Probability

Glenfarne Energy Transition’s Texas LNG Selects Gulf LNG Tugs of Texas to Build and Operate Tugboats for Export Facility

Retrieved on: 
Friday, February 16, 2024

In line with Texas LNG’s “Green by Design” approach, the tugboats will be among the most modern, low-emissions tugboats available to serve a facility of Texas LNG’s size.

Key Points: 
  • In line with Texas LNG’s “Green by Design” approach, the tugboats will be among the most modern, low-emissions tugboats available to serve a facility of Texas LNG’s size.
  • We are pleased to have Gulf LNG Tugs on board as a partner and look forward to the jobs and local content they will bring to both Texas LNG and the local Rio Grande Valley community.”
    In a joint statement from Gulf LNG Tugs partners: “Gulf LNG Tugs is excited to be providing marine services in a long-term partnership with Texas LNG.
  • Texas LNG is also designed to be one of the lowest-emitting export terminals on the planet, providing reliable, responsibly sourced U.S. LNG to help fuel the global energy transition to renewables and reinforce energy security.
  • Texas LNG expects to close its project financing later this year with construction commencing shortly thereafter.

Rhinos can’t sweat, making them vulnerable to overheating: global warming could wipe them out in southern Africa

Retrieved on: 
Thursday, February 15, 2024

Southern Africa is home to 22,137 of the world’s 23,432 white and black African rhinos.

Key Points: 
  • Southern Africa is home to 22,137 of the world’s 23,432 white and black African rhinos.
  • But they’re facing grave threats because of a warming planet.

Why are rhinos in danger of being wiped out?


Rhinos cannot sweat. If they want to cool their large bodies down in the heat, they need to consume a lot of water. They also rely on wallowing in water holes and resting in the shade. As Earth heats up, rhinos will only survive if they have more opportunities to cool down.

How did you calculate that rhinos will not survive the worst scenario?

  • We looked at the temperature and rainfall averages in each of the best locations for rhinos, and then we mapped out the extremes.
  • Our conclusion was that if the world enters the 8.5 Representative Concentration Pathway, there is zero probability of rhinos surviving in southern Africa.

Is there a Plan B to avoid the worst for rhinos?

  • Our view is that governments and societies should start planning immediately to ward off the worst-case scenario.
  • For rhinos to survive this climate change scenario, corridors will also need to be set up for rhinos to move between parks.
  • This will be very challenging for the parks and they must start planning their landscapes now.

How much will all this cost?

  • One of the ideas is that when you protect a species like rhinos, elephants and gorillas, the investment you make in that species will help multiple species.
  • Until recently, our mindset about rhinos was about how they benefit us by bringing in revenues.
  • We have to start looking at rhinos as an essential part of an ecosystem that is providing services to society.

2085 isn’t far away. Could it really be over for rhinos by then?

  • These pathways are the global standard for predicting how the climate will change based on the actions of humans.
  • We chose to map the future of rhinos based on the 4.5 and 8.5 Representative Concentration Pathways.
  • This will warm the climate on the planet by an average of 2.4°C (between 1.7 and 3.2 degrees celsius) by 2100.
  • But Earth will only get onto this pathway if we manage to cut methane gas and carbon dioxide emissions.
  • By 2100, carbon dioxide emissions would also need to drop by half the level reached in 2050.


Timothy Randhir does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Can we be inoculated against climate misinformation? Yes – if we prebunk rather than debunk

Retrieved on: 
Thursday, February 15, 2024

The link between extreme events and climate change is clearer than ever.

Key Points: 
  • The link between extreme events and climate change is clearer than ever.
  • Misleading or incorrect information on climate still spreads like wildfire, even during the angry northern summer of 2023.
  • People producing misinformation have shifted tactics, too, often moving from the old denial (claiming climate change isn’t happening) to the new denial (questioning climate solutions).
  • Prebunking often has a better chance of success, according to recent research from co-author Sander van Linden.

