Statehouses Become Next Flashpoint For Medicaid Expansion Debates

first_imgEven as Republican governors like Rick Scott in Florida have chosen to back the health law’s Medicaid expansion, they are facing push back from GOP-controlled legislatures. Politico: For Republican Governors, Medicaid Expansion Is Hard SellGovernors like Rick Scott of Florida and John Kasich of Ohio bucked their conservative base to accept billions in federal funds to provide basic health coverage to millions of uninsured constituents. But they need the support of their Republican-led legislatures to make it a reality. It’s a tall task that’s dividing statehouses around the country (Cheney and Millman, 3/7). Kaiser Health News: Medicaid Expansion Divides Florida GOPAs the Florida legislature convened this week, House Speaker Will Weatherford helped rally fellow Republicans opposed to expanding the state’s Medicaid coverage to more than a million low-income residents, but he also acknowledged that his own family benefitted from a program for low-income families without health insurance (Hatter, 3/7).The Associated Press: Fla. Session Opens With Medicaid Expansion In DoubtA bid to cover roughly 1 million Floridians by expanding the state Medicaid program is in doubt after one of the state’s top legislative leaders called it a social experiment “destined for failure.” House Speaker Will Weatherford used the opening day of the annual legislative session to denounce the idea of expanding the safety-net health insurance program. Within hours, Senate President Don Gaetz responded by suggesting that the Senate was unlikely to move forward in the face of such strong opposition (3/6). Los Angeles Times: Protestors March To Urge Gov. Rick Perry To Expand MedicaidSeveral hundred protesters marched in Austin on Tuesday to protest Texas Gov. Rick Perry’s hard stance against expanding Medicaid coverage in the state. Perry has dismissed calls to follow two tenets of the federal Affordable Care Act: expand Medicaid, the government program providing health insurance for sick or low-income people, and set up a health insurance exchange where people can shop for coverage (Li, 3/6).Sacramento Bee: Capitol Alert: State, Counties Joust Over Medi-Cal Expansion In CaliforniaThe perennially contentious relationship between the state and county governments over money has a new flash point — the expansion of Medi-Cal coverage to more than a million low-income Californians under the new Affordable Care Act. The conflict — aired Wednesday in an Assembly budget subcommittee hearing — has two prongs: Whether the state or counties will manage the expansion; Whether the state should “claw back” some of the money it now pays to counties to pay for indigent medical care — on the theory that many of the half-million poor beneficiaries will become Medi-Cal patients next year, raising state costs (3/6). California Healthline: Appropriations Approves Medi-Cal ExpansionThe state Senate Committee on Appropriations endorsed a bill expanding Medi-Cal eligibility to 1.4 million Californians and to simplify the enrollment process for all Medi-Cal beneficiaries. The special session approval Monday means SBX1-1 by Sen. Ed Hernandez (D-West Covina) is headed to the Senate floor as soon as the end of this week. The Assembly version of the legislation — ABX1-1 by John Pérez (D-Los Angeles) — won committee approval last week is pending a floor vote now (Gorn, 3/6).Meanwhile, also in the news – MPR News: Minn. GOP Vows To Slow Health Exchange BillRepublicans say they will offer about 100 amendments to an insurance exchange bill when the Minnesota Senate debates it Thursday. The state needs legislation in place by the end of this month. Republicans have complained the DFL-controlled Legislature is moving too fast on the health plan marketplace. But the GOP blocked exchange legislation when Republicans controlled the Legislature over the past two years. “We didn’t think that government control of health care was a good idea and we hoped there would be another path out,” said Assistant Minority Leader Sen. Michelle Benson, R-Ham Lake. “But frankly, this bill still isn’t ready because there are so many unanswered questions” (Stawicki, 3/6). Statehouses Become Next Flashpoint For Medicaid Expansion Debates This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.last_img read more

CMS Signals Exhanges Are On Track HHS Gives 4 More States Conditional

first_imgAlso, three states — Utah, Idaho and New Mexico — are facing a time crunch to be ready for an Oct. 1 launch for their exchanges, and some states are seeking an OK from the federal government to direct low-income residents who are eligible for Medicaid to buy health coverage with tax dollars from the exchanges.CQ HealthBeat: CMS Says Exchanges On Track Even Though House Rejects Added Funds For AgencyA federal official who Thursday announced another round of conditional approvals for partnership exchanges also said that the new marketplaces will open as scheduled in all states on Oct. 1, despite Congress’ refusal to increase the Centers for Medicaid and Medicaid Service’s administrative budget. Gary Cohen made that prediction after he was asked about the refusal by the House Wednesday to agree to an Obama administration request to add $949 million to the agency’s fiscal 2013 administrative budget. Cohen heads the CMS Center for Consumer Information and Insurance Oversight (Reichard, 3/8).The Hill: HHS Approves 4 More Exchanges Under Obama’s Health LawFour states won conditional approval from the Obama administration Thursday to implement the key piece of President Obama’s healthcare law in partnership with the federal government. The Health and Human Services Department conditionally approved insurance exchanges in Iowa, Michigan, New Hampshire and West Virginia (Baker, 3/7). Kaiser Health News: Capsules: Idaho, Utah, N.M. Running Out Of Time To Set Up State ExchangesThree western states which had gotten tentative go-aheads to run their own online health insurance websites — Utah, Idaho and New Mexico — are running out of time to be ready for an Oct. 1 launch and experts doubt they will get green lights from the federal government (Galewitz, 3/8).Kaiser Health News/MPR News: Minnesota Senate Passes Exchange BillThe Minnesota Senate on Thursday night followed the House in passing legislation to create an online health insurance marketplace under the federal health law. A legislative conference committee will meet in coming days to resolve differences between the House and Senate bills. More than one million Minnesotans are projected to find health coverage through the exchange, which is slated to be up and running in October (Stawicki, 3/8). Bloomberg: States Seek To Direct Medicaid Patients To ExchangesLower-income residents eligible for Medicaid may be directed to buy coverage from health insurance exchanges using tax dollars, an option the Obama administration is weighing. Multiple states have asked about the arrangement, Gary Cohen, the director of the U.S. Center for Consumer Information and Insurance Oversight, said today on a conference call with reporters. Cohen, whose agency is implementing much of the 2010 health-care law, didn’t say how many governors made the request to use Medicaid money as a conduit for people to obtain private health plans next year through the new exchanges (Wayne, 3/8). This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription. CMS Signals Exhanges Are ‘On Track’; HHS Gives 4 More States Conditional Approvallast_img read more

