Welcome to Good News Friday, where we attempt to find some good economic, energy, and environmental news and share it with PP readers. In the future, please send any positive news to [email protected] with subject header "Good News Friday." We will save and post weekly. Enjoy!
A Foxy, Rowdy Republican Debate (jdargis)
But Fox accomplished something important. It prevented the Republican contenders from relying on sound bites and hewing to scripts that say less about their talents and more about the labors of their well-paid handlers.
Average hourly earnings rose 0.2 percent in July, about what was expected but better than in June, when wages were flat. Over the last 12 months, wages have risen at an annual rate of 2.1 percent, not much more than the underlying rate of inflation and one reason many workers remain frustrated with what has been a fitful recovery.
Federal Reserve officials lately have been pretty upbeat about the economic outlook, a key reason they are talking about raising short-term interest rates as soon as September. Our colleague Jon Hilsenrath writes that the expectation of economists surveyed ahead of today’s jobs report — payroll employment gains of 215,000 and an unemployment rate of 5.3% — would likely enough to satisfy the Fed’s view that the job market is producing solid gains. In fact, even a disappointing report might not be enough to dissuade Fed officials from their view.
These “high functioning photo bioreactors” are then able to generate heat and light as part of a self-sustaining system that also filters the air, and provides nutrient and waste control to the algae, allowing them to thrive and multiply. Like an Ikea showroom gone rogue, the exhibit contains a dining room, living room, and “concealed control center”—all powered by algae.
Of course, all of this is great news for U.S. natural gas producers. Who are seeing a potentially huge source of demand emerging as pipelines into Mexico open up. By some estimates, Mexican consumers could take up to 10% of total U.S. natgas production over the next two to three years.
Whether midstream or E&P, this is a space that's going to create some of the biggest shifts — and opportunities — in global energy markets. Stay tuned.
Almost all metals can be made to temporarily respond to magnetism, albeit some extremely weakly, known as paramagnetism and diamagnetism. But only iron, cobalt and nickel can become permanent magnets, known as ferromagnetism. A common example of a ferromagnet is a fridge magnet.
The United Kingdom saw the steepest single-year drop in greenhouse gas pollution in more than two decades in 2014, according to government data released on Thursday. The country's carbon emissions fell 8.4 percent, even as its economy grew by 2.6 percent.
The decline in carbon emissions was the largest ever in a year when the U.K. economy expanded, according to The Carbon Brief.
How To Build a Three-Bin Composter (jdargis)
To compost, toss a thick layer of carbonaceous material, such as brown leaves, straw, or wood chips, into the first bin. Shovel nitrogen-rich material, including grass clippings, manure, and kitchen scraps (no meat or bones), on top of the browns and cover with another layer of carbonaceous material. When it has begun to decompose, turn the material into the next bin. Use the now-empty first bin to start the cycle over, moving and turning compost until it finishes “cooking” in the third bin.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
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