Here’s why regulating big tech is more easily said than done

first_imgGiven the difficulty in regulating these businesses, perhaps the easiest route for governments to follow is to increase the tax burden on them. Traditionally, tax has been one of the most effective ways of mitigating the market failure caused by monopolies.  Show Comments ▼ And then there are companies that provide services that are nominally free to users, such as Facebook.  Smaller companies would be unable to keep up. For shareholders in the larger tech companies, we can read this as a situation where there is short-term pain for long-term gain, in the form of barriers to entry in the future. But big tech firms tend to provide customers with a desirable service at a negligible cost, which makes them harder to tax. It seems likely that international coordination will be needed in order to increase the tax burden of big tech in the next few years. To summarise, current regulation in the US is not fit for purpose with today’s digital economy. Certain aspects of internet companies make competition in their respective markets unlikely, and politicians are likely to view increased regulation, rather than direct public provision, as the solution.  This has the benefit of allowing individual nations to decide what rate to tax their share of the tax base. The reason that this reform has taken so long is that it is difficult for countries to agree on a common formula. We think the idea has enough political momentum to happen in the medium term. How to break up big tech? Regulating technology companies is more easily said than done Main image credit: Getty Opinion Share Over the last few years, the public perception of technology companies has shifted quite dramatically. Large tech firms such as Google, Facebook and Amazon are no longer the darlings of the world. They are attracting the same kind of ire that financiers attracted a decade ago.  Tom RecordTom Record is fund manager at Majedie. fund manager, Majedie Given the essential role that scale plays in many tech firms, it is not clear that the kind of antitrust action that we saw in the US more than 100 years ago is relevant to today’s economy.  Sign up to City A.M.’s Midday Update newsletter, delivered to your inbox every lunchtime It seems likely that countries will coordinate on a supranational level to reform tax systems for the globalised twenty-first century. Examples of solutions include the Common Consolidated Corporate Tax Base that would allocate the taxable profits of a multinational corporation by a formula.  When we apply this metric to Amazon for example, we find that its ability to offer low prices is actively a plus to the consumer, despite its dominance of the e-commerce market.  Moving onto the issue of fake news being spread on tech platforms, we find an equally complicated situation.  It should be clear by now that no matter how governments approach the regulation of large tech firms, the path ahead will not be a straight one.  We know how to break up a rail company or an oil business into smaller components, but tackling the monopolistic power of a technology company would likely require a different approach, since a simple deconstruction would likely take away many of the elements that make it a successful company in the first place.center_img As a social network like Facebook grows in size, it is able to use data to offer better services, which in turn attracts even more customers. Facebook will remove anti-vaxxer accounts, groups and pages on Facebook and Instagram. (AFP via Getty Images) by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funnybonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comNoteableyAirport Security Couldn’t Believe These Jaw-Dropping MomentsNoteableyzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMisterStoryWoman files for divorce after seeing this photoMisterStoryJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USANinjaJournalistCareless Workers Caught In Jaw-Dropping MomentsNinjaJournalistDefinitionThe Funniest Yard Signs EVER WrittenDefinition It is also hard to see how the modern conception of pernicious monopolies applies to companies like Facebook and Google. In the 1970s, antitrust regulation was reformulated in terms that focused on consumer welfare: a monopoly was considered pernicious if it negatively impacts the price available to the consumer.  One of the main complaints here is that social media algorithms ensure that people only see news they agree with. This not only leads to a polarisation in political attitudes, but it also allows voters to be influenced by factually inaccurate reports. Tags: Google Tax Tax Even if you take into account the data that they farm from their users, it is hard to say that the consumer is not getting a good deal. Advertising revenues at Facebook are 43 cents a day per user, which results in a profit of nine cents in the US and three cents in Europe. Does a user get three cents worth of utility from the platform?  Thursday 20 February 2020 5:55 am whatsapp At the political level, this translates into a broad bipartisan support for regulating the sector, due to the opinion that the most powerful technology companies are monopolies that stifle competition. There are also concerns that they have too much control over the creation and dissemination of news. On both of these counts, regulation will be complicated.  Regulation is likely to segment these global businesses, as regional regulators focus on their preferred measures.  City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. whatsapp Research from 2012 also suggested that free digital services increase the consumer surplus in the US alone by over $100bn per year, which is equivalent to $300 per capita. So it appears that the new interpretation of monopolistic also does not fit technology. It is not clear how breaking up the companies could help with this — if for example, Instagram were separated from Facebook. But there is an argument that larger companies have the resources to invest in the workforce and the artificial intelligence needed to combat the spread of fake news.  Imposing a stricter framework of rules on tech companies is far from straightforward, as the most successful businesses tend to benefit from advantages that come from scale.  The complexity of many of these issues means that investigations will take many years, in which time the companies may have changed, perhaps in anticipation of the regulator’s judgements. Acquisitions will increasingly come under scrutiny and are more likely to be blocked. last_img read more