Driven By ACA Health Spending Sees Fastest Growth Since Recession

first_imgDriven By ACA, Health Spending Sees Fastest Growth Since Recession The growth of 5.8 percent in 2015 boosted total health care spending to $3.2 trillion. The Fiscal Times: Health Care Spending Spiked To $3.2 Trillion In 2015 Los Angeles Times: Health Spending Went Up Last Year Because More People Were Getting Care, Report Says Public and private spending for U.S. health care increased to $3.2 trillion in 2015 or nearly $10,000 per person, according to a government report released Friday. The 5.8 percent spending increase last year is up from a 5.3-percent hike in 2014. Both increases followed five straight years of historically slower growth from 2009 to 2013. Credit the Affordable Care Act for the faster health care spending growth the last two years. (Pugh, 12/2) The New York Times: U.S. Health Spending In 2015 Averaged Nearly $10,000 Per Person The Wall Street Journal: U.S. Health Spending Rose Faster Than Expected In 2015 The pace of U.S. health care spending picked up slightly last year, reaching a total of $3.2 trillion or $9,990 per person in the country. While a number of factors were at play, the increase was largely due to expanded coverage of individuals who signed up for Obamacare or who took advantage of a major expansion of Medicaid, according to a new study released on Friday. (Pianin, 12/4) Health care spending was slightly higher in 2015 than it was in 2014, an increase that researchers attribute to the newly insured under Obamacare using more medical services. National health care spending rose 5.8 percent last year, reaching $3.2 trillion, according to new Centers for Medicare and Medicaid Services figures published Friday in Health Affairs. (McIntire, 12/2) The Associated Press: US Health Care Tab Hits $3.2T; Fastest Growth In 8 Years Boston Globe: US Health Spending Rises At Fastest Rate In Eight Years, Federal Study Says  Healthcare spending in 2015 increased at a rate of 5.8%, the fastest in eight years, as more people obtained health insurance and prescription drug costs continued to rise, according to a CMS report published Friday by Health Affairs. For the first time, the federal government accounted for the largest share of healthcare spending at 29%, mainly because of Medicaid expansion. Household spending made up 28%, private businesses were 20% and state and local governments were 17%. Federal government spending grew at a rate of 8.9% in 2015 after an 11% increase in 2014. The 2015 increase follows a 5.3% spending increase in 2014, which came after five years of historically slow growth. National healthcare expenditures represented nearly 18% of the GDP in 2015. (Muchmore, 12/2) center_img Morning Consult: National Health Care Spending Grew In 2015, Data Shows While such surges in health spending have traditionally worried economists and policymakers, the 2015 increase is somewhat different, the new report from independent actuaries at the U.S. Department of Health and Human Services suggests. In the past, mounting prices for hospital stays, doctor’s visits and other medical goods and services were largely responsible for skyrocketing health spending.But the new report indicates that the latest increase – which tracks with a similar uptick in 2014 – was fueled by increased use of healthcare, likely caused by the health law, often called Obamacare. (Levey, 12/2) The nation’s health care tab grew at the fastest rate in eight years in 2015, driven by the coverage expansion in President Barack Obama’s law and by costly prescription drugs, the government said Friday. The growth of 5.8 percent in 2015 boosted total health care spending to $3.2 trillion. That’s an average of $9,990 per person, although the vast share of that money is spent caring for the sickest patients. (Alonso-Zaldivar, 12/2) Health care spending accelerated nationally last year as more Americans got insurance and received medical care, according to a new federal study that could become ammunition in the upcoming fight over President-elect Donald Trump’s plan to scrap the Affordable Care Act. The United States spent $3.2 trillion on health care in 2015, a 5.8 percent increase over 2014, and the highest rate in eight years, the study released Friday said. Spending rose 5.3 percent in 2014. (Dayal McCluskey, 12/2) McClatchy: Obama’s Health Care Law Is Behind 2nd Straight Year Of Faster Rise In Medical Spending  Total spending on health care in the United States increased last year at the fastest rate since the 2008 recession, reaching $3.2 trillion, or an average of nearly $10,000 a person, the Department of Health and Human Services reported on Friday. The growth coincided with continuing increases in the number of Americans with insurance coverage, through private health plans or Medicaid. (Pear, 12/2) The current data suggest the pace of spending did begin to pick up again after the economy rebounded, with prescription drug price growth and an aging baby boom generation contributing to the acceleration. Growth in prescription drug spending was faster than that of any other service in 2015, CMS said. Spending on physician and clinical services grew at a rate of 6.3%, the first time in a decade the figure had topped 6%. (Radnofsky, 12/2) Modern Healthcare: Healthcare Spending Hits $3.2 Trillion In 2015  This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.last_img read more

