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...Burn almost any kind of organic material - corn husks, hazelnut shells, bamboo and, yes, even chicken manure - in an oxygen-depleted process called pyrolysis, and you generate gases and heat that can be used as energy. What remains is a solid - biochar - that sequesters carbon, keeping CO2 out of the atmosphere. In principle, at least, you create energy in a way that is not just carbon neutral, but carbon negative...
...hope steam can pull them through tough times again. "The Icelandic power industry will be one of the pillars to carry us out of this crisis," says Asgeir Margeirsson, CEO of Geysir Green Energy. As Thorunn Sveinbjarnardottir, Iceland's Environment Minister, puts it: "Icelanders think about this resource in almost biblical terms...
There's a lot at stake. The worldwide lighting market is worth about $78 billion a year, and consumer luminaries alone - excluding the market for bulbs - is almost one-third of that. Philips is moving fast to expand from its traditional European base. Bijlsma reckons the firm's sales of LED and other low-energy lighting will double every year in emerging markets, and grow "at a fast pace" in mature markets. Philips is targeting Latin America, and also Asia, where it is planning branded showrooms in stores...
...Almost 100 countries signed a treaty banning cluster bombs--large munitions filled with hundreds of smaller bomblets--on Dec. 3. Unexploded bomblets, which litter dozens of current and former war zones, can kill and maim civilians. Russia, China and the U.S. declined to participate...
Here's the best part. Apparently, we can pay for it all by printing money. This has been a no-no ever since Fed Chairman Paul Volcker slew the inflation dragon almost three decades ago. But now it seems the risk is deflation, not inflation, so running up a tab and printing money to pay for it is a good thing. After all, Volcker is back, heading Obama's emergency economic council. If Volcker says it's O.K., that's good enough for me. So is there a downside at all, or is this medicine so delicious that you look...