Duke Energy is proposing a carbon dioxide storage project in the state of Indiana. The ball is now in the court of the Indiana Utility Regulatory Commission.
The goal of the project is to keep carbon dioxide emissions from going into the atmosphere. Studies have shown that carbon dioxide emissions have caused global warming.
Said Jim Stanley of Duke Energy: “Indiana gets more than 90 percent of its electric power from coal, and our country has hundreds of years of reserves. The real-world testing of carbon capture and storage is critical to the continued use of an abundant and relatively inexpensive domestic …read more

In Miranda Marquit’s post http://www.yieldingwealth.com/will-barack-obama-be-good-for-your-personal-finances/, one comment said:
To shield the people of taxes during the socalled War in Iraq, Bush Administration technically loaned for it. It shielded the people of taxes. That’s what third world countries do how they cope up with loans from first world country. This means, Bush economic policy, is still better.
The big problem with this kind of thinking (which seems to be how many politicians think) is it ignores the reality that what we do today is what our children and granchildren and future generations will have to live with: not only …read more

In 1973, Ernst Friedrich Schumacher wrote “Small Is Beautiful.”
His book propounded the idea that small organizations, whether businesses or communities, are more effective and efficient in the utilization of resources. Big corporations are wasteful in their drive towards large scale growth. He predicted that this mode of operations in large corporations would be unsustainable. He preached intermediate and appropriate technology. Today, thirty-five years later, he is being proven right: the subprime crisis, global warming, uncontrollable oil prices.
If small businesses rather than big corporations had dominated the economy and the utilization of natural resources in the …read more

“We cannot fix our problems with the same thinking we used
when we created them.” — Albert Einstein

images from Microsoft Clipart