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Sure you can engineer algae in a lab or create a farm full of pond scum burping up gas or leaking out oil, but you're not just going long human ingenuity, you're also going short the massive balance sheets, of the exploration and production companies.
They "used their massive balance sheets to trade derivatives and take huge risks".
Massive firms have massive balance sheets, where multimillion-dollar slip-ups can have relatively small effects on quarterly earnings.
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Given these encouraging signs, the Fed is also weighing the best time to begin paring back its massive balance sheet.
The US Federal Reserve has raised interest rates and outlined plans to reduce its massive balance sheet as policymakers signalled another rate hike this year despite a double dose of soft economic data.
Representative Paul D. Ryan of Wisconsin, the new chairman of the House Budget Committee and a vocal skeptic of the Fed's bond-buying effort, told Mr. Bernanke: "My concern is that the costs of the Fed's current monetary policy — the money creation and massive balance sheet expansion — will come to outweigh the perceived short-term benefits".
Mizuho Japan's massive balance sheet is key to Koudounis' growth plans.
By this measure, the Fed's massive balance sheet expansion has been a failure.
It is easy to understand why the Fed wants more tools to help it manage its massive balance sheet.
Investors around the globe are watching The Federal Reserve to see how it will unwind its massive balance sheet.
We need a skilled central banker willing to make the tough decisions that will be necessary as the Fed unwinds its massive balance sheet.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com