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Silver success for Ballykilcavan Brewery at prestigious awards

Silver success for Ballykilcavan Brewery at prestigious awards

first_img WhatsApp By LaoisToday Reporter – 21st March 2019 Pinterest It was a winning weekend for Ballykilcavan, as the Stradbally based-brewery bagged six medals in the 2019 Dublin Craft Beer Cup.The competition is part of the Alltech craft beer festival that takes place every year in the Convention Centre in Dublin and the beers are judged by a panel of trained brewers and beer sommeliers.The Ballykilcavan team of founder David Walsh-Kemmis, head brewer Nigel Oakes and innovation brewer Joe O’Driscoll was thrilled with the result.Reacting to the medals, David said “It’s a great result for us and I’m really proud of our brewing team.  Nigel has set up our new brewery and produced all these beers in it, and Joe has come up with some amazing recipes that really wowed the judges.“We got a medal for each of the four beers in our core range and also picked up two medals for ourseasonal specials including a silver for our new juicy pale ale.“It’s a great reward for all the hard work, and very pleasing to get positive industry feedback.”After the celebrations, it was straight back to work once the teamarrived back at the brewery.  David explained “We’re getting set up for our first tours on the May bank holiday weekend, so we have a digger in cleaning out the old farmyard behind the brewery.“After 230 years of farming in it, there’s a thick layer of mud on it, so we’re scraping it back to the original ground level and tidying it up before we welcome our first tours in a couple of months.“We’re also hoping to get this year’s barley crop planted over the next few days which we’ll use to make next year’s beer.”Ballykilcavan Brewing Company is based at Ballykilcavan farm, near Stradbally.  The farm has been in the owners’ family for 13 generations since 1639 and the brewery is located in a 230-year-old grain store in the original stone farmyard.All the barley and all the water used in the brewery is sourced from the farm, and the company has also planted two small hop gardens next to the brewery.SEE ALSO – Brewery doors to open as Ballykilcavan set to welcome first tours TAGSBallykilcavan BreweryDavid Walsh-Kemmis WhatsApp Twitter Facebook Facebook GAA Pinterestcenter_img 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin GAA Silver success for Ballykilcavan Brewery at prestigious awards GAA Previous articleFuneral details announced for former Knockbeg student and teacher following sad passingNext articleScoil Chriost Rí bow out of All-Ireland junior championship LaoisToday Reporter Here are all of Wednesday’s Laois GAA results RELATED ARTICLESMORE FROM AUTHOR Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Twitterlast_img read more

Smuggling Goods on a Tube?

Smuggling Goods on a Tube?

first_img News Smuggling Goods on a Tube? North Korea tries to accelerate building of walls and fences along border with China There are signs that North Korea is running into serious difficulties with its corn harvest News Facebook Twitter AvatarKwon Jeong Hyun RELATED ARTICLESMORE FROM AUTHORcenter_img News Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak News On 28th, a video footage captured a man smuggling goods from China crossing the Yalu River on a rubber tube in the regions of Hyesan, Yakang province. It is common for small scale smuggling practices to occur along the Yalu River, though it is unusual to see a person using a rubber tube to illegally bring goods into the country.Though this incident may be brushed off as ludicrous, it signifies the need for daily necessities and demand for cigarettes which are commonly smuggled into North Korea. However, we cannot exclude the possibility that the goods may be Korean CD’s or even drugs which would be confiscated if officially passed through customs. Merchants from China and along the border are responsible for these small scale illicit deals. It seems that the man in the video footage is associated to the border guards as he casually gives the items to another guard waiting who wears clothing allocated to the People’s Army. The man sat on the tube carrying the bundle of items on his chest and used his shoes to paddle his way across the river.The moment he reaches the riverside, a North Korean border guard approaches him. The bundle of goods is given in exchange for some cigarettes. Then, the two men stand smoking a cigarette and hastily depart. Goods normally smuggled between North Korea and China are daily necessities such as rice, cigarettes, Chinese instant noodles, cosmetics and underwear. Many people use this approach to obtain goods since it takes a lot of money and time to pass items through customs. SHARE By Kwon Jeong Hyun – 2007.08.31 4:47pm last_img read more

