Connect with us

Technology

European Union aims to go ‘climate neutral’ by 2050

Editor

Published

on

[ad_1]

The European Union’s executive branch proposed Wednesday that the bloc should cut its emissions of greenhouse gases to net zero by 2050, a measure that scientists say needs to be adopted worldwide in order to avoid catastrophic global warming.

The European Commission is the first major economy to set its sights on achieving “climate neutrality” in the next three decades. The plan, which was announced days before a global climate summit being held in Poland, is far more ambitious than the national targets set so far by many of the EU’s 28 member nations and is likely to meet with resistance.

The EU’s climate chief, Miguel Arias Canete, cited a recent scientific report that warned of deadly consequences for many species on Earth from rising temperatures.

“This has been a real wake-up call,” Arias Canete told reporters in Brussels. “And today we are responding to this call.”

Ending fossil fuel use

Experts say ending the use of fossil fuels — a process known as decarbonization — is one of the most important measures needed to achieve the 2015 Paris climate accord’s goal of limiting global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) by the end of the century.

European Commissioner for Climate Action and Energy Miguel Arias Canete said during a press conference Wednesday that the tools needed to achieve net zero emissions already exist. (StephanieLecocq/EPA-EFE)

Net zero emissions mean that any greenhouse gases emitted need to be soaked up by forest growth or new technologies that can remove carbon from the atmosphere.

Arias Canete said the tools to achieve this target already exist.

“We are not inventing the wheel,” he said.

Still, he noted that considerable investment will be needed to shift Europe’s economy away from fossil fuels and this needs to be done in a socially acceptable way.

Non-binding, but ‘positive message’

Bas Eickhout of the Greens/EFA group in the European parliament said the European Commission’s proposal , which isn’t binding, sends “a positive message” that saving the planet and economic growth can go hand-in-hand. But he noted that the EU executive had shied away from setting any new emissions targets by 2030.

“That’s of course where the political debates, where the political pain will be,” Eickhout told The Associated Press.

Germany, Europe’s biggest economy, is expected to miss its goals for 2020 and Chancellor Angela Merkel has objected to raising the nation’s emissions reduction target for 2030 from 40 per cent. Some European lawmakers have called for 55-per cent cuts by then.

Germany’s development minister, Gerd Mueller, sought Wednesday to shift the attention onto his country’s efforts to help poor nations achieve their climate goals, noting that their potential future emissions could far outstrip reductions achieved in Europe.

Berlin is doubling its funding for the Green Climate Fund to 1.5 billion euros ($2.3 billion Cdn) to boost environment-friendly measures in developing countries.

[ad_2]

Source link

قالب وردپرس

Technology

The ‘Maple Majestic’ wants to be Canada’s homegrown Tesla

Editor

Published

on

By

Look out Tesla, Canada has a homegrown electric sedan on the way. Well, that’s if AK International Motor Corporation can drum up enough investment to make its EV a reality. Dubbed the “Maple Majestic,” the vehicle is a battery-electric designed to “excel in extreme climate performance without adversely affecting the climate, as befits a vehicle from Canada,” according to its website.

What’s in a name? — The company says the maple leaf is a “symbol of Canada’s warmth and friendliness towards all cultures,” while “majestic” refers to the country’s “status as a Constitutional Monarchy.”

That patriotism carries over into Maple Majestic’s parent company’s lofty goals. AK Motor founder Arkadiusz Kaminski says he wants the company, which he founded in 2012, to become “Canada’s first multi-brand automotive OEM,” and that the “Maple Majestic is intended to be Canada’s flagship brand of automobiles on the world stage.”

Partnerships are key — “We acknowledge that the best chance for the Maple Majestic brand to succeed, lies in continuing to build the relationship with Canada’s parts suppliers and technological innovators, whether they be academic institutions, corporations, or individual inventors,” the company explains. “We are currently seeking partners in automotive engineering, parts manufacturing, automotive assembly, electric propulsion technology, battery technology, autonomous technology, and hybrid power generation technology.”

In other words, don’t expect to be able to buy a Maple Majestic any time soon… and don’t expect to pour over 0-60 mph times, power output, range, or other key stats, because those don’t currently exist. For now, all we have are pictures and a short video clip. But at least those are arresting.

Continue Reading

Technology

PE-backed Quorum Software to merge with Canadian energy tech firm

Editor

Published

on

By

Houston-based energy technology company Quorum Software will merge with a Canadian tech firm to bolster its presence in oil and gas services.

