China Dominating Solar Energy Market
Thanks to huge loans from the Chinese Government, solar manufacturing has shifted from being led by a geographically disperse group to one dominated by Chinese companies.
What's the Latest Development?
The solar manufacturing sector has gone from being led by a geographically disperse group of companies to one dominated by the Chinese. Thanks to huge loans from the Chinese Development Bank, Chinese solar companies are pushing American solar firms out of the market. "The Chinese strategy is very clear. They are engaging in predatory financing and they're trying to drive everybody else out of the market."
What's the Big Idea?
This has enabled China's solar producers to grow to gigawatt scale in a very short period of time, turning the country into a leading exporter of solar and pushing down prices dramatically. From a project development perspective, the steep price drops are a very good thing. But manufacturers trying to make product outside of China and other Asian countries are getting hit hard.
How a cataclysm worse than what killed the dinosaurs destroyed 90 percent of all life on Earth.
While the demise of the dinosaurs gets more attention as far as mass extinctions go, an even more disastrous event called "the Great Dying” or the “End-Permian Extinction” happened on Earth prior to that. Now scientists discovered how this cataclysm, which took place about 250 million years ago, managed to kill off more than 90 percent of all life on the planet.
A new study discovers the “liking gap” — the difference between how we view others we’re meeting for the first time, and the way we think they’re seeing us.
We tend to be defensive socially. When we meet new people, we’re often concerned with how we’re coming off. Our anxiety causes us to be so concerned with the impression we’re creating that we fail to notice that the same is true of the other person as well. A new study led by Erica J. Boothby, published on September 5 in Psychological Science, reveals how people tend to like us more in first encounters than we’d ever suspect.
Using advanced laser technology, scientists at NASA will track global changes in ice with greater accuracy.
Leaving from Vandenberg Air Force base in California this coming Saturday, at 8:46 a.m. ET, the Ice, Cloud, and Land Elevation Satellite-2 — or, the "ICESat-2" — is perched atop a United Launch Alliance Delta II rocket, and when it assumes its orbit, it will study ice layers at Earth's poles, using its only payload, the Advance Topographic Laser Altimeter System (ATLAS).
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