TSX advances on encouraging economic signals

TSX advances on encouraging economic signals

TSX gets lift from financials, U.S. markets rise to highest since March The Toronto stock market started second-quarter trading with a solid advance Monday as encouraging factory data indicated that the global economic recovery continues at a slow but steady pace. One report showed China is likely heading for a soft landing while another suggested the U.S. manufacturing sector continues to expand and a third indicated the eurozone seems to be sliding into recession. S&P/TSX composite hits highest close since March on strength of financials sector Toronto stock market dips on weakness in the energy and financials sectors Facebook LinkedIn Twitter Related news Share this article and your comments with peers on social media Keywords Marketwatch The S&P/TSX composite index jumped 114.88 points to 12,507.06 while the TSX Venture Exchange added 3.39 points to 1,569.79. “This morning was a pretty good, broad sense of data that gave us a good indication of what’s going on around the world on the manufacturing side of things,” said Craig Fehr, Canadian markets strategist at Edward Jones in St. Louis. “Outside of domestic data, the data coming out of the U.S. and now China clearly will be the most important drivers for the Canadian markets and economy.” The commodity-sensitive Canadian dollar shook off early losses amid rising oil, copper and gold prices, up 0.73 of a cent to 100.98 cents US. U.S. markets also ran ahead after the Institute for Supply Management said that its manufacturing index came in at 53.4, slightly above expectations and up from February’s reading of 52.4. A reading above 50 indicates expansion. The Dow industrials closed up 52.45 points to 13,264.49. The Nasdaq climbed 28.13 points to 3,119.7, and the S&P 500 index advanced 10.43 points to 1,418.9. Meanwhile, the Chinese government announced that its official purchasing managers index, a gauge of business activity, rose 2.1 points to 53.1, the highest in almost a year. However, HSBC’s manufacturing PMI for China, although revised slightly upward to 48.3 from 48.1, still came in below 50 – which signals contraction – for the fifth month in a row. “Looking at both measures combined, the data still point to a Chinese economy coming in for a soft landing,” commented BMO Capital Markets senior economist Jennifer Lee. China’s growing economy has been a major source of support for a global economy still recovering from the 2008 financial crisis and recession. Its huge appetite for commodities has driven oil and metal prices higher and supported resource stocks on the TSX. However, the Toronto market is up only 3.65% year to date, lagging other markets as the resource-intensive TSX reacts to China’s slowing economy and worsening conditions in Europe. New York’s Dow industrials is up 8.1% so far this year while surging tech stocks have boosted the Nasdaq by almost 19% and the S&P 500 has run ahead 12%. There were fresh indications that the eurozone’s economy is contracting. Financial information company Markit said Monday that its purchasing managers index fell to a three-month low of 47.7 in March from the previous month’s 49. Markit says the eurozone’s two powerhouse economies, Germany and France, both saw activity levels deteriorate. France, in particular, fared worse with activity at a 33-month low. Commodities shot ahead in the wake of the strong manufacturing data. The base metals sector was up 1.58% as optimism about China helped push the May copper contract on the New York Mercantile Exchange up 10 cents to US$3.92 a pound. China is the world’s biggest consumer of the metal, often viewed as an economic bellwether as it is used in so many applications. Teck Resources (TSX:TCK.B) gained $1.06 to $36.67 while First Quantum Minerals (TSX:FM) climbed 30 cents to $19.32. Ivanhoe Mines (TSX:IVN) shares were off nine cents to $15.60 as the Vancouver-based miner said it was selling its stake of approximately 58% in Mongolian coal miner SouthGobi Resources Ltd. (TSX:SGQ) to Aluminum Corporation of China Ltd. for $889 million. Ivanhoe says it plans to use the proceeds from the sale to fund the continued development of its flagship Oyu Tolgoi copper, gold and silver mine in southern Mongolia. The TSX energy sector edged up 1.2% as oil came back from the lows of the morning following the release of the U.S. manufacturing data. The May crude contract on the Nymex gained $2.21 to US$105.23 a barrel. Canadian Natural Resources (TSX:CNQ) gained 69 cents to $33.75 and Suncor Energy (TSX:SU) climbed 61 cents to $33.20. Energy producer Nexen Inc. (TSX:NXY) said exploratory drilling had confirmed the size of the Appomattox light oil discovery in the Gulf of Mexico. The company said Monday that Appomattox has the equivalent of between 120 million and 370 million barrels of oil. The company’s share would be one-fifth of that and Nexen stock added 43 cents to $18.72. Bullion prices strengthened with the April contract up $7.80 to US$1,679.70 an ounce. The gold sector was ahead about one per cent as Barrick Gold Corp. (TSX:ABX) rose 51 cents to $43.86 and Goldcorp Inc. (TSX:G) rose 81 cents to $45.77. Financials also provided support with Manulife Financial (TSX:MFC) ahead 20 cents to $13.71. The tech sector was the weakest group as Research In Motion Ltd. (TSX:RIM) gave back 38 cents to $14.25 while MacDonald Dettwiler (TSX:MDA) declined $1.41 to $44.01. In other corporate news, hedge fund Pershing Square, which is making a push for the replacement of Canadian Pacific’s (TSX:CPR) top management, has named former Norfolk Southern vide-chairman Stephen Tobias to its slate of nominees to the railway’s board. Pershing Square, which has been locked in a bitter war of words with the top brass of Canada’s second-largest railway, holds a 14.2% share in Canadian Pacific. CP shares gained $1.07 to $76.78. Malcolm Morrison read more

