Filtered by tag: Economics

No more helium shortage
Posted: 16 October 2017

You may not have been aware of it, but the world was facing a possible shortage of helium, which is used in space rockets and MRI medical devices. Helium, besides being lighter than air, and a safe way to inflate party balloons, is an inert, stable element that won't combust or explode under pressure, making it almost unique in some scientific applications. But it can't be made in a ...

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Massive 'Life-Saving' Helium Field Just Turned Out to Be Far Bigger Than We'd Hoped
16 October 2017
New analysis of a gargantuan helium deposit discovered in Tanzania last year has revealed that there may be much more of the gas than initial surveys ...
MindBullet logo US BANS HELIUM EXPORTS IN ELEMENT TRADE WAR
China's medical and consumer electronics manufacturers in turmoil
Dateline: 15 August 2015
In a widely expected, but controversial, move the US has banned all helium exports to China and its major trade partners, following China's banning of all ...
Blockchain businesses
Posted: 26 September 2017

We published this MindBullet more than two years ago about autonomous businesses on the blockchain. Now they're getting airtime as DAO or decentralised autonomous organisations. I prefer the name 'blockchain businesses', better than an acronym and more descriptive. Were we ahead of the game? Read the attached news link by Chris Skinner and decide for yourself!

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What is a Decentralised Autonomous Organisation?
26 September 2017
I was asked to explain what I meant by haven’t central bankers realised that democratised trust is in the technologies and code? when I blogged about the ...
MindBullet logo BLOCKCHAIN BUSINESSES THAT RUN THEMSELVES GO VIRAL
The rise of the distributed autonomous company has disrupted markets and nations
Dateline: 17 February 2027
CarCoin has ubered Uber. AppCoin has upstaged Apple. And Africoin has made African countries irrelevant; fiscally and economically at least. Based on the ...
Trust...in a world of broken trust...is a crucial asset or a massively scary challenge!
Posted: 24 September 2017

All of us in the "rest of the world" need to be very alert to the forces shaping our future...and the reality of a world experiencing and coping with myriad examples of broken trust is but one of our challenges!

Pres. Trump's current rhetoric is alarming and a warning for all of us as he is destroying one of the key vestiges of whatever remains of trust in the world - the reliability of a ...

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Opinion | Mr. Trump Squanders the World’s Trust
24 September 2017
At a crucial moment, Donald Trump is forcing the world to confront core questions it really shouldn’t have to ask: Can he be trusted? And, more saliently, ...
MindBullet logo AI FOR PRESIDENT
The next Commander in Chief is an avatar
Dateline: 3 November 2020
When a Presidential decision can affect millions of people's lives, it's a weighty matter; one that must balance ethics, integrity and pragmatism with what ...
India's PostBank bring high-tech to rural areas
Posted: 23 September 2017

Modern day Postmen...armed with micro ATMS, pedal (literally) hight tech solutions to rural areas across India.

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Your postman may soon become the point of contact for all your financial work. Read how
23 September 2017
India Post is targeting a dozen key bill payments, like school fees and utility bills, for those who arent familiar with operating an app on their own.
MindBullet logo EMERGING MARKETS RACE FOR DIGITAL CURRENCY FIRST PLACE
Who will lead the global chaincash system?
Dateline: 13 March 2019
Several emerging economies are in a desperate tech race to be the first to establish a blockchain based fiat currency with global acceptance. The ...
China goes electric
Posted: 11 September 2017 1 Comment

We 'predicted' that China would de-commit from all fossil fuels by 2020. That's what our MindBullet said 12 years ago. Well, China is not going fossil free that soon, but they are on a declared strategy to dominate electric vehicles!

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China Fossil Fuel Deadline Shifts Focus to Electric Car Race
11 September 2017
China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that will accelerate ...
MindBullet logo WORLD MARKETS IN TURMOIL AS CHINA DECOMMITS FROM ALL FOSSIL FUELS
Bold energy strategy targets pollution and leadership in world automotive industry
Dateline: 1 July 2008
Just four weeks before the start of the 2008 Beijing Olympics, China has played a trump card in global politics. China has taken the pollution bull by ...
Rent a robot and retire
Posted: 6 September 2017

More than a decade ago we speculated on the ability for robots and automation to enable people to retire earlier, and published a MindBullet along those lines. Now we see this looming concern with robots 'replacing' jobs for people, and the support for basic income for people made redundant by technology. I think I'm inclined to agree with Gerd Leonhard, we are on the cusp of a tipping point ...

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The bright side of the AI and robot revolution: You might get to retire earlier | ZDNet
6 September 2017
Productivity gains should be used to make the quality of our working life better, and not just make corporations richer.
MindBullet logo RENT A ROBOT AND RETIRE
HSBC lets you earn while you snooze
Dateline: 11 September 2095
With 60% of the population of the US and EU now over the age of 65, economists have expressed astonishment at the continued strength of the world economy. ...
Nuclear on the wane in Europe
Posted: 30 August 2017 1 Comment

Despite the new nukes being planned or built in the UK and Finland, it seems that the general appetite for nuclear power in Europe is declining. Germany has long had a plan to phase out nuclear, to appease the Greens, and now France - a big proponent of nuclear power - has publicly committed to closing down several nukes in the next few years.

