Just a quick update from an earlier post of mine about Terry Gou and Hon Hai Precision Industry. Saw another article in the WSJ about how the gigantic company I had never heard of is quintupling its investment in Vietnam to $5 billion. First off, WOW! That's a crazy amount of money to be throwing around. Second, Vietnam is heating up!
Read an interesting article a couple weeks back in the WSJ on how biofuels may actually increase carbon emissions in the medium to long-term. Apprently the shifts in land-use necessary to support the production of bio-materials like soybeans, corn, or palm could in fact release more carbon emissions. The time it takes to get carbon-neutral on some of these projects is pretty crazy - 319 years for soybean biodiesel from Brazil (assuming you're clearing rainforest), 93 years for corn ethanol from the U.S. (assuming you're clearing grasslands), 86 years for palm biodiesel from Indonesia (assuming you're clearing rainforest). I suppose biofuels really aren't meant to reduce carbon emissions, but just crazy that they potentially exacerbate the problem so much.
Comments