first_img FacebookTwitterLinkedInEmailPrint分享Eco-Business:The Hongkong and Shanghai Banking Corporation (HSBC) on Friday announced it would no longer finance new coal power stations anywhere globally, closing loopholes enshrined in its previous energy policy that allowed the London-headquartered lender to bankroll coal projects in certain developing nations.Responding to shareholders’ questions online amid the ongoing coronavirus crisis, the finance group stated it had amended its policy aimed at phasing out coal support, removing the previous exemption of Bangladesh, Indonesia and Vietnam, which was slammed by activist groups in 2018 as experts warned no new fossil fuel power plant could be built if climate change was to be kept at bay.HSBC said while its now obsolete energy guidelines had permitted loans to coal projects in these emerging markets to “balance local humanitarian needs with the need to transition to a low carbon economy”, it had not financed any new coal projects anywhere since.The new policy means the bank will cease its involvement in funding Long Phu 1, a planned coal project in Vietnam for which it was acting as global coordinator, and follows a decision earlier this year to withdraw from Vinh Tan 3, another major coal power station in Vietnam.The move comes as an increasing number of financial institutions cut ties with coal, the world’s dirtiest fossil fuel. Last December, Standard Chartered Bank, one of HSBC’s major rivals with a significant presence in Asia, said it would pull out of three coal projects in Southeast Asia, while three major Japanese lenders exited coal in April alone.Tim Buckley, director of energy finance studies, Australasia at Institute for Energy Economics and Financial Analysis, said: “Banks know coal is by far the world’s most emissions-intensive source of power and the one most easily replaced by alternative, low-emissions technologies. Coal is the first one to throw under the bus.”[Tim Ha]More: No more loopholes: HSBC closes door on new coal projects HSBC closes loopholes, exits coal plant financing marketlast_img read more

first_imgThe Dutch civil service scheme ABP, at €356bn, accounted for nearly 5.8% of assets, while third-ranking Dutch healthcare scheme PFZW accounted for 2.7%.Both Dutch funds, among the largest asset owners worldwide, saw their overall share of the €6.16trn in pension assets decline compared with 2014.Denmark’s ATP accounted for more than 1.7% of assets, Sweden’s Alecta 1.2%.Alecta was followed in sixth place by PMT, the Dutch metal-workers fund, which was followed by the first German entrant in the shape of Bayerische Versorgungskammer.Denmark’s PFA Pension came eighth, followed by two UK entries, the BT Pension Scheme and the Universities Superannuation Scheme, rounding out the Top 10. European pension assets increased to €6.16trn last year, up by €660bn, according to IPE’s annual Top 1000 Pension Funds survey.The data, compiled by S&P Capital IQ MMD, showed a 10.8% increase in European assets under management.Over the course of 2014, assets among the Top 1000 global institutional investors increased by €4.2trn to €25.3trn, up by 19.9% year on year.The Norwegian Government Pension Fund Global remains Europe’s largest institutional investor, accounting for 13.2% of European pension assets.last_img read more

first_imgSAN FRANCISCO–It’s September 12 and the Giants haven’t won a game since August.Even as the club stumbled to a 98-loss season in 2017, the Giants still found a way to collect 10 September victories, but this year a double-digit win total in the final month of the year is practically out of the question.Though the Giants have already won four more games in 2018 than they did a season ago, a 10-game losing streak to open the month has the team in danger of suffering through its worst September …last_img read more

