Some people thought we were crazy when we put a giant wind turbine on top of a floating spar structure and towed it out to sea. But it turned out to be the future, and the future is now. This year we made a giant leap forward as we installed and started producing electricity from the world’s first floating wind farm. The 30 MW Hywind Scotland pilot park will demonstrate the feasibility of future commercial floating wind farms that could be more than four times the size. This will further increase the global market potential for offshore wind energy, contributing to realising Statoil’s ambition of profitable growth in renewable energy and other low-carbon solutions. Here is a direct video link.
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Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Don’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