How does prebunking work?

  • Psychological inoculation via prebunking acts like a vaccine and reduces the probability of infection.
  • (We focus on misinformation here, which is shared accidentally, not disinformation, which is where people deliberately spread information they know to be false).
  • You can now find prebunking efforts on Meta sites such as Facebook and Instagram intended to protect people against common misinformation techniques, such as cherry-picking isolated data.
  • Read more:
    YouTube: how a team of scientists worked to inoculate a million users against misinformation

Prebunking in practice

  • As an example, let’s prebunk claims likely to circulate after the next big fire.
  • A devastating fire 100 years ago does not disprove the trend towards more fires and larger fires.
  • Media can give information on the most common causes of bushfires, from lightning (about 50%) to accidental fires to arson.
  • Show how government agencies can and do communicate openly about why climate regulations are necessary and how they are intended to stave off the worst damage.

Misinformation isn’t going away

  • It’s no wonder it’s a golden age for misinformation.
  • Misinformation actors have found effective ways to cast scepticism on established science and then sell a false alternative.
  • As the world gets hotter, prebunking offers a way to anticipate new variants of lies and misinformation and counter them – before they take root.
  • Chris Turney receives funding from the Australian Research Council.
  • He is a scientific adviser and holds shares in cleantech biographite company, CarbonScape.

Australia’s shot-hole borer beetle invasion has begun, but we don’t need to chop down every tree under attack

Retrieved on: 
Thursday, February 15, 2024

To control its spread, the Western Australian government is chopping down hundreds of established trees.

Key Points: 
  • To control its spread, the Western Australian government is chopping down hundreds of established trees.
  • Originally from southeast Asia, the polyphagous (meaning “many-eating”) shot-hole borer has invaded several countries.
  • It attacks more than 400 tree species, including crops such as apple, avocado, macadamia and mango.
  • We need a wide range of experts to fully evaluate all available control methods, and consider the most appropriate time frame for eradication.

The nature of the beast(s)


The borer probably arrived in Australia as a stowaway with untreated wood and remained undetected until August 2021, when a concerned resident of East Fremantle noticed unusual holes in her backyard maple trees. Now more than 80 suburbs in 25 councils are affected. Fortunately, the pest has not yet been detected outside the Perth metropolitan area.

  • The borer creates a Swiss cheese-like matrix of tunnels through the wood.
  • The fungus feeds on the wood lining the tunnels as it grows, and the borer eats the fungus.
  • The borer’s small size likely limits its natural rate of spread, however we don’t know how far it can fly.

Responding to the threat in Australia

  • The threat to Australia can be estimated from the experience in other invaded locations.
  • Figs and eucalypts not susceptible in California and Israel, yet figs are preferred and some eucalypts are susceptible in WA.
  • This makes it hard to detect false negatives, when no beetles are trapped but there are beetles in the area.
  • All these benefits can be assigned a significant monetary value, which would be even higher if intrinsic or cultural value could be included.

Waging war on the shot-hole borer

  • Alternatives may include removing and chipping infested branches only, which may be more cost-effective than felling entire trees, to injecting at-risk but uninfested trees, and slowing infestations in trees or spraying repellents onto uninfested trees.
  • In California, traps were developed into an attract-and-kill strategy to tackle the borer in avocado orchards.
  • Relevant solutions from around the world suggest broader community engagement, beyond Perth, would be beneficial.
  • As the borer has only been detected in Perth, the window of opportunity is open now.
  • Read more:
    Citizen scientists collect more nature data than ever, showing us where common and threatened species live


The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

RocketStar Announces Newest SBIR Contract Win to Develop Low Probability of Interception Communication Software for the Military

Retrieved on: 
Wednesday, February 14, 2024

In December, RocketStar continued its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.