The unbeatable deal that gets you a 64GB Apple iPhone 8 for

first_img Show More Unlike other sites, we thoroughly review everything we recommend, using industry standard tests to evaluate products. We’ll always tell you what we find. We may get a commission if you buy via our price links.Tell us what you think – email the Editor This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. While the iPhone 8 might seem a little out of date, with all the continuous iPhone releases, it actually offers most of the updated iOS features without having to delve deeper into your pockets for an iPhone from the X range.Covered in an all glass body and aerospace-grade aluminium, this flawless design allows for a slim yet sturdy iPhone, able to withstand any knocks and falls that inevitably happen throughout daily life.This iPhone also comes with the amazing 4.7-inch Retina HD display with True Tone technology. The display helps your screen to automatically adjust the white balance on your phone, creating a consistent experience no matter what surroundings you’re in.iPhone 8The camera comes with a 12MP wide-angle sensor with optical image stabilisation. The phone also has the ability to shoot in 4K, allowing you to create cinematic quality videos from the palm of your hand.The iPhone 8 was the first of the iPhones to come with wireless charging functionality. Simply place the device atop a wireless charging mat and the battery will replenish without the need to fiddle around with cables. Apple iPhone 8 DealApple iPhone 8 – 10GB of data on O2 (use code TRUSTED10)The iPhone 8 can now be had for as little as £25 upfront in this incredible contract from O2 that snags you 10GB of data, more than enough for the odd bit of streaming and plenty of social media|£25 upfront w/code|£31/monthView Deal£31/month|£25 upfront w/code| As suggested by our Trusted reviews experts: “Where I can recommend the iPhone 8 is if you’re thoroughly tied into Apple’s services, rock an Apple Watch and you’re currently on an iPhone 6S or older. In this instance, you’ll see a huge upgrade in pretty much every area”Even if you aren’t apart of the Apple ecosystem just yet, this iPhone 8 deal offers far better value for money than the iPhone X range, and so it would make for an absolute steal as your first iPhone experience. Just be sure to use the code TRUSTED10 at the checkout to receive the discounted upfront price.For more amazing offers, follow us @TrustedDealsUKWe may earn a commission if you click a deal and buy an item. That’s why we want to make sure you’re well-informed and happy with your purchase, so that you’ll continue to rely on us for your buying advice needs. We’d also like to send you special offers and news just by email from other carefully selected companies we think you might like. Your personal details will not be shared with those companies – we send the emails and you can unsubscribe at any time. Please tick here if you are happy to receive these messages.By submitting your information, you agree to the Terms & Conditions and Privacy & Cookies Policy.center_img Sign up for the Mobile NewsletterSign Up Please keep me up to date with special offers and news from Goodtoknow and other brands operated by TI Media Limited via email. You can unsubscribe at any time. Get your hands on this O2 deal with and take home a brand-new 64 GB iPhone 8 for the upfront cost of just £25 with the code TRUSTED10.This incredible offer includes an iPhone 8 with 64GB, 10GB of data, as well as unlimited minutes and texts for just £25 upfront. It’s only a further £31 per month over two years – a very generous contract that certainly won’t leave you shy of minutes or 4G half way through the month.  Apple iPhone 8 DealApple iPhone 8 – 10GB of data on O2 (use code TRUSTED10)The iPhone 8 can now be had for as little as £25 upfront in this incredible contract from O2 that snags you 10GB of data, more than enough for the odd bit of streaming and plenty of social media|£25 upfront w/code|£31/monthView Deal£31/month|£25 upfront w/code| Dealslast_img read more

Xbox Scarlett looks Double Fine – Grim Fandango maker signs on to

first_img We’d also like to send you special offers and news just by email from other carefully selected companies we think you might like. Your personal details will not be shared with those companies – we send the emails and you can unsubscribe at any time. Please tick here if you are happy to receive these messages.By submitting your information, you agree to the Terms & Conditions and Privacy & Cookies Policy. Show More Unlike other sites, we thoroughly review everything we recommend, using industry standard tests to evaluate products. We’ll always tell you what we find. We may get a commission if you buy via our price links.Tell us what you think – email the Editor This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Microsoft has scored a key victory for the newly unveiled Xbox Scarlett, acquiring veteran games make Tim Schafer and his studio, Double Fine, to make exclusive titles for the next-gen console.The deal was announced at Microsoft’s E3 2019 press conference alongside the new Project Scarlett console and a wealth of other games, including Halo Infinite last night. Shafer then confirmed the deal and answered fan questions in a video on Twitter.As you may have heard from the @Xbox E3 briefing moments ago, Double Fine is joining Xbox Game Studios! How did this come about? let’s ask @timoflegend …— Double Fine (@DoubleFine) 9 June 2019Related: PS5 vs Xbox 2The move is a key victory for Microsoft, which has struggled to entice developers to make exclusive games for its current generation Xbox One console. Double Fine has confirmed it will continue to work on existing projects, including the highly anticipated Psychonauts 2, which was demoed at the same event.The original Psychonaughts was originally launched on the first generation Xbox and is views as one of Schafer’s classics. Other big titles he’s worked on include Grim Fandango, The Secret of Monkey Island and Brutal Legend.Project Scarlett is the codename for Microsoft’s next generation console, which is commonly referred to as the Xbox 2. The console features radically upgraded hardware and is intended to take on Sony’s competing next-gen PS5.The Xbox Scarlett is based of AMD’ Zen 2 and Radeon RDNA architecture, will come with faster GDDR6 memory, and a “next generation solid state drive (SSD)” that should radically improve load times. According to Microsoft the console will be able to handle 8K resolutions, ray tracing and play games at variable refresh rates over 30fps. There aren’t a whole lot of displays to actually play 8K content on at the moment, but the claims are impressive nonetheless.Microsoft also soft-launched its Project xCloud streaming service at E3. The move will eventually let Xbox owners stream select Xbox titles to mobile devices and tablets over the cloud. The project is a direct rival to Google Stadia, which offers similar streaming services and is set to launch in November. Sign up for the Mobile NewsletterSign Up Please keep me up to date with special offers and news from Goodtoknow and other brands operated by TI Media Limited via email. You can unsubscribe at any time.last_img read more

