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Search resuls for: "James O'Malley"


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☆ China's 'social credit' system ranks citizens and punishes them with throttled internet speeds and flight bans if the Communist Party deems them untrustworthy
  + stars: | 2022-11-28 | by ( Katie Canales | Aaron Mok | ) www.businessinsider.com   time to read: +10 min
Since China doesn't have a central social credit system, many local government agencies have been experimenting with what the system could look like. But the plan is for the social credit system to eventually be mandatory and unified across the nation, with each person given their own unique code used to measure their social credit score in real-time, per Wired. In fact, a national social credit system is currently being proposed. Companies will also be at risk if China passes on its Establishment of the Social Credit System law. Citizens with good social credit can also get discounts on energy bills, rent things without deposits, and get better interest rates at banks.
☆ India is harnessing renewable energy through the world's biggest solar farm. Here's how it happened.
  + stars: | 2022-11-22 | by ( James O'Malley | ) www.businessinsider.com   time to read: +6 min
Meanwhile, the world's richest countries pledged to contribute to a fund that would help developing countries deal with climate disasters. Since construction began in 2015, Bhadla Solar Park has slowly grown to cover an enormous 5,700-hectare desert site with solar panels. Sustainable financeThe park was built in four phases, with each field of solar panels larger than the last. "Transmission lines take about ten times as long to build as it takes to put up solar panels," Mukherjee said. "When you see technology costs dropping, sometimes precipitously like they have with solar panels, then the opportunity to do more just grows and grows."
☆ Britain's electric grid transformation was sparked by political cooperation
  + stars: | 2022-11-15 | by ( James O'Malley | ) www.businessinsider.com   time to read: +7 min
Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. That didn't happen by accident: They are the result of a profound transformation of Britain's national grid. "The revenues you got as a wind generator were still tied to the market price, which is set by gas," Lord said. "The risk does not go away," Rahmat Poudineh, the director of research at the Oxford Institute for Energy Studies' electricity program, said. "Cornerstone of decarbonization"In any case, Britain's national grid today is in a much greener position than it once was, and the scale of the transformation is striking.
☆ Investments in infrastructure has fueled Germany's transition to hydrogen-powered trains
  + stars: | 2022-11-07 | by ( James O'Malley | ) www.businessinsider.com   time to read: +6 min
In Lower Saxony, in northern Germany, the first hydrogen-powered commuter trains were officially commissioned for full-time service after two years of extensive testing. Otherwise, the lack of hydrogen infrastructure would have rendered the project not viable. Alstom is positioning the iLint as a like-for-like replacement for diesel trains serving regional rail routes that have not been electrified. According to Soua, maintenance costs on hydrogen trains are much lower, and hydrogen-powered trains will cost less than diesel after about 15 years of operation. The company has already signed up its second customer from Germany, as the Rhine-Main region has ordered 27 iLint trains, and similar contracts have been inked in Italy and France.
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