Who Cares About Behavioral Economics?

Why do existing Mercedes owners pay $7,000 more for the same car as new buyers? The latest research shows that we aren't as rational as we think.

Casino's Popping Up Leads To Negative Impact on Economy

Casinos and other forms of gambling are popping up in almost every state. Every other day you hear of a new Indian Tribe that is looking for recognition. Once they receive their recognition, investors look to back these people up and in turn a new Casino is born.

Wylfa B, Anglesey Nuclear Build Prospects

Wylfa B on Anglesey is the exciting new nuclear build idea to replace the present nuclear power station. Following Trade Secretary, Alistair Darling's, recent announcement in Parliament on the energy white paper, nuclear new build in Britain has the green light. Already energy giants E.ON and EDF Energy have shown strong interest in Wylfa B and other nuclear build sites.

Solar Power Home Benefits

A solar power home is a house which gets is electricity power supply by harnessing sun power and using photovoltaic power systems, rather than using the conventional form of electricity.

Flexing Solar Panels

Large, bulky fixed structures are what most people think of when it comes to solar panels. These days, small flexible solar panels are readily available for powering all typos of electronics.

Hydrogen the Fuel of the Future

A glimpse into the future as we seek clean enrgy to power our cars and other devices.

Remote Energy Monitoring for Cement Plants

In the past decade, cement plants have made concerted efforts in the area of optimizing energy consumption and succeeded in bring down the specific consumption from the level of over 100 electrical units per ton to less than 80 units. For coal the figure is down from 750 kilocalories to less than 600. This has been done by some logical steps and modifications in the production process. Each unit of reduction now requires a lot more effort to achieve as compared to the previous reduction. Therefore, the need of the hour is fine tuning the system by more sophisticated means to achieve cost reduction and devising newer ways of lowering consumption.

How will Biodiesel affect our lives now and the future

The world is quickly moving into a different age of energy consumption. With tensions in the Middle East growing daily, the importance of developing new fuels is becoming ever-important. When you must rely almost completely on other countries for your energy needs, many other problems arise. You then become dependent on them.

The Direction of Oil Production

The top ten countries in worldwide oil production are Saudi Arabia, Russia, the United States, Iran, China, Mexico, Norway, Canada, Venezuela and the United Arab Emirates. Saudi Arabia produces around ten million barrels of oil each day nearly nine million of which they export. The United States produces close to eight million barrels per day, but every drop of it is needed for use at home. Not a drop is sold elsewhere.

Why Managing Our Crude Oil Supply Matters

Our modern world requires a lot of petroleum products to function. From cars to planes to massive transportation of goods and services, every day of use is a further strain on the crude oil supply available to the planet. It is imperative that we manage that supply to the best of our ability. Here are some reasons why we must pay close attention to managing this key resource.

Alternative Home Energy

Hydrogen fuel cells, biomass gases, solar collectors, solar hot water systems, heat storage vaults, photovoltaic electricity, solar panels, solar greenhouses and solar house plans will are all part of the growing trend toward homes that are powered by alternative energy sources. We as individual also face the need of becoming more energy independent from giant energy companies.

Harnessing Power from Water Energy

Water energy is a renewable energy source, and is primarily used to generate electricity in the modern era through a process called hydroelectric generation, where the flow of the water runs a turbine, which is used to drive a generator. The United States is one of the world leaders in hydroelectric power generation, getting nearly 10% of its total power from hydroelectric plants; as the price of oil increases, and volatility in the Middle East sends shocks through the energy markets, many more consumers are seeing the benefit of water energy and hydro-electric plants, even though dam construction projects are expensive, and significant environmental impacts.

Chinese Coal Companies to De-Gas Mines

China faces serious safety issues in the country's coal mines. Tunneling and other accidents reportedly kill more than 5,000 coal miners every year. About 80 percent of China's coal mining-related deaths are attributed to methane gas explosions. China's coal mines releasing methane gas are also responsible for nearly 40 percent of the country's air pollution.