How Kraft Heinz owners belttightening model eroded its iconic brands

first_img February 22, 201912:38 PM EST Filed under News Retail & Marketing 6 Comments Bottles of Heinz tomato ketchup bear a special Berkshire Hathaway label as they are offered for sale to shareholders on the exhibit floor at the CenturyLink Center in Omaha, Neb., Friday, May 4, 2018, where Berkshire brands display their products and services.AP Photo/Nati Harnik Facebook How Kraft Heinz owners’ belt-tightening model eroded its iconic brands Kraft Heinz, controlled by Brazil’s 3G Capital and Warren Buffett’s Berkshire Hathaway Inc., has been combating higher costs Comment Reddit More Kraft Heinz Co. shares fell 20 per cent on a slew of bad news, mainly centering on a multi-billion dollar write-down, which had investors wondering if years of rigorous cost cuts came at the expense of losing the value of its marquee Kraft and Oscar Mayer brands.The move put the spotlight on Kraft’s slowing growth and the changing tastes of consumers, who have been shunning older, established brands for newer hipper products, cheaper private label brands and non-processed food.Shares of rivals also fell, with General Mills, Conagra Brands Inc, Unilever and Nestle SA all down between one per cent and four per cent. HBC to shutter Home Outfitters brand, with all Saks Off Fifth locations in its sights Minnesota franchisee files lawsuit accusing Tim Hortons of misrepresentation, charging excessive markups Walton family fortune balloons to $175.2 billion after Walmart reports hot holiday earnings Kraft Heinz, controlled by Brazil’s 3G Capital and Warren Buffett’s Berkshire Hathaway Inc., has been combating higher transportation and commodity costs by tightening overall expenses. But that has come at a price.“Investors for years have asked if 3G’s extreme belt-tightening model ultimately would result in brand equity erosion,” JPMorgan analyst Ken Goldman said.“We think the answer arguably came yesterday in the form of a US$15 billion intangible asset write-down for the Kraft and Oscar Mayer brands,” said Goldman, who cut his rating to “neutral” from “overweight.”The company, which competes with General Mills Inc and Kellogg Co, cut its quarterly dividend to 40 cents per share from around 63 cents per share on Thursday.In addition to lower-than-expected earnings, the company disclosed it had been subpoenaed by the U.S. Securities and Exchange Commission in October, related to an investigation into its accounting policies, procedures and internal controls related to procurement.The company said it was working on ways to improve its internal controls and determined the problems required it to record a $25 million increase to the cost of products sold.The shares tanked 20 per cent in late trade and are set to open at a record low at the open.The US$15.8 billion write-down indicates declining fortunes of the iconic brands. Emailcenter_img H.J. Heinz merged with Kraft in 2015 in a deal engineered by 3G, and under its stewardship carried out extreme cost cuts that risked hurting the company’s top line by stifling investment in innovation and marketing.A year later, 3G was praised for making Kraft Heinz’s operating margin the best amongst its peers, but that came at the cost of closing six factories and cutting 7,000 jobs in 18 months.Analysts now doubt if 3G’s model was effective, given that the company’s margins before interest and taxes fell to 23.2 per cent in 2018 from 27.2 per cent in 2015.“Kraft Heinz results confirmed all our worst fears — plus more,” Guggenheim Partners’ analyst Laurent Grandet said in a note.Stifel downgraded the stock to “hold” from “buy” and more than halved its price target to US$35, well below the current median target of US$52.Credit Suisse cut its price target by US$9 to US$33, making it the lowest on Wall Street.“This is not your typical ‘reset the base and everything will be fine’ story,” Credit Suisse analyst Robert Moskow wrote.“The dividend cut, the US$15.8 billion write-down of the Kraft and Oscar Mayer trademarks, and the guidance for further divestitures demonstrate the hallmarks of a company that has a serious balance sheet problem,” Moskow said.This is not your typical ‘reset the base and everything will be fine’ story Credit Suisse analyst Robert Moskow Twitter Siddharth Cavale Reuters Recommended For YouS.Korea says to unveil plans to ease dependence on Japan industriesIMF sees Vietnam’s economic growth slowing to 6.5% in 2019Asia refiners test the waters with exports of IMO 2020-compliant fuelAs steep patent cliff looms, Shionogi moves to develop its own U.S. sales staffFed’s Daly says she is not leaning one way or the other on rate decision Share this storyHow Kraft Heinz owners’ belt-tightening model eroded its iconic brands Tumblr Pinterest Google+ LinkedIn The write-down indicates declining fortunes of the iconic brands and other losses in asset value, meaning the company views those assets as less valuable than before the merger.“Kraft Heinz is in a worse position than many other consumer packaged goods companies because it has got a very weak portfolio of brands. They are not delivering the level of growth that’s needed in this sort of market,” GlobalData Retail managing director Neil Saunders said.© Thomson Reuters 2019 Join the conversation →last_img read more

Renault EZUltimo Concept Previews Premium Autonomous Mobility

“As consumer trends change and people are enjoying ride-hailing services more and more, a new paradigm for mobility will emerge,” explains Laurens van den Acker, SVP Corporate Design at the company. “Embodying this revolution, EZ-Ultimo offers a unique luxurious experience aboard a robo-vehicle that can be adapted depending on the service provider.”Simply put, this is a fully self-driving and connected electric machine, designed to carry people from point A to point B in a luxurious atmosphere. Available for a single trip, for an hour, or for a day, the vehicle has enough versatility to cover private city trips, premium tourist experiences, or business travels.The autonomous lounge has given the brand’s designers the possibility to experiment and the result is this sleek, futuristic vehicle. To guarantee an easy access to the cabin, the concept features a wide automatic opening and rotating seats. The interior, Renault promises, is “tailor-made from upscale materials such as wood, marble, and leather for a relaxing and enjoyable drive.” Renault-Nissan CEO Ghosn Seems To Claim Tesla Still Doesn’t Profit Renault EZ-Pro Electric Concept Imagines Autonomous Delivery Future Renault Unveils New K-ZE SUV-Inspired, Affordable EV More Renault News A comfortable autonomous trip would require the best possible on-board connected experience and Renault is happy to introduce its vision for a new infotainment system, called Augmented Editorial Experience. It is “a realist immersive experience which combines personalized premium content, multi-media experiences, and mobility.”The EZ-Ultimo shares the same electric architecture with the EZ-Go and EZ-Pro, but Renault isn’t willing to disclose more details about its electric powertrain.Additional Images Here Author Liberty Access TechnologiesPosted on October 3, 2018Categories Electric Vehicle News Source: Electric Vehicle News Fully electric, fully connected.Do you remember the Renault EZ-Pro concept from last month? It imagined a possible design for an autonomous delivery vehicle, built to be used in autonomous convoys. Today, at the 2018 Paris Motor Show, the French automaker is introducing the much sleeker EZ-Ultimo study, previewing a future premium autonomous mobility service vehicle. read more

Fiat Chrysler To Pay Tesla In Bid To Meet EUs Emissions Target

first_imgIt’s nothing new for FCA or Tesla, as the two have been engaged in a similar arrangement in the U.S. before in order to meet Corporate Average Fuel Economy standards from the federal government. FCA has also purchased emissions credits from Honda and Toyota in the U.S., according to Automotive News, to avoid fines for falling short of fuel economy targets. For Tesla, it’s been a steady stream of revenue that’s been drying up of late as more EVs hit the market, generating about $103 million in revenue in 2018 against almost $280 million in 2017.While FCA has an electric future in mind and promises a number of plug-ins – based on the raft of them shown in production and concept form at this year’s Geneva Motor Show – they won’t start hitting the market until late this year at the earliest. And like nearly every other automaker, its smaller Fiats aren’t selling well enough as more consumers flock to SUVs that push its CO2 average well past the target. For now, FCA gets to pay millions to Tesla for its EV goodwill instead of selling EVs of its own.Source: Financial Times Alfa Romeo Tonale PHEV Foreshadows Upcoming Plug Ins: Videos Author Liberty Access TechnologiesPosted on April 7, 2019Categories Electric Vehicle News Source: Electric Vehicle News Was Fiat Concept Centoventi The Surprise EV Hero Of Geneva’s Motor Show? The agreement allows FCA to avoid government fines, similar to a move it made in the U.S.Fiat Chrysler Automobiles, maker of a lot of large Jeeps and heavy Maseratis, has agreed to a deal with electric-only automaker Tesla to pay millions of euros to help it meet European Union emissions standards. How so?FCA will pay Tesla to have the California-based automakers’ vehicles sold in the EU considered part of its fleet and thereby help offset its CO2 emissions average to help it meet the governing body’s target of 95 grams of CO2 per kilometer for new vehicle fleet averages next year, The Financial Times reported Sunday. The EU agreement allows companies that are not related to each other to form so-called open pools in order to meet the new targets, and the FCA-Tesla arrangement is unlikely to be the last as smaller automakers scramble to introduce enough EVs to offset larger, internal combustion engined vehicles.More FCA News Jeep Wrangler Plug-In Hybrid Spied For First Timelast_img read more

