Monthly Archives: January 2021

Dolezal appointed chair of Senate Science and Technology Committee – Forsyth County News Online

Posted: January 17, 2021 at 9:31 am

In recent years, local leaders have pushed to make Forsyth County a technology hub in the state, and now, one of the countys lawmakers will be leading one the Georgia General Assemblys science and technology committees.

On Tuesday, Jan. 12, District 27 state Sen. Greg Dolezal was appointed as chairman of the state Senate Science and Technology Committee, where he previously served as vice chairman.

As the technology around us continues to progress, its important that our state laws keep up with the changing times and adapt to meet current standards, Dolezal said in a statement. As one of the fastest growing technology hubs in the country, Georgia needs to continue to adapt its laws and regulations to fit the needs of the current economy and increase economic opportunities for those in the technology sector. I look forward to bringing my skills and experience in this field to work in this committee and I am excited to work with my fellow committee members to vet the bills assigned to our committee.

Along with chairmanship, Dolezal will also serve as secretary of the Health and Human Services Committee and as a member of the Education and Youth, Government Oversight and Reapportionment and Redistricting committees.

These committee chairs are uniquely qualified to develop real and lasting solutions aimed at building a better Georgia, Lt. Gov. Geoff Duncan said in a news release. The Senate will continue to prioritize diligent committee work and sound public policy, and I look forward to working closely with each one of our chairs, and their committee members, as we work to enact policies that advance both the lives and livelihoods of all Georgians.

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Casing Macron Technology Co., Ltd. (GTSM:3325) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The…

Posted: at 9:31 am

With its stock down 6.5% over the past three months, it is easy to disregard Casing Macron Technology (GTSM:3325). However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Specifically, we decided to study Casing Macron Technology's ROE in this article.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.

See our latest analysis for Casing Macron Technology

ROE can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) Shareholders' Equity

So, based on the above formula, the ROE for Casing Macron Technology is:

18% = NT$176m NT$954m (Based on the trailing twelve months to September 2020).

The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each NT$1 of shareholders' capital it has, the company made NT$0.18 in profit.

So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a companys earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

To begin with, Casing Macron Technology seems to have a respectable ROE. Especially when compared to the industry average of 11% the company's ROE looks pretty impressive. Probably as a result of this, Casing Macron Technology was able to see an impressive net income growth of 38% over the last five years. We reckon that there could also be other factors at play here. Such as - high earnings retention or an efficient management in place.

We then compared Casing Macron Technology's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 6.1% in the same period.

Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Casing Macron Technology is trading on a high P/E or a low P/E, relative to its industry.

Casing Macron Technology's three-year median payout ratio is a pretty moderate 39%, meaning the company retains 61% of its income. So it seems that Casing Macron Technology is reinvesting efficiently in a way that it sees impressive growth in its earnings (discussed above) and pays a dividend that's well covered.

Besides, Casing Macron Technology has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders.

In total, we are pretty happy with Casing Macron Technology's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. You can see the 5 risks we have identified for Casing Macron Technology by visiting our risks dashboard for free on our platform here.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. *Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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Fife housing development refused for trying to ‘squish’ 65 homes onto land – Fife Today

Posted: at 9:31 am

Springfield, based in Elgin, had hoped to build the homes in a field to the north of Bonfield Road.

The entire field has been designated by Fife Council as being suitable for up to 66 homes after planning permission in principle was granted in 2019.

However, Springfield sought to build all but one of those homes in just two-thirds of the plot, earmarking the remainder of the site for potential future development. Technical drawings included with the application suggested this could be as many as 14 extra dwellings.

The housebuilder described the proposals as a high quality residential environmentrespecting both the surrounding built and natural environment.

But its plans were criticised by Councillor Jane Ann Liston as a stealthy attempt to add more homes to the site than were permitted. She tabled a motion, approved by majority, to have the homes refused.

The Liberal Democrat said: The houses look awfully squished together. There are concerns this is a backdoor to get more houses in. Id be interested to hear what has to be said about that.

Residents of Strathkinness, a village of roughly 350 homes, made 32 formal objections to the plans, citing concerns over the developments density and the impact 65 homes would have on Strathkinness Primary School, which has 75 pupils on its roll.

Alastair Hamilton, Fife Councils development management service manager, sought to dismiss those concerns.

Density is something thats never a good indicator of whats good design, he said.

Its about how that works and how it sits as part of the kind of, natural expansion of a settlement.

I have to say, from my perspective it doesnt shout out at me as being a particularly dense layout.

He also suggested that, were the 65 homes approved, Springfield could come forward with further plans to build homes in excess of the 66 home limit.

Cllr Listons motion, backed by fellow Lib Dem Jonny Tepp, recommended refusing the plans on the grounds of a lack of physical amenity.

