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Monthly Archives: March 2022
Paysafe Keeps On Growing In USA – FinSMEs
Posted: March 18, 2022 at 8:28 pm
In February 2022, Paysafe Limited (NYSE: PSFE) (PSFE.WS), a specialized payments platform provider, signed several partnerships with established companies to continue its efforts to expand its business across the USA.
These new partnerships enable the company, which enables businesses and consumers to connect and transact through payment processing, digital wallet, and online cash solutions, to keep on growing in the iGaming sector.It already is a leader in digital and affiliate marketing technology and services for iGaming operators through its Income Access business unit. Paysafe currently supports the majority of operators across the country with payments and marketing solutions across 21 jurisdictions. In Canada, the company partners with several regulated iLottery and gaming brands.
Paysafe, which had an annualized transactional volume of U.S. $100 billion in 2020, approximately has 3,400 employees, who are based in 12 countries global locations, connecting businesses and consumers across 70 payment types in over 40 currencies around the world.The company has its headquarters in London. UK users can have a look at other online offerings from Non GamStop Bets Casinos.
To continue to expand its reach in the country, last month, Paysafe signed a new partnership withBallys Corporation(NYSE: BALY), a global casino entertainment company with an omni-channel presence of online sports betting and iGaming offerings.
The company has launched the partnership, which will be completely executed during the next months, by streamlining player deposits for both
1) the new Bally Bet online sportsbook for Arizona, and
2) the BallyCasino.com brand for New Jersey.
Through the integration with the fintech companys payment gateway, theBally Betonline sportsbook in Arizona will enable players to deposit funds using their credit or debit cards. After funding their account, users can wager on a wide range of sports markets.
At the same time, theBallyCasino.comreal-money online casino for New Jersey has entered the Paysafe payment gateway. Whether users are at the Ballys Atlantic City Casino Resort or accessing the iCasino product elsewhere in the state, they can fund their account with a credit or debit card, with the transaction processed by Paysafe.
These integrations are expected to be upgraded soon to enable access to Paysafes suite of alternative payment methods (APMs). These will include the PaysafecashandpaysafecardeCash solutions and theSkrill USAdigital wallet for players who wager online with cash.
For the phase two of the deal, planned to go live in the coming months, the company will integrate with several Bally Bet online sportsbooks.
In February, Paysafealso announced a partnership to provide online credit and debit card payment processing for theHard Rock Online Casino New Jerseymobile app. Through Hard Rock Online Casino New Jerseys integration with its payment gateway, the payments specialist is now processing New Jersey players card deposits. The partnership covers the complete payments journey for New Jersey players.
The company announced its expanded partnership withBetWildwood, the official online sportsbook of Wildwood Casino in Colorado. BetWildwood has integrated Paysafes newSkrill USAdigital wallet, upgrading its existing Skrill wallet to streamline depositing and payouts for its players as well as support broader customer acquisition and retention.
The company also announced its expansion into the Louisiana and Oregon mobile sports-betting markets. Paysafe is now processing sports-bettor deposits with major mobile sportsbooks in the Louisiana market, which went live recently, as well as powering multiple iGaming affiliate programs in the state throughIncome Access, its marketing technology and services provider. In tandem, Paysafe has also entered the Oregon sports-betting market to streamline player deposits.
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Routy: taking monetisation to the next level – Casino Beats
Posted: at 8:28 pm
Assisting businesses in monetising more efficiently by simply knowing more may sound, and read, that a straightforward task, but that, in its most basic form, is that key challenge being faced by Routy on a day-to-day basis.
The software aimed at affiliates aims to help companys see where actual revenue is generated quickly, which, in turn, would drive understanding and allow efforts to be channelled much more effectively.
Here, Haim Bell, Founder of Routy, addresses some of the challenge faced by affiliates when it comes to monetisation, if this is currently being done to its fullest, how challenges can be overcome and more.
CasinoBeats: Do affiliates really understand the importance of data and tracking?
Haim Bell: I think the vast majority of affiliates understand the importance of data and the need to track it. I would say that nine out of ten affiliates are using the most common tracking software in the world, Google Analytics, and they are using it to monitor site traffic.
When it comes to player data, however, most affiliates are not even aware of the ability to track on a player level, with even less actually monitoring and analysing player data and behaviour across their site or sites.
CB: What are the benefits of tracking and analysing data at the page and player level?
HB: There are a few reasons why affiliates should track on a player level.The first relates to accounting affiliates need to know how their revenue has been calculated and if they are not tracking data and activity at the player level, they are essentially handing over control of their revenues to their operator partners.
No, even the largest media companies are not fully monetising their traffic right now
For example, most operator portals show a commission column using different metrics per day, per brand, per tracker, etc. This is a total figure based on one or more players and in most cases does not break out the total number of players, average player value, number of players converted during the given period, players from previous months, etc.
This data is crucial to the affiliate understanding how revenues have been calculated and also how to position that brand across their site to maximise conversions and revenues.
