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GLG News by Iron Ore Mining Experts

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August 19, 2008
Clean Air Ruling’s Potential Affect on Utilities and IPPs Long SO2 and NOx Allowances
Analysis of: Clean Air Ruling Raises Doubts Over Investments | www.cattlenetwork.com
Author: Thomas Shewski, Owner, High Energy Services
    Court’s decision vacating the Clean Air Interstate Rule (CAIR) potentially affects utilities or IPPs long the allowances as described in the section that follows.
Jack LiftonAugust 18, 2008
Is Palladium Overpriced Even At Less Than $300/Ounce?
Analysis of: Timminco CEO Blamed For Norilsk Woes | www.financialpost.com
Author: Jack Lifton, Managing Director, Jack Lifton, LLC
If we believe the news out of Russia then there must be palladium aplenty residing in the vaults of, or under the control of, Norilsk, the world's largest palladium producer.
August 18, 2008
Regulated Utilities Benefit from Environmental Retrofit Spending on Power Plants and on Shorter Depreciation Period
Analysis of: Proposal Would Cut Oregon Coal Plant’s Haze-Causing Pollution | www.oregonlive.com
Author: Thomas Shewski, Owner, High Energy Services
    When air pollution retrofits are placed on a power plant, a regulated, investor-owned, utility financially benefits.  An unregulated, independent power producer (IPP) does not necessarily financially benefit.
August 18, 2008
CAIR Ruling Makes it Cheaper to Turn Off/Bypass Scrubbers, But Unlikely to Happen
Analysis of: Power Failure: A Court Defeat for the EPA Leaves it Up to Congress to Tackle Utilities' Air Pollution | www.washingtonpost.com
Author: Thomas Shewski, Owner, High Energy Services
    The Court’s July 11, 2008 decision vacating the Clean Air Interstate Rule (CAIR) caused the price of SO2 emissions allowances to decrease less than the cost of operating a scrubber to reduce the SO2 emissions.  The discussions that follow discuss this and the likelihood...
August 18, 2008
Coal- to Gas-Fired Generation Considerations: It is Not Just Fuel Economics
Analysis of: Gas Drop Buoys Dynegy, Mirant in Slowing U.S. Economy | www.bloomberg.com
Author: Thomas Shewski, Owner, High Energy Services
    As the article points out, natural gas-fired generation may be cheaper than coal-fired generation in certain parts of the nation.  The section below discusses some of the items that go into the decision to fuel switch from coal to natural gas.
Toby KolstadAugust 14, 2008
Production of coal cars may not significantly increase in future
Analysis of: FreightCar America: Coal Car Orders Will Pick Up Soon | seekingalpha.com
Author: Toby Kolstad, President, Rail Theory Forecasts
There is much hope that orders for new coal cars will increase in the near future, lifting production rates at Freightcar America (RAIL). Coal exports are up almost 80% from a few years ago and domestic demand should increase significantly when the 52 new coal-fired generating plants which are currently...
Jack LiftonAugust 14, 2008
Why Is GM Trying To Develop An Unproven Technology. Lithium, While Its Chief Rival Ramps Up Production Of A Proven Technology That GM Was The First To See And Rejected, Nickel Metal Hydride?
Analysis of: Hybrid race heats up for carmakers | www.ft.com
Author: Jack Lifton, Managing Director, Jack Lifton, LLC
General Motors may not actually have a plan to compete with Toyota in the hybrid market. General Motors engineering and purchasing was disastrously shortsighted in the late 1990s and early 2000s, and its product planning group remains so even now. All of GM's product planning and sourcing errors were...
Jack LiftonAugust 13, 2008
The Age of Dollar Priced Metals Is Drawing To a Close and Perspective is The Key To Objectivity
Analysis of: Metals prices dive as dollar rallies | business.timesonline.co.uk
Author: Jack Lifton, Managing Director, Jack Lifton, LLC
Is it ridiculous to assume that a marked change in the value of the US dollar in relation to the resource backed currencies of all or even some of the BRAC countries, Brazil, Russia, Australia, and Canada, will not affect the immediate dollar price of the natural resources produced in...
Jack LiftonAugust 12, 2008
Gold Has Become Just A Symbol Of Wealth Rather Than Intrinsic Wealth. The Possession Of And The Production Of Energy Is The Wealth Of Nations.
Analysis of: Stocks Gain as Oil’s Fall Continues | www.nytimes.com
Author: Jack Lifton, Managing Director, Jack Lifton, LLC
Gold has no utilitarian value whatsoever. Oil, however, is intrinsically the single most valuable commodity in the world and will remain so until the production of electric energy and the fueling of ordinary passenger and freight carrying vehicles in a nation no longer uses more oil than that nation...
Jack LiftonAugust 8, 2008
Mercedes May Cancel Hybrid SUV Plan, Because It Can't Get Nickel Metal Hydride Batteries. What Happened To Lithium?
Analysis of: Mercedes May Cancel Hybrid SUV Plan Due To Chevron Dispute | www.informationweek.com
Author: Jack Lifton, Managing Director, Jack Lifton, LLC
Mercedes is leading the green charge in European luxury cars. It is bringing its Bluetec diesel engines to the market to improve fuel efficiency and lower emissions for its premium cars. Mercedes also keeps talking about a plug-in hybrid using a 'lithium' battery that is supposed to be coming soon....

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