Global banking downgrades ease in Q1: Fitch

Global banking downgrades ease in Q1: Fitch

Canadian banks to focus on growth, spending and buybacks after strong second quarter Developed European were responsible for most of the negative rating action, based on actions taken on seven eurozone countries: Belgium, Cyprus, Ireland, Italy, Slovenia, Spain and Greece, which resulted in negative actions being taken on bank ratings in these regions too. While the number of negative actions slowed dramatically, there were very few upgrades in in the first quarter (only eight). “Over 75% of ratings assigned by Fitch to banks globally are on stable outlook. This has held true over the past four quarters,” reports Janine Dow, senior director in Fitch’s Financial Institutions team. “However, this should be considered in the context that the rating stock has shifted downwards and the average rating is lower than it was a year ago.” Related news Fed plays limited role in assessing climate risks for banks The number of global bank rating downgrades was almost cut in half in the first quarter of 2012, Fitch Ratings reports. In a new report, the rating agency says that there were 57 rating downgrades for global banks in the first quarter, down from 103 in the previous quarter. The negative rating actions that did take place were concentrated in Europe, which accounted for 77% of all negative rating actions. James Langton TD getting new head of private wealth, financial planning Keywords Banking industry Share this article and your comments with peers on social media Facebook LinkedIn Twitter read more

Canadian financial firms to form new stock exchange

Canadian financial firms to form new stock exchange

Banks report disruptions as traders pile into BlackBerry, GameStop shares Royal Bank of Canada (TSX:RY), and several major financial companies are planning to set up a new stock market they say will provide meaningful competition to TMX Group (TSX:X). The group behind Aequitas Innovations Inc. says it’s in the midst of filing for regulatory approval at the end of this year and,if given the green light, the exchange could be up and running by late 2014. The plan has been in the works since last fall. In addition to RBC, which is Canada’s largest commercial bank, the project is being backed by a group of major financial players including mutual fund operators CI Investments Inc. (TSX:CIX) and IGM Financial Inc. (TSX:IGM), Canadian pension fund PSP Investments and the U.K.-based Barclays. Aequitas president and chief executive Jos Schmitt said the venture would provide investors a viable alternative to the Toronto Stock Exchange and other markets owned by TMX Group, which is controlled by a different group of banks, pension funds and financial services companies. “The industry is facing a lot of challenges,” Schmitt said Tuesday. “Activity is lower than what it used to be, costs are higher. We really wanted to rebuild confidence in the market, so going forward, the market and the business can grow.” Schmitt said the appeal of Aequitas, which is named after the Latin word for equality and fairness, will be its competitive fee structure for investors and particularly, smaller to mid-sized companies. In particular, it is promising to promote “true and reliable liquidity” to traditional investors it says are at a disadvantage with current markets that cater to high-volume trading activities to generate revenue. High-frequency trading (HFT) has been blamed for putting artificial volatility into the markets by using computers to engage in behaviours such as exploratory trading, where small orders are made to see where the big traders will go. “What we really want the investors to understand is that we bring quality. That will definitely translate itself into a reduction of intraday volatility,” Schmitt said. Aequitas makes a distinction between “predatory” and other high-frequency trading activities, saying some types impair small-scale retail investors and institutional investors representing pension plans and mutual funds. This announcement comes at a time when Canada’s largest stock exchange operator reported a drop in new listings, financings and trade volumes in its latest quarter. TMX Group said it had a first-quarter net profit of $37.8 million, or 70 cents per share. Revenues were $172.2 million for the three months ended March 31. In the same 2012 period, the TMX reported a net loss of $4.4 million, but the results were not comparable because of a change in ownership late last year and the consolidation of various platforms. The TMX Group was acquired by some of Canada’s largest banks, pension funds and other financial services as members of what was known as the Maple Group. Schmitt said the appetite for a new exchange is strong, and Canada is not lacking in its number of high-quality companies to fill it. “We just miss some of the right tools,” he said. Linda Nguyen Facebook LinkedIn Twitter Share this article and your comments with peers on social media U.S. exchanges scrap political contributions Related news Keywords Stock exchanges,  High frequency tradingCompanies Royal Bank of Canada, Aequitas NEO TMX caps stronger 2020 with Q4 profits growing to $71.8 million read more

