Latest news with #IHS
National Geographic
10 hours ago
- Business
- National Geographic
How Has Fracking Changed Our Future?
"The United States is in the midst of the 'unconventional revolution in oil and gas' that, it becomes increasingly apparent, goes beyond energy itself. Today, the industry supports 1.7m jobs - a considerable accomplishment given the relative newness of the technology. That number could rise to 3 million by 2020. In 2012, this revolution added $62 billion to federal and state government revenues, a number that we project could rise to about $113 billion by 2020.2 It is helping to stimulate a manufacturing renaissance in the United States, improving the competitive position of the United States in the global economy, and beginning to affect global geopolitics." —Daniel Yergin, vice chair of global consulting firm IHS, in February testimony before Congress "Natural gas is not a permanent solution to ending our addiction imported oil. It is a bridge fuel to slash our oil dependence while buying us time to develop new technologies that will ultimately replace fossil transportation fuels. Natural gas is the critical puzzle piece RIGHT NOW. It will help us to keep more of the $350 to $450 billion we spend on imported oil every year at home, where it can power our economy and pay for our investments in a smart grid, wind and solar energy, and increased energy efficiency. By investing in alternative energies while utilizing natural gas for transportation and energy generation, America can decrease its dependence on OPEC oil, develop the cutting-edge know-how to make wind and solar technology viable, and keep more money at home to pay for the whole thing." —Pickens Plan, a site outlining BP Capital founder T. Boone Pickens' proposed energy strategy "My town was dying. This is a full-scale mining operation, and I'm all for it. Now we can get back to work." —Brent Sanford, mayor of Watford City, a town at the center of the North Dakota oil boom, in "The New Oil Landscape" (NGM March 2013 issue) Negative impacts of fracking "According to a number of studies and publications GAO reviewed, shale oil and gas development poses risks to air quality, generally as the result of (1) engine exhaust from increased truck traffic, (2) emissions from diesel-powered pumps used to power equipment, (3) gas that is flared (burned) or vented (released directly into the atmosphere) for operational reasons, and (4) unintentional emissions of pollutants from faulty equipment or impoundment-temporary storage areas. Similarly, a number of studies and publications GAO reviewed indicate that shale oil and gas development poses risks to water quality from contamination of surface water and groundwater as a result of erosion from ground disturbances, spills and releases of chemicals and other fluids, or underground migration of gases and chemicals."—General Accounting Office report on shale development, September 2012 "The gas 'revolution' has important implications for the direction and intensity of national efforts to develop and deploy low-emission technologies, like [carbon capture and storage] for coal and gas. With nothing more than regulatory policies of the type and stringency simulated here there is no market for these technologies, and the shale gas reduces interest even further. Under more stringent GHG targets these technologies are needed, but the shale gas delays their market role by up to two decades. Thus in the shale boom there is the risk of stunting these programs altogether. While taking advantage of this gift in the short run, treating gas a 'bridge' to a low-carbon future, it is crucial not to allow the greater ease of the near-term task to erode efforts to prepare a landing at the other end of the bridge."—from a study on shale gas and U.S. energy policy by researchers at MIT (also see: "Shale Gas: A Boon That Could Stunt Alternatives, Study Says")
Newsweek
5 days ago
- Health
- Newsweek
Medicaid Expands Access for Tribes Across 6 States
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Native American tribal clinics in six states have been granted new powers to provide Medicaid clinic services, giving 89 new tribes more health care access. The Centers for Medicare and Medicaid Services (CMS) expanded the powers of the clinics by approving Medicaid State Plan Amendments, which allow Indian Health Service (IHS) and tribal clinics to provide services beyond a specific clinic site. Why It Matters According to CMS, Native American and Alaska Native individuals are more susceptible to chronic illness than other groups in the U.S. population. The expansion of Medicaid services means that tribal clinic service providers in the affected states are better equipped to deliver care in areas other than their clinics, such as remote residential areas. What To Know The expansion, which was announced on Friday, has increased Medicaid access in six states: Minnesota, New Mexico, Oregon, South Dakota, Washington, and Wyoming. Washington and Mexico saw the highest number of tribes gain better access, with 29 and 22 tribes, respectively—more than half of the entire program. Eleven tribes in Minnesota will benefit, while nine each where identified in South Dakota, Wyoming, and Oregon. Stock image of a Medicaid Accepted Here sign. Stock image of a Medicaid Accepted Here sign. Getty Images The expansion works by granting existing facilities managed by IHS and tribal clinics the authority to perform Medicaid care services outside their "four walls," a requirement usually imposed on the IHS. This means that the clinics are able to provide care beyond the physical site, in other important places in the community such as homes and schools. There are over 2.9 million Native Americans in the U.S., and medical research has indicated that they are more susceptible to chronic illnesses such as diabetes, heart disease, and cancer than other groups. During the height of the Coronavirus pandemic, Native American communities were some of the hardest hit by the infection. For example, the Navajo Nation, the largest Native American territory in the U.S. with over 173,600 residents, had the highest per capita infection rate in the country by May 2020. What People Are Saying Dr. Mehmet Oz, the administrator for the Centers for Medicare and Medicaid Services, said in a statement announcing the expansion: "Until last year, federal rules prevented IHS and Tribal Medicaid clinic services providers from delivering Medicaid clinic services to vulnerable Tribal patients outside the four walls of the clinic. "These approvals help vulnerable Americans get care when and where they need it most." What Happens Next Each state has 90 days to implement the expansion, according to letters sent to state authorities by CMS.
