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Thin volume seen on short trading week
Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»
EDITORIAL — Next, speedy justice
After a year of being on the run, Arnolfo Teves Jr. is finally being brought back to the country to face multiple indictments for serious offenses. Teves was arrested Thursday in East Timor’s capital Dili by local police. He had been hiding in plain sight in Timor-Leste, occasionally posting videos taunting Philippine authorities who wanted him for multiple murder cases......»»
Each shrinking his carbon
Recently, residents in Metro Manila woke up to an overcast, foggy morning sky. Conjectures attributed it to another impending eruption of Taal Volcano, like it did in 2020. Phivolcs clarified that the smog that covered Metro Manila was not caused by the volcano; it was rather pollution trapped in the lower levels of the atmosphere. It was a surprise to many because, while traffic congestion has been worsening after the pandemic and Manila was identified as one of the most congested cities in Asia, it rarely brought to the public’s attention that the air pollution it causes is so serious. During the pandemic, people noticed that, due to the lockdown implemented in most countries, air quality improved and we were seeing clearer skies, but the situation changed rapidly as almost everything was “back to normal”. Countries are doing their bit to mitigate air pollution and slow global warming. The European Union set a goal to cut carbon emissions by at least 55 percent and source 45 percent of its energy from renewable sources by 2030. Starting today, EU’s carbon border adjustment mechanism, a carbon tariff on carbon-intensive products, will enter its trial phase. The transition phase of CBAM, from October 2023 to December 2025, will require exporters to submit emissions reports to importing partners. From January 2026, CBAM will be implemented and initially apply to imports in the emissions-intensive sectors deemed at greater risk of carbon leakage: cement, electricity, fertilizers, iron and steel, aluminum and hydrogen. From 2026, EU importers will start paying a financial adjustment by surrendering the amount of CBAM certificates that correspond to the emissions embedded in their imports. The EU Emissions Trading System’s free emission allowances are to be replaced by the CBAM gradually from 2026 to 2034. Thus, CBAM, the CO2 border tax, will be fully phased in at the start of 2034, when free carbon certificates are eliminated. In the Philippines, electric vehicle adoption was given a boost by Executive Order No. 12 issued in January, which reduced the tariffs on certain EVs to zero for five years, effectively lowering vehicle prices and encouraging people to purchase EVs. The EO covers EV segments such as cars, buses, vans, trucks, kick scooters, self-balancing cycles, bicycles and pocket motorcycles with auxiliary motors not exceeding 250 watts and with a maximum speed of 25 kilometers per hour. Nonetheless, electric motorcycles were excluded from the EO, and are still subject to a 30-percent tariff. In Taiwan, to encourage people to stop buying fuel vehicles by 2040 and achieve the target of net zero carbon emissions by 2050, people who buy new electric motorcycles enjoy a subsidy from the government varies from NT$5,100 to 7,000, equals to 8,990 to P12,340, depending on the model purchased until the end of 2026. If the battery cores, negative electrode materials, electrolyte and copper foil used in the electric motorcycles are all domestically produced, each vehicle will receive an additional subsidy of NT$3,000. Until the end of 2024, people who replace their more than 10-year-old car with an electric car will get a NT$15,000 to 18,000 subsidy in Taiwan. While Singapore and Taiwan launched their first carbon exchange platform Climate Impact X and Taiwan Carbon Solution Exchange in 2021 and August 2023, respectively, Indonesia also started its carbon trading market on 26 September. President Joko Widodo attended the launch, saying the exchange could create a new sustainable economy, estimating it has the potential to be worth at least Rp3,000 trillion ($194 billion). “This will be a new sustainable economic opportunity as the world is heading toward the green economy,” he said. The post Each shrinking his carbon appeared first on Daily Tribune......»»
