Using waste heat energy for industrial-scale air conditioning

New technology from China use multiple forms of waste heat to heat water. Absorption chillers then use that heat to create AC cooling. This saves considerable money and uses no fossil fuels.

Soros on his new university, and the similarity between Marxists and free marketeers

CF Do you think university faculties will accept the sort of outside influence?

GS There will be great resistance and people in the universities are rather despondent because they realise that papers that don’t conform to the prevailing dogma are not accepted by the periodicals which are used to give tenure. So there is a [...]

Solar power tower

Aora’s solar power towers (or should that be ‘solar tower flowers’) are now producing electricity in Israel.

[Each] unit forms a single power module, capable of generating 100kW electric power in addition to 170kW of thermal power.

The Fed on commercial real estate. Oh heck, just make up the numbers

From the comments at Zero Hedge about the Fed press release about commercial real estate

I am truly depressed. ONLY the FED could come up with this line:

“In addition, performing loans, including those renewed or restructured on reasonable modified terms, made to creditworthy borrowers, will not be subject to adverse classification solely because [...]

Why you should subscribe to Left Business Observer

Because, among many other reasons, great quotes like the following.

The party began in earnest in the aftermath of 9/11. Fed Pimpmaster General, Alan Greenspan, demonstrating his august judgment with respect to these matters, embarked on a plan of making free money available to a select few, with the only requirement that the few charge [...]

Prairie pioneer seeks to reinvent the way we farm

For 31 years Wes Jackson has been developing strains of grain that work the way nature do. Plant them once. Harvest them year after year. Plus, they replenish the soil. He’s about to plant them in fields and see what happens.

Wave power creates air pressure to turn turbine, making power offshore

Unusually, for wave power concepts, this converts the energy of ocean swells under the platform into air pressure which turns a wind turbine. The company’s previous demo in 2007 proved it works.

It works by trapping a hollow airspace above the ocean; pushing up into a 100 square metre tunnel in the 500 tonne [...]

A special Halloween Bank Failure Friday

The FDIC seized 9 banks today.

This as the banksters prepare to pay themselves unprecedentedly high bonuses. Well, destroying the economy while you vacuum money from the working and middle class to yourself is hard work. Plus, most people now think bankers are pond scum. So, they just have to pay themselves extra for all [...]

Anza-Borrego Desert

Palm Oasis, Anza-Borrego Desert State Park

Painted Rocks. Colors are caused by bacteria over thousands of years.

Deserts are amazing places, filled with life, once you know what to look for. I took these photos yesterday in Anza-Borrego Desert State Park in southern California. The weather is nice this time of year, in [...]

FBI obeys orders from the real government

Allows banned Russian oligarch into US to meet with Goldman Sachs, Morgan Stanley.

Obeying laws and regulations is something only the little people must do. Investment banks get to ignore such petty annoyances.

Why is there such contempt for government and Wall Street? As Alan Watts once said, “authority will be respected when authority is [...]