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To: Snowshoe who wrote (71480)12/6/2009 9:25:13 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 74559
 
Good grief, it was really hot and carboniferous there, once upon a time, perhaps before the land migrated there: <We have 1/6 of the world's coal reserves to keep us warm... ;) >

That's a LOT of coal. You could single-handedly revive the ecosphere and hold off reglaciation by burning it if we believe the CO2 theorists.

Suit yourself on staying when the snowline moves thousands of kilometres south, hopefully not as far as the equator.

Mqurice



To: Snowshoe who wrote (71480)12/7/2009 12:36:12 PM
From: Haim R. Branisteanu1 Recommendation  Read Replies (1) | Respond to of 74559
 
As to the issue of global warming some details;

(those examples do nto take into account the wast CH4 deposits in Russian tundra which are 20 times more potent than CO2. The slow warming of the atmosphere will triger more CH$ emissions and the waarming of the oceans more methanehydrate emission which will prove a deadly catalist in global warming - and all this is no BS human activity disturb the natural balance

Carbon intensity - Commercial coal has a carbon content of at least 70%. Coal with a heating value of 6.67 kWh per kilogram as quoted above has a carbon content of roughly 80%, which is
, where 1 mol equals to NA (Avogadro Number) atoms.
Carbon combines with oxygen in the atmosphere during combustion, producing carbon dioxide, with an atomic weight of (12 + 16 × 2 = 44 kg/kmol). The CO2 released to air for each kilogram of incinerated coal is therefore
.
This can be used to calculate an emission factor for CO2 from the use of coal power. Since the useful energy output of coal is about 30% of the 6.67 kWh/kg(coal), the burning of 1 kg of coal produces about 2 kWh of electrical energy. Since 1 kg coal emits 2.93 kg CO2, the direct CO2 emissions from coal power are 1.46 kg/kWh, or about 0.407 kg/MJ.
The U.S. Energy Information Agency's 1999 report on CO2 emissions for energy generation,[37] quotes a lower emission factor of 0.963 kg CO2/kWh for coal power. The same source gives factor for oil power in the U.S. of 0.881 kg CO2/kWh, while natural gas has 0.569 kg CO2/kWh. Estimates for specific emission from nuclear power, hydro, and wind energy vary, but are about 100 times lower, see environmental effects of nuclear power.

Now more important is teh fact of ongoing natural coal fires underground

A grass fire in a coal area can set dozens of coal seams on fire.[39][40] Coal fires in China burn 109 million tons of coal a year, emitting 360 million metric tons of CO2. This contradicts the ratio of 1:1.83 given earlier, but it amounts to 2-3% of the annual worldwide production of CO2 from fossil fuels, or as much as emitted from all of the cars and light trucks in the United States.[41][42] In Centralia, Pennsylvania (a borough located in the Coal Region of the United States) an exposed vein of coal ignited in 1962 due to a trash fire in the borough landfill, located in an abandoned anthracite strip mine pit. Attempts to extinguish the fire were unsuccessful, and it continues to burn underground to this day. The Australian Burning Mountain was originally believed to be a volcano, but the smoke and ash comes from a coal fire which may have been burning for over 5,500 years.[43]
At Kuh i Malik in Yagnob Valley, Tajikistan, coal deposits have been burning for thousands of years, creating vast underground labyrinths full of unique minerals, some of them very beautiful.



To: Snowshoe who wrote (71480)12/7/2009 3:23:58 PM
From: Haim R. Branisteanu  Respond to of 74559
 
1949 GMT [Dow Jones] USD returns to back foot after Fed Chairman Bernanke cooled speculation about near-term rate hikes in Washington speech, says ANZ Bank senior dealer Alex Sinton.

Adds Bernanke failed to give any "hey we're going to be hiking rates soon story"; market was hoping for additional USD strength off back of speech "and they didn't get it because he is still concerned about the economy.

Any self-help economic recovery is a while away so essentially it's U.S. dollar off." Sinton expects USD to strengthen before year-end as USD shorts take profit, but anticipates further weakness ahead of that. Expects EUR/USD to target 1.4900, with initial resistance around 1.4890, support at 1.4812 in Asian trading, vs last 1.4913. (SML)