Quorum announced Feb. 15 it plans to merge with Calgary, Alberta-based Aucerna, a global provider of planning, execution and reserves software for the energy sector. The combined firm will operate under the Quorum Software brand.

Gene Austin, CEO of Quorum Software, will continue in his capacity as chief executive of the combined firm. Austin, former CEO of Austin-based marketing tech firm Bazaarvoice Inc., became CEO of Quorum in December 2018.

Aucerna co-founder and CEO Wayne Sim will be appointed to the Quorum Software board of directors. Both companies are backed by San Francisco- and Chicago-based private equity firm Thoma Bravo.

“Over the last 20 years, Quorum has become the leading innovator of software deployed by North American energy companies,” said Austin. “Today, Quorum is expanding the scope of our technology and expertise to all energy-producing regions of the globe. Customers everywhere will have access to a cloud technology ecosystem that connects decision-ready data from operations to the boardroom.”

In addition to the merger announcement, Quorum Software announced it had entered into an agreement with Finnish IT firm TietoEvry to purchase TietoEvry’s entire oil and gas business. The agreement, which includes hydrocarbon management, personnel and material logistics software and related services, is valued at 155 million euros, or $188 million, according to a statement from TietoEvry.

“Our three organizations complement each other — from the software that our great people design to the energy markets where we operate,” said Sim. “Our new company will be able to deliver value to our stakeholders, while accelerating the growth of our combined business and the energy industry’s software transformation.”

The combined company will serve over 1,800 energy companies in 55 countries, according to the announcement. With its headquarters in Houston, Quorum will continue to have a significant presence in Calgary and in Norway, the headquarters for TietoEvry’s oil and gas software business. Quorum will have other offices throughout North America, Latin America, Europe, Asia and the Middle East.

As of Sept. 30, 2020, private equity firm Thoma Bravo had more than $73 billion in assets under management. In late December 2020, Thoma Bravo agreed to acquire Richardson, Texas-based tech firm RealPage in a roughly $10 billion acquisition.

Continue Reading

Technology

Piece of Kitchener technology lands on Mars on Perseverance rover

Editor

Published

on

By

KITCHENER — A piece of Kitchener technology has landed on Mars, thanks to NASA’s Perseverance rover.

The rover settled on the planet’s surface on Thursday afternoon. It’s been travelling through space since it was launched from Cape Canaveral, Fla. in July.

“The whole idea of being on a device that we’re sending to another plant with the express mission of looking for traces of past life, it’s pretty mind boggling actually,” said Rafal Pawluczyk, chief technical officer for FiberTech Optica.

The Kitchener-based company made fibre optic cables for the rover’s SuperCam that will examine samples with a camera, laser and spectrometers.

“The cables that we built take the light from that multiplexer and deliver it to each spectrograph,” Pawluczyk said.

The cables connect a device on the rover to the SuperCam, which will be used to examine rock and soil samples, to spectrometers. They’ll relay information from one device to another.

The project started four years ago with a connection to Los Alamos National Lab, where the instruments connected to the cables were developed.

“We could actually demonstrate we can design something that will meet their really hard engineering requirements,” Pawluczyk said.

The Jezero Crater is where the Perseverance rover, with FiberTech Optica’s technology onboard, landed Thursday. Scientists believe it was once flooded with water and is the best bet for finding any evidence of life. FiberTech’s cables will help that in that search.

Ioannis Haranas, an astrophysicist and professor at Wilfrid Laurier University, said the rover isn’t looking for “green men.”

“They’re looking for microbial, single-cell life, any type of fossils and stuff like that,” Haranas said. “That’s why they chose a special landing site. This could be very fertile land for that.”

“It’s very ambitious,” said Ralf Gellert, a physics professor at the University of Guelph.

Gellert helped with previous rover missions and said it’s the first time a Mars rover has landed without a piece of Guelph technology on it. While he’s not part of Perseverance’s mission, he said the possibilities are exciting.

“Every new landing site is a new piece of the puzzle that you can put together with the new results that we have from the other landing sites,” he said.

“It’s scientifically very interesting because, even though we don’t have an instrument on that rover, we can compare what the new rover Perseverance finds at this new landing site,” he said.

Now that Perseverance has landed on Mars, FiberTech is looking ahead to its next possible mission into space.

Continue Reading

Chat

Trending