Rivian R1T Truck R1S SUV Wow NYC Ahead Of Auto Show Video

first_imgSource: Electric Vehicle News The Rivian R1T on display in NYCRivian, the upstart electric vehicle manufacturer from Plymouth, Michigan, promises to bring us “The world’s first electric adventure vehicles” held invite-only events last night in New York City. I say “events” because according to Rivian, so many people asked for invitations, that they had to hold two events, one from 4pm to 6pm, and another from 7pm to 9pm.I know this happens to be true, because I was originally sent an invitation that said the event was from 6pm to 9pm. Then, a few days later, Rivian reached back to me to say they needed to have two events, and I had to pick one of the two time slots.Rivian was able to secure a space on Pier 76 (a real pier on the Hudson River) directly behind the Jacob Javits center where the New York Auto Show is held. This space is normally occupied by the Classic Car Club at Hudson River, and in order to make room for Rivian, they had to move cars like a couple dozen rare cars out into the parking lot for the night..embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }Both the R1T pickup truck, and R1S sport utility vehicle, have a power opening/closing hood that conceals a huge front trunk. While you can certainly fit a lot of gear/luggage, etc. up there, it will probably be difficult to load & unload anything heavy, because of the height.These events were mostly for VIPs and reservation holders; they weren’t press events where we could schedule interview time, so unfortunately nothing new was learned. I suspect if Rivian is going to announce any new news, it will be done so during the Auto Show for maximum exposure.As you might expect, the crowd was extremely enthusiastic, and it reminded me of how it feels at Tesla events. Since most of the people in attendance were reservation holders, they were already on-board with what Rivian is doing. Plus, for most, it was their first opportunity to see the vehicles that they plunked $1,000 down on to reserve.Rivian CEO RJ Scaringe was on hand chatting it up with many in attendance. There was a line of people waiting to say hello and ask him questions. From what I could tell, he did his best to greet as many people as he could, and give them a few minutes before moving on the next person eager to meet him.Immediately after the event, I sat down with Alex from E For Electric to discuss Rivian on this week’s Plugged In show. Let us know what you think of Rivian in the comments below. Will they be the first to bring an electric pick up truck to market, or will Tesla or another competitor beat them to it? What do you like and dislike about the R1T & R1S? GM Reportedly Won’t Invest In Electric Pickup Truck Startup Rivian Rivian impresses before the show even opens.The New York Auto Show doesn’t officially open to the public until April 19th, but that doesn’t mean the fun hasn’t already started.The weekend before an auto show opens is usually the real kickoff party, with manufacturers trying to get a jump on the competition, and many opt to show off their new vehicles before they hit the show floor the following week. That precisely what Rivian did with its R1T electric pickup truck and R1S electric SUV.Rivian News Watch This Inside Look At Rivian: See R1T Pickup Truck & R1Scenter_img Author Liberty Access TechnologiesPosted on April 13, 2019Categories Electric Vehicle News 9 photos Rivian Files For Trademarks On Several New Vehicle Variantslast_img read more

Tesla announces that 4 board members are going to leave

first_imgOn Friday after market close, Tesla announced that 4 board members are going to leave at the end of their terms this year and in 2020. more…Subscribe to Electrek on YouTube for exclusive videos and subscribe the podcast. post Tesla announces that 4 board members are going to leave appeared first on Electrek. Source: Charge Forwardlast_img

FCPA Challenge

first_imgHow much do you know about the Foreign Corrupt Practices Act? Let’s find out.To commemorate the FCPA’s 40th year, FCPA Professor is presenting the FCPA Challenge.Each Thursday during 2018, a question will be posed and the answer will be below the fold.This week’s question is: this 2016 FCPA enforcement action involved conduct in Bolivia, the only FCPA enforcement action to do so.Answer: Olympus Latin American (see here).last_img

What Congress Intended The ThirdParty Payment Provisions To Capture As Well As

first_img Strategies For Minimizing Risk Under The FCPA A compliance guide with issue-spotting scenarios, skills exercises and model answers. “This book is a prime example of why corporate compliance professionals and practitioners alike continue to listen to Professor Koehler.” Order Your Copy Call me old-fashioned or a rule of law purist.However, in this the Foreign Corrupt Practice Act’s 40th year, it is prudent to take a step back and ponder what Congress actually intended to capture, and not capture, by enacting the FCPA.Indeed, as the recent Hoskins decision yet again demonstrated (see here) a common thread in most FCPA judicial decisions is judges consulting the legislative history in interpreting the FCPA.As readers no doubt know, most FCPA enforcement actions concern, in whole or in part, the conduct of various third parties.The FCPA can clearly result in legal liability for business organizations based on the conduct of third parties, but only if the so-called third-party payment provisions are met.The FCPA’s anti-bribery provisions apply not only to direct payments or things of value offered or provided to “foreign officials” to assist in “obtaining or retaining” business, but also to payments or things of value offered or provided to:“any person, while knowing that all or a portion of such money or thing of value will be offered, given, or promised, directly or indirectly, to any foreign official …”The FCPA defines “knowing” as follows:“(A) A person’s state of mind is “knowing” with respect to conduct, a circumstance, or a result if (i) such person is aware that such person is engaging in such conduct, that such circumstance exists, or that such result is substantially certain to occur; or (ii) such person has a firm belief that such circumstance exists or that such result is substantially certain to occur.(B) When knowledge of the existence of a particular circumstance is required for an offense, such knowledge is established if a person is aware of a high probability of the existence of such circumstance, unless the person actually believes that such circumstance does not exist.”In the language of the law, the above definition includes not only actual knowledge, but also so-called constructive knowledge often referred to as conscious disregard or willful blindness.In the legislative history, Congress articulated what the third-party payment provisions were intended to capture as well as not capture. A Senate Report stated:“[The provisions] are meant to prevent management from adopting ‘head-in-the-sand’ approach to bribery in order to avoid liability by ignoring facts and circumstances underlying the subject transaction which would indicate the payment of a bribe. […]  On the other hand, the mere fact of doing business in a country where corrupt payments are common, or the employment of an agent with personal relationships with government officials in the country where the company seeks to do business, would not establish such a course of conduct.  Similarly, the payment of a commission that is higher than customary would not by itself violate [the provisions] without other evidence that the increased amount of commission is to permit a corrupt payment to be made.”A House Report likewise stated:“The definition of ‘knowing’ is intended to make it clear that a ‘head in the sand’ approach to the payment of bribes through third parties will not be tolerated.  Knowing is therefore defined to include conscious disregard of a high probability that a payment to a third payment will be transmitted by that party to a foreign official …”.The House Report further stated:“… [M]ere negligence will not give rise to a civil prosecution under the FCPA.  There must be a showing of reckless disregard or knowledge.  […]  [N]either mere negligence nor reckless disregard will give rise to a criminal prosecution under the FCPA.  In order to bring a criminal prosecution for violation of the third party payments provisions, a showing of knowledge as defined in the [FCPA] would be required.”Is it possible to reconcile this Congressional intent with certain FCPA enforcement actions involving third parties?That is for you to decide.last_img read more

