Archive for the ‘economy’ Category

National Commission Final Report on BP Oil Spill

Wednesday, January 12th, 2011

January 12, 2011
National Commission Final Report on BP Oil Spill
written by Steven Barrymore

The National Commission on the BP Deepwater Horizon Oil Spill And Offshore Drilling has issued the Final Report to the President. The final report, Deep Water — The Gulf Oil Disaster and the Future of Offshore Drilling, featuring fiery cover art is available through the Government Printing Office or Amazon for $39. For immediate gratification you can download the pdf version at the link below.

The Commission’s Highlights of Key Recommendations contain a lot of “should”. But one recommendation that stood out is “The oil and gas industry must adopt a culture of safety.

If you need to occupy your time on a flight from San Francisco to London, or a cozy read in front of the fireplace, this 380 page turner may be ideal.


Link: National Commission Final Report on BP Oil Spill

Obama – Mabus Gulf Region Recovery Plan Moves Forward

Wednesday, September 29th, 2010

September 29, 2010
Obama – Mabus Gulf Region Recovery Plan Moves Forward
posted by Steven Barrymore

Requested by President Obama, Navy Secretary Ray Mabus has written a long-term recovery plan to restore the Gulf Coast region.

Mabus report recommends that Congress dedicate a significant portion of any civil penalties obtained from the Deepwater Horizon oil spill responsible parties into a Gulf Coast Recovery Fund addressing long-term needs for the region. The Mabus report also recommends that Congress authorize a Gulf Coast Recovery Council to manage funds and coordinate recovery projects.

President Obama and Secretary of the Navy, the Honorable Ray Mabus -- U.S. Navy photo 8/2010

Obama is prepared to sign the Gulf Coast Ecosystem Restoration Task Force, part of the Mabus plan, into effect before Congressional approval of the recovery council. The task force will serve as a bridge to the recovery council to coordinate restoration programs and projects in the Gulf Coast region. Obama has named EPA Administrator Lisa P. Jackson to chair the task force due to her extensive environmental experience.

The task force is to coordinate with the Department of Health and Human Services, and the Department of Commerce in the recovery effort.

“… What happens in the Gulf of Mexico affects America. Nearly one third of the seafood harvested in the continental United States, as well as 30 percent of oil production and 13 of our natural gas production, come from the Gulf. The Gulf is an environmental percent treasure and central to the nation’s economy. America needs the Gulf. America needs the Gulf to be clean. America needs the Gulf to be healthy. America needs the Gulf to be sustainable. …” excerpt of opening statement — Mabus recovery plan

Mabus report suggests a media campaign, paid for by those responsible for the Gulf Coast oil spill, to bolster the public confidence in the regions seafood industry and promote tourism. Follow the link for more on the story and the full report to the president.


Link: RestoreTheGulf.gov

250 megawatt (MW) solar-thermal power plant – California Approved

Wednesday, September 1st, 2010

September 1, 2010
250 megawatt (MW) solar-thermal power plant – California Approved
written by Steven Barrymore

The California Energy Commission has given the go ahead for the construction of the Beacon Solar Energy Project (subsidiary of NextEra Energy Resources) a 250-megawatt solar thermal power generation facility. Scheduled to be built on 2,012-acres in the Mojave Desert. The system will use a parabolic trough design — a series of curved mirrors which reflect the sun’s rays onto a glass tube (collector) containing a fluid that runs the length of the trough. The sun’s perpendicular position to the trough can be adjusted by a tilting mechanism. This will be the first solar thermal power plant permitted in California in two-decades.

solar array

Solar Trough System

The Beacon Solar Energy Project is part of a proposed 2,800 MW of solar power plant projects in California. That would be roughly enough energy to power 2.8 million homes a year.

The CEC’s last approval of Solar Electric Generating Systems was in 1990 with LUZ SEGS IX and X projects. Someone needs to design a smartphone app to control all this solar energy goodness.


Link: CEC
Image Source: Wikipedia

Should Your Next Financial Advisor Be A Monkey?

Wednesday, August 4th, 2010

August 4, 2010
Should Your Next Financial Advisor Be A Monkey?
posted by Steven Barrymore


Laurie Santos is cognitive psychologist at Yale and teaches monkeys to use monkey money in exchange for food. She posses a correlation between human and monkey repetition of errors in how we (they) handle monetary exchanges. In this TED video, she demonstrates that monkeys, as we humans, have many of the same predictable behaviors when it comes to the exchange of money for goods / services. Monkeys shown exchanging their token monkey money for grapes and having to buy from good grape dealers and shady grape dealers, this video is ready for prime time. Just don’t give up your financial advisor for the monkey equivalent, yet.




Via: TED

PHEV Make the Switch

Thursday, July 22nd, 2010

Making the switch to a 100% electric vehicle will take time and infrastructure. One choice for now is a plug-in hybrid electric vehicle (PHEV). Charge up on electricity and when you run out of juice on the highway, let the internal combustion engine recharge the car batteries. Benefit from both power sources. Run around town on all electric, and have the ability to take that extended road trip. Want to reduce air pollution and our dependence on petroleum and fossil fuels? A PHEV could be a good choice for your next car purchase. Electric / Gas — let this smart bumpersticker make your statement.

Get it here:

PHEV bumper sticker

phev bumersticker