Monday, March 21, 2011

Number of Deaths per TWh

This is the source

These are the facts.

Energy Source Death Rate (deaths per TWh)

Coal – world average 161 (26% of world energy, 50% of electricity)
Coal – China 278
Coal – USA 15
Oil 36 (36% of world energy)
Natural Gas 4 (21% of world energy)
Biofuel/Biomass 12
Peat 12
Solar (rooftop) 0.44 (less than 0.1% of world energy)
Wind 0.15 (less than 1% of world energy)
Hydro 0.10 (europe death rate, 2.2% of world energy)
Hydro - world including Banqiao) 1.4 (about 2500 TWh/yr and 171,000 Banqiao dead)
Nuclear 0.04 (5.9% of world energy)

Tuesday, March 15, 2011

Things go up and things go down

Investing is allocating risk. Investors look for a situation in which the risk outweighs the reward. That is the only sensible basis for making decisions.

No one can predict things like this or things like this and there's no point trying. Investor simply need to allocate their capital in a way that minimises the potential exposure to those types of events.

Apologies for the long break. I'll be back, I promise.