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abitare (99.44)

Itulips: Next Bubble: Alternative Energy, Nano Technology and Infrastructure

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January 26, 2009 – Comments (1)

I like Itulips, here is the President talking about the next bubble a year ago. 

1 Comments – Post Your Own

#1) On January 26, 2009 at 2:38 PM, abitare (99.44) wrote:

FYI -  I expect to see more of these type articles going forward:

January 25th, 2009
What’s a wealthy nation spend its money on?

"the biggest of the Fat Cat Nations: China.
They’re building more and more railroads! And trains. Not buying iPods, SUVs or a world-beating military. Trains. Last year China spent about $50 billion on railroads. They expect to nearly double that this year.
To establish a little rail scale: the American budget for Amtrak barely tops a billion dollars annually. The spending there will be part of the Chinese economic stimulus package, and that’s just as controversial there as here. Except nobody gets to filibuster in China. Criticism comes from those who think 4% on education and healthcare is a mite miserly.
OIL WEALTH FOR WHAT?
Oil rich Norway is coming off four great years of oil-driven revenue. They expect a fall-off this year. Yet spending on health, education, railroads and alternative energy will increase. Seems Norway expects to eventually run out of oil and they’re planning ahead.
Norway deliberately uses taxation to encourage purchase of more fuel efficient autos, they’ll give a tax deduction for low emission cars. There’ll be a parallel tax added for cars with emissions above 250 grams carbon per km.
The government there is also supporting research and working projects for carbon capture and storage."


http://blogs.zdnet.com/green/?p=1696 

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