This leads on to the second reason monetisation. Ultimately, an affiliates role is to sell cheap traffic to the highest bidder. There are a lot of different factors that can impact ROI here, but a high ROI together with a happy operator partner makes for a good performance marketer.
But to increase ROI and keep partners happy, affiliates need to know exactly how their traffic is behaving and the only way to do this is to track data and activity at the player level.
CB: Are affiliates currently fully monetising traffic?
HB: No, even the largest media companies are not fully monetising their traffic right now. To maximise monetisation, affiliates need to be able to access as much data as possible relating to their traffic and the conversions they generate. But due to the way that affiliates must access individual operator portals to monitor traffic and track performance, it is almost impossible to do this.
CB: Sticking with the theme of monetisation, what more can be done to optimise the process?
HB: This depends on the individual affiliate and the resources available to them. For smaller affiliates, I would stick with very basic player level tracking. This is to avoid data overload which can lead to what I call analysis paralysis this can be pretty devastating for a business as the affiliate cant handle the large volume of data that it is gathering. But by focusing on basic data and keeping it simple, monetisation can be improved.
When it comes to player data, however, most affiliates are not even aware of the ability to track on a player level
For larger organisations, I would recommend hiring a data analyst someone experienced in this role knows how to gather, clean and study data sets to ultimately take monetisation to the next level.
CB: What would you say are the key challenges faced by affiliates when it comes to monetisation and how can they be overcome?
HB: To be able to monetise, affiliates need to have end to end data on a single report with the lowest key tracking possible. It is possible to monetise with the tracking profiles offered through the affiliate program, but affiliates can only do that effectively across a handful of pages and with a small number of brands. In short, it is not a scalable approach.
To bring all data into a single source of truth, affiliates must use tracking software and a stats crawler. There are dozens of tracking platforms out there, but not many of them have been built specifically for the online gambling industry.
Stats crawlers and aggregators are a little more complex. There are many affiliate software providers servicing the market NetRefer, CelXpert, MyAffiliate, etc but only a small number have an API which makes it hard to access their data. Some larger affiliate organisations look to develop these capabilities in-house, but it can take months if not years of design, development and testing.
In addition, a DevOps team is usually required to make sure the infrastructure is stable and then to constantly add more affiliate software providers and programs.
Of course, there are third party providers that can bridge the gap, and that is exactly what we are looking to do with Routy.
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DNA identified in search for Brianna Maitland, 17-year-old Vermont girl who went missing in 2004 – CBS News
Posted: at 8:26 pm
Vermont State Police investigators used advanced DNA sequencing techniques to identify a sample found as part of their investigation into the 2004 disappearance of a 17-year-old girl in the town of Montgomery, police said Friday.
But investigators say identifying the source of the DNA found near the abandoned car of Brianna Maitland does not mean they have identified a suspect in her disappearance.
"We are continuing our active efforts to investigate every lead associated with this case, and we constantly look for new technological advances to aid in our investigation," lead investigator Detective Sgt. Angela Baker said in a statement. "The use of genetic genealogy to identify the DNA found 18 years ago is just one example of how detectives continue to track down every potential lead in this case."
Brianna was last seen on the evening of March 19, 2004, when she left work at the Black Lantern Inn in Montgomery. She was headed to a friend's house where she was living, but she never arrived.
The next day, her 1985 Oldsmobile was located backed into an abandoned building about a mile from the restaurant. The now-identified DNA sample was later found near the car.
Police have said there is no evidence Brianna left the area willingly and they believe she was a victim of foul play.
The DNA collected from near Brianna's car was added to the FBI's DNA database and compared to samples from 11 people of interest in the case, but no match was found.
In the fall of 2020, the state police sent samples to Othram, a Texas-based forensic sequencing laboratorythat has set up afundraising pagefor the investigation.
After months of investigation, police were able to "locate, interview, and obtain DNA samples from possible donors."
Those DNA samples were sent to the Vermont Forensic Laboratory, which confirmed that DNA from one of the individuals matched the DNA found on the ground near Brianna's vehicle.
Anyone with tips or other information that might in any way be relevant to the investigation should contact Detective Baker atangela.baker@vermont.gov, or submit ananonymous tip online.
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DNA identified in search for Brianna Maitland, 17-year-old Vermont girl who went missing in 2004 - CBS News
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Circulating tumour DNA monitoring and early treatment for relapse: views from patients with early-stage melanoma | British Journal of Cancer -…
Posted: at 8:26 pm
Sample demographics
Twenty-five participants from across the UK were interviewed who were diagnosed with early-stage melanoma (Stages IAIIC) between 2011 and 2021 (see Table1 for a description of the cohort).
Views from participants regarding ctDNA monitoring for signs of early relapse and early treatment were grouped into two themes: (1) ctDNA monitoring would add service value and (2) test results provide opportunity and knowledge, with each theme including subthemes. All participant names have been replaced with pseudonyms.
The majority of participants did not know what ctDNA monitoring was or were unable to provide a definition. Upon providing participants with a simple definition of the new technology and blood test procedure, all of the participants described regular ctDNA monitoring as a good idea, as the new technology would be more scientific, would reduce the fear of the unknown and identify relapse early.
