Although mining companies’ profits in 2010 reached an all-time high of more than $50 billion, and the companies are investing to increase their supplies of major raw materials, it probably will not be enough to accommodate strong demand or curb rising commodity prices. Mining companies are increasing capital investment but face numerous obstacles in developing […]
Upon their creation in 2006, induced pluripotent stem (iPS) cells were intended to be a less controversial alternative to stem cells, since they were created in a lab instead of by the destruction of embryos. However, several recent studies have shown them to be a less optimal choice. The iPS cells died faster and were […]
Western oil companies are divesting their refineries after a decades-long slump that has led to prolonged overcapacity and, thus, weak margins. Refining margins, which reached a high of $4.50 a barrel, are now 10% of that and declining, and are expected to remain weak in the future. Weak margins, however, are not discouraging state-owned and […]
An agreement, or “continuing resolution,” for the fiscal 2011 budget was reached by President Obama and leaders of the Democratic Senate and Republican House of Representatives. The budget cuts funding for science agencies across the board, but much less so than the initial budget approved by the House of Representatives in February would have. Science […]
The US leads the world in research but is expected to face competition in the future, according to the Royal Society’s 2011 Knowledge, Networks & Nations report. The report used information compiled from an April 2010 survey, a discussion session, interviews, secondary research and data analysis to examine the changing landscape of science and innovation. […]
Worldwide, finance and investment in the clean energy sector increased 30% in 2010 to reach $243 billion. More than 90% of all clean energy investments were in companies and projects in the Group of Twenty (G-20) leading economies. Europe was the top recipient of clean energy finance at $94.4 billion. Clean energy investments totaled $65.8 […]
The EPA announced on March 16 the first nationwide standards for the reduction of toxic air pollutants from power plants. The standards would apply to new and existing coal- and oil-fired electric utility steam-generating units (EGUs). The EPA estimates that the standards could affect 1,350 units at 525 plants. The standards would lead to power […]
Growth of biotech crops increased 10% to 148 million hectares in 2010. Twenty-nine countries planted biotech crops, with the top ten countries each growing more than one million hectares, led by the US, Brazil and Argentina. Biotech crops with stacked traits were planted in 11 countries, 8 of which were developing countries. Developing countries, led […]
According to a presentation at the annual meeting of the Association for the Advancement of Science (AAA), the AAAS estimates that the proposed fiscal 2012 US federal budget would provide a 0.5% increase in R&D funding to $147.9 billion compared with fiscal 2010 (the fiscal 2011 budget has not yet been passed by Congress). Basic […]
Wal-Mart has banned a flame retardant found in a variety of consumer products. Polybrominated diphenyl ethers (PBDEs), a class of chemicals used as flame retardants since 1976, have been associated with liver, thyroid and reproductive-system problems. Researchers say PBDEs, labeled “chemicals of concern” by the EPA in 2010, can wind up in dust, air, food […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
