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The world can’t afford to build any more fossil fuel burning plants if it hopes to avoid catastrophic climate change, according to a new study in the journal Nature.
Carbon dioxide emissions from the power plants, factories, furnaces and vehicles the world has already built will warm the planet into dangerous territory, past the target set in the Paris climate agreement, the researchers find.
Any new plants — and some older ones — will either have to close early, before they are paid off, or install costly carbon-capture gear, the researchers say.
Greenhouse gas emissions from burning fossil fuels have already warmed the planet about 1 degree Celsius on average. Heat waves, droughts, wildfires and rainstorms have grown more intense, and sea levels are rising. Impacts will get worse as the planet warms, scientists say.
In Paris, negotiators agreed to keep global warming “well below” 2 degrees, and to aim for 1.5 degrees.
To meet that target, the world can produce at most another 580 gigatons of carbon dioxide, according to a U.N. Intergovernmental Panel on Climate Change estimate.
But the new study finds that existing fossil fuel infrastructure will produce more than that over its lifetime: about 658 gigatons total. (One gigaton equals a billion tons.)
Additional plants that are planned, permitted or under construction will add another 188 gigatons, putting the world about two-thirds of the way to 2 degrees.
“If we want to stay under one and a half degrees, we’d need to stop building new stuff immediately and retire a fair amount of our already existing stuff before the end of its operating lifetime,” said study co-author Steve Davis, Earth science professor at the University of California, Irvine.
The study adds detail to an IPCC report last October, which said global emissions need to fall 45 percent by 2030 to keep below the 1.5 degree target.
There is some wiggle room in the estimates.
Another study earlier this year gave a 64 percent chance that the world would stay below 1.5 degrees of warming if all existing plants were phased out starting in 2018.
“The message is still consistent,” said lead author Chris Smith, a climate researcher at the University of Leeds. “Basically, we need to transition away from fossil fuels as quickly as possible.”
Both studies assume that no more fossil plants will be built. Davis calls that assumption “laughable.”
“Research like this makes it obvious that we can’t fight climate change and continue burning oil and gas at the same time,” said Greenpeace USA Climate Campaign Director Janet Redman, “but the United States continues to expand drilling, fracking, and mining for fossil fuels.”
The American Petroleum Institute, the main U.S. oil and gas industry trade group, said in a statement that the industry “is already driving emissions to 25-year lows—more than any nation on earth—made possible by the growing use of clean natural gas for power. The U.S. and the world can continue that progress, meet record consumer energy demand, and protect the environment by investing in modern natural gas and oil infrastructure.”
The new study is a follow-up to one Davis co-authored in 2010. It found that the world was on track for 1.3 degrees of warming, and “sources of the most threatening emissions have yet to be built.”
That was before China went on a coal-plant building binge.
Today, the study finds, nearly half of the world’s industrial and electricity generation emissions come from China.
As the cost of wind and solar energy plummet, however, “we have an opportunity to retire some of these things early, and it might not even be that far-fetched,” Davis said. “That’s the piece that is a little more hopeful.”
With the cost of renewables declining and health care costs from fossil fuel air pollution mounting, “Many governments have recognized that the economics of coal power…make new coal power economically and socially unfavorable,” said the World Resources Institute’s Kelly Levin.
Nearly 31 gigawatts of coal-fired capacity was taken out of service worldwide in 2018, compared with about 2 gigawatts in 2006, according to Global Energy Monitor.
But early retirements will be expensive and hard to swallow, Davis acknowledged, even for those with good intentions.
Davis is working with the University of California’s 10-campus system to meet its goal to be carbon neutral by 2025. The schools recognize that one of the biggest challenges will be replacing the seven on-campus natural gas combined heat and power plants.
“I’ve had conversations with the administrators where they say, ‘Well, let’s go ahead and make a plan for when this thing is fully paid for,” he said.
“This is exactly what our paper gets at is, we can’t just wait for the end of these things’ lifetime to make a decision. We actually need to hasten that.” (VOA)
The Centre on Wednesday directed all Union Ministries and Departments to clear Air India's dues immediately. An office memorandum from the Finance Ministry's Department of Expenditure said: "Recently, the Government of India has decided to disinvest Air India, and the process of disinvestment of Air India and Air India Express is ongoing.""Air India has stopped extending credit facilities on account of purchase of air tickets. Therefore, all Ministries or Departments are directed to clear Air India's dues immediately." "Air tickets from Air India may be purchased in cash till further instructions."
In 2009, the Centre had mandated that Central government officers travel via Air India for all official purposes including availing of LTC. On Monday, conglomerate Tata Group entered into a share purchase agreement with the Central government for buying out the latter's stake in national carrier Air India, Air India Express, and AISATS.
Earlier, a Letter of Intent was issued to the Tata Group. After the SPA, Tata Group would need to fulfill the conditions precedent in the agreement before taking over the airline. The rest of the transaction is expected to be completed by December.