She said: What we have here is 65 houses that have been put into two thirds of the site. It is out of keeping, the houses next door have more space, these are too squished together.

The motion was passed by eight votes to five.

Springfield Homes was contacted for comment.

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An eye on the enemy – BusinessLine

Posted: at 9:31 am

Keep friends close, but enemies closer. That is the mantra behind a new technology now gaining ground. Cement production 4 billion tonnes worldwide annually accounts for 7 per cent of global CO2 emissions. The way to square it up is by making use of CO2 alongside cement in concrete production.

When you inject liquid CO2 into wet concrete, it turns into carbon dioxide snow, which reacts with calcium ions in the cement to form hard calcium carbonate nano particles. The dreaded greenhouse gas is therefore permanently imprisoned in concrete 17 kg of it per cubic metre of concrete.

The aim is the same as pouring water over freshly laid concrete for hardening it; only, the results are better.

The claim that carbonaceous concrete costs as much as conventional concrete may not be true. But whats important is that CO2-concrete has begun to attract climate funds. Last September, Amazon and Microsoft were part of a consortium that invested in Canadian company CarbonCure, a player in this technology, which aims at bringing down emissions by 500 million tonnes by 2030. All set for the future, so to speak.

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How carbon capture technology can add to the emissions problem – CBC.ca

Posted: at 9:31 am

Hello, Earthlings!This is our weekly newsletter on all things environmental, where we highlight trends and solutions that are moving us to a more sustainable world.(Sign up hereto get it in your inbox everyThursday.)

This week:

What On Earth27:01Can we really suck CO2 out of the air?

Carbon capture is often talked about as a climate solution, but a growing chorus of experts caution it may not be that effective, and in some cases could even add to greenhouse gas emissions.

"Direct air capture" promises to filter existing carbon dioxide out of the air, whereas "point-source capture" grabs carbon dioxide from smokestacks, ideally preventing emissions associated with things like steel, cement or power plants (like Saskatchewan's coal-fired Boundary Dam project) from even reaching the atmosphere.

But recent study of carbon capture processes casts doubt on their efficacy in reducing overall emissions.

In fact, a lot of captured carbon is being repurposed to extract more oil and gas.

"People have heard about carbon capture, they have this sort of warm and fuzzy idea that this can be something good to save us. And that's because they have this impression that we can have carbon-neutral fossil fuels," said June Sekera, a policy expert and visiting scholar at the New School in New York and senior research fellow at Boston University.

Sekera and a colleague reviewed 200 papers on the topic, including direct air capture and point-source capture. While captured carbon can be stored in a number of ways (including underground and in concrete), it is estimated up to 81 per cent is used in a process called enhanced oil recovery (EOR), a decades-old practice to extract remaining oil from an oil field.

The oil industry has touted this process as win-win more efficient extraction and reduced emissions. Some research suggests that the EOR process could store about half of the carbon dioxide used to extract oil. But that means it still emits more CO2 than it captures.

"A carbon removal process can be labelled as 'net-negative' when it removes more carbon dioxide than the emissions required to achieve that removal. But in the case of enhanced oil recovery, the extraction of oil is not in service of carbon removal," said Andrew Bergman, a PhD student in applied physics at Harvard University who contributed to a new book on CO2 removal and is helping develop carbon removal technology.

"Talking about the 'carbon content' of oil extracted using enhanced oil recovery obscures the fact that [it's] a process, very simply, for extracting oil," said Bergman via email. "Oil itself cannot be net-negative. Oil is oil."

Rather than assume we can replace other oil extraction with this particular method, Sekera said we should push for public policy measures to reduce the demand for oil.

"We need energy," she said. "We don't need fossil fuels to be that source of energy."

By extending the life of fossil fuels, Sekera worries it will delay the switch to renewable energy. It's a concern shared by Dale Marshall, national program manager with the organization Environmental Defence.

"Any time a government talks about fossil fuels being some kind of a bridge to a future sustainable world or a stepping stone to dealing with climate change, essentially what that means is we're going to delay the phasing out of fossil fuels," said Marshall.

Direct air capture technologies that filter carbon dioxide from the atmosphere have been demonstrated at a small scale including ClimeWorks in Switzerland and Carbon Engineering in B.C. (see photo above). But they would require massive amounts of renewable energy in order to take more emissions out of the atmosphere than they emit.

Some suggest that while we need to quickly shift to renewable energy, we should also think about how carbon removal, like direct air capture, could fit into the larger emissions-reduction picture.

"Fossil fuel companies [being] involved in carbon removal is controversial," said Shuchi Talati, a senior policy advisor with Carbon 180, aD.C.-based NGO. While she acknowledged that this sort of technology may be important in the interim, she said "the public should benefit from [carbon capture] technology."

