Economics

bnef.com - October 31st 2016

Germany’s power grid outage averaged 12.7 minutes last year, 41% less than in 2006, even though renewables have grown to account for as much as a third of power generation in the country, according to data released by the federal regulator last week.

This put to rest concerns about intermittent sources of power threatening grid stability. The country is weaning itself away from nuclear power and embracing renewables generation, providing a working model of transformation of the energy sector for many other countries.

(VIEW COMPLETE ARTICLE)

Solar panels are seen in the Palm Springs area, California April 13, 2015. Picture taken April 13, 2015.
Reuters/Lucy Nicholson

reuters.com - by Nichola Groom - August 14, 2015

By almost any measure, the U.S. solar market is on fire.

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Even China's currency devaluation could cut panel costs for U.S. solar installers.

Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn't used to generate power.

(READ COMPLETE ARTICLE)

REUTERS                                                                                                 NOV. 20, 2014
By Sarah N. Lynch

U.S. regulators on Thursday suspended trading in four small over-the-counter stocks of companies that they said have been touting the development of products to prevent or treat the Ebola virus, and warned investors to beware of similar scams.

The Securities and Exchange Commission said it had suspended trading in the shares of New York-based Bravo Enterprises Ltd, California-based Immunotech Laboratories Inc, Canada-based Myriad Interactive Media Inc and Wholehealth Products Inc, which is also located in California.

The SEC also issued a warning that "con artists" may be soliciting investors and claiming to be developing treatments or medicine to prevent the deadly virus.

Read complete story

http://www.reuters.com/article/2014/11/20/us-sec-ebola-scams-idUSKCN0J41V820141120

submitted by Samuel Bendett

A crew works on levee in the Natomas Basin in this file photo. According to a new report, the state’s biggest water-related concerns include the risk of catastrophic flood or disruptions in the water supply due to levee failures, declining ground water basins and continued uncertainty about the reliability of water supplies.
Todd Quam|Digital Sky Aerial Imaging

Sacramento Business Journal - by Melanie Turner - May 31, 2012

Threats to California's water system must be addressed now in order for the state's economy to grow and prosper, according to a report by the Public Policy Institute of California released late Wednesday.

The continued expansion of water management tools, such as the reuse of highly treated wastewater, underground storage and water "banking," will allow California to manage future water shortages, the report concludes.

The report represents a consensus view of a wide-ranging group of experts on the role of water in the state's economy.