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GM's Executive Officer Severance Policy General Motors executive officers are generally at-will employees who serve at the discretion of the Board. In early 2005, GM adopted a policy applicable to executive officers requiring stockholder approval of any severance benefits if: • The executive’s employment was terminated prior to retirement; and • The present value of the proposed severance benefits would exceed 2.99 times the sum of the executive’s annual base salary and target annual incentive. It would not be politically correct for Mr. Wagoner to receive a cash parachute. Most likely the Board of Directors will hand him a pile of stock options that will make him millions after GM recovers
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Still can't get the new Live Broadcaster to work, maybe it is a work firewall issue?
It is almost definately a firewall issue. Not sure what ports, but go to ustream.tv and see if anything works over there.
Bo, I can't get the chat to work. I think port 6667 is the problem.LaterJohn C. Briggs
Interesting story on the coal to liquids (CTL) "breakthrough". I'm not sure if the conversion process is about converting coal into gasoline. Most CTL projects I am aware of convert coal into diesel fuel not gasoline.
Now if they can convert coal to diesel oil (not gasoline as is usually protrayed in the press) using substantially less water then they will have something there but it is water intensive. It takes between 1/10th and 1/2 gallon of water to produce 1 kw-hr's worth of oil from coal. http://www.swhydro.arizona.edu/archive/V6_N5/feature2.pdf A 2006 GAO report detailed the problems with water availability for energy use. http://www.sandia.gov/energy-water/docs/121-RptToCongress-EWwEIAcomments-FINAL.pdf pg 29. West Viginia, Kentucky and Wyoming are projected over this decade, in the report to experience regional water shortages so the question remains where the water to run this project will come from?
Public opposition to these projects will be fierce too as public officials and citizens concerned about water availability will be averse to large energy industry uses of water.
When you balance energy vs. water water wins. Electric cars don't have anything to be worried about.
That's my take on it.
Rick, from the oil capitol of the world, Houston, TX.
