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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (22264)9/11/2007 2:44:16 AM
From: elmatador  Respond to of 217745
 
Not only that. Need some 'pedigree' to convince people to move fully into ethanol. Nordic perceived to be very serious business people and having them on board helps the case.

and Mary Cluney thinks we don;t know how to sell...



To: energyplay who wrote (22264)10/13/2007 3:17:20 AM
From: elmatador  Respond to of 217745
 
Lula visits Nordic countries? Gore wins Nobel Prize. Who award the Prize? Sweden!

Gore's Nobel win should boost alternative energy. The man works in misteryous ways to boost ethanol, eplay!!

Gore's Nobel win should boost alternative energy
Sat Oct 13, 2007 2:51am IST

Email | Print | Digg | Single Page[-] Text [+]

1 of 1Full SizeBy Timothy Gardner

NEW YORK (Reuters) - The winning of the Nobel Peace Prize by Al Gore and the U.N. climate panel on Friday should give a push to alternative energy technologies that are already enjoying their best year ever, experts said.

The prize could spur change in the energy industry that coal, oil, natural gas and nuclear power dominate.

"It's a quiet revolution," said Sarah Emerson, the managing director of Boston-Based Energy Security Analysis Inc, which has advised clients about fossil fuels for decades. "Gore's winning makes it a little louder."

Gore's Oscar-winning movie "An Inconvenient Truth" and book of the same name, and the U.N. Intergovernmental Panel on Climate Change's report this year outlined global warming's threat and blamed it on gases emerging from the smokestacks and tailpipes of the world's hydrocarbon economy.

They also highlighted that the comparatively tiny industries of biofuels, wind and solar power, and energy-sipping compact florescent lightbulbs, could over the coming decades help limit output of heat-trapping gases belched out by fossil fuels.

The technologies have a long road ahead of them before they would help slow and then reverse output of greenhouse gases. The two largest emitters of heat-trapping gases, the United States and China, have plans to build hundreds of power plants that run on coal, the heaviest emitter of carbon dioxide, the main greenhouse gas.

BUILDING THE NEW ENERGY ECONOMY Continued...

in.reuters.com



To: energyplay who wrote (22264)10/13/2007 8:05:18 AM
From: elmatador  Respond to of 217745
 
Nobel Peace Prize is awarded by the Norwegian Nobel Committee.

Alfred Nobel (1833 - 1896) - Chemist, Inventor, and Engineer , was the Founder of among 5 prizes, The Nobel Peace Prize. And in 1901, five years after Nobel’s death, the first 5 prizes in physics, chemistry, physiology and medicine, peace, and literature were awarded.

At that time, Norway was in an union with Sweden. The Union between Sweden and Norway was the union of the kingdoms of Sweden and Norway between 1814 and 1905, when they were united under one monarch in a personal union.

Norway got power of attorney to award one of these prizes, the Peace Prize.

As we know, Norway’s economy is highly dependent on its offshore oil and natural gas sector, which provides the government with its largest single source of revenue and the largest contribution to GDP.

In recent years, high oil prices have made for government budget and current account surpluses, and rising disposable income.

Norway's dependence upon oil and gas revenues present long-term challenges for the country, especially because many industry analysts believe that North Sea oil and gas production has already reached or passed its peak.

In particular, the country faces pension liabilities and other welfare obligations. In response to these challenges, the Norwegian government created the Petroleum Fund in 1990, later renamed the Government Pension Fund in 2005.

A portion of annual oil and gas revenues flow into the Fund each year, which serves the dual purpose of buffering the short-term variations in oil revenues and providing a mechanism to transfer current wealth to future generations.

The Fund, which holds a combination of cash, bonds, and shares, holds only international assets and stood at some $240 billion in March 2006.


Thanks to my Swedish friend that corrected me.