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Share to Twitter Share to Linkedin Built Robotics has introduced an autonomous pile driving robot that will help build utility-scale solar farms in a faster, safer, more cost-effective way, and make solar viable in even the most remote locations. Called the RPD 35, or Robotic Pile Driver 35, the robot can survey the site, determine the distribution of piles, drive piles, and inspect them at a rate of up to 300 piles per day with a two-person crew. Traditional methods today typically can complete around 100 piles per day using manual labor. The RPD 35 was unveiled today at CONEXPO-CON/AGG in Las Vegas, the largest construction trade show in North America and held every three years. The 2022 Inflation Reduction Act “Building a Clean Energy Economy” section includes a goal to install 950 million solar panels by 2030. With solar farms requiring tens of thousands of 12- to 16-foot-long piles installed eight feet deep with less than an inch tolerance, … [Read more...] about Built Robotics Unveils Autonomous Pile Driving Robot, Expediting Solar Rollout

Japan Prime Minister Fumio Kishida shakes hands with his Indian counterpart Narendra Modi before their meeting at the Hyderabad House in New Delhi, India, March 20, 2023. REUTERS/Adnan Abidi TOKYO/NEW DELHI  – Japan ‘s Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo – Pacific , promising billion s of dollars in investment to help economies across the region in everything from industry to disaster prevention. The plan he announced in New Delhi is seen as Tokyo’s bid to forge stronger ties with countries in South and Southeast Asia to counter China ‘s growing assertiveness there. Kishida also said Japan wanted Russia’s invasion of Ukraine to end as soon as possible and called on the “Global South”, a broad term referring to countries in Africa, Asia, Oceania and Latin America, to “show solidarity” after his talks with Indian Prime Minister Narendra Modi. Kishida said there were four “pillars” to Japan ‘s new Indo … [Read more...] about Japan plans $75-B investment across Indo-Pacific to counter China

Share to Twitter Share to Linkedin The Pentagon has been tracking a suspected Chinese surveillance balloon which flew over sensitive areas in Montana in recent days, apparently the latest of several such incursions. President Biden reportedly proposed that the intruder be shot down , but the Pentagon opposed this action, citing the risk of civilian casualties. In fact, bringing down this type of balloon may be extremely difficult, as it is likely to be highly resistant to the available weapons. It may look fragile, but the sheer size and construction of a stratospheric balloon makes it all but invulnerable. There is also the problem of getting to it. Such balloons ride high in the stratosphere , far above the airliners. They do this to take advantage of the change in wind direction with altitude to steer themselves to where they are needed like sailing ships, then circling above a point of interest. The U.S. military has its own stratospheric spy … [Read more...] about Busting That Chinese Spy Balloon Is Harder Than You Think (Updated: ‘Well That Was Easy’)

Share to Twitter Share to Linkedin Amazo AMZN n founder Jeff Bezos has funneled $433 million to organizations focusing on climate change, the billionaire’s climate fund announced Monday. The donations were made through the Bezos Earth Fund, which Bezos launched last year with a $10 billion commitment over 10 years to address climate change, which he called “the biggest threat to our planet.” So far, the fund says it has distributed $1.4 billion in grants to nonprofits, NGOs and researchers working on the issue. The latest round of grants went to 44 organizations, with more than half of the total—$261 million—going toward protecting forests and other ecosystems in the Congo Basin and the Tropical Andes. About $130 million went to organizations focused on climate justice for disadvantaged communities in America and another $51 million went toward land restoration in the U.S. and Africa. Some of the largest individual grants were awarded to the … [Read more...] about With Jeff Bezos’ Latest Grants, Here’s How Far Along He Is On His $10 Billion Earth Fund Giving

Share to Twitter Share to Linkedin Key Takeaways UBS Buying Credit Suisse Bitcoin Rally Fed Meeting Up In The Air Following a week of turmoil in the banking sector, stock indices managed to close the week in the green on Friday. For the week, the S&P 500 was up just under 1.5% while the Nasdaq Composite jolted higher by nearly 4.5%. With concerns over banks still lingering and a Fed announcement on interest rates coming on Wednesday, markets may be headed for more choppy trading. Over the weekend, UBS agrees to buy Credit Suisse in a $3 billion deal. However, some of the more risky bond positions there are going to be a total loss which will cost investors a significant amount of money. Therefore, I’ll be watching the bond market closely for any after-effects. A byproduct of the banking crisis has been a flight to safety in U.S. Treasuries. That has, in turn, led to lower interest rates. After hitting a recent high water mark over … [Read more...] about Banking Stocks And The Fed

