We Don’t Need No Stinking Giant Fans

Alternative Subsidy 21 Comments

GERMANY: Costs related to faulty wind turbines have hit Siemens’ results, forcing the wind division into a loss for both the fourth quarter and 2014.
The German manufacturer said it was impacted by EUR 223 million in charges for inspecting and replacing main bearings in onshore turbines, as well as repairing blades on both onshore and offshore turbines.
Head of the Siemens energy business Lisa Davis said: “The charge is related to inspecting and replacing bearings due to the early degredation in certain turbine models. We believe this is related to recent batches of bearings and we are in discussions with the supplier.”
[…]
In addition to the write down due to turbine faults in the latest quarter, the wind division’s performance was adversely affected by a lower profit contribution from the higher margin offshore business. The division’s margin slumped from 11.1% to negative 4% in the latest quarter.

The report is prefaced by an entertaining feature article on Aussie warmonger Tim Flannery.

Bin Laden Is Dead And Aid Worker Peter Kassig Is Dead

Operation Empty Chair Syria Terrorism 10 Comments

AP News: An Islamic State group video released Sunday purports to show extremists beheading a dozen Syrian soldiers and ends with a militant claiming to have killed U.S. aid worker Peter Kassig, the latest slaughter proudly broadcast by the group on the Internet.
Related.

When the Taliban lost control of Afghanistan between Oct. 7, 2001, and Dec. 23, 2001 — a period of 75 days — U.S. aircraft flew 6,500 strike sorties and dropped 17,500 munitions. By contrast, between Aug. 8, 2014, and Oct. 23, 2014 — 76 days — the United States conducted only 632 airstrikes and dropped only 1,700 munitions in Iraq and Syria…

Now Is The Time At SDA When We Juxtapose!

Drill, Baby, Drill Ethical Energy Juxtapose! 10 Comments

What would we do without forecasts?
Forbes, July 2011 – It seems that plenty of traders agree with Roubini’s bearish outlook. A chart published today by Bloomberg shows a sharp increase in traders buying call options on $200/barrel oil futures, which expire on May 17th.
BBC, November 2014 – The IEA, a consultancy to 29 countries, said weak demand and the US shale gas boom meant crude’s recent fall below $80 a barrel was not over.

Reader Tips

Reader Tips 25 Comments

The audio isn’t great, but tonight we watch a rare live clip from Bob’s “born-again” period, as he and his fine band make a holy racket during a performance of a song from the album Saved called Solid Rock.
The comments are open, as always, for your Reader Tips.

Cheese-Eating Boots On Ground (and in air)

Baiting SDA 14 Comments

1) Grands fromagers:

…
cheese.jpg

2) Bottes:

France completes Operation Tudelle in northern Mali
mali.jpg
France completed its Operation ‘Tudelle’ in Mali’s Ifoghas mountains, 500 km north of Gao and close to the Algerian border in early November. The operation saw a shift in both jihadist and French military tactics, while behind the scenes all the indications are that France’s military involvement in Mali is set for the long term…
Operation ‘Tudelle’ involved some 400 soldiers and 100 vehicles, and forms part of the wider Operation ‘Barkhane’, which spans from Chad to Mali and involves 3,000 French personnel…
According to the French military, Operation ‘Tudelle’ saw 24 jihadists killed, two captured and a large amount of ammunition, weapons and bomb-making components destroyed. France meanwhile suffered its 10th fatality since its Operation ‘Serval’ was launched in Mali in 2013, when a French special forces operator from the Commando Parachutiste de l’Air n°10 was killed on 29 October…

Proudly powered by WordPress & Skyrocket Themes

MENU

Navigation