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The big questions for 2012 - FT.com - 0 views

  • With America gazing inward, some will look to China for money and leadership. This began visibly to happen in 2011, when European officials ended an EU summit by jetting straight off to Beijing, in a humiliatingly unsuccessful effort to drum up Chinese interest in buying more European debt.
  • But the leadership of China’s Communist party will also spend much of the year jostling for position. While the identities of the new president and prime minister are widely assumed to be known – with Xi Jinping and Li Keqiang slated respectively for those positions – the slots just below the top two are up for grabs. China’s urge to concentrate on domestic affairs will be accentuated by a growing nervousness about political and economic instability at home.
  • and growing social unrest in China’s manufacturing heartlands
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  • But it will also ensure China has little energy to devote to elaborate international co-operation.
  • Economic inequality: Peaceful acceptance of deep differentials is coming to an end
  • The big debate of 2012 will be over the role of government in the economy,
  • Public v private: The state starts to run out of time on how big it should be
  • Although this sounds like an economic issue, it is really about politics.
  • Headlines such as this recent one in the Los Angeles Times – “Six Walmart heirs are wealthier than US’ entire bottom 30 per cent” – epitomise the new mood. Such scrutiny of the lives and deeds of the “1 per cent” will become obsessive.
  • Yet there is compelling evidence that high inequality is also bad for a nation’s health: it leads to higher political instability and more violence and it hurts competitiveness and growth.
  • Social unrest: Technology to power rolling disruption to outright revolution
  • In Russia, shame among educated classes that Vladimir Putin is just the latest tsar, combined with growing economic desperation and corruption in rural areas, makes another Russian Revolution plausible if not probable. And I would not be surprised to see mass protests in several central Asian countries, in Pakistan, again in Iran, in Algeria, Mexico, Venezuela or Cuba.
  • The difference from traditional technology is speed, scale and resilience. The immediacy, apparent veracity and emotional power of words and images that are instantly transmitted to thousands and then millions of people can transform existing currents of dissent into a raging flood
  • This year, elections will take place in the US, France, Russia, Taiwan, Mexico, Egypt and South Korea. China will also change leadership.
  • Energy: Fuel’s decisive shift in supply will boost security – at a price
  • Energy efficiency in the advanced countries has risen sharply, implying that their demand has peaked, and vast, commercially exploitable discoveries of oil and gas – especially gas – have been made in politically stable areas, including in the US. This suggests that in future gas will account for a much larger proportion of world energy supply. While these developments are positive for geopolitical stability, they may pose difficulties for the climate.
  • This is positive because gas is much cleaner than coal.
  • This means it will reclaim its role as the world’s biggest energy producer and, incredibly, become a net energy exporter.
  • Even in 2040, respected forecasts now envision that fossil fuels will still supply 80 per cent of the world’s energy needs.
  • However, energy security and national security for much of the world will be improved, as the influence of rogue oil states diminishes.
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Senator: Correnti made solar deal more attractive - The Dispatch - 0 views

  • Earlier in the month, Gov. Haley Barbour pushed forward with a $75.25 million incentive package to bring Calisolar, a solar silicon company, to the old section of the Industrial Park
  • The project, expected to begin this fall or early next year, promises to bring 951 jobs to the a
  • the work Lowndes County officials have put into the Industrial Park made it an attractive choice, namely the ready ability to provide the 170 MW of power the company will require each day.
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  • that if the company fails, at least Lowndes County will own the building and equipment.
  • As part of the incentive agreement, Calisolar will receive a $59.5 million loan to construct the building and purchase equipment, with the county retaining ownership and leasing to them. The state is also providing $15.75 million for infrastructure and workforce training.
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State lawmakers approve Calisolar incentives package - The Dispatch - 0 views

  • John T. Correnti, former CEO of SeverCorr (now Severstal) of Columbus, has served as chairman of the company''s board of directors since 2010 and reportedly has maintained close ties with Mississippi. The company has been in negotiations with Ohio officials since April, but the deal fell through in July when company representatives told the Mansfield News Journal in Mansfield, Ohio, that they were unable to meet a September construction deadline to qualify for a $275 million federal loan guarantee. Higgins said Lowndes County''s ability to meet Calisolar''s high power needs (nearly 170 MW of power, or roughly 40 MW more than the entire city of Columbus), along with Mississippi''s status as a right-to-work (non-union) state and the willingness of legislators to pass an attractive incentive package, may have tipped the balance in the Magnolia State''s favor.
  • "The reason we''re coming here, and I''m going to be frank, is the Mississippi farm boys and the farm girls," Correnti said, according to The AP. "I wouldn''t trade a Mississippi farm boy or farm girl for any Russian, Chinese, Japanese, Mexican, South American.
  • AP reports that details of Mississippi''s incentive package include a $59.5 million loan for the building and equipment, with Lowndes County retaining ownership of the building and leasing it to them. The state is also providing $15.75 million for infrastructure and workforce training.
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  • According to the U.S. Bureau of Labor Statistics, the state''s unemployment rate was 11.1 percent for July, and Lowndes County''s unemployment rate was 12.4 percent. The national unemployment rate is 9.1 percent, or approximately 14 million people.
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St. Lawrence-FDR Power Project & NYPA: by Gordie Little : Absolutely Business Magazine - 0 views

  • A new 30-year agreement will mean that Alcoa must maintain at least 900 jobs and pour $600 million into what is known as the Massena East smelter.
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Applied Resource Economics and Policy Group - 0 views

  • If the body of water is man-made, a canal or reservoir for example, the customary riparian rights may not apply, and the uses by littoral owners can be limited. For instance, an owner of property on a lake formed by a hydro-electric dam or on a man-made canal may have no riparian right to withdraw water or build a dock. On the other hand, landowners who build ponds on their own property would continue to have riparian rights in that water.
  • Such lands cannot be privately owned, with the exception of certain limited grants and sales of these lands that the State has made in the past.
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      As such the case the expiration of a Federal Power Lease
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Alcoa Primary Aluminum - North America: News: News From Primary Aluminum - North Americ... - 0 views

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    Alcoa - July 15 2008 - Wenatchee, WA - 17 year deal - to 2028
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WFAE 90.7 FM - 0 views

  • So much misinformation. FERC statement about not being an option is boiler plate language referring to there be no other applicant at time license filed. Alcoa gave up rights when they accepted monopoly use of public waters as free fuel and argued for 30 year license in vs. 50 license because they wanted extra years to recover building Tucker Town and new pot lines. They acknowledged they had no assurances of keeping the project property at end of license period. Water worth billions and tens of thousands of jobs should not be traded for pennies and a promise. The water is what will guaratee jobs and prosperity ...not Alcoa. Hydro is self financing...will not cost the tax payers a dime. Forward contracts on power sales or revenue bonds like financed Santee will get the job done. Comment by Waterperson - December 9, 2011 2:20 PM
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Final group of Alcoa workers laid off - News14.com - 0 views

  • 02/15/2008 09:59 AM
  • he last six employees at the Alcoa aluminum production plant in Stanly County worked their last day Friday.
  • Alcoa started the process of curtailing production at the Badin site in August 2002. Since then, it's been a gradual process to halt work there.
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  • Alcoa will still oversee the power-generating operations on Badin, High Rock, Tuckertown and Falls Lakes.
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Stanly Community College Television (SCC-TV) - Powered by LEIGHTRONIX PEG Central - 0 views

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    Stanly County Commissioners Meeting Dec 5 2011. Contains presentation regarding Stanly County's position regarding the Alcoa/Clean-Tech Proposal
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