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2011年10月20日星期四

Kodak denies any bankruptcy plans

AppId is over the quota
AppId is over the quota
2 October 2011 Last updated at 10:09 GMT Kodak billboard Time Square Kodak is one of the best-known and most iconic brands in photography Eastman Kodak has said it has "no intention of filing for bankruptcy".

The struggling US camera and printing group's comments came after it confirmed it had hired a law firm well-known for handling bankruptcy protection cases, Jones Day.

Kodak said it was "not unusual for a company in transformation to explore all options".

Shares in the firm fell 54% on Friday as fears persist about its future. It has not made a profit since 2007.

Kodak, synonymous with film photography for more than 100 years, has struggled to adapt to the digital age.

Last week it announced plans to borrow $160m (£103m) for "general corporate purposes".

Kodak is now continuing to explore a sale of its digital imaging patents, worth an estimated $2bn.

Mark Kaufman, an analyst at Rafferty Capital Markets, said: "I don't believe bankruptcy is inevitable.

"This is a pretty valuable portfolio, they should get a good price.

"They need to get this [sale] out of the way. They need to sell this portfolio, raise some type of cash."

The company currently has a market value of $210m. This compares with $31bn at its height in February 1997.


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2011年7月31日星期日

How the plans of Germany to succeed in a free, low-emission nuclear carbon economy

Germany has made some fundamental energy decisions in recent months, which are interesting to study and learn from other countries. The most "famous" decision has recently been phase out nuclear power over the next ten years. This movement is based on years of debate and a social decision Japan Fukushima Daiichi nuclear accident away from nuclear energy.

There has been much less attention, however, about the staggering of other energy sources. Not there has been much focus on the way in which Germany can remain Europe's economic power and the second largest exporter to eliminate an important source of energy from the grid in the world.

This gradual story is vital to understand, especially taking into account that Germany plans to meet ambitious greenhouse gas reduction goals while to stage nuclear energy. So how is this working?

The coalition that ruled Germany from 1998 to 2005, led by the Social Democrats and the Greens, launched a series of policies to expand renewable energy sources and gradually nuclear power. Last year the coalition Government new and current (a more conservative mix) decided on a new concept of energy which consisted of two main elements.

1. According to the phase of nuclear power, but in a slower time. So they decided to extend the duration of 17 German nuclear power plants for eight to twelve years.
2. According to an ambitious set of short- and long-term energy and climate change policy objectives including:

* a 40% reduction of emissions of GHG by 2020 along with a goal of 80 to 95% of longer term by 2050 (compared to 1990 levels),
* a massive expansion of renewable energy sources in all sectors, for example, an increase of renewable energy in the generation of energy from 17% in 2010 and 35% by 2020 and 80% by 2050
* a target to reduce the energy consumption in buildings by 2020 20% and 80% by 2050.
* A target to reduce the energy consumption in transport in 2020 10% and 25% by 2050.

However, after the nuclear accident in Japan Fukushima, there was a decision to return to the original removal of 2000 timetable, while maintaining rather than the goals of energy and climate change the Government had established the previous year. This approach was endorsed by a large majority, with 85 per cent of parliamentarians to vote in favour of a more rapid elimination and a series of measures (see below) in the gradual of clean energy.

Germany energy transition is based on three strategic criteria.

First, energy efficiency

Although efforts will focus on improving energy efficiency in all sectors, there is a strong emphasis in the construction sector. This is important because of its long-lived capital stock and renewal cycles long at Germany. In other words, Windows of opportunity to change the buildings that remain around decades do not see very regularly, by what you have to understand them when they do so. If you lose window in buildings energy efficiency measures will be more expensive or even impossible.

The approach is twofold. Firstly, is the European Union directive on the energy efficiency of buildings, which provides that all new buildings should consume energy almost zero from 2020 onwards. Germany should of course follow this regulation too. In addition, Germany has been rather than new incentive programs to support the renovation of the buildings. In addition to using revenues from the auction by the regime of emissions trading European ("cap and trade" system for Europe) programme of renewal, Germany has also all reductions of excise for the renovation of the buildings. Together 3.4 billion euros will be allocated to an energy lower consumption, building modernized in Germany sector.

Second, free energy of carbon in all sectors

To achieve the objective in the long term of decarbonization, all sectors must transform its base of fuel to carbon-free energy. In the electricity sector, the focus is on renewable energies, linked with the ambitious objectives indicated above. For some sectors, electricity and heating will play a role if produced by renewable sources of energy or low carbon emission.

In the transitional period will be probably built new plants of highly efficient and flexible gas as energy. New coal fired plants are highly unlikely. With the significant increase in renewable energy sources and the fact that there will be full of auction of emissions under the EU emissions trading scheme, the economy did not add.

Given the important role of the electricity for the decarbonization for many sectors, the early and rapid transition from the renewable energy sector is a key pillar of the transition of the energy system. As noted above, the new objectives of renewable energy are being implemented with regular reviews.