Yahoo
7 days ago
- Science
- Yahoo
French Navy's sea drone uncovers 16th-century shipwreck at record 8,200 feet depth
In a rare convergence of military technology and maritime archaeology, a French Navy underwater drone operating off the southern coast near Saint-Tropez has located the deepest shipwreck ever discovered in French territorial waters. Resting at a depth of 2,567 meters (1.5 miles or 8,200 feet), the 16th-century Italian merchant vessel, provisionally designated Camarat 4, has emerged as an exceptionally well-preserved time capsule from Renaissance maritime trade. Detected initially via sonar as an unidentified 'large object,' the wreck was later confirmed through high-definition imaging and robotic exploration. The vessel, estimated at 30 meters in length and 7 meters wide, was discovered nearly intact, its contents remarkably undisturbed. Naval authorities, in coordination with French maritime archaeologists, conducted follow-up surveys using remotely operated vehicles (ROVs), revealing a diverse and intact cargo, including nearly 200 Ligurian ceramic jugs, an anchor, iron bars, artillery pieces, and neatly stacked yellow-glazed plates resting on the seabed. Despite minor contamination from modern debris, plastic bottles, fishing nets, and beer cans, the archaeological value of the find remains unparalleled. Researchers described the Camarat 4 as a 'time capsule' from the early modern period, its preserved cargo providing direct insight into the commercial and cultural networks that connected the Italian peninsula with wider Mediterranean markets. Initial assessments indicate the ship likely originated in Liguria, northern Italy. Ceramic artifacts bearing the 'IHS' monogram, abbreviating the Greek name of Jesus, along with floral and geometric motifs, are consistent with mid-16th-century Ligurian pottery. The vessel's design and construction further suggest it belonged to the class of merchant ships operated by Ligurian or Genoese crews, often consisting of family members or men from the same village. Such vessels formed the maritime backbone of Italy's Renaissance-era trade system, regularly transporting wine, olive oil, metal, and ceramics between Italy, Corsica, and Sardinia. The metal cargo aboard Camarat 4 primarily consists of iron bars, a common secondary export on Italian merchant ships of the period. Historical records confirm that these bars were typically bundled and protected against corrosion using organic wrapping. They were offloaded and distributed on arrival to regional blacksmiths, who converted the raw metal into tools, weapons, and agricultural implements. The presence of ceramics and iron on the wreck reflects the established risk-mitigation strategies of Renaissance maritime commerce, diversifying cargo to ensure profitability regardless of market fluctuations. The Camarat 4 joins many significant shipwreck discoveries in the western Mediterranean, including the Genoese Lomellina (sunk in 1516) and the Danish Sainte-Dorothéa (1693). A recent discovery highlights the fate of larger ships like the Santo Spirito and Santa Maria di Loreto. The Ragusan galleon sank near Genoa in 1579, carrying over 2,000 tons of naval supplies. This finding is an important milestone in underwater archaeology and a strong reminder of Italy's historic maritime republics. The combination of advanced naval detection platforms and methodical archaeological assessment has enabled unprecedented access to a submerged chapter of Mediterranean history hidden beneath 2.5 kilometers of seawater for nearly five centuries.