Share to Twitter Share to Linkedin It’s just not right that a devious criminal can afford one of Malibu’s most spectacular oceanfront homes. At least that was what viewers saw in the 1995 crime thriller Heat in which a group of high-end professional thieves start to feel the heat from the Los Angeles police department when they unknowingly leave a clue at their latest heist. The home, used in the movie as the residence of a criminal mastermind played by Robert De Niro, is now listed for $21 million. Al Pacino also starred in the film as a Los Angeles police detective in hot pursuit of De Niro after several plot turns and dramatic shootouts. ADVERTISEMENT The Malibu location is in one of Southern California’s best neighborhoods, Malibu Cove Colony, with an eclectic mix of guard-gated oceanfront homes. The ultra-contemporary home was designed by architect Ron Goldman. ADVERTISEMENT At close to 3,500 square feet, the two-story house … [Read more...] about Malibu Oceanfront Home Showcased In ‘Heat’ Hits The Market For $21 Million

Republican Texas Sen. Ted Cruz introduced three pieces of legislation Monday that would accelerate oil and gas permitting in the U.S. to make energy secure in the country. The Daily Caller first obtained the three bills, the first of which is titled the Energy Freedom Act. The legislation would accelerate federal permitting for energy projects and pipelines; mandate new onshore and offshore oil and gas lease sales; approve pending liquified natural gas (LNG) export licenses; and speed up solar, wind and geothermal development. The second bill, titled the Federal Permitting Modernization Act (FAST Act), would require federal agencies to reform and prioritize federal approvals by requiring timelines: five days for federal agencies to notify the public of the project by publishing details in the Federal Register; 30 days to publish those environmental documents for review; 60 days for the public to comment on those documents and 30 days for the public to approve or disapprove the … [Read more...] about EXCLUSIVE: Ted Cruz Introduces Three Bills To Accelerate Oil And Gas Permitting

A firefighter hoses down flames from the Mosquito Fire as it burns in Foresthill in Placer County, California, US, September 7, 2022. REUTERS/Fred Greaves UN Secretary General Antonio Guterres warned that the “climate time bomb is ticking” as he urged rich nations on Monday to slash emissions sooner after a new assessment from scientists said there was little time to lose in tackling climate change. “The rate of temperature rise in the last half century is the highest in 2,000 years,” he said. “Concentrations of carbon dioxide are at their highest in at least 2 million years. The climate time-bomb is ticking.” In a recorded address, Guterres described the sixth “synthesis report” from the UN’s Intergovernmental Panel on Climate Change (IPCC) as “a survival guide for humanity” and urged developed countries to commit to reaching net zero emissions by the earlier date of around 2040. The synthesis report summarised findings from three expert assessments published between 2021 and … [Read more...] about ‘Climate time bomb ticking’, emissions must urgently be cut – UN chief

Federal Councillor and chief of the finance federal department Karin Keller-Sutter, Swiss Federal Council (Bundesrat) President and chief of the interior federal department, Alain Berset, Chairman of the Swiss National Bank Thomas Jordan and Chair of the Board of Swiss Financial Market Supervisory Authority (FINMA), Marlene Amstad attend a news conference on Credit Suisse after UBS takeover offer, in Bern, Switzerland, March 19, 2023. REUTERS/Denis Balibouse/File photo ZURICH – Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a move that would jolt the globe. While the nation’s central bank and financial regulator publicly declared that Credit Suisse was sound, behind closed doors the race was on to rescue the nation’s second-biggest bank. The chain of events, led to the erasure of one of Switzerland’s flagships, a merger backed by 260 billion Swiss francs ($280 billion) … [Read more...] about Switzerland’s secretive Credit Suisse rescue rocks global finance