Commuting to Work: Car, Train or Bus?

By Andy May – Re-Blogged From WUWT

The United States Department of Transportation tells us in their online report “Public Transportation’s Role in responding to Climate Change” that we should use public transportation to reduce our greenhouse emissions. This claim is also made in Time’sGlobal Warming Survival Guide.” Even the CDC (Centers for Disease Control and Prevention) recommended public transportation, in 2017, as “one of the best ways to reduce greenhouse emissions.” Public transportation does reduce congestion during peak traffic hours, but data from the National Transit Database suggests that cars are cheaper and use less fuel per passenger-mile traveled, so this claim is suspicious. Let’s examine it.

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Chinese Invade Oil Realm

By Jim Willie – Re-Blogged From http://www.Gold-Eagle.com

China is working a strategy with the Saudis. Since the last months of 2017, the Jackass has been firm that the ARAMCO deal for IPO stock introduction might never occur. And if it did, then Hong Kong might be the only location for the IPO launch. It seems that disclosure and transparency is non-existent to this Arab kingdom. Now the stock listing might be in Riyadh and nowhere else. Imagine the risk to brokerage houses if the truth comes out, that the Saudi oil reserves are only 20% to 40% of the disclosed amount, a grand lie and deep fraud. Such will not stop China from investing privately in ARAMCO, since it would serve two purposes. It would enable huge diverse participation in the Saudi Economy, which contains a second treasure trove of minerals. It would enable the Chinese to purchase Saudi oil in RMB terms for payment. In the last month, the Russians confirmed an equally sized investment stake in ARAMCO. If the Chinese sit on the ARAMCO board of directors, they will surely convince the Saudis to alter the payment method in approval. It could be a primary part of the deal.

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