Tag: 夜上海论坛KS

Japanese Firms Take New Interest in Offshore Wind

Japanese Firms Take New Interest in Offshore Wind

first_imgJapanese Firms Take New Interest in Offshore Wind FacebookTwitterLinkedInEmailPrint分享Bloomberg:Untapped offshore wind is luring Japan’s biggest commodity houses to invest in projects in Taiwan and at home, buoyed by favorable government policies that support development of the clean power.Mitsui & Co. this month bought a stake in the Taiwanese wind developer Yushan Energy Co. that gives the Tokyo-based company a 20 percent stake in a 300-megawatt offshore project that may cost $1.8 billion to develop. Mitsubishi Corp. is working with partners to build a separate windmill venture off Taiwan’s coast and Marubeni Corp. is developing two offshore projects in the northern Japanese prefecture of Akita.Buffeted by strong breezes in the Taiwan Strait, the island has emerged as a hot spot for clean power projects as President Tsai Ing-Wen works to phase out nuclear energy while adding 25 gigawatts of renewable energy by 2025. The island is seeking to boost offshore wind capacity to 5.5 gigawatts over the same timeframe, from just 8 megawatts.Globally, there are about 18 gigawatts of offshore wind capacity and Europe accounts for more than 80 percent of that, with the rest mostly in Asia, according to Bloomberg New Energy Finance. Asia will add 3.5 gigawatts of offshore wind capacity in 2030, more than double the 1.5 gigawatts to be added in Europe the same year, according to estimates in a December report from BNEF.Mitsubishi, which will start construction of a 950-megawatt wind project off the U.K. coast with partners this year, aims to double its renewable output so that it accounts for about 20 percent of its total power production by 2030. Offshore wind will play an important role in that expansion, according to Yusuke Takeuchi, who heads a power business development team at Mitsubishi.More: ‘Dawn’ of Asia Offshore Wind Boom Lures Japanese Trading Houseslast_img read more

Biden blasts Trump’s photo op in front of riot-damaged church

Biden blasts Trump’s photo op in front of riot-damaged church

first_imgBiden, the presumptive Democratic presidential candidate in the November election, slammed Trump for “using the American military against the American people,” after the president vowed to order an army crackdown on the sweeping civil unrest.”He tear-gassed peaceful protesters and fired rubber bullets. For a photo,” Biden tweeted late Monday. “For our children, for the very soul of our country, we must defeat him.”Biden also announced he would speak Tuesday in Philadelphia “on the civil unrest facing communities across America.”Washington’s mayor Muriel Bowser called the move “shameful”.”I imposed a curfew at 7pm,” she tweeted. “A full 25 minutes before the curfew & w/o provocation, federal police used munitions on peaceful protestors in front of the White House, an act that will make the job of @DCPoliceDept officers more difficult.”New York governor Andrew Cuomo also expressed outrage over the incident.”What the president did today was he called out the American military against American citizens,” Cuomo tweeted.”He used the military to push out a peaceful protest so he could have a photo op at a church. It’s all just a reality TV show for this president.”The visit enraged Washington’s Episcopal bishop, Marian Budde.The president did not seek permission for the visit, she told CNN, condemning his use of a Bible, failure to pray, failure to acknowledge the agony of Americans and decision to use tear gas on protesters to make the visit.”I am outraged… we distance ourselves from the incendiary language of this president,” she said.”I just can’t believe what my eyes have seen tonight… I had no idea,” she added. Topics : As he spoke, law enforcement — including military police — could be seen firing tear gas to clear peaceful protesters in Lafayette Park, outside the White House, so the president could walk over to the church. Known as “the Church of the Presidents,” St. John’s was sprayed with graffiti and partially damaged by fire during unrest on Sunday.”We have a great country,” Trump declared just outside the Episcopal church, where he held up a Bible. He did not answer questions from reporters before leaving again. The backlash was swift.  US President Donald Trump spurred fresh outrage Monday after police used tear gas to clear protesters from outside the White House so he could pose for photographs at a nearby church damaged during civil unrest.The move earned him a sharp rebuke from the city mayor, the Episcopal bishop, and leading Democrats including former vice president Joe Biden, who decried the use of force merely “for a photo.”Trump’s visit to the historic St John’s Church, across the street from the White House came after he delivered an address denouncing vandalism that has followed anti-racism protests that have gripped the country for a week. last_img read more

E-cigarette maker Juul plans layoffs, Europe and Asia exit: Report

E-cigarette maker Juul plans layoffs, Europe and Asia exit: Report

first_imgTroubled e-cigarette maker Juul plans to pull out of Europe and Asia and lay off more workers after already shedding a third of its workforce, the Wall Street Journal said Wednesday.The start-up could end sales in 11 countries including Italy, Germany, Russia, Indonesia and the Philippines, the paper said, noting the US, Canada and Britain accounted for 90 percent of its sales in the first quarter. That is expected to be accompanied by lay-offs, but no precise numbers have yet been announced. Since then, Juul has essentially stopped advertising or selling sweet or fruit-flavored products in the US and has pulled out of several overseas markets such as South Korea, Austria, Belgium, Portugal and Spain, as sales plummeted.It laid off almost a third of its 3,000 workers earlier this year, and now has a staff of around 2,200, the Journal said.In addition, in April the Federal Trade Commission moved to block a huge investment by competitor Altria, which owns the Marlboro brand, in Juul. Altria had spent $12.8 billion for a 35 percent stake in Juul in December 2018, valuing the start-up at $38 billion. Altria now values the company at $12 billion. Juul did not respond to an AFP request for comment late Wednesday.The labor cuts would allow the company to invest in developing new products, according to an email sent to staff by Juul CEO Kevin Crosthwaite.”While those investments will not provide short-term revenue, they will help us earn trust and build a company for the long term,” said Crosthwaite who took over the company a year ago.Juul was accused of illegally selling its products to underage consumers and of having targeted high school kids, unleashing a landslide of lawsuits.center_img Topics :last_img read more

Woman on bail for fraudulent conversion

Woman on bail for fraudulent conversion

first_imgA mother of one was taken before the Georgetown Magistrates’ Courts on Wednesday to answer to a fraudulent conversion charge.Diana Vickram of Nonpareil, East Coast Demerara (ECD) pleaded not guilty to the charge when it was read to her by Magistrate Faith McGusty. The charge stated that the 22-year-old on February 26, 2019 while being solely entrusted with a gold chain valued $120,000, property of Murish Charran, fraudulently converted it to her own use.In court on Wednesday, Vickram denied receiving any item from the Virtual Complainant.Prosecutor Ceon Blackman did not object to bail; however, he requested conditions be attached to the granting of pre-trial liberty. The defendant was released on $50,000 bail. As a condition of her bail, Vickram will have to report to the Vigilance Police Station once per week until the completion of the trial.The case will continue on June 5, 2019 at the Vigilance Magistrate’s Court.last_img read more