Divisions deepen as lawmakers tinker with Alaska’s oil tax credits

first_imgAlaska’s Energy Desk | Economy | Energy & Mining | State GovernmentDivisions deepen as lawmakers tinker with Alaska’s oil tax creditsMay 3, 2017 by Rashah McChesney, Alaska’s Energy Desk – Juneau Share:The sun rises on the North Slope between drill rigs, Nov. 6, 2012. (Creative Commons photo by Kevan Dee)Lawmakers in Juneau are still tinkering with the state’s oil tax credit system. Ranking members of both the Senate and the House seem to agree that the state needs to break free of a system that will leave it owing nearly $700 million in cash payments to oil companies by the end of the year. But Senate Republicans have completely rewritten the House’s version of a reform bill.Audio Playerhttps://media.ktoo.org/2017/05/02-oil-tax.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.So far this session lawmakers in the majority parties in both the House and the Senate seem to agree that the state oil tax credit system needs a change, but exactly what will change is unclear. A Democrat-led House bill that kicked off this year’s fight over oil tax credits passed into the Senate last month, and the  Republican-led Senate has crafted a version that looks a lot different. “I would say the Senate version of the bill is unrecognizable from the House bill, it’s that different,” said Anchorage Democrat Geran Tarr.Her House resources committee led the charge to push an oil tax credit reform bill through this session. When it passed, primarily along caucus lines in the House, it was designed to cut oil tax credits, a key part of her caucus’s plan to balance the state’s budget. The House’s bill cut credits that went to legacy fields like Prudhoe Bay. It doesn’t allow companies to dip below the state’s 4 percent minimum tax. And, it axed a credit that companies could trade to the state for millions in cash payments.  It would have raised North Slope oil taxes by up to $100 million per year in the next few years, according to the Department of Revenue.Industry is calling it a significant tax increase. And that bill landed with a thud in a Republican-led Senate that has agreed that some reform needs to happen but seems largely uninterested in substantively hiking taxes on the industry.  There lawmakers have crafted a bill that narrows the focus of the bill. Cathy Giessel’s Senate resources committee wrote the Senate bill. “In fact, you could argue that they’re the same issues that the House also has consensus with the Senate on…and the governor. That primary issue is the cashable credits simply have to be repealed,” Giessel said. ” We can’t afford them.”Under the cash credit program the state owes companies about $700 million in unpaid credits now and that could balloon up to $1 billion next year. Giessel said the Senate version of the bill also hardens the state’s minimum tax, but it allows companies producing new oil to take credits that would dip them below that minimum. The Senate version of the bill will have to go back to the House for a concurrence vote and it will likely run into opposition there. Tarr said, in it’s current form, it’s too generous. “This is not a version of the bill that will be supported by a majority in the House,” she said.Both the Senate and House versions of the bill have drawn criticism from oil and gas producers and an industry trade association, who have repeatedly asked lawmakers not to raise taxes during a low oil price environment. They’ve also warned of further layoffs and delays in developing projects. In public testimony,  some Alaskans have echoed those arguments.For some, like Alex Vaughan, the impact of low oil prices and budget cuts have already hit and  they’ve hit hard. He told a Senate Finance committee that he is leaving the state. “A year ago, I was working for Caelus Energy and they shut down the rig, which subsequently meant that I lost the job,” Vaughan said. “And likely within the next month, I’ll be headed to Texas, which is horrible.”Vaughan said his sister has been laid off from work in the industry as well. He was among the majority of people who told that finance committee they want to see a stable tax structure that would encourage growth in the oil and gas industry. The bill has a long way to go. The Senate finance committee has hearings scheduled to take it up every day for the rest of the week. If its version of the bill passes through the Senate, it will go back to the House. If it doesn’t pass there, the two bodies will have to form a committee to negotiate on it together. Share this story:last_img read more

