The Oil Drum | Stories tagged with "calpine"

Stories tagged with "calpine"

Ignore Depletion At Your Peril

Posted by Stuart Staniford on November 30, 2005 - 12:55am
Topic: Economics/Finance
Tags: calpine, depletion, electricity, hubbert peak, natural gas [list all tags]

News today to add to the "Business Consequences of Ignoring Depletion" file. AP reports that

Power merchant Calpine Corp. said Tuesday that it has replaced its longtime chief executive as well as its chief financial officer in an abrupt shake up that sent the company's stock price below $1 as investors fretted about a possible bankruptcy.

Search The Oil Drum with Google

Support The Oil Drum

Click the button to learn about supporting The Oil Drum with a secure donation.

Peak Oil Primers

Beware email scams!

Beware email scams claiming to be from this site. We do not have any job openings. If anyone contacts you about a job at The Oil Drum, do not reply to them, and definitely do not give them any personal information or send them money. Read more here.

“This order [i.e. capitalism] is now bound to the technical and economic conditions of machine production which today determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with the economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.”

—Max Weber, 1905