Germany car production. Link here --
iPhone pricing: holding the line:
- forthcoming iPhone base model: $799
- same price as last year's iPhone 13: $799
- second year running that the price of Apple's base flagship 6.1-inch iPhone model has remained the same.
- the base iPhone 12 launched in 2020 with the same $799 price tag
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Back to the Bakken
Far Side: link here.
WTI: $91.54.
Natural gas: $8.397.
Active rigs: 46
Friday, August 5, 2022: 4 for the month, 35 for the quarter, 374 for the year
- 37008, conf, CLR, LCU Reckitt Federal 4-22H,
Thursday, August 4, 2022: 3 for the month, 34 for the quarter, 373 for the year
- 38170, conf, CLR, LCU Foster Federal 7-28H,
RBN Energy: Can the carbon-capture industry grow as quickly as it needs to? Part 10.
It’s one thing if you’re 25 or 30 years old and your 401(k) is just getting started — you’ve got time to build it up, so don’t sweat it — but it’s quite another if you’re 60 or 65 and you’ve still got to sock away a lot of money before calling it quits. It could be argued that the environmental community is facing a quandary very similar to that of an aging boomer short on retirement savings.
The fact is that the International Energy Agency’s (IEA’s) target of achieving net-zero man-made carbon emissions globally by 2050 in order to blunt the human impact on climate change will require massive new investment and a complete and well-coordinated transformation of the world’s energy complex. In the near-term, progress along that path must include an extraordinarily rapid ramp-up in the use of carbon capture and sequestration (CCS). And like an aging worker whose late discipline may be thwarted by an unforeseen health challenge, as we’ve seen with the recent energy crisis, there’s a lot that could derail progress toward those goals. Is the IEA's goal achievable? Maybe. But, as we discuss in today’s RBN blog, it won’t be easy.
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