‘Godfather, Coda’ Can’t Make Up for the Threequel’s Shortcomings

first_imgFilmEntertainment Industry‘Godfather, Coda’ Can’t Make Up for the Threequel’s ShortcomingsA new edit of ’The Godfather: Part III’ fails to improve upon the long-maligned ending to Francis Ford Coppola’s great American epicBy Steve Erickson – December 7, 2020422ShareEmailFacebookTwitterPinterestReddItOriginally released in 1990, The Godfather: Part III was never going to live up to expectations. Maybe because it wasn’t so much a failure as a missed opportunity, it became a movie that both fans and critics remade in their heads over the decades. Even writer-director Francis Ford Coppola has indulged in various edits of his oft-maligned film, from when it was first released on DVD in 2001 to a “new” version called The Godfather, Coda: The Death of Michael Corleone, available on Blu-ray and various digital platforms, including Amazon Prime Video, December 8. The first two parts of The Godfather—made in the early 1970s and winning nine Oscars between them, including two Best Picture awards—are, together, the Great American Epic, a grand, six-hour noir in which the femme fatale is the Statue of Liberty. With the rise of a crime family paralleling the rise of the American dream, the parts were already melded into a single legend in the audience’s mind by the time the third part came along almost two decades later (both in real time and the narrative time line).The Godfather: Part III was accompanied from the outset by a slight whiff of desperation. Coppola openly admitted at the time to needing the money. The studio was unwilling to pay Robert Duvall what he deserved to return. Coppola’s daughter, Sofia—just 18 at the time and doomed to unjustly become the film’s scapegoat—was cast in the role that Winona Ryder abandoned at the last minute. (Sofia’s success as a filmmaker in her own right has been her best revenge.) Worst of all, a struggling Paramount pushed to get the film out as quickly and cheaply as possible. An uneven movie hiding a better one, Godfather III is still full of great things, which are surely what lured Coppola back.The biggest change with Coda comes at the beginning, where a scene between mafioso Michael Corleone and an archbishop has been moved up half an hour. Coppola has also cut the film back from nearly three hours to about two and a half, probably due to common complaints by critics that the movie is too long, which isn’t actually the case. A narrative can seem too long when, in fact, it’s too short—when the pace is so frantic in an attempt to keep viewers’ attention in an ADHD culture that the story’s emotional stakes are not sufficiently established.The biggest and most irrecoverable problem with Godfather III, however, is its godfather. Of the many great things in the first two movies, nothing is greater than Al Pacino’s performance of war hero Michael Corleone transforming into a nihilistic mobster, as supreme a piece of acting as any in American film, ironically Oscarless even as it’s bookended by two Oscar-winning performances by Marlon Brando and Robert De Niro. In Part III, Pacino’s performance is never bad; often he’s very good. But by that point in his career, Pacino had turned into an outsize actor. It doesn’t make sense for his Michael—this Cain who slew Abel, sitting alone outside in the shadows at the end of Part II—to be an outsize character. He’s portrayed as a larger-than-life “Uncle Mikey” who cracks Tony Bennett jokes, and that’s a misconception of character that can’t be salvaged in the editing room.Understandably, the release of Coda will lead audiences to expect a different movie. So I have to report that I’ve watched both Coda and the original Part III back to back, and, other than the first scene, damned if I can tell much difference. At this point, there are some half a dozen iterations of the film among the various video, DVD, and cable channel versions, whose distinctions are nuanced at best. The closest to definitive is the 170-minute DVD/Blu-ray that came out in 2008. It has an extra eight minutes of texture, lyricism, and sweep, and it echoes most resonantly the “I believe in America” credo that’s muttered in the first Godfather’s opening shadows before we even know who’s speaking. Ultimately, Coda is an alternate version of a movie that was an alternate version to begin with, a fever dream of Michael’s future in lieu of the void to which he’s clearly doomed.Stay up to date with everything you need to know about L.A. by following us on Facebook and Instagram. TAGSFrancis Ford CoppolaFilmCoda: The Death of Michael CorleoneAl PacinoThe Godfather: Part IIIThe GodfatherPrevious articleMorning Brief: Joe Biden Taps California AG Xavier Becerra for a Cabinet PostNext articleMost Wanted: The Perfect Holiday Cards for a Shit Show of a YearSteve Erickson RELATED ARTICLESMORE FROM AUTHORHollywood Is Embracing a Post-Vax Slate Made to Fill TheatersYoung Filmmakers Set Out to Capture the Complexity of L.A. and the Results Are BeautifulWill the Documentary Boom Continue After COVID?last_img read more

