A cross-disciplinary team at Harvard University has created a system that uses solar energy to split water molecules and hydrogen-eating bacteria to produce liquid fuels. The system can convert solar energy to biomass with 10 percent efficiency, far above the one percent seen in the fastest-growing plants.Here is a direct video link.
Want good jobs and good clean growth? Embrace your natural assets Canada!!
Canada is the only country on the Pacific Ring of Fire that doesn’t use geothermal energy on a commercial scale. More than 30 years ago, B.C. was instructed to investigate geothermal as a cheaper, more environmentally friendly alternative to building mega hydro dams, such as the Site C dam on the Peace River — but that never happened.
DeSmog Canada’s Carol Linnitt recently travelled to Iceland to learn more about geothermal energy, how it’s used commercially and what potential Canada has to bring this renewable resource online. See: Geothermal could put thousands from Alberta’s oil and gas sector back to work.
What do you know about #geothermal energy? DeSmog Canada went to Iceland to figure out what all the fuss was about: https://t.co/7GgaSMOjZB
— DeSmog Canada (@DeSmogCanada) June 2, 2016
In finance, complexity has been a highly effective cloak for deceit, but eventually you run out of captive ‘dumb’ money. China seems to be finally getting there. A block in the septic system there presents problems for the flow of capital sludge through the global financial system.
On paper, China’s latest effort to rid its banks of bad loans looks sensible. By packaging the debt into securities, lenders hope to unload them onto risk-hungry investors, a potential win-win solution that garnered praise from billionaire Wilbur Ross.
But if the first deals in this 50 billion yuan ($7.6 billion) program are any guide, the whole exercise may end up just shuffling bad debt between banks, doing little to improve the health of China’s financial system as a whole. Here is a direct video link.