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France will need to close nuclear reactors-minister
30 August 2017
French Environment MinisterNicolas Hulot reiterated on Wednesday that France will need toclose several nuclear reactors in order to meet a target to cutthe ...
MindBullet logo GERMANY POWERS DOWN ITS LAST NUCLEAR PLANT
New Energy replaces nukes, saves money
Dateline: 6 June 2020
Germany has shut down its last remaining nuclear power plant, two years ahead of schedule. Supporters of the Greens and the Pirate Party staged a peaceful ...
Second order consequences of auto electric cars
Posted: 29 August 2017

Benedict Evans shares his thoughts on the second order consequences of autonomous vehicles and says they will have an impact on all sorts of things, from cigarettes to cities!
http://ben-evans.com/benedictevans/2017/3/20/cars-and-second-order-consequences ...

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MindBullet logo MOBILITY AS A SERVICE
Private cars banned in New York and London
Dateline: 17 August 2019
Four years ago, it was proposed that gasoline and diesel vehicles be banned from certain cities and states; but the new trend towards mobility as a service has caused a major re-think. It's not enough to insist on electric vehicles; privately owned cars are just so wasteful. Now it's becoming illegal to own your own car. It takes up too much of the city's resources, parking and charging; and ...
Migrants are good for business
Posted: 24 August 2017

We've pointed out before that migration is a natural human phenomenon and has been responsible for building some of the greatest nations on earth, like the United States. The current trend toward closing borders is bad for growth. Here the Economist shows, with data, that Europe needs more migrants to avoid shrinking populations, and by implication, shrinking economies.

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Why Europe needs more migrants
24 August 2017
Without them the continent’s population will start to shrink
MindBullet logo WINNING THE MIGRANT LOTTERY
After running the gauntlet across North Africa and the Mediterranean, refugees face one more challenge: random chance
Dateline: 2 April 2017
Europe might have had its head in the sand, but we all know that problems do not go away on their own. Months and months of inaction in the Middle East, ...
Exponential battery power
Posted: 21 August 2017

This battery breakthrough from Ionic Materials could be the black swan that brings in a new energy paradigm. We've seen an exponentially declining cost for solar power, but the bottleneck has been costly and heavy batteries. This new battery technology uses a solid rather than liquid electrolyte, making new, denser, safer designs possible, using more efficient and cheaper materials. If a ...

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This Battery Breakthrough Could Change Everything
21 August 2017
Bill Joy, the green-tech guru who co-founded Sun Microsystems, is backing an energy storage breakthrough that could power the future.
MindBullet logo SOLAR POWER GOES VIRAL
Rooftop, backyard and portable solar is the new meme
Dateline: 15 March 2022
The biggest energy revolution in 150 years has arrived gradually, then suddenly. Now it's here. Personal solar power has displaced central utilities ...
The future death of Big Oil
Posted: 16 August 2017

This excellent analysis of how exponential technologies can flip an industry is well worth a read. The end of internal combustion engines spells the end of demand for gasoline. What isn't discussed in this article is that the sudden change will reverse the declining demand for electricity, but as we've discussed elsewhere, solar power is well positioned to take up the slack. Perhaps the best ...

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This is how Big Oil will die – NewCo Shift
16 August 2017
Self-driving cars will be electric because of cost. And the cost will be so low, oil will not survive.
MindBullet logo THE CARBON BUBBLE BURSTS
Stocks crash as executive orders bite
Dateline: 5 February 2021
US President Bernie Sanders has signed a series of Executive Orders designed as emergency measures to combat climate change. The net effect is to make ...
The infernal combustion engine's days are numbered
Posted: 11 August 2017

The Economist weighs in with an analysis of the future impact of the shift to electric cars, and says the death of the internal combustion engine will have many ramifications for industry and government in the future. As batteries become more efficient and cheaper, the advantages of electric propulsion accelerate, and cities will enjoy cleaner, healthier air.

But there are downsides, including ...

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The death of the internal combustion engine
11 August 2017
It had a good run. But the end is in sight for the machine that changed the world.
MindBullet logo ELECTRIC CARS CAN'T STEER THE CLIMATE
But they're driving the Energy Internet and saving the city
Dateline: 2 June 2030
It's official. It's now cheaper, on average, to buy a new electric car than one that burns gasoline, without subsidies. But it's not having any effect on ...
3 D Manufacturing gets real and disruptive
Posted: 9 August 2017

When a brand like Mercedes uses the technology in production then its real and disruptive.

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Mercedes begins 3D printing of metal parts | IOL Motoring
9 August 2017
Need an out-of-date or specialised aluminium part for a Mercedes-Benz van or Unimog? Now they can print it for you.
MindBullet logo MANUFACTURING? WHAT'S THAT?
China no longer center of the manufacturing universe as the paradigm shifts
Dateline: 9 June 2025
Just as BT announces that it will no longer supply or support fixed-line phones, a report issued by the United Nations confirms two major paradigm shifts ...
Fake food from solar power
Posted: 25 July 2017 1 Comment

Yes, creating edible protein from electricity just became a reality. Although this was done in the lab, it could be scaled up to produce food for livestock or say, refugees from a shipping container sized 'factory'.