S&P 500 and Dow Jones jump as US markets open higher on Greece deal – but euro continues to fall

first_imgStocks opened higher after this morning’s deal between Greece and its lenders.The S&P 500 jumped 0.8 per cent at the opening bell, while the Dow rose just over one per cent.  Earlier, European markets had all reacted positively to the news, opening higher and maintaining that optimism, with the FTSE 100 hovering around 6,713 mark in the mid-afternoon, 0.6 per cent up on Friday’s closing price, while Germany’s Dax was 1.2 per cent up and France’s Cac 40 rose 1.7 per cent. However, currency traders weren’t so quick to show their enthusiasm: the euro fell 1.07 per cent against the dollar, to $1.1043, and 1.17 per cent against the pound, to £0.71081.While some suggested foreign exchange traders had been waiting for this morning’s brief rally to unload euros, others pointed out that the currency was still on volatile ground.”The euro remains vulnerable to a resurgence of uncertainty over Greece’s membership of the single currency and the risks of contagion,” said analysts at Campital Economics.”But even if “Grexit” were off the table completely, the prospect of a sharp divergence in monetary policy between the US and the euro-zone points to renewed euro weakness. Indeed, any reduction in concerns over Greece – and China – may simply clear the way for the Fed to begin raising US rates sooner and further than the markets currently anticipate.” whatsapp Emma Haslett Show Comments ▼ S&P 500 and Dow Jones jump as US markets open higher on Greece deal – but euro continues to fall Monday 13 July 2015 9:58 am whatsapp Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesUndoGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndo Share Tags: Greek debt crisis Standard & Poor’slast_img read more

