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Cheap Energy Can Be a Bridging Fuel Needed to Get to the Endpoint of Renewable Energy Sooner
Far from banning fracking, the Biden/Harris ticket appears to be allowing it if not tacitly supporting it. This is not a contradictory stance to their aggressive renewable energy policy, according to Scott Jackson, a visiting professor of chemical and biological engineering at Villanova University's College of Engineering, who previously directed the microbial enhanced oil recovery program at DuPont Corporation. "Rather, it is recognition that cheap energy—especially natural gas produced as a result of fracking—can be a bridging fuel needed to get to the end point of renewable energy sooner," Jackson says. No one can dispute that the share of our energy coming from less efficient/more polluting coal has dropped dramatically despite the current administration’s attempts at supporting the coal industry. The reason is obvious—cleaner burning energy (less CO2 emissions) from gas fired turbine generators make more economic sense. Gas fired turbine generators are economical at a smaller scale and provides an energy source that can be rapidly turned on or off at any time. This helps to counterbalance the intermittency of renewable energy and, in some sense; this has allowed greater adoption of renewable energy. The cheapest energy source on the planet is land based wind power. The market has responded to this and now renewables make up 19 percent of our electricity. This percentage was thought to be impossible just a few years ago. Wind power energy payback time (time needed to recoup the energy invested) is measured in months and not years, and investors understand this. A much greater share of renewables (wind and solar) is very doable and makes economic sense. Jackson notes that development of cheap energy storage technology will help and must be implemented once economies of scale are achieved, however, a national power grid capable of moving energy from the wind- and sun-rich Midwest to the West Coast and East Coast will improve the reliability of renewables to the point where as much as 70% of our electricity can be sourced renewably—without new storage capacity (2018 study by the National Renewable Energy Laboratory). Improvements in battery technologies and economy of scale are starting to drive down the costs of electric transportation and storage. Eventually, natural gas sourced power generation will not be competitive to renewables," notes Jackson. "Despite the current low price of gasoline, in part as a result of fracking used in oil fields, electric cars are far more economical to operate. Companies like BP, Exxon-Mobile and Shell recognize that they are energy companies and are pivoting to more renewable sources of energy. "Ultimately, our government has a responsibility to invest in the technologies of the future that make economic sense—as renewables do—and not support the more costly and outdated fossil fuel industry," says Jackson.
Volunteers receiving government aid while unemployed face scrutiny, bias from public
With the worldwide spike in unemployment caused by the COVID-19 pandemic, many people may turn to volunteerism as a way to pass their newly found free time. But new research suggests that volunteers who also receive government aid are often judged negatively as "wasting time" that could be used to find paid employment. "We found that aid recipients are scrutinized to a greater extent than those who are working, including the underemployed, with observers demonstrating a strong bias toward believing that aid recipients should be using their time to pursue employment opportunities above all else," said Jenny Olson, an assistant professor of marketing at the Indiana University Kelley School of Business and corresponding author of the research forthcoming in the International Journal of Research in Marketing. "This is beyond education, personal leisure, and spending time with family and friends. "As a result, they are given less latitude in how they use their time, and can even be seen as more moral for choosing not to engage in prosocial behaviors, when such behaviors take time away from gaining paid employment," Olson added. "The simple act of volunteering among aid recipients -- versus not mentioning volunteering -- not only shapes judgments of the individual aid recipients, but this information can also impact views toward federal tax policy more broadly." Although volunteering is a positive activity that partially combats the negative stereotype of a welfare beneficiary, Olson and her colleagues found that it also sparks anger among observing consumers, with aid recipients being perceived as being "less moral for choosing to volunteer." Factors that minimize these judgments include being perceived as taking strides toward gaining employment via education and being perceived as unable to work. Other co-authors of the paper, "How Income Shapes Moral Judgments of Prosocial Behavior," are Andrea Morales of Arizona State University, Brent McFerran of Simon Fraser University in Canada and Darren Dahl of the University of British Columbia. The research was supported in part by grants from the Social Sciences and Humanities Research Council of Canada. According to a 2019 report from the Organisation for Economic Cooperation