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Jimmy Carter, the 39th president and a Nobel Peace Prize recipient, has died at 100
While most investors around the world are scrambling to ditch coal plants like bad habits, a defiant European billionaire is still pushing all his chips in for this technology - scooping up these assets in a brazen move to cement coal’s place in the energy mix for many more decades to come. Czech billionaire Pavel Tykac, who owns Sev.en Global Investments, is on globe-trotting coal acquisition expedition - snapping up these power plants like rare collectibles. His reported latest conquest? A two-unit coal plant in Vietnam, but he’s not stopping there—his sights are still set on expanding his coal empire across Asia, Australia, and the United States, eyeing everything from coal mines to coal-fed plants. Sources in the coal industry suggest that Tykac’s buying spree is fueled by a fire-sale frenzy sweeping through energy markets, as many companies and even some countries are eager to flaunt their ESG credentials and have been seriously embracing energy transition goals, hence, they tend to unload coal plants even at bargain basement prices. The Czech business magnate started his pursuit to extend coal’s reign in his own country -- seizing both a coal mine and a power station, then he expanded his venture in other European energy markets. Coal’s defiance of the energy transition Whether at the negotiation chambers of the United Nations-led climate change diplomacy or at the power-laden policy tables of energy markets, the burning question persists: will coal be finally cast aside in the evolving energy mix, or does its grip on the future remain unyielding? And this very question echoes at home - that despite Philippine policymakers’ fervent drive to propel renewable energy (RE) investments on a massive scale - a relentless tug-of-war still rages between ambitious green goals and the deep-rooted reliance on fossil fuels to still power the nation’s economic growth. The Department of Energy (DOE) has steadfastly declared that: despite the 2020 coal moratorium, projects already in the pipeline—or those with permits and pre-development milestones—will continue to underpin the nation’s energy capacity, a harsh necessity in the face of a glaring baseload supply deficit that demands immediate action. Clashing voices reverberate: staunch anti-coal environmentalists and advocacy groups ferociously condemn the government for greenlighting new coal plants, while pro-coal investors argue that developing nations like the Philippines deserve a slower, more measured energy transition – all that while pointing fingers at industrialized nations for the lion's share of the climate crisis now jeopardizing the planet. For now, at least three major players have thrown their hats into the ring, unveiling plans for additional coal plant developments: the Aboitiz group’s 150-megawatt Therma Visayas expansion in Cebu, Meralco PowerGen’s massive 1,200MW Atimonan planned coal facility in Quezon, and Semirara Mining and Power Corp's targeted move to resurrect its 700MW Saint Raphael project in Batangas. In bold strokes, several of the country’s leading banks - chief among them RCBC of the Yuchengco group and Ayala-led BPI - have unflinchingly declared that they will no longer finance new coal plants, though they’ve tempered this commitment by acknowledging that existing coal projects, those funded before the shift and already on their books, will continue to be part of their loan portfolios. Other banks, however, have taken ‘more conservative stance’ on coal project financing, leaving the field still open, thus, it is interesting to see which financial giants will blink first to reinforce the gamble for the continued installation of new coal plants in the country despite the growing pressure for change. It’s also a guessing game whether the DOE’s coal retirement plan will be taken seriously under the current administration, or if the government will hold on to every last megawatt of existing coal capacity to stave off tight supply predicaments - particularly for the overburdened grids of Luzon and Visayas. Suffice it to say that the domestic energy market has morphed into an unforgiving mystery puzzle—packed with more questions than answers about coal's future, as this well-entrenched tech is now fighting tooth and nail for its reign while it locks horns with the country's ambitious green energy transformation. For over two decades, the Philippines has been caught in an endless loop of threatening power crisis—that was since the deregulation and restructuring of its power sector in 2001 by virtue of the Electric Power Industry Reform Act (EPIRA). Then each time, the default solution has been coal plants as project sponsor-firms claim that this technology remains the cheaper, albeit not a cleaner option, if compared to gas-fired plants that could promise lower carbon emissions. In the grand scheme, it’ll be intriguing to see if the future will prove that Czech billionaire Tykac’s play on stretching coal plant lifecycles will persist as a defining force in global energy mix— that in addition to his coal asset acquisitions fattening his bank account, the energy transition might still be clinging to coal like a stubborn old friend, powering economies long after it was supposed to have left the party. For feedback and suggestions, please email at: [email protected]
No. 22 Syracuse looking for 10 wins in 1st year under Fran Brown against depleted Washington State(Image: Google) (Image: Google)In the landscape of digital memory, screenshots have been our personal and very informal archive – collections of information captured in moments of urgency or inspiration. Google 's Pixel Screenshots feature emerged from understanding how people interact with digital information, leveraging artificial intelligence to reimagine how people capture, store, and retrieve the fragments of information that compose their daily experiences. In a candid conversation that peeled back the layers of Google's innovation, Times of India - Tech caught up with Friedman, one of the key architects behind the Pixel Screenshots app. Max Friedman , Pixel Product Manager at Google, recalls the team's initial contemplation about personal computing. "Our phones are becoming the most important device for us," he explained. "However, a lot of the experiences on your phone aren't actually personalized.” This observation wasn't just a critique but a starting point for reimagining how technology could better serve user needs. The core