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What Flutter Entertainment (FLUT)'s Strong Q1, Leadership Shuffle and Buyback Completion Means For Shareholders
In early May 2026, Flutter Entertainment plc reported Q1 2026 revenue of US$4,304 million versus US$3,665 million a year earlier, alongside lower net income of US$218 million, refreshed full‑year revenue guidance, leadership changes at FanDuel and the international division, and completion of a US$1,241.88 million share buyback program. At the same time, stronger‑than‑anticipated Q1 operating performance, new FanDuel loyalty and product features, and a reconfigured management team sharpened...
Phillies’ Don Mattingly reveals simple reasoning behind recent success
Philadelphia Phillies manager Don Mattingly discussed the club’s recent turnaround Monday before a three-game set vs. the Cincinnati Reds.
String theory suddenly emerged from simple physics rules
Physicists may have uncovered a surprising new clue that string theory—the idea that the universe is built from unimaginably tiny vibrating strings—could be more than just a mathematical fantasy. Instead of assuming strings existed from the start, researchers began with a few simple rules about how particles behave at extreme energies and discovered that the equations naturally produced the telltale fingerprints of string theory all on their own.
Woodbridge school counselor named 2026 Delaware Behavioral Health Professional of Year - State of Delaware News
Taylor Richey, a school counselor from the Woodbridge School District, is the state’s 2026 Delaware Behavioral Health Professional of the Year. Secretary of Education Cindy Marten made the announcement at a statewide banquet honoring the district and charter network behavioral health professionals of the year. The Woodbridge Early Childhood Education Center counselor said […]
Supreme Court deals blow to Big Pharma
Presented by Coalition to Strengthen America’s Healthcare{beacon} View Online Health Care Health Care PRESENTED BY The Big Story Supreme Court deals blow to pharma challenge …
Oak tree crushes Glen Ellen business, three vehicles
Strong winds blew down a towering, century-old oak tree Monday morning in Glen Ellen, sending it crashing into a power line causing an outage and then onto a business, damaging the building and crushing three parked vehicles, fire officials…
Yankees promote right-handed reliever Yovanny Cruz, option Elmer Rodríguez
The 26-year-old flamethrower completes an incredible rise as the Yankees search for answers in the bullpen.
Science behind sobriety field tests
Albany High students in Elizabeth Lopatniuk's health classes participated in a dynamic lesson about the effects of alcohol on the body. After taking an in-depth look at the science behind why and how alcohol slows the activities of the brain and central nervous system, students learned about how a variety of factors can impact the level of intoxication and how blood alcohol concentration can impair one's ability to operate a motor vehicle. Albany High Student Resource Officer Nick Schuler led students through an overview of field sobriety tests that are routinely performed during a traffic stop when an officer suspects a driver may be under the influence of alcohol. Officer Schuler explained the three elements of a physical sobriety test, including walking a straight line with turns and checks for motor skill patterns, standing on one foot to check for balance and following a moving stimulus with eyes only to check for Horizontal Gaze Nystagmus (HGN), an involuntary, rhythmic jerking of the eyes as they look to the side. Students volunteered to try walking a straight line both with and without alcohol impairment simulation goggles. Officer Schuler pointed out particular behaviors and patterns that would lead to a failed field sobriety test during the simulation. As prom and graduation festivities approach, we applaud our Albany High staff for empowering our Falcons with valuable lessons so they can make wise and safe choices.
Science behind sobriety field tests
Albany High students in Elizabeth Lopatniuk's health classes participated in a dynamic lesson about the effects of alcohol on the body. After taking an in-depth look at the science behind why and how alcohol slows the activities of the brain and central nervous system, students learned about how a variety of factors can impact the level of intoxication and how blood alcohol concentration can impair one's ability to operate a motor vehicle. Albany High Student Resource Officer Nick Schuler led students through an overview of field sobriety tests that are routinely performed during a traffic stop when an officer suspects a driver may be under the influence of alcohol. Officer Schuler explained the three elements of a physical sobriety test, including walking a straight line with turns and checks for motor skill patterns, standing on one foot to check for balance and following a moving stimulus with eyes only to check for Horizontal Gaze Nystagmus (HGN), an involuntary, rhythmic jerking of the eyes as they look to the side. Students volunteered to try walking a straight line both with and without alcohol impairment simulation goggles. Officer Schuler pointed out particular behaviors and patterns that would lead to a failed field sobriety test during the simulation. As prom and graduation festivities approach, we applaud our Albany High staff for empowering our Falcons with valuable lessons so they can make wise and safe choices.
