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Fracking Is the Biggest Boom Since the Housing Bubble: Will It End the Same Way?
2013-11-06 09:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Daily Ticker: Forty years after the Arab oil embargo, the U.S. has become the world's largest oil and gas producer. This is largely the result of fracking, the shortened name for hydraulic fracturing, which uses water and chemicals injected into rock at very high pressures to release the oil and gas embedded within. Recent advances in this decades-old method of drilling have produced more oil and gas in the U.S. than most thought possible. "Fracking is the biggest boom since the housing bubble...and even maybe...
Bubble Trouble Seen Brewing in Australia Home Prices: Mortgages
2013-11-06 06:19:25| Real Estate - Topix.net
Gigi Wong beat four other bidders in an auction of a three-bedroom Sydney house with peeling wallpaper, cracked doors and an overgrown backyard by paying A$856,000 , 14 percent more than the realtor expected the property to fetch.
Tags: home
prices
australia
trouble
Insight: Property hot spots renew easy-money bubble fears
2013-11-01 08:24:55| Real Estate - Topix.net
From China to Canada and London, fast-rising property markets are haunting the global economy again, five years after the U.S. subprime mortgage bubble burst and triggered the worst financial crisis since the 1930s.
Tags: hot
property
insight
spots
Al Gore: world on brink of 'carbon bubble'
2013-11-01 02:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The world is on the brink of the "largest bubble ever" in finance, because of the undisclosed value of high-carbon assets on companies' balance sheets, and investment managers who fail to take account of the risks are failing in their fiduciary duty to shareholders and investors, Al Gore and his investment partner, David Blood, have said. "Stranded carbon assets" such as coal mines, fossil fuel power stations and petrol-fuelled vehicle plants represent at least $7tn on the books of publicly listed...
Tags: world
carbon
bubble
gore
Amazon’s bubble building gets OK from design panel
2013-10-24 03:30:47| IT Services - Topix.net
A city design review board on Tuesday unanimously endorsed Amazon.com's plan for a five-story office building formed by three intersecting spheres, perhaps the most eye-catching element of its massive, three-block Denny Triangle campus.
Tags: design
building
panel
bubble
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