The majority of participants described skin check procedures as inconsistent in quality. They explained that at each appointment checks would be performed by a different healthcare professional, with some more thorough than others. They felt that skin checks are subject to human error and feared that changes could be missed. Consequently, participants believed that more could be done to provide them with a consistent marker of relapse:
Ive gone from having really detailed full body checks, lymph node checks, et cetera, every single one of the moles and I have a lot of them on my body being checked, to, okay, well check your lymph nodes, well look at the original site, are there any that youre worried about, type thing? (Fiona, 42, stage 1b, diagnosed in 2015)
When presented with the idea of a blood test to detect for early signs of relapse, all participants reacted positively, identifying ctDNA monitoring as the next step in melanoma care:
I think the treatment, as they stand at the moment, is all pretty visual. You know, on the whole, especially for stage 1 and 2, I think its virtually all visual, and things can get missed. Whereas, if youve got definite results, or likely results, from something like a blood test, I believe that to be more the way forward. (Harry, 49, stage 2b, diagnosed in 2017).
Compared to skin checks, they described a blood test as a more scientific measure, providing conclusive evidence of cancer recurrence. They explained that if ctDNA monitoring had been offered as part of their follow-up care, they would have been more reassured, describing the test as an extra safety measure or as one participant described another line of defence (Graeme, 34, stage 2a, diagnosed in 2021):
Id be over the moon if someone said to me, were going to put you on regular checks for x number of years as well as these visual skin checks. It feels more scientific. (Gill, 51, stage 1a, diagnosed in 2019)
As well as mitigating the effects of human error at skin checks, participants explained that blood test monitoring for early signs of relapse would be essential for providing internal evidence of change. Nevertheless, although deemed more conclusive than skin checks, all participants believed that ctDNA monitoring should not replace visual checks but be used alongside them for a belt and braces approach to care:
I just think its like a double check really isnt it, its like a belt and braces, youve got a visual and then youve got the internal and youve got something scientific that can be kind of highlighting you as early as possible. Especially if its being done every three months, thats so quick in terms of, if you start to see something then, you could do something quite preventable. (Yvonne, 47, stage 1b, diagnosed in 2019)
Participants described melanoma as a sneaky disease with no reliable means of knowing whether relapse would occur. This fear of the unknown was identified as anxiety-provoking and hard to live with post-diagnosis. However, the participants explained that a regular blood test would provide them with the confidence and peace of mind that they were being monitored for melanoma relapse more closely:
well certainly me with melanoma, you know, thats absolutely my biggest fear, is that its going to come back and Im not going to know about it, Im not going to know about it until, you know, Im so much further down the line so to speak. So, you know, if anything could detect something early and there could be early intervention then, you know, I would want to have it. (Lisa, 32, stage 2a, diagnosed in 2018)
They suggested that opting for this blood test would enable patients to feel more proactive about their care, reducing anxiety and enabling them to be forewarned about a potential relapse. Similarly, all participants felt that with regular blood tests, the anxieties regarding small changes to the skin and moles that occur between appointments could be better managed due to perceived additional surveillance:
say youre 1A and then finding a lymph node enlarged. That might happen in a second because you might find it and your mind does this massive jump, whereas if you were being monitored youd have a bit of logic. Youd be able to think well, I was monitored however long ago, this could be something else. I think it would just add a kind of reassurance that more than you poking and prodding your own body around. (Louise, 47, stage 1a, diagnosed in 2019)
The majority of participants viewed having regular blood tests for ctDNA monitoring could be useful as an early detection measure for relapse. Although the thought of relapse was difficult to consider, participants felt that a ctDNA test would provide them with the best opportunity to catch recurrence early before presentation with symptoms or radiological detection:
if it can detect something that mightthat wouldnt necessarily get picked up because obviously melanoma travels in the blood and unless youve got something, I dont know, maybe a mole or a lump, or something like that, you would never know until that. But obviously if this could pick that up beforehand then I think it would be a good thing. (Rebecca, 49, stage 1a, diagnosed in 2015)
In addition due to the radiation risks associated with computerising tomography (CT) scans, regular blood tests were deemed more favourable for some participants:
I think a blood test would be better than a scan, in levels of progression you would get your skin check, your blood check and then a scan would be the next step after that Id say. So it saves you having to have unnecessary exposure to radiation and things like that, which obviously is another cause of cancers. (Cathy, 34, stage 1a, diagnosed in 2019)
However, not all participants agreed that early treatment following the detection of ctDNA was appropriate, as a minority questioned whether treatment should be provided only after evidence of a tumour has been found via a CT scan, as they believed treatment prior to the identification of mass could be unnecessary:
Its hard, isnt it, because I think if youve actually got cancer and its there and you know its there, you want to do everything you can to get rid of it, dont you? [] But if its not actually come yet, do you really want treatment that could make you ill? (Jean, 63, stage 1a, diagnosed in 2017)
For the reassurance it would provide a number of participants explained that they would be happy to receive a ctDNA test for the rest of their lives, especially if the frequency of the blood test was manageable:
So if it was every few months, every three months or longer then Id probably be happy for it to go on for longer or indefinitely if need be. (Eric, 39, Stage 2a, diagnosed in 2018)
However, they understood that this might not be possible due to NHS funding, as well as the scientific rationale that the risk of recurrence decreases over time. For ctDNA monitoring to add the most value to patients, the majority explained that monitoring should be more frequent closer to diagnosis and reduced as the risk decreases, identifying a need for a risk-stratified approach:
I suppose it would depend how far after your diagnosis you were and what your dermatologist said were your chances of it recurring. So possibly the same as skin checks where its more frequent in the beginning and maybe spaces out as you get further away from it. (Louise, 47, stage 1a, diagnosed in 2019)
