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UN climate talks extended as island countries demand action

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Weary officials from almost 200 countries faced another day of negotiations at United Nations climate talks to bridge their last remaining differences as small island countries on Friday demanded an ambitious stance against global warming.

The talks in Poland were supposed to end Friday but Michal Kurtyka, a senior Polish official chairing the negotiations, told delegates they would resume talks on a revised draft text at 4 a.m. Saturday.

“All parties, with the support of the presidency, are working very hard right now in order to solve outstanding issues and in order to find the balanced package here in Katowice,” Kurtyka told reporters.

After two weeks of talks in the southern Polish city, diplomats have come closer to agreeing on the rules that govern the 2015 Paris climate accord. These include how countries should transparently report both their greenhouse gases emissions and their efforts to reduce them.

Scientists say global emissions need to drop dramatically by 2030 and reach near-zero by 2050 in order to prevent the potentially catastrophic consequences for life on Earth.

A recent report by the Intergovernmental Panel on Climate Change concluded that it’s possible to cap global warming at 1.5 C higher by the end of the century compared to pre-industrial times. That’s the lower end of the 1.5 to 2 C scale mentioned in the Paris accord.

But this would require a drastic overhaul of the global economy, including ending the use of almost all fossil fuels.

The United States, Russia, Saudi Arabia and Kuwait have refused to “welcome” the IPCC report, angering other countries and environmentalists.

Emerging, industrialized economies clash

Former Maldives president Mohamed Nasheed warned that countries such as his, which consider themselves on the front lines of global warming, would veto the current draft because it lacks a clear commitment to the 1.5 C target.

“If necessary, we will rebel against the negotiations,” Nasheed told reporters.

Another issue haunting negotiators is the rules for an international market in carbon credits.

Participants take part in a plenary session, during what was supposed to be the final day of the climate conference. (Kacper Pempel/Reuters)

The clash pits emerging economies such as Brazil — which amassed large piles of carbon credits under the 1997 Kyoto treaty’s rules — against industrial countries such as those in the European Union, which believe the older credits aren’t worth the paper they were printed on.

Economists believe a functioning carbon trading system could be an effective way to drive down emissions and raise large amounts of money for measures to curb global warming.

Alex Hanafi, lead counsel at the New York-based Environmental Defense Fund, said Brazil was trying to weaken the rules in such a way that would allow countries to count their emissions reductions twice, undermining the carbon markets.

“This loophole needs to be closed so zombie credits from the old [Kyoto] Clean Development Mechanism cannot infect the climate integrity of the Paris Agreement,” he said.

Brazil’s delegation rejected the claim.

“Brazil is currently working with other parties on a bridging proposal,” said the country’s chief negotiator, Antonio Marcondes.

Trump defends pulling out of Paris accord

Aid for poor countries — and whether they could benefit from a levy on the carbon market — is another key issue at the talks.

Poor countries insist they should get financial support not just to lower emissions and adapt to climate change, but also to make up for the global warming damages that have already occurred, largely because of emissions from industrial nations.

U.S. President Donald Trump on Thursday waded into the debate over the costs of tackling climate change, telling Fox News that if he had remained in the Paris climate accord the U.S. “would be paying trillions of dollars, trillions of dollars for nothing, and I wouldn’t do that.”

Trump announced last year that the U.S. is pulling out of the Paris climate accord unless he can get a better deal — a possibility that others such as the EU and China have dismissed.

Germany’s environment minister said the failure to curb climate change would cost the world a lot more than the trillions Trump claims that he’s saving.

A group of participants leaves before the end of the final session of the summit on Friday. The Katowice summit is the biggest UN climate conference since the Paris climate accord was reached in 2015. (Czarek Sokolowski/Associated Press)

“If we let entire stretches of this planet become uninhabitable, then it will trigger gigantic costs,” Schulze told reporters, adding that developing technology to lower emissions would give Germany a competitive economic advantage.

With climate delegates hoping to clinch a deal on Saturday, they were able to agree on one thing Friday: that next year’s climate talks will be held in Chile.

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The ‘Maple Majestic’ wants to be Canada’s homegrown Tesla

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Look out Tesla, Canada has a homegrown electric sedan on the way. Well, that’s if AK International Motor Corporation can drum up enough investment to make its EV a reality. Dubbed the “Maple Majestic,” the vehicle is a battery-electric designed to “excel in extreme climate performance without adversely affecting the climate, as befits a vehicle from Canada,” according to its website.

What’s in a name? — The company says the maple leaf is a “symbol of Canada’s warmth and friendliness towards all cultures,” while “majestic” refers to the country’s “status as a Constitutional Monarchy.”

That patriotism carries over into Maple Majestic’s parent company’s lofty goals. AK Motor founder Arkadiusz Kaminski says he wants the company, which he founded in 2012, to become “Canada’s first multi-brand automotive OEM,” and that the “Maple Majestic is intended to be Canada’s flagship brand of automobiles on the world stage.”

