Recession? What recession?

Thanks to the combined effects of the “trusty” relationship of Allan Greenspan with the US banks – and unaffordable oil wars – the world is now plunged into recession with the current Federal Reserve Bank Chairman talking of lessons learned from the Great Depression.

Mentioning the very words is sending shudders down the spines of the likely victims. Confidence is not exactly stimulated by constant denials of Peak Oil by the majority of oil companies, nor by past assertions from the nuclear lobbies that nuclear is experiencing a renaissance and will be too cheap to meter.
Yet in the midst of economic doom and gloom, Renewable Energies are prospering. For example, “the solar thermal market in the European U-nion and Switzerland grew by over 60% to 3.3GWth of new capacity i.e. 4.76 million square metres of collector area…the German market more than doubled from 0.7GWth to 1.5GWth” (Dr