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5 mentions found


☆ The world is draining its precious subterranean reserves of water
  + stars: | 2024-01-24 | by ( Katie Hunt | ) edition.cnn.com   time to read: +4 min
The authors found that groundwater levels declined between 2000 and 2022 in 71% of the 1,693 aquifer systems included in the research, with groundwater levels declining more than 0.1 meter a year in 36%, or 617, of them. Declines not universalThe study also highlighted some success stories in Bangkok, Arizona and New Mexico, where groundwater has begun to recover after interventions to better regulate water use or redirect water to replenish depleted aquifers. They found that declines in groundwater levels sped up in the first two decades of the 21st century for 30% of those aquifers, outpacing the declines recorded between 1980 and 2000. “I think it’s fair to say this global compilation of groundwater data hasn’t been done, certainly on this scale, at least to my knowledge before,” he said. “Groundwater is an incredibly important resource but one of the challenges is… because we can’t see it, it’s out of mind for most people.
Persons: ”, Debra Perrone, Scott Jasechko, Jasechko, ” Jasechko, Donald John MacAllister Organizations: CNN, University of California’s, Environmental, Bren School of Environmental Science, Management, University of California Santa, British Geological Survey Locations: India, United States, Soplamo, Spain, University of California Santa Barbara, Iran, Africa, South America, Asia, Bangkok , Arizona, New Mexico
☆ A small group of farms in California use more water than entire cities, and it's mostly going to a single crop, according to a new report
  + stars: | 2023-11-15 | by ( Maiya Focht | ) www.businessinsider.com   time to read: +5 min
An investigation from ProPublica and The Desert Sun focused on farmers' water use in California. Most of the water in the valley is used by just 20 farming families, the investigation found. A small group in Imperial Valley soaks up billions of gallonsThe winter growing season in Imperial Valley. The Imperial Valley district gets its water for free from the US Bureau of Reclamation, ProPublica reported. "Cheap water helps make growing hay in the Imperial Valley profitable," ProPublica and The Desert Sun wrote.
Persons: what's, Rafael Elias, John Harper, aren't, Biden, Troy Waters Organizations: Service, University of California, Salt Lake Tribune, Sun, Breakthrough Institute, US, of Reclamation Locations: ProPublica, California, United States, Colorado, Imperial, Imperial Valley, halbergman, Utah, Salt, Las Vegas, Hay
☆ Wall Street needs a boost from earnings. Can JPMorgan Chase run a strong first leg?
  + stars: | 2023-10-12 | by ( Krystal Hur | ) edition.cnn.com   time to read: +6 min
Analysts expect a 0.4% year-over-year decline in third-quarter earnings for companies in the S&P 500 index, according to FactSet. Analysts expect America’s biggest bank to report earnings per share of $3.90 and revenue of $39.57 billion for the third quarter, according to Refinitiv. Citigroup, Wells Fargo and BlackRock also report earnings Friday. “Our children are in crisis, and it is up to us to save them,” Hochul said, comparing social media algorithms to cigarettes and alcohol. Those who opt out would receive chronological feeds instead, like in the early days of social media.
Persons: ”, Michael Arone, Jay Hatfield, ” Hatfield, Banks, JPMorgan Chase, Jamie Dimon, Dimon, Wells, Chris Isidore, Darren Woods, Read, Kathy Hochul, Letitia James, Michael Mulgrew, Sen, Andrew Gounardes, Nily, “, ” Hochul, Athena Jones, Brian Fung Organizations: CNN Business, Bell, CNN, Investors, State Street Global Advisors, stoke, Infrastructure Capital Management, JPMorgan Chase, JPMorgan, First, Bank, Citigroup, ExxonMobil, Natural Resources, Midland Basins, New York Gov, New York, United Federation of Teachers Manhattan, New Locations: Wells Fargo, BlackRock, United States, Midland , Texas, Delaware, Midland, New York
☆ Is this extreme weather the ‘new normal?’ There’s no such thing, some scientists say
  + stars: | 2023-07-19 | by ( Laura Paddison | ) edition.cnn.com   time to read: +6 min
Just over halfway through July and already a slew of extreme weather records has been broken. Southern Europe is experiencing one of its most extreme heat waves on record, with wildfires raging in Greece, Spain and Switzerland. It’s a shifting baseline of ever-more devastating impacts as long as the Earth continues to warm.”For scientists like Mann and Cloke, this year’s extreme weather has largely not been surprising. Extreme heat could be quickly followed by heavy rainfall impacting society, agriculture, and ecosystems in unusual ways,” she told CNN. The planet is around 1.2 degrees Celsius warmer than it was before the industrial revolution – still short of the 1.5 degrees scientists are warning the planet should stay under.
Persons: Petteri Taalas, ”, Hannah Cloke, Kim Hong, Reuters Michael E, Mann, we’ve, Cloke, Brandon Bell, Peter Stott, –, ” Mann, Vikki Thompson, ” Thompson, ” Read Organizations: CNN, Southwest, World Meteorological Organization, University of Reading, Reuters, University of Pennsylvania, UK Met Office, Royal Netherlands Meteorological Institute Locations: Northern, Southwest United States, Phoenix , Arizona, Southern Europe, Greece, Spain, Switzerland, Asia, China, South Korea, Japan, India, Cheongju, Antarctica, North, Phoenix, “
☆ Buying the dip on energy stocks? Wall Street pros name their top picks
  + stars: | 2023-03-28 | by ( Zavier Ong | ) www.cnbc.com   time to read: +3 min
Energy was the second-best-performing sector of the S & P 500 last week, as investors flocked back into the stocks amid a recent dip in oil prices. Thummel also likes two energy infrastructure stocks — Cheniere Energy and Energy Transfer . He likes Viper Energy Partners , which owns a royalty portfolio of oilfield assets. "Viper Energy has one of the largest backlogs of tier-one locations in the [Permian] basin. Viper Energy is thus able to leverage improving energy prices while having "strong" downside support, according to Davolos.
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