Carvana Makes Shift Into New Car Business
Used-car giant Carvana is reportedly making a push into the new vehicle market. As The Wall Street Journal (WSJ) reported Monday (May 18), the company has
Whoa! Netflix is Sending Narnia Heading to Theaters...What This Means for the Future of Film
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Here’s a funny thing about the debate over whether streamers should release their movies in theaters first: Both sides think the other side represents the “conventional wisdom”. If you’ve been reading me for any amount of time, or even just scanned my front page, you know I think movies make more money by having a robust theatrical window compared to going straight-to-streaming. I’ve published thousands of words on this topic. And for years, I felt like I was standing up to a wave of opposition. See, while the “put your films in theaters to make money” take was obvious at any point before 2019, post-streaming revolution, most of the trendy thinkers took the opposite point of view. Big names argued that Netflix putting their film straight-to-streaming (“S-to-S” from here on out) actually made more money. Netflix was “disrupting” theaters, just as they disrupted Blockbuster Video, and since innovation is always good, this too was a great idea. This thinking then leaked into the mainstream business outlets like the Wall Street Journal and Bloomberg. I read many articles whose take boiled down to “Netflix makes tons of money from S-to-S releases” and “theaters were in structural decline” anyways. Covid-19 shutting down theaters and the 2023 strikes shutting down film production seemingly justified this point of view, as the box office struggled to return to 2017-2019 heights. Yet I’ve also read folks arguing the opposite point: the conventional wisdom says to put films in theaters! From some writers’ points of view, “everyone” actually agrees/agreed with my “send your films to theaters” take—especially the stodgy traditional studios—and folks still didn’t understand Netflix’s genius. I feel like, for the last two years, many people have argued this point as if it’s conventional wisdom. You know what? I may have been wrong. At this point, the “S-to-S strategy makes money” might be the minority viewpoint. Especially with the news this month that Netflix will put at least one film—Greta Gerwig’s Narnia film The Magician’s Nephew—in theaters in 2027 for a full 49-day run is big news. So that’s the story of the week, but I’ll also explain why they’re making this move now and why Netflix may not completely embrace theaters, along with other topics, like how I don’t buy Disney’s “super app” strategy, the latest good news out of the unions, my take on the latest attacks against free speech, and a whole lot more. Let’s get started. Subscribe Most Important Story of the Week - Netflix Goes to Theaters! Listen, I promise not to victory lap too hard today. As I just wrote, I’ve argued against sending films straight-to-streaming for—checks calendar—eight years now. Since 2018. Yikes. That’s a long time. And for years, others painted my thinking as “conventional” in that I was standing up for the status quo against trendy, cool disruption. And that’s not cool! But math is math, and I never could make the S-to-S numbers work. The only thing that ever enabled that model was Wall Street’s brief exuberance for it. It seems like the heads of Netflix now agree with me. (There were always rumors that former head of film for Netflix Scott Stuber argued internally for theatrical releases as well.) As they announced: “The Magician’s Nephew_—the first film in a Narnia series of films—will open on 12-Feb-2027, with a 49 day theatrical exclusive run.”_ I’m a little surprised at how little coverage this big change actually got. Credit to Bloomberg for leading with it and Matt Belloni’s The Town for highlighting it with the provocatively titled podcast “Hell Hath Frozen Over”. But after that? Instead of getting as much coverage as, say, the FCC’s latest egregious crackdown on free speech, this news story got crickets. But it’s massively more important for the future business of entertainment. So let’s start with the obvious question… Why Put Your Movies in Theaters? So…why should Netflix put (some!) of their movies in theaters? Well, I’ve already written that in a very, very, very long article from 2022: [ ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) [ The Data Is In: Theatrical Films Massively Outperform Straight-To-Streaming Films ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) Entertainment Strategy Guy · April 5, 2023 [ Read full story ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) To summarize, theatrical runs make much more money, especially blockbusters, because they earn more money per viewing,1 