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Alex Pourbaix, the CEO of Cenovus, Canada’s second-largest oil and gas company, spoke up in a call with industry analysts where he criticized the plan and the money being offered to the industry. He called for a much large commitment from governments if the industry were to build large-scale CCUS. Pourbaix suggested that there were examples from other countries where the industry was being given up to 70% of the capital costs on new CCUS projects and was receiving additional money to offset operating costs.

While Pourbaix was complaining about the lack of money to build CCUS projects, he also announced to analysts that Cenovus had earned a seven-fold jump in its quarterly profits, and was tripling dividend payments to shareholders. This wasn’t mentioned in Jones’ article but did appear in the same edition of the paper, two pages later, tucked away well below the fold. It reported Cenovus had announced per-share dividends rising from $0.14 US to $0.42, with earnings exceeding analyst estimates at $0.79 per share. In the same report, Cenovus announced production output of synthetic crude from oil sands operations growing from over 769 to almost 800,000 barrels a day. There was no mention of GHG emissions contributions. And when I went to look at the company’s annual and quarterly reports, there was no reporting on GHG emissions or even intensity per barrel or per cubic metre related to production although there was a pledge to sustainability and best ESG practices. A 2020 Bloomsberg report states that GHG emissions at Cenovus continue to rise.

Cenovus is one of the founding members of the Clean Resource Innovation Network (CRIN). Its mission is to keep Canadian oil and natural gas companies competitive in world markets. Other members are fossil fuel companies, think tanks, academics, and government departments. CRIN acknowledges a low-carbon future but seems to lack a roadmap to get there. As I perused the website there was little information on strategies for carbon emission reductions. There was content related to intensity per unit of production as well as discussion about cleaner fuel standards. But I found nothing about CCUS.

Award-winning author and futurist Amy Webb examines the world of synthetic biology in her book “The Genesis Machine.” She sits down with Hari Sreenivasan to discuss the potential and the concerns of redesigning our lives.

Originally aired on April 28, 2022.

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In the pre-industrial age, people only needed to measure years and months to a fair amount of accuracy. The position of the sun in the sky was good enough to break up the day. Timing at the level of fractions of a second was simply not needed.

Eventually, modern industry arose. Fast-moving machines came to dominate human activity, and clocks required hands that could measure seconds. In the current era of digital technology, the timing of electronic circuitry means that millionths or billionths of a second actually matter. None of the high-tech stuff we need, from our phones to our cars, can be controlled or manipulated if we cannot keep close track of it. To make technology work, we need clocks that are faster than the timing of the machines we need to control. For today’s technology, that means we must be able to measure seconds, milliseconds, or even nanoseconds with astonishing accuracy.

Every timekeeping device works via a version of a pendulum. Something must swing back and forth to beat out a basic unit of time. Mechanical clocks used gears and springs. But metal changes shape as it heats or cools, and friction wears down mechanical parts. All of this limits the accuracy of these timekeeping machines. As the speed of human culture climbed higher, it demanded a kind of hyper-fast pendulum that would never wear down.

The widely used anesthetic propofol has a dramatic effect on the oscillating waves circulating through the brain, a new primate study shows – important findings for understanding more about our bodies under anesthesia, and ensuring it remains safe to use.

When we’re conscious, the brain is dominated by higher frequency waves (beta waves) – but under the influence of propofol-based general anesthesia, it seems that very slow-frequency traveling waves (delta waves) are much more common.

Moving through the cortex – the outermost layer of brain tissue – these waves also shift from traveling in all kinds of different directions to all pointing the same way. Some beta waves still exist, but also in small pockets not covered by delta waves.