|By PR Newswire||
|February 11, 2009 11:39 AM EST||
Unions and Industry Group Release Study Citing Economic Impacts of Advanced Coal Electric Generation
The Industrial Union Council of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), the International Brotherhood of Boilermakers (IBB), the International Brotherhood of Electrical Workers (IBEW), the United Mine Workers of America (UMWA), and The American Coalition for Clean Coal Electricity (ACCCE), today released a study entitled "Employment and Other Economic Benefits from Advanced Coal Electric Generation with Carbon Capture and Storage Technologies (Preliminary Results)."
The study estimates the employment and economic benefits resulting from deployment of advanced coal-based electricity generation facilities (power plants) equipped with carbon capture and storage (CCS) technologies that reduce carbon dioxide emissions. Depending on how many CCS-equipped plants are deployed, some 5 to 7 million man-years of employment could be created during construction, and a quarter of a million permanent jobs added during operations (see table below.)
Conducted by BBC Research and Consulting, the study assumes that 20, 65 and 100 gigawatts (GW) of advanced coal-based electricity generation equipped with CCS are added to the nation's generation mix. (One gigawatt provides enough electricity to power 300,000-400,000 homes. There are slightly more than 300 gigawatts of coal-based power plants in operation today). In addition, the study estimates the benefits of HR 6258, introduced by Representative Boucher in 2008, that provides independent funding support for the early commercial demonstration of CCS technologies.
A U.S government economic model was used to calculate the resulting benefits in terms of jobs, output, value-added (GDP) and labor income associated with both the construction and operation of advanced coal-based facilities equipped with CCS.
Preliminary results of the study are summarized in the tables below:
Cumulative Benefits During Construction Benefits 100GW 65GW 20GW Boucher Jobs 6.9 4.5 1.4 0.2 (million job years) Output $1.1 $0.7 $0.2 $0.03 (trillions) Labor Income $368 $240 $75 $12 (billions)
Annual Benefits During Operations Benefits 100GW 65GW 20GW Boucher Jobs 251 153 48 7.5 (thousands) Output $58 $36 $11 $2 (billions) Labor Income $17 $10 $3.2 $0.5 (billions)
"This study demonstrates that developing CCS technology in America is a win-win-win for all concerned," UMWA International President
"The results of this study show the importance of deploying CCS technologies, not only because of their potential to reduce greenhouse gas emissions, but also because of their substantial economic benefits, At the same time, we must ensure that these technologies are developed and commercialized as rapidly as possible to achieve these benefits. " said
A full version of the study can be obtained at: www.americaspower.org.
Websites for additional information:
Industrial Union Council, AFL-CIO: http://www.aflcio.org/issues/jobseconomy/manufacturing/iuc/
International Brotherhood of Boilermakers: http://www.boilermakers.org/
International Brotherhood of Electrical Workers: http://www.ibew.org/
United Mine Workers of America: http://www.umwa.org
American Coalition for Clean Coal Electricity: http://www.cleancoalusa.org/
SOURCE American Coalition for Clean Coal Electricity
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at Built.io, examined how Docker has evolved into a highly effective tool for application del...
Nov. 26, 2015 07:00 PM EST Reads: 309
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Nov. 26, 2015 04:00 PM EST Reads: 374
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
Nov. 26, 2015 03:30 PM EST Reads: 519
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
Nov. 26, 2015 03:30 PM EST Reads: 440
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
Nov. 26, 2015 03:15 PM EST Reads: 515
We are rapidly moving to a brave new world of interconnected smart homes, cars, offices and factories known as the Internet of Things (IoT). Sensors and monitoring devices will touch every part of our lives. Let's take a closer look at the Internet of Things. The Internet of Things is a worldwide network of objects and devices connected to the Internet. They are electronics, sensors, software and more. These objects connect to the Internet and can be controlled remotely via apps and programs. ...
Nov. 26, 2015 02:15 PM EST Reads: 495
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
Nov. 26, 2015 01:00 PM EST Reads: 388
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Nov. 26, 2015 01:00 PM EST Reads: 286
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 26, 2015 12:00 PM EST Reads: 145
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
Nov. 26, 2015 11:30 AM EST Reads: 118
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Nov. 26, 2015 11:00 AM EST Reads: 442
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
Nov. 26, 2015 11:00 AM EST Reads: 121
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
Nov. 26, 2015 10:00 AM EST Reads: 283
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
Nov. 26, 2015 09:45 AM EST Reads: 366
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
Nov. 26, 2015 09:30 AM EST Reads: 372