Menu

Blog

Archive for the ‘economics’ category: Page 71

Dec 17, 2021

Malaysia outlines national space blueprint with focus on remote-sensing satellite development

Posted by in categories: economics, policy, satellites, security, space

SEOUL, South Korea — Malaysia is developing a national space blueprint to drive the growth of its space sector, particularly the manufacturing of remote-sensing satellites, satellite components and data-driven downstream services.

During a Dec. 13 parliamentary hearing, a deputy minister shared the latest update on the “Malaysia Space Exploration 2030” blueprint being fleshed out by Malaysia’s Ministry of Science, Technology and Innovation.

The deputy minister overseeing the effort, Datuk Ahmad Amzad Hashim, said the blueprint outlines a 10-year strategy in line with Malaysia’s National Space Policy 2030. The policy, adopted in 2017, recognizes the importance of space technologies for the country’s economic growth and national security.

Dec 17, 2021

TSMC can fix Taiwan’s stalled green transition

Posted by in categories: biotech/medical, economics, nuclear energy

HONG KONG, Dec 17 (Reuters Breakingviews) — After conquering semiconductors, Taiwan Semiconductor Manufacturing, the world’s biggest chipmaker has a new challenge: kickstarting Taiwan’s stalled green transition. Bureaucracy and red tape have marred the island’s renewable-energy goals. The company’s (2330.TW) voracious appetite for cleaner power will offer a much-needed spark.

Referendums on whether to restart a nuclear power plant and whether to change the location of a planned $2 billion liquid fossil gas terminal highlight how politically contentious the island’s energy issues are. President Tsai Ing-wen has pledged to phase out nuclear power and is hoping gas-fired plants will supply half of the $600 billion economy’s electricity needs by 2025. At the same time, she has promised to increase the share of renewable sources to 20%, from 5.4% in 2020.

On paper that’s doable, but in practice it looks increasingly out of reach. Covid-19 disruptions held up wind and solar projects, but lengthy and complex approval processes are also to blame. Offshore wind developers, for instance, must obtain consent letters from at least eight different authorities as well as approval from the environmental watchdog even to be eligible to bid for projects. Those that make it to the second round must also detail how they can meet local procurement requirements, often onerous criteria given how new the industry is in Taiwan. According to one 2021 estimate, unfinished wind and solar projects totalled $83 billion, among the highest in Asia.

Dec 14, 2021

Elon Musk Says SpaceX Is Going to Start Sucking CO2 Out of the Air and Turning It Into Rocket Fuel

Posted by in categories: economics, Elon Musk, space travel, sustainability

SpaceX is embarking on a bold new adventure: making rocket fuel out of thin air.

“SpaceX is starting a program to take CO2 out of atmosphere & turn it into rocket fuel,” CEO Elon Musk tweeted on Monday. “Please join if interested.”

Continue reading “Elon Musk Says SpaceX Is Going to Start Sucking CO2 Out of the Air and Turning It Into Rocket Fuel” »

Dec 13, 2021

The Logistics of Going “Interplanetary”: What Does It Take to Live on the Moon?

Posted by in categories: economics, solar power, space, sustainability

Humans have been dreaming of living on the Moon, but what would that look like exactly?

Put simply, an outpost (or outposts) on the Moon could benefit humanity in numerous ways. It would allow for regular access to the lunar surface, enable vital research into low-gravity and its effects on terrestrial organisms, and shave billions off of the cost of missions destined for Mars and other locations in deep space.

Continue reading “The Logistics of Going ‘Interplanetary’: What Does It Take to Live on the Moon?” »

Dec 8, 2021

The Big Question: Is the World of Work Forever Changed?

Posted by in categories: biotech/medical, economics

Their answers have been edited and condensed.


This article is part of a series called Turning Points, in which writers explore what critical moments from this year might mean for the year ahead. You can read more by visiting the Turning Points series page.

During the life-changing Covid-19 pandemic, millions of people were fortunate enough to work from home during lockdowns, while others were called upon to put themselves at physical risk to keep cities and economies from collapsing. As the world re-emerges from Covid, we are seeing renewed attention in the workplace to issues of social injustice, economic inequality, corporate social responsibility, and diversity and inclusion.