and that helps boost home entertainment sales. Theatrical films also perform as well or better than the streaming-only films. Now, partially this is driven by increased marketing for said films, but said marketing ultimately boosts the awareness of the movies and drives improved streaming and library performance as well. Again, I’ve made this case after reviewing the economic models and streaming data for years. Just last week, Emily Horgan also made the case for kids films! Yes, it is probably conventional wisdom, but that’s also because it’s true! I’d also argue we’ve seen a lot of data in the various studios’ behavior. As I’ve noted before, the more a studio needs to make money, the likelier they are to put films in theaters. As such, Disney, Universal, Warner Bros., Paramount and Sony all send their major films to theaters. Even if they once made a big S-to-S push (*cough* Disney *cough*), they’ve since relented and returned to theaters. The tech companies don’t need to make money, per se, so it took them years to embrace theaters. Apple doesn’t need to make money because it doesn’t disclose their (likely) Quibi-sized losses each year. (They fear bad press more than losing money.) Amazon announced two years ago that they planned to make Amazon-MGM Studios/Prime Video profitable on its own, and guess what? Now they’re putting films in theaters. That leaves Netflix. They’re in between the “no need to make money at all” and the “desperately need to make money to offset linear TV declines”, so they had less pressure to put some films in theaters. Plus, for years, they were the sexy disruptor, and Wall Street rewarded them for that. (Honestly, they still do.) Yet, even Netflix likely saw the money they were leaving on the table (I’ve estimated it at an easy billion dollars before) so they changed their course. I heard one pundit argue that, because Netflix already makes so much money, they don’t need to make more money, which sort of goes against everything I’ve ever learned about business and economics. Again, to be super-nuanced, sending “films to theaters” does not mean EVERY film. TV movies have been a thing for decades. Lifetime films, Hallmark holiday films, Disney Channel Original Movies, and so on, don’t need theatrical runs. But films above a certain budget level (say $25 to 50 million) almost certainly need theaters to maximize their revenue. The Scenarios (with a Dose of Skepticism) Now time for some skepticism: it won’t surprise me at all if Netflix re-changes course. Specifically, Netflix announced that their Narnia film will go to theaters. And I’d bet anything we see KPop Demon Hunters 2: The Huntering2 also goes to theaters, cause it’s the surest hit outside of a Disney animated sequel right now. But how much does Netflix truly commit to theaters? They’ve already tried to emphasize that this is a one-off move. I see three broad scenarios:
3 Arkansas baseball players make All-SEC teams
The teams were announced ahead of the SEC Tournament that begins Tuesday.
Steve Scalise endorses Julia Letlow for Senate after Bill Cassidy ousted from office
It’s a sign that Louisiana’s GOP establishment may be coalescing behind Letlow after her commanding win in Saturday’s election.
A hidden barrier to starting a family
Endometriosis is a widespread disease affecting at least one in eight women, often leading to infertility, which can be prevented with earlier diagnosis and treatment.
Heart health screenings deliver lifesaving impact
Two weeks after her father suffered a stroke, Courtney Barclay, 46, jumped at the chance to get a free blood pressure check while grocery shopping in Carlisle. “With everything going on with my dad…
Training Naturalists Behind Prison Walls
A kestrel swoops to grab a smaller bird on the wing and eats it, right in front of a group of men in the garden at California Health Care Facility, or CHCF, a prison in Stockton, where the garden has become both a thriving ecosystem and a science classroom for people incarcerated there. As the feathers fly, UC Davis researcher Laci Gerhart pulls out a bird guide and shows the incarcerated men how to identify the bird by its size and coloration, noting that kestrels are North America’s smallest raptor and one of the few that are sexually dimorphic.
Democratic leadership needs to stop with the Goldilocks politics
Despite the current political climate, Democrats are struggling to take a stand on important issues, leading to individual candidates rising in popularity by taking their own stands and calling for…
Penn State Health earns fourth consecutive VETS Indexes employer award
For the fourth consecutive year, Penn State Health has been recognized by VETS Index for its commitment to hiring, retaining and supporting veterans. The College of Medicine also was honored.