‘The Super Models’, the original influencers, come to Apple TV
Naomi, Christy, Linda and Cindy are back, recounting how they revolutionized fashion as the first supermodels in the 1990s in a new series for Apple TV. "The Super Models", which launches on the streaming platform on Wednesday, looks back on the four women who created a template for today's uber-influencers by injecting an element of personality into the job of modelling. Britain's Naomi Campbell, 53, Canada's Linda Evangelista, 58 and the two Americans, Cindy Crawford, 57, and Christy Turlington, 54, dominated the fashion scene during one of its most explosive periods. They worked with the top designers and photographers, though it was a music video, George Michael's "Freedom", which helped cement their status in the public consciousness as the first "supermodels". "(The 1990s) was a very unique time historically, where everything was converging -- fashion, music, you had MTV just starting -- ...right before the brink of the internet," said co-director Larissa Bills. "These women were like the original influencers. Prior to the internet, prior to social media, they were able to bring a whole world to the public in a way that hadn't been done before." It is the first time they have shared their story together. "The fact that they're all in their 50s now... it was the right time. They're in a more reflective space in their lives," said Bills. All from modest backgrounds, the foursome made millions of dollars and reveled in their stardom. But they also faced many of the horrific aspects of the fashion industry -- addiction, eating disorders, sexual harassment. Evangelista faced perhaps the most challenging moments, with a husband accused of rape by other women (the case was finally dropped in early 2023), breast cancer and a botched cosmetic surgery which she says left her "disfigured". Age is an under-current of their discussions, and was underlined again in recent days after the foursome featured on the cover of Vogue in the United States and Britain. The distinct lack of wrinkles led many to accuse the magazine of doctoring the images. For Bills, though, the series is a celebration. "They shouldered such a giant responsibility -- to be 16 years old and the face of a brand. The industry was not regulated at the time and they really did it on their own. Well done to them," she said. adm/er/gil © Agence France-Presse The post ‘The Super Models’, the original influencers, come to Apple TV appeared first on Daily Tribune......»»
Thousands stuck in mud at Burning Man festival, one dead
Tens of thousands of festival-goers were stranded Sunday in deep mud in the Nevada desert after rain turned the annual Burning Man gathering into a quagmire, with police investigating one death. Video footage showed costume-wearing "burners" struggling across the wet gray-brown site, some using trash bags as makeshift boots, while many vehicles were stuck in the sludge. All events at the counterculture festival, which drew some 70,000 people, were canceled after rain tore down structures for dance parties, art installations and other entertainment. Police said they were probing one death, without giving further details. Road gates in and out of the Black Rock City venue were closed, but some desperate attendees trudged on foot for hours to reach the nearest road and hitch a lift out. "It was an incredibly harrowing 6 mile (10 kilometer) hike at midnight through heavy and slippery mud, but I got safely out," lawyer Neal Katyal said on social media. "It is very slippery and the mud is like cement and sticks to your boots. "No one should try this unless in good shape and part of a group. These are dangerous conditions to hike and will likely get worse." Festival crowds were asked to shelter in place and conserve food and water after the heavy rains started Friday night, with more downpours forecast on Sunday. "You can't really walk or drive," a young woman with dreadlocks named Christine Lee, a circus performer, said on TikTok. Internet service was not available or patchy, she said. "My boots are five inches, and the mud became five inches so I was kind of on stilts," Lee said, adding people were being told they may be stuck until Tuesday. "We have enough tuna for a week so we're OK." A video posted on social media showed comedian Chris Rock hitching a ride in the back of a pickup truck after managing to leave. Pershing County Sheriff’s Sargent Nathan Carmichael told CNN the conditions are difficult. The muck "seems to stick to people, stick to tires (and) makes it very, very difficult to move vehicles around," he said, adding that most RV motorhomes were stranded. Organizers urged festivalgoers to "conserve food, water and fuel, and shelter in a warm, safe space," saying the "playa" -- the huge open-air esplanade where the event unfolds -- was impassable. "Look out for your neighbors, introduce yourself," they added. The festival was scheduled to conclude on Monday. 'Survival guide' The organizers warned only some four-wheel drive vehicles with all-terrain tires were able to move. "Anything less than that will get stuck. It will hamper exodus if we have cars stuck on roads in our camping areas, or on the Gate Road out of the city," they said on a "2023 Wet Playa Survival Guide" special webpage. If necessary, they said it was possible to walk to the nearest road, where buses would be provided to take people to Reno. Mobile cellphone trailers were being deployed and the site's wireless internet was opened for public access. "We have done table-top drills for events like this. We are engaged full-time on all aspects of safety," organizers said. Last year, the festival contended with an intense heat wave and strong winds. Launched in 1986 in San Francisco, Burning Man aims to be an undefinable event, somewhere between a celebration of counterculture and a spiritual retreat. The festival -- for which tickets cost hundreds of dollars -- culminates each year with the ceremonial burning of a 40-foot (12-meter) effigy. It has been held since the 1990s in the Black Rock Desert, a protected area in northwest Nevada, which the organizers are committed to preserving. The post Thousands stuck in mud at Burning Man festival, one dead appeared first on Daily Tribune......»»
