This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected]eakprosperity.com with subject header "Good News Friday." We will save and post weekly. Enjoy!
"A lot of times students can be pretty beaten down by the fact they can see so much in decline," said Kevin Jordan, a teacher in Oakland High's Environmental Science Academy. The innovative solar program teaches students how to harness sunlight to power lightbulbs, cellphones and other electrical devices using the high-tech portable power unit called the We Share solar suitcase. Knowing they can make a difference in the world gives them a big boost, Jordan said.
“The SunCell® is expected to be available for commercial use in 2017. Dr. Mills expects commercial units at volume to have a capital cost around $100 per kilowatt capacity. The units will use water as hydrogen fuel, resulting in an on-site, total generation cost of electricity of less than a cent per kilowatt-hour. The BrLP business plan promotes a leasing model for units under power purchase agreements. BrLP anticipates that SunCells® can be used to replace all power sources, such as stationary and motive sources.”
“The headline number was a bit of a disappointment but not too bad, and the rest of the report suggests steady improvement,” said Michael Hanson, a senior economist at Bank of America Merrill Lynch. “The financial markets are leery, but the labor market still looks like it’s continuing to grow.”
How To Be Reasonable (jdargis)
Now assume that the size of the punishment is P and the number of convictions necessary to get one true conviction is always N. More precisely: I’ve assumed that for every crime, there are N suspects, one of whom is guilty, and all of whom are equally damned by the evidence. The question then is: Should we, given the strength of that evidence, always convict or never convict?
Bailes, the former Pittsburgh Steelers doctor who was instrumental in first alerting the public to the neurodegenerative disease chronic traumatic encephalopathy, or CTE—and who is portrayed by Alec Baldwin in the Hollywood drama Concussion—says helmets fall short in protecting against injuries that occur when the brain, which floats in cerebrospinal fluid and is not connected to the skull, “sloshes” around. That led him and his colleagues to ask: “Is there any way to limit the brain’s movement and ability to slosh?”
Gold Coins’ Untold Opportunity (Tiffany D.)
And then there’s the Royal Canadian Mint…
They’re still tabbing up their full 2015 sales, but I believe it’s going to be a huge number. Just in the first three quarters of last year, the mint said it experienced a “sustained resurgence in gold and silver bullion demand.”
The farmer-in-residence will be responsible for managing an organic micro-farm, taking care of landscaping, operating a compost facility, managing a beehive on the roof, and doing occasional community outreach. It’s a full-time job, and compensation would seem scarily low at first glance: According to the job listing, “Compensation includes an annual salary of $15,000 to $25,000 depending on experience, plus URBY staff benefits.” On the other hand, compensation also includes a free apartment in the complex, which is a huge plus for anyone in New York City. (The average price of a studio apartment in New York City varies, but is never below $1,000, so offering a free apartment is basically doubling the salary.)
Brian Bagnell: We did a study last month looking at break-even costs for all of our North American producers. We looked at 57 covered companies between Canada and the U.S. When the 2016 strip was hovering around $41 per barrel ($41/bbl), we found that the vast majority of companies were able to cover production costs. However, once you consider maintenance capital, which is money that needs to be spent by the company to hold production at current levels, only 9 out of 57 had excess cash flow. Once we factored in dividends, that number dipped to just three companies.
Gold & Silver
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