Partnerships are key — “We acknowledge that the best chance for the Maple Majestic brand to succeed, lies in continuing to build the relationship with Canada’s parts suppliers and technological innovators, whether they be academic institutions, corporations, or individual inventors,” the company explains. “We are currently seeking partners in automotive engineering, parts manufacturing, automotive assembly, electric propulsion technology, battery technology, autonomous technology, and hybrid power generation technology.”

In other words, don’t expect to be able to buy a Maple Majestic any time soon… and don’t expect to pour over 0-60 mph times, power output, range, or other key stats, because those don’t currently exist. For now, all we have are pictures and a short video clip. But at least those are arresting.

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PE-backed Quorum Software to merge with Canadian energy tech firm

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Houston-based energy technology company Quorum Software will merge with a Canadian tech firm to bolster its presence in oil and gas services.

Quorum announced Feb. 15 it plans to merge with Calgary, Alberta-based Aucerna, a global provider of planning, execution and reserves software for the energy sector. The combined firm will operate under the Quorum Software brand.

Gene Austin, CEO of Quorum Software, will continue in his capacity as chief executive of the combined firm. Austin, former CEO of Austin-based marketing tech firm Bazaarvoice Inc., became CEO of Quorum in December 2018.

Aucerna co-founder and CEO Wayne Sim will be appointed to the Quorum Software board of directors. Both companies are backed by San Francisco- and Chicago-based private equity firm Thoma Bravo.

“Over the last 20 years, Quorum has become the leading innovator of software deployed by North American energy companies,” said Austin. “Today, Quorum is expanding the scope of our technology and expertise to all energy-producing regions of the globe. Customers everywhere will have access to a cloud technology ecosystem that connects decision-ready data from operations to the boardroom.”

In addition to the merger announcement, Quorum Software announced it had entered into an agreement with Finnish IT firm TietoEvry to purchase TietoEvry’s entire oil and gas business. The agreement, which includes hydrocarbon management, personnel and material logistics software and related services, is valued at 155 million euros, or $188 million, according to a statement from TietoEvry.

“Our three organizations complement each other — from the software that our great people design to the energy markets where we operate,” said Sim. “Our new company will be able to deliver value to our stakeholders, while accelerating the growth of our combined business and the energy industry’s software transformation.”

The combined company will serve over 1,800 energy companies in 55 countries, according to the announcement. With its headquarters in Houston, Quorum will continue to have a significant presence in Calgary and in Norway, the headquarters for TietoEvry’s oil and gas software business. Quorum will have other offices throughout North America, Latin America, Europe, Asia and the Middle East.

As of Sept. 30, 2020, private equity firm Thoma Bravo had more than $73 billion in assets under management. In late December 2020, Thoma Bravo agreed to acquire Richardson, Texas-based tech firm RealPage in a roughly $10 billion acquisition.

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Piece of Kitchener technology lands on Mars on Perseverance rover

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KITCHENER — A piece of Kitchener technology has landed on Mars, thanks to NASA’s Perseverance rover.

The rover settled on the planet’s surface on Thursday afternoon. It’s been travelling through space since it was launched from Cape Canaveral, Fla. in July.

“The whole idea of being on a device that we’re sending to another plant with the express mission of looking for traces of past life, it’s pretty mind boggling actually,” said Rafal Pawluczyk, chief technical officer for FiberTech Optica.

The Kitchener-based company made fibre optic cables for the rover’s SuperCam that will examine samples with a camera, laser and spectrometers.

“The cables that we built take the light from that multiplexer and deliver it to each spectrograph,” Pawluczyk said.

The cables connect a device on the rover to the SuperCam, which will be used to examine rock and soil samples, to spectrometers. They’ll relay information from one device to another.

The project started four years ago with a connection to Los Alamos National Lab, where the instruments connected to the cables were developed.

“We could actually demonstrate we can design something that will meet their really hard engineering requirements,” Pawluczyk said.

The Jezero Crater is where the Perseverance rover, with FiberTech Optica’s technology onboard, landed Thursday. Scientists believe it was once flooded with water and is the best bet for finding any evidence of life. FiberTech’s cables will help that in that search.

Ioannis Haranas, an astrophysicist and professor at Wilfrid Laurier University, said the rover isn’t looking for “green men.”

“They’re looking for microbial, single-cell life, any type of fossils and stuff like that,” Haranas said. “That’s why they chose a special landing site. This could be very fertile land for that.”

“It’s very ambitious,” said Ralf Gellert, a physics professor at the University of Guelph.

Gellert helped with previous rover missions and said it’s the first time a Mars rover has landed without a piece of Guelph technology on it. While he’s not part of Perseverance’s mission, he said the possibilities are exciting.

“Every new landing site is a new piece of the puzzle that you can put together with the new results that we have from the other landing sites,” he said.

“It’s scientifically very interesting because, even though we don’t have an instrument on that rover, we can compare what the new rover Perseverance finds at this new landing site,” he said.

Now that Perseverance has landed on Mars, FiberTech is looking ahead to its next possible mission into space.

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