Is the sun falling silent and dropping off in activity?

[email protected] (New York Times)
January 28, 2014

Sun_fallingJan 28: "I"ve been a solar physicist for 30 years, and I"ve never seen anything quite like this," says Richard Harrison, head of space physics at the Rutherford Appleton Laboratory in Oxfordshire. He shows me recent footage captured by spacecraft that have their sights trained on our star. The sun is revealed in exquisite detail, but its face is strangely featureless. “If you want to go back to see when the sun was this inactive ... you"ve got to go back about 100 years,” he says.

This solar lull is baffling scientists, because right now the sun should be awash with activity. It has reached its solar maximum, the point in its 11-year cycle where activity is at a peak. This giant ball of plasma should be peppered with sunspots, exploding with flares and spewing out huge clouds of charged particles into space in the form of coronal mass ejections. But apart from the odd event, like some recent solar flares, it has been very quiet. And this damp squib of a maximum follows a solar minimum - the period when the sun"s activity troughs - that was longer and lower than scientists expected.

“It"s completely taken me and many other solar scientists by surprise,” says Lucie Green, from University College London"s Mullard Space Science Laboratory. The drop off in activity is happening surprisingly quickly, and scientists are now watching closely to see if it will continue to plummet. “It could mean a very, very inactive star, it would feel like the sun is asleep ... a very dormant ball of gas at the centre of our solar system,” explains Green.

This, though, would certainly not be the first time this has happened. During the latter half of the 17th century, the sun went through an extremely quiet phase - a period called the Maunder Minimum. Historical records reveal that sunspots virtually disappeared during this time. Green says, “There is a very strong hint that the sun is acting in the same way now as it did in the run-up to the Maunder Minimum.” Mike Lockwood, professor of space environment physics, from the University of Reading, thinks there is a significant chance that the sun could become increasingly quiet. An analysis of ice cores, which hold a long-term record of solar activity, suggests the decline in activity is the fastest that has been seen in 10,000 years. “It"s an unusually rapid decline,” explains Lockwood. “We estimate that within about 40 years or so there is a 10 percent to 20 percent - nearer 20 percent - probability that we"ll be back in Maunder Minimum conditions.”

The era of solar inactivity in the 17th century coincided with a period of bitterly cold winters in Europe. Londoners enjoyed frost fairs on the Thames after it froze over, snow cover across the continent increased, the Baltic Sea iced over - the conditions were so harsh, some describe it as a mini-Ice Age. And Lockwood believes that this regional effect could have been in part driven by the dearth of activity on the sun, and may happen again if our star continues to wane.

Cold snap

This means that less UV radiation hits the stratosphere - the layer of air that sits high above the Earth. And this in turn feeds into the jet stream - the fast-flowing air current in the upper atmosphere that can drive the weather. The results of this are dominantly felt above Europe, says Lockwood. “These are large meanders in the jet stream, and they"re called blocking events because they block off the normal moist, mild winds we get from the Atlantic, and instead we get cold air being dragged down from the Arctic and from Russia,” he says. “These are what we call a cold snap ... a series of three or four cold snaps in a row adds up to a cold winter. And that"s quite likely what we"ll see as solar activity declines.” So could this regional change in Europe have a knock-on effect on for the rest of the world"s climate?

In a recent report by the United Nations" climate panel, scientists concluded that they were 95-percent certain that humans were the “dominant cause” of global warming since the 1950s, and if greenhouse gases continue to rise at their current rate, then the global mean temperature could rise by as much as 4.8 degrees Celsius. And while some have argued that ebbs and flows in the sun"s activity are driving the climate - overriding the effect of greenhouse gas emissions, the Intergovernmental Panel on Climate Change concludes that solar variation only makes a small contribution to the Earth"s climate. Lockwood says that while UV light varies with solar activity, other forms of radiation from the sun that penetrate the troposphere (the lower layer of air that sits above the Earth) do not change that much.

“I"ve done a number of studies that show at the very most it might buy you about five years before you reach a certain global average temperature level. But that"s not to say, on a more regional basis there aren"t changes to the patterns of our weather that we"ll have to get used to.” But this weather would not be the only consequence of a drawn out period of inactivity, says Green. “If the sun were to get very quiet, one of the few things that would happen is that we"d have very few displays of the northern lights,” she explains.

However, there could be positive effects, too. “Solar activity drives a whole range of space weather, and these are ultimately effects on the electricity networks, on satellites, on radio communications and GPS on your sat-nav,” she explains. And while scientists cannot discount that the random bursts of activity may still occur, calmer periods of space weather would help to maintain the technological infrastructure that we rely so heavily on. While the full consequences of a quietening sun are not fully understood, one thing scientists are certain about is that our star is unpredictable, and anything could happen next.

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News Network
February 5,2020

Feb 5: Tesla is making Elon Musk a lot richer without paying him a dime.

A blistering stock rally has bolstered the value of CEO Musk's 19% stake in the electric car maker by $16 billion since the start of 2020, to $30 billion.