Talati said regulation and transparency of carbon capture would allow governments to procure carbon storage as a public service.

"In my ideal future, none of this carbon would be going towards enhancing the [oil] recovery," she said. "It would be stored underground. And that's really how you benefit from that captured carbon when you permanently lock it away, whether it's underground or in materials like concrete. I think using it for [oil] recovery is not a way that the public can profit from those actions."

Molly Segal

Last week, Emily Chung wrote about some emerging eco-friendly consumer trends, including decreased meat consumption and increased active transport (like walking and cycling).

A reader named Urbano had this to say:

"Thank you for the article about green habits on the rise. May I also suggest you write one on the rise of groups such as the Buy Nothing Project. My neighbourhood Buy Nothing group has grown so much we recently had to split into several smaller groups.

"During the time I've belonged, I've seen food and tool sharing, people getting together to help neighbours in need furnish their apartments with items they no longer have need of and many smaller acts of sharing, such as passing on clothes no longer worn or household items they never use. In addition to building community, this means hundreds of items even food are not ending up in the waste stream."

In response to an item in the last newsletter about plastic pollution at a Serbian hydro-power plant, Debra Hayes said, "When I look at photos like those taken of the plastic-clogged Serbian dam, I think we are the plague and COVID is here to save the Earth from us."

There's also a radio show! This week, What on Earth asks: Does sucking CO2 out of the air live up to the promise? From capturing carbon at industrial plants to filtering it from the air, join host Laura Lynch for a look at what it all meansand if it is a viable part of our climate future. Listen to What on Earth on CBC Radio One on Sunday at 12:30 p.m., 1 p.m. in Newfoundland, orany time on podcast orCBC Listen.

Reducing carbon emissions and addressing the ancillary impacts of climate change are monumental tasks that require co-operation across jurisdictional boundaries. Let's face it that often doesn't happen. Governments at the national level have the money and legislative sway to address many environmental challenges, but they don't always demonstrate the will, which is why lower levels of government often feel compelled to act. Cities are hubs of social, economic and environmental activity, which is why several years ago, a number of them banded together to form C40, "a network of the world's megacities committed to addressing climate change" (their words). The list includes places like Paris, New York, Shanghai and Addis Ababa as well as Montreal, Toronto and Vancouver. C40 cities have taken bold steps on initiatives like renewable energy, reducing building emissions and phasing out plastics always with an eye on sharing knowledge.

In a sign of its seriousness about pivoting to electric vehicles, General Motors has announced that it is minting a new business called BrightDrop, which would build delivery vehicles using GM's Optium battery system. The fleet will include a van that can go about 400 kilometres on a single charge. This comes on the heels of a redesign of the company's iconic logo it's now lower-case and rendered in an electric blue.

A series of new studies suggests that the planet is losing one to two per cent of its insects every year. The list of causes should seem quite familiar by now they include climate change, insecticides, invasive species and changes in land use.

Worldwide carbon emissions during the pandemic have been down about seven per cent, but research by the New York-based Rhodium Group suggests it was more like 10 per cent in the U.S.

CBC News business columnist Don Pittis wrote about the broader implications of the introduction of water futures.

You could be forgiven if, amid the recent chaos of COVID-19 and U.S. politics, you missed some news related to what is arguably Canada's most valuable natural resource.

Just before Christmas, the CME Group, the New York-based market operator that takes its name from the Chicago Mercantile Exchange, began trading water futures. For the first time, Wall Street traders are now able to take a stake in the future value of water the way they have with other agricultural and mineral commodities.

As with gold or pork bellies or natural gas, commodities speculators may see it as a kind of sophisticated gambling on derivatives. But the intent of the new water futures market is to share the risk of unexpected price swings for farmers and other water users.

While traded in North America's financial capital, so far the water contracts being bought and sold are limited to five water districts in drought-prone California. But it could expand well beyond the Golden State.

"Climate change, droughts, population growth and pollution are likely to make water scarcity issues and pricing a hot topic for years to come," RBC Capital Markets managing director Deane Dray told Bloomberg Green.

Water remains big business. But the idea of the wet stuff as something to be bought and sold by Wall Street speculators does not necessarily sit well with those who study the economics of this resource in Canada.

"I find it quite disturbing," said Jim Warren, a Regina-based scholar and author of Defying Palliser: Stories of Resilience from the Driest Region of the Canadian Prairies.

Water has always been seen by economists as a special case. Like the air we breathe, it is more valuable to human life than gold or oil or even, in the short term, food. But because of its relative abundance, water's traditional price in Canada has been close to zero.

