Somos Inside

My favourite quote comes from Gandhi Be the change you wish to see in the world is all about modelling behaviours .. You changed, World, People working together

And Skypower FAS Energy, a Canadian-Saudi joint venture, signed agreements with Nigerian federal and state governments in May 2014 to install 3,000 megawatts of utility-scale PV there by 2019. Reining in solar incentives has also slowed PV installations in Italy, now the third-ranked country in overall capacity with 17,600 megawatts. FIT rates for new PV plants were reduced beginning in mid-2011 and eventually eliminated in mid-2013.

  • Snider argues that the Bretton Woods system could never fulfill the role of a global reserve currency.
  • Over time, markets preferred paper promises to pay gold — it was just easier, and so gold fell out of circulation, where it was more easily centralized and confiscated.
  • Perhaps the design was simply so brilliant that it co-opted even America’s most hated rivals.
  • Arizona, which added 420 megawatts of PV in 2013, boasts the 290-megawatt Agua Caliente project outside Phoenix.

The same, obviously, can be said for World War I, the Napoleonic Wars, and other conflicts where the belligerents left the gold standard to fight. But these costs were not paid for by Washington, but were often borne by citizens in Middle Eastern countries and in poorer nations across the developing world. Desertcart is the best online shopping platform where you can buy 360 S 7 Pro Robot Vacuum And Mop Li DAR Mapping 2650 Pa No Go Zones Selective Room Cleaning Self Charge And Resume Compatible With Alexa And Google Assistant from renowned brand.

Suzlon gets nod to start Rajasthan wind farm

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China—the leading manufacturer of PV—had until recently installed very little solar power at home. Between 2010 and 2012, China’s PV capacity grew nearly ninefold to 7,000 megawatts. Then in 2013, China added at least 11,300 megawatts, the largest PV addition by any country in a single year. With 18,300 megawatts, China now trails only Germany in overall capacity.

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As financial analyst Lyn Alden has pointed out, the post-1971 fiat-based financial system has contributed to structural trade deficits for the U.S. The U.S., she argues, has extended its global power by sacrificing some of its domestic economic health. This sacrifice has mainly benefitted U.S. elites at the cost of blue-collar and middle-income workers. Dollar hegemony, then, might be good for American elites and diplomats and the wider empire, but not for the everyday citizen. The western desert states of Gujarat and Rajasthan contain more than half of the country’s 2,300 megawatts of PV. In June 2014, shortly after his election as prime minister, Narendra Modi’s administration announced an expansion of the National Solar Mission goals for 2022—from 22,000 to 34,000 megawatts—in order to generate 3 percent of the country’s electricity from solar power.

These still significantly outpace America’s actual contribution to global GDP — a legacy of the Treasury bill standard, for sure — but they are declining over time. According to the National Energy Bureau, China will construct five gigawatts of offshore wind power projects by 2015, representing 5 percent of its total wind energy installed capacity. China’s top economic planner on Thursday released a pricing scheme for certain types of offshore wind power projects, a move to exploit green energy resources off its coasts. Across the Atlantic, solar power is starting to take off in the United States. The country added some 4,800 megawatts in 2013, increasing its total PV capacity by 65 percent to 12,000 megawatts. Factors contributing to this growth include continually falling system costs , utilities meeting state-mandated obligations to sell electricity from renewables, and home solar leasing arrangements gaining in popularity.

VII. Financial Implications Of The Treasury Bill Standard

Last year, it set a benchmark tariff of 0.43 yuan per kilowatt hour for nuclear power, and also raised tariffs for coal-fired power plants that had installed clean technologies. The pricing policy applies to projects with no-bid contracts that will be in operation before 2017, according to a National Development and Reform Commission statement. Until then, the Port Augusta community will patiently await the verdict which may change the face of South Australian power generation. The forum was aptly timed, given Alinta Energy is due to publicly release the report which will determine the type of power station they continue to research in their full feasibility study, which was announced in January 2014. Repower Port Augusta chairperson Lisa Lumsden gave an poignant address at the event, speaking of Port Augusta’s own campaign to transition from coal to solar thermal with storage.

