David Letterman on fracking: "We're screwed."

I just saw this today. It is from 2012.

50 things we can do to stop Global Warming.

1. Replace a regular incandescent light bulb with a compact fluorescent light bulb (cfl)

CFLs use 60% less energy than a regular bulb. This simple switch will save about 300 pounds of carbon dioxide a year. We recommend you purchase your CFL bulbs at 1000bulbs.com, they have great deals on both screw-in and plug-in light bulbs.

2. Install a programmable thermostat

Programmable thermostats will automatically lower the heat or air conditioning at night and raise them again in the morning. They can save you $100 a year on your energy bill.

3. Move your thermostat down 2° in winter and up 2° in summer

Almost half of the energy we use in our homes goes to heating and cooling. You could save about 2,000 pounds of carbon dioxide a year with this simple adjustment.

4. Clean or replace filters on your furnace and air conditioner.
Cleaning a dirty air filter can save 350 pounds of carbon dioxide a year.

5. Choose energy efficient appliances when making new purchases

Look for the Energy Star label on new appliances to choose the most energy efficient products available.

The Masdar Initiative

The snippet below is from a Report On Business story, "Pumping pollution beneath the desert"

Abu Dhabi is planning to construct the world's largest carbon capture and storage project, as part of the oil-rich emirate's $15-billion (U.S.) bid to become a leader in clean technology and renewable energy.

While countries around the world are wrestling with the daunting economics of carbon sequestration, Abu Dhabi is planning to invest up to $4-billion to capture as much as 15 million tonnes of CO{-2} annually from eight industrial plants, and then inject the gas underground to enhance oil recovery.

I have never heard of this technology before, so I reserve my opinion. On the surface it sounds plausible, but the question that came to mind for me was; Is this akin to dumping PBC's or nuclear waste in the bottom of the ocean? We will have to wait and see.

In the mean time, Abu Dhabi has planned a city of six square kilometres that will capture CO2 emmissions and pump them underground. My understanding is that the emmissions will be then used in the oil refining process, and thereby reducing the use of natural gas, which is currently being used . The city uses light rail for transportation and will recycle everything. The plan is for a zero YES, I said ZERO waste city.

Check out their video here and check out the site for the planned city: The Masdar Initiative

My stock tip of the day for you buy the stock and in ten years retire. I bet George Bush owns some. I predict this will be a huge story and in the months and years to come we will hear more about it and everyone will have heard of a place called Masdar.

Mubadala Development Company is a wholly owned investment vehicle of theGovernment of the Emirate of Abu Dhabi, in the United Arab Emirates.
Mubadala was established in October 2002 as a Public Joint Stock Company through Emiri Decree Number 12 of 2002, issued by His Highness the Crown Prince of Abu Dhabi.

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