and Development, public spending on government assistance averaged more than 20 percent across 36 countries in 2018. Many countries -- including those in Asia, Europe, and the Americas -- have seen a rise in the number of people receiving benefits over the years, a total now reaching into the billions. The extent to which the welfare state is supported depends, in no small part, on public sentiment. Previous research has shown that support for government spending on welfare programs is directly related to how the voting public perceives the beneficiaries. This is the first paper to document a link between prosocial behavior and support for federal spending on welfare programs. "Given that individuals perceive opportunity costs for their own time, it stands to reason that they perceive them for others as well," Olson said. "Because government programs are supported by 'their' taxpayer dollars, observers often feel justified in suggesting how aid recipients spend their time." The research shows that consumers prefer different patterns of tax redistribution as a function of viewing aid recipients making nonfinancial choices. Specifically, consumers support allocating fewer tax dollars toward supporting government assistance programs after hearing about an aid recipient who volunteers his time. Researchers conducted nine studies across three countries. They randomly presented participants with scenarios about hypothetical aid recipients and asked them to offer judgment about how the recipients used their time, such as engaging in volunteer activities or sending out resumes. Participants were asked how they viewed target individuals on a morality index and how they felt about them emotionally. For interviews with Jenny Olson, contact George Vlahakis at 812-855-0846 or vlahakis@iu.edu.
Cancellation of non-conference college football games may lead to a new battle in the courtroom
The Big Ten Conference's decision to cancel all non-conference football games for the upcoming season -- and the possibility that schools in other major conferences may soon follow -- raises a number of potential legal issues, says Nathaniel Grow, associate professor of business law and ethics at the Indiana University Kelley School of Business. “Depending on the terms of the schools' college football scheduling agreement, the university cancelling the game may still owe the other school some level of compensation for breaking the agreement,” Grow said. “If the cancelling university refuses to pay, then it would not be surprising if the other school would elect to file a lawsuit.” A nationally recognized expert in the field of sports law, Grow studied has studied this issue, the subject of a 2010 article in the Journal of College and University Law. "The ultimate outcome of such a lawsuit would hinge largely on the specific terms of two affected schools' contract. In general, though, two provisions of the contract would likely prove to be the most important. First, most scheduling agreements will include some sort of liquidated damages provision, a clause that specifies that one side of the agreement must pay the other party a certain amount of money should the contract be broken. Often times, these contracts will provide that the breaching party must only pay the other school in the event that the opponent is unable to replace the cancelled game on its schedule with one against a sufficiently suitable alternative opponent. "The other relevant clause in these scheduling agreements is likely to be the force majeure provision, sometimes referred to as an ‘Act of God’ clause. Under these provisions, schools may be excused from cancelling a game without penalty if circumstances arise that make playing the game unduly difficult or impossible (for instance, a hurricane or other major weather event). The applicability of such a provision will also vary depending on the specific wording employed in the contract, and whether the clause permits a team to cancel a game on the basis of either a pandemic or a change in conference policy regarding the playing of non-conference games." Grow can be reached at 812-855-8191 or grown@iu.edu.
Joke or not – could Kanye play spoiler in the 2020 election?
It’s set the internet abuzz – and as rap superstar Kanye West (with the help of his wife Kim Kardashian West and billionaire Elon Musk) took to Twitter to declare his intentions to run for president this November. One small problem – West has missed several key deadlines to get on the ballot. However, if he is determined to run, he can ‘t run in key states like Texan, New York or North Carolina. This all seems silly right now, but if the sometimes controversial and very unpredictable celebrity makes a run, in the end – who would it help and who would it hurt? Could West’s popularity siphon off votes from Joe Biden key battleground areas? Or would a West campaign steal the attention and airtime away from Donald Trump leaving him to pitch policy and drastically reducing his reach? In a year that knows nothing normal, if you are covering Kanye West and the 2020 election – let our experts help. Mark Caleb Smith is the Director of the Center for Political Studies at Cedarville University. Mark is available to speak with media regarding this topic and any aspects about the upcoming election. Simply click on his icon to arrange an interview.