Hindustan Times
03-06-2025
- Hindustan Times
PMC seeks withdrawal of offence in wildlife orphanage case citing administrative oversight
Two years after a forest offence was registered under the Wildlife (Protection) Act, 1972, the Pune Municipal Corporation (PMC) has formally requested the forest department to withdraw the case filed against its zoo director and other officials. The PMC maintains that the irregularities observed at the now-defunct wildlife orphanage were administrative lapses—not deliberate violations. In a letter dated May 30, the PMC also requested the return of a four-horned antelope and a jackal that were seized by the forest department during an inspection in June 2023. The civic body noted that it has since secured retrospective approval from the Central Zoo Authority (CZA) for housing these animals, granted on December 8, 2023. The case stems from an April 2023 inspection by the forest department at the Wildlife Animal Rescue and Rehabilitation Centre (WARRC), operated by the Indian Herpetological Society (IHS) under a formal agreement with the PMC. Inspectors found several violations, including unauthorized long-term housing of wild animals, failure to obtain CZA permissions for breeding, and inadequate documentation. Following the inspection, a forest offence was registered on September 14, 2023, against zoo director Rajkumar Jadhav under Sections 2(16-G), 9, 39, and 51 of the Wildlife (Protection) Act. In its communication to the forest department, the PMC emphasized that the day-to-day operations of the orphanage were managed by the IHS, which was responsible for animal care, record-keeping, and coordination with authorities. The PMC argued that the violations were procedural oversights by the NGO, not intentional misconduct by civic officials. Citing a standing committee resolution dated February 9, 2024, the PMC noted it has officially shut down the wildlife orphanage and ended its association with IHS. Now that the matter is 'regularized,' the PMC has urged the forest department to withdraw the case and permit the return of the seized animals to the Rajiv Gandhi Zoological Park. Jadhav said, 'The irregularities occurred inadvertently, and no intentional harm was done to the animals. We have since obtained all required permissions from the Central Zoo Authority. As we were not directly responsible for the orphanage's management, I believe the case against me should be withdrawn.' Mahadev Mohite, deputy conservator of forest, Pune division, acknowledged the administrative nature of the violations. He said, 'The offence mainly pertains to record-keeping lapses. No animal cruelty or intentional harm was found. Since the matter involves the zoo, we will ask the PMC to submit its report to the Maharashtra Zoo Authority (MZA), which is the competent body to decide the next course of action.' However, Aditya Paranjape, wildlife warden, Pune forest department, stressed the need for accountability. 'Irregularities were identified and a case was registered. Someone must take responsibility, and appropriate action should be taken against the concerned authority or individual,' he said. IHS began its involvement with the Rajiv Gandhi Zoological Park in Pune around 2008, when it took on the management of the zoo's WARRC. For approximately 15 years, IHS collaborated closely with the zoo's wildlife unit, focusing on the rescue, rehabilitation, and care of reptiles and other wildlife found in urban areas. Meanwhile, the forest department's newly constructed Transit Treatment Centre (TTC), which replaces the orphanage, is now operational and reportedly running under stricter oversight.
Yahoo
31-05-2025
- Business
- Yahoo
IHS Holding Limited (IHS): A Bull Case Theory
We came across a bullish thesis on IHS Holding Limited (IHS) on Deep Value Capital's Substack. In this article, we will summarize the bulls' thesis on IHS. IHS Holding Limited (IHS)'s share was trading at $5.22 as of 28th May. A telecommunications tower reaching high into the sky, connected to a satellite system. IHS Holdings (IHS) is a misunderstood infrastructure powerhouse the market has mispriced as a risky, FX-exposed telecom play concentrated in Nigeria. In reality, IHS operates a high-margin telecom tower business across emerging markets like Nigeria and Brazil, where mobile data usage is surging and 4G/5G penetration is set to rise from 57% to 86% by 2029. Its model is simple and scalable: mobile carriers lease space on IHS towers via long-term, inflation-linked contracts—adding tenants drives near-pure profit, with minimal incremental cost. This recurring, CPI-protected revenue base underpins a robust infrastructure compounding story, with management targeting $1B in run-rate free cash flow (FCF) by 2029. Recent moves validate the strategy: IHS sold a non-core fiber business at 5x its current EBITDA multiple, signaling that the market's current valuation deeply discounts its asset quality. Meanwhile, free cash flow margins are climbing, and the company is trading at a steep discount despite improving fundamentals. Management's guidance for 2025 appears conservative, hinting at a potential beat-and-raise setup. Despite FX volatility and geopolitical noise, the math points to a 6.5x upside from current levels, with the potential for significant re-rating as investors reappraise IHS as a critical digital infrastructure enabler in fast-growing regions. In the face of rising data demand, tower utilization, and CPI-linked escalators, IHS stands to compound cash flows for years, and recent portfolio actions plus management's capital discipline bolster the bullish case. This is a classic case of market misperception creating outsized opportunity for those willing to look beyond headlines. For a comprehensive analysis of another standout stock covered by the same author, we recommend reading our summary of their bullish thesis on Atlassian Corporation (TEAM). Since our coverage, the stock is up 2.3%. IHS Holding Limited (IHS) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held IHS at the end of the first quarter which was 17 in the previous quarter. While we acknowledge the risk and potential of IHS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than IHS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
