Easwaran Kanason

Co - founder of NrgEdge
Last Updated: July 30, 2021
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Business Trends
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Two very different economic blocs. Two pathways to a carbon-free future, one younger and one more mature. And one more with plenty of ambition but hamstrung by inaction. Between China, the EU and the US, three of the most powerful economies in the world all agree that pursuing a carbon neutral future is necessary if the planet is to limit global warming levels to 1.5 degrees Celsius above preindustrial levels, as committed under the Paris Climate Agreement. But the question of how to get there is the tricky one. In the past two weeks, both China and the EU have unveiled their own sweeping plans meant to limit greenhouse gas emissions, both incredibly ambitious in their own right but both also facing headwinds.

Let’s start with China. In Shanghai, the Shanghai Environment and Energy Exchange launched the country’s national emissions trading system on July 16. Currently focused on its own companies, the Chinese emissions trading system is already the world’s largest carbon market from the first day of operations. Covering an initial 2225 power plants that are estimated to emit more than 4 billion tonnes per annum of carbon dioxide, that amount already exceeds the European Union’s scheme, which covers about 2 billion tpa of emissions according to the International Emissions Trading Association. And there is still plenty of room to grow.

China decided to kick off its carbon trading platform with a focus only on power companies, given that they are among the most polluting of industries contributing to roughly 40% of China’s annual carbon emissions and roughly 14% of global carbon emissions from fossil fuel combustion according to the IEA. This initial phase allows the domestic participating companies to cover their own emissions by purchasing surplus allowance from those that have been able to cut their emissions through the exchange. Within the first week, Chinese energy giant Sinopec already closed a huge bulk deal by buying a 100,000 tonnes of carbon emission quota through its subsidiary Unipec. In the first day alone, a total of 4.1 million tonnes were traded, with the price rising from the opening CNY48 (US$7.41) to CNY51.23 (US$7.89), reflecting strong demand as the Chinese state aims to reach peak carbon emissions by 2030 and carbon neutrality by 2060. While the current price is still well under the €50 ($58.87) per tonnes under the EU emissions trading scheme, it is a bold step forward that can only grow.

In time, China intends to add other sectors such as iron and steel, cement, aluminium, paper, domestic aviation, building materials, and petrochemicals to future phases of the trading scheme. In addition, the first phase of the Chinese ETS is only limited to spot transactions by domestic players, but over-the-counter transactions and foreign/individual investors are expected to be added eventually one the exchange matures. Stricter carbon caps by industry may also be added, although the timing and scope have yet to be determined; China’s scheme is based on carbon intensity, rather than the EU’s absolute cap on emissions, which means that total emissions can still rise as power generation grows. For now, the price paid per on will be passed on to consumers, which promotes efficiency and incentivises emissions-cutting by giving a cost advantage to companies that are able to slash their carbon faster than required.

It’s a good start, even though it is unlikely to result in an acceleration of emissions reduction soon, given that there is not enough surplus renewables capacity to match the emissions of carbon-intensive industries. Which means that China will need to continue on its mammoth rollout of solar, wind and nuclear energy over the next decade to truly make a difference.

If China is just starting out with a framework that will service it for the next half century, then the EU is racing ahead to beat its own previous targets. The EU Commission has unveiled a new – dubbed the European Green Deal – that intends to achieve and exceed its commitments under the Paris Agreement, which bound the bloc to cutting greenhouse gas emissions by 55% in 2030 from 1990 levels and achieve net-zero emissions by 2050. The adoption of this target has already had ramifications across the continent, with almost all major energy companies adopting carbon neutral targets along the same timeline. And in some cases, even further, with the recent court judgement in the Netherlands that Royal Dutch Shell must accelerate its emissions-slashing plans globally from its already ambitious plan.

The new EU proposal aims to cut reliance on fossil even further and promote renewables. Central to this is a requirement that the share of renewable energy sources as part of Europe’s mix must rise to 40% from 20%, while limiting pollution from fossils fuels from key sectors like power, transportation, shipping, agriculture and housing – resulting in a 61% fall from 2005 levels by 2030, compared to the current target of 43%. Controversially, the EU proposal also deals with the idea of ‘imported pollution’ – carbon leakage that is caused by shifting production to countries with loose or no emissions rules by imposing a carbon import tax that will begin in 2023 for full implementation in 2026. This would ensure domestic competitiveness within the EU while incentivising trading partners that do adopt carbon plans by allowing the carbon price (as determined through China’s emissions trading system, for example) to be deducted from the carbon cost bill when entering the EU. It is a plan that has already sent shudders through global supply chains, triggering accusations of bias by developing countries. But there is also dissent for the plan in Europe itself. Emmanuel Macron’s government in France, one of the main pillars of the EU, is reportedly already lobbying to watering down the proposal to create a new carbon market for domestic heating and road transport, and phasing out all combustion engine cars by 2035. Other countries, including the Netherlands and Hungary, are also worried about the social impact, since the plan would drive up costs for average citizens. The EU Commission claims the increase in costs will not be too much, on the assumption that revenues generated from the new carbon market will be channelled to subsidise fuel bills of low- and middle-income households. 