Shanghai billionaire
Author’s Note. This story is inspired by true events in Manila, Philippines in the early 1950s. Mawan is a rags-to-riches guy, like a few other famous Filipino Taipans. He stowed away on a cargo ship in Shanghai bound for Manila. Upon reaching Manila, he jumped ship in the dark of night and found his freedom from great poverty to less poverty. He slept in front of a bank on Plaza Cervantes until the police shooed him away. He was forced to sleep under a nearby footbridge along the bank of the Pasig River. For six months, he survived by trading in junk, old newspapers, and empty bottles (dyaryo-bote). He was a “no-English-no-read-no-write” kid. Maning, the bank manager, who often saw Mawan loitering outside the bank and was getting annoyed, asked him in Pilipino where he was from. Mawan answered in Cantonese. It was the beginning of an instant friendship as the manager was once a Shanghai boy himself. Mawan blurted out his story of adventure. Maning adopted Mawan as his own son and gave him a job as a janitor at the bank. He slept in the garage of the manager’s Chinatown home. To cut the story short, in 10 years, Mawan graduated from janitor to clerk to supervisor at the bank. He later resigned, and in another 10 years, graduated from junk shop owner to stockbroker. He became a billionaire at the age of 33. At that time, China bought most of the global supply of coal, which was fuel for cement plants, inducing a nationwide coal shortage. Cement stocks fell to their lowest point and that was when Mawan used all his savings to purchase stocks of the largest cement plant in the country. He ignored Maning’s warnings that it was a dangerous move. When the shortage was over and coal was once again available for cement production, Mawan’s stocks soared to the stratosphere and, at their peak, he unloaded at 55 times their purchase price. He, in fact, caused the stock to take a deep dive as many investors followed his move. He married the daughter of a Chinese billionaire and had a daughter, Melissa. Mawan spoiled her, but he knew that she would not be able to survive in a cruel world with a silver spoon in her mouth. So, he yanked her out of her comfort zone and immersed her in mud, sending her to live with the laborers he had contracted to build a huge mall in Cebu City. MELISSA: Papa, thank you for letting me help your workers. I’m so bored reading books, I’m going crazy. MAWAN: Can you manage to live in a small beach shack with no maid and no car? MELISSA: I am so happy helping the workers, I can take any kind of discomfort. But I got a worker’s daughter as my maid. I’m on top of the world, Papa. Melissa grew in the spirit in her whole new world. From her pocket money, she gave small loans to the beleaguered workers and paid their hospital bills when they got sick. MAWAN: Be careful, Melissa. The workers may not pay you back. MELISSA: I don’t have a problem. They know that if they don’t pay me back, they will lose their jobs. I hired a micro-lending consultant to teach them how to save money to pay off their loans. So far, I have zero bad debts from loans of half a million pesos, Papa. Mawan was so happy that his daughter had turned out so well after he had dipped her in the mud. Then, suddenly, he developed cancer of the prostate, stage 1. He had it cured immediately, but the doctor warned that he needed to rest to strengthen his immune system. MAWAN: Melissa, I want you to drop everything and take over. I need to rest. MELISSA: Go on a world tour, you and Mama. Take a slow tour of the Yangtze River for a month. Visit the ancient Buddhist temples outside Shanghai. I will take care of business. The hardship she experienced in Cebu strengthened Melissa’s spirit. She was ready to be the youngest CEO in Chinatown. MAWAN: (Upon returning home after two months in China.) Our immersion in China was the greatest gift you gave us, Melissa. It opened my eyes. We met so many people who made us happy. Now I know. The world is not just about building corporate empires but also spiritual empires. MELISSA: My world with the workers was your greatest gift to me. Your wisdom opened my heart. It was a great exchange gift. Somehow, happiness healed Mawan’s cancer. He adopted Melissa’s style, immersing himself in the workers as the key to his healing. eastwindreplyctr@gmail.com The post Shanghai billionaire appeared first on Daily Tribune......»»