In the driest parts of Alberta and Saskatchewan, Warren said there are signs that may be changing. He points to events around the year 2000, when Alberta and Saskatchewan were suffering a serious drought and communities and their industrial users were running out of water in the Lethbridge area.

Warren said that under an implied threat from the provincial government, and for a financial consideration, irrigation associations of farmers who had allocations of water cut back on their use by about a third. Elsewhere, individual farmers who had allocations of their own made private deals with neighbours to share some of their water.

"It wasn't as if there were public auctions," said Warren. "At the curling rinks and coffee shops, you sort of figured out what it might be worth to sell some of what [you] had to others."

The situation demonstrated how water was already being commodified.

As a provincial resource under the Constitution, there is no single set of rules for water use in Canada. However, the general rule is that water cannot be bought or owned. Instead, it is allocated by provincial regulation.

Diane Dupont, a water economist at Brock University in St. Catharines, Ont., said in most cases, the water itself costs nothing for municipal and large industrial users and that creates problems of its own.

"Typically, they're paying a very low fee," said Dupont, author of Running Through Our Fingers: How Canada Fails to Capture the Value of its Top Asset. "They're not paying the value of the water."

Despite the apparent abundance of water in Canada, she said, low prices mean the best-quality water in many regions is in increasingly short supply and being overused.

Roy Brouwer, executive director of the Water Institute at the University of Waterloo, said that introducing various market price systems might fix that.

Of course, in the past, leaving speculators in charge of the price of essential goods such as when Enron helped bid up the price of gas and electricity in the early 2000s has sometimes worked out badly for end users.

"If you leave it completely to the market, you might end up with some of these extreme situations," said Brouwer. "Somewhere in between considering water a human right and the commodification of water through these water markets is probably where you want to be."

Don Pittis

Are there issues you'd like us to cover? Questions you want answered? Do you just want to share a kind word? We'd love to hear from you. Email us atwhatonearth@cbc.ca.

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Worldwide virtual prayer rally to be held for ‘Canada’s rabbi’ after cancer diagnosis – Kamloops This Week

Posted: at 9:31 am

OTTAWA, Ill. For a man who has devoted his life to promoting kindness, a diagnosis of advanced-stage cancer in his pancreas and liver might seem the unkindest cut of all.

But Rabbi Reuven Bulka, often dubbed "Canada's rabbi," says he has no complaints.

"In terms of having complaints to God or complaints that life isn't giving me a fair shake, that doesn't enter my mind," the 76-year-old beloved spiritual leader in Ottawa's Jewish community said in a telephone interview from New York City, where he has gone to be with his five children.

"I really feel blessed in the life that I've lived."

Over almost 50 years as rabbi and now rabbi emeritus at Ottawa's Congregation Machzikei Hadas, Bulka has spent countless hours at the bedside of dying people and consoling grieving family members.

It's an experience he feels has prepared him to face his own mortality.

"When you see it happening all around you, you know that nothing is forever."

Indeed, Bulka thinks it's beneficial to embrace that reality early on in life because it shifts your focus from the pursuit of pleasure to thinking seriously about the meaning of life and how to make the most of whatever time you have.

"It doesn't mean that we can't enjoy life but we shouldn't be obsessed with the pleasures without being totally also focused on the meaning and doing things which are important that actually enhance the human condition, that actually improve people's lives and have a lasting impact," he says.

"However long we're destined to live, when we say goodbye, that's an indelible part of one's resume. Nobody really cares whether you've golfed 1,000 rounds or 1,500 rounds It's how you impact others that really defines who you are."

Bulka has spent nearly his entire life trying to improve the human condition, starting at 16 when he took over rabbinical duties at his father's New York synagogue after his father suffered a serious heart attack.

He has championed causes like organ and blood donation, co-founded Kindness Week in Ottawa and spearheaded many events aimed at promoting tolerance and understanding among people of different faiths. He has imparted his wisdom in dozens of books, a weekly newspaper column and a weekly radio phone-in show.

Ottawa has given him the key to the city and named Rabbi Bulka Kindness Park in his honour. He's also been awarded the Order of Canada.

"He's really been a healer when there's been religious rifts in the city and he's respected by all faiths and people of no faith at all," says Ottawa Mayor Jim Watson.

"He's just been a stalwart of our community for so, so long and we can do nothing now but pray for a miracle."

On Monday, Congregation Machzikei Hadas will host a virtual "worldwide prayer rally" for Rabbi Bulka.

"In Ottawa, we like to claim him as our own but certainly he's everybody's rabbi," says Rabbi Idan Scher, one of Bulka's successors at the synagogue. "The moniker Canada's rabbi couldn't be more true."

Indeed, Scher adds: "The people that he's touched live all over the world."