philosophy behind Pixel Screenshots is deceptively simple: enhance an existing user habit without demanding additional effort. "Users are already taking screenshots. They're already using those screenshots later on to reference information or complete tasks," Friedman noted. The challenge was to close the loop, making the screenshot journey seamless and intelligent. The team's approach was unconventional. Instead of building another agent, Friedman explains that the team wanted to think of AI more like a sidekick that helps you around on your journey, something. Their inspiration? The magical house in Disney's animated musical fantasy, Encanto. "We thought about what if we could make the Pixel phone gradually more like the casita from Encanto, in the sense that it adapts to your needs as they come," Friedman said. Before the December Pixel drop, screenshot management was evolving towards more intelligent solutions. Google's new approach aimed to solve a common problem: the challenge of finding specific information within a growing collection of screenshots. "We've all been there - you know you saved that restaurant's address or your friend's Wi-Fi password somewhere, but scrolling through hundreds of images is a challenge," explained Sarah Chen , Google's VP of Pixel Software, during the Made by Google event, back in August, when Google announced the "Pixel Screenshots" with the Pixel 9 phones. The Pixel Screenshots app introduced a new approach to digital information management. Powered by Google's Gemini Nano technology, it could analyze and organize screenshots in real-time, transforming them from static images into searchable information repositories. Users could now ask specific questions like "What was Sam's Wi-Fi password?" or "When does that concert go on sale?" The app would scan through saved screenshots, extract relevant information, and provide answers alongside the source image. The fundamental challenge was understanding user behavior. People take screenshots constantly – concert tickets, restaurant recommendations, Wi-Fi passwords, product details – but retrieving that information later becomes a digital treasure hunt. "We wanted to take an existing habit that users already have, and just make it better and more useful without requiring any additional effort," Friedman articulated. (Image: Google) What's new with Pixel Screenshots in the December's drop, is this philosophy manifests through several nuanced features and it’s existence beyond just a mere app. First up is Gboard integration, which is a practical solution much welcomed. Friedman shared a personal anecdote: after screenshotting a concert ticket for an artist he didn't know, the app automatically surfaced the musician's music in Spotify. Just so you know, Gboard is the default keyboard app on Pixel phones, and as for the apps it works with, it works with all the Google apps and selected third-party apps, which Friedman says will continue to grow. Another integration that introduces another layer of interaction is Circle to Search. Users can now circle specific screen segments, saving precise information snippets with potential actions. "We're trying to make it easier for users to save the information they want," Friedman explained. Privacy remains a critical consideration. Unlike cloud-based solutions that might compromise user data, these features operate entirely on-device, powered by the new Tensor G4 chip. "We have a strong principle of processing everything on-device without sending information externally," Friedman emphasized, addressing potential user concerns transparently. The Details page now functions more like an intelligent assistant than a passive viewer. Action chips can extract specific information – a customer support email from a museum ticket, contact details from a screenshot, potential purchasing links. These weren't just conveniences; they were bridges between captured information and actionable experiences. Wallet integration adds practical utility, allowing users to instantly add tickets, boarding passes, and essential documents to Google Wallet . But it's more than a storage solution. The team was deliberate about maintaining user agency. "We want to make sure the automation that we're doing helps achieve the user goal," Friedman noted. When questioned about potential redundancy with existing apps, like Photos, which already has some of the features that could have done the job, like natural language search, image sorting, and Lens integration, the team was clear. Screenshots serve a different purpose from photo collections. "Users take photos for many different reasons, but screenshots are taken because users want to save some type of information and use it later," they explained. The current implementation is exclusive to the Pixel 9, a calculated approach to introducing AI capabilities responsibly. The device's processing capabilities allow for nuanced, on-device intelligence that older models cannot support, explained Friedman, when we asked that why this isn't available on older Pixel phones, which already have plenty of AI features. The long-term vision is thoughtful. Imagine screenshots that become contextually relevant years after capture – a restaurant recommendation resurfacing when you're in that city, or a forgotten contact detail emerging precisely when needed. In a world with overwhelming information, Pixel Screenshots offers a glimpse of technology that doesn't just digital fragments but makes them meaningfully accessible. As Friedman put it, the goal is creating an experience where things happen seamlessly in the background, personalizing your experience without requiring you to do anything different. "Screenshots aren't just an app with a repository of information," Friedman asserted. "It extends beyond the app into the operating system. It integrates into different surfaces where you are." The most profound aspect of Pixel Screenshots isn't any single feature, but the underlying philosophy of device intelligence. Google's vision extends beyond mere screenshot management. "We're laying the groundwork for some incredible personal intelligence features," Friedman said, echoing the team's ambitious vision. The goal isn't just to organize screenshots but to create what he describes as a "magical experience where things happen seamlessly in the background." It's an ambitious vision, but a genuine attempt to understand and enhance how people interact with their digital lives. Pixel Screenshots' approach to our personal archival is a promising step towards a more intuitive digital ecosystem.