Between China and the EU, bold moves have been made to progress on a carbon neutral future. But there is one major player that has plenty of ambition as well, but is unable to proceed with similar bold steps due to politics. Since taken over the White House in January, US President Joe Biden has made renewables a focus of his administration – announcing initiatives to scale back on fossil fuels and move to 100% carbon-free electricity by 2035. But his ability to push further – by, say, creating a national renewable standard or fund renewable infrastructure is hampered by Republican obstruction and state pushback. The likelihood that the Republicans may increase their power in the next mid-term elections also pours water on the idea that Biden’s big ideas can take shape eventually. But where the American government can’t step up, private investors can step in: witness the recent shareholder revolts at Chevron and ExxonMobil. The march towards carbon neutrality will be tortuous and long, but at least there is some progress happening now to ease the difficult path the world must take in the future.

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Market Outlook:

  • Crude price trading range: Brent – US$74-76/b, WTI – US$73-75/b
  • Despite continued worries over the Covid-19 delta variant, global crude prices continued to push higher after faltering mid-month; increases in consumption in the US and China is underpinning this, but that demand recovery is uneven globally
  • Active rigs in the US continue to gain at 491, just shy of the 500 site mark; while this illustrates the recovery in the US shale patch, this is still a major reduction from the active site count the last time WTI prices were this high, illustrating the new restrained and disciplined approach taken by the onshore industry there

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Making use of commercial timber pellet mill

Today we  will certainly  discuss industrial  timber pellet mill  Most of us know that  contemporary society  promotes the recycling of resources, especially waste wood, sawdust, straw,  and so on. The  timber that  might not be  utilized before can be  refined into sawdust after  squashing  and also processing., sawdust  as well as other raw materials,  advertise the recycling of waste wood,  as well as facilitate our lives.

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Around us, waste wood, branches, waste wood scraps, bark, branches, waste boards, veneers,  furnishings factory scraps,  assorted wood, etc can be  grated into sawdust,  and also biomass pellet fuel is  generated through the industrial  timber pellet mill The finished product has high  burning efficiency and little harm to the  atmosphere, which can be  claimed to kill two birds with one  rock.

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Over the years, Richi Machinery  has actually focused on the research and development, design  and also production of  commercial  timber pellet mills, wood  cutting pellet machines, sawdust pellet  makers, biomass pellet machines, wood pulverizers,  timber pellet  assembly line,  timber processing  tools  and also  various other  items. All  items have passed ISO9001 :2008 The international  high quality  monitoring system  qualification  as well as EU CE  qualification have  gotten to the  worldwide  sophisticated  degree,  as well as the  items  swiftly cover the domestic market and are exported to countries  all over the world.

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August, 03 2022
Seven Tips for Online Learning During COVID-19

It is no secret that the COVID-19 epidemic has forced us all to make significant changes in our lives. Remote work has been an option for businesses; K-12 schools have adopted distance learning as a necessity; many college students, who were previously enrolled in on-campus courses, now have to learn online.

While online learning carries many positive benefits that make it the preferred choice for millions of students, it doesn't come without its challenges--especially for students who are more familiar with in-person courses.

Here are seven tips from Jonathan Small (associate vice president for online learning at Regis College), that will help you to adapt your study habits to fully online learning.

Tips for Online Classes1. Take the time to plan ahead and understand when your assignment is due.

Online students interact with the subject matter and complete assignments via learning management software (LMS). Regis offers online classes through Moodle. Other popular tools include Canvas and Blackboard.

It doesn't matter what LMS you use, it is important that you take the time to familiarize yourself with the interface as well as your assignments. Take a look at the due dates for your assignments so you can create a realistic plan to complete them.

Small says that online classes are often structured in modular formats, which is different from face-to-face classes. You don't always have the physical reminder that your work is due in class. Online classes can be very busy, so students must organize their time.

2. Make sure you have enough time to study.

Many students at Regis and other universities pursue their education while also fulfilling other obligations. You have to balance work, childcare, family obligations, and internships.

Small says, "Chunking tasks is a great way for students to feel accomplished." You feel like you are making progress. You can also schedule a time to study, which will help you establish and maintain a routine.

3. Regular communication is essential for group projects.

Many college courses include group projects and assignments that you must compete with others in the class. This is true for both online and in-person courses. Small says that while in-person courses allow for group projects and bring people together face to face, online students must be careful about communicating effectively.

Groups must prioritize communication, regardless of whether it's via Zoom, email or phone call, instant messaging, shared documents, or any other form altogether.

Small says, "Find a system which works for everyone in your group and then follow up often."

4. Split up work groups early.

It is important that groups are able to properly divide tasks so that everyone has a fair share and everyone knows exactly what they have to do.

Small advises that group projects should be planned far in advance so that everyone can share the work and coordinate their efforts. This way, even if something isn’t due for a few more weeks, everyone has the opportunity to use their time and work on their tasks as they can.

