The people claiming that our economy will collapse under the burden of efforts to reduce greenhouse-gas emissions are the same ones who tout the free market’s infinite ability to solve technical problems.
Until the events of 9/11, the skywalk collapse at the former Hyatt Regency hotel in Kansas City, Mo., was the most devastating structural failure ever in the U.S. in terms of loss of life and injuries—and the cause was a direct result of engineers who violated their ethical code
Energy storage is a hot topic in California, where lawmakers are mandating that the state’s three biggest utility companies provide 33% of their electrical energy from renewable sources by 2020. Southern California Edison, Pacific Gas & Electric and San Diego Gas & Electric are mandated to buy a total of at least 1300 MW of energy storage to help make the plan work.
Key phrases that are included in many construction contracts, such as “Additional Insured” and “Notification Requirements,” can be maddening if not fully understood.
The effectiveness of contractual risk transfer is more strained than ever. Upstream parties have attempted to toughen the insurance requirements in their construction contracts, utilizing terms that truly alter the intent of the requirement. And, which may, or may not, be insurable. Insurers are pushing back.