As China clamps down on Hong Kong – Is Taiwan next?
As protests erupt again across Hong Kong against the recent imposing of new security laws essentially giving Beijing unprecedented powers – it has some worried about what is next as China pursues it’s One-China policy. In Taiwan people are watching, and concern is growing. Professor Elizabeth Freund Larus teaches political science at the University of Mary Washington and is an #expert on China and the field of Asian studies. She has also been interviewed by media such as CNBC, The Diplomat and CBN News regarding this topic. She has noted that the developments in China, especially with regards to Hong Kong and Taiwan are catching global attention and will impact economies and governments across the globe. Beijing has taken an especially hard line towards Taiwan since the 2016 election of President Tsai Ing-wen of the Democratic Progressive Party (DPP), ramping up military, economic and diplomatic pressure. Tsai views Taiwan as a de facto independent nation and not part of "one China". But the pressure campaign has done little to endear China to Taiwan's 23 million people. In January, Tsai won a second term with a historic landslide and polls consistently show a growing distrust of China... Social media is filled with messages of support for Hong Kong's democracy movement. Some back Taiwanese independence, or highlight China's rights abuses in regions such as Tibet and Xinjiang. Wendy Peng, a 26-year-old magazine editor who said she often shared pro-Hong Kong democracy messages on social media, said she would now avoid visiting the city. "The national security law makes me wonder how far would China go. Right now I don't see a bottom line and there's probably none. I think it's possible they will target Taiwan next," she said. July -7 Yahoo! New/AFP If you are a reporter covering this progressing story – then let our experts help. Elizabeth Larus is available to speak to media, simply click on her icon to arrange an interview.
STORY: By the Numbers - CAA looks back on key initiatives from the pandemic
It’s been almost five months since COVID-19 started to dominate headlines in Canada and many people and businesses had to adapt to quickly changing circumstances. As one of Canada’s largest membership organizations, with multiple areas of business, CAA had to navigate the changes in various industries in order to keep CAA members safe. The initial response As a travel company, our agents helped to rebook hundreds of passenger travel itineraries as flights were cancelled and borders closed. CAA’s travel insurance company, Orion Travel Insurance, worked with thousands of insureds to extend their trip cancellation and interruption insurance policies while offering additional protection for travel suppliers’ vouchers and credits. As the community spread of COVID-19 started to take hold, CAA had to make the difficult decision to implement contact-free service and ask members to seek alternative transportation from their breakdown location, all in the interest of keeping members and drivers safe. To help do our part to curb the spread of the virus, a decision was made in early March to close all of CAA’s retail stores across south-central Ontario. While the state of emergency had not yet been implemented by the province, we felt it was the right thing to do. All CAA associates across the company quickly adapted to work from home. Shortly after, a state of emergency went into effect in Ontario and CAA was established as an essential service both for roadside and insurance operations. A Responsibility to do something good Once the safety of CAA operations was taken care of, we quickly started looking at how else we can make a difference during this difficult time. First, we committed to supporting healthcare workers and first responders by offering free roadside assistance during this crisis. We then leveraged our network of trucks to deliver vital food and supplies to those in need. CAA worked with several large organizations in need, such as food banks, Meals on Wheels, Mobilizing Masks for Healthcare Workers and other community service groups, to assist with delivering vital supplies where they were needed urgently. CAA also felt that it was important to stay connected and check in on the vulnerable members of our community who are struggling most. We created Operation Outreach to proactively reach out to a group of CAA members who were over the age of 75. The initiative was overwhelmingly positive with members appreciating the call and opportunity to interact with someone. One member even offered to join our outbound-calling team and to help check in with others. As the pandemic continued, we noticed that another important way we could give back and help people in need was through our insurance coverage. We saw that Canadians everywhere were feeling the profound social, emotional and financial effects of COVID-19, and so CAA Insurance looked at every possible way to help people save money. We are the only insurance company offering a 10% rate reduction on both home and auto policies, as well as a $100 Auto Insurance Relief Benefit. Unlike other insurers, we made sure that the rate reduction would be valid for the duration of the 12-month policy term. By the numbers Everything that was accomplished throughout the pandemic was possible thanks to the hard work of dedicated Associates and the enduring support of our Members. While many Members may join CAA for roadside or to sign up for insurance, they are also contributing to the community. The COVID-19 pandemic presented an opportunity for us to support our Members and the communities in which they live. We are pleased to share the impact that was made throughout this time.
