Instead of man’s shovel loads it is huge buckets of coal loaded to trains n transported on large barges to Mainland China. Meanwhile
Apr 3, 2012
A Chinese billionaire is teaming up with the most powerful man in the U.S. Senate to build a solar plant in a dusty corner of Nevada, even as officials accuse China of driving energy companies out of business by dumping cheap components on the American market.
ENN Group (ENNGZ) plans a manufacturing and generating facility worth $5 billion, more than all Chinese investment in the U.S. combined last year, in Laughlin, Nevada, a town pockmarked with foreclosed properties and the skeleton of a 14-story resort abandoned when the project went bankrupt.
Company founder Wang Yusuo, one of China’s richest men, has joined with Senate Majority Leader Harry Reid to win incentives including land 113 miles (182 kilometers) southeast of Las Vegas that ENN is buying for $4.5 million, or less than one-eighth of the $38.6 million assessors say it is worth. The project has produced legal work for Reid’s son, Rory, a lawyer at a Las Vegas firm that gave the Nevada Democrat more than $40,000 in the past three election cycles.
“This is counter to most logic,” said Thomas Maslin, an analyst at IHS Emerging Energy Research in Washington, D.C. “It doesn’t make sense in terms of supply and demand. The likely rationale is that because they’re building on public land they need to justify somehow the price through job creation and high- tech manufacturing.”
ENN’s project highlights the growing clout of Chinese capital in this country. Chinese investment in the U.S. jumped to 66 deals worth $4.5 billion in 2011, up from just 11 deals worth $146 million in 2003, according to the Rhodium Group, a New York-based firm that researches trade with China. While it is rising quickly, that total is still far lower than countries such as Switzerland, whose $42 billion infusion makes it the top foreign investor, according to a July report from the U.S. Commerce Department.
Solar panel prices have plunged almost 50 percent globally in the past 15 months, leading to the bankruptcy of equipment maker Solyndra LLC, with $535 million in U.S. government loan guarantees, and job cuts at other solar manufacturers. The Obama administration, under pressure to curb Chinese companies’ trade practices, imposed preliminary duties on March 20 of as much as 4.73 percent on solar equipment imported from China. Tariffs may prompt more Chinese companies to move their manufacturing facilities to the U.S., Maslin said.
ENN’s Nevada plan calls for solar panel manufacturing and generation facilities and an eco-community people can visit — part of what Reid proposes as an alternative-energy hub in a March 12 report called “Playing to Win in Clean Energy.”
Energy for California
Reid, 72, a Nevada Democrat who has led the U.S. Senate since 2007, promotes the project planned by ENN, based in Langfang, Hebei Province, as a way to put thousands of people back to work as his state struggles to overcome one of the nation’s highest foreclosure rates.
“It will generate the electricity California must have in just a few years — 30 percent of all electricity must come from renewable resources,” Reid said during a March 12 conference call with reporters. “This project is close to California. It’s within walking distance.”
An excuse to dump more fruit n Vegetables here in our Woolworths Supermarket
We well need our own growers market.. urgently. Our water is ruined to drink
and too high in iron & magnesia even for many vegetables n herbs.
More coal is being sent to China
Harking back to Australia’s injustice.
Originally posted on Pamea's Blog:
Well, the Shire has finally released the agenda http://www.broome.wa.gov.au/council/pdf/agenda/2010/20101209sa.pdf
for this Thursday’s meeting and it doesn’t make pretty reading. It seems they still don’t get it. After two community rallies, the second attended by up to 2,000 people, and after 300 people more than filled Council Chambers for the Special Electors Meeting, they still don’t get it! That is to say that the Shire’s employed officers don’t get it, based on their recommendations in this agenda; it’s time to see if our elected representatives are starting to get the message.
Originally posted on Ogichidaag's Blog:
White Millionaire Rancher Cliven Bundy who refuses to pay for grazing on public land. Government Backs Down After Heavily Armed Militia Nazis Show up to protest.
Now contrast this with the treatment of Western Shoshone Tribal…
View original 647 more words
Originally posted on peter's space:
The award winning documentary ‘Inside Job’ [2011 | US] by the veteran crusader, Charles Ferguson is the most insightful and illuminating amongst a number of such attempts that deal with the global financial crisis, which is wrecking lives and economies across the world to this day.
The reason is that it successfully challenges the myths and lies surrounding the root causes of the crisis and tells us exactly how and why it happened, in a simple and straightforward way that anyone can understand.
IsuruFoundation® highly recommends this great film to anyone who wants to know why we the public are paying with our lives for the treacherous shenanigans of the filthy rich and the powerful.
To read my review of the film and to rent or to purchase the DVD please go here:
To learn more about the film, please go to:
Calling Scotty Sky Tower and Other Choice Links
posted by Ana Samways at 12:47 pm
Scotty Sky TowerReach for the Sky: Auckland’s Sky Tower is looking for a new recruit to wear their “Scotty Sky Tower” mascot suit and entertain kids through the SkyCity education programme. But due to the size restrictions of the costume, applicants must not be taller than 5” 4.
Forget Pavlov’s Dog*, here’s Pavlov’s air steward: A Canadian company is promoting the EMD Safety Bracelet as an anti-hijacking device. It’s equipped with electro muscular disruption technology, which renders someone completely immobile for several minutes. Everyone on the plane will have to wear one and someone would have to have the transmitter. Sounds like a very bad idea. (* The phrase “Pavlov’s dog” is often used to describe someone who merely reacts to a situation rather than using critical thinking.)
The 2008 Texas Polygamist Wives Wall Calendar from Best Week http://www.spareroom.co.nz/2008/04/22/calling-scotty-sky-tower-and-other-choice-links/
Approximately 162,000 convicts were sent to Australia, often for the most petty of crimes, were treated as slave labour, and received the harshest of treatment. Norfolk Island, in particular, dished out harsh and inhumane punishment http://www.ironbarkresources.com/slaves/whiteslaves10.htm