Storing carbon through tree planting, preservation costs more than researchers thought

Dec. 1 (UPI) — Planting trees and protecting forests are two of the myriad strategies for keeping carbon out of the atmosphere.

Of all the options, they’re considered the most eco-friendly, or greenest, but new research suggests planting and protecting trees does come with costs — and those costs are quite a bit larger than has been previously estimated.

According to a new study, published Tuesday in the journal Nature Communications, planting trees and conserving forests could reduce carbon dioxide emissions by as much 6 gigatons a year between 2025 and 2055.

Researchers calculated the reductions would come with an annual price tag of $393 billion.

“There is a significant amount of carbon that can be sequestered through forests, but these costs aren’t zero,” study co-author Brent Sohngen, professor of environmental economics at the Ohio State University, said in a news release.

According to Sohngen and his colleagues, previous studies

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Zoom’s surging free user base dents margins as cloud costs rise

(Reuters) — Zoom warned on Monday that its gross margins would remain under pressure going into 2021 as the surging number of free users of its video conferencing service makes it hard to offset a spike in costs to maintain its growth.

Shares of the company, which have risen about sevenfold this year, fueled by the meteoric rise in demand for video conferencing for work, school, and socializing due to the COVID-19 pandemic, fell 5% after the bell, despite upbeat fourth-quarter forecasts.

Zoom operates some of its own datacenters, but it also relies on cloud computing services from outside vendors such as Amazon and Oracle, meaning it must bear costs for free users.

Those bills, driven in part by a jump in free users in the third quarter as millions of students and teachers started new school semesters, pushed Zoom’s gross profit margins down to 66.7%, below analysts’

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Tech elites are making moves out of San Francisco as they rethink the area’s costs, political climate, and safety

Hello everyone! Welcome to this weekly roundup of Business Insider stories from co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.

Read on for more on the future of Silicon Valley, a private-equity titan’s relationship with a Texas investor embroiled in a political scandal, and the rise and fall of the world’s oldest advertising agency.



map: Samantha Lee/Business Insider


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Tony Hsieh, the former CEO of shoes and clothes retailer Zappos, has died at age 46 following injuries sustained in a fire. 

Hsieh (pronounced shay) retired from Zappos in August after 20 years with the company, staying on long after he sold the company to Amazon for $1.2 billion in 2009. He was widely known for his efforts to regenerate the downtown Las Vegas area, and for his commitment to holacracy, a manager-free operating structure. 

Zappos’ current CEO,

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Outlook on the Liquid Biopsy Global Market to 2025 – Aging Population and Lower Costs are Driving Growth

The MarketWatch News Department was not involved in the creation of this content.

Dublin, Nov 23, 2020 (GLOBE NEWSWIRE via COMTEX) —
Dublin, Nov. 23, 2020 (GLOBE NEWSWIRE) — The “Liquid Biopsy Markets by Cancer Type and by Usage Type with Impact of COVID-19 Pandemic. Including Executive and Consultant Guides and Customized Forecasting and Analysis 2021-2025” report has been added to ResearchAndMarkets.com’s offering.

The Screening, Diagnostic, Therapy Selection, Recurrence Monitoring and Screening Market Potential are all explored in this report. What is the impact of the COVID-19 pandemic on the Liquid Biopsy market? This report provides a detailed analysis.

Circulating Tumor Cells? Cell-Free DNA? Exosomes? Find out about the technology in readily understood terms that explain the jargon. Find the opportunities and pitfalls. Understand growth expectations and the ultimate potential market size.

A revolution in cancer diagnostics is occurring using in vitro blood testing to identify cancer DNA. The technology

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British companies risk billions in new costs if EU blocks data sharing deal

British companies risk being hit with £1.6bn in new costs if Brexit negotiators fail to strike a deal over data standards, researchers have warned.

A report from the New Economics Foundation and UCL European Institute released today said that British companies were facing steep new legal fees if the EU decided that post-Brexit UK data standards were not adequate and halted data flows between the two regions. 

Organisations including banks, technology companies and insurance firms currently transfer data, such as personal information or financial details, between the EU and UK so that they can process it. 