Don Looper Sees the Future Energy Transactional Boutiques

first_imgNot a subscriber? Sign up for The Texas Lawbook. Username Remember me Looper, a prominent Houston tax and project finance lawyer, has officially opened the doors to his new law firm: Looper Goodwine & Ballew. The 11-lawyer firm already has its first lateral hires and expansion into other cities . . .You must be a subscriber to The Texas Lawbook to access this content.center_img Lost your password? Passwordlast_img

Locke Lord and VE Advise in 565M Permian Basin Deal

first_img Remember me Lost your password? Password Houston-based Targa Resources Corp. said Monday that its subsidiary, Targa Resources Partners, will acquire assets in the Delaware and Midland regions of the Permian Basin for $565 million in cash. Lawyers from Locke Lord and Vinson & Elkins advised on the deal, which entails Targa acquiring 100 percent of the membership interests of Outrigger Delaware Operating, Outrigger Southern Delaware Operating and Outrigger Midland Operating from Denver-based Outrigger Energy . . .You must be a subscriber to The Texas Lawbook to access this content.center_img Not a subscriber? Sign up for The Texas Lawbook. Usernamelast_img

Todays special Obamacare menu labeling rules ushered in

first_img This article was reprinted from with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente. May 7 2018President Donald Trump has found one part of the federal health law palatable: He’s allowing Obamacare rules that require chain restaurants to post calorie counts to go into effect Monday.The rules, which are among the final pieces of the 2010 Affordable Care Act to be implemented, require restaurants to list calories on all menus and menu boards. Restaurants will also have to provide on-site additional nutritional information, such as fat and sodium levels.The law, intended to nudge Americans to eat healthier, applies to chains with at least 20 stores.And it won’t be just fast-food and sit-down restaurants that are affected. Grocers, convenience stores, movie theaters, pizza delivery companies and even vending machines must meet the new requirements.The menu labeling rules will improve public health, the Food and Drug Administration Commissioner Scott Gottlieb said last week in an interview. He pointed to studies showing that enlightened customers order, on average, up to 50 fewer calories a day.While that equates to the calories in a small cookie, Gottlieb said, the impact compounded over weeks and months can deliver a large benefit.”This is a meaningful, incremental step in addressing” the country’s obesity epidemic, he said.Seeking to alleviate retailers’ concerns, the FDA delayed implementing the rules several times to give the food industry time to comply after finalizing the menu-labeling rule in 2013.The provisions are supported by consumer advocates and the National Restaurant Association, which wanted to avoid catering to a hodgepodge of requirements from cities and states.But some food industry groups and retailers say they still don’t have all the answers and worry the rules will place an undue burden on shop owners.The National Association of Convenience Stores expressed reservations about how its members will comply.”Convenience retailers will welcome any flexibility the FDA may be able to provide in order to comply with this onerous rule,” said spokesman Jon Taets.Conservatives in Congress also have repeatedly lashed out at the provisions, with the House passing a bill earlier this year that would modify them. The Senate has not acted on that legislation.Even as the provisions go into effect, the FDA announced that over the course of the next year officials will seek to educate the industry about meeting the new rules, rather than enforcing them.Many restaurant chains, including McDonald’s, Burger King, Taco Bell and Panera Bread, have listed calorie information for years. But some, including Legal Sea Foods and the Melting Pot, have not yet added the information. Officials for the Melting Pot said they plan to have nutritional information posted by the end of the month. Legal Sea Foods did not return calls for comment.”Americans deserve to know what they’re getting when ordering for themselves and their families at chain restaurants, supermarkets and other food retailers,” said Margo Wootan, vice president for nutrition for the Center for Science in the Public Interest, a consumer advocacy group. “Menu labeling isn’t a silver bullet. It’s just one of dozens of things we should be doing to help Americans maintain a healthy weight and reduce their risk of diet-related health problems like diabetes, heart disease and cancer.”Related StoriesMaternal obesity may negatively affect children’s lung developmentHarnessing target of the brain chemical serotonin to combat obesityMetabolic enzyme tied to obesity and fatty liver diseaseBut others see the issue differently.Daren Bakst, a fellow with the conservative Heritage Foundation, said the law equates to government overreach.”It’s not up to the government to influence what people eat — that should be left up to each individual,” he said.Bakst said he likes having nutritional information on foods he buys but opposes the government mandate for retailers.”Plenty of restaurants will be hurt by compliance costs,” he said.Yet many restaurants say they are ready.”This date is long overdue,” said Cicely Simpson, an executive vice president at the National Restaurant Association. Most chains don’t see the calorie information postings as hurting overall sales. Yet, she said, the information will lead some consumers to switch the foods they choose.She said the FDA has been flexible with the industry, including efforts to clarify that promotional signs and flyers in stores are not the same as menus and don’t have to include calorie information.Domino’s Pizza spokesman Tim McIntyre said his company has concerns about how its franchises will meet these requirements but is confident the changes won’t increase prices for consumers.The pizza delivery company hopes the FDA will allow it to meet the provisions by posting nutritional information on its website as it has done for years, rather than on menu boards, he said. The company said 90 percent of orders are placed by phone or internet, and with hundreds of pizza combinations and sizes it would be difficult to list nutritional info for each one on a menu.McIntyre said the menu labeling rules were meant to give consumers calorie information at the point where they are ordering. For pizza delivery companies that is rarely inside the store, he noted.”All we are asking for is common-sense approach to put this information where people are … and we believe the internet is where people are going to go to get this information,” he said. The FDA has put out thousands of pages of guidance to help restaurants and other food providers comply with the law, such as helping grocery stores decide where to put information on salad bars. Under FDA guidance, if pizza delivery stores don’t have menu boards, they don’t have to add any under the law.Gottlieb said he frequently uses restaurant’s calorie information on signs when ordering food. “I admittedly occasionally go to fast-food restaurants and take into consideration the calories,” he said. “I used to go to McDonald’s time to time to order an Egg McMuffin, but now I go for the Egg White Delight.”According to McDonald’s, an Egg McMuffin packs 300 calories while the Egg White Delight has only 280.last_img read more

