News Analysis: Forward thinking by Azerbaijanis, along with proper action by its Government, has brought about large storage reserves for its natural gas. Since “Flaring Off” Natural Gas has a negative effect on the environment, the actions of the Country are worthy of praise. If other Petrochemical-Endowed Countries also increased their storage capacities, or in some cases created them, humans would be better off.
A wise country, like Azerbaijan, does not toss its wealth into the wind.
News Analysis: Some politicians around the world demand the installation of Alternative Energy Sources for Developing Countries such as: Geothermal, Solar, or Wind Power. There some shortcomings in the three: Geothermal Energy is geographically limited to certain areas of the globe [thereby somewhat limiting its cost availability to areas farther from the energy source]. The acquisition of power from the second and third are transient [night skies or unpredictable wind availability].
Coal, does not have the previously mentioned ‘shortcomings’ of the three, and has other attributes. The low cost of coal, itself; its world-wide availability; its transportability; and, its ‘power’ efficiency make it ideal for developing countries. The downside is that it needs to be ‘cleaned ‘ before being utilized. The cost of present day technology to ‘scrub the coal’ will diminish through both scientific advances in “Scrub Processing” as well as due to “Recurring Unit Cost” reductions through increased volume sales by equipment manufacturers.
The positive elements of Coal: Low Cost; Availability; Transportability, and Efficiency make it the ideal energy source for countries the do not have “Money to Burn”.
Investors with foresight into the “Cost/Energy Equation” can benefit from investments in both Coal Cleaning Technologies in particular, and in Coal Resources in general, around the world. Reality.
Reference: http://tinyurl.com/km52m7m
News Analysis: Having the fifth-largest oil reserves in the world and wanting to increase its production to three million barrels of oil a day puts Iraq in a very nice position in the oil industry. Since fuel hungry nations need oil, Iraq, with its great reserves, can choose to do business with whom it wants. In this case the primary selected country for commercial partnership is their friend to the north-east: China.
The historical approach of China in international business is “Bucks Not Bayonets” is the catalyst for good long-term commercial transactions. Since the Chinese have a wise culture developed through thousands of years of experience, it does not make the aggressive blunders like countries only two-hundred plus years old. Threats and hostile actions buy one NOTHING in the long term. One has to develop the trust of others over time. Adroit leaders of nations understand this, foolish ones do not. Cooperation, not catastrophe, should be the driving force amongst countries.
The close relationship between the Iraqis and the Chinese will benefit both nations well.
Reference: http://tinyurl.com/m22xs68
News Analysis: This 84 Turbine facility will provide electricity while having the benefit of: lower cost of construction vis-à-vis a ‘dam’; the speed of implementation; and, the environmental impact to the region is lessened.
The French should be proud of their sizable contribution to this noble endeavor of helping the needy people of another country.
Reference: http://tinyurl.com/n324mug
News Analysis: The hazard of extreme solar radiation is attenuated when the Ozone “Hole” reduces in size. The fact that its diminution is occurring has not been readily discussed by varied special interest groups worldwide. NASA’s precise measurements will provide a subject for ample discussion by both sides of the “Global Warming” Issue.
Hopefully, people will realize that the ‘facts’ are not where they as humans err in their assessments, but from the erroneous conclusions they derived from ‘facts’: Reality.
Reference: http://tinyurl.com/lvhq7dh
News Analysis: Since the estimated quantity of Eastern Mediterranean oil within the boundaries of Lebanese Waters is so sizable, due diligence is being displayed in the decision-making process of Contract Awarding. The possible economic benefit to the entire country should be vast. Decisions need to be carefully made for best ‘down-stream’ rewards for the People of Lebanon.
Reference: http://tinyurl.com/lvhllvm
News Analysis: Solar Energy Systems, Wind power, and other alternative energy systems, when scaled to fit commercial buildings, industrial facilities, and warehouses, can help reduce the Carbon buildup in the atmosphere in cities where pollution is severe [as well as elsewhere]. Downsizing the scale increases the availability of viable applications in urban environments. This is a basic yet innovative approach which should be considered by other countries.
Reference: http://www.azernews.az/business/60918.html
News Analysis: As a by-product of mining Rare Earths [Dysprosium, Europium, Lanthanum, Neodymium, and Terbium, for example] Uranium ore is also extracted in the process. The Government of Greenland will now allow for the sales of Uranium to occur.
The financial reward to the country is invaluable in the present world economy. Perhaps those who were in opposition would care to donate their personal monies to Greenland so the sales would not be required?
Reference: http://tinyurl.com/mv3sl5m
News Analysis: In possible harsh environments there is no substitute for “Been there, Done that” experience of persons “Steeled through many exposures to a ‘fire'”. Wise leaders seek their assistance.
Reference: http://tinyurl.com/m3w4xy6