The “FIRE” sector has, Hudson says, “appropriated almost all of the economic gains.” Industrial capitalism, he says, has evolved into finance capitalism. On June 8, 1974, the U.S. and Saudi governments signed a military and economic pact. Secretary Simon asked the Saudis to buy up to $10 billion in treasuries.

By the 1980s, the U.S. government had “killed” gold as a money through centralization and through control of the derivatives markets. Floating currency markets sparked a proliferation of derivatives used to hedge risk. Corporations all of a sudden had to invest resources in foreign exchange futures. In the oil and gold markets, there are hundreds or thousands of paper claims for each unit of raw material. It is not clear if this is a direct result of leaving the gold standard, but is certainly a prominent feature of the post-gold era. In the end, one can argue that the Treasury bill standard helped defeat Communism; that it’s what the global market wanted; and that it helped the developing world.

We can deliver the 360 S 7 Pro Robot Vacuum And Mop Li DAR Mapping 2650 Pa No Go Zones Selective Room Cleaning Self Charge And Resume Compatible With Alexa And Google Assistant speedily without the hassle of shipping, customs or duties. Audi’s arch-rival BMW has launched its “i” series of electric models, including a 34,950-euro ($47,400) city car while Mercedes, whose parent Daimler owns a 4.3 percent stake in Tesla, started production in April of its B-Class electric compact. Germany’s three leading premium carmakers are all advancing on the electric market. “Germany’s major carmakers all have their electric-car plans ready in the drawer,” said Hanover-based NordLB analyst Frank Schwope.

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In Africa, where small off-grid PV systems have been the norm, South Africa dominates in PV capacity. At least three large projects with a combined 175 megawatts have been inaugurated in that country’s Northern Cape province since late 2013. The Chinese solar firm Hanergy plans to build a 400-megawatt park in Ghana.

Sitting in banks like Moscow Narodny in London or Banque Commerciale pour L’Europe du Nord in Paris, these new “eurodollars” became a global market for collateralized borrowing, and the best collateral one could have in the system was a U.S. treasury. The Federal Reserve continued to inflate the money supply in 1974, contributing to the fastest domestic inflation since the Civil War. But the growing deficit was eaten up by the Saudis and other oil-exporters, who would recycle tens of billions of dollars of petrodollar earnings into U.S. treasuries over the following decade. Sales of electric cars are expected to surge to 2.7 million globally by 2018 from 180,000 last year as more models come to market, battery costs fall and the number of charging stations grows, according to business consultancy Frost & Sullivan.

Audi to offer a range of high-performance electric vehicles

Meanwhile, China has 400 megawatts of offshore wind installed capacity already in production, which the NDRC described as “an initial stage of development”. PV capacity in 2013 came online in California, long the leading solar state. In addition to small residential systems, many large solar parks are operating or under construction in California, including the two Solar Star projects slated for completion in late 2015. With a combined 580 megawatts, these two plants are expected to generate enough electricity for 250,000 homes. Arizona, which added 420 megawatts of PV in 2013, boasts the 290-megawatt Agua Caliente project outside Phoenix. Rounding out the top five states in 2013 were North Carolina , New Jersey, and Massachusetts .

But PV system costs in Italy have fallen by 56–70 percent over the last five years, depending on size, a positive sign for PV competitiveness after the FIT. A recently-finished 700-kilowatt rooftop system on an Ikea store in Pisa, one of the first unsubsidized projects, will generate electricity at a price that rivals or bests the grid average. This new contract cements Gamesa’s presence in Asia, where it is already active in several markets in its capacity as both technology provider – supplying and maintaining wind turbines – and wind farm developer. As of March 2014, the company had installed a total of 5,016 MW of its turbines in Asia, while it maintains a further 1,900 MW. More specifically, “the country has 2.6 million people involved in the renewable energy trade” and has 14 gigawatt Solar photovoltaic generation installed to convert solar power to electric.