Shiga toxinproducing E coli found in animal and plant based foods

first_imgMay 9 2018Escherichia coli (E. coli) is a germ that occurs naturally in the gut of mammals and birds, as well as in the human intestinal flora. However, certain E. coli types can cause severe diarrhea in humans. These virulent E. coli types include Shiga toxin-producing E. coli (STEC), also known as Verotoxin-producing E. coli (VTEC).Their damaging effect is due to the fact that STEC produce toxins known as Shiga toxins (Stx), which can cause disease in the human gut. As the best known STEC representative, an enterohemorrhagic E. coli (EHEC) strain of the serotype O104:H4 was responsible for numerous severe cases of the hemolytic uremic syndrome (HUS) and bloody diarrhea in Germany in 2011, as a result of which 53 people died.Related StoriesUltra-fast new technology to detect bacteriaHuman contact responsible for spread of hospital infectionsWearable sensors show how antibiotic-resistant bacteria spread through hospital wardsAccording to evaluations made by the BfR, STEC are most often found in meat, meat products, raw milk and raw milk products from ruminants such as cattle, sheep and goats, but they can also occur in products made from wild ruminants and wild boar, as well as plant-based foods. In addition to the produced Shiga toxin, a protein for attaching the pathogens in the intestine (intimin) is regarded as an important factor in the development of severe diarrhea.Although STEC strains can be better classified today using modern molecular methods, a definite prediction of the potential of STEC strains to cause disease in humans is not possible. For this reason, all Shiga toxin-producing E. coli strains are classified as potentially virulent.To protect against STEC infections through contaminated food, the BfR recommends heating methods, such as boiling, frying, roasting or pasteurizing, which kill any pathogens that might be present in meat or raw milk. The requirement here is that a temperature of 70° C or more is reached at the core of the food for at least two minutes; accordingly, meat should be cooked thoroughly. Plant-based foods such as fresh herbs, lettuce and leafy greens, which are generally consumed raw should be stored at a maximum of 7° C, thoroughly washed and used quickly. To reduce the germ load, particularly sprouts should be thoroughly washed, used up as quickly as possible and preferably, thoroughly heated prior to consumption. People with weakened immune systems should avoid eating raw sprouts altogether. Source: read more

New technology detects the glow to guide brain tumor resection

first_img Source: May 10 2018Research by Barrow Neurological Institute physicians and University of Washington scientists on novel imaging technology for malignant brain tumors was published in the April issue of World Neurosurgery. The research was conducted by Drs. Evgenii Belykh and Mark Preul at the Barrow Neurological Institute Neurosurgery Research Laboratory with technology developed by Drs. Eric Seibel and Leonard Nelson from the Department of Mechanical Engineering and the Human Photonics Laboratory at the University of Washington.At Barrow they used a Scanning Fiber Endoscope (SFE) to detect the glow produced by adding the pro-drug 5-ALA to experimental models of malignant brain tumors. 5-ALA is metabolized in tumors to a fluorescent Porphyrin and is approved for administration to patients to increase the detection of the margin of invading brain glioma tumors, and thereby allow for a wider or more extensive brain tumor removal. SFE allows the neurosurgeon to visualize the fluorescent light produced by 5-ALA earlier and for longer periods of time than visually possible with a standard operative microscope. SFE offers sufficient image resolution to observe individual brain and tumor cells and the scanning feature reduces the photobleaching of the fluorescent signal which can be problematic in the operating room.The SFE scope uses low-power laser light that is scanned with an actuator at the tip of a highly flexible shaft with overall diameter about the thickness of a nickel. For surgical guidance, two modes of imaging are generated concurrently at video rates, fluorescence to see the tumor, and reflectance imaging to see the surgical field and the surgical tools.Drs. Seibel and Nelson commented, “The combination of high sensitivity and long viewing time of the fluorescently-labeled cancer should allow the guidance necessary for more complete tumor margin clean-up.”Related StoriesResearch team to create new technology for tackling concussionResearchers identify previously unknown pathways for sensory learning in the brainNeural pathways explain the relationship between imagination and willingness to helpDrs. Belykh and Preul relate, “The advancement of this particular instrument that is the size of a pen, showing imaging on-the-fly to the surgeon as the tumor resection progresses represents next generation surgical technology that will help brain surgeons and pathologists identify the margins of invading tumor in the operating room. Fluorescence and optical labeling techniques are increasingly used in the operating room to specifically identify and discriminate brain tumor tissues and cancers in other areas of the body. This technology is positioned to guide the surgeon’s tumor resection and allow “optical biopsies” that will increase the yield of confirmatory tissue sampling. Importantly, visualization technology such as SFE should help in deciding also in where to stop the brain tumor resection. We’re using incredible technology that we believe will contribute to optimizing survival for patients with gliomas and other brain tumors.”The research was funded by NIH R01 EB016457, PI-Seibel, Advanced biophotonics for image-guided robotic surgery, the Barrow Neurological Foundation, and the Newsome Chair in Neurosurgery Research held by Dr. Preul. Barrow is part of Dignity Health St. Joseph’s Hospital and Medical Center in Phoenix.The UW SFE technology is licensed and commercial prototypes are undergoing pre-clinical trial evaluations. Preliminary SFE imaging studies using tissue penetrating near-infrared (NIR) targeting agents have demonstrated excellent tumor contrast in animal models. Barrow and the University of Wisconsin plan to expand their collaboration into improved tumor resection using the SFE and NIR agents.last_img read more

