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Bloomberg – Ronald Reagan used to joke that the nine most terrifying words in the English language were “I’m from the government and I’m here to help.” Barack Obama is making those words welcome.
As he approaches his 100th day in office, Obama is rolling back the Reagan Revolution and restoring government to a central role in the economy. He has passed the biggest budget stimulus ever, prepared the way for an overhaul of the U.S. automobile and banking industries and proposed a $634 billion government- funded expansion of health-care benefits.
“It’s profound,” says presidential historian Richard Norton Smith of George Mason University in Fairfax, Virginia. “There are very clearly taking place some long-term, even transforming shifts in priorities and resources.”
Seekingalpha.com - The Mad Hedge Fund Trader graduated from the University of California at Los Angeles (UCLA) with a degree in Biochemistry and a minor in Mathematics in 1974. He moved to Tokyo, Japan to join Dai Nana Securities as a research analyst of Japanese companies, becoming fluent in Japanese.
In 1976 he was appointed the Tokyo correspondent for The Economist magazine and the Financial Times. For the next seven years he published thousands of articles about the economies, companies, and leaders of every country in Asia. He was one of the first American correspondents to cover China during the cultural revolution. He reported on the American attempt to climb Mount Everest and guerilla wars throughout Southeast Asia. The major figures he interviewed included China’s Premier Deng Xiaoping, Ferdinand Marcos of the Philippines, the UK’s Margaret Thatcher, the PLO’s Yassir Arafat, and of course President Ronald Reagan.
West Palm Beach (HedgeCo.net) - Platts 3rd Annual European Carbon Capture and Storage (CCS) conference is assembling the CCS community to discuss and review CCS projects in their various stages and look to uncover opportunities in what will become a changed regulatory environment to ensure CCS lives up to its potential.
Some of the issues to be covered include, delivering EU Regulatory Framework, finance and investment, public perception, international CCS case-studies and storage selection and liability among others. Some leading companies are also planning to highlight their latest CCS projects.
Carbon Capture and Storage has developed in a short space of time from coal-fired power’s much-heralded saving grace, to Europe’s energy policy catchphrase to real, on-the-ground pilot project status.
With these first-stage investments underway, the energy industry is closer than ever to a genuine assessment of CCS’ viability. CSS says they are looking for updates from the major actors – how are the pilot projects progressing? Is there an adequate spread of projects in the pipeline to test all potential technologies?
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