Security at May Pen hospital to be improved

first_imgAdvertisements RelatedSecurity at May Pen hospital to be improved RelatedSecurity at May Pen hospital to be improved RelatedSecurity at May Pen hospital to be improvedcenter_img Security at May Pen hospital to be improved Health & WellnessMarch 2, 2010 FacebookTwitterWhatsAppEmail Measures will be put in place to improve security at the May Pen Hospital, including erecting perimeter fencing.Minister of Health, Hon. Rudyard Spencer, addressing a meeting with staff of the Clarendon-based facility last week, expressed dissatisfaction with the existing arrangements to ensure the safety of staff and patients.He informed that a tender will be put out for a new contract with a security provider.In the meantime, he urged workers to give quality and committed service to people, who use the health facility.“Among you, there are persons, who are not behaving like how the majority of you are behaving. Some of you.it is important that you develop a different attitude,” the Minister told the workers.He noted, for example, that “a man may visit the hospital and the way you talk to that man, he leaves and so far as he is concerned, May Pen Hospital is the worst place that he could have gone.“In the interest of health care, it is your hospital, it is your patients, and you must make it work,” Mr. Spencer stressed.Member of Parliament for Central Clarendon, Hon. Michael Henry, and officials from the local health authority were also at the meeting.last_img read more

New facilities for students at Lakes Christian College

first_imgNew facilities for students at Lakes Christian College Staff and students at The Lakes Christian College in Castlereagh will benefit from a new outdoor multi-purpose area, funded as part of the Morrison Government’s Local Schools Community Fund Program.Minister for Education and Youth Alan Tudge and Federal Member for Lindsay Melissa McIntosh today opened the outdoor multi-purpose area, providing students and staff with the new facilities to reach their full potential.“This new, top-quality learning and recreational space will make a real difference in the daily lives of the students and teachers at The Lakes Christian College,” Minister Tudge said.“The Morrison Government invested $20,000 in this project which will give hundreds of students in The Lakes Christian College access to the best possible learning experience, so they have the best chance to excel.“More than $30 million has been provided through the Local Schools Community Fund Program to support schools across the country fund necessary small-scale projects.“The project is part of our record funding for Australian schools and will benefit not just current students, but those who study at The Lakes Christian College for years to come.”Ms McIntosh said students in our community deserve the best equipment and facilities for learning and play.“Opening this outdoor area also opens more opportunities for students at The Lakes Christian College,” said Ms McIntosh.“We’re investing through the Local Schools Community Fund to give local students the facilities and equipment they need to reach their full potential.“We want to see more healthy, active living for our students and this upgrade means better spaces to get outdoors. I can’t wait to see the students take full advantage of this fantastic outdoor area to learn and play.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, Australian, Christian, community, education, Federal, Government, Minister, Morrison, Morrison Government, project, space, students, study, the Lakes, Youthlast_img read more