Nightmarish traffic
It does seem that no one in this government is gutsy enough to single-handedly wrangle with Metro Manila’s seemingly unsolvable monstrous traffic. Either that or everyone in this government doesn’t give a damn, making all of them nothing but sadistic nihilists. Still, I’m hoping, despite all indications to the contrary, that someone will finally do something and prove me wrong. Who then is going to be our traffic monster slayer? He or she is going to be our superhero. Far more relevant to us, in fact, is what he or she is going to do about the traffic in the metropolis rather than the ridiculousness of the tiff between the Vice President and the House Speaker. Still, for the moment, we need to be harsh. We truly can’t afford scared-shitless bureaucrats, afraid to take on the traffic, particularly now that enfolding “kapre-like” Metro Manila traffic is blowing up around our heads, after a year or two of traffic-free bliss during the pandemic. But traffic-free bliss is now a distant memory like vaccination schedules, replaced by rising, even flaring, tempers over traffic. As I write this, my social media feed is full of Christmas-light pictures of last Friday night’s nerve-wracking, stand-still, sleep-inducing Carmageddon on both sides of EDSA. EDSA is once more a horrendous nightmare, despite an exclusive bus lane. This only proves there are just too many private vehicles and that politicians and policymakers don’t dare go against the car industry. Similarly, just last weekend, like most weekends in my experience, the supposedly traffic-busting Skyway turned into a turtle-pace version of the “Fast and Furious” movies. So what is happening? Like you, I don’t know. Lip service-paying bureaucrats and policymakers, who habitually go into posturing fits about solutions to our daily living issues, are suddenly clamming up. But shouldn’t they at least squeak the maddening traffic, like for instance why Roxas Boulevard — my daily route — has been in such a mess these past months? The major road artery is currently undergoing rehabilitation. Its whole length from Baclaran to Luneta is being re-cemented, largely because the crucial road had turned into a wavy asphalt version of Manila Bay ever since trailer trucks were allowed on it. But even before Roxas could slowly become serviceable again, trailer trucks — and for that matter all types of trucks — are back with a vengeance. And frustratingly of all times, right smack during rush hour! So whatever happened to the rush-hour truck ban? As far as I know, the rush-hour truck ban hasn’t been recalled. Neither has the so-called TAB system, a system agreed upon by Manila Port officials and the MMDA to control the entry and exit of legitimate trailer trucks on Roxas. The rehab isn’t something to crow about either — ordinary cement takes ages to dry. Why can’t the rehab of a major artery like Roxas be done like EDSA where quick dry cement is used every time it is re-blocked on weekends? I’m pretty sure in your daily commute, you too have your own traffic horror stories and peeves, which, for one, probably include a thing or two about traffic enforcers. Now, traffic enforcers are still up to their same old dirty tricks, like they aren’t there when you need them, or congregating at notorious mulcting spots, ticketing the unwary with the non-existent violation of swerving, like near the Metropolitan Theater just off Quezon Bridge. Nothing drastic has been done about these brazen enforcers. Brazen traffic enforcers are one thing. But even more barefaced is the disgusting display of power and pelf by entitled pols or officials who, with their convoys complete with police motorcycle escorts, literally test our haggard patience while navigating traffic-choked, flood-prone streets. Yup, this government hasn’t put its foot down on such flagrant abuse. It has even gotten worse. And to think this President wants his legacy to be that he looked out for the common man. Email: nevqjr@yahoo.com.ph The post Nightmarish traffic appeared first on Daily Tribune......»»