In the transport sector, Germany must implement the EU auto efficiency standards. In addition, Germany has launched a strong innovation program for electric mobility with the aim to have one million electric cars on the market in the year 2020 and six million in 2030. There are currently 42 million of traditional cars on the road.

Third strategic focus on long-term objectives

As noted above, the policy focuses on the reduction of emissions in sectors with the capital reserves of long life, for example, buildings and power plants. These sectors structured gas emissions of greenhouse effect and the demand for energy during long periods of time.

However, one must ensure that the infrastructure of this transition is in place. Therefore, Germany has launched a new legal process for the development of the "target 2050 network" which includes all put infrastructure in place and required settings for a system of dominated electricity from renewable energy sources.

This planning process creates based on the related licensing regulators related investments and offers certainty about the future of the grid. Efforts will be made by special to adjust and roll-out of the necessary infrastructure, including transmission networks that will transport wind energy in the northern regions of the country to the South, intelligent distribution networks that can manage large shares of electric cars and production of energy from decentralized sources, as well as sufficient information storage options to deal with large shares of variable energy sources.

This package of proposals is the basis for the confidence of Germany that can remove a source of energy and phase in renewable energy and energy efficiency. The combination of a combination of policies (emissions trading, rules, regulations, incentives) with the planning and investment in infrastructure in the long term is the way it has chosen to Germany.

While this mix will not necessarily be the same in each country, other countries can learn from the different parts of the German set for the transition to an economy of carbon economically strong and low.


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2011年7月30日星期六

Republicans abandoned their plans for debt ceiling vote

Inverted Wenzhou's "harmony" move that if declared bankruptcy comes to power.

The disaster is killed or injured more than 200 people, pressed to gradually reveal the terrible truth: man-made disasters. We know that it is so it can only do this. But obscured in smash the Ministry of railways, finally a little truth, we will still have the joy of a trace of the winner.

Microblogging forced media, media create public opinion, violates the prohibition of control brains, the truth to emerge. A people who are tired of the process, because the results from the very beginning, also will get a grip on power. In such a country, most controls the mouth, eyes and ears, except decisions with powerful information leaves, to one of your own effects already entrusted to the truth of the great depression was in the media and the media. But this summer, conscience no longer afraid of melting pulp, mantle mean enough to empty out detention, to the raging flames, seemed to burn throughout the old world.

The Ministry of railways, the symbol of autocracy and corruption, CAME tumbling Collapse in the examination of the population, less than a week, infestations of iron and steel giant eye stones, because he will be tried in people.

A few days ago, he was a monster with arrogant and persecuted, I turn a posture of the railways I call the shots. People in the compartment seems to be his hostage and slaves, their use and revile dignities. This militarization and planned economic system breeds of freaks, that State within a State: he has his own system of courts, there is a hegemonic subject to the public, independent and high above, no one can shake their domination of the Kingdom. Justice and citizens ' rights is not in the scrutiny of the column, he was drag racing pleasure. With former Director Liu zhijun rail Kingdom controlled, clean, exclusive works even the direction is the direction of the railway.

LiU zhijun drag China corruption Group at high speed as bait and tie up the Government in this crazy high speed travel to wagon-this is not a destination. High speed, fast, self-service sth different types of high-sounding reasons, appears to be the only railroad into a road of independent innovation, no arrivals after an unprecedented rapid development path, looking for landing point of China's economy opens up a new road, that officials agree without prior consultations to seek employment and economic growth and political demands. The agent shot in required of officials, Liu zhijun easily get unfettered power.

Faster, better, stronger, over mainland China suddenly of Olympic Games a strong self-confidence, they want to hasten to catch up with world powers. Speed near perverted obsession, led to a great leap forward movement of the railway. Speed speed increased again, by car, followed by the rail system. Land of moaning, behind the driving rail wheel all the way, was tears of relocation of people. Road movement sweeping the continent, home to many Chinese. On the front of the dazzling speed, people's knees.

No output, Monster Shuttle, road vehicle exchanges, people can't see the distant, more do not know what is at the end.

Last year a home visit, see set up a root in the Guanzhong plain thick concrete severed post, Qinling mountain of sight inquire., I have been cutting pain, I know that the development of the beast has been claimed to be able to slam the oil lands. Acquaintances said high-speed train project oversight, everything on the site is a boss in charge, he is afraid of technical problems with print quality and was forced to resign. I understand the great leap forward will leave infinity affected rail system.

Fixed is for what? Why are we so fast?

Allows for high-speed civil aviation does not guarantee the construction of the airport after the destruction of so much land, several high-speed destroying more land, and the only to pull the same group of people. More people flow, means more land barren, inflation is not going to stop. Wheat, maize, sorghum, soya beans are produced on the road from you?


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