Motor Mouth: Big rigs show us finding an emissions solution is no easy task

first_img The Rolls-Royce Boat Tail may be the most expensive new car ever We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Trending Videos Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Trucks park at a truck stop near Hesperia, California. ‹ Previous Next › PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca See More Videos Here’s a surprise, I suspect, even to automotive experts like me, those who pride themselves in “knowing” the automotive industry. The fastest growing source of transportation-based greenhouse gas emissions — the whole reason we’re supposedly going electric — is not from the diesel-powered cars or gas-guzzling SUVs environmentalists love to revile. Nope, despite our desire for ever-larger cars and pickups, the biggest increase in CO2 emissions is from the transport trucks that deliver the goods we eat, sleep (in) and wear.Consider the following statistics: According to Environment and Climate Change Canada, in 1990 cars and trucks accounted for 71.1 megatonnes of carbon dioxide tailpipe emissions; 18-wheelers just 20.7. Fast forward 25 years and, while passenger cars now account for 83 megatonnes of CO2, the over-the-road transportation industry pumps out 63.2 megatonnes. I’ll save you the math: While the cars and SUVs we drive now pump out 17 per cent more CO2 compared with 25 years ago, truck emissions have almost tripled.Now, before you get your hate on and start an anti-trucking Twitter war, know this: We are to blame for most of that increase. Truckers don’t drive for recreation or leisure. The main reason trucks are consuming more fuel is the simple fact that the Canadian consumer is buying more goods and shipping them overland. Canadian-wide numbers aren’t available, but the Ontario Trucking Association (OTA) reports that its members drove 70 per cent more kilometres in the same time frame, while in the U.S. the number of trucking miles driven has doubled since 1990. center_img A note from the author: For those wondering why we’re using more fuel  — that 17 per cent increase in CO2 emissions from 1990 to 2015 — despite the advancements in technology, the reasons are twofold. For one, we’re simply driving more cars — there were 15.3 million passenger vehicles registered in Canada in 1990, but 25.5 million are being driven today. More troubling, however, is that while the efficiency of the internal combustion engines powering our cars has improved, we consumers have compensated by buying bigger vehicles. So, while the University of Michigan’s Transport Research Institute notes that the average vehicle’s fuel economy has risen some 20 per cent since 2007, we have actually only reduced our carbon footprint by about two per cent. Emissions regulation slips through the cracks when it comes to recallsCompounding the problem is that, in trying to rid the big rigs of nitrogen oxide emissions — down some 94 per cent, says John G. Smith, editor of Today’s Trucking — that have been so much in the headlines recently, and those nasty diesel particulates that used to spew out of their stacks — also down about 90 per cent — those big diesels are now consuming more fuel. According to Stephen Laskowski, president of the OTA, diesel rig fuel consumption may be up as much as 10 per cent as a result of trying to clean up their tailpipes. Like Volkswagen found in correcting its Dieselgate woes, compliance for one emission can mean an increase in another.The reason all this might be of interest is that, according to Transport Canada’s Task Force on Vehicle Weights and Dimensions Policy Meeting, something called Cooperative Truck Platooning can dramatically reduce CO2 emissions. The result of its Fuel Economy Testing of a Prototype 3-Vehicle Cooperative Truck Positioning System, platooning — the dark art of slipstreaming behind the truck ahead — can save up to 14.2 per cent in fuel consumption. That’s a best-case scenario for a fully loaded 30,000-kilogram tractor-trailer streaming along at 105 kilometres an hour. But even an empty truck noodling along at 90 km/h will see an almost 8 per cent increase in fuel economy. And that’s not just for the trucks behind the wind-breaking lead rig, but the average fuel savings for a mini convoy of three. In other words, if three trucks maintained an even spread of 17 metres between them, there’s a good chance that — fully loaded or not; cruising at 90 km/h or 105 — platooning could reduce fuel consumption by as much as 10 per cent.Go back to those original numbers; a 10 per cent reduction in diesel truck consumption would see 6.3 fewer megatonnes of CO2 released into our atmosphere. For a little perspective, 6,300,000,000 kilograms of CO2 a year is roughly equivalent to the amount of greenhouse gasses emitted by all the buses, trains and commercial passenger aircraft operating in Canada. It’s also roughly equivalent of Tesla replacing about 1.5 million intermediate SUVs — in other words every Explorer, 4Runner and Land Rover LR4 sold in Canada for the next 10 years — with its emissions-free Model S. It would also be akin to every single registered automobile in Canada suddenly consuming 0.8 fewer litres of gasoline per 100 kilometres, i.e., enough to reduce Canadian passenger car greenhouse gas emissions to 1998 levels. Shades of the Paris Climate Agreement!There are, of course, are flaws in my rather simplistic argument. For one thing, a few truckers already platoon (though not as closely as Transport Canada’s experiment and, indeed, in some jurisdictions it’s illegal for truckers to slipstream within the experiment’s 17 metres). For another, some of the CO2 those freight trucks spew out occurs in urban areas where it is neither practical, useful or safe for multiple trucks to follow one another close enough to save significant amounts of fuel.That said, I suspect the main impediment against formalized — or even mandatory — platooning will probably turn out to be social. For safety’s sake, having trucks maintain such a close distance for such long distances would require sophisticated automated cruise control systems. Furthermore, to maximize the amount of platooning, trucks across North America would have to talk to one another — the much-lauded vehicle-to-vehicle (V2V) communication that is part of our proposed autonomous future — so that destinations, routes and speeds could be coordinated for maximum platooning.The problem is that cruising semi-autonomously and the ability to interact automatically with the infrastructure and other vehicles is but a small hop, skip and jump from the fully autonomous future that is threatening to put some three million North American truckers out of work. The other solution — electrifying our long-haul truck fleet as we are attempting in the passenger car market — is ridiculous. Long-haul truckers are famous for their time in the saddle without stopping, an impossibility for a battery-powered vehicle unless our roadways were converted to wireless charging as previously discussed in Motor Mouth.So, fuel-saving platooning or three millions jobs; nitrogen oxides or greenhouse gases? Like everything about the reduction of tailpipe emissions there are few simple answers. Trending in Canada RELATED TAGSMotor MouthMotor MouthNew VehiclesAutomotive TechnologyCanadaCars and Car DesignClimatologyCulture and LifestyleDavid BoothEarth ScienceEnvironmental Issues and ProtectionFord ExplorerGlobal Climate ChangeInternal Combustion VehiclesJohn SmithNature and the EnvironmentNorth AmericaOntario Trucking AssociationScience and TechnologySciencesStephen LaskowskiSUVs and CrossoversTechnologyToyota 4RunnerTransport CanadaTransport Research InstituteUnited StatesUniversity of MichiganVolkswagen AG advertisement COMMENTSSHARE YOUR THOUGHTS RELATEDvolkswagen.jpg?w=400&h=260′);”>Motor Mouth: Here’s what Canadian owners get from VW’s Dieselgatelast_img read more