They described that three monthly for three years and 6 monthly for 2 years would be ideal as it would fit in with the existing care structure for stage two patients in the UK. Despite this ideal timeline, all participants stressed the importance of identifying ctDNA in the blood at the earliest opportunity. They, therefore, explained that if ctDNA can be identified earlier or later than three months then the frequency of blood tests should reflect this:
So it would depend on, I guess, the evidence for how likely you would expect to see changes. So if its once a year, six months, three months, I would say yes to whatever people gave me because it sounds like a preventable strategy kind of thing. (Yvonne, 47, stage 1b, diagnosed in 2019)
All participants described waiting and receiving test results as anxiety-provoking regardless of the outcome. They felt that being informed as to when to expect their ctDNA test results would improve anxiety. Notification of a negative test result would provide them with the reassurance to move on with life between tests. A positive test result, although worrying was viewed as an opportunity to access treatment early and receive better health outcomes.
All participants described waiting for test results as an anxious time and a result for a ctDNA blood test would be no exception. Participants identified that until results were received, there is constant speculation about the outcome, with some not being able to relax during the waiting period:
once you have a test for something youve always got it in the back of your mind until the results come in, so I wouldnt be totally on edge all the time, but it would be in [the] back of my head all the time. (Vanessa, 57, stage 2b, diagnosed in 2018)
With result anxiety in mind the majority of participants cited under two weeks as an appropriate time to receive notification of results. Others explained that waiting for their blood test result would depend on laboratory turnaround times in processing blood samples. However, no matter how long results would take, all participants explained that they would require notification of when to expect their results enabling them to manage their anxiety:
if they dont know what timeframe its going to be expected in, some peoples anxiety levels may be really, really high, straight from the off [] Whereas, if they know its not going to be expected for two weeks, a month, then they can at least get on with their lives, and not have it right at the forefront of their thoughts all the time. (Sam, 53, stage 1b, diagnosed in 2015).
Yet some identified that after attending for multiple blood tests receiving results would become routine and less worrying over time:
I dont think I would be particularly thinking about results coming through. I can imagine Id forget about it really over time and a letter or whatever it is would arrive every two months and I wouldnt be anticipating receiving it or anything like that. (Eric, 39, stage 2a, diagnosed in 2018).
When they considered how it would feel to receive ctDNA results, all participants said that they would be happy and trust their result if it were negative. All participants explained that they would want to be notified of a negative test result, as lack of notification would be unacceptable. They argued that they would not accept no news is good news but would instead worry and speculate about their result, with some being prepared to call services directly for confirmation:
I think, if I wasnt notified, Id be wondering if the letter is stuck in the post or if theres some problem at the hospital notifying, or there was an admin error. To have a negative result is much better than to be told if youre positive because it stops you worrying - I just want to check that that was okay and its just that you havent sent it out or I think I, personally, would still ring up about a few weeks later to say just want to check what results are on the file or Id bother my GP for it. (Gill, 51, stage 1a, diagnosed in 2019.)
Participants explained that a simple letter or text message notifying them of a negative result would provide them with peace of mind before their next appointment. Knowledge of a negative test result for ctDNA was viewed as something that could enable patients to move on with their lives between tests, providing them with time to enjoy life and worry less. Specifically, one participant explained that consistent notifications of negative test results would improve their state of mind regarding a potential relapse:
I think as well, the more times that happened [receiving a negative test result], so the further into those five years I got, I would become more and more reassured. You know, at three years, at four years, Id start to be probably quite optimistic. Because, again, I know that most melanoma reoccurs within the first two years. And I know that if you get to five years, you know, its quite a Its a very positive milestone (Graeme, 34, stage 2a, 2021)
However for a minority, the thought of there is always next time would be difficult to ignore, meaning any reassurance gained from a negative test result would be temporary. For example, one participant explained that the level of reassurance a negative test result would provide would depend on when the test was taken during their follow-up, with a negative ctDNA result at the beginning of monitoring being less significant than one received towards the end of follow-up:
I think it depends how long after youve been diagnosed that the test takes place, you know, where you are on your long term journey I suppose. If its, you know, a few months after I think youd be waiting for the next test for something, you know, youd be expecting something else to be happening next time in terms of spread. (Steph, 52, stage 2a, diagnosed in 2018)
Participants explained that a positive ctDNA blood test result would provide them with a chance to be treated early. Although a positive test result is not good news, they would be grateful that relapse was identified before cancer had time to progress and present visually:
Well, obviously thats [a positive result] going to cause a bit more anxiety, isnt it? But also at the same time there could be a bit of a relief there, you know, that its actually been caught rather than it not being picked up. So it can work either way, really. For me, if it was positive, Id rather know. That theres something going on, and maybe we can do something about it. (Jean, 63, stage 1a, diagnosed in 2017)
The majority of participants explained that they would soon deal with the initial shock of a positive test result and instead would concentrate their minds on what needed to be done to reduce the chances of cancer progressing:
Well, the first word that came to my mind was devastated, gutted. But, Id be like, right, okay, its been caught, before it can hopefully get anywhere, like if youre in regular testing? Id think, right, its been caught early, what are we going to do about it? (Cathy, 34, stage 1a, diagnosed in 2019)
As the majority would want to immediately know their management plan, they suggested that information material, such as leaflets and result letters state clearly what a positive test result would mean. Should a positive test result be delivered by letter, participants stressed the importance of having the opportunity to speak with a healthcare professional or have an appointment automatically arranged. Others believed that a positive test result and notification of needing treatment should be delivered in person to enable the patient to ask questions and be provided with the space and time they need to process the information with a healthcare professional present.
