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Search resuls for: "Suriyapong"


5 mentions found


☆ ‘Inadvertent geoengineering’: Researchers say low-sulfur shipping rules made climate change worse
  + stars: | 2024-06-19 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +4 min
That's because the sulfur dioxide, a pollutant which forms when sulfur-containing fuel such as coal or petroleum oil is burned, reacts with water vapor to produce aerosols that reflect sunlight back into space. The aerosols have a direct cooling effect, though climate scientists note that their contribution to global cooling or warming when they are reduced remains a complex area of research. Extreme temperatures are fueled by the climate crisis, the chief driver of which is the burning of fossil fuels. All of the climate models will give you slightly different answers because of the way that they do their emissions of sulfur dioxide," Haywood said. "So, we are uncertain about how much impact the IMO regulations will have had on global mean temperatures."
Persons: Yuan, Laura Wilcox, everyone's, Jim Haywood, Haywood, You've, Jim Hansen Organizations: United Nations, International Maritime Organization, Ucg, Getty, Communications, University of Maryland, National Centre for Atmospheric Science, University of Reading, El Nino, University of Exeter, CNBC, El, NASA Locations: London, Europe, Tonga
☆ Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns to reach mainstream
  + stars: | 2024-04-29 | by ( Jonathan Keane | ) www.cnbc.com   time to read: +5 min
The voyage was a test of an autonomous ship under AUTOSHIP, an EU-funded program to develop new technologies for navigating large vessels. The consortium brought together entities from academia and industry, including Kongsberg Maritime, the Norwegian giant that has been conducting deep research and development (R&D) on autonomous shipping. The trip marked a pivotal advancement in developing autonomous technology for shipping, which still faces many hurdles before it is ready for primetime. "Uniquely for autonomous technology, the hazards are hidden for the mariner by the sea. "Learning via mistake in a cargo ship environment can be costly, it can be dangerous," said J.C. Renshaw, head of supply chain consulting at Savills North America.
Persons: Markus Laurinen, Laurinen, Ville, SHI, Denmark's DNV, Leo McLeman, McLeman, J.C, Renshaw Organizations: Kongsberg Maritime, CNBC, Kongsberg Maritime's VP, Korea's Samsung Heavy Industry, Samsung, International Maritime Organization, Hydrographic Office, Savills Locations: Norway, EU, Norwegian, Kongsberg, America, Africa
☆ Why health insurance is poised to make inflation jump
  + stars: | 2023-09-17 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +2 min
Suriyapong Thongsawang | Moment | Getty ImagesWhy health insurance inflation is hard to measureHealth insurance prices are a tricky thing for economists to quantify. Instead, the agency measures health insurance inflation indirectly based partly on health insurers' profits. It appears that health insurance prices measured in the CPI "will start rebounding" again, said Andrew Hunter, deputy chief U.S. economist at Capital Economics. How health insurance profits affect inflationEarly in the Covid-19 pandemic, health insurers' profits jumped. Why health insurance inflation mattersThe U.S. Federal Reserve raised interest rates aggressively starting early last year to rein in persistently high inflation.
Persons: Suriyapong, Andrew Hunter, Mark Zandi, Zandi, Jerome Powell Organizations: BLS, Capital Economics, Health, Moody's, Consumers, U.S . Federal Reserve, Federal Reserve, Federal
☆ Russian oil sanctions appear to be working - crude still flows even as Moscow's pulling in less money. But there's more to it than that.
  + stars: | 2023-04-27 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +5 min
I spent much of yesterday parsing through pages of data on where Russian oil is heading and how much buyers are paying for barrels. Today we're unpacking two less obvious observations about Russian oil. That said, researchers pointed out that most of the Western companies still facilitating Russian oil shipments don't actually abide by the $60-a-barrel price cap that the EU and G-7 imposed. Ships carrying Russian oil, according to Argus, indeed make a premium for doing what they do, but that premium has shrunk over the last month. In effect, the "sanctions premium" isn't what it was a month ago.
☆ A recession may be coming — here's how long it could last, according to economists
  + stars: | 2023-04-26 | by ( Annie Nova | ) www.cnbc.com   time to read: +1 min
Suriyapong Thongsawang | Moment | Getty ImagesHow long economic recessions lastIn 2021, the committee confirmed that the pandemic downturn lasted just two months, from February 2020 to April 2020, "which makes it the shortest U.S. recession on record." That economic bust was cut short by massive stimulus from the government. Federal Reserve economists are predicting that there will be a mild recession later this year, "with a recovery over the subsequent two years," according to the minutes of the Fed's March 21-22 meeting. Indeed, the longest recession in recent decades was the 2008 financial crisis, which slogged on for 18 months. Cutting rates usually helps the economy rebound from downturns.
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