JAS launches Farmers’ Month

first_imgRelatedJAS launches Farmers’ Month JAS launches Farmers’ Month AgricultureApril 8, 2011 By ALECIA SMITH, JIS Reporter RelatedJAS launches Farmers’ Month FacebookTwitterWhatsAppEmail KINGSTON — President of the Jamaica Agricultural Society (JAS), Glendon Harris, has praised farmers for their commitment to Jamaica’s food security, in spite of the challenges they face. “The farmers must be commended for consistently rising to the challenge of production, despite the increasing cost of input material, the vagaries of weather, praedial larceny and marketing issues, among other things,” he said. Mr. Harris was addressing Wednesday’s April 6 official launch of Farmers’ Month, at the JAS headquarters, downtown Kingston. The JAS President said it was important that the month of April is set aside to recognise Jamaica’s farmers, for their tremendous contribution to the development and growth of the society. “Support for this sector and the farmers is therefore most critical and, as facilitators for our stakeholders, the JAS places as priority, training, group dynamics and agricultural promotions such as agricultural shows and the Eat Jamaican Campaign,” he said. A number of activities are to take place across the island in commemoration of Farmers’ Month, including agricultural shows in St. Mary and St. James on April 25 and in Kingston and St. Andrew on May 21. The activities will culminate with a farmer’s health, wealth and wellness fair on April 30 at the Denbigh showgrounds, May Pen, Clarendon, starting at 10:00 a.m. “We invite all farmers, householders, private and public sectors, to be a part of an informative and highly important day, where we seek to place emphasis on the health and well-being of our people,” Mr. Harris implored. RelatedJAS launches Farmers’ Month Advertisementslast_img read more