Within a day of setting up a website last week (aprayerforrabbibulka.ca), Scher says about 2,000 people had registered to take part in the online rally. Former prime minister Stephen Harper and former Ontario premier Dalton McGuinty are among the dignitaries scheduled to speak at the event.

Bulka is probably best known to Canadians outside the capital from the annual Remembrance Day ceremonies at the National War Memorial a role he modestly suggests was given to him some 30 years ago because the government wanted to engage a local rabbi "on the cheap" rather than bring one in from Montreal.

Watson marvels that Bulka delivers his Remembrance Day sermons without referring to notes, never repeating the same message twice and always managing to capture a countrywide audience with "his words, his wisdom, his humour."

Former interim Liberal leader Bob Rae, now Canada's ambassador to the United Nations, says Bulka has also been a national leader in "breaking down hatred and building greater religious understanding and embracing multiracialism and multi-faith work."

He was among the first, Rae recalls, to reach out to Muslim groups when they faced a backlash following the 9/11 terrorist attacks on the United States in 2001.

Rev. Dr. Anthony Bailey, pastor at Ottawa's Parkdale United Church, recalls working with Bulka to organize a multi-faith blood donor drive in response to a spate of racist, anti-Semitic and anti-Islamic graffiti spray-painted on houses of worship in Ottawa in 2016.

"We were trying to make a statement that we basically support each other as human beings at the very level of blood," he says.

Bulka practices what he preaches, says Andrew Bennett, director of the Cardus Religious Freedom Institute and former ambassador for religious freedom during the Harper government.

"He is certainly a kind man, he really lives by that. But he lives it in a way that's not sort of superficial kindness, it's not sort of a Walmart-greeter kindness. It comes from a very deep place."

Christians and Jews alike believe that human beings "bear the image and likeness of God," adds Bennett, a deacon in the Ukrainian Greek-Catholic Church. "And it's very easy for me to recognize that image and likeness in Rabbi Bulka."

Bulka, like any human, says he thinks about things he should have or could have done.

"I would say a person who lives a life without regrets is probably living in La-La land," he says.

Still, he's grateful for everyone's "showing of appreciation and all their good wishes."

"We'll do our best. With God's help, hopefully we'll be able to live a little bit longer."

This report by The Canadian Press was first published Jan. 17, 2021.

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Jaguar Land Rover at heart of gigafactory plans – and it could be in Coventry – Coventry Live

Posted: at 9:31 am

A site for a gigafactory to make batteries for electric cars has been identified and could be in Coventry, according to the Mayor of the West Midlands.

Andy Street made the claim as he faced off criticism from Liam Byrne - a Birmingham MP and Labours candidate to become West Midlands Mayor - who claimed that thousands of jobs in the region are at risk because of the failure to secure a gigafactory.

Mr Street said Jaguar Land Rover are at the heart of the plans - as a company which would use batteries made there - and it has been claimed the facility could be built on land at Coventry Airport.

Mr Byrne published a report saying: Failing to create a UK-manufacturing base for electric vehicle batteries, through taking the necessary steps on funding certainty and process, risks a huge harm to the industry and losing 114,000 automotive jobs by 2040.

A similar warning was issued by Andy Palmer, former chief executive of Warwickshire car maker Aston Martin, who warned the UK will lose its automotive industry and the 800,000 jobs that go with it.".

Dr Palmer, who led Aston Martin until last May and is now non-executive vice chairman of InoBat Auto, a European electric vehicle battery producer, said: If the UK doesnt build giga-plants quickly, within a decade we will lose our vehicle manufacturers to countries where they can get local batteries.

But current West Midlands Mayor Andy Street, who will stand again as the Conservative candidate in this years mayoral election, said work on securing a giant factory to produce batteries for electric vehicles was well underway. A bid for funding, prepared in partnership with Coventry car maker Jaguar Land Rover would be presented within the next two months to the Department for Business, Energy and Industrial Strategy, which has made 500m available to help secure a factory.

A site for the proposed facility has been identified, Mr Street said. Details have not been revealed but options could include land at Coventry Airport.

With the Government banning the sale of new petrol and diesel-fuelled cars in 2030, car makers such as Jaguar Land Rover will increasingly shift to producing electric vehicles.

However, the batteries used to power these vehicles make up around 40% of their value. They are also bulky items which are hard to transport.

Industry experts say that car makers will shift production to sites close to car battery factories - which means UK plants could eventually close if there is no such factory here.

Mr Byrne said that unless the West Midlands battery factory is built, car makers will move their production to Europe, where 16 huge gigafactories are already up and running or in production.

He said: I want our region to a global capital of green manufacturing. Coventry has set out the site for a huge gigafactory in our region at Coventry Airport, and building British batteries for British electric cars could help create 60,000 jobs.

