Hope you all got a good tip from this-- looks like the market was down when I was in Charleston. I have alot to chew on. >
Before I left I posted a few posts about the drought- I'd like to keep that front and center.- I don't know when the weather will bleed into stocks.... but baby it's hot outside.
Keith Brackpool Is The Founder & Non-Executive Director of Cadiz Inc. (NASDAQ:CDZI) Picked Up 12% More Shares Potential Cadiz Inc.(NASDAQ:CDZI) shareholders may wish to note that the Founder & Non-Executive Director, Keith Brackpool, recently bought US$394k worth of stock, paying US$1.97 for each share. RS:Speaking of protracted processes and the long journeys to kind of the end line, and Scott, you mentioned the Cadiz Water Project that you guys have going. It's been, it's been a long process. How confident are you that that's going to be something that's going to come to fruition in the near term? SS:Well, I think we bet the farm on it, so to speak, we're pretty confident that that what we are we are accomplishing through our our water project is a prolific conservation project and. The the idea that we would continue to allow nine million gallons of water to evaporate every year from these natural dry lakes while we have a million people in California who are in need of clean, reliable water is just unfathomable. And and so we are very excited about some of the recent developments in the last four or five months. And in addition to the land where we are and the expansion of the oil field, which is which is great and suitable, versatile for both providing water for our farming products as well as exporting water to external uses. So we have continued to fully develop that. But along the way, we have quietly done something that mykids are particularly proud of. And and I am, too, because it's consistent with the ethos of operating sustainable business. And the old Jack Johnson, reduce, reuse, recycle. We had located an existing natural gas pipeline which runs two hundred and twenty miles from Kern County down through Upper Los Angeles County, crosses over into San Bernardino County and ultimately has its terminus at Cadiz. And we are in the process of repurposing that line so it doesn't transport natural gas, but it transports water. And in December of last year, we announced that the federal government had approved the underlying right of way for us to transport water through that pipeline, in addition to assigning us some other rights that were held by the owner of pipeline, Kinder Morgan (KMI). So we we think that that pipeline, married to our base project gives us a whole bunch of new opportunities. And it also introduces us into a new business, which is a standalone independent business, which will allow us to take water from willing buyers and sellers and connect them. So if you have a water short area that that needs true wet water delivered to augment what they already have, that we now have a new pipeline infrastructure that can connect somebody who has water, say, on the east side of Kern County and wants to move it into another portion, San Bernardino County. And there are probably seven disadvantaged communities along that route. I could go through the economics of how cruel it is to these communities to be short of water and what they have to pay for it when you could simply pay a similar amount and actually get water. And how these rate economics work is, it's really quite crazy and devastating to this community.
Stoney!!!! How'd your trip go? So Little Stoney is now living in Dixie. He'll need to rush a frat. You'll have a Trumpy in the family by the time he comes home for Thanksgiving.
Mon 22 Aug 2022 06.03 EDT A record-breaking drought has caused some rivers in China– including parts of the Yangtze – to dry up, affecting hydropower, halting shipping, and forcing major companies to suspend operations. A nationwide drought alert was issued on Friday as a long-running and severe heatwavein China’s heavily populated south-west was forecast to continue well into September. The loss of water flow to China’s extensive hydropower system has sparked a “grave situation” in Sichuan, which gets more than 80% of its energy from hydropower. China deploys cloud-seeding planes and cuts electricity use as record heatwave takes toll On Sunday the provincial government declared it was at the highest warning level of “particularly severe”, with water flow to Sichuan’s hydropower reservoirs dropping by half. The demand for electricity has increased by 25% this summer, local media reported. The reduction in hydropower has also reportedly affected downstream populations, including Chongqing city and Hubei province. Photograph showing the low water levels of the Yangtze River at Wuhan as a result of this year’s drought.Photograph: China Daily/Reuters Last week Sichuan suspended or limited power supply to thousands of factories and rationed public electricity usage due to the shortage. Toyota, Foxconn and Tesla are among companies reported to have temporarily suspended operations at some plants over the last fortnight. On Sunday the South China Morning Post (SCMP) reported plans to restart production this week had been postponed. Hunger stones, wrecks and bones: Europe’s drought brings past to surface Read more The Yangtze is the world’s third largest river, providing drinking water to more than 400 million Chinese people, and is the most vital waterway to China’s economy. It is also crucial to the global supply chain, but this summer it has reached record-low water levels, with entire sections and dozens of tributaries drying up.Water flow on the Yangtze’s main trunk is more than 50% below the average of the last five years. Shipping routes in the middle and lower sections have also closed, the SCMP reported. Across the affected regions of China authorities are rushing to ensure water and power supply, as the region approaches harvest season for water-intensive crops such as rice and soy. On Sunday, authorities discharged 980m cubic metres of water from reservoirs in an effort to replenish lower levels of the river, state media said. The drought has affected at least 2.46 million people and 2.2m hectares of agricultural land in Sichuan, Hebei, Hunan, Jiangxi, Anhui and Chongqing. More than 780,000 people have needed direct government support because of the drought, according to China’s ministry of emergency management. Drinking water has been trucked in to areas where residential supplies have completely dried up. High temperatures in July alone caused direct economic losses of 2.73bn yuan (£340m), affecting 5.5 million people, the emergency ministry said last week. In the city of Chongqing the water level dropped to reveal previously submerged Buddhist statues thought to be about 600 years old. Around the world major rivers are drying up as record-breaking heatwaves take a devastating toll, including the Rhine and the Loire in Europe, and the Colorado River in the US. Bernice Lee, chair of the advisory board at the Chatham House sustainability accelerator in London, said societies including China have remained “unprepared and underprepared” for high-impact, low-probability events like extreme droughts and heatwave. “Looking to the future, as the frequency of extreme weather events looks set to grow, the future could be even more bleak.” Dr Faith Chan, the head of the school of geographical sciences at the University of Nottingham in Ningbo, said China was committed to climate change adaptions and preparing for climactic extremes. “But it is very difficult to say what is the long-term effect on the economy by the extreme weather. For the short term, electricity use is heavily consumed and stressed,” Chan said. An infant tries to cool off in Hunan province.Photograph: Reuters Chinese authorities have repeatedly attributed the drought and heatwave to the climate crisis. Chen Lijuan, the chief forecaster of the country’s national climate centre, last week described the combined heatwave and drought as a “pressure cooker”. “We have to face the fact that similar heatwaves will occur frequently in the future … it will become a new normal,” Chen said. However, the immediate impact on electricity supplies has put pressure on Beijing’s climate change commitments. Last week the vice-premier Han Zheng said the government would step up support for coal-fired power production. Warnings are in place for continued high temperatures and low rain. A red heat warning – the highest level of alert – was issued for the 10th consecutive day on Sunday for large swathes of the country
Ahhh, he'll be fine Stoney. You've done a good job. As for you... well, yeah, it's gonna be hard for a bit. I won't pick on ya for a few weeks. You're the savant. Hey on the rain seeding thing, yeah they've been trying for years. Don't you remember, China shot salt pellets or something into clouds for the Olympics. Way back when. What was that song about the guy that came to town and made it rain? it was like one of those folksy 70's songs. The guy was like a snake-oil type, but at the end of the song he made it rain. Thats gonna drive me crazy now. Where's @Overnight when you actually need him...
Hey Stoney! Ya know when I post this... 3 days later QQQ topped out at exactly $334. TWLO is at $73.90 too btw.