Renewables and Smart Grid – MIT speaks out Last week, I attended a BofA/Merrill Lynch Cleantech Seminar, featuring presentations by MIT professors on Global Warming, Solar, Wind, Smart Grid, and Storage. While an academic setting might appear to be inappropriate for practical, nearer term, investors, some views were startling: 1) Without judging the conclusions, the …
All Eyes on the Gulf of Mexico, but How about Beyond?? As failure to control the Macondo oil spill passes the six week and, possibly, half million barrel mark, frustration grows, similarly, on many fronts – with the apparent, negligence or very poor judgment which led to the explosion, with the failure of Modern Technology …
Other Oil Macro Leading energy agencies and consultants have been raising their 2010-11 demand forecasts, now averaging about 1.6 million b/d growth, versus 1.4 mmb/d earlier this year. And for the first time in awhile, they have NOT been cutting their nonOPEC outlook. However, after a several year hold in new projects, the nonOPEC …
Energy Macro – Oil Spill takes Center Stage – Commentary The deadly TransOcean Horizon explosion has given way to a building environmental disaster in the US Gulf of Mexico, with potentially significant implications for a number of energy sectors. Offshore drilling has always been complex and potentially dangerous, involving high technology sensing and controls …
may have investment implications. While some of these will be long-dated, some vague, and others controversial, my intention is to point to trends which are underway, from a global perspective. On the premise that many of the best investments anticipate change, the series seeks to focus on issues and events whose emergence/change will create investment …