If This Really Is A Recovery, Why Aren’t We Using More Electrical Power?

(Mark uses a “Bird’s Eye View” chart style, which shows the change from the previous high. All new high’s are at 100%, with pullbacks obviously less than 100%. It’s different, but informative. Bob)

By Mark J Lundeen – Re-Blogged From http://www.Gold-Eagle.com

Janet Yellen may not have raised interest rates this week, but Mr Bear couldn’t care less.  We can see it in the market.  In bull markets double-digit declines from an all-time high are reasons to buy.  But EARLY in bear markets, recoveries from double digit declines are reasons to sell as we’ve seen since about mid-July.  In the table below recoveries from double-digit Dow Jones declines last just a day or so before the market comes under selling pressure, again driving the Dow Jones down 10% or more from its May 2015 last all-time high.

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Weekly Climate and Energy News Roundup #193

The Week That Was: August 22, 2015 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

Administration’s Power Plan: Independent analysts continue to provide details of the Obama Administration’s politically named “Clean Power Plan” (CPP). These studies make clear that the only forms of new electrical power generation the administration considers “clean” are solar and wind. Electric power generation from fossil fuels are condemned by the administration. Hydroelectric generation is out of favor, as explained by ex-EPA official Alan Carlin. There are no plans for federally supported new dam construction in the US. In fact, the thrust has been to tear down existing dams in the name of the environment. Continue reading