Right now, with unemployment rising fast, thats a shot in the arm we need to cut carbon - and create new careers with full time, well paid jobs.

The Government has set aside nearly 500m to spend over the next four years for the development and mass-scale production of electric vehicle batteries.

Business Minister and Stratford MP Nadhim Zahawi told the House of Commons: A gigafactory will support industry, provide high quality jobs and help the automotive sector transform over the coming decade - as we make strides towards our world-beating net zero goals.

Mr Street said: This has been a consistent theme of mine, that the electrification of the car industry is coming and we have to be ready for it.

I have for over a year been arguing that the Government has to put the cash on the table.

We do need this subsidy. We need a client - thats Jaguar Land Rover - a supplier, a site and the subsidy.

Talks were taking place with a number of potential suppliers, the firms that would manufacture the batteries, he said.

This wasnt going to happen immediately, Mr Street added. "There are people working now on the location, working on whats needed and, most crucially, working with Jaguar Land Rover on who will be the suppliers.

Mr Street pointed out that the region had already secured the 130m UK Battery Industrialisation Centre in Coventry, which will help develop and fast track batteries and provided the first steps towards getting

A formal bid for some or all of the 500m would be submitted to the Department for Business within the coming two months, he said. But he had already held talks with Kwasi Kwarteng, the new Business Secretary who last week replaced former Business Secretary Alok Sharma.

Mr Street said: I have had a couple of meetings with the previous Business Secretary, I was in touch with the new Businesses Secretary over the weekend to talk about this.

The debate over the gigafactory is set to become an issue in the forthcoming mayoral election scheduled for May, although it may be delayed due to the coronavirus pandemic.

Labour will attempt to argue that Mr Street, as a Conservative, should have been more successful in securing investment for the region from the Tory government at Westminster.

As well as Mr Street and Mr Byrne, other candidates will include chartered accountant Jenny Wilkinson, for the Liberal Democrats, and Solihull Council opposition leader Steve Caudwell, the Green candidate.

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Its in the interests of those who have more to not talk about money – Financial Times

Posted: at 9:30 am

By most measures, 2014 was a good year for Eula Biss. Her third book, On Immunity, impressed the critics. Sales were strong. Closer to home, her job teaching creative nonfiction at Northwestern University now looked permanent enough for Biss and her husband to take out a mortgage, leave their Chicago apartment and move with their young son to a more spacious two-bedroom bungalow a few miles north of the city. But she was uneasy.

The house felt enormous to me, Biss says on a video call. Ifelt kind of upset about it, like we have too much, we clearly have too much.

She tells a story from shortly after they arrived, when a Mexican woman with four children in tow rang the doorbell to inquire whether the curtainless and visibly empty front room was available to rent. Told that it was not, the woman asked why.

It was a deeply embarrassing moment, says Biss. I thought she was right, and I could see that by her terms and in her eyes we had plenty of extra space, and we should be sharing it. But it also kind of mortified me that this woman thought a family of five could use the space that we werent using.

Bisss new book, Having and Being Had, is in part a record of that discomfort, based on the diary that the writer, then in her late thirties, began keeping to document her feelings before it all started to seem normal. But the real subject, as has often been the case with her work, is much bigger than the intimate method might suggest.

I have never been as uncomfortable... as I was with putting down my own salary or what I paid for my house

Notes from No Mans Land, the 2009 collection that announced Bisss arrival as one of the leading lights of the modern American essay, examined race and racism through the prism of her own white identity; On Immunity looked beyond her experience as a mother contemplating vaccinations for her baby to the social contract underwriting our approach to infectious disease. Now, in Having and Being Had, she tackles capitalism, property and class privilege.

The new book has a more comic aspect than its predecessors, which seems to suit Biss, and theres an engaging kind of lexicographical drama to early chapters as she finds words that she had seldom wondered about breaking apart under the pressure of her inquiry. Work, she writes, is interfering with my work, and I want to work less so that I can have more time to work.

Bisss frankness about her own privilege, meanwhile, extends further than most would expect. We learn that she has a salary of $73,000 and a household income of $125,000; that she makes $8,000 renting out her house for a TV commercial, pays a mothers helper $8 an hour and spends $200 on a necklace. She leafs longingly through catalogues of paint that costs $110 a gallon and rounds down from $485,000 to $400,000 when she mentions the cost of her house to her sister a piece of dubious accounting that, on later consideration, persuades Biss to set a rule requiring her to give exact figures whenever money is mentioned in the book.

The point here is that we tend to compare ourselves with those who are wealthier, and so do not perceive our circumstances quite as the numbers would suggest. Did she find this a difficult rule to follow?