Epic gains ground as acute care EHR purchasing slows
The recent KLAS U.S. Acute Care EHR Market Share report showed Epic adding hospitals among smaller health systems, and researchers said Oracle's new AI-enabled EHR would be a "pivotal proofpoint."
Meet Dr. Claw: The open-source AI assistant revolutionizing the research workflow
Lehigh University researchers have built the first “AI for Science” software tool designed to support the entire project workflow for research scientists. Dr. Claw is an open-source, full-stack AI research assistant that helps users refine ideas, conduct literature reviews, run experiments, draft and review papers, write grant proposals, and build presentations. It eliminates the need to toggle between specialized AI tools—such as deep research agents for source evaluation or code generators for data analysis—by unifying these capabilities within a single interface.
Ford Europe plans five new vehicles to turn around passenger business
Although it has leadership in commercial vehicles on the continent, the Blue Oval has struggled with market share in the retail space.
Can You Trust AI for Health Questions?
Many people these days rely on AI for answers to health questions, but there are reasons to be wary. Here's how to find info you can trust.
With potential split from CSC on the table, college sports leaders struggling to find solutions to money problems — 'The Big Ten and SEC should break away and do their own deal'
Pratt ‘going to forever change how political ads are done’: Chaffetz
Fox News host and former Rep. Jason Chaffetz (R-Utah) on Sunday praised Spencer Pratt, the Republican candidate in the Los Angeles mayoral race, saying he is “going to forever change how poli…
Penn State Health unifies psychiatric and behavioral health services to expand access across central Pennsylvania
Penn State Health has consolidated all psychiatric and behavioral health services under a single identity, integrating former Pennsylvania Psychiatric Institute inpatient and outpatient services to…
A Look At AMC Entertainment (AMC) Valuation After Analyst Upgrade And Arena One Concert Launch
AMC Entertainment Holdings (AMC) is back in focus after an analyst upgrade linked to improving box office conditions, along with management comments on a lower revenue bar for free cash flow breakeven and the new Arena One at AMC concert format. See our latest analysis for AMC Entertainment Holdings. At a share price of $1.28, AMC has seen pressure recently, with the 7 day share price return down 9.22% and the 30 day share price return down 31.18%, while the 1 year total shareholder return is...
The ugly reality of racial politics in today’s Republican Party
The GOP is increasingly embracing racial politics, with many of its members either expressing racist views or playing along by ignoring them, as evidenced by the recent Supreme Court ruling that di…
Lawmakers zero in on sports gambling regulation as scandals boom
Congress appears poised to intensify its scrutiny of major sports leagues and their gambling partners in response to a growing number of scandals involving illicit&nbs…
Lululemon takes battle with Chip Wilson public, calls founder 'misguided' and 'outdated'
Lululemon responded publicly to founder Chip Wilson's campaign in a letter to shareholders, where it urged them to vote in its favor at its annual meeting.
Why Teams Don’t Just Lose—They Change
Today’s guest column is from professors John Cairney and Rick Burton. With spring here, we thought we’d look at what sports leaders can learn from fishing—or more accurately, from a particular fish, a glass wall and what happens when the environment thwarts an organization’s best attempts to reach a goal To borrow from behavioral science, …
Starz Entertainment shareholders approve board nominees and annual say-on-pay vote
Starz Entertainment shareholders approve board nominees and annual say-on-pay vote
This music streaming app nobody talks about actually beats the giants
I'm never going back to Spotify or Tidal
Inside Amer Sports: Retail excellence in Shanghai
“Inside Amer Sports” is a new video series offering a behind-the-scenes look at the people, places, and experiences shaping Amer Sports around the world.
SERIE A 2025/26: DATE AND TIME FOR MATCHDAY 38
Coach Allegri's Rossoneri will play their final match of the 2025/26 Serie A season at home, with San Siro behind them. Here are the details of matchday 38:Matchday 38, AC Milan v Cagliari: 24 May at ...
Lee Health: Crashes are preventable – A reminder this awareness month
May is National Trauma Awareness Month, and motor vehicle crashes are one of the leading reasons patients are transported to and treated.