UK forex firm out of business

UK forex firm out of business

first_img Share this article and your comments with peers on social media OSC approves $24.5M in settlements with TD, RBC Another foreign exchange (FX) brokerage firm has been driven out of business by losses caused when the Swiss National Bank (SNB) decided to remove the peg between the Swiss franc and the euro. The UK Financial Conduct Authority (FCA) said Tuesday that LQD Markets UK has entered into insolvency proceedings. According to a letter from the firm’s administrators, LQD ran into trouble when the SNB decision led to extreme volatility in FX markets. The letter says that the firm explored alternatives for recapitalizing the business, but that those efforts ultimately failed, and so it entered insolvency proceedings instead. Keywords Foreign exchange Related news Ontario court certifies FX benchmark class actioncenter_img The administrators are currently working to reconcile client accounts, although the administrators indicate that there does appear to be a deficit in client assets. The exact size of that deficit is not yet known. The FCA has ruled that a “primary pooling event” took place under its rules designed to protect client assets on Jan. 28. As a result, clients’ assets are pooled together and all eligible clients are entitled to share of the assets in the pool on a pro-rata basis. Clients that are missing money may be able to make a claim to Financial Services Compensation Scheme in the UK, which will pay up to £50,000 ($94,200) per person in compensation. James Langton TransferWise to launch borderless debit card in Canada in 2019 Facebook LinkedIn Twitterlast_img read more

AAJ Group Netted $239.7 Million in Surplus

AAJ Group Netted $239.7 Million in Surplus

first_imgRelatedAAJ Group Netted $239.7 Million in Surplus FacebookTwitterWhatsAppEmail The Transport and Works Ministry has reported that the Airports Authority of Jamaica (AAJ) Group netted $239.7 million in surplus in the last financial year, which is $14.5 million above projections.The financial performance of the AAJ Group, up to February 2009, also surpassed the results for the corresponding period in the previous year.Based on figures from the 2009/10 Sectoral presentation by Transport and Works Minister, Hon. Mike Henry, the operating surplus for the last financial year was $552.6 million compared to $462.5 million in the 2007/2008 financial year.Despite the surplus, the Transport Ministry said the operating surplus fell below expectations. It said there was a $60 million shortfall, as it was budgeted that the AAJ Group would see an operating surplus of $612.6 million.The Ministry noted that a key cost containment initiative within the fiscal year was the boosting of the energy management programme at the Norman Manley International Airport in Kingston. This included the implementation of new start and shutdown times for major energy consuming equipment, such as air-conditioning.To increase revenue growth in this fiscal year, the AAJ Group will be focussing on boosting non-aeronautical revenues. The Ministry said the AAJ plans to improve the retail offerings of the airports as well as introduce ‘pay per use’ executive departures and arrivals lounges, which the Ministry said should become fully operational in this financial year.The Ministry projects that non-aeronautical revenues will increase by 13 per cent in 2009/10 over the previous year’s revised budget. Total operating expenses are expected to be contained within an increase of seven per cent over the revised budget for 2008/09. RelatedAAJ Group Netted $239.7 Million in Surplus RelatedAAJ Group Netted $239.7 Million in Surpluscenter_img AAJ Group Netted $239.7 Million in Surplus TransportSeptember 19, 2009 Advertisementslast_img read more