Key Points: 
  • In December, RocketStar continued its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.
  • In today’s increasingly contested space domain, ensuring secure and reliable communication during launch and throughout satellite operations is paramount.
  • Near-peer adversaries such as China and Russia have the capability to disrupt, detect, and infiltrate communication channels utilized for space operations.
  • "We are eager to apply our unique LPI software and advance RocketStar's efforts to help the DAF secure our nation."

Study Finds That Improving Financial Literacy Supports Retirement Wellness and Confidence

Retrieved on: 
Wednesday, February 14, 2024

KING OF PRUSSIA, Pa., Feb. 14, 2024 /PRNewswire/ -- The American College of Financial Services 2023 Retirement Income Literacy Study finds that older Americans lack actionable retirement knowledge—averaging 31% on a retirement literacy quiz. The study reinforces the direct relationships that exist between financial literacy and factors such as asset level, as respondents with more than $1.5 million score twice as high as those with less than $100,000 (50% vs. 25%). The study also reveals the essential role financial professionals play in educating clients, as advised respondents have higher retirement income literacy and better outcomes than their peers.

Key Points: 
  • The American College of Financial Services shares the fourth iteration of the Retirement Income Literacy Study to gauge older Americans' retirement knowledge, highlight gaps and opportunities
    KING OF PRUSSIA, Pa., Feb. 14, 2024 /PRNewswire/ -- The American College of Financial Services 2023 Retirement Income Literacy Study finds that older Americans lack actionable retirement knowledge—averaging 31% on a retirement literacy quiz.
  • The 2023 Retirement Income Literacy Study reveals the predicted probability of the highest Retirement Confidence level increases with Retirement Income Literacy Score.
  • "When we measured financial anxiety and financial stress, those with a financial professional had 20% less financial anxiety and 25% less financial stress."
  • The 2023 Retirement Income Literacy Study conducted by The American College of Financial Services measures financial literacy in 12 retirement-related knowledge areas among individuals approaching or in retirement age.

Managing the transition to central bank digital currency

Retrieved on: 
Wednesday, February 14, 2024

Key Points: 

    goeasy Ltd. Reports Results for the Fourth Quarter and Full Year & Announces Increase to Automotive Securitization Facility

    Retrieved on: 
    Tuesday, February 13, 2024

    MISSISSAUGA, Ontario, Feb. 13, 2024 (GLOBE NEWSWIRE) -- goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), one of Canada’s leading non-prime consumer lenders, today reported results for the fourth quarter and full year ended December 31, 2023 and announced a $125 million increase to its existing revolving securitization warehouse facility collateralized by automotive consumer loans (the “Automotive Securitization Facility”) from $375 million to $500 million, including a 1-year term extension.

    Key Points: 
    • During the quarter, the Company generated loan originations of $705 million, up 12% compared to $632 million produced in the fourth quarter of 2022.
    • At quarter end, the consumer loan portfolio was $3.65 billion, up 30% from $2.79 billion in the fourth quarter of 2022.
    • Operating income for the fourth quarter of 2023 was a record $137 million, up 81% from $76 million in the fourth quarter of 2022.
    • Adjusted operating margin1 for the fourth quarter was a record 41.6%, up from 36.5% in the same period in 2022.

    Kratos Reports Fourth Quarter and Full Year 2023 Financial Results

    Retrieved on: 
    Tuesday, February 13, 2024

    Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.

    Key Points: 
    • Adjusted earnings per share (EPS) was $0.12 for the fourth quarter of 2023, compared to $0.08 for the fourth quarter of 2022.
    • Fourth quarter 2023 Revenues of $273.8 million increased $24.5 million, reflecting 9.8 percent and 7.3 percent organic growth, respectively, from fourth quarter 2022 Revenues of $249.3 million.
    • KUS’s Operating Income was $1.0 million in the fourth quarter of 2023 compared to $1.8 million in the fourth quarter of 2022.
    • KUS’s Adjusted EBITDA for the fourth quarter of 2023 was $4.0 million, compared to fourth quarter 2022 KUS Adjusted EBITDA of $4.5 million, reflecting reduced volume.