Thursday, May 13, 2010

Week 10: Post your Blog Entries as Comments to my Main Post Each Week

Post by Sunday at midnight.

2 comments:

  1. 1.Hong Eun Sook
    2.Bereaved families sue gov’t, Samsung, Hebei over oil spill
    3.It has been 3 years since oil spill was happend in Taean. But residents in Taean still get a suffer from that accident. I heare some commited suicide and some got cancers. And samsung, government are avoid their responsibility for that oil spill. It's not only enviornmetal catastrophe but also economic catastrophe to residents. If somebody lose his job cause by environmental changes, who should be responsible for him? The contributor like samsung or governmet?
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    Residents in Taean, a fishing town devastated by the worst oil spill in the nation's history two and a half years ago, filed a suit against Samsung Heavy Industries, Hebei Spirit Shipping and the Korean government, demanding they pay compensation for the suicides of four people.

    Lawyer Park Chan-jong and Chang Ki-wook, who represent the families of the four dead, filed the suit Wednesday with the Seoul Central District Court, seeking 2 billion won ($1.75 million) in compensation, 500 million won each.

    ``Making a living as fishermen and oyster farmers for decades, the four took their own lives after the oil spill. No compensation has been paid and the possibility of appropriate remuneration is getting slim,'' the lawyers said in a statement.

    Of the four, three committed suicide in January 2008, just one month after the oil spill. The other, Sung Jung-dae, 52, who was the leader of an association for the 4,700 affected Taean residents, killed himself in February this year, denouncing the sluggish compensation progress.

    According to Park who recently conducted on-site research, only a few million won were given to each affected resident by the local government in the form of ``emergency funds to sustain living,'' not an official settlement. ``No money has been paid in official compensation," Park stressed.

    But the money still remains unused dye to a lack of consensus between Samsung and the government on its use.

    On the edge

    On Dec. 7, 2007, a Hebei Spirit-owned supertanker was rammed by a Samsung Heavy Industries-owned barge that came unmoored from its tugboats about 11 kilometers off Mallipo, a beach in Taean. Some 10.5 million liters of crude oil gushed into the ocean, more than twice as much as the nation's previous worst spill in 1995. The man-made catastrophe wrecked its maritime ecosystem, including numerous scenic beaches, wildlife habitats, oyster beds and fishing areas.
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    http://www.koreatimes.co.kr/www/news/nation/2010/05/117_65796.html

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  2. 1. Lee, Sung-Hee
    2. Samsung cash to target green energy, health
    3. Samsung stated to take an interested in green energy and healthcare. Samsung's investment and job creation about them will increase not only support of future sustainable society but also another production expansion of new area. Each agency such as monopoly capital, states, social movement, individual could be either ecocentric or unecocentric. Eventually I think that a education of school and family has responsible for ecocentric value.
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    SEOUL — South Korean giant Samsung said Tuesday it plans to invest 20 billion dollars in healthcare and green energy until 2020 in a move it says could provide thousands of new jobs.

    Company chairman Lee Kun-Hee said the move came as world governments were shifting billions of dollars into more sustainable energy as concerns grow over the planets depleting resources.

    Group flagship Samsung Electronics is the world's largest maker of memory chips and flat screen televisions and the second largest mobile phone manufacturer.

    But Lee Kun-Hee stressed the need to innovate when he returned as company chairman in March, almost two years after stepping down following a probe into his business dealings.

    "This is a time of real crisis. Global companies are crumbling. We don't know what will happen to Samsung either," he said at the time. "Within 10 years, all Samsung products may disappear. Now we have to start anew."

    Samsung said the 23 trillion won (20 billion dollars) investment plan was agreed during a meeting Monday attended by Lee and heads of the group's affiliate firms.

    "Governments around the world are now investing in green industries to address the issues of depleting energy resources and the protection of our planet?s environment," Lee was quoted as telling the meeting.

    "When other global companies hesitate, we must move ahead decisively to take this opportunity, and this will also benefit the country?s economy."

    Among the investment will be solar cells, rechargeable cells for hybrid electric vehicles, light emitting diode (LED) technologies, biopharmaceuticals and medical devices as its new growth areas.

    It said in a statement the new businesses are expected to create around 45,000 jobs and generate 50 trillion won in annual revenue for affiliate companies by 2020.

    The new plan "shows a shift in future business concepts to the environment, energy and health," said company spokesman Rhee In-Yong.

    Moody's Economy.com economist Alaistair Chan said Seoul seemed to be following up on a pledge to boost growth through green tech manufacturing and this was filtering into private investment decisions.

    "Given that Samsung is such a big player in electronics manufacturing it was highly likely that some sort of research and development initiative in terms of energy-efficient products would be enacted at some stage," he told AFP.

    If Samsung were able to achieve innovations in biomedical research, "they could do well as all those baby boomers around the world reach retirement age and medical spending goes up".

    Samsung Electronics alone employs about 188,000 people in 185 offices across 65 countries.

    Last month it reported that first-quarter net profit surged more than six-fold from a year earlier to 3.99 trillion won amid stronger demand and higher memory chip prices.

    The company said key investments include 6 trillion won to develop and manufacture solar cells; 5.4 trillion won in rechargeable cells for hybrid electric vehicles; 8.6 trillion won in LED technology for uses including backlit displays, lighting and car electronics; 2.1 trillion in biopharmaceuticals; and 1.2 trillion to develop and make electronic healthcare equipment.
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    http://www.google.com/hostednews/afp/article/ALeqM5gj9Uijh1S4HRcjLBBlxbN4mUxPMQ

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