Minister Vaz Welcomes Claro’s Investment in Jamaica

Minister Vaz Welcomes Claro’s Investment in Jamaica

first_imgFacebookTwitterWhatsAppEmail Minister with responsibility for Information, Telecommunications and Special Projects in the Office of the Prime Minister (OPM), Hon Daryl Vaz, has commended telecommunications firm Claro’s significant investment in wireless and data networks across Jamaica, within its first year of operation.“You have, with the use of your 3G network infrastructure, brought fast reliable voice and data services to Jamaica, with internet offerings such as video calling,” Mr. Vaz noted.The Minister was addressing Claro’s Corporate Christmas Dinner, at the Hilton Kingston Hotel, New Kingston on Thursday (December 10).Alluding to the current “atmosphere of change” within the telecommunications sector, the Minister noted that there was evidence of considerable commercial re-organisation among a diverse range of companies seeking a competitive advantage in the sector.Minister with responsibility for Information, Telecommunications and Special Projects in the Office of the Prime Minister, Hon. Daryl Vaz (second right), pictured with Chief Executive Officer of Claro, Alejandro Gutierrez Olvera (right) and the firm’s Commercial Director, Adriana Arzate (second left), as well as Jamaica Racing Commission’s (JRC) Financial Director, Douglas Walker, during Claro’s Corporate Christmas Dinner at the Hilton Kingston Hotel, New Kingston, on Thursday (December 10).“Some, like yourselves, have taken hold of the opportunities presented by this, and are now offering abundant services to your customers,” he pointed out.He added that with the pattern of technological change and commercial reorganisation apparent in ICT, calls for new regulatory arrangements governing the sector and its users, and Government was now moving to make the necessary changes.He urged Claro, and other service providers, to continue with their ‘affordable, modern and cutting edge” technology, as the Government moved to provide universal telecommunications access and service.Mr. Vaz also commended Claro on the employment of some 278 Jamaicans among its staff complement of 282. He said this was very important and encouraged the company to keep up the ratio.Minister with responsibility for Information, Telecommunications and Special Projects in the Office of the Prime Minister, Hon. Daryl Vaz (centre) speaking with Commercial Director at Claro, Adriana Arzate (left) and the company’s Chief Executive Officer, Alejandro Gutierrez Olvera during Claro’s Corporate Christmas Dinner at the Hilton Kingston Hotel, New Kingston, on Thursday (December 10).Claro’s Director for Information Technology, Colin Webster, addressed the firm’s efforts to provide direct employment opportunities for Jamaicans. He said that, in its “typical measured and disciplined fashion”, and commensurate with the growth in business, they would continue to increase employment each month.“We recognize that we are among the few people in this difficult economic climate that are still hiring, and this is something of which we are very proud,” Mr. Webster stated.He said that Claro also expected that indirect employment was taking place among its network of dealers, as well as with the many service providers Claro works with. RelatedMinister Vaz Welcomes Claro’s Investment in Jamaica Advertisements Minister Vaz Welcomes Claro’s Investment in Jamaica InformationDecember 12, 2009center_img RelatedArchives Critical to Jamaica’s History RelatedMinister Vaz Welcomes Claro’s Investment in Jamaicalast_img read more