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Food From Electricity project bears its first protein-rich "fruit"
25 July 2017
A Finnish research project has created a batch of protein using electricity, water, carbon dioxide and microbes, in a small portable lab. The stuff is ...
MindBullet logo FAKE FOOD FENDS OFF FAMINE
Synthetic proteins and carbohydrates essential to safely feed burgeoning world population
Dateline: 1 May 2017
Manufactured and processed food is the healthy alternative these days. It's also more economically viable, and the only way to feed a global population ...
China's nuclear future
Posted: 25 July 2017

In China, everything is done at huge scale. They've got three big reactor units coming online soon, and a bunch more under construction and planned. And more and more home-grown tech like the digital control systems are being integrated into these power units. Eventually China intends to have almost 23% of their power from nuclear and a sizeable portion from renewables. Coal is still a big ...

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Three 1000 MWe nuclear reactors are nearing completion | NextBigFuture.com
25 July 2017
Three 1000 MWe nuclear reactors are nearing completion in China
MindBullet logo THE CARBON BUBBLE BURSTS
Stocks crash as executive orders bite
Dateline: 5 February 2021
US President Bernie Sanders has signed a series of Executive Orders designed as emergency measures to combat climate change. The net effect is to make ...
Electricity demand peaks
Posted: 20 July 2017

American demand for electricity has peaked, and continues to decline on a per capita basis. Futurist Thomas Frey takes an in-depth look at this phenomenon and how it might play out in the future. While the future remains uncertain, and emerging economies are still rapidly growing their power requirements, exponential technologies will shake up the energy sector in all regions of the world.

If ...

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Peak electricity and 17 seismic forces of change that will make you want to shift careers
20 July 2017
It happened in 2007. Ten years ago the trajectory for electrical use in America peaked and started down a different course, declining for reasons we don’t ...
MindBullet logo THE CARBON BUBBLE BURSTS
Stocks crash as executive orders bite
Dateline: 5 February 2021
US President Bernie Sanders has signed a series of Executive Orders designed as emergency measures to combat climate change. The net effect is to make ...

THE CARBON BUBBLE BURSTS

Published on: 20 July 2017 3 Comments

Stocks crash as executive orders bite

Dateline: 5 February 2021

US President Bernie Sanders has signed a series of Executive Orders designed as emergency measures to combat climate change. The net effect is to make fossil fuels way too costly to produce and consume, forcing emissions lower and a massive swing to nuclear and renewable power. On top of that, the plummeting cost of solar has convinced many consumers, even those skeptical about global warming, to switch to a system of distributed power generation and consumption. These micro-grids and rooftop panels ...

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Solar leapfrogging the grid
Posted: 17 July 2017

If you want a closer look at how solar power is going viral in Africa, bringing lighting to off-grid communities in innovative ways, read this article in the New Yorker. Just like cellphones leapfrogged landlines in Africa, solar power is leapfrogging the grid. Power to the people!

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The Race to Solar-Power Africa
17 July 2017
American startups are competing to bring electricity to communities that remain off the grid.
MindBullet logo SOLAR POWER GOES VIRAL
Rooftop, backyard and portable solar is the new meme
Dateline: 15 March 2022
The biggest energy revolution in 150 years has arrived gradually, then suddenly. Now it's here. Personal solar power has displaced central utilities ...
Planting trees in the desert
Posted: 12 July 2017 1 Comment

Seven years ago, we published a MindBullet about how low-tech solutions to reforestation could alter the size of deserts. Now a Dutch engineer is putting that idea into practice.

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How to Plant a Tree in the Desert
12 July 2017
A Dutch engineer has developed a cheap and easy way to restore vegetation to barren landscapes, and a for-profit business to go with it.
MindBullet logo VISIT THE SAHARA NOW - WHILE IT'S STILL THERE
Hydroscopic fungus turns deserts into bushland and forests
Dateline: 14 March 2017
The simple application of a fungal cocktail to arid soils in Southern Africa has enabled small shrubs and trees to take root where no plants have grown for ...
Artificial photosynthesis gets Bill Gates's backing
Posted: 10 July 2017

Artificial leaves are back in the spotlight. Using sunlight to convert natural compounds like water and air into useful fuels like hydrogen or methanol would be the ultimate energy solution. I'm sure it's ultimately achievable, but I think it's a long way off from being commercialised. Investment from Bill Gates and friends will help accelerate the research.

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Artificial leaves could power tomorrow’s cars – and China may be best placed to lead the way
10 July 2017
It’s been described as one of the “holy grails” of 21st century chemistry.
MindBullet logo SCIENCE CLONES NATURE FOR 'FREE' ENERGY PLAN
Nano-machines do photosynthesis better than leaves
Dateline: 12 June 2030
What started as a bold project at Imperial College London in 2009, has now reached its first stage of commercialization in the deserts of north ...

Filtered by tag: Economics