‘Taj Mahal’ of Negros Occidental
“Ancient ruins,” said Mary Jo Arnoldi, chair of the anthropology department at the Smithsonian National Museum of Natural History, “give us a connection to the past that’s visceral. This was a real place, and you can walk through it.” This could be why Raymund Javellana, the man who wanted The Ruins, which is listed by oddee.com as “one 12 most fascinating ruins of the world,” restored to its former glory. The Ruins was a mansion built in Talisay City, Negros Occidental. “I am so glad that it was not destroyed completely. With the blessings of The Lord, we were able to restore the mansion itself. I challenge people who keep on destroying the old structures to please stop and make some good use of it,” Javellana said when he accepted the award for The Ruins as Best Destination (Heritage Sites category) at the first Choose Philippines Awards in 2016. Javellana is the great-grandson of Don Mariano Ledesma Lacson, the Negrense sugar baron who built the mansion for love. How the mansion came to be Love, goes a famous song, comes from the most unexpected places. This is what happened to Mariano Ledesma Lacson, a sugar baron from Negros. The most-sought after bachelor was visiting Hong Kong with a friend when he met Maria Braga, a Portuguese lady from Macau and daughter of a ship captain. Smitten by her beauty, he courted her earnestly until she said yes. To make the long story short, they got married and he brought her to his ancestral house in Talisay, where they raised their family together. Children came after one another: Victoria, Rafael (who later became the governor of Negros Occidental), Mercedes, Natividad, Sofia, Felipe (who became a mayor of Talisay), Consolacion, Angelina, Ramon and Eduardo. Maria was pregnant with their 11th child when she slipped in the bathroom. She was bleeding; her condition was so precarious that traveling outside of the house was out of question. Mariano summoned some of his men to get a resident doctor from a nearby town. He told them to use a horse-drawn carriage, then the fastest mode of transportation. It was the 1920s and it took two days to traverse the various sugar farms to Silay. By the time the doctor arrived, on the fourth day, Maria and her child were dead. Mariano was so devastated, he went into a depression for a time m. Yet knowing he still had children needing his attention, he began to focus instead on building a house in memory of his beloved wife. He consulted his father-in-law about the idea, who fully supported his plans. Being a ship captain, he brought in many items from Europe and China — ranging from machuca or handmade custom cement tiles, chandeliers and china wares. He even brought with him some construction workers from China just to help build the mansion. A local builder was entrusted to make the design and building specifications. Mariano asked his son Felipe to supervise the project and ensure an A-grade mixture of concrete was precisely poured. The marble-like effect of high-grade concrete can be felt by touching the posts and walls of what remains now of the mansion. The entire property has a floor area of 900 square meters: 450 sq.m. upstairs and the same on the lower ground. Ten rooms occupied the mansion: eight for children, a Master’s bedroom and a family room. The house was of Italianate architecture as evidenced by its neo-Romanesque columns all around. “Since the engineer was a Filipino, it is believed the design came from that of Maria’s ancestral mansion which was given by her father to Mariano as sample,” an inflight magazine said. “The imprimatur of Maria’s father, a ship captain, is now clear from the shell-inspired décor all around the top edges of the mansion – the same ones that identified the homes of ship captains in New England at that time.” It took about three years to finish the Don Mariano Lacson Mansion. Because it was built out of a husband’s devotion to his wife, Javellana likens it to the Taj Mahal, a white marble mausoleum built by Mughal emperor Shah Jahan in memory of his third wife. The initials engraved on every post of the mansion — two Ms facing each other — stand for Mariano and Maria. [caption id="attachment_134716" align="aligncenter" width="525"] The two M's facing each other stand for Mariano and Maria.