In China, an underground luxury hotel | SmartPlanet: Wow. Don’t know if we should be happy or sad about this resort project. Kind of makes you wonder how and why this massive hole in the ground was constructed as a by product of the need for resources? Good. This should start to make miners think hard about the use of the land when done. The open-pit mines for ore and oil and coal might start…
Global Carbon “Footprint” by Nation | The Big Picture: Just in case you had not seen this really cool chart from a year ago… Here’s the BIG FOOT, big picture of emissions by country. Note that China has now outpaced the US based on pretty much any measure of emissions you might want to consider. They now burn half the worlds coal, adding on a new coal power plant every few days (about 5 last…
EIA – Press Room – Press Releases Ouch. This is an ugly increase of about 4% in energy-related CO2 from the USA in 2010. We had a 12% reduction during the heat of the recession in 2009, but we’re coming back with a vengeance. And, of course, China is out doing us now and growing by leaps and bounds. Double ouch! Count India into that, Triple ouch!:-(
The China Question premiers on CNBC on Friday night, June 3rd at 8pm. This looks like it is going to be the story that I’ve been looking for years. The symbiotic relationship that we have with trade-deficit to China. They subsidize our spending habits (US & EU) with their artificially cheap currency. Then with the $ dollars and Euros from their trade surpluses, they buy stuff. They buy our Treasuries to keep our Federal Debt a float. They have…
