Stating that we have a “moral obligation to leave our children a planet that’s not polluted or damaged,” the Obama administration today announced a Clean Power Plan that will lower carbon pollution from U.S. power plants by 32% by 2030. The final target is 9% stricter than the proposed ruled, but provides more time and more flexibility for states to comply with new emissions limits.
Prime minister Narendra Modi has made reviving Asia’s third-largest economy a priority since coming to power in May 2014, introducing a number of reforms aimed at boosting demand and investment, and resulting in a 52.7 PMI reading....More
Prices dived over the weekend after OPEC said it would not cut output -- currently about 30 million barrels per day -- in response to recent lower prices, fending off competition from U.S. shale....More
After other potential industrial partners had been contacted about purchasing minority stakes in the French energy giant Areva, EDF winds up buying somewhere between 51% and 75% of its nuclear reactor unit....More
Plex Systems CTO Jerry Foster and VP of development Jason Prater discuss what they're at work on in the cloud and what they see for the future of manufacturing technology ... and why we won't all become robotic drones of death....More