Jeff Bezos, the founder of Amazon, gave a talk to a members-only event at the Yale Club in New York on Tuesday. During the 30-minute lecture, Bezos said his private aerospace company, Blue Origin, would launch its first people into space aboard a New Shepard rocket in 2019. Bezos also questioned the capabilities of a space tourism competitor, Virgin Galactic, and criticised the goal of Elon Musk and SpaceX to settle Mars with humans. Ultimately, Bezos said he wants Blue Origin to enable a space-faring civilisation where “a Mark Zuckerberg of space” and “1,000 Mozarts and 1,000 Einsteins” can flourish. Bezos advised the crowd to hold a powerful, personal long-term vision, but to devote “the vast majority of your energy and attention” on shorter-term activities and those ranging up to 2- or 3-year timeframes. Jeff Bezos may be the richest human on Earth, as the founder of Amazon, but his ultimate dreams reside within a relatively obscure … [Read more...] about Jeff Bezos just gave a private talk in New York. From utopian space colonies to dissing Elon Musk’s Martian dream, here are the most notable things he said.
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Morocco recently unveiled the first high-speed railway system in Africa, which connects the coastal city of Tangier with the capital, Rabat, and Casablanca, the country’s business hub. Eventually, it will travel to the tourist destinations of Marrakech and Agadir. Last month I rode the train roughly the distance between New York and Washington DC in two hours. The ride, which takes over five hours on conventional rail, will eventually be cut down to 90 minutes. I found the experience delightful, with cheap first-class tickets, plush comfortable seats, air-conditioned cabins, plenty of leg room, and an interior design that evoked the golden age of rail. While the $US2 billion train system is impressive, it’s hard not to think of the robust public debate currently happening in Morocco, which has left some critics questioning the economic viability of the train. People often visit Morocco for a glimpse of the past. There are snake charmers and monkey tamers putting on … [Read more...] about I rode Africa’s first superfast bullet train that could go from New York to Washington DC in 90 minutes, and I understand why it’s controversial
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | PG&E Bankruptcy Could Deal Blow to Its Solar-Power Suppliers’ Finances Supported by ByIvan Penn and Peter Eavis Jan. 17, 2019 LOS ANGELES — Pacific Gas and Electric promises that its customers’ lights will stay on if it follows through on plans to file for bankruptcy this month. But companies that supply the California utility’s electricity may have more to worry about. PG&E said Monday that it would use bankruptcy to resolve huge liabilities arising from two years of deadly wildfires. Such a move would allow the company to try to revoke or renegotiate contracts it signed with suppliers when power prices were higher than they are now. That, analysts said, could hurt companies that borrowed based on the higher prices — especially those whose power comes from … [Read more...] about PG&E Bankruptcy Could Deal Blow to Its Solar-Power Suppliers’ Finances
By Anita Sharpe Bloomberg Michael Sasso Wed., Dec. 5, 2018 In what could signal a new era in aviation, the Chattanooga Metropolitan Airport is about to be the first airfield in the U.S. run on 100-per cent solar power. The airport began installing solar panels this week and expects by the end of next month to derive all of its power needs from the sun. It marks a turn of events that might have shocked newscaster Walter Cronkite, who once declared the south Tennessee town “the dirtiest city in America.” Representatives from nearly 50 airports, ranging from islands in the Caribbean to oil shale-rich Jordan, have travelled to Chattanooga or otherwise reached out to learn about the project since the city launched the effort seven years ago, John Naylor, vice president of planning and development at the Chattanooga Metropolitan Airport Authority, said in an interview. Two hours south of Chattanooga at the world’s busiest airport, Atlanta’s … [Read more...] about The first solar-powered U.S. airport is in city once called ‘dirtiest’
Christopher Martin and Kevin Crowley, Bloomberg Published 3:52 pm CST, Wednesday, November 28, 2018 Exxon Mobil Corp. will use renewable energy to produce oil in West Texas. >>PHOTOS: The early oil booms of Texas Exxon Mobil Corp. will use renewable energy to produce oil in West Texas. >>PHOTOS: The early oil booms of Texas Photo: Richard Drew, STF / Associated Press Photo: Richard Drew, STF / Associated Press Image 1 of / 20 Caption Close Image 1 of 20 Exxon Mobil Corp. will use renewable energy to produce oil in West Texas. >>PHOTOS: The early oil booms of Texas Exxon Mobil Corp. will use renewable energy to produce oil in West Texas. >>PHOTOS: The early oil booms of Texas Photo: Richard … [Read more...] about Exxon will use wind, solar power to produce oil in Texas