November 3, 2015
CNBC: Jay Leno on turning sea water to fuel
Roughly 71 percent of the Earth's surface is covered by water, with the oceans holding the majority of it. So it would be incredibly useful if scientists could somehow convert all that sea water into fuel.
Yes, it would be incredibly useful. In fact, it would be even more incredibly useful if scientists could somehow convert *all* the world's remaining forests into giant matches. Just think of the possibilities if scientists could someday do both!
Well, by using the current process, it takes more energy to extract the fuel than you actually get out of it.
Bah! It shouldn't stop us from converting all the world's sea water into fuel though. We just need to find more fuel!
Forehead. Desk. Whack. Whack. Whack.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
2 hours ago