Category Archives: Business

Space Journalism

Why oh why do reporters imagine that cosmologists know anything about spacecraft?

Dr Xing Li, an Aberystwyth University expert on astrophysics and cosmology, said as a scientist it would be “beautiful” to be one of SpaceShipTwo’s privileged passengers.

But SpaceShipTwo travels at a super-sonic 2,500mph – more than four times faster than a passenger jet – and Dr Li believes it’s difficult to imagine anything that goes at that speed becoming affordable.

He said: “Now we don’t have supersonic flights because of the cost issue. At the moment I don’t see that it will be possible even in 30 or 40 years. It will only happen if we have some technological advance that would bring down the cost.”

Ask a frickin’ engineer, not a scientist.

Green Energy In Germany

…is turning out to be brown:

German businesses are considering jumping ship for cheaper energy prices in the developing world or (gasp!) the United States. For households, these subsidies have acted like a particularly regressive tax. The poor [more] feel the bite of higher electricity bills than do the rich. Germany’s new energy and economy minister Sigmar Gabriel is expected to announce a plan to cut renewable energy subsidies later this week in an effort to keep electricity prices down. That will be a step in the right direction, but significant damage has already been done.

And all in the name of junk science and pseudo-religion.

More on the EU’s turnaround at Der Spiegel.