Industrialized Cyclist Notepad


No Bailout for Better Place

I wrote a little about this company’s scheme for swappable batteries and recharging stations in The Cyclist’s Manifesto, the book I wanted to call 1000 M.P.G. Noted the similarity of their scheme to what was working in NYC in the 1890s with Pope’s electric hansom cabs.

Better Place was situating itself to capitalize on the eventual demise of gas guzzling auto companies. But when certain key gas guzzling car companies tried to go paws-up, Dr. Obama and Co. stepped in and — Clear! — hit ‘em with the paddles. Priorities.

FORTUNE — Electric car company Better Place is planning to file for bankruptcy within the next several days, Fortune has learned.

The move will come seven months after the ouster of charismatic founder Shai Agassi, and five months after his successor — Evan Thornley, CEO of Better Place Australia — also departed.

via Exclusive: Better Place to file for bankruptcy – The Term Sheet: Fortune's deals blogTerm Sheet.



The Carbon Fallacy

Chris Martenson, smart about energy, busts the O administration for its disingenuous claims about lowering carbon emissions with natural gas:

To claim credit for lowered carbon emissions due to natural gas and then also support the idea of exporting LNG (where fully 25% of the base energy is combusted in order to simply liquefy the product) is hypocritical. These are two ideas that work against each other.  Either you use natural gas wisely and efficiently as you move away from coal resources and claim a carbon credit for these actions, or you support throwing 25% of natural gas’ energy right into the atmosphere just to cool it for transport.  

So it’s a fallacy to imply that exporting natural gas will help lower carbon emissions. In all honesty, total emissions will most likely be higher than otherwise – because let’s be realistic; the most likely path is for humanity to burn up all the natural gas and then burn up the coal next.

Further, where the U.S. carbon emissions have gone down due to less coal being burned, that happy circumstance resulted in Europe doing exactly the opposite:

[…]

Does natural gas help to lower carbon emissions?  No, it merely pushes the carbon emissions elsewhere while the U.S. feasts on relatively cheap natural gas domestically.  The only thing that lowers carbon emissions is NOT burning coal, natural gas, or petroleum – collectively.

via The Obama Administration's Policy on LNG Makes No Energy Sense | Peak Prosperity.



Pakistan Drone Strike Map

via http://www.guardian.co.uk/news/datablog/interactive/2012/aug/02/drone-attacks-pakistan-map

The US has launched drone strikes in Pakistan over 330 times with up to 3,247 casualties – including up to 852 civilians.

The More Effective Evil craves the legitimacy of your middle class “liberal” vote as a ratification for its More Effective Evil policies.



If you vote, you have no right to complain

George Carlin.

Warning: Adult Content.

via http://electionboycott2012.org/the-late-george-carlin-on-voting/



NEITHER!

Ugh.. Robomney…



Actual unemployment versus the Administration’s ’09 predictions

Even in the ‘nightmare scenario,’ everything gets better, better, better.

This chart says a lot about American politics.

Also, remember that the ‘actual unemployment rate’ … isn’t.



This kind of sums it all up

Bill Black:

“Neither administration has prosecuted any elite CEO for the epidemic of mortgage fraud that drove the ongoing crisis. This contrasts with over 1,000 elite felony convictions arising from the S&L debacle. The ongoing crisis caused losses more than 70 times greater than the S&L debacle and the amount of elite fraud driving this crisis is also vastly greater than during the S&L debacle. Bank CEOs leading “accounting control frauds” now do so with impunity from the criminal laws. They become wealthy through fraud and even if they are sued civilly they almost invariably walk away wealthy with the proceeds of their frauds.”

http://www.neweconomicperspectives.org/2012/01/holder-obamas-propaganda-is-belied-by.html




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