Scientists Found a 'Magical' Solution to Fight Zombie Fires gizmodo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gizmodo.com Daily Mail and Mail on Sunday newspapers.
12 March 2021
New Imperial research shows a fire suppressant, when combined with water, cuts the amount of time and water needed to extinguish peat fires by 40%.
The researchers say this is a big step in tackling smouldering peat fires, which are the largest fires on Earth. They ignite very easily, are notoriously difficult to put out, and release up to 100 times more carbon into the atmosphere than flaming fires, contributing to climate change.
This magical suppressant could make it easier to put zombie fires to rest for good. Professor Guillermo Rein Department of Mechanical Engineering
The fires, known as ‘zombie fires’ for their ability to hide and smoulder underground and then reanimate as new flames days or weeks after the wildfire had been extinguished, are prevalent in regions like Southeast Asia, North America, and Siberia.
'Magical' fire suppressant kills zombie fires 40% faster than water alone miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Indonesia’s modest new sovereign wealth fund
12 February 2021
Author: Kyunghoon Kim, KCL
Indonesia is establishing a sovereign wealth fund (SWF) in the coming weeks. While details are still lacking, it seems that the entity tentatively referred to as Lembaga Pengelola Investasi (Investment Management Authority, or LPI) will not look like an ordinary SWF.
Rather than relying on commodity export earnings or balance-of-payments surpluses, the government will fund LPI through the state budget and assets. Jakarta will initially inject US$1 billion, soon followed by up to US$5 billion.
Unlike many SWFs, which generally prioritise their own financial goals, LPI’s major objective will be in stimulating national development. The fund could play an important role in relieving debt-ridden SOEs from financial pressure by acquiring their infrastructure assets. This strategy will provide room for SOEs to further expand productive investment.