The answer to much smarter resource management are all the ideas that help us to reduce, reuse and recycle. In the not too distant future we will look back on present habits and technologies and think, how could we have been so dumb and wasteful?
Los Angeles Department of Water’s Marty Adams discusses water recycling and the drought in California. Here is a direct video link.
Very exciting time to be alive. Yes we can harvest all types of free, sustainable, clean energy to feed our power grid. And it will be world changing for the better. Think of all the meaningful things we humans can invest in as we stop wasting trillions on developing, mining, controlling and buying finite, self-destructive energy sources. The possibilities are endless.
Pavegen flooring tiles convert kinetic energy from footsteps into electrical power. Founder and chief executive Laurence Kemball-Cook is an industrial design engineer fascinated by the environment. Here is a direct video link.
The idea of harnessing the excess kinetic energy produced by a vehicle, makes even more sense when we think about traffic in our large cities. There are many points at which all the passing cars are forced to break and reduce speed for a few metres so if we could use the energy that is wasted in the breaking, we would have the means to produce electricity.
Interesting discussion re why more banking deregulation has occurred under Democratic Presidents than Republicans…
Author Nomi Prins surveys the close relationship between banks and American presidents, from funding campaigns to influencing monetary policy long after elections, and links the Clinton and Bush dynasties to a past (and future) of financial deregulation.
Nomi is author of the book All the Presidents’ Bankers: The Hidden Alliances that Drive American Power, which was just released in paperback. Here is a direct audio link.
See also: Chris Christie takes heat for Hedge Fund donations. It’s everywhere, it’s everywhere…
Cory’s Chart Corner
Great chart from @crescatkevin on growing delta between CCCs and BBBs. Carry-on as if everything is normal!
The second indicator is widening CCC vs. BBB credit spreads.
Credit markets are generally quicker to pick up on deteriorating corporate cash flows than equity markets. While the S&P 500 Index has been hitting new all-time highs over the past six months, US triple-C credit