Tuesday's steep climb in the share price could sweeten Musk's payday under his record-breaking compensation package, which is built on stock options that rely on market value targets. Two milestones have now been achieved that could see Musk unlock options worth $1.8 billion.

The controversial chief executive, who is also the majority owner and CEO of rocket maker SpaceX, recently testified that he did not have a lot of cash as he successfully defended himself in a defamation lawsuit. He previously has taken loans using his Tesla shares as collateral.

Musk does not take a salary, choosing instead a risky options package that envisions the stock market value of Tesla rising to $650 billion over 10 years, a prospect that was derided by some investors when the deal was announced in 2018.

That target now looks less crazy. Shares of Tesla have rallied over 50% since the company posted its second consecutive quarterly profit last Wednesday, which was viewed as a major accomplishment for a company competing against established automotive heavyweights including General Motors Co  and BMW.

Tesla shares have climbed about 400% since early June, helped by the company's better-than-expected financial results and ramped-up production at its new car factory in Shanghai.

On Tuesday, Tesla surged as much as 24% before falling back in the final minutes of the trading session to end the day up 13.7%. That put its market capitalization at $160 billion, almost twice the combined value of Ford Motor and General Motors.

The shares had also rallied on Monday, partly fueled by Panasonic Corp's 6752.T saying its automotive battery venture with Tesla was profitable for the first time.

The options Musk was awarded in 2018 vest incrementally based on targets for Tesla's stock market value and its financial performance. The market capitalization would have to sustainably rise by $50 billion increments over the agreement's 10-year period, with the full package payout reached if the market cap reaches $650 billion, as well as the company's meeting revenue and profit targets.

Musk is on his way to seeing his first two tranches of options vest. He achieved operational targets on revenue and adjusted earnings last year.

The rise in Tesla's market capitalization last month to a target of $100 billion opened the way for Musk's first tranche of options to vest. With Tuesday's surging share price, the market capitalization blew past the second target of $150 billion, opening the way for the second tranche to vest. Tesla's market capitalization must stay at or above each target level for one- and six-month averages for each set of options to vest.

Tesla was valued at about $52 billion when shareholders approved the pay package in March 2018, a time when the company faced a cash crunch, production delays and increasing competition from rivals.

A full payoff for Musk would surpass anything previously granted to U.S. executives, according to Institutional Shareholder Services, a proxy advisor that recommended investors reject the pay package deal at the time.

Musk currently owns about 34 million Tesla shares, and his compensation package would let him buy another 20.3 million shares if all his options tranches vest.

When Tesla unveiled Musk’s package, it said he could in theory reap as much as $55.8 billion if no new shares were issued. However, Tesla has since awarded stock to employees and last year sold $2.7 billion in shares and convertible bonds, diluting the value of the stock.

Musk has transformed Tesla from a niche car maker with production problems into the global leader in electric vehicles, with U.S. and Chinese factories. So far it has stayed ahead of more established rivals including BMW and Volkswagen.

Many investors remain skeptical that Tesla can consistently deliver profit, cash flow and growth. More Wall Street analysts rate Tesla "sell" than "buy," and the company's stock is the most shorted on Wall Street.

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Agencies
February 26,2020

Unnao, Feb 26: Ever heard of someone wishing a 'bright future' for the dead? In a bizarre incident in Uttar Pradesh's Unnao district, a village head issued a death certificate with the wish for an elderly man who had died last month.

The incident took place in the Sirwariya village in Asoha block where an elderly person Laxmi Shankar died after a prolonged illness on January 22.

His son went to the village head Babulal and requested him to issue a death certificate that he needed for some financial transactions.

Babulal not only issued the death certificate, but also 'wished' 'a bright future for the deceased' on the document.

The village head wrote in the death certificate -- "Main inke ujjwal bhavishya ki kaamna karta hoon (I wish him a bright future)."

The letter went viral on the social media on Monday after which the village head apologised for the error and issued a new death certificate.

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Agencies
July 3,2020

Mumbai, Jul 3: In yet another move to keep Chinese technologies companies at bay, the Centre has cancelled the 4G upgradation tender for BSNL as it has decided to come up with fresh specifications for the upgrade process, sources said.

The Department of Telecommunications (DoT) is likely to issue a fresh tender in the next two weeks.

People in the know said that the fresh tender may not allow Chinese companies to participate and that the new tenders that will be floated in the next two weeks will emphasise on Make in India.

As the border tussle with China escalated last month and around 20 soldiers lost their lives, the government had last month asked both BSNL and MTNL not to use equipment of Chinese makers in their upgrading process to 4G facilities.

Huawei and ZTE are the major Chinese telecom equipment makers working with Indian telecom companies and they would be the hardest hit by the decision.

The impact may be felt in terms of the much-awaited 5G trials in the country. After much deliberation, the Centre last December decided to allow Huawei to take part in the 5G trials.

The cancellation of tender for BSNL's 4G upgradation comes after the Centre on Monday banned 59 Chinese apps including TikTok, WeChat and UC Browser.

A statement by the Ministry of Electronics and IT said that the decision was taken since "there is credible information that these apps are engaged in activities which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order".

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