation of oil company stock prices within the next five years. But despite many predictions of demise over the last 50 years, global consumption of hydrocarbon energy continues to grow.

Last month, the UK Sustainable Investment and Finance Association published its second annual “Not Long Now” survey, stating…

View original post 697 more words