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Circulating tumour DNA monitoring and early treatment for relapse: views from patients with early-stage melanoma | British Journal of Cancer -...
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We Think ResMed (NYSE:RMD) Might Have The DNA Of A Multi-Bagger – Simply Wall St
Posted: at 8:26 pm
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. With that in mind, the ROCE of ResMed (NYSE:RMD) looks great, so lets see what the trend can tell us.
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for ResMed, this is the formula:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) (Total Assets - Current Liabilities)
0.24 = US$976m (US$4.7b - US$621m) (Based on the trailing twelve months to December 2021).
Thus, ResMed has an ROCE of 24%. In absolute terms that's a great return and it's even better than the Medical Equipment industry average of 8.2%.
View our latest analysis for ResMed
Above you can see how the current ROCE for ResMed compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company.
ResMed is displaying some positive trends. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 24%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 56%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers.
To sum it up, ResMed has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has returned a staggering 285% to shareholders over the last five years, it looks like investors are recognizing these changes. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence.
On a final note, we've found 1 warning sign for ResMed that we think you should be aware of.
High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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We Think ResMed (NYSE:RMD) Might Have The DNA Of A Multi-Bagger - Simply Wall St
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Husqvarna Group’s 2021 Sustainovate report – Electrification and innovation drives industry shift to a low-carbon, resource-smart economy – PR…
Posted: at 8:25 pm
STOCKHOLM, March 17, 2022 /PRNewswire/ -- Husqvarna Group Sustainovate Progress Report is now available. Sustainovate is the Group's way of combining its passion for sustainability with its innovation capability. Sustainability is at the center and fully integrated into the Husqvarna Group strategy and business.
"Electrification encapsulates our ambition to lead the industry transition into low-carbon, resource-smart solutions. Through innovation, collaboration and driving the transition together with our customers we can really make a difference and contribute to the goal of limiting temperature rise to 1.5 C", says Henric Andersson, CEO and President of Husqvarna Group.
Growing the market for electrified products is key for the Group's aspiration to reduce absolute CO2 emissions and empower its customers and consumers to make more sustainable choices since about 90% of the CO2 footprint relates to products in use. During the year the Group raised its ambitions for electrification to reach 67% of (motorized) sales within five years including double the sales of robotic mowers.
Sustainovate 2025 encompasses three main opportunities Carbon, Circular and People. Some of the year's highlights:
Carbon: The group has achieved a -27% reduction in CO2 emissions since 2015 and stays committed to reducing another 8% over the next four years to reach the target of 35% by 2025. Two key battery solutions were launched, the CEORA professional robotic mower and K 1 PACE power cutter, marking the start of electrification in two professional segments ultimately making it easier for customers to make more sustainable choices.
Circular: The Group stays on track to achieve the target of launching 50 circular innovations before 2025. This year, the Group launched two circular innovations and nine are under consideration. EcoLine Gardena Division's range of garden tools made with recyclable material received the German Sustainability Reward for sustainable products.
People: By 2025 the Group will have empowered 5 million customers and colleagues to make sustainable choices. This will be achieved through partnerships, learning from others and engaging in issues with an opportunity to affect change.
