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Thursday, April 24, 2014
News Making Money

25 GM Plants Across U.S. Commit to Reduce Energy Costs

28/06/2013 13:25 (299 Day 21:31 minutes ago)

The FINANCIAL -- General Motors is participating in a U.S. Department of Energy program to reduce energy costs, per unit of production, at 25 of its U.S. facilities. The result is an anticipated 25-percent or greater combined reduction in energy use at the plants by 2018, according to General Motors.

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The Better Buildings, Better Plants program is a national initiative in which the DOE works with industry partners to promote greater energy efficiency in the U.S. industrial sector.

“We continue to prove the business case for better energy management,” said Al Hildreth, General Motors corporate energy manager. “Spreading the word about these benefits and sharing best practices with like-minded organizations will go far in reducing our nation’s energy consumption, and working with the DOE and EPA ENERGY STAR enhances this effort,” Hildreth added.

The program provides commercial and industrial building owners with assistance and proven solutions to enhance energy efficiency. It also encourages collaboration among companies to discuss lessons learned, according to General Motors.

 

“General Motors’ efforts are helping the nation benefit from energy efficiency. Together with the other partners in the Better Buildings, Better Plants program, GM’s actions will save billions in energy costs, create new manufacturing jobs, strengthen the nation's economic competitiveness and help protect the environment,” said Kathleen Hogan, deputy assistant secretary for energy efficiency, U.S. Department of Energy.

GM and the United Auto Workers work together to achieve the energy-reduction targets. Employees at Fairfax (Kan.) Assembly identified cost savings totaling more than $200,000 per year after attending a four-day compressed air training event conducted by the DOE.

“The UAW is proud to play a part in helping General Motors reduce its impact on the environment,” said Joe Ashton, UAW Vice President, who directs the union’s GM department. “By giving our members the proper energy management training, we can ensure that the facilities where they work will be up-to-speed on industry best practices for cutting carbon emissions,” he added.

Two hundred and eighteen energy-savings opportunities have been identified, which GM has taken advantage of for more than $7 million in savings, according to General Motors.

 

 

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Politics
“The former Yugoslav Republic of Macedonia”: presidential election and early parliamentary elections

23/04/2014 16:38 (18:18 minutes ago)

The FINANCIAL -- A 14-member delegation of the Parliamentary Assembly of the Council of Europe (PACE), led by Stefan Schennach (Austria, SOC), will travel to “the former Yugoslav Republic of Macedonia” from 25 to 28 April to observe the conduct of the presidential election (2nd round) and the early parliamentary elections, alongside observers from the OSCE’s Parliamentary Assembly and Office for Democratic Institutions and Human Rights (ODIHR), according to PACE.

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Markets
Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (4 Day 21:16 minutes ago)

The FINANCIAL -- In the last week of March, major Cloud Service Providers (CSPs) in Asia dropped their prices for core services dramatically and IDC believes that this will make it very difficult for smaller CSPs to remain in business if they continue to rely on provision of basic, undifferentiated services, according to International Data Corporation (IDC).







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