[/caption] At that time, the mansion was the largest residential structure ever built in the area. It was constructed at the center of a 440-hectare farm. The Lacson family lived in the mansion happily, but it was not “ever after” as Japanese forces invaded the country in December 1941 after Japan’s declaration of war upon the United States, which controlled the Philippines at the time and possessed important military bases. In anticipation of the war, the Lacson family fled their home. They left behind all their furniture, china wares, home décor and some personal belongings, locked up the place and left a caretaker to watch over the mansion. The soldiers of the US Armed Forces in the Far East came to the place. Sensing that it might be used as headquarters of the Japanese troops, it was decided that it would be burned just like other big houses in the area. While it took three years to build the mansion, it took only three days to consume all of its roofs, ceilings, two-inch wooden floors, doors and windows, which were all made of hardwood of tindalo, narra and kamagong. Still, the three-day inferno was not able to flatten the whole mansion. Thanks to its oversize steel bars and the meticulous way of pouring A-grade mixture of concrete, the skeletal frame remains. The four-tiered fountain in front of what remains of the mansion makes it a perfect replica of the ancient homes with spacious gardens – like those you see in the old city of Savannah, Georgia in the United States. Joy Gallera Malaga, an independent writer who visited the place, wrote: “And most likely you would appreciate the mansion even if it was already reduced to its skeletal frame, or maybe it is its present condition that adds to its character and beauty. That’s the charm of old structures; it invites you to engage in an experience just by being there, getting to know it better through the stories it continues to tell.” [caption id="attachment_134715" align="aligncenter" width="525"] Water fountain.[/caption] Love and legacy Filipinos would have never seen The Ruins – which was abandoned for 67 years! – had it not been for Javellana. He is the son of Ramon, who was the son of Mercedes, the daughter of Mariano. Raymund had a travel agency in Manila when his mother requested him to come back to Negros and help her manage their sugar plantations. He now settles in Silay but in one of his trips to Talisay, he saw the abandoned mansion, which is located in Hacienda Sta. Maria. He decided to make it one of the province’s tourist attractions. Although people were not too keen about the idea, Javellana pursued his plans. In January 2008, he opened The Ruins to the public. People flocked to the place. Aside from being a tourist attraction, The Ruins is fast becoming a favorite venue for weddings and photo shoots. It was a good Javellana, inspired by his father and their forebears, kept his dream alive, never giving up on it. That’s love. The post ‘Taj Mahal’ of Negros Occidental appeared first on Daily Tribune......»»
‘Big sponge’: new CO2 tech taps oceans to tackle global warming
Floating in the port of Los Angeles, a strange-looking barge covered with pipes and tanks contains a concept that scientists hope to make waves: a new way to use the ocean as a vast carbon dioxide sponge to tackle global warming. Scientists from University of California Los Angeles (UCLA) have been working for two years on SeaChange -- an ambitious project that could one day boost the amount of CO2, a major greenhouse gas, that can be absorbed by our seas. Their goal is "to use the ocean as a big sponge," according to Gaurav Sant, director of the university's Institute for Carbon Management (ICM). The oceans, covering most of the Earth, are already the planet's main carbon sinks, acting as a critical buffer in the climate crisis. They absorb a quarter of all CO2 emissions, as well as 90 percent of the warming that has occurred in recent decades due to increasing greenhouse gases. But they are feeling the strain. The ocean is acidifying, and rising temperatures are reducing its absorption capacity. The UCLA team wants to increase that capacity by using an electrochemical process to remove vast quantities of CO2 already in seawater -- rather like wringing out a sponge to help recover its absorptive power. "If you can take out the carbon dioxide that is in the oceans, you're essentially renewing their capacity to take additional carbon dioxide from the atmosphere," Sant told AFP. Engineers built a floating mini-factory on a 100-foot (30-meter) long boat which pumps in seawater and subjects it to an electrical charge. Chemical reactions triggered by electrolysis convert CO2 dissolved in the seawater into a fine white powder containing calcium carbonate -- the compound found in chalk, limestone and oyster or mussel shells. This powder can be discarded back into the ocean, where it remains in solid form, thereby storing CO2 "very durably... over tens of thousands of years," explained Sant. Meanwhile, the pumped water returns to the sea, ready to absorb more carbon dioxide from the atmosphere. Sant and his team are confident the process will not damage the marine environment, although this will require further testing to confirm. A potential additional benefit of the technology is that it creates hydrogen as a byproduct. As the so-called "green revolution" progresses, the gas could be widely used to power clean cars, trucks and planes in the future. Of course, the priority in curbing global