And religious nuts too.
@As an agency of The Canadian Council of Churches, Project Ploughshares provides expertise and analysis to the council and its members on peace and security issues and assists them in shaping an ecumenical response to those issues.
is just a 'green dream'.
@OTTAWA — An electrical plant on the Saskatchewan prairie was the great hope for industries that burn coal. In the first large-scale project of its kind, the plant was equipped with a technology that promised to pluck carbon out of the utility’s exhaust and bury it underground, transforming coal into a cleaner power source. In the months after opening, the utility and the provincial government declared the project an unqualified success. But the $1.1 billion project is now looking like a green dream. Known as SaskPower’s Boundary Dam 3, the project has been plagued by multiple shutdowns, has fallen way short of its emissions targets, and faces an unresolved problem with its core technology. The costs, too, have soared, requiring tens of millions of dollars in new equipment and repairs. “At the outset, its economics were dubious,” said Cathy Sproule, a member of Saskatchewan’s legislature who released confidential internal documents about the project. “Now they’re a disaster.”
FYI: for those not obsessed by stadium naming, the commission will rule on FE's and AEP's PPA applications today.
@The wait is almost over. Ohio energy regulators have set a date for a decision on two controversial proposals to guarantee income on some Ohio coal-fired power plants. American Electric Power Company Inc. introduced its power purchase agreement plan in late 2014. FirstEnergy Corp. has a similar plan. On late Tuesday afternoon, the Public Utilities Commission of Ohio said it will issue its ruling Thursday. The agency didn’t include the cases on its original agenda last week, but it can add items after its agenda is published. Commission meetings are typically held Wednesdays, but the PUCO moved this week's to Thursday.
The pullback in SHPG share price is in-line with the sector. High CEO pay is not limited to SHPG. Even with the huge increase, his compensation is comparable to that of other CEO's. I don't think any CEO deserves such a high payout, but Omskov has positioned the company nicely for growth in upcoming years and I am happy with that.
@Before the increase, his pay had lagged behind peers such as Baxalta’s Ludwig Hantson, who received $18.6 million for 2015. Ornskov’s compensation is now almost double that of Pascal Soriot, who runs British drugmaker AstraZeneca Plc, a company twice Shire’s market value. Some biotech companies of similar size pay much more, such as Vertex Pharmaceuticals Inc., whose CEO earned $36.6 million, and Regeneron Pharmaceuticals Inc., whose CEO compensation was almost $42 million, according to data compiled by Bloomberg. Under Ornskov’s leadership, Shire has roughly doubled in market value to about $33.5 billion.
Good news - the FE and AEP proposals have been approved.
@Ohio energy regulators have approved proposals by AEP and FirstEnergy to guarantee income for certain power plants, accepting their arguments that the seven coal plants and one nuclear plant should be subsidized by ratepayers because the benefits outweigh the potential costs. The decision means ratepayers will be on the hook for any costs related to keeping the plants open, although regulators said they modified the proposals to stabilize rates and limit the impact on customers. The PUCO’s ruling is an important one, but it doesn’t mark the end of the fight. The losing side has 30 days to appeal the decision, but a reversal is unlikely. Then the case can go to the Ohio Supreme Court. Opponents have talked about starting some sort of state legislation, too, although it’s unclear if they have the pull to get something like that done against the politically connected utilities. They've already asked the Federal Energy Regulatory Commission to look into the plans.
The fact MSFT has just pulled a WP7-type stunt on roughly half their installed mobile phone base at this juncture of their OS-development strategy is shocking. If there ever was a time to double down on mobile this is it. Instead, they just throw any possible chance of success of the unified approach out the window to its death. Unbelievable.
After what has transpired with the HOT buyout, TEX management has the fiduciary duty to maximize shareholder value and accept the extremely generous Zoomlion offer promptly. Otherwise, I'd expect a class-action lawsuit to follow.
@Chinese insurance giant Anbang is walking away from its $14 billion bid for Starwood Hotels and Resorts Worldwide. Anbang was leading a group of bidders, including the private equity firms J.C. Flowers and Primavera Capital Limited, which said in a statement it would not proceed further "due to various market considerations." Starwood shares were down more than 4% following the news. The company, which owns brands including Westin, St. Regis, and Four Points, last year agreed to be bought by Marriott International.
Anbang, which bought the Waldorf-Astoria last year, has made multiple attempts to bust up the Starwood-Marriott deal in recent weeks.
'Foldable' is a meaningless buzzword as far as I'm concerned. Bendable and rollable is perhaps feasible, but how exactly will a true foldable screen survive mechanically and electrically in everyday use?
I agree though, interior lighting is a huge potential market, whether in buildings or transportation. Konica-Minolta was working on roll-2-roll technology but has struggled. I suspect that lighting will explode when manufacturers figure out how to do it via inkjet coating on plastic substrate.
While manufacturing an oled display uses much of the toolset also employed in an LCD display fab, a HUGE amount of R&D effort is required to develop and integrate the relevant oled process steps. THAT's what prevents Foxconn from producing oled displays any time soon. I agree though, that Foxconn gained valuable IP in IGZO which can be applied to oled as well as lcd.
You obviously don't get it.
There's display flat panel manufacturing fabs that run glass substrates through a sequence of process steps, and there's display assembly plants that integrate those panels with various control and interface electronics boards into cases to build a TV or phone.
LG and Samsung are vertically integrated and have the ability to do both the front-end fab (panel) and back-end assembly (display unit). Foxconn only does back-end work, until now with the acquisition of Sharp's panel fabs and technology. The equivalent in the semiconductor world is a wafer fab like Intel or TSMC versus an assembly house like Asus or HP. And just like a wafer fab, a flat panel fab has high R&D costs to develop the processes to transform that substrate into a CPU or panel, respectively.
Even though the process equipment used to produce oled panels is largely similarl to that employed for lcd panels, the process recipes that run on the tool set and the sequence of process steps (process flow) are in many ways different. That is certainly the case for layers (injection, transport, and emitter layers) specific to an oled panel. The development of new processes, process optimization, and integration of the various steps is VERY R&D and capital intensive.
It is a far greater technological challenge to manufacture a CPU or flat panel than a motherboard/computer or TV/phone That;'s why there are only a handful of companies that operate wafer fabs and panel fabs.
Just how long do you think it should reasonably take to optimize the assets and structure of a newly merged company with 100K employees and a dozen or so major product lines? A week or two? Sheesh.