Tag Archives: europeans

There’s a new dystopian show to channel all your real-life fears.

One of the five newly installed turbines off the shore of Block Island, Rhode Island, will be late getting spinning because someone at the General Electric factory in Saint-Nazaire, France, left a six-inch drill bit inside it, which damaged critical magnets.

Fortunately, the turbine is still under warranty, so it’s GE’s responsibility to pay for floating new 60-pound magnets out to the broken turbine, hoisting them 330 feet into the air, and repairing the turbine’s generator.

The Block Island Wind Farm is noteworthy not because offshore wind is new (Europeans have been doing it since the ’90s), but because, as the first such installation in the U.S., it could herald a whole lot of offshore wind development along the Atlantic coast. The region is a significant user of coal, oil, and natural gas, but it’s geologically well-suited for offshore wind and many of its residents and leaders are motivated to switch to clean energy by the already-visible effects of sea-level rise.

Block Island has been getting its electricity from diesel generators, but now it will be able to ditch them (except for one it’ll keep for backup). Three other offshore wind projects in the region are already in the works.

See original – 

There’s a new dystopian show to channel all your real-life fears.

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The French Have Begun Bombing the Capital of ISIS

Mother Jones

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The French have begun bombing the Syrian city of Raqqi:

French warplanes struck Islamic State militants in Syria on Sunday, a French government official said, two days after attackers linked to the terrorist group carried out a coordinated assault on Paris that killed 129 people.

Prior to the attack on Paris, France had been sparing in its strikes against targets in Syria.

News reports in France said the airstrikes were focused on Raqqa, the city in northern Syria that is the self-proclaimed capital of the Islamic State.

This is unrelated but I was curious to know what life is like in a city under ISIS occupation and stumbled on this story from last year, which has the following surreal quote:

Abu Ibrahim al-Raqqawi, a pseudonym for a young anti-IS activist from Raqqa, told Al-Monitor the situation was dire. He said, “People in Raqqa are outraged. There are a lot of immigrants who came and joined IS: Americans, British, Germans, Europeans in general and from around the world. They are given special treatment, pampered by the organization.”

He added, “They are given the best homes and cars while locals pay taxes. They took the abandoned houses — some left behind by Christians, others by Sunnis — while those in the city who own more than a house are forced to give all other houses to the immigrants.”

Continued: 

The French Have Begun Bombing the Capital of ISIS

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Here’s Why Greece Is Having Such a Hard Time Getting European Agreement to Europe’s Own Proposal

Mother Jones

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The Greek austerity proposal has been approved by parliament, and since it’s essentially identical to the European demands of two weeks ago, everything should now be hunky dory, right? The Europeans will accept the Greek capitulation and move on.

Um, no. Emergency talks in Brussels are being held around the clock this weekend, and there are still a couple of big sticking points.

First: The new proposal is much bigger than the previous one. Back in June, Greece was asking for about €7 billion in loans that would cover its needs for a few months. Now it’s asking for €53 billion over three years, and European experts think even that number is too optimistic. Greece will really need about €74 billion—plus additional funds to recapitalize Greek banks, which have basically disbursed all their cash over the past couple of weeks. This raises several concerns:

The European proposal in June was meant to set conditions for releasing the final €7 billion in loans in Greece’s second round of bailouts. But the new Greek proposal essentially wants to use these same conditions as the basis for a third round of bailouts that would be bigger and longer-lasting. European finance ministers are skeptical, with many suggesting that the June proposal was never meant to cover a whole new round of bailouts. Something tougher is now required.
The fact that Greece estimates its needs at €53 billion and European technocrats estimate it at €74 suggests to many Europeans that Greece still can’t get its finances straight. This does little to boost confidence in the Syriza government.

Second: No one trusts Greece even slightly. The Europeans have never trusted the Greeks to implement the deals they agree to, and they still don’t. “What guarantees can Greece give they are actually going to implement what they propose?” Austrian finance minister Hans Jorg Schelling asked bluntly, echoing similar questions from the Dutch finance minister and others. Even Greek allies like France need to be convinced of Greek goodwill. “Confidence has been ruined by every Greek government over many years which have sometimes made promises without making good on them at all,” said French finance minister Michel Sapin.

After the events of the past two weeks, the issue of trust is even worse. Dutch state secretary Eric Wiebes notes that the commitment of the Greek government is a key concern. “That has been the weak point because, after all, we are discussing a proposal from the Greek government that was fiercely rejected a week ago.” And to make things worse, although the Greek parliament approved the latest proposal, it caused a serious schism in the Syriza party, with many members voting against it. “The parliamentary majority of the government now in Athens is being eroded,” Irish finance minister Michael Noonan said, “and they may not have the capacity to implement the measures they have agreed as time goes by.”

Things have now degraded to such a dire point that German finance minister Wolfgang Schauble has even floated the idea of a “temporary” five-year Greek exit from the euro. This is so batty that almost everyone else at today’s talks—including some of Greece’s strongest skeptics—thinks it’s both ridiculous and probably illegal too. But even though it’s not likely to be taken seriously, it does indicate just how frosty the Germans are toward any new bailout deal with Greece. It also gives ammunition to Greek critics who have maintained for weeks that Germany’s real goal is to kick Greece out of the euro.

So there you have it. The June proposal from the Europeans may have been OK two weeks ago, but it’s now past its sell-by date. Getting European buy-in to a new, third bailout for Greece continues to be a very delicate and knotty problem. Stay tuned.

Link to article:

Here’s Why Greece Is Having Such a Hard Time Getting European Agreement to Europe’s Own Proposal

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