President Obama failed to push climate change legislation in his first term, though there were a lot of expectations that some sort of carbon tax or emissions policy would be put in place. Some top senators worked on a climate change policy which actually passed the Congress. However a lack of support from the Senate […]

Greenland The ice sheet in Greenland has been melting to an increasing extent almost every year in the recent past summers giving one of the most important clues in support of global climate change. The increasing rate of glacier melts, rise in sea levels and increasing incidence of extreme weather are the other main proofs […]

Energy Efficiency Rankings In an unsurprising ranking by International Energy Efficiency Scorecard developed by ACEEE, US and Canada have bottom ranks in Energy Efficiency along with other climate change skeptics like Russia and Australia. The Europeans led by UK, Germany along with Japan get high rankings in Energy Efficiency. Note Canada has been amongst the […]

Any BRICs investor can tell you intuitivity without performing extensive spreadsheet analysis that putting money into debt has proven to be more profitable than equity over the last five years. Now an article from PIMCO runs through the numbers and shows that investing in emerging market fixed income has been much more profitable than equities. […]

Russia huge huge wind and solar energy resources with gigawatts of potential.It also has great geothermal energy resources as well however most of them are not developed at all.There is no significant support for Renewable Energy Resource as well with Green Energy capacity in low double digits (15 MW of Wind in 2006).With Putin calling Wind Turbine hazardous to birds and causing Environmental Problems,It looks like Russian Leadership will not change its Fossil Fuel Centric Policy any time soon.While Middle East Countries are dead against Climate Change efforts,they are developing Nuclear Energy and some Renewable Energy for exporting more Energy.However Russia does not even want to do that despite being a leader in Nuclear Energy.

China is using its industrial strengths to become an emerging low cost low quality Weapons Exporters.Note the Global Arms Market is dominated by USA and Russia with UK,France,Germany the other major exporters.China,India are the biggest importers of arms with most of their purchases from Russia.However the equation is set to change with China moving up the Technology Ladder to become an Arms Exporter.China has started to export fighter aircraft and missiles and is looking to export drones as well.Its major customers are countries which have difficulty in finding weapons elsewhere.Pakistan is the biggest customer with joint development of weapons with China.Note Russia has become alarmed over the developments as many of Chinese arms said to be copied from Russian Technology.