South Africa’s MTN eyes acquisitions abroad – report

first_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 09 MAY 2014 Ken Wieland Previous ArticleApple in talks over $3.2B Beats Electronics acquisition — reportNext ArticleiZettle raises €40M for possible launch in more countries Home South Africa’s MTN eyes acquisitions abroad – report Tags MTN expects fintech spin-off within a year Ken has been part of the MWC Mobile World Daily editorial team for the last three years, and is now contributing regularly to Mobile World Live. He has been a telecoms journalist for over 15 years, which includes eight…More Read more MTN eyes $6B valuation for money unit MTN, which has operations in 21 countries across the Middle East and Africa – and is the second-biggest mobile operator in South Africa, its home market – is reportedly on the prowl for acquisitions to deepen its international presence.According to Bloomberg sources, Millicom International Cellular – which has operations throughout Africa – is one potential target.But striking deals further afield, in Asia, could also be on the cards. India’s Reliance Communications and Malaysia’s Maxis are on MTN’s radar, too, according to “people familiar with the situation”.They also say that Phuthuma Nhleko (pictured), MTN’s chairman, is leading the push for “transformational deals”.The report highlights that MTN’s ambitions for international expansion could be thwarted by South Africa’s government if any takeover deal diluted local stakes or stock-market listings shifted abroad.MTN’s attempted merger with India’s Bharti Airtel failed five years ago amid government opposition. Author MTN committed to Syria exit Related FinancialMTNPeopleRegulatorylast_img read more

Scott, Landry share first-round lead at Safeway

first_imgNAPA, Calif. — Slow starts plagued Adam Scott last season, a prime reason the former No. 1 player in the world was winless despite solid overall numbers. After taking a brief break, the 39-year-old Australian is back and emphasizing quicker, more aggressive starts. Andrew Landry is just looking for a jump-start after missing the cuts in the first two events of the PGA Tour this season. Scott and Landry shot 7-under 65 on Thursday to share the first-round lead at the Safeway Open. Francesco Molinari and Matthew NeSmith were a stroke back. Cameron Champ, Adam Long and Chris Baker shot 67. Playing in the morning pairings at Silverado Country Club, Scott had six birdies and an eagle to make up for an early bogey. Landry teed off 4 1/2 hours later and played bogey-free with seven birdies. ”This is a nice way to start,” Scott said. ”I would like to have a lead going into Sunday and see what I can produce, to be honest. I’ve been four and five back. It’s a lot to ask all the time when you’re as far behind as I kind of was.” Ranked 15th in the world, Scott hasn’t won on the PGA Tour since taking the Honda Classic and World Golf Championships-Cadillac Championship in consecutive weeks in 2016. Since then he has been up and down the scoreboard, frequently scurrying to catch up in the latter rounds after getting off to sluggish starts. That wasn’t the case in Scott’s season debut. Golf Central Stacked, packed leaderboard after Day 1 at Safeway Francesco Molinari, Andrew Landry and Adam Scott recap their opening rounds at the Safeway Open along with what it will take to stay out in front. Safeway Open: Full-field tee times | Full coverage Despite having only played two rounds previously at the picturesque, 7,166-yard course, he had four birdies on the front nine to compensate for a bogey on No. 13. After birdying two of the first three on the back nine, Scott drained a 53-foot putt for eagle on the 566-yard, par-5 fifth. ”Fun to kind of keep the momentum going and get the most out of the round,” Scott said. ”If I had complaints about last season, I didn’t get the most out of my good rounds or my good weeks. Today felt like I kind of got the most out of myself.” Scott saved par after his drive went into a green-side bunker on No. 7, made another par on No. 8, then narrowly missed a birdie and three-putted for par on No. 9 to close out his day. Landry had five birdies on the front nine. The Valero Texas Open winner last year, he saved par after going into the bunker on the second hole of the back nine, then birdied Nos. 5 and 8 to get to 7 under. ”I was rolling the ball so well that I just figured, hey, I can make a lot of putts right now,” Landry said. ”That’s kind of what I did all day. Ball-striking wasn’t as good as I wanted but the putting was there and made up for it.” Former NFL quarterback and current CBS analyst Tony Romo opened with a 70. Romo is playing on a sponsor exemption. If he makes the cut, he will skip Sunday’s NFL broadcast in Chicago between the Bears and Minnesota Vikings. Defending tournament champion Kevin Tway, Justin Thomas and FedEx Cup points leader Sebastian Munoz were in the group at 71. Munoz three-putted two par 3s to offset three birdies. Phil Mickelson shot 75, making a quadruple-bogey 9 on the par-5 fifth. Jim Furyk also had a 75.last_img read more