A new study by the Carbon Disclosure Project finds the transportation sector generating 13% of total global emissions. While there are ongoing debates about the link between greenhouse emissions and climate change, it is a logical and evolutional process to broaden our energy sources. Biofuels is one of the reasonable, although not complete, solutions, and one of the latest biofuel developments is using whiskey by-products.
With the current terribly low yield, it is hard to justify putting one’s hard-earned money into the U.S. Treasury. In fact, forget about the China property bubble that everyone seems to be losing sleep over, the global bond market is truly screaming for an imminent burst.
HP stock has taken a bath since Mark Hurd's resignation. The question that arises is whether HP is oversold in the short-term, and due for a bounce in line with the fundamentals of being one of the largest technology companies in the world in terms of revenues.
A potential new addition to the lineup of Chinese public transit system - the straddling "3D super bus" (????), proposed as a cheaper, greener and fast alternative to ease traffic jams and air pollution.
Distillates demand, which tends to track economic output closely, is reflecting all the economic reports over the last two months--falling off a cliff.
It looks like a feud is brewing among the credit rating agencies. For now, it is just the verbal bashing between S&P and Dagong. With S&P's fresh downgrade on Moody's this Tue., Moody's may have a score to settle as well.
The International Monetary Fund (IMF) stress tested 53 large banking holding companies, and concluded that despite restoration of some stability, there remain certain important risks to the U.S. financial system and economy mainly coming from the real estate sectors.
Crude closes above $80 yesterday for the first time since May. However, a look at some fundamental and macroeconomic signals showed crude oil could be under increasing pressure, thus range-bound, through the rest of this year.
BP plans to claim almost $10 billion in U.S. tax credit as a direct result of the Gulf oil spill, in accordance of the U.S. tax code. To me, somewhere, somehow, something is not quite right about this.
The U.S. is in worse fiscal shape than Greece measured by the fiscal gap--the present value difference between all future expenditures and receipts. Will America have a Greek style debt crisis?
The de facto reinstated drilling ban in the U.S. Gulf of Mexico resulted from the BP oil spill has created an onshore rush. The presentation discussed this onshore boom, profiled the prolific Bakken formation, and observations of the markets and the oil services sector.
As if to confirm the recent slams from Dagong, the largest Chinese credit rating agency, WSJ reported today that the U.S.-based big three credit firms have made an urgent new request of their clients: Do not use our names on bond issues.