Individuals With Intellectual and Developmental Disabilities More Likely to Contract COVID-19
Recent news coverage has indicated that individuals with intellectual and developmental disabilities (ID/DD) are more likely than those without ID/DD to contract COVID-19 and to die as a result of it. "Similar to other individuals with disability, those with ID/DD often have pre-existing health conditions that increase their risk," says Suzanne C. Smeltzer, EdD, RN, the Richard and Marianne Kreider Endowed Professor in Nursing for Vulnerable Populations at Villanova University's M. Louise Fitzpatrick College of Nursing. Some people with ID/DD live in group settings in which they come in contact with others who may be infected with COVID-19. The frequent turnover of personal assistants and contact of persons with ID/DD with multiple personal assistants may increase the risk of COVID-19 in part because of their exposure to multiple potential carriers and the need for many of their personal assistants to use public transportation. Dr. Smeltzer says, "There is also concern in the disability community, among family members of individuals with disability and among disability advocates that those with these disabilities will be viewed as less deserving of more aggressive therapies, such as ventilators. The quality of life of persons with ID/DD may be considered by others as low, even though quality of life can only be judged by the people themselves." Initial limitations put in place in many health care institutions included the exclusion of family members and other support persons because of risk for COVID-19 infection. However, a groundswell of advocacy resulted in changes in this policy because individuals with ID/DD hospitalized during the COVID-19 pandemic were being deprived of essential support. "These support persons are needed to help those with ID/DD understand what was happening in the hectic health care settings and to help with communication and decision making," says Dr. Smeltzer. "Individuals with ID/DD need the same care as others and must receive explanations about their care and must be allowed to participate in making decisions about their care."
CAA Insurance Company has developed a list of 10 questions that customers can ask their insurance companies to make sure they are covering all the bases when it comes to finding savings while staying protected. “As of right now, much of the relief provided by insurance companies during the COVID-19 pandemic will soon expire, and customers will be looking for ways to continue to save since many cars are still sitting in the driveway,” said Elliott Silverstein, director, government relations, CAA Insurance. “We felt it was important to empower people with the information they need to continue to advocate for lower premiums for the months ahead.” In a recent survey conducted in late April by CAA South Central Ontario, only one out of five CAA members surveyed were aware that their insurance company had provided relief during COVID-19. The most preferred action to lower auto insurance premium was reviewing their policy with an agent/broker to ensure coverage and costs meet individual needs. Based on this data, CAA Insurance wanted to make sure that people are asking the right questions. Customers are encouraged to call their agent or broker and review the following list of questions to make sure they are receiving all the potential savings available. What savings relief payments or refunds do you have for me during the pandemic? Are there coverages that I can reduce or put on hold while I’m not driving? Can we do a review to see if I can save more on my policy? Will increasing my deductible provide me cost savings? Do you have an insurance policy where I would only pay for insurance while I am driving, for example, pay-as-you-go? When does my policy renew and is there a penalty if I cancel my policy mid-term to save money with another insurance company? What can I do if I can’t make my insurance payments this month? Will changing my coverage from commuting to pleasure help me save money? Are there any other ongoing discounts you offer that I might qualify for? What can I do to keep my rates low after the pandemic?
