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I was listening to our president and recalled Jerzy Lec:

"I am so full of optimism that I can't take any more of it."

What didn't Dmitry Medvedev promise us! "Intolerance toward corruption...improvement of housing conditions...nurturing of the personality already in school...normalisation of the situation in monocities..." And also about agriculture, modernisation of the economy, flights to other planets; reducing taxes; raising the quality of school education...

Of the new - a possible abolition of the switches from summer to winter and a reduction in the quantity of time zones. And - applause, applause, applause...in the spirit of the times of Brezhnev.

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War as a means of securing energy resources is a familiar narrative.  Peace as a means of securing energy resources is rather less typical . . . The New York Times today has a wonderfully ironic story on how decommissioned Soviet weapons are being used to keep the very houses warm that once they threatened to destroy.  Who'd have though the leftovers of the Cold War could be warming up the hot suppers of thousands of Americans?  Certainly adds another layer of vested interests to the START replacement discussions.  If one of the defining conflicts of the 21st century will be that of battling climate change, as Mikhael Gorbachev suggests in the Moscow Times today, then cooperation on ...

Premier Power Renewable Energy, Inc. (PPRW.OB) is a leading North American and European provider of solar power systems designed to consistently delivering high quality performance. The company combines technical and financial expertise in a range of deal structures, with transparency and innovation that noticeably surpasses expectations.

Premier Power’s primary goal is to build solar energy systems that produce enough electricity to reduce or eliminate a residential user or business’s dependency on conventional energy. Simultaneously, the company succeeds in its aim to contribute to the conservation of energy resources and the increased use of clean solar energy.

Founded in 2001, Premier Power stands out by specializing in evaluating clients’ needs and finding the right turnkey solar power system to eliminate their electricity bills. From residential neighborhoods to large corporations and utility scale solar systems, Premier Power has made a difference in the energy bills of their clients.

Let us hear your thoughts:

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According to ITAR-TASS, Prime Minister Vladimir Putin has commented that Russia does not object to selling energy resources using domestic currencies.  How done is the Russia-China gas deal? wonders the the FT.  Gazprom will buy 500 million cubic meters of gas from Azerbaijan next year.  The Times has a piece on the 'take-and-pay' system which is now causing friction between suppliers and buyers.  Norway's Aladdin has signed a five-year contract to provide gas from a field in the Komi republic to a Gapzrom subsidiary.  ConocoPhillips is apparently 'non-committal' on a possible sale of its 20% stake in Lukoil.  Serbia expects as much as $13.4 billion to be invested in modernizing its energy sector by 2015, and is working with Gazprom.  Iraq has given a consortium led by Eni the right to develop its ...

Clenergen Corp., developer of innovative clean energy generation systems, has created a way to produce power, steam, hydrogen, and various other useful products, all through the use of advanced gasification and steam technologies. Instead of dealing with the issue of energy resources – specifically biomass processing – by simply applying engineering principles, Clenergen approaches it from an agronomy/microbiology and plantation management perspective. By so doing, the company is able to deliver a standard, uniform virgin biomass on a commercial scale, at regular intervals, for use in the generation of electricity.

The electricity is generated using proven gasification technology, which disintegrates the biomass releasing syngas. This can then be combusted to power gas turbine generators, or can be burned to release all tar while producing steam to run the turbine generators. The high levels of efficiency and energy conversion produces a consistent source

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Two Companies Profiting From the “Fuel of the Future”

by Louise Harris, Investment U Research

You don’t have to look far to find one of today’s big economic and market buzz phrases: Green investing.

From green clothing websites, to CNN headlines heralding biofuel, companies are trying their best to capitalize on growing consumer sensitivity to the environment.

However, like the dotcom era before it, some of the green craze is no more than a speculative bubble. But many of it is the real deal. And despite past debacles, biofuels fall into the latter category.

A Deal With Dow

Take start-up company Cavitation Technologies Inc. (OTC: CVAT), which develops equipment that turns vegetable products into viable fuel. Only established in 2006, it just entered into a long-term agreement with Dow Chemical Co. (NYSE: DOW)

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Hawaii: Pristine black sand beaches… surfing… spectacular volcanic eruptions… and miles of pineapple plantations. If you are like me, this is what comes to mind when you imagine Hawaii.

What may not come to mind, though, when you think of America’s 50th state are its energy resources – and specifically, the fact that it gets 77% of its power from oil-fired power plants. That’s a unique statistic within the United States. Coal-fired plants provide 14% of power, and the remaining 9% comes from renewable sources like wind and solar energy.

Suffice it to say, tourism is Hawaii’s largest industry, with agriculture playing a major role, too. And not unlike the rest of the country, the one thing needed to keep it all running smoothly is a reliable source of electricity.

Problem is, Hawaii is dependent on fossil fuels for more than 90% of its power – an issue that became shockingly clear when

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An Australian Dollar Play on China’s Growth

Tony Daltorio, The Investment U Research Team

Despite the continuing negative sentiment toward China from much of Wall Street, China’s remarkable economic growth continues unabated.

While Wall Street “experts” focus solely on the export-oriented eastern cities in China, they are missing the rapid growth occurring in other parts of China with the government’s “Go West” program.

And let’s not forget that within a few years, the size of China’s middle class will exceed the entire population of the United States.

However, there are still many investors who are not comfortable investing directly in China and buying Chinese companies.

There is another way to invest profitably in the economic growth in China, of which most investors are completely unaware. And it doesn’t involve owning any Chinese or Asian stocks.

It is the Australian Dollar.

The Australian

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Presidential aide Sergei Prikhodko has stated there has been 'progress' in the construction of a nuclear power plant in Belarus with Russia's assistance.  Energy was a focal point for discussion between Russian presidential envoy to the Far East Viktor Ishayev and South Korean President Lee Myung-bak.  Emphasis was put upon 'oil and gas development, coal deposit exploration, the construction of pipelines'.  Prime Minister Putin has reportedly suggested paying all natural gas extraction revenue tax straight into the federal budget to boost revenue.  Gazprom has stated that Ukraine is pumping gas into underground storage at sufficient rates to ensure the stability of gas transit to Europe over the coming winter months.  The Guardian reports that UK coal has begun a 'buy British' marketing campaign to counter Britain's dependence on Russian energy resources.  Lukoil has seen a 44% ...

Why would Turkey sign on to a massively expensive and redundant underwater pipeline that would eliminate the transit business at the lucrative but over-trafficked Bosporus Straits?  Because when it comes to Gazprom and Eni's South Stream, it is very different to say you support it than it is to actually build it.  Nabucco is likely to work, and looks like it will find the gas to fill capacity - but not before Ankara does everything possible to milk both sides for the maximum concessions.These editors at Zaman don't quite get the issue right, but there is enough perspective here to get an idea of the Turkish mentality on Russian energy politics (resentful of the perceived mistreatment ...