Salient to Investors: Europe is missing out on the natural gas boom in the US and Asia, and instead burning coal imported from America. The IEA predicts global gas consumption to rise 19 percent by 2017 from 2010 on demand surges in Asia and the US – Europe will drop 1.6 percent. In Europe,
READ MORE... →Salient to Investors: IMF growth projections have been revised downward almost everywhere, especially in Europe and the big emerging markets like China. The IMF projects the US to the strongest of the rich economies over the next four years – 3 percent versus 1.2 percent in Germany and France and 2.3 percent in Canada. The
READ MORE... →Salient to Investors: UBS said power producers will open six times more coal-burning plants than gas-fed units by 2015. Demand for emission permits will rise because coal-fired generators need twice as many credits as gas users under climate protection rules. Matthew Gray at Jefferies says the outlook for Certified Emission Reductions
READ MORE... →Salient to Investors: Over the last two decades, US recoveries have been slow and jobless, In every recession from 1948-1990, jobs came back to pre-recession levels an average six months after the economy returned to its pre-recession level. In the 1990s, jobs came back 15 months later, and since 2001, 39 months later. McKinsey
READ MORE... →Salient to Investors: Heat wave that set or tied 196 daily temperature records yesterday moves east, promising to raise energy demand. MDA EarthSat Weather expects July to be one of the five warmest since 1950 in the large cities that use the most energy. Read the full article at http://www.bloomberg.com/news/2012-06-28/u-s-weather-promises-energy-boost-as-temperatures-rise.html
READ MORE... →Salient to Investors: Peter Orszag at Citigroup said well under 0.1 percent of cars and trucks in the U.S. run on natural gas versus seventy-five percent in Armenia. More natural-gas cars and trucks could reduce greenhouse-gas emissions and other pollutants. There are fewer than 2,000 natural-gas filling stations in the
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