TORONTO, ON., May 29, 2020 — International Data Corporation (IDC) Canada announced today the release of 20 new research reports to help vendors understand the impact of COVID-19 on the Canadian ICT market, including five new forecast documents. In addition, most analysts have created an additional report analyzing the impact of COVID-19 on their specific technology patch, providing our clients with additional details on the impact and guidance for vendors in that market. IDC Market Forecasts help technology suppliers identify market drivers and size, measure current performance, analyze leading market indicators, as well as plan for future opportunities and growth. The five forecast reports are listed below: Canadian Communications Services Forecast, 2020–2024: COVID-19 Turns Telecom Inside Out (IDC# CA45063520 ). This IDC study presents IDC Canada's five-year forecasts for communications services spending by market and customer segments, company size, industry sector, and region for 2020–2024 based on the annual update of IDC Canada's Communications Market Model and replaces our previous comprehensive spring and fall 2019 forecasts. "Communications providers are largely recession proof and fortunately investments in next-gen network technologies and architectures are allowing communications service providers to cope with unrivalled demand," says study coauthor Lawrence Surtees, vice president of Communications Research and principal analyst at IDC Canada. "But the duration of the COVID-19 pandemic is still a great unknown and its associated economic shocks could dramatically impact the current forecast." Canadian IT Professional Services Forecast, 2020–2024 (IDC# CA45064220 ). This IDC study provides the spring 2020 market size and forecasts for the Canadian IT professional services market. The professional services market is made up of four submarkets: Custom application development, IS consulting, Network consulting & integration, and Systems integration. "The Canadian IT professional services market relies on discretionary capital spending budgets, which are typically suspended or curtailed in times of economic uncertainty. 2020 will be a challenging year for professional services firms due to the COVID-19 pandemic, but the market is expected to recover as the Canadian and global economies recover and businesses reinstate capital spending for IT projects," says Jim Westcott, research manager, Professional Services, IDC Canada. Canadian Infrastructure Outsourcing Services Forecast, 2020–2024 (IDC#CA45058420). This IDC study provides IDC's forecast for the Canadian infrastructure outsourcing services market for 2020–2024. It is an update of the previous forecast published in Canadian Infrastructure Outsourcing Services Forecast, 2019–2023 (IDC #CA43804019, May 2019). "The infrastructure outsourcing market continues to change, and COVID-19 will likely accelerate change. The decline in 1st and 2nd Platform technologies is leading to slow outsourcing spending on these areas, while the growth in 3rd Platform technologies to support digital transformation are increasingly incorporated into outsourcing and managed service engagements," says Jason Bremner, research vice president, Industry and Business Solutions. Canadian Consumer Wireless, Internet, and Wireline Voice Services Forecast, 2020–2024 (IDC# CA45059520). "In an already-competitive consumer market in the middle of great technological change, the global Coronavirus pandemic and the precautionary restrictions it has placed on Canadians has not only caused drastic socioeconomic changes but has forced consumers to weigh out the value proposition of each consumer service," says coauthor Manish Nargas, senior analyst for Consumer Services and Mobility. "Survival of the fittest is the call of the hour, and it seems that some consumer services will fare better than others after the dust has settled. While easier said than done, service providers need to think beyond the today's losses in order to plan for tomorrow's win." Canadian Consumer TV Services Forecast, 2020-2024 (IDC#CA45059620). This IDC study examines the forecast for Canadian consumer TV services subscribers and revenue. It also addresses the factors shaping the market as well as the key drivers and inhibitors underlying the forecast. "TV service providers will have to bring out their A game as they look to harness their next-gen TV service capabilities and create symbiotic, seemingly 'complementary' partnerships with OTT video providers to keep consumer eyeballs on their TV service platforms all the while combating economic ill effects of COVID-19 restrictions in the short term," says coauthor Manish Nargas, senior analyst, Consumer Services and Mobility at IDC Canada. "Based on our forecasts from May 1, 2020, we’re looking at an unprecedented 5.4 per cent decline for the year for the combination of telecom and IT spending in Canada. The cumulative impact of trade restrictions, supply chain impairments, commodity price declines, significant lay-offs and freefalling consumer and business confidence has led to a more dramatic impact