Word: plantes
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...their 35-hour week in return for a guarantee that their jobs would not be moved to Eastern Europe. "Everyone had come to accept the fatality of it - either they approved it or they lost their jobs," says Serge Truscello, a Bosch employee and union leader at the plant. In June, workers at two Siemens mobile-phone factories in Germany agreed to extend their workweek from 35 to 40 hours with no extra pay in order to keep 2,000 jobs from being shifted to Hungary. That created a copycat effect, as other German companies demanded worker concessions at their...
Last Monday morning - a scorcher in Greece - was a bad day at the Lavrion power station. First, a valve linked to unit 2 of the plant, 80 km southeast of Athens, was found to be leaking. Technicians repaired it within a few hours, but then found that one of three transmission pipes feeding water into the station's boilers was steaming up and ready to burst. Its automatic shutdown system kicked in, causing all four units of the power station to halt. That took about 1,200 MW from the country's grid and brought electrical reserves to a dangerously...
...money," Birol says. In a report on energy investments issued last fall, the IEA said Europeans would have to invest $1.3 trillion over the next 30 years. The problem used to be that prices were too low, averaging €25-€30 per MW-h, so building new plants didn't make economic sense. Prices are now up to about €35 per MW-h - still below the €40 threshold experts say is necessary to make building a new plant economic. Ian Russell, chief executive of Scottish Power, has said prices are still too low for him to invest...
...shoulders with hordes of other visitors in overcrowded malls and theme parks this summer fill you with dread? Then let horticulture come to the rescue: at this time of year, many of the world's destination gardens are looking their best, and you don't have to be a plant buff to enjoy their charms...
...lack of good results. In a laboratory experiment run with M.I.T.'s Malone, Intel used a market to make a coordination decision: which factories should produce computer chips and when. In the experiment, a centralized, strategic plan was replaced with a market in which salesmen and a plant manager traded futures contracts representing chips. The result was nearly 100% efficiency in allocating manufacturing capacity. That experiment echoed another, real-life market triumph. In 1998 oil giant BP set out to reduce company-wide greenhouse emissions 10%. Instead of issuing plant-by-plant dictums, the company let plant managers trade permits...