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SNC Lavalin changing its name to AtkinsRéalis in effort to shed parts of its past

It’s a name change but the company will still be the main private sector force behind Canada’s current push for SMRs.

SNC Lavalin changing its name to AtkinsRéalis in effort to shed parts of its past

Stéphane Rolland, Christopher Reynolds · The Canadian Press ·

SNC-Lavalin is changing its name to AtkinsRéalis as it faces an “inflection point” in its 112-year history, according to CEO Ian Edwards, after a tumultuous decade for the engineering giant.

The rebrand follows 11 years markedby trouble with the law, including the Libya corruption scandal that tarnished its reputation and ensnared the highest office of the Canadian government, as well as lacklustre earnings at times.

The company also hopes to shed the costly backlog of big, over-budget rail contracts that has plagued it for years and launch expansion plans after a steady slim-down regimen and, until 2021, declining revenue and headcount……………………………………..

Doubts persist in the financial community that SNC’s newfound momentum will continue, particularly given its inconsistent performance over the years, said National Bank analyst Maxim Sytchev. But those worries can overlook the fact the company has a new management team and board of directors, he added

“While margin expansion is certainly possible, it is by no means an easy task,” Sytchev said.

“The Montreal-based company said its symbol on the Toronto Stock Exchange will change from SNC to ATRL as of Monday, Sept. 18.”

https://www.cbc.ca/news/canada/montreal/snc-lavalin-changes-name-to-atkinsr%C3%A9alis-1.6964149

September 14, 2023 Posted by | secrets,lies and civil liberties | Leave a comment

Nuclear Free Local Authorities back councillor’s call to preserve bunker as museum to folly of nuclear war

The UK/Ireland Nuclear Free Local Authorities is backing the recent call of
an Oldham Councillor for the preservation of the town’s nuclear bunker in
the name of peace. In January 2016, at a time when North Korea was testing
nuclear weapons, the Mirror newspaper posed a question of its readership:
‘Where are the best places in the UK to survive nuclear war?’ with the
surprising number one answer being the northern town of Oldham. Why?
Because when the new municipal Civic Centre was built, designers Cecil
Howitt and Partners built a bunker of reinforced concrete and brick beneath
it.

NFLA 12th Sept 2023

NFLAs back councillor’s call to preserve bunker as museum to folly of nuclear war

September 14, 2023 Posted by | culture and arts, UK | Leave a comment

The US Air Force Is Clearing Out Jungles In The Pacific To Prepare For War With China

CAITLIN JOHNSTONE, SEP 14, 2023 https://www.caitlinjohnst.one/p/the-us-air-force-is-clearing-out?utm_source=post-email-title&publication_id=82124&post_id=137027034&utm_campaign=email-post-title&isFreemail=true&r=1ise1&utm_medium=email

The US Air Force is clearing out jungles in the Pacific and replacing them with airfields for its coming war with China,
because there exist people on this earth who look at a jungle and think, “This should be replaced with an airfield to prepare for a war with China.”

There are people on this earth who say, “You know the world would be a much better place if all these trees and exotic insects and birds were replaced with long stretches of concrete lined with nuclear bombers on high alert.”

There are people on this earth who see bulldozing rainforests to make way for war planes as much simpler and easier than just making peace.

There are people on this earth who would rather stare down the barrel of nuclear armageddon than turn and stare at themselves.

There are people on this earth who would light the skies on fire before they’d take even a minute to just be here now.

There are people on this earth who would rather destroy everything than make peace with anything.

There are people on this earth who look at the staggering beauty of the natural world and think how wonderful it would be if they could tear it all down and funnel it into a factory to make Tomahawk missiles.

The biosphere is dying,
and we are hurtling toward nuclear war,
and it is so very, very heartbreaking,
and yet even in the midst of that heartbreak
nature shines as majestically as ever,
and some moments all you can do is take in the beauty
and take it as your solemn, sacred duty to appreciate it while it lasts,
and look at the trees and the bugs and the birds and the critters
who never had anything to do with this madness,
and bow as deeply as your body can bow,
and say I’m sorry.
I’m so sorry.

September 14, 2023 Posted by | Religion and ethics | Leave a comment

Germany advises against nuclear power in Uganda

The Independent September 13, 2023

Kampala, Uganda | THE INDEPENDENT | The Ambassador of the Federal Republic of Germany, Matthias Schauer, has advised against plans by Uganda to invest in nuclear power plants.

Ambassador Schauer joins a number of local and international experts who have advised Uganda against plans to put up 2000-megawatt nuclear.

Schauer, whose country continues to support Uganda’s clean energy projects and policies said nuclear power generation is not only costly but environmentally sensitive.

He was speaking at the launch of the Energy Policy for Uganda 2023 at the Sheraton Hotel in Kampala.

He said the plans to put nuclear power plants seem not to fit in the goals of the new policy.

According to the ambassador, Uganda is envied by industrial nations including Germany for its abundant hydropower and huge potential for solar power.

Germany stopped producing any electricity from its nuclear power plant in April this year.

He said Germany shut down its nuclear power plants for fear of disasters like the Chornobyl disaster in 1986 and the 2011 Fukushima Daiichi nuclear power plant disaster.

The Energy Ministry Permanent Secretary Irene Bateebe last year indicated that Uganda needs nine billion dollars to put up a nuclear power plant.

But the Ambassador says putting up a nuclear power plant costs between $15-20 billion.

The new policy which is replacing the one developed in 2002 identifies the development of nuclear as part of the plans for Uganda’s energy mix.

The policy among other strategies suggests Public-private partnership investments, including decommissioning, spent fuel, and radioactive waste management, in nuclear power development.

The government has in the past suggested a phased approach towards putting up the first reactors for the 2000-megawatt nuclear power plant by the end of 2031……………………………….

 https://www.independent.co.ug/germany-advises-against-nuclear-power-in-uganda/
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September 14, 2023 Posted by | AFRICA, politics | Leave a comment

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