Tata Sons' subsidiary Talace emerged as the highest bidder for the national carrier under the divestment process. Talace had quoted an enterprise value of Rs 18,000 crore for 100 per cent equity shareholding of the Centre in Air India along with that of Air India Express and AISATS. (IANS/ MBI)
Keywords: India, air India, ministers, government, purchase, dues, Tata group, centre
Sports betting has been around for centuries for the audience to not only watch the sport but to get more deeply involved in the match. It is a fun and often profitable activity for the viewer to win some extra fortune or simply get some extra sweat while watching the game. At first glance, sports betting may look like it's pure luck, but when you indulge deeper into the activity you realize it is more of a calculative and research activity than just pure luck. We must note that yes, luck does play a certain role to some extend but a win is not completely dependent on luck, if you're putting your bets on a certain team you have to make sure to do some research about the players on the team, history of wins and losses of the team and compare the probability of winning and then place bets.
Even though sports betting has existed since the ancient era, it was not until recently that it became increasingly popular among the youth. This happened due to the legalization of the activity and the rise of online sports betting. The technological revolution has expanded the sports betting industry, offering the bettors new markets and ways to bet. The only major difference between online bookmarkers and traditional brick-and-mortar venues of sports betting is that now you can place bets online from your mobile devices, laptops, computers etc.
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Online sports betting allows the sports enthusiastic bettors to place their sports bet online from wherever they are on real-life happening sports events. For instance, if there is a match between Chelsea F.C. and Machester United in the English Premier League, you can place wagers on either of the team to win from your comfort space, on your device and if you correctly predict the outcome, you'll win money.
How to Bet on Sports?
Sport betting gives more thrill and involvement in the sport to the bettor.Istockphoto
Now that you understand the basic mechanism of sports betting, how and where should you place your bets? For new bettors, sports betting can be a little intimidating because you're putting real money as stakes and no one wants to lose it. Here are the steps to place your sports bets online:
Choose a betting site: The first step to placing your sports bets is to find a reliable sports betting site. BetRivers sportsbook is one of the most popular sports betting sites in the US which also has a mobile app. It has a solid design with intuitive navigation, user friendly and polished layout.
Sign up: After choosing the website, you must sign up and provide simple details like your name, email address, age etc. to verify your proof of identity and if you're legally allowed to start betting in the state or not.
Deposit money in your online sportsbook: Once you've registered an account, you can immediately deposit some money and place your bets on the sport of your choice. Most online sports betting platforms accept numerous deposit methods. BetRivers accepts various methods like online banking, Paypal, Visa, Mastercard, pay+, etc; and withdrawing money is as simple as depositing the amount.
ALSO READ: The Growth of The Sports Betting Market
Locate the market: Before placing your first bet, pinpoint the sports you want to place bets on, then select specific competitions or leagues that interests you the most. Then you need to find a team you want to bet on. Do some research on the odds and market. Once you've made up your mind you can bet your money on your prediction.
Place your first bet: Once you're certain about your bet, you're required to enter the amount you want to bet. Most sites give you a preview of how much a bettor stands to win in the bet slip. If you're satisfied with the odds, you can happily hit the button to confirm your bet and wait for the results.
Enjoy the game: The bet has been placed, the game has started, now all you need to do is sit back, relax and watch the game and let your bet come in.
Disclaimer: (This article is sponsored and includes some commercial links)
It is indeed good news that the book showcasing the wisdom of India in the eyes of Western intellectuals is getting due recognition and appreciation from other states and abroad. After Karnataka and Punjab, the Government of Assam has recently consented to translate the research-based book by Shillong-based author - Shri Salil Gewali titled "Great Minds on India". The Chief Minister of Assam - Shri Himanta Biswa Sarma was amazed to know that so many top western scientists and philosophers have drawn a considerable amount of inspiration from ancient scriptures of India, particularly in the studies of modern physics, linguistic and astronomy. In the recent meeting with the author, the Chief Minister had highly appreciated Gewali's book and promised to read it thoroughly. Gewali's book was also approved for translation in the year 2020 by the former Chief Minister – Shri Sarbananda Sonowal but due to COVID-19, the translation work was delayed.
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Furthermore, the two scholars from Canada --- Dr Hema Murty -- Air Space Engineer at the University of Toronto, and Dr. Harsh H Thakkar of Sheridan College of Brampton, Ontario have sought permission from Mr. Gewali for the translation of 'Great Minds on India' into the Sanskrit language. After the translation, the Sanskrit edition will be published and circulated and utilized by Samskrita Bharati of Canada, besides its other branches in India, USA and UK. Gewali says that the book that has been praised by countless scholars and publication by the Government of Karnataka and Punjab has so far been translated into thirteen languages, including German.
'Great Minds of India' by Salil Gewali is an impressive compact book discussing the power that Indian ancient wisdomFile
A university scholar from Winchester, United Kingdom - Ms. Janet Murphy remarks:
" 'Great Minds of India' by Salil Gewali is an impressive compact book discussing the power that Indian ancient wisdom, thought and way of life had an impact on western minds, especially those who are of great historical significance, such as Voltaire, Albert Einstein, Ralph Emerson, Julius Robert Oppenheimer, Mark Twain, HG Wells et al. It is hoped all right-thinking scholars will find Gewali's work extremely applaudable."