Archive for the 'Energy' Category

Data Visualization: The Three Trillion Dollar War

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An outstanding infographic by the Good Magazine on the true cost of the war in Iraq.

The image is based on work by Nobel Prize laureate Joseph E. Stiglitz and Linda J. Bilmes who have together published a book on this subject earlier this year (link below). There is also a video narrating the key parts of the graphics on the Good Magazine web site.

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Corruption: At least USD 13 Billion Iraq Aid wasted or stolen

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The Washington Post today (link below) has a very interesting report on fraud, corruption and waste surrounding the U.S. Iraq reconstruction program.

Salam Adhoob, the former chief investigator of the Iraq’s Commission on Public Integrity (the equivalent to the U.S. FBI) estimated in a hearing of the Senate Democratic Policy Committee yesterday, that out of the about USD 50 Billion U.S. taxpayer money that has so far been disbursed to the Iraq reconstruction program, at least USD 13 Billion have been wasted or stolen through various fraud schemes.

The former chief investigator and head of a 200 strong auditors team was one of three Iraqis testifying before the committee yesterday – all providing evidence of widespread corruption and waste up to the point, as one of them said, that Iraqi government officials are financing al-Qaeda terrorists through some of these schemes.

An additional USD 9 Billion were estimated…

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Nice: Two new E-Cars for the UK

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Finally two all-electric car that do not look like a gunnysack or costs an arm and a leg.

The first – the Nice MyCar – designed by Italian design house Giugiaro and build in HongKong will be available in the UK from this fall…

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USA: Largest Wind Energy project approved

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With prices of oil and natural gas skyrocketing, Texas, home to some of the largest US petroleum industry conglomerates, is already planning ahead of current boom times for a future that could turn this state into one of the World’s biggest producers of alternative energy.

Following Oil Billonaire T. Boone Pickens’ declaration of “going green” and his initial purchase of about 670 MW wind turbines from GE earlier this year, regulators have now (preliminary) approved a plan to invest about USD 5 Billion into the electrical grid infrastructure connecting new alternative / wind energy projects in the wind-rich West and the Panhandle to the urban areas of Texas.

According to the approved plan…

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NZ Boat Earthrace takes new world record for circumnavigation

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This Friday at 14:24 CET when crossing the finishing line in Sagunto, Spain New Zealand’s Eco-Diesel boat “Earthrace” set a new world record for circumnavigation with powerboats.

With the new record time of 60 days, 23h:49min skipper Pete Bethune and his crew have shaved off almost 14 days from the previous record set by the British “Cable & Wireless” in 1998. After the failed first attempt to break the record last year when they had to abandon the run due to structural damages to the boat’s hull, this year’s attempt was not plagued with similar issues…

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Geo-Politics: The New Yorker on war preparations in the USA

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The New Yorker in his next issue (July 7 – available online) includes an excellent editorial on the preparations for another war by the Bush administration.

This time its Iraq Iran and based on a Presidential Finding signed by G.W. Bush the congress has already approved 400 Million USD for covert, sabotage and all sorts of other shady activities to “destabilize Iran“…

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