After the Brexit transition period comes to an end, the UK will no longer be included under the EU data protection regime, and will require a separate “data adequacy agreement” to allow information to continue to pass to and from the bloc.

If such a deal is not agreed, companies could be forced to

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U.S. should look at how other high-income countries regulate health care costs, experts urge — ScienceDaily

Structuring negotiations between insurers and providers, standardizing fee-for-service payments and negotiating prices can lower the United States’ health care spending by slowing the rate at which healthcare prices increase, according to a Rutgers study.

The study, published in the journal Health Affairs, examined how other high-income countries that use a fee-for-service model regulate health care costs.

Although the United States has the highest health care prices in the world, the specific mechanisms commonly used by other countries to set and update prices are often overlooked. In most countries with universal health insurance, physicians are paid on a fee-for-service basis, yet health care prices there are lower than in the U.S. To lower health care spending, American policymakers have focused on eliminating fee-for-service reimbursement, which provides an incentive for performing additional services rather than setting up price negotiations to address the main factor that drives health care spending.

U.S. policy

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GM: New batteries cut electric car costs, increase range

General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those powered by gasoline within five years

DETROIT — General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those powered by gasoline within five years. The technology also will increase the range per charge to as much as 450 miles.

The company’s product development chief promised a small electric SUV that will cost less than $30,000 and pledged to roll out 30 battery-powered models worldwide by 2025. Nearly all current electric vehicles cost more than $30,000.

The announcement Thursday shows how fast electric vehicle technology is evolving and how it may become the primary fuel for

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Service NSW expecting cyber attack to set it back AU$7m in legal and investigation costs

Service NSW, the New South Wales government’s one-stop shop for service delivery, in April 2020 experienced a cyber attack that compromised the information of 186,000 customers.

Following a four-month investigation that began in April, Service NSW said it identified that 738GB of data, which comprised of 3.8 million documents, was stolen from 47 staff email accounts.

Service NSW assured, however, there was no evidence that individual MyService NSW account data or Service NSW databases were compromised during the attack.

“This rigorous first step surfaced about 500,000 documents which referenced personal information,” Service NSW CEO Damon Rees said in September. “The data is made up of documents such as handwritten notes and forms, scans, and records of transaction applications.”

In delivering its 2020-21 Budget on Tuesday, the government revealed the legal and investigative cost it is expected to incur from the attack.

“In April 2020, Service NSW alerted police and authorities

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New method could potentially reduce dioxide emission into the atmosphere and slash costs of chemical manufacturing — ScienceDaily

Researchers at the National Institute of Standards and Technology (NIST) and their colleagues have demonstrated a room-temperature method that could significantly reduce carbon dioxide levels in fossil-fuel power plant exhaust, one of the main sources of carbon emissions in the atmosphere.

Although the researchers demonstrated this method in a small-scale, highly controlled environment with dimensions of just nanometers (billionths of a meter), they have already come up with concepts for scaling up the method and making it practical for real-world applications.

In addition to offering a potential new way of mitigating the effects of climate change, the chemical process employed by the scientists also could reduce costs and energy requirements for producing liquid hydrocarbons and other chemicals used by industry. That’s because the method’s byproducts include the building blocks for synthesizing methane, ethanol and other carbon-based compounds used in industrial processing.

The team tapped a novel energy source from the

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Amazon forecasts jump in holiday sales – and pandemic costs

(Reuters) – Amazon.com Inc AMZN.O on Thursday reported record profit for the second consecutive quarter and forecast a jump in holiday sales, as consumers continued to shop more online during the novel coronavirus pandemic.

FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, November 5, 2019. REUTERS/Pascal Rossignol/File Photo

Shares initially rose 2% in after-hours trading and then turned lower by 1% as the company forecast $4 billion in COVID-19 related costs for the current period and operating income below Wall Street’s expectations.

Since the start of the virus outbreak in the United States eight months ago, consumers have turned increasingly to Amazon for delivery of groceries, home goods and medical supplies. Brick-and-mortar shops closed their doors; Amazon by contrast moved to recruit over 400,000 more workers and earned $6.3 billion in the just-ended third quarter, the most in its 26-year history.

That

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