Managing extremes

Managing extremes

first_imgManaging extremes North‑west Queensland producer Colin Burnett knows the risks of running a grazing business in extreme conditions all too well.Shortly after he used his 2018 Nuffield Scholarship to study business sustainability in varying climate and market forces, Colin was facing a natural disaster of his own.In just 11 days from 2 February 2019, ‘Lara Downs’ – which Colin runs with his brother Adam near Julia Creek, Queensland – received 963mm, nearly double their annual rainfall in one event.Colin said the region’s climatic cycle tends to be five years of average or below-average rainfall, followed by five years of average or above-average rainfall.This flood came on the back of a better than average season in 2018.As soon as the torrential rain eased, the Burnetts put a drone up to check the damage.“It was pretty bad, a quarter of the property was under floodwaters,” Colin said.They lost 20% of their herd and, with 18km of the Flinders River running through the property, there was extensive infrastructure damage, including 45km of fencing and erosion to 15km of roads and gullies across the property.The Burnetts took a measured response to recovery, looking for opportunities to rebuild a more robust business to manage future risk.Short termAfter conducting aerial fodder drops and property inspections to estimate losses, their next priority was moving cattle out of flooded areas and into paddocks less susceptible to flooding, in case more water came down the system.In March and April of 2019, after waters subsided, they turned their attention to re-fencing. The first stage was 27km of new boundary fencing, followed by repairing or replacing internal fencing.“We took the opportunity to realign fences to reduce future risk and maximise return on investment,” Colin said.“We shifted fences away from flood areas and removed three of the five fences crossing the river.”He credits support from the community and organisations such as BlazeAid as vital for ‘boots on the ground’ help with fencing and mustering immediately after the flood.Medium termThe fencing program pushed the usual April­–May muster back to June, when the Burnetts could get a real handle on stock losses and plan future business requirements.They sourced good quality young cattle out of dry areas along the eastern seaboard but, with limited rain since the flood and limited pasture response, they couldn’t fully restock, and by October 2019 were only running at about two-thirds of capacity.Colin drew on financial planning resources offered by the Queensland Department of Agriculture and Fisheries including cashflow management and restocking strategies.He accessed the $75,000 Queensland Government grant for initial recovery activities, including fodder and fencing, and was approved for a $400,000 grant to continue stocking.Long termBy the end of 2019, Colin finally had a chance to catch his breath and take a critical look at his business.He has taken any opportunity to generate cash flow, including trading cattle, baling and selling pasture hay, and contracting their earthmoving equipment.Ongoing activities include controlling weeds such as noogoora burr and prickly acacia brought down in the floodwaters, and working with Southern Gulf Natural Resources Management to address erosion along the river.Colin said the flood highlighted the need for risk management in northern Australia’s unpredictable environment.“For me, sustainability means a prosperous agricultural industry across northern Australia, which leads to the whole community’s viability, but risk is inherent and should be part of normal management.“In particular, climate risk management is one of the critical factors to business sustainability – it’s a must.”Lessons learned Look for non-traditional opportunities to generate cashflow.During herd rebuilding, source the right cattle for your production goals.Strategically rebuild infrastructure to reduce risk and maximise investment.Latest news Reflections on 2020 18 December 2020 Lamb Legend lockdown masterclass for Melbourne Doctor 18 December 2020 Clare has the ‘perfect’ solution to attract youth to ag 17 December 2020 MLA’s top 10 articles from 2020 17 December 2020 SEE ALL NEWS /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Agriculture, Australia, Australian meat, Clare, community, environment, financial planning, Fisheries, Flinders, Government, infrastructure, Investment, Julia Creek, livestock, Meat & Livestock Australia, Melbourne, production, Queensland, sustainabilitylast_img read more

Stabilizing Atmospheric Carbon Is Topic Of July 10 CU-Boulder Talk

Stabilizing Atmospheric Carbon Is Topic Of July 10 CU-Boulder Talk

first_imgChris Green, professor of economics from McGill University of Montreal, to speak on “Stabilizing Atmospheric Carbon Dioxide: What Will it Take?” on Wednesday, July 10, at the University of Colorado at Boulder. Green’s talk will begin at 3 p.m. in the Cooperative Institute for Research in Environmental Sciences auditorium, room 338. The event is free and open to the public, and is sponsored by CIRES’ Center for Science and Technology Policy Research. Green, along with engineer Douglas Lightfoot, has examined the claim made by the Intergovernmental Panel on Climate Change, Working Group III, that known technological options can stabilize atmospheric carbon dioxide without requiring “drastic technological breakthroughs.” “Our work finds that a combination of energy efficiency improvements and renewable energies are not nearly sufficient to achieve stabilization,” Green said. Most carbon released into the atmosphere comes from burning fossil fuels. Carbon dioxide, or CO2, is the primary greenhouse gas contributing to global warming. But because CO2 has a long atmospheric life, scientists have determined that emissions must be reduced well below 1990 levels in order to stabilize atmospheric CO2 concentrations by 2100, and control warming. “If climate policies are framed on the assumption that existing technologies are sufficient to achieve stabilization when, in fact, they are not, they are likely to be very costly and result in time lost and resources wasted before other strategies are pursued that are more likely to contribute to stabilization,” Green said. “An energy-climate policy with greater prospects for successful stabilization than that assumed by the IPCC would have leading industrial nations commit to long-term research and development into new carbon-free technologies.” A map to the CIRES auditorium is available online at http://cires.colorado.edu/pictures/map.pdf. Published: June 30, 2002 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more