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Showing posts from June, 2018

Trump is Losing Money and Support by Continuing to Deny Climate Change

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There is no doubt that smart climate change policies will make a huge impact on both a nation and the world. But, did you know that a smart climate policy in the US could save the country tens of trillions of dollars? A recent internal memo in the White House showed the President’s dismal stance on climate change. Faced with strong evidence indicating both the existence and level of damage caused by climate change, the memo suggested three options for dealing with these reports. The first was to debate the findings, the second to cast doubt on the conclusions and the third was simply to ignore the findings altogether. Nowhere in the memo is there an option of accepting the reports and acting upon the findings. Yet, more and more evidence is being pushed out into the public sphere showing how global warming is going to cost more than just the environment. A paper published in Nature showed that if the global warming limit was capped at 1.5 degrees Celsius above pre-industria...

Petrobras Strikes Drive Pedro Parente, CEO, to Resign, and Cause Shares to Plummet

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Pedro Parente, CEO of Petrobras, the state-controlled Brazilian oil producer, resigned on June 1 st . His announcement came after trucker strikes across the country compelled the government to drop the price of diesel. The strike was due to last three days and was headed by unions who made their demands clear. They wanted Pedro Parente to step down and they wanted the policy allowing the market to set the price of fuel to end. The company, whose full name is Petroleo Brasileiro, saw its shares plunge over 20% by midday, following news of Parente’s resignation. Shares in Sao Paulo were even suspended in the wake of the announcement. In a response to the news, Petrobras’ board said it will choose and interim CEO immediately and that all of the remaining executives will retain their positions. Yet, despite the strikes and criticisms, Parente left the company with his head held high. He wrote in his resignation letter that he had “delivered what he promised” when he originally ...

Hopes for Swansea Tidal Power Lagoon to Be Dashed Next Week

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Renewable energy is a hot topic at the moment and is taking up a lot of time in governmental debate halls around the world. Next week, the UK government plans to reject a tidal power lagoon project in Swansea Bay that would total £1.3 billion in construction costs. The proposal for the tidal plant came from Tidal Lagoon Power. The project already had provisional backing from various financial institutions, led by Prudential, of £200 million. It would consist of a horse shoe shaped wall, lining the sea and kitted with underwater turbines. These turbines would generate energy from tidal movements. It was hoped by the company that this project would be the first of many around the country. It was also thought that the technology underpinning the project would be exported overseas. It seemed to be a good alternative to fossil fuels. However, it has all been a short-lived dream due to the level of subsidy Tidal Lagoon Power has demanded from the British taxpayer. This cos...

Smart Buildings Are the Solution for Cutting Costs and Boosting Business

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We live in an age where more and more people are migrating to live and work in cities and this means that buildings in cities are under pressure to operate as efficiently as possible. Smart buildings that wholly embrace the Internet of Things (IoT) look like the way forward in order to achieve this goal. The Internet of Things can have huge implications in both the construction process of the building and the operation of the building once it is complete. It can save energy, re-engage workforces, boost investment and improve sustainability. But, how does it all work and how can we use it in our buildings? Formerly, the most important thing for a business headquarters was location. Nowadays, this priority is competing with operational efficiency for the top spot. Investors, government and the urban population all want to see buildings comply with environment regulations as well as going above and beyond to be efficient. It is clear that smart buildings are the way forward. ...