5. Keep in touch with your professor frequently.

As important as it is to communicate with your classmates and group members, it's equally important that you communicate with your instructor or professor. Whether you need help with an assignment, or simply want to share your struggles with them, make the effort to contact your professor.

Small says that talking to your instructor is key to success. Small says that you don't have to struggle with your questions and concerns alone. The professor can help. Talking to your instructor for five minutes can help you save days of stress. You will feel better, get more clarity, and be more successful.

You don't have to communicate only when things are going wrong. You can build a rapport with your instructor by letting them know when things are going well.

6. Participate as often as you can

Participation is key to your success, no matter if you are taking classes online or in person. Active participation not only shows your professor you are engaged but also shows you are learning and willing to do the work required to succeed. Participation transforms education from a passive process to one that is active.

Small says that the more you take part as a student the better your experience will be.

7. Flexibility is key.

Flexibility is key to online learning, both for you and your fellow students--and even your professors.

Small says, "Remember that your instructors had only to switch to remote teaching within a weekend. That's the same time it took to transition to online learning."

"This happened by accident. It's possible to restore the campus community by simply being compassionate, active in your course material, and talking to your instructors. This will make the transition smoother.

Put in the Work

Online learning might not be your first choice. However, the tips and advice above will help you make the most of your online courses. Clear and open communication with your classmates and instructors, as well as staying focused on the course material, will be key to your success in this difficult time.

Related article from studentjob.co.uk : http://www.studentjob.co.uk/blog/5757-best-online-exam-help-top-five-websites-you-can-trust 

Related Resources:

Are Online Classes Worth It? 12 Pros & Cons Of Online Learning

Tips to Be Successful in Your Online Classes In 2022

5 Reasons Why Online Learning is the Future of Education

The Impact of Online Classes on Students


August, 02 2022
What is a Satire Essay and How Does It Work?

One of the most popular literary devices or genres is Satire. This genre is especially designed to criticize someone or group of people for their vices, wrongdoings, or shortcomings.


Usually, humor is used to highlight important political and cultural issues in a society. A satire article is a type essay that uses humor, sarcasm, and irony to ridicule a person, situation, or ideology. It pokes fun in an elite and sarcastic fashion at certain people or situations.


How to Write Satire Essays: Writing Tips

How do you write a satire article? It doesn't have to be difficult, even though it seems daunting. However, once you use the following tips, it can be an easy task to write a satire article.


Choose a relevant and original topic

This is why you will need to create a satire essay. Your first step is to pick a satirical essay topic. You may be assigned a topic by your professor or teacher in some instances, but you would need to create your topic.


Decide the topic of your essay. Depending on what you are interested in, you can choose to concentrate on either a political or societal situation.


However, it's a good idea to choose a topic you are already familiar with. This will make it easier to locate facts and evidence to support the views you hold.


Consider your audience

Your essay is the center of attention. You must consider your audience at every stage of the writing process. Your essay should be addressed to college professors or high school students.


Are professionals reading it or are you just a student? It is important to consider your audience and determine the right tone for your essay.


A casual tone is acceptable if your target audience is mostly friends and students. It's best to use a formal tone if your target audience is professionals.


Add humor!

What makes a humorous essay so engaging? It is the topic, or the writer's writing style that makes satire essays so interesting. Humor is the key ingredient to any satire essay. You want your audience to laugh at the absurdity or inanity of a person or situation. Irony, sarcasm or hyperbole are all great ways to accomplish this end.


These devices can be very effective if used in a thoughtful manner.


Be clear about the facts

Because satirical essays often use exaggeration and humor, it is crucial to write an essay that is straightforward. An essay that contains false or misleading information will not be accepted by the court of public opinion.


Therefore, facts should only be stated that are supported by strong evidence. If you want to give credibility, be sure to cite the source of your information after citing figures, theories, opinions, etc.


This would ensure your audience that your essay was credible. Avoid including arguments that you are unable to prove or find evidence.


Use the ELP Format

ELP format is a great tool to ensure that your satire essay will be professional and high-quality. ELP is an acronym that stands for ethos, logos, and pathos.


These three elements make up a large part of an essay and can either help or hinder your work. These elements are important and can be used in your essay.


Ethos informs readers about the topic at hand and their preexisting beliefs. To provide a foundation for readers, Ethos should be used as a tool in the introduction.


Logos give credibility to your work by providing facts and figures for the audience.


As the name implies, pathos will elicit the appropriate emotions and feelings from your audience. You can use this tool to invoke sadness, sympathy, anger or any other emotion.


Be tolerant

It is important to avoid making offensive statements in satire essays, even though they are often filled with irony or sarcasm.


Your audience will likely include people from all walks of life. Therefore, it is important not to make comments that could be considered discriminatory or offensive for a particular section.


The art of discerning the right line between humor and offensiveness is delicate and requires practice. You can ask teachers or colleagues to give you second opinions so that your essay doesn't offend.

Learn more at: https://proessays.net/blog/40-witty-topics-for-a-satirical-essay


July, 25 2022