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Funding evaporates for Nicaragua's $50 billion ocean-to-ocean canal![]() Managua (AFP) Feb 22, 2018 Nicaragua's ambitious dream of building a canal to rival Panama's famous waterway looks in peril as doubts pile up over whether its Chinese investor can cough up the $50 billion needed, analysts say. The project "has remained completely unfinanced because it doesn't meet reliability requirements," said Eliseo Nunez, a former opposition lawmaker who is now a university professor. The Chinese billionaire who came forward to bankroll the project is Wang Jing, through his HKND (HK Nicaragua Canal De ... read more |
Austria sues over EU approval of Hungary nuclear plantVienna (AFP) Feb 22, 2018 Staunchly anti-nuclear Austria lodged a legal complaint with the European Court of Justice on Thursday against the EU's approval of the expansion of a nuclear plant in neighbouring Hungary. ... more
Though EV demand is growing, range anxiety remains a concernWashington (UPI) Feb 21, 2018 After a forecast for gains in deployment, feedback from a forum by a state public service commission found range anxiety for electric vehicles was a concern. ... more
UA researchers observe electrons zipping around in crystalsTucson AZ (SPX) Feb 15, 2018 The end of the silicon age has begun. As computer chips approach the physical limits of miniaturization and power-hungry processors drive up energy costs, scientists are looking to a new crop of exo ... more
New UC Riverside research advances spintronics technologyRiverside CA (SPX) Feb 15, 2018 Engineers at the University of California, Riverside, have reported advances in so-called "spintronic" devices that will help lead to a new technology for computing and data storage. They have devel ... more |
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Snapchat parent's stock plummets after Kylie Jenner tweetWashington (AFP) Feb 23, 2018 Snapchat's parent company lost some $1.3 billion in market value on Thursday after reality star Kylie Jenner's tweeted that she was no longer using the messaging service. ... more
Broadcom lowers offer for Qualcomm as takeover saga continuesWashington (AFP) Feb 22, 2018 Singapore-based Broadcom said Wednesday it was cutting its offer price for mobile chip maker Qualcomm in the wake of the US firm's increased bid for Dutch rival NXP. ... more
Airbnb expands offerings with new upscale categoriesSan Francisco (AFP) Feb 22, 2018 Home-share titan Airbnb on Thursday took aim at more upscale travelers with new categories including premium lodging and properties for "trips of a lifetime." ... more
Macau sees future in Portuguese pastHong Kong (AFP) Feb 20, 2018 Sitting in his university office in Macau, professor Lei Heong Iok opens what he calls his "treasure" - a dog-eared Portuguese dictionary, its velvet cover worn and frayed. ... more
U.S. says planned sales of strategic oil reserves can't hurtWashington (UPI) Feb 22, 2018 Even with planned sales from its strategic reserves, the United States can still meet its obligations to cover an import shortage, the government said. ... more |
![]() OPEC balancing act depends on over-performance
Oil and gas services company TechnipFMC wounded, but optimisticWashington (UPI) Feb 22, 2018 Oil and gas services company TechnipFMC faced lingering markets pressures in the fourth quarter as revenues fell, but expressed optimism about the year ahead. ... more |
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Oil prices move higher after Libyan oil field evacuatedWashington (UPI) Feb 22, 2018 A mixed report on total U.S. petroleum inventories and word of labor-related issues in OPEC-member Libya helped lift oil prices early Thursday. ... more
Japan confirms oil from wrecked tanker hitting its beachesTokyo (AFP) Feb 23, 2018 Oil that has washed ashore on several southern Japanese islands is likely from an Iranian tanker that sank in the East China Sea last month, Japan's coastguard said Friday. ... more
Iran warns on nuke deal if banks cannot do businessLondon (AFP) Feb 22, 2018 Iran's top nuclear negotiator for its 2015 deal with international powers warned on Thursday that the agreement was under threat unless foreign businesses and banks were able to trade freely in the country. ... more
Chemical cluster could transform energy storage for large electrical gridsBuffalo NY (SPX) Feb 15, 2018 To power entire communities with clean energy, such as solar and wind power, a reliable backup storage system is needed to provide energy when the wind isn't blowing and the sun isn't out. One possi ... more
New tech for commercial Lithium-ion batteries finds they can be charged 5 times fastWarwick UK (SPX) Feb 20, 2018 Researchers at WMG at the University of Warwick have developed a new direct, precise test of Lithium-ion batteries' internal temperatures and their electrodes potentials and found that the batteries ... more |
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Coal phase-out: Announcing CO2-pricing triggers divestment Potsdam, Germany (SPX) Feb 12, 2018
Putting the Paris climate agreement into practice will trigger opposed reactions by investors on the one hand and fossil fuel owners on the other hand. It has been feared that the anticipation of strong CO2 reduction policies might - a 'green paradox' - drive up these emissions: before the regulations kick in, fossil fuel owners might accelerate their resource extraction to maximize profits.
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New method for waking up devices Stanford CA (SPX) Feb 20, 2018
As smartphone users know all too well, a sleeping device can still suck the life out of a battery. One solution for extending the battery life of wireless devices under development by researchers at Stanford University is to add a wake-up receiver that can turn on a shut-off device at a moment's notice.
Angad Rekhi, a graduate student in the Arbabian lab at Stanford, and Amin Arbabian, ass ... more |
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World's first floating wind farm put to the test Washington (UPI) Feb 15, 2018
Put to the test with high winds and strong seas, Norway's Statoil said a floating wind farm in Scottish waters shows promise for deepwater installations.
