Thursday, 16 June 2011

  • Indian, Pakistani companies win green energy awards

    June 16, 2011
    Indian farm labourers use shovels as they separate grains of rice from the husk at a grain market in Amritsar in 2005

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    Indian farm labourers use shovels as they separate grains of rice from the husk at a grain market in Amritsar in 2005. Two Indian companies which recycle waste products into sources of power and a Pakistani firm that fits energy-saving devices in homes were on Thursday honoured with major green energy awards.

    Two Indian companies which recycle waste products into sources of power and a Pakistani firm that fits energy-saving devices in homes were on Thursday honoured with major green energy awards.

    They were three of the winners at this year's Ashden Awards for Sustainable Energy, one of the world's most prestigious green energy honours, each picking up £20,000 ($32,200, 22,800 euros) prize money at a London ceremony.

    The British awards, which started in 2001, aim to encourage the greater use of local clean energy and to address climate change and alleviate poverty.

    Ghanaian firm Toyola Energy Ltd. won the top prize, the £40,000 Gold Award, for its success in making stoves that burn less charcoal than traditional models and that are accessible to low-income families.

    The Indian firms, Abellon CleanEnergy Ltd. and Husk Power Systems, and Pakistani company, The Aga Khan Planning and Building Service, were among four other international winners.

    "Our dream is a world where access to clean, affordable electricity and fuel can be enjoyed by the poor, transforming living standards, reducing CO2 emissions and easing the pressure on dwindling forests," said awards director Sarah Butler-Sloss.

    "The 2011 Ashden Award winners are making this vision a reality, and their potential for expansion and replication is high."

    Abellon CleanEnergy Ltd., based in Gujarat state, western India, was recognised for its business of producing biomass pellets from crop waste to fuel industries in the area.

    As well as replacing traditional industrial fuels with a cleaner alternative, the business also gives farmers a market for waste products.

    Husk Power Systems, based in Bihar state, eastern India, was honoured for using a common waste product, rice husks, to produce electricity for remote villages in the area.

    The Ashden Awards judges said that the novel way of producing electricity provided a reliable supply and was cheaper than alternatives.

    Pakistani firm, the Aga Khan Planning and Building Service, was selected for helping families in mountain villages save energy and make their homes warmer through a range of locally-produced devices.

    Carpenters and metal workers employed by the company make products including fuel-efficient stoves, water heaters and wall and floor insulation.

    (c) 2011 AFP

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    Source: http://www.physorg.com/news/2011-06-indian-pakistani-companies-green-energy.html

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  • ?iBooks? Publisher Sues Apple

    by John Biggs on June 16, 2011
    Tags: apple, iBook, ibooks


    A publisher, John T. Colby, bought a series of old titles and sold under the name iBooks in since 1999. Around the same time, Apple sold laptops under the iBook name and, more important, began its iBook store in 2010. Colby is stating that Apple has essentially destroyed his business and that:

    ?Apple?s use of the mark ?iBooks? to denote the electronic library that can be accessed via its iPad tablet computer and its iPhone is likely to overwhelm the good will of plaintiffs? ?ibooks? and ?ipicturebooks? marks and render them virtually worthless.?

    The books include these titles from Byron Preiss, among others.

    via Bloomberg

    Source: http://www.crunchgear.com/2011/06/16/ibooks-publisher-sues-apple/

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  • China: A Distant Mirror Across The Sea.

    Wednesday, June 15th at 2:45PM EDT

    No Comments

    When Historian Barbara Tuchman wrote A Distant Mirror, she described 14th Century France as an apt analogue to much of what she saw wrong with the 20th Century in which she lived. The people back then were very different than moderns, yet the similarities she documented lead to one of the most compelling historical tomes ever written. A post by blogger Charles Hugh Smith entitled ?Why The Wheels Are Falling Off China?s Boom,? brought the whole concept of seeing ourselves in the lives of others far away into my mind.

    Mr. Smith lists 12 reasons why China will suffer in the near future. The eight ones included below are equally true of the Good Ol? US of A:
    1. Over-reliance on property speculation for profits.
    2. Over-reliance on investment for GDP growth fuels malinvestment and systemic risk.
    3. The Central Government is a domestic paper tiger.
    4. Local government is hopelessly, intrinsically, deeply corrupt.
    5. Much of the ?growth? and profits have come from ruthless exploitation and predation.
    6. The dilution of truth and fact have poisoned the culture.
    7. The Central Government?s infrastructure projects are increasing the odds of environmental catastrophe.
    8. The strange brew of crony Capitalism and Command Economy creates a market nobody believes in.

    Meanwhile, in the US, I see several of these characteristics here as well. Walter Russell Mead describes how number one helped cripple the US economy.

    In the process, millions of financially unsophisticated low income people were stuck with obscenely unfair mortgages, honest whistle blowers were subjected to savage personal attacks, home prices lost all touch with reality, taxpayers were stuck with losses that may approach one trillion dollars, and financial markets were poisoned almost beyond repair.

    President Barack Obama uses an attempt at humor to cope with the reality of #2 in the US.

    Obama quipped: ?Shovel-ready was not as ? uh ? shovel-ready as we expected.

    The Calculated Risk Blog offers us confirmation of our Charmer-In-Chief?s puckish and ironic wit. The ?Scariest Jobs Chart Ever? explains why nobody?s laughing.

    I?ve taken up the cudgel on issue #3. Our governments ?experts? do nothing to stop violence in our streets. If you can?t even protect your citizenry from being used as ?it? in a game of Knockout King, your government has no power beyond colossally fornicating things in an upward direction.

    For number 4, I offer the two words Bell, California. The United States of America has some of the worst and most corrupt local governments ever inflicted since, well, The Calamitous 14th Century. It?s probably no coincidence that Dashiell Hammett was an American, and wrote Red Harvest.

    Number five jives quite nicely the decision reached in Kelo vs. New London case. The USSC decided that a city may take private property IAW the 5th Amendment as long as their city does it as part of an economic plan. Josef Stalin?s ghost celebrates with a Mai-Thai.

    I?ll skip six and seven in the interest of brevity and wind up with the possibility of number eight. We start with Charles Hugh Smith?s charting of the main Chinese equities exchange the SSEC.

    Get Ready For The Chinese Fire Drill!

    Get Ready For The Chinese Fire Drill!

    His two bolded red lines are indicators of a possible ?Death Cross?, ceteris paribus, sometime between July and September. This traditionally signals a strong down-side market correction.

    We compare this to a recent chart of the DJIA from stockcharts.com.

    This is your 401K on Hopium!

    This is your 401K on Hopium!

    The news isn?t particularly happy here either. The 20-Day and 50-Day moving averages executed their appointed ?Death Cross? on 6 June. The next chance for the DJIA to hit support looks like at or about 11,700. Indeed, a distant mirror, far across the sea.

    Source: http://www.redstate.com/repair_man_jack/2011/06/15/china-a-distant-mirror-across-the-sea/

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Wednesday, 15 June 2011

jasperlogan12

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