Pacific Tribune
Gathering Art and Lifestyle News about Issues for the Pacific Basin
A lesson and strategy from Europe on Financing windfarms
Tuesday, December 23rd, 2008
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This is an excellent article by an actual banker himself that is active in finance.
Daily Kos: How to keep on financing wind farms when banks have no money left.
Banks are engaged in a massive deleveraging exercise right now. One part of that has been much described and commented upon: the elimination of bad assets, either by taking the losses or by dumping them on the tax payer. The other part of the process is much more devious, as it means choking off new activity, even when sound, to avoid any new build up of assets. Debts that mature and are paid help shrink the balance sheet; giving new loans goes against that process and is thus avoided as much as possible by banks right now.
New lending activity is therefore much more scrutinized from a risk perspective, sees its conditions made much less favorable than they used to be, and is especially frowned upon for long term commitments, as long term liquidity is scarce and expensive.
$21 billion Alaska energy plan proposed
Thursday, July 10th, 2008
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$21 billion Alaska energy plan proposed: Legislature | adn.com
The bill, which has not yet been introduced and is labeled “work draft,” has language saying the intent is for lawmakers to contribute $20.75 billion to a renewable and alternative energy grant fund over the next five years.
Nicaragua has a “agro” revolution going on!
Tuesday, June 24th, 2008
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MANAGUA, Nicaragua – Carlos Corea sits in his tiny, windowless office donning a bright pink Sandinista cap and talking in rapid “Spanglish” about how an agricultural revolution is taking place in Nicaragua’s countryside.
Nicaragua News
Sunday, June 8th, 2008
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RIO BLANCO, Matagalpa – Controversial plans to build a $200 million Iranian-financed hydroelectric dam in Nicaragua’s northern highlands have fueled U.S. concerns over the Islamic country’s push into Nicaragua and staunch opposition from local ranchers who say the project would flood them off their productive lands.
basin vow to block plans for the Iranian-funded hydroelectric dam, which they say would devastate one of the region’s most productive agricultural communities.
Saipan Tribune
Friday, June 6th, 2008
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Saipan Tribune
The long delayed plan to set up volcano monitoring stations and the proposed geothermal power plant in the Northern Marianas are on the agenda for the visit by Department of the Interior officials next week.
Fewer Storms Forecast For Central Pacific
Tuesday, May 20th, 2008
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Pacific Magazine: Fewer Storms Forecast For Central Pacific
Weather forecasters are expecting fewer hurricanes in the Central Pacific during the upcoming storm season, the Honolulu Star-Bulletin reports.
Experts predicted three to four systems in the Central Pacific during this year’s hurricane season, which runs from June 1 to Nov. 30, slightly lower than the four to five tropical cyclones considered normal, the newspaper reports.
Cyclone kills at least 351 in Myanmar
Sunday, May 4th, 2008
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Cyclone kills at least 351 in Myanmar | HonoluluAdvertiser.com | The Honolulu Advertiser
YANGON, Myanmar — A powerful cyclone killed more than 350 people, destroyed thousands of homes and knocked out power in the country’s largest city, state-run media said today
Pravda.Ru sees dollar signs in the water!
Friday, April 18th, 2008
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Russia can make billions selling fresh water - Pravda.Ru
During the IX party convention he stated: “Russia is going to enter new markets. Taking into consideration Russia’s water storage, it is indispensable to develop the export of drinking water, since in five years or so water will be another strategic product for the nation,” Interfax reports.
Bush vision on climate change under fire at Paris meeting
Thursday, April 17th, 2008
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Bush vision on climate change under fire at Paris meeting
U.S. President George W. Bush’s new blueprint for tackling global warming came under attack on Thursday from other carbon emitters, with some branding his scheme a step backwards in the battle against climate change.
China’s greenhouse gas emissions soaring, report says
Wednesday, April 16th, 2008
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This is portentous. Food security. Health Security.
China’s greenhouse gas emissions soaring, report says
PARIS - China’s greenhouse gas emissions have been grossly underestimated, according to a new study released on the eve of a U.S.-led conference here this week involving major emitters seeking ways to deal with climate change.The University of California study, citing previously unavailable evidence, said China probably passed the U.S. to become the world’s top emitter in 2006.
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