By Basil Oberholzer – Two main problems arise from the connections between monetary policy, financial markets and the oil market: the first is financial and economic instability caused by oil price volatility. The second is an environmental problem: a lower oil price inevitably means more oil consumption. This is a threat to the world climate.
Is there a joint answer to these problems? There is. While hitherto existing policy propositions like futures market regulation or a tax on fossil energy face some advantages and disadvantages, they are not able to deal with both the economic instability and the environmental problem at the same time. What is proposed here is a combination of monetary and fiscal policy. Let’s call it the oil price targeting system.
First, to achieve economic stability in the oil market, a stable oil price is needed. Second, to reduce oil consumption, the oil price should be increasing. So, let us imagine that the oil price moves on a stable and continuously rising path in order to fulfill both conditions. To implement this, the oil price has to be determined exogenously. Due to price exogeneity, speculative attacks cannot have any influence on the price and bubbles cannot emerge anymore. The oil price target can be realized by monetary policy by means of purchases and sales of oil futures. Since the central bank has unlimited power to exert demand in the market, it can basically move the oil price wherever it wants. more> https://goo.gl/eUh85j
By Gary Shapiro – Smart cities are the urban landscapes of the future. Powered by the ubiquitous connectivity of the Internet of Things (IoT), smart cities
By Dorothy Pomerantz & Matthew Van Dusen – It started with a simple conversation in 2009. GE Chairman and CEO 
By T.J. Becker – Cities have been around for thousands of years, so urbanization is hardly a new phenomenon — but it’s happening now at an unprecedented pace.
By Bruce Watson – Deutsche Bahn Cargo trains crisscross Europe daily carrying everything from coal and steel to cars and cabinets. If a train gets stuck or needs to be taken offline, it can cause problems for the entire system. Now GE digital technology is making the trains smarter and reducing downtime. By tapping 
By Tomas Kellner – The Concorde, the iconic pointy-nosed supersonic jet that shuttled passengers between Paris, London, New York and other choice destinations, landed for the last time 14 years ago, after 27 years in service. The only civil supersonic airplane to enter service apart from Russia’s TU-144 jet, the plane was never replaced.