warming is for humans to drastically reduce current CO2 emissions -- something we are struggling to achieve. But in parallel, most scientists say carbon dioxide capture and storage techniques can play an important role in keeping the planet livable. Carbon dioxide removal (CDR) could help to achieve carbon neutrality by 2050 as it offsets emissions from industries which are particularly difficult to decarbonize, such as aviation, and cement and steel production. It could help to tackle the stocks of CO2 that have been accumulating in the atmosphere for decades. Keeping global warming under control will require the removal of between 450 billion and 1.1 trillion tons of CO2 from the atmosphere by 2100, according to the first global report dedicated to the topic, released in January. That would require the CDR sector "to grow at a rate of about 30 percent per year over the next 30 years, much like what happened with wind and solar," said one of its authors, Gregory Nemet. UCLA's SeaChange technology "fits into a category of a promising solution that could be large enough to be climate-relevant," said Nemet, a professor at the University of Wisconsin-Madison. By sequestering CO2 in mineral form within the ocean, it differs markedly from existing "direct air capture" (DAC) methods, which involve pumping and storing gas underground through a highly complex and expensive process. A start-up company, Equatic, plans to scale up the UCLA technology and prove its commercial viability, by selling carbon credits to manufacturers wanting to offset their emissions. In addition to the Los Angeles barge, a similar boat is currently being tested in Singapore. Sant hopes data from both sites will quickly lead to the construction of far larger plants that are capable of removing "thousands of tons of carbon" each year. "We expect to start operating these new plants in 18 to 24 months," he said. The post ‘Big sponge’: new CO2 tech taps oceans to tackle global warming appeared first on Daily Tribune......»»
Cost-cutting buoys Cemex Holdings profits as building yet to restart
Earnings by cement manufacturer Cemex Holdings Philippines Inc. bounced back in the third quarter but hardly due an economic restart......»»
Saso, Pagdanganan seek redemption at Ford Championship
Yuka Saso and Bianca Pagdanganan are determined to bounce back from their recent LPGA Tour performances as they mix it up with the world’s best in the Ford Championship......»»
Philippines beats India for back-to-back wins in women’s Asia ice hockey tiff
The Philippine women’s ice hockey team picked up where they left off after their opening win in the 2024 IIHF Women’s Asia and Oceania Cup with a 7-0 shutout of India at the Bishkek Arena in Kyrgyzstan on Wednesday......»»
Money lending firm collector killed in Zamboanga del Sur ambush
Gunmen killed a collector of a local money lending firm in a daytime ambush in Barangay Lutlutan in Dimataling town, Zamboanga del Sur on Wednesday......»»
Survey shows Cha-cha still unpopular with Filipinos — Senate leaders
Senate President Juan Miguel Zubiri said that the findings of the survey by private pollster Pulse Asia, which was released on Wednesday, show that Charter change is an "unpopular move.".....»»
Kaspersky Shares Cybersecurity Tips for a Peaceful Getaway during the holy week
As the holiday season approaches, the urge to unwind and kick back is natural. And it’s all too common for people to let their guard down completely when connecting to the Internet too– but shouldn’t. Recently, the Philippine National Police (PNP) Anti-Cybercrime Group shared its findings on identity theft cases in the country. Between November […].....»»
Binance ban a boon to local crypto firms
Local crypto traders are now experiencing as much as four times higher transaction volumes as investors shift their tokens from Binance......»»
Why Jake Cuenca pursued anew ‘TOTGA’ Chie Filomeno
Jake Cuenca previously described Chie Filomeno in interviews as The One That Got Away, but now it seems she’s the one that got back. While he said he’s not putting any label yet on his relationship with the actress-dancer, the two have happily rekindled their aborted romance......»»
Cebu Pacific books P8 billion profit in 2023
Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»
WWDC 2024 Will Include In-Person Special Event at Apple Park
Apple Shakes Things Up with Virtual WWDC Event In a surprising move, Apple announced that it will not be holding its traditional in-person Worldwide Developers.....»»
Reflecting on Your Business Setbacks
Challenges are an inevitable part of any endeavor, especially a business one. From unforeseen economic shifts to internal operational hurdles, every business owner will inevitably face obstacles that test their resolve. As we live in a fast-paced world, we sometimes forget about looking back, and what better time to do it than the Holy Week? […].....»»