on the overall ICT market than we had predicted in early April," says Nigel Wallis, vice president, IoT & Industries at IDC Canada. IDC develops detailed forecasting reports and analysis for major technology markets in Canada, which are published annually during the month of May. IDC's Forecast Scenario Assumptions for the Canadian ICT Market, 2020 and Beyond (IDC# CA46217620 , May 20 20 ) supports the underlying macroeconomic assumptions for each of the ICT market forecast reports. We also recently released a new interactive Canadian COVID-19 IT Impact Dashboard tool to help our clients visualize the impacts, in partnership with Rel8ed.to, which is available for everyone to use. For our clients that need to know the impact of the pandemic on ICT Spending beyond Canada’s borders, IDC created our global COVID-19 Resources microsite which contains more research reports, webinars, press releases and blog posts from around the world. We’ve also done a series of free webcasts for our clients with the first one on April 2 and the second one on May 6. Our third webcast in this series will occur on June 4th. Register today for COVID-19 Impact: Preparing for Recovery in the Canadian Tech Market. Here’s the list of our recently published Canadian-based COVID-19 research reports to help our clients meet the challenges from the pandemic, anticipate market changes and keep business moving: COVID-19 Impact on the Canadian ICT Market (IDC#CA46134820) Canadian Datacenter Infrastructure Action Item, Q2 2020: The Impact of COVID-19 (IDC#CA45057420) Impact of COVID-19: Canadian IT Services Market (IDC#CA46166120) All Priorities Aside: The Canadian Government's Singular Response to COVID-19 (IDC#CA46166920) The Impact of COVID-19: Canadian Security Solutions Market (IDC#CA46166520) Canadian Communications Service Provider Capex Spending, 2019–2020 (IDC#CA45063820) Canadian Government Wireless Price Policy - Ill-conceived and Horribly Timed (IDC# CA45663920) COVID-19 Business Impact: Hierarchy of Needs; Moving from Pandemic Risk Management to Organizational Agility (IDC# CA46228420) How is the Pandemic Crisis Impacting Digital Transformation in Canada? (IDC# CA46235620) Impact of COVID-19: Canadian Software as a Service Market (IDC# CA46166620) COVID-19 Impact: What’s Next for the Canadian Tech Market (IDC# CA46281820) COVID-19 Impact: Canadian Retail & Wholesale Market (IDC# CA45674020) COVID-19 Leadership: Canadian CIOs Strategize on Responses to COVID-19 (forthcoming) Critical Networks Provide Critical Care: Role of Communication Networks to Treat and Prevent COVID-19 (forthcoming) COVID-19 Impact: Canadian Vertical Markets Overview (forthcoming) For more information about the market forecast reports, the COVID-19 related reports, or to arrange a one on one interview with any of the report authors, please contact Cristina Santander at AskIDC@IDCcanada.com.
Are China and America set to face off in a warmed-up version of the cold war?
Tensions and temperatures are rising between the United Stated and China. The straws on the camel’s back have been adding up in recent years, and the recent rhetoric about the origins of COVID-19 and the reaction to China’s further pursuit of the ‘One-China’ policy may be seeing both countries crossing the political Rubicon and headed toward a stand-off. The first shot fired may be China sending two air raft carriers to the Yellow Sea. This will be the first time China's new aircraft carriers deploy together for the first time and the move has sparked fears in Taiwan of a possible invasion of its Pratas islands - which could then be used as a staging point for an attack on the mainland. It comes after Beijing threatened to "reunify" Taiwan in response to Donald Trump saying he could "cut off the whole relationship" with China. Tensions have been growing between the US and China over the origins of Covid-19. The US said on Friday it is set to ban trade with 33 Chinese companies. But China's foreign minister Wang Yi said yesterday this would risk "a new Cold War" as he rejected Washington's "lies" over its handling of coronavirus while saying Beijing was open to an international effort to find its source. Wang said the United States had been infected by a "political virus" compelling figures there to continually attack China. He said: “It has come to our attention that some political forces in the US are taking China-US relations hostage and pushing our two countries to the brink of a new Cold War." May 25 – The Sun It is a concerning development given the current state of global affairs. And there are a lot of questions to be asked: What will it take to de-escalate the issue? What would a 21st Century cold war look like? And at what cost will this come to both countries who are dealing with serious economic pressures at home? If you are a journalist covering this topic – then let our experts help. Dr. Glen Duerr's research interests include comparative politics and international relations theory. Glen is an expert on this subject and is available to speak to media regarding this topic– simply click on his icon to arrange an interview.