Infiniti Research completes new market entry advisory study on wound management industry

first_imgThis market entry advisory solution provided predictive insights on: Source: Assessing market trends for every single route-to-revenue Marketing their products and services in a productive manner May 15 2018Infiniti Research, a global market and customer intelligence solutions provider, has announced the completion of their new market entry advisory study on the wound management industry. A leading wound management client wanted a detailed report on the market entry barriers, new opportunities, threats, and competition in the medical devices market.According to the market entry advisory experts at Infiniti, “Improved cost-effectiveness of products and technological advancements along with the recent rise in diabetic population has contributed significantly to the current wound management market’s growth.”Related StoriesSchwann cells capable of generating protective myelin over nerves finds researchTAU’s new Translational Medical Research Center acquires MILabs’ VECTor PET/SPECT/CTBridging the Gaps to Advance Research in the Cannabis IndustryRequest a Proposal to see how Infiniti Research’s solutions can help you.The global wound management market is a quickly developing segment of the medical devices sector, presenting growth opportunities for healthcare service providers and greater outcomes for patients. Advanced wound management events are progressively replacing conventional measures of wound management. The growth of the wound management sector can be credited to the growing accessibility and sophistication of advanced wound care technology.The market entry advisory solution offered by Infiniti helped the client to gauge new business opportunities and drive profitability. The client was able to create an efficient route-to-market strategy and better market their medical products and services across various regions.This market entry advisory solution provided benefits that helped the client to: Develop business plans combining strategic marketing initiatives, business development, and business strategy expertise Identify a scalable approach to discover new growth opportunities To know more, ask an analystlast_img read more

Orangutans can nurse up to 9 years Watch how scientists figured that

first_imgOrangutans can nurse up to 9 years. Watch how scientists figured that out Orangutans nurse their young longer than any other mammal. But exactly how long has remained a mystery—it’s not easy for researchers to observe these great apes high in their tree-top homes. So instead of looking for their answer in the canopies, a group of scientists searched for clues in orangutan teeth. Along with calcium, an element called barium transfers from mom to baby through milk and ends up in the bones and teeth of her offspring. By mapping out barium deposited in the teeth over time, scientists estimated how much each immature orangutan was nursing. They found that some of the apes depend on their mother’s milk even longer than previously thought—the oldest tooth donor was still nursing when he died at almost 9 years old, the researchers report today in Science Advances. But barium maps didn’t show offspring suckling consistently throughout that time. Instead, nursing appeared to fluctuate throughout the year, likely meaning moms take it up again when fruits and other foods are scarce. This long developmental period may make orangutans even more susceptible to the rapid habitat loss predicted to cut their numbers in half in the next decade. By Lindzi WesselMay. 17, 2017 , 2:00 PMlast_img read more

A solar shield could save us from climate change But its sudden

first_img Last year, the planet was plagued by powerful hurricanes, blistering fires, and temperatures that ranked as some of the hottest on record—ratcheting up concern that we’re already knee-deep in climate change. To stave off the heat, some scientists have proposed blanketing Earth in a sheet of sunlight-reflecting particles called aerosols. This solar shield could cool the planet and buy us time, but a new study suggests that if politicians turned off the hypothetical cloud, they could plunge the planet into a sudden ecological Armageddon.The idea of injecting aerosols into the atmosphere first came to prominence in 2006, when Nobel Prize–winning atmospheric chemist Paul Crutzen argued that scientists should actively explore the possibility. He said it would be similar to what happens naturally following some volcanic eruptions. For example, the 1991 Mount Pinatubo eruption in the Philippines cooled the planet by 0.5°C, after spewing some 20 million tons of sulfur dioxide into the stratosphere. The gas created a sulfate aerosol cloud that reflected sunlight back to space for 2 years.But injecting aerosols would require constant maintenance—and continuous global support. If a severe drought, a new government, or an economic downturn triggered its sudden collapse, the planet would rapidly warm to the steamy temperatures we otherwise would have been facing. “The minute you stop it you get the full force of the total emissions you’ve put out and that are still in the atmosphere,” says Camille Parmesan, a climate change biologist at the University of Plymouth in the United Kingdom and the University of Texas in Austin who was not involved in the new study. Click to view the privacy policy. Required fields are indicated by an asterisk (*) By Katie LanginJan. 22, 2018 , 11:00 AM A solar shield could save us from climate change. But its sudden collapse would doom the planet NASA Emailcenter_img Engineers could combat climate change by tinkering with Earth’s atmosphere, but it’s a risky option. Now, scientists have asked another question: How would such a collapse impact the world’s biodiversity? Christopher Trisos, an ecologist at the University of Maryland in Annapolis, and colleagues set out to answer that question by figuring out how fast plants and animals would have to move to escape changes in their local climate, with and without a stratospheric cloud. In their simulation, starting in 2020, planes would inject 5 million tons of sulfur dioxide into the stratosphere, essentially mimicking an eruption a quarter the size of Mount Pinatubo. That would continue year after year until 2070, at which point a geopolitical disaster—or some other event—would cause maintenance to cease. All the while, humans would continue emitting carbon into the atmosphere at rates that would peak midcentury and then begin to reduce.Trisos’s team found that the aerosols initially lowered global temperatures by a quarter of a degree Celsius. But even with the cloud, the planet gradually warmed from 2030 to 2070. The big spike came when the aerosol injection failed—in the model, global temperatures shot up by nearly three-quarters of a degree in just 10 years. The researchers calculated that in order to keep up with this rapid temperature change, land-based species would need to permanently move their range by 10 kilometers per year. That’s four times faster than the speed at which they have to flee current climate change. But the story’s even worse for marine species—they’d need to move six times faster to escape the effects of rapid climate change, the team reports today in Nature Ecology and Evolution.Species would have to move particularly quickly in tropical oceans and the Amazon—places that house a lot of the world’s biodiversity. This would put corals, frogs, and other slow-moving tropical species at risk of extinction. To make matters worse, many species are already lagging behind in their climate migrations. “Gradual climate change, which is happening now, is bad enough, but if we do something that makes climate change much faster, then it could be devastating for certain species,” says Alan Robock, a climate scientist at Rutgers University in New Brunswick, New Jersey, and a co-author of the study.If the world took up a stratospheric aerosol project, the only way to avoid disaster, wrote Gavin Schmidt, a climate scientist at the NASA Goddard Institute for Space Studies in New York City, would be to have a permanent global commitment. “This will never be a sustainable option because such a system is inherently fragile.”Parmesan agrees: “It’s very clear from what has happened with our latest presidential election that we cannot trust [international] agreements.” Sign up for our daily newsletter Get more great content like this delivered right to you! 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