Continue reading “The Big Question: Is the World of Work Forever Changed?” »

Dec 7, 2021

A New Hydrogen Plane Can Fly Halfway Around the World Without Refueling

Posted by in categories: business, economics, energy, government, transportation

The FlyZero aircraft is one of a range of aircraft being designed by the FlyZero program. The new concept will store hydrogen in cryogenic fuel tanks, keeping them at a temperature of minus 250°Celsius (minus 418°Fahrenheit). Two cryogenic tanks will be placed at the rear of the plane, while two smaller “cheek” tanks will be placed near the front of the plane to keep the aircraft balanced. The mid-size aircraft will have a wingspan of 54 meters, each of which will have a turbofan engine attached.

“These designs could define the future of aerospace and aviation,” said U.K. Business Secretary Kwasi Kwarteng in the ATI’s statement. “By working with industry, we are showing that truly carbon-free flight could be possible, with hydrogen a frontrunner to replace conventional fossil fuels.”

Continue reading “A New Hydrogen Plane Can Fly Halfway Around the World Without Refueling” »

Dec 6, 2021

Debate: Bitcoin vs Gold with Anthony Scaramucci and Peter Schiff

Posted by in categories: biotech/medical, bitcoin, cryptocurrencies, economics, finance

Bitcoin Vs Gold: Peter Schiff Vs Anthony Scaramucci.

Peter Shiff makes several points about gold:

Continue reading “Debate: Bitcoin vs Gold with Anthony Scaramucci and Peter Schiff” »

Dec 5, 2021

The Metaverse Is Coming, and the World Is Not Ready for It

Posted by in categories: economics, virtual reality

Virtual environments have also shown promise for activists resisting digital authoritarianism. On Minecraft, Reporters Without Borders has sponsored an Uncensored Library where users could see content by dissident writers that had been censored in countries like Saudi Arabia, Russia and Vietnam. It’s possible that the metaverse may bring new promise for freedom and transparency across borders.

But the metaverse’s consequences may be even more radical.

If it becomes as all-encompassing as some predict, the metaverse may foster virtual communities, networks and economies that transcend borders and national identities. Individuals might one day identify primarily with metaverse-based decentralized autonomous organizations with their own quasi-foreign policies. Such a transition could mandate the reconceptualization of geopolitical affairs from the ground up.

Dec 3, 2021

NASA backs Blue Origin’s Orbital Reef space station

Posted by in categories: bioengineering, business, economics, space travel

Following October’s news that Jeff Bezos’ Blue Origin spaceflight company planned to build its own commercial space station in low Earth orbit, NASA announced on Thursday it has selected the program for funding through a Space Act Agreement to further develop the station’s design. The funding is part of NASA’s Commercial LEO Development program, which aims to “develop a robust commercial space economy in LEO, including supporting the development of commercially owned and operated LEO destinations.”

“We are pleased that NASA supports the development of Orbital Reef, a revolutionary approach to making Earth orbit more accessible to diverse customers and industries,” Brent Sherwood, Senior Vice President of Advanced Development Programs for Blue Origin, said in a prepared statement. The station would be an orbital “mixed-use space business park” that would offer any number of turnkey services as well as reduced operational costs for burgeoning low-g industries “in addition to meeting the ISS partners’ needs.”

Blue Origin is partnering with Sierra Space in this project with the former focusing on the architecture and infrastructure of the station — everything from its design and construction to managing lift logistics using the New Glenn heavy launch system — while the latter is tasked with developing the station’s LIFE (Large Integrated Flexible Environment). Boeing is also helping out, designing the operations-maintenance-science module and leveraging its Starliner crew capsule. Genesis Engineering Solutions is involved as well. It’s working on a single person spacecraft that tourists and employees alike will be able to putter around in.

Dec 2, 2021

Liberals Yet to Account for $600 Billion in Public Spending During the Pandemic. Don’t Expect That to Change

Posted by in categories: biotech/medical, economics, government

Here’s a quick reminder that one of the expected results of the current pandemic is the slow, controlled, but inevitable destruction of the Canadian economy as government assets are secretly pulled out of circulation and redistributed to international bankers and their wealthiest clients.

Prime Minister Justin Trudeau’s Liberal government is asking Parliament to approve billions in new spending during a brief four-week sitting in Ottawa, but is facing questions because it has not released a full accounting of how it spent more than $600Bln last year.

Page 71 of 229First6869707172737475Last