The Sustainovate Progress Report is available at:https://husqvarnagroup.com/sites/default/files/2022-03/Sustainovate_report_2021_FINAL.pdf
For additional information, contactCalle Medin, VP Sustainability: [emailprotected]
About SustainovateSustainovate is Husqvarna Group's strategic approach to driving sustainability transformation in its industry. The Group aims to pioneer solutions for step-change efficiency and smarter use of resources. The five-year framework covers three opportunities and associated targets to 2025. This goal-based approach focuses on long-term value creation and engaging others in Group efforts. For more information visit: http://www.husqvarnagroup.com/sustainability
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House Committee Holds Hearing on Bioenergy RD&D – The National Law Review
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On March 16, 2022, the House Science, Space, and Technology Subcommittee on Energy held a hearing on Bioenergy Research and Development for the Fuels and Chemicals of Tomorrow. According to thehearing charter, the purpose of the hearing was to examine the status of bioenergy research, development, and demonstration (RD&D) activities carried out by the U.S. Department of Energy (DOE). The hearing also considered advancements in bioenergy research and the potential role of this resource in a cleaner energy transition. Lastly, the hearing was intended to help inform future legislation to support and guide the United States bioenergy RD&D enterprise. Witnesses included:
Dr. Jonathan Male, Chief Scientist for Energy Processes and Materials, Pacific Northwest National Laboratory (PNNL);
Dr. Andrew Leakey, Director of the Center for Advanced Bioenergy and Bioproducts Innovation at the University of Illinois Urbana-Champaign;
Dr. Laurel Harmon, Vice President of Government Affairs, LanzaTech; and
Dr. Eric Hegg, Professor, Biochemistry and Molecular Biology, Michigan State University.
In his oral andwritten testimony, Male made the following three points about the state of research:
The U.S. must expand its understanding of real-life biomass feedstocks -- the raw materials to be manipulated through various technologies to create bioenergy and bioproducts -- to apply successfully emerging science and technology at the scales required to meet carbon-reduction goals;
The United States has a great opportunity to turn current waste carbon streams, from municipal solid waste and landfill gases to used carbon fiber, into tomorrows carbon resources by expanding its RD&D agenda to increase efforts on these important potential biomass feedstocks; and
Bioenergy and bioproducts can and should play a critical role in reducing carbon emissions, particularly in sectors of the economy that are difficult to electrify, including aviation, maritime, and industry.
Leakeytestifiedabout the need for next-generation bioenergy and bioproducts as part of a decarbonized economy. According to Leakey, there is enormous potential to produce abundant supplies of renewable bioenergy and bioproducts from plant biomass, which would:
Develop a more just economy in which additional individuals and communities would receive economic benefit from the production of fuels and chemicals, including in rural areas;
Reduce reliance on foreign sources of energy and improve resilience in the face of international conflicts or natural disasters;
Support farming communities in developing a more diverse, sustainable, and resilient agricultural system; and
Counteract the progression of climate change.
In hertestimony, Harmon emphasized that DOEs RD&D programs should be technology- and feedstock-agnostic to advance all technically and economically viable pathways to produce chemicals and fuels. According to Harmon, DOE funding is needed not just for research and development but also for demonstration and deployment to ensure that plants are built and that they are built, to the extent possible, in underserved and/or economically depressed locations. Harmon suggested that the bioenergy concept be expanded to chemicals and materials that require carbon and are currently made from petroleum. Harmon stated that DOE also needs support for the staff and the systems that will enable it to accelerate the selection of these projects.
Heggtestifiedthat a potential growth area is increased coordination among the agencies under the purview of the House Science, Space, and Technology Committee, including DOE and the National Science Foundation (NSF). Hegg suggested that [t]his coordination could be especially powerful if expanded to include other federal agencies that fund bioenergy related research, including the [U.S. Department of Agriculture (USDA)].
The witnesses highlighted how bioenergy and bioproducts have the potential to reduce carbon emissions significantly and counteract the progression of climate change. Expanding DOE funding for RD&D would help ensure that underserved, economically depressed, and rural areas receive economic benefit from the production of biofuels and biochemicals. As reported in our January 24, 2022,blog item, the U.S. Environmental Protection Agency (EPA) announced a new effort under the Toxic Substances Control Act (TSCA) to streamline the review of new chemicals that are substitutes for petroleum-based fuels or fuel additives that use biobased or waste-derived sources to produce biofuels. Both Congressional and federal agency support for bioenergy and bioproducts are critical for building a resilient, dependable, and sustainable system that fosters innovation to develop a circular economy.
2022 Bergeson & Campbell, P.C.National Law Review, Volume XII, Number 77
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Water Authority confident in local water supply but still asks to conserve – CBS News 8
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California has experienced a historically dry January and February, with no significant storms forecast for March.
SAN DIEGO California's Department of Water Resources Friday announced that due to the ongoing statewide drought, it must reduce the State Water Project allocation to 5% of requested supplies for 2022, but San Diego County Water Authority officials said they remain confident in the region's supply.
DWR previously set the allocation at 15% but a historically dry January and February, with no significant storms forecast for March, required a reduction in the allocation to conserve available water supply, a statement from the state agency read.
"Today's announcement about reduced allocations from the State Water Project brings into focus the increasing challenges created by the megadrought," said Sandra L. Kerl, general manager of the San Diego County Water Authority. "This is an emergency felt throughout the state and we strongly support continued conservation.
"Reduced water deliveries from the State Water Project highlight how the San Diego region's conservation ethic combined with investments in drought- resilient supplies are paying off," Kerl said. "The region uses very little water from the Bay-Delta, and even with reduced allocations, the Water Authority has reliable water supplies for 2022 and beyond."
