First Debt / Credit Bomb Dropped?

Jack Barnes – Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating. In one moment, an invisible trader placed a single trade that moved the most liquid debt market in the...

Citi’s Top Economist Says The Water Market Will Soon Eclipse Oil

Citi economist Willem Buiter tells clients to invest in the water industry which will soon become hotter than oil (via FT Alphaville): I expect to see in the near future a massive expansion of investment in the water sector, including the production of fresh, clean...

DOE Tests the Waters With Ocean Power Startups

Funding of renewable energy projects that are experimenting with hydrokinetics: “Currently, the Department of Energy has a mandate to spend $50 million a year on backing such research. For its part, the Federal Energy Regulatory Commission has approved 72...

GM WIN? 50 mpg diesel Chevrolet Cruze coming to U.S.

For the first time in almost 30 years, a U.S. carmaker is planning to market a non-truck diesel vehicle in the U.S. — tAP says the info came from two people briefed on the matter and that these people say the diesel Cruze would be rated about 50 miles per gallon (21...

MIT Unveils Sun-Free Photovoltaics

“breakthrough” Can anyone say thermoelectric power peltier effect? Like how Russians used fissiled nuclear waste to power generators and lighthouses or how the U.S. used radiation to power satellites for the last 40 years? – Haase Sure utilizing nano...

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