It was quite excruciating, and I was very surprised, says Biss. Ive written about vaccination, Ive written about race, Ive written about my own body, Ive written graphically about my childs birth Ive written about all these things that people consider sensitive or personal, and I have never been as uncomfortable with the material I was putting on the page as I was with putting down my own salary or what I paid for my house.

In search of an exception, I observe gingerly that the formula she uses to describe the advance that allows her to go part-time more than the total of what Ive earned from all my writing over the past twenty years was perhaps a little vague. The reason, it turns out, is that this was just a number floated by a publisher and the eventual figure, negotiated outside the period described in the narrative, was a little less. But because of the project, Im happy to tell you that the advance was $650,000, she says. Thats for two books, so Im only halfway through the work.

I apologise for prying but Biss brushes aside my discomfort. It seems to me that we have various different polite habits around talking about money, and one of them is that you never mention your salary, or that you avoid specific sums, she says. When I thought about, Well, who does this serve? Who does this way of thinking or talking serve?, it is always the people who have more...Its in the interests of the people who have more to not talk about money, to have these silences written into our conversations and our exchanges.

Raised near Albany, New York, the daughter of an artist and a doctor, Biss describes her parents as unconventional and anti-materialist. She makes herself sound like a dreamychild, most at home in the woods. But she thrived as an undergraduate at Hampshire College, Massachusetts, where the liberal ethos of self-directed learning suited Biss well enough for her to emerge from her studies with the core of her first book, The Balloonists, a work of prose poetry published in 2002. Then came various jobs in New York and California before she arrived in the Midwest to join the University of Iowas well-established writing programme.

Im interested in how Biss sees her works relationship to memoir and, while at pains not to disparage that form, she is very clear about this: the ideas come first, no matter how large the life experience might seem to loom. Her chief models were Joan Didion and James Baldwin, both of whom are central to the courses she now teaches at Northwestern, and she has written of being given permission to think by Susan Sontag, whose investigations into the language of disease in Illness as Metaphor were an important influence on On Immunity.

Today, as her work is held up alongside that of writers such as Maggie Nelson, Claudia Rankine and Leslie Jamison as evidence of a revival of the essay form, does she see herself as part of a literary movement?

Yes, the answer is very much so. Im not sure whether to call it a movement Idont know what it is. A situation? she says. A great many of these essayists are women and, for me, thats just tremendously exciting. And the other thing thats happened, at least in the US, is that this has suddenly become a viable commercial genre.

What does she think is driving this renaissance of the essay? Biss wonders, following the theorist Theodor Adorno, whether it is an essential genre for political moments that lean fascist, in which orthodoxies are being imposed or enforced. Theres less opportunity to be formulaic in the essay, she says.

A little later, she frames it in the most universal terms. When we see someone putting their life in relationship to history, thinking through their life in conversation with some other system of thought, I do feel like its a map or a template, she says. The service offered is that when that work is done well, it helps you, the reader, think through your own experience even if your own experience is vastly different from the authors. You dont have to share the authors experience, youre just walking the lines of their map.

I often thought of Bisss On Immunity over the past year, as slightly specialised virological termsthat I last encountered there became everyday buzzwords. We are talking in late December and Biss has been home schooling her son, now 11, since March.

It has really taken a toll on my writing time and my productivity as a writer, she says. I know this is true for women across the world there are huge dents being made in peoples careers because of the time thats been lost.

As someone who has written about anti-vaxxers, is she optimistic about the take-up of vaccines against Covid-19 in the US in the months ahead? Well, its been mishandled, she says. The communication around the vaccine has been so mishandled that I think a lot of damage has been done. That is not to say that the vaccine development itself has been mishandled, I dont know of any evidence that it has. But even just the naming of the vaccine development project, Operation Warp Speed...that is not going to inspire confidence in people. People want to know that care has been taken and that every precaution has been taken.

For Biss, the big exception in a year of tight lockdown came following the killing of George Floyd in the summer, when Black Lives Matter protests swept America. She participated in these with her family locally and speaks of a trip to Atlanta, Georgia, where friends of hers were campaigning for the removal of a Confederate monument. I was taking photographs because Icouldnt believe what was written on it, phrases like These men were of a covenant keeping race. The next day, it was gone it was taken down in the night.

Capitalism doesnt care about relationships between people, its not a system that is built toforward or enrich relationships

She feels hopeful about the movement. I think its just incredible, says Biss. It fills me with a sense of the wheels turning in a new direction, and makes me excited for my sons generation too you know, I dedicated Notes from No Mans Land to my son, he was born just a few months after it was finished, and as I was finishing that book, I did feel dismay about the world he was being born into.