first_imgLauren Urbanek is a senior energy policy advocate in the energy and transportation program of the Natural Resources Defense Council. This post appeared on Oct. 17 at the NRDC’s Expert Blog website. RELATED ARTICLES What’s possible?The DOE report based its savings projections on the Technological Roadmap reports produced by its Building Technologies Office (BTO) for various products. BTO researches progress and market trends and the office’s work helps to predict when different technologies are expected to be widely adopted. Using this information, DOE looked at projected technological advances in different end uses, and estimates that there should be about a 4% to 5% increase in stringency per code cycle for both the residential and commercial codes. This is a relatively cautious estimate of what is possible.While DOE found that the 2015 residential IECC model building energy code saved only about 1% relative to the 2012 version (excluding the Energy Rating Index compliance path, which was new in 2015), the 2012 version saved 24% relative to the 2009 code, and the 2009 code saved 11% relative to the 2006 code.DOE also considered that different jurisdictions adopt the code at different times. While some states, like Maryland and Massachusetts, are statutorily obligated to adopt the most recent version of the code within a set timeframe (generally within a year of publication), other states have a lag time between model code development and local adoption. For analysis purposes, DOE assumed either a 1-year or a 7-year delay for these states. This is a very realistic assumption and is accounted for in the immense savings I noted earlier.Adoption of building codes as of October 2016 (Source: Building Codes Assistance Project)Savings levels aren’t just about how quickly states adopt the code, though — they also depend on how well builders comply with it. DOE found that the earliest adopters of the latest model building code often don’t fully realize the code’s potential savings right away. This makes sense — often, new building codes include cutting-edge construction practices, which may take some time for builders to learn and put into practice.DOE accounted for this by assuming a conservative 80% realization rate for the first year of savings after a state adopts the code. But it doesn’t take long for builders to get up to speed. A DOE field study found that states realized more than 100% of expected savings for codes that had been adopted at least two years after they had been published — meaning that builders complied with the code, and even exceeded the code requirements. If there was a 100% realization rate in the first year, DOE estimated that codes would save consumers an additional $25 billion dollars and avoid another 187 million metric tons of carbon pollution emissions — a more than 20% increase. The projected energy savings from such code adoption are huge — nearly 13 quads (quadrillion BTUs). This is on par with the energy savings expected from the equipment efficiency standard adopted last year for commercial rooftop air conditioners, the largest single standard ever. Building codes may not be at the top of most consumers’ minds, but nonetheless, they save homeowners and business owners real money and energy. An Encouraging Study on Energy Code ComplianceCould a Bare-Bones Energy Code Work?New Energy Code Helps Inform Home BuyersGet Ready for a New Energy CodeAn Overview of the 2012 Energy CodeAre Energy Codes Working?Are We Really Better Off With Building Codes?center_img By LAUREN URBANEKHow much energy do building codes save over time? That’s the question that a new report released last week from the Department of Energy (DOE) aims to answer — and the answers show the results can be mammoth, both in terms of consumers’ utility bill savings and avoided carbon emissions.The study underscores the importance of building codes for the nation’s energy and climate goals, by examining the national consequences of energy codes from 2010 to 2040. I’ve talked about the importance of developing strong model building codes in previous blog posts. But jurisdictions have to actually adopt those strong codes to realize the energy and carbon pollution savings.The DOE found that, taking into account the fact that states adopt the model building codes at varying rates, energy codes with modest updates over the years could save consumers $126 billion on their utility bills from 2010 to 2040. This equates to a carbon pollution reduction of 841 million metric tons, equivalent to the greenhouse gases emitted by 177 million passenger vehicles driven for one year or the carbon dioxide emissions from 245 coal power plants for one year. So where do we go from here?As code officials, builders, efficiency advocates, and other interested parties gear up to gather in Kansas City, there’s a lot at stake. There are quite literally hundreds of proposals that will be heard that could make the code either more or less efficient.The first step to achieve the important savings outlined in the DOE report is to have a model 2018 code that is more efficient than the 2015 code, and that’s what NRDC will be advocating. Local code officials are critical partners in fully realizing the energy, dollar, and climate pollution savings potential of strong building energy codes — this is a space where every vote really does count! And as we look to implementation of the code, we’ll be pushing states to adopt the code sooner, and for builders and building officials to be well-trained in order to maximize code savings as soon as possible.Saving energy when a building is constructed is cheaper, easier, and more effective than trying to retrofit it later. And that’s just one reason why strong building energy codes are a crucial part of our clean energy future. A timely reportPaying attention to the high value of strong energy codes is especially at this time of year, because the International Code Council recently held its annual conference and public comment hearings in Kansas City. This is the next step in the development of the 2018 International Energy Conservation Code (IECC). The IECC is the model energy code recognized by the Department of Energy and cited in federal law, which is updated every three years through a stakeholder process. It’s then up to local jurisdictions to adopt and enforce the codes.At the public comment hearings, building officials will vote to determine which proposals will be included in the final online voting ballot. The online voting process will then decide the proposals that will be incorporated into the final 2018 energy code.Local building officials have a lot of power in this process — and they should use it! We urge code officials to get out the vote, in Kansas City if possible, but certainly through the online voting process (which will open online in early November). Information about how to vote, and which proposals will strengthen or weaken the code can be found on the Energy Efficient Codes Coalition website, which will be updated after the public comment hearings with a final voting guide. Building officials have the power to ensure that the code keeps saving energy for years to come.last_img read more