Instead of developing, Hudson argues that these countries were retrogressing. The answer, from Hudson’s perspective, is that they were folded into this broader strategy, to get the leaders of developing economies to spend their earnings on food and weapons imports. But now that the oil states were sovereign, they controlled the massive inflow of savings accrued through the skyrocketing price of petroleum.

The NDRC notice said the policy was designed to encourage the development of China’s rich offshore wind power resources. Offshore wind energy capacity stands at just 400 megawatts at present, amounting to less than 0.5 percent of China’s total wind power capacity. China’s total installed wind energy capacity stood at 82.27 gigawatts by the end of May, up 23.1 percent on the year and amounting to 6.6 percent of the national total.

IRENA calls on all governments to scale up renewable energy efforts

Desertcart delivers the most unique and largest selection of products from across the world especially from the US, UK and India at best prices and the fastest delivery time. Audi, which has since swapped R&D chiefs, has overcome the range limits by increasing the efficiency of the electric drivetrain and curbing on-board power consumption, development chief Ulrich Hackenberg has said. In 2012, Audi shelved the R8 e-tron at request of its parent as efforts to expand the model’s driving range had stalled at only 215 km. Audi’s plans will be helped by steps underway to upgrade a production platform dubbed MLB that already underpins larger models across the VW group such as the Audi A8 saloon and Porsche Cayenne SUV, and would cut costs for electric cars. Prices for projects launched after 2017 will be adjusted in accordance with technological improvements and changes in costs, the NDRC said.

Mexico nearly doubled its PV capacity to 100 megawatts and is expected to reach 240 megawatts by the end of 2014. In Chile, the U.S. firm SunEdison announced in June 2014 the completion of the largest PV plant in Latin America, its 100-megawatt https://1investing.in/ project in the Atacama Desert. And Brazil looks likely to nearly double its PV capacity to more than 70 megawatts in 2014. With its 2013 PV boom, Asia unseated Europe to become the leading region in annual installations.

There would be consequences even for the most powerful nation if it defaults on its debt. A world where governments are constrained from undemocratic forever wars because restraint has once again been imposed on them through a neutral global balance-of-payments system is a world worth looking forward to. Kant’s writings inspired democratic peace theory, and they may also inspire a future Bitcoin peace theory. In the past few years America has been at war in arguably as many as seven countries , yet the average American knows little to nothing about these wars.

“They want to be prepared when demand accelerates,” he said, adding this could take another 5-7 years. However Audi has also drawn up blueprints for several high-performance electric saloons and sport-utility vehicles, two company sources told Reuters, asking not to be identified because the matter is confidential. Ms Lumsden said Repower Port Augusta has received great communication from Alinta regarding the reporting of deadlines, and are thus very understanding and accepting of the situation. “We must take every opportunity to raise public awareness of the Repower Port Augusta campaign because we need their support too if we are going to get this. Repower Port Augusta was represented at a recent Solar Citizens event, as the community patiently awaits results of a study which will determine the future of Concentrated Solar Power in Port Augusta.

But then, at the time of World War I, they shoot up dramatically, cooling off a bit during the depression, only to go hyperbolic since the 1960s and 1970s as the gold standard fell apart and as the world shifted onto the Treasury bill standard. PV remains the most rapidly growing energy technology by a wide margin. Indeed, global PV installations for 2014 should reach at least Difference Between Operating Leverage and Financial Leverage 40,000 megawatts, expanding world PV capacity by another 30 percent. As concerns about climate change grow, solar PV has firmly established itself as an integral player in the transition from fossil fuels. Dubai in the United Arab Emirates switched on a 13-megawatt project in October 2013 that is planned to expand to at least 100 megawatts and perhaps 10 times that size.

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