How has the debate changed in that time? This sense of racism being a white problem, caused and promoted and continued by white people, that really was not in the air in any mainstream way when I was writing Notes...The white liberal position then was that the best way to not be racist was not to acknowledge race ever, to never speak of it, to be race-blind. Weve shifted far from that, and to the point where I think there are things in that book that now read as, to my eyes, very fumbling and naive.

Biss is already immersed in the second part of her two-book project, a more outward-facing, internationally focused collection of essays on land ownership. She tells me about a recent trip to Laxton in Nottinghamshire, home to Britains last surviving feudal open-field system, where farmers still cultivate strips. I thought it would be like a living history museum, she says. But that is not whats going on in Laxton, its not a demonstration its people who are dedicated to the continuity of a way of life.

Biss accepts that Having and Being Had is a less polemical book than its predecessors, focused not so much on articulating alternatives as on unpicking the contradictions she observes in her own life. Even so, theres an intensity to her gaze that any of us would find daunting.

Ultimately, the question for Biss was whether she could sustain her values in a world that she views as hostile to them.

Capitalism doesnt care about relationships between people, its not a system that is built toforward or enrich relationships, she says. My most major form of resistance is to privilegerelationships with people over other things.

Lorien Kite is the FTs deputy Life & Arts editor. Eula Bisss Having and Being Had is published this month by Faber & Faber

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Checks and Balances: Essential to the defense of liberty – Times Record

Posted: at 9:29 am

Michael Deel| Times Record

If men were angels, no government would be necessary … In framing a government which is to be administered by men over men, the great difficulty lies in this: You must first enable government to control the governed; and in the next place oblige it to control itself. James Madison, Federalist No. 51.

This eloquent quote by Madison hits at the heart of the Constitution. The central theme here is the idea of checks and balances or the separation of powers. This crucial component of the Constitution is displayed daily for America to witness. A recent example of this inaction would be COVID-19 relief and the ensuing struggle America has observed.

Madison says, Ambition must be made to counteract ambition.The framers of the Constitution understood tyranny and what it meant to be under British oppression. The construct of the separation of powers was designed to thwart despotism.

Often, we look at 18th century America through 21st-century lenses. America, in its historical context, was incredibly progressive and continued to move in a progressive trajectory. If we judge the past by current standards, then everyone and every institution would be considered horrific.

The framers of the Constitution realized it was impossible to obtain all the reforms they wished and still form a nation; however, what they did manage was a tremendous step forward. The doctrine of the separation of powers was put in place so that no one institution couldbecome tyrannical. The separation of powers balances factions one against the other to prevent overarching power from becoming concentrated. Its construction diffuses power between the branches, within the legislative branch, and between federal and state governments, acting as a check on unbridled ambitions. It is a safeguard to preserve our constitutional republic.

Michael Deel lives in Fort Smith and currently attends Johns Hopkins University in theMaster ofArts inGovernmentprogram. He can be reached on Twitter @MDeel2022 or by e-mail at mdeel1@jhu.edu.

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Ramaphosa hails late Bapedi king for striving to lead his people on path to economic prosperity – HeraldLIVE

Posted: at 9:29 am

President Cyril Ramaphosa said the country had lost a measured voice of reason and shining example of traditional leadership in Bapedi king Thulare Victor Thulare III, who died of Covid-19 related complications.

Thulare, 40, died a week ago, less than a year since he ascended to the throne.

It is with a deep sense of grief that we pay our last respects to Victor Thulare III, said Ramaphosa at Thulares funeral in Limpopo on Sunday.

The kingdom is once again engulfed by a very dark cloud. It was not so long ago when we welcomed the reign of a promising new leader. The passing of Kgoshi kgolo Thulare the third, who was so youthful, so visionary, so promising, so far-sighted and so full of life, has shaken our very being. We mourn with the royal family and the entire kingdom over this great loss.

He said those who came before Thulare, bravely fought against colonialism, oppression, the theft of their land and unjust taxation of their people without representation.

In his veins, he carries the blood of resistance. As he is embraced by his distinguished ancestors on this side, we are left weeping.

As government we convey our deepest sympathies and condolences to the royal family and the people of this province for this great loss.

Ramaphosa said while the government wanted to give Thulare a funeral befitting his status, it was constrained by the coronavirus pandemic.

It was this pandemic that prevented my planned visit to the king and to the royal household early in January. This visit was meant to be part of the commemoration of the formation of the ANC on January 8, in which the kings and the chiefs of this country played such a central part.

The time will come when we will be able to pay tribute to our loved ones. For now let us be safe and save lives. This pandemic has changed so much in our lives.

As we lay the king to rest, the country is in the midst of a second wave of the coronavirus infection, far more greater and vicious and for more destructive than what we experienced before. Many more people are infected, Ramaphosa said.

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