In addition to the 5% allocation, DWR will also provide any unmet critical health and safety needs of the 29 water agencies that contract to receive State Water Project supplies.
"We are experiencing climate change whiplash in real time with extreme swings between wet and dry conditions," said DWR Director Karla Nemeth. "That means adjusting quickly based on the data and the science.
WATCH RELATED: Will the rain this week in San Diego impact the drought? (Feb. 2022).
"While we had hoped for more rain and snow, DWR has been preparing for a third consecutive year of drought since October," Nemeth said. "We are continuing with a series of actions to balance the needs of endangered species, water supply conservation and water deliveries for millions of Californians."
In a letter to the State Water Contractors earlier this month, Nemeth stressed the need for proactive conservation measures now to prepare for ongoing extreme dry conditions.
DWR will make its next assessment of the State Water Project allocation following the next snow survey on April 1. A final allocation for the water year is typically announced in May or June.
The lack of significant precipitation in January and February has resulted in falling reservoir levels and reduced snowpack. As of Friday, statewide reservoir levels are about 70% of average, according to DWR figures. The statewide Sierra snowpack has fallen to 55% of average for this date, most of that snow coming from heavy snowstorms in December.
Gov. Gavin Newsom has called on all Californians to voluntarily reduce their water use by 15% with simple measures to protect water reserves.
The state is also taking action to support communities facing water supply challenges due to the ongoing drought. DWR is providing direct community assistance for drought relief projects and to communities who need it most to address water supply challenges and help build local resilience. To date, DWR has awarded more than $196 million in drought relief funding to communities throughout the state.
Locally, the water authority had tips to help with the drought.
"During this extended drought, we urge residents and businesses to use water wisely by limiting showers to five minutes, fixing indoor and outdoor water leaks, and ensuring irrigation systems are working efficiently," Kerl said. "We must continue to care for our most precious natural resource to sustain our economy and quality of life -- not just for today but for our future."
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How the Eusocial Nature of Ants Influences Their Response to Climate Change – AZoCleantech
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Climate change impacts all species on the planet in one way another, and now a group of researchers at the University of Liverpool have turned their sights towards a study on how different ant populations are impacted by and respond to a changing climate.
Image Credit: Shutterstock.com/frank60
Ants are one of the most prevalent insects on the planet, in both number and biomass, found on every continent, except for Antarctica, playing a key role in their environment.
While ants contribute to important ecological processes such as turning and aerating soil to allow water and oxygen to access the roots of plants, their reaction to a changing climate is, for the most part, unknown.
The University of Liverpool researchers have conducted a review of the existing academic literature and studies published, which largely related to the response of ants towards temperature changes.
Publishing their own findings and response in the journal Global Change Biology, the team address how eusociality could allow ants to adapt to, or even tolerate, climate change in ways that lone or isolated organisms cannot while identifying central geographic and phylogenetic hotspots of climate vulnerability and resistance.
How climate change affects ant populations and the wider impact this will have on the ecosystem is not particularly well understood. This study sheds new light on this issue. Ants are the most dominant insect in almost all ecosystems and play key roles in many ecosystem processes so any changes to their abundance and loss of some species will therefore have cascading consequences through the ecosystem.
Kate Parr, Ecologist, a University of Liverpool
Eusociality typically refers to the highest level of sociality organization. Eusocial species usually demonstrate the following characteristics: cooperativebroodcare (including care of offspring from other individuals), multiple generations within a colony of adults, and labor division into reproductive and non-reproductive groups.
Ants are extremely social insects that live in complex, organized colonies that vary in size, with a large body of non-reproductive worker ants typically serving a system that supports a smaller number of reproductive ants. There are those species that move further beneath the surface of the earth to reach lower temperatures to reproduce, while other colonies prefer warmer climes.
As solitary species must commit to a mode of survivalism in which they build their own nests, forage for food, lay eggs, etc., ant colonies do each of these tasks simultaneously, for example, in series-parallel.
It is this eusocial nature that may, in fact, allow ants to better adapt to climate change when compared to other solitary species.
Our research highlights those species and regions at risk from climate change but also those that may be capable of adapting to it. However, further research is needed in particular to better understand how ants respond to altered precipitation, CO2, or UV regimes and how this affects the wider ecosystem.
Kate Parr, Ecologist, a University of Liverpool
The team was able to determine that those species living in more tropical environments, especially in canopy/rainforest habitats, would be vulnerable to a changing climate and rising global temperatures. The team identified that future research and work should focus on these regions to better understand the impact and response of ant communities.
Minimal impacts are expected for those species that demonstrate the capacity to take advantage of their eusocial behavior to avoid increased temperatures for significant parts of their developmental and foraging activities. There could even be some benefit for some species, yet it is not known how ants will adjust to changes in precipitation, CO2 or UV regimes.
Furthermore, how various climatic changes will branch out through the complex food chain and intricate mutualistic networks of which ants are a key component are generally unknown, but the researchers expect that they could have a significantly profound influence on both ant colonies and the wider ecosystem.
As ants are ectothermic - they do not generate their own internal heat - they are reliable on and vulnerable to outside temperatures and climate change.
