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Saturday, 05/18/2013 7:17:44 PM

Saturday, May 18, 2013 7:17:44 PM

Post# of 76901
I have an MVTG update. It is time to buy the dip on this one!!!! Pull up a 3 year chart, read the news history:

Some here may remember the MVTG 16 month bull rally, but recently she pulled way back on low volume and lack of block buster news, but a year full of expected blockbuster news still lies ahead of us!!! This is a bounce play alert as well as a company with 2 real issued, enforceable patents for game changer technology! With a way undervalued market cap!!!

MVTG's primary technology is all about turning a large volume major problematic waste into a value added product. CO2, carbon dioxide emissions are causing widespread devastation worldwide, and MVTG has figured out and patented (patent is no longer pending, it is issued and thus now a fully protect and a valuable asset), a simple electrochemical reactor cell that converts CO2 into formic acid that currently sells for $1500/ton. The first ERC pilot plant is being built this year at a huge cement plant owned by JV partner LaFarge (Google them smile ). The technology was invented by a UBC University Professor of Chemcial Engineering, Prof. Colin Oloman (Google him), who is a guiding the scientific advances at MVTG, and heads the scientific advisory board.

Here is recent news on the need for this technology!

http://grist.org/news/climate-related-disasters-cost-american-taxpayers-96-billion-last-year/


Climate-related disasters cost American taxpayers $96 billion last year

By John Upton
Superstorm Sandy's aftermath.Shutterstock / Glynnis JonesSuperstorm Sandy’s aftermath.

Schools and roads are nice to have. But what American taxpayers are really dropping serious money on, through no direct choice of their own, is cleaning up and helping out after all those climate-related disasters.

A new analysis by the Natural Resources Defense Council shows that the federal government dished out $96 billion last year on what the NRDC calls “federal climate disruption costs.” That works out to $1,100 per taxpayer, or one-sixth of the government’s non-defense related spending. It’s more than the feds spent last year on education or on transportation.

The unwelcome spending spree came during the second most expensive year on record for such disasters. Superstorm Sandy hit last year, as did the drought-induced failures of federally insured crops. Floods and forest fires also racked up sizable bills.

That’s what insurance is for, you say? From an NRDC blog:

Overall the insurance industry estimates that 2012 was the second costliest year in U.S. history for climate-related disasters, with over $139 billion in damages. But private insurers themselves only covered about 25% of these costs ($33 billion), leaving the federal government and its public insurance enterprises to pay for the majority of the remaining claims. As a result, the U.S. government paid more than three times as much as private insurers did for climate-related disasters in 2012.

Here’s a graph from the new report that illustrates the alarming annual disaster outlay:



The old saying about “an ounce of prevention” comes to mind, but Americans are apparently not heeding it. Again, from the blog:

Federal spending to deal with extreme weather made worse by climate change far exceeded total spending aimed at solving the problem. In fact, it was eight times EPA’s total budget and eight times total spending on energy.

Perhaps we’d be wise to tuck a few dollars away for an extremely rainy, or really, really dry day.


Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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