The UN has certified that the Delhi Metro has aided in the reduction of greenhouse gases, earning ‘carbon credits’. This makes the Delhi Metro the first of its kind in the world to do so.
This comes under the Clean Development Mechanism (CDM) of the UN under the Kyoto Protocol. The UN said the rail based system has helped to save 630,000 tonnes of pollution a year. The credits to the Delhi Metro Rail Corporation (DMRC) are worth $9.5 million for each of the next seven years. More credits would be given for more passengers on the system.
The credits are designed as a financial incentive for developing countries to reduce greenhouse emissions.
The Delhi Metro was started in 2002. According to the DMRC, it has reduced road traffic by more than 91,000 vehicles per day.
China launches the spacecraft Shenzhou 7, the third human spaceflight mission of the Chinese space program. The mission, which included an extra-vehicular activity (EVA) carried out by crewmembers Zhai Zhigang and Liu Boming, marked the commencement of the second phase of the Chinese government’s Project 921.
The Shenzhou spacecraft carrying the three crewmembers was launched 25 September 2008, by a Long March 2F (CZ-2F) rocket which lifted off from the Jiuquan Satellite Launch Center at 21:10 CST.
The mission lasted three days, after which the craft landed safely in Siziwang Banner in central Inner Mongolia on 28 September 2008, at 17:37 CST. The EVA carried out during the flight makes China the third country to have conducted an EVA, after the Soviet Union and the United States. Read More…
Space Exploration Technologies, also known as SpaceX, successfully launched their Falcon 9 rocket for the first time at 1845 UTC ( 2:45 pm EDT) of Friday from Kennedy Space Center at Cape Canaveral, Florida, United States.
SpaceX (Space Exploration Technologies Corporation) is an American space transport company founded by PayPal co-founder Elon Musk.
It has developed the Falcon 1 and Falcon 9, both of which are partially reusable launch vehicles.
The Falcon 9, second in the Falcon series of rockets, has a first stage that is powered by nine Merlin 1C engines, and a second stage powered by one Merlin vacuum engine.
Today’s inaugural launch carried the Dragon Spacecraft Qualification Unit (DSQU), a boilerplate version of the Dragon capsule.
The Dragon is intended to take cargo — and possibly people — to the International Space Station through NASA’s COTS program. The program is intended to help develop commercial space transportation, a goal that fits with President Obama’s recent change of direction for NASA. Under President Obama’s new plan, NASA would hand over the mundane task of Low Earth Orbit (LEO) launches to private companies, and instead concentrate on new technology development. Read More…
The Chrysler Corporation is founded by Walter Percy Chrysler on June 6, 1925, when the Maxwell Motor Company (est. 1904) was re-organized into the Chrysler Corporation.
Walter Chrysler had originally arrived at the ailing Maxwell-Chalmers company in the early 1920s, having been hired to take over and overhaul the company’s troubled operations (just after a similar rescue job at the Willys car company).
The Chrysler was a 6-cylinder automobile, designed to provide customers with an advanced, well-engineered car, but at a more affordable price than they might expect. Read More…
A train in China has derailed after hitting damaged tracks as it traveled between Shanghai and Guilin, a tourist destination in southeast China.
According to the Chinese Ministry of Railways, the accident occurred at around 0210 local time (1810 UTC) when the train hit a section of track that had been damaged by a mudslide. The derailment killed at least nineteen, and an additional 71 people were injured. Eleven of the injured have been seriously wounded.
The rescue operation cleared the tracks of both the derailed train and around 8,000 cubic meters of debris from the mudslide. An estimated 2,000 people took part in the rescue effort. Read More…
On 21 May 1894 Queen Victoria visited to perform the official opening. The Queen knighted the mayor of Salford, William Henry Bailey and the lord mayor of Manchester, Anthony Marshall at the opening of the Canal, during one of the three royal visits the Queen made to Manchester. Edward Leader Williams was knighted by the Queen on 2 July by Letters Patent.
The project took six years to complete, at a cost of just over £15M, and was in its day the largest navigation canal in the world. More than 54 million cubic yards (41,000,000 m³) of material were excavated, about half as much as was removed in the building of the Suez Canal. An average of 12,000 workers were employed during construction, peaking at 17,000. Read More…
The Board of Directors at Continental and United airlines approved a stock-swap deal that would combine them into the world’s largest airline on Sunday, May 2, 2010.
The airlines publicly announced the deal the next day. The new airline will take on the United Airlines name and be based out of United’s hometown of Chicago.
It will be run by Continental’s CEO, Jeff Smisek. UAL’s CEO, Glenn Tilton, will be non-executive chairman.
The deal will still need final approval from labor unions, shareholders, and antitrust regulators before being allowed to go forward.
Both airlines are taking losses in the recession and expect the merger to generate savings of more than $1 billion a year. Combined, they fly to some 370 destinations and carry 144 million passengers a year. Combined revenues will be about $29 billion.