During its first three months in service, the company's Hywind Scotland floating wind farm, the first of its kind, was put to the test and performed better than expected. Hurricane Ophelia in October pummeled the wind farm with 80 mile ... more |
EU nations should seize chance to boost renewable energy: study Brussels (AFP) Feb 20, 2018 EU member states should take advantage of falling costs for renewable energy to invest more in the sector and make it account for a third of total energy output by 2030, an new report said Tuesday.
The International Renewable Energy Agency (IRENA) study said the European Union could make renewables account for 34 percent of total production by 2030, up from the current target of 27 percent a ... more |
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Researchers run first tests of unique system for welding highly irradiated metal alloys Oak Ridge TN (SPX) Feb 20, 2018
Scientists of the Department of Energy's Light Water Reactor Sustainability Program (LWRS) and partners from the Electric Power Research Institute (EPRI) have conducted the first weld tests to repair highly irradiated materials at DOE's Oak Ridge National Laboratory.
The welding system, designed and installed in a hot cell at ORNL's Radiochemical Engineering Development Center, safely encl ... more |
Fungal enzymes could hold secret to making renewable energy from wood York UK (SPX) Feb 20, 2018
An international team of researchers, including scientists from the University of York, has discovered a set of enzymes found in fungi that are capable of breaking down one of the main components of wood. The enzymes could now potentially be used to sustainably convert wood biomass into valuable chemical commodities such as biofuels.
As an alternative to coal and oil, wood is increasingly ... more |
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Rig company Transocean sees hope in crude oil price recovery Washington (UPI) Feb 21, 2018
Rig company Transocean said it was upbeat about the recovery in crude oil prices so far this year, but acknowledged operating in challenging market conditions.
Lower crude oil prices meant exploration and production budgets declined during the trough of the downturn in recent years. A policy from the Organization of Petroleum Exporting Countries, now in its second year, to balance an ov ... more |
Even without the clean power plan, US can achieve Paris Agreement emissions reductions Pittsburgh PA (SPX) Feb 19, 2018
Carnegie Mellon University researchers have calculated that the U.S. can meet - or even beat - the near-term carbon dioxide emission reductions required by the United Nations Paris Agreement, despite the Trump Administration's withdrawal of the Clean Power Plan (CPP).
Published in an Environmental Science and Technology viewpoint, the CMU team used data from U.S. Energy Information Adminis ... more |
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Michigan utility company to go zero coal Washington (UPI) Feb 20, 2018
Coal will no longer be used as an energy source for Michigan residents as more renewables come on stream in the decades ahead, a utility company said.
Public utility company Consumers Energy, which provides gas and electricity to about 60 percent of the state population, said it would no longer be using coal as a power source by 2040. By then, the company said it expects more than 40 pe ... more |
Long March rockets on ambitious mission in 2018 Xichang, China (XNA) Feb 15, 2018
The Long March-3B rocket launched Monday from the Xichang Satellite Launch Center in southwest China's Sichuan Province marked the seventh successful mission of the Long March rocket series since the beginning of 2018.
The year 2018 will be an ambitious year for China's space program, with the largest number of Long March rocket launches.
According to Cen Zheng, rocket system command ... more |
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Canada to accept bid from Boeing for new fighter jets Ottawa (AFP) Feb 23, 2018 Canada said Thursday it was allowing Boeing to submit a bid to replace the country's aging F-18 fleet, after an earlier trade dispute between the American manufacturer and Ottawa.
The announcement came a month after the US International Trade Commission rejected a complaint filed by Boeing against its Canadian rival Bombardier, demanding nearly 300 percent anti-dumping duties on the C Series ... more |
Though EV demand is growing, range anxiety remains a concern Washington (UPI) Feb 21, 2018
After a forecast for gains in deployment, feedback from a forum by a state public service commission found range anxiety for electric vehicles was a concern.
British energy company BP reported in an annual forecast that it expected 180 million electric vehicles on the world's roads by 2035. That's expected to crimp global oil demand in the coming years as about 30 percent of total miles ... more |
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Singapore to impose carbon tax from 2019 Singapore (AFP) Feb 19, 2018
Singapore said Monday it would impose a carbon tax from next year to cut its greenhouse gas emissions and make companies more competitive as global agreements on climate change take effect.
Finance Minister Heng Swee Keat said the tax would be levied on all facilities producing 25,000 tonnes or more of greenhouse gas emissions a year.
The tax, to be applied to all sectors, will be Sg$5.0 ... more |
Quantum 'hack' to unleash computing power Sydney, Australia (SPX) Feb 15, 2018
Physicists at the University of Sydney have found a 'quantum hack' that should allow for enormous efficiency gains in quantum computing technologies.
As scientists at IBM, Google, Microsoft and universities across the world seek to scale-up quantum technology to make a practical quantum computer, finding ways to do computations within an acceptable error threshold is a big technological pr ... more |
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New Mumbai metro will beat traffic, but at what cost? Mumbai (AFP) Jan 21, 2018
A new underground metro is expected to ease the burden on Mumbai's notoriously congested roads and railways, but not everybody in India's sprawling financial capital is happy about the multi-billion-dollar project.
Announced in 2014 with much fanfare, the Metro 3 line has been hailed by backers as essential to help solve the city's traffic woes and finally provide a link to its airports.
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The plastics industry is leaking huge amounts of microplastics Gothenburg, Sweden (SPX) Feb 21, 2018
The problem of plastic pellets in marine environments has been reported since the 1970s and the first recommendations for legislation were introduced in the USA back in the 1990s. However, in Sweden, these spills have only received attention in recent years.
Small plastic pellets are used as raw materials. The pellets are shipped from the manufacturing site to different plants where they a ... more |
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