Therefore, the University of Liverpool researchers also suggest further investigations into the wider impact and contributions the eusociality of different ant species make to their surrounding habitat and ecosystem.
Parr, C. and Bishop, T., (2022) The response of ants to climate change.Global Change Biology, [online] Available at: https://onlinelibrary.wiley.com/doi/10.1111/gcb.16140
News. (2022)Social nature of ants provides protection from climate change - University of Liverpool News. [online] Available at: https://news.liverpool.ac.uk/2022/03/11/social-nature-of-ants-provides-protection-from-climate-change/
Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.
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13 Things to do in Las Vegas this week: March 18-24 – KTNV 13 Action News Las Vegas
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LAS VEGAS (KTNV) Between St. Patrick's Day celebrations and March Madness bracket parties, there's no shortage of things to do in Las Vegas this week even for those who'd prefer to stay out of the sports and St. Paddy's Day fray. Here are 13 things happening in town:
St. Baldrick's Day head-shaving at New York-New York The St. Baldrick's Foundation brings the community together in the crusade against childhood cancer with its 13th annual head-shaving event. Throughout the day, some of the citys most celebrated names in entertainment will take the stage to serve as celebrity head-shavers for those bold enough to brave the shave for the St. Baldrick's Foundation. Morning Blend host JJ Snyder will be there to emcee at 11 a.m. on Saturday.
New Nacho Daddy celebrates grand opening weekendNacho Daddy, the popular Las Vegas restaurant, returns to its Henderson roots with the grand opening of a new location on St. Rose Pkwy. Nacho-lovers from Silverado Ranch to Inspirada can now enjoy the unique nacho collisions, vegan options, flaming fajitas and award-winning margaritas Nacho Daddy has to offer, much closer to home.
Vegas Knight Hawks debut game at Dollar Loan Center Las Vegas' newest professional sports team, the Vegas Knight Hawks, play their first game in franchise history at the new Dollar Loan Center in Henderson.
Said the Sky at Craig Ranch Amphitheater Playing piano and various instruments since the age of eight, Colorado native Trevor Christensen is coming forward with a fresh perspective on music. Bringing a melodic background and technical training into his work, he is able to capture everything beautiful in what people know as electronic dance music (EDM).
Grand opening and cookie-eating contest at Pucks Cookies & Treats A new, hockey-inspired treat shop opens at The District at Green Valley Ranch on Friday, with additional festivities and a cookie-eating contest on Saturday. There will be a live DJ, roller dancer and other entertainers, and giveaways.
Ladies' night bar crawl at CircaDowntown Las Vegas' adults-only hot spot is offering a ladies-only bar hop with stops at Stadium Swim, Legacy Club, Vegas Vickie's and Overhang Bar. Bar crawl reservations include drink tickets for all four locations, which you can visit in any order you want.
Raider Image tent sale at Allegiant Stadium Get some of the "best savings of the year" on officially licensed Las Vegas Raiders gear and merchandise with a three-day tent sale on the grounds of Allegiant Stadium. Select from more than 20,000 units of Raiders gear, including some exclusive merchandise, at discounts of up to 60% off.
Waka Flocka Flame at Daylight Beach Club This week, LIT Sundays at Daylight Beach Club features rapper and hip-hop artist Waka Flocka Flame, with support from local DJ Maria Romano.
Market in the Alley at Fergusons Downtown Shop from more than 70 local businesses and creators at the monthly market hosted by Fergusons Downtown and Market in the Alley. From candles and home goods to vintage clothing and jewelry, plus art and food, there's something for everyone.
Limited-time menu pairing at Saffron, The Vegetarian Eatery to benefit non-profit Chai Lai OrchidSaffron, The Vegetarian Eatery in Las Vegas' Chinatown announced a fundraising initiative in support of the Chai Lai Orchid, an elephant sanctuary that combats exploitation and trafficking by providing homes, education and employment to marginalized women. Restaurant owners will donate 100% of the proceeds from this limited-time menu pairing to the non-profit organization. The Chai Lai Orchid menu pairing includes Chai Lai Money Bags and the Blue Elephant martini.
Kabir Singh at L.A. Comedy Club Kabir Kabeezy Singh is the headliner at L.A. Comedy Club inside The STRAT Hotel, Casino & SkyPod from March 21 through March 27. Singh was a semi-finalist on "America's Got Talent" and has almost a decade of experience as a touring headliner, with his stand-up airing on The Starz Network, FOX, and Comedy Central.
New trivia nights at Tailgate SocialGroups of up to eight people have the chance to win prizes ranging from free pitchers of beer to Vegas Golden Knights tickets, every Thursday at Tailgate Social. The classic categories include sports, music, history and pop culture.
Order a cocktail for a cause at Kassi Beach House Kassi Beach House is celebrating Women's History Month with a signature cocktail: the Notorious RBG, made with Empress Gin, blackberry, sage and lime. Ten percent of the proceeds from each cocktail sold will be donated to The Shade Tree, a women's and children's shelter in Las Vegas.
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