first_imgThe Board of Control for Cricket in India (BCCI) on Tuesday said the fate of the fifth and final Test against England, scheduled from December 16 in Chennai was still undecided, following the death of Tamil Nadu Chief Minister J. Jayalalithaa.Jayalalithaa was declared dead at the Apollo Hospitals on Monday night after a 74-day battle for life.Addressing reporters after the senior Tournament Committee meeting here, BCCI Secretary Ajay Shirke said the board is in constant touch with the Tamil Nadu Cricket Association on the matter.”BCCI condoles the sad demise of the Tamil Nadu Chief Minister, Ms. J. Jayalalithaa,” he said.”BCCI would like to inform that no decision has been taken regarding hosting of the fifth match of the Test series against England in Chennai from December 16.””BCCI is in constant touch with Tamil Nadu Cricket Association and local authorities and constantly monitoring the situation. BCCI fully understands the sensitivity of the matter and will keep everyone informed,” Shirke added.Shirke also informed that the Group B Ranji Trophy game between Orissa and Jharkhand, which was slated to played at Dindigul in Tamil Nadu from Wednesday, has been rescheduled.”The Round- 9, Group B game of the Ranji Trophy, between Orissa and Jharkhand, which was suppose to take place in Dindigul from December 7 will be rescheduled. Fresh venue and dates of this match will be announced soon,” he said.The board’s senior Tournament Committee also decided to revoke rescheduling of matches between Bengal and Gujarat and Hyderabad and Tripura, which had to be called off due to smog in New Delhi last month, and instead awarded one point each to all the four teams.advertisementlast_img read more

Ohio State’s Myles Martin wrestles Mitch Bowman in the dual-meet against Iowa on Jan. 21 in the Schottenstein Center. Credit: Jack Westerheide | Managing Editor for DesignSenior 184-pound captain Myles Martin and redshirt junior captain Kollin Moore have both accomplished many feats in their time at Ohio State. But one thing they both happily reflect on is their time spent in Romania battling alongside one another.Moore and Martin traveled to Romania to compete in the U23 World Championships as two of 400 wrestlers representing 34 nations. Moore, after participating in the event in both 2016 and 2017, earned a silver medal in the tournament. “I got to wrestle a lot of good guys,” Moore said. “Just to wrestle some Russians and some other guys from countries who are really good at wrestling. It’s an honor and I thought I competed well.”Both wrestlers said they learned a lot and had a different experience compared with anything they’ve ever had in the states. And it was something Martin loved, giving him goals for his future. “I took a lot away from it, but one big thing I learned was that I want to make as many world teams as possible and compete overseas as much as I can,” Martin said. “I’m not used to wrestling foreigners where they have a different mindset towards wrestling. One little mistake and you can get beat. I’m excited to compete in another one.”In his first trip to the U23 World Championships, Martin said it was good to have Moore there, one who had competed overseas three times before and as a teammate and a familiar place in a foreign country.Moore was even more excited about having his teammate and friend competing alongside him.“It was nice to have a good buddy in the room to talk to and to work out with. Especially on the travel,” Moore said. “We traveled for 29 hours on the way back, so it was nice to suffer through that with a guy you’re really close with.”Ohio State head coach Tom Ryan was very proud of both Martin and Moore, saying that what they’ve been able to accomplish is incredible.“To be at the level they’re at is rare. I think the numbers are .005 percent of high school wrestlers make it to the college level. And then those that make it to world teams are at a whole different level,” Ryan said. “To see guys like Kollin and Myles who have talent and incredible work ethic and provide great leadership for us.” But the goal for both Moore and Martin remained the same when they went to Romania as to when they wrestle for Ohio State: to show their ability on the mat. Moore said that when facing international talent, every positive performance provides a statement for not only him and Ohio State, but also the United States. “I let them know the USA is getting better and we’re coming for them,” Moore said. read more

