Source: Wolf Street, by Wolf Richter European banking crisis jumps to the next level. European bank stocks just experienced their worst two-day plunge ever in the post-Brexit fallout that rained down on the already blooming European banking crisis. Healthy big banks would get over Brexit and the political turmoil it is spawning, particularly non-UK banks. […]
There are several scenarios out there for a renewable future in which no significant grid storage is needed. These are important to keep in mind, and in part, they have been modeled with the idea that energy storage would remain too expensive in the medium term to keep up with the necessary expansion of wind and solar energy.
But, just as photovoltaic solar prices plunged in the past half decade, surprising just about everyone and changing the landscape, now it looks as though storage prices will be following a similar path, with, maybe, just as industry-shaking consequences.
Solar veterans will recall a time not so long ago when the industry’s biggest dream was a PV module with a cost of 99 cents per watt. Obviously, the solar industry has long left that figure in the dust — module costs of 40 cents per wattare a reality…
“We live in a completely corrupted world where every government is just a bunch of businessmen working for a bunch of bigger businessmen and none of them give a shit about the people. The sad fact is no one knows how to change it, because no one knows how to take on the corporations. So I guess we’re stuck with this system until the oil runs out.”
CONSORTIUM NEWS – If the human species extinguishes itself in a flash of thermonuclear craziness and the surviving cockroaches later develop the intellect to assess why humans committed this mass suicide, the cockroach historians may conclude that it was our failure to hold the neoconservatives accountable in the first two decades of the Twenty-first Century that led to our demise.
After the disastrous U.S.-led invasion of Iraq – an aggressive war justified under false premises – there rightly should have been a mass purging of the people responsible for the death, destruction and lies. Instead the culprits were largely left in place, indeed they were allowed to consolidate their control of the major Western news media and the foreign-policy establishments of the United States and its key allies.
PRESS TV – Member nations of the North Atlantic Treaty Organization (NATO), including forces from the US, have launched a large-scale military exercise in westerns Ukraine. The war games, dubbed Rapid Trident, kicked off at 9:00 am local time on Monday at the International Peacekeeping and Security Center (IPSC) in Yavoriv in western Ukraine, Ukraine’s Defense Ministry said.
DEFENSE ONE – When Lt. Gen. H.R. McMaster briefs, it’s like Gen. Patton giving a TED talk — a domineering physical presence with bristling intellectual intensity. These days, the charismatic director of the Army’s Capabilities Integration Center is knee-deep in a project called The Russia New Generation Warfarestudy, an analysis of how Russia is re-inventing land warfare in the mud of Eastern Ukraine.
Speaking recently at the Center for Strategic and International Studies in Washington, D.C., McMaster said that the two-year-old conflict had revealed that the Russians have superior artillery firepower, better combat vehicles, and have learned sophisticated use of UAVs for tactical effect. Should U.S. forces find themselves in a land war with Russia, he said, they would be in for a rude, cold awakening.
More than 450 units of blood collected during “Don’t Shed Blood, Donate Blood” drives
IPPNW’s affiliate Indian Doctors for Peace and Development (IDPD) has launched a year-long series of creative activities in cooperation with student and state chapters under the banner of “Health through Peace.” They are engaging medical students, colleagues and communities in innovative initiatives to prevent violence and promote peace and sustainability.
“The jet stream in the Northern Hemisphere has crossed the equator and joined up with the jet stream in the Southern Hemisphere. This is new behaviour, and indicates that climate system mayhem is ongoing. Our climate system behavior continues to behave in new and scary ways that we have never anticipated, or seen before.”
Juno spacecraft demonstrates viability of solar power in deep space, Enformable, Karl Grossman27 Jun 2016 What NASA insisted for decades could not bea spacecraft using solar energy rather than nuclear power going beyond the orbit of Marswill be proven false next Monday, July 4th, Independence Day, when the solar-energized Juno space probe arrives at Jupiter.NASA had maintained that to provide on-board power and heat on spacecraft in deep space, plutonium-powered systems were requireddespite the disaster if there were an accident on launch or in a fall back to Earth and the plutonium was released. I broke the story 30 years ago about how the next mission of NASA’s ill-fated Challenger shuttle was to involve lofting a plutonium-powered space probe and I have been reporting in articles, books and on television on the nuclear-in-space issue ever since.
If the Challenger accident did not happen in January 1986 but the…