Researchers demonstrate a single laser source scheme for studying topological matter in

first_img This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Studies on exotic superfluids in spin-orbit coupled Fermi gases reviewed Research regarding topological matter in cold-atom systems has contributed insights into such systems due to the degree of controllability it offers in simulating condensed matter models—interesting topological phenomena have been observed recently in condensed-matter systems. But at the same time, many have found it rough going due to the tricky nature of dealing with the spin-orbit coupling that is involved. In this new effort, the researchers have come up with an approach that is easier to carry out, and as a bonus, it can be tuned between dimensions of the spin orbit.Conventional methods have relied on having the role of spin carried out by certain states of an atom, while the coupling has been caused to come about using the light from a laser—most have resorted to actually using two laser beams to achieve hyperfine levels through a Raman transition. To make the process easier, the researchers used a single laser beam, which they split into two parts, allowing for the creation of an optical lattice that was spin-independent, and a Raman beam that was frequency shifted—allowing for a double Raman transition in two dimensions to cause spinflips. This setup makes the work less difficult and offers another advantage—the dimensionality is tunable between one and two dimensions. Experimental realization of 2D SO interaction and 1D-2D crossover. Credit: Science (2016). DOI: 10.1126/science.aaf6689 The researchers note that while they used bosonic atoms, they believe the scheme would work equally well with fermions, and suggest that because their two-dimensional spin-orbit coupling system is more topological stable, it could offer new research opportunities for those studying unusual quantum phases such as topological superfluids. (Phys.org)—A team of researchers with members from several institutions in China has developed a new means for studying topological matter in cold-atom systems that involves using a single laser source. In their paper published in the journal Science, the team describes how the scheme works and outlines possible uses for it. Monika Aidelsburger with UPMC Sorbonne University offers an overview of the work done by the team in a Perspective piece in the same journal issue and offers some insight into some of the possible directions such research is going. © 2016 Phys.org More information: Z. Wu et al. Realization of two-dimensional spin-orbit coupling for Bose-Einstein condensates, Science (2016). DOI: 10.1126/science.aaf6689AbstractCold atoms with laser-induced spin-orbit (SO) interactions provide a platform to explore quantum physics beyond natural conditions of solids. Here we propose and experimentally realize two-dimensional (2D) SO coupling and topological bands for a rubidium-87 degenerate gas through an optical Raman lattice, without phase-locking or fine-tuning of optical potentials. A controllable crossover between 2D and 1D SO couplings is studied, and the SO effects and nontrivial band topology are observed by measuring the atomic cloud distribution and spin texture in momentum space. Our realization of 2D SO coupling with advantages of small heating and topological stability opens a broad avenue in cold atoms to study exotic quantum phases, including topological superfluids. Explore further Journal information: Science The spin-orbit-coupling-induced distribution of atomic group with different spin state. Credit: PAN’s team A diagram of a 2-D spin-orbit coupling and topological band. Atoms perform the spin flip quantum tunneling in the optical lattice under the laser field. Credit: PAN’s team Citation: Researchers demonstrate a single laser source scheme for studying topological matter in cold-atom systems (2016, October 7) retrieved 18 August 2019 from https://phys.org/news/2016-10-laser-source-scheme-topological-cold-atom.htmllast_img read more