Country music star cancels tour: ‘I need to be honest with myself’
The 39-year-old shared the news on social media.
The 'fibermaxxing' trend has health benefits worth the hype
There are a lot of wellness trends that make health experts roll their eyes in skepticism. But there is one big trend that many experts can get behind – with a few caveats: fibermaxxing.
Philippine senate convenes as impeachment court to try vice president as political storm rages
MANILA, Philippines (AP) — The Philippine Senate convened an impeachment court Monday for the trial of Vice President Sara Duterte over criminal charges, in a time of deep divisions that erupted in…
Evaluating Flutter Entertainment (NYSE:FLUT) After A Sharp Share Price Pullback
Recent performance snapshot for Flutter Entertainment (NYSE:FLUT) Flutter Entertainment (NYSE:FLUT) has drawn investor attention after a period of weaker share performance, with the stock down about 16% over the past month and roughly 25% over the past 3 months. See our latest analysis for Flutter Entertainment. The recent decline has been steep, with the share price down 57.68% year to date and the 1 year total shareholder return falling 62.95%. This points to fading momentum as investors...
CeB₆ surface reconstructions force a rethink of bulk electronic behavior
Surface reconstructions complicate the separation of structural effects from intrinsic electronic physics in CeB6.
David Bednar Stat is Very Concerning for Yankees' Future
It's been an ugly past week or so for the New York Yankees, a very concerning sign for a team that was one of the best in Major League Baseball prior to this. Now sitting at 28-19, the Yankees are 3-7 over their last 10 games and are three games behind the first-place Tampa Bay Rays in the American League East.
Business fuel-saving efforts give automakers software opportunities
Many fleet operators can't easily pivot to more fuel-efficient vehicles since they need vans and pickups to haul and tow. Telematics are one answer.
Greene predicts ‘political revolution in America’ if US troops sent to Iran
Former Rep. Marjorie Taylor Greene (R-Ga.), a former ally of President Trump who has since sparred with him over multiple issues, on Sunday predicted “political revolution in” the U.S. if there are…
How Nicki Minaj Became Trump’s ‘No. 1 Fan’
The rap superstar is throwing her weight behind the White House agenda after being courted by Trump’s 29-year-old celebrity whisperer.
AI reveals the invisible magnetic chaos wasting energy inside electric motors
Electric vehicles are pushing scientists to tackle one of the biggest hidden energy drains inside electric motors: magnetic energy loss. Now, researchers in Japan have developed a powerful AI-driven physics model that can peer into the chaotic “maze-like” magnetic patterns inside motor materials and reveal how heat and microscopic magnetic structures trigger wasted energy.
Top-seeded Arkansas men's golf opens regional in Oregon
The Razorbacks are the top seed at the Corvallis Regional.
White House: China to buy at least $17B in US agricultural products per year
The White House said Sunday that China is set to purchase at least $17 billion in agricultural products from the U.S. per year, a move that comes after President Trump’s recent China trip. In a fac…
The food recalls, alerts issued over salmonella concerns this month
Many of the items were linked to the same potentially contaminated ingredient.
‘Won’t be anything left’: Trump issues warning to Iran after national security team meeting
President Donald Trump met with top members of his national security team on Saturday to discuss the path forward on the Iran war, a source familiar with meeting told CNN, a day before he said Tehran “better get moving, FAST, or there won’t be anything left of them.”
Cassidy tried to get along with Trump after his impeachment vote. Retribution came anyway
It was a hurdle too high for Bill Cassidy to clear.
Cassidy tried to get along with Trump after his impeachment vote. Retribution came anyway
It was a hurdle too high for Bill Cassidy to clear.
Guests celebrate 75 years at Winterthur Field and Fête garden party
Guests gathered at Winterthur for the sold‑out Field and Fête garden party celebrating 75 years with picnics, music and a vintage vehicle parade.
Analysis: Black Cats' dream season continues
What a dream season it has been for Regis le Bris' Sunderland side on their return to the top flight for the first time since dropping out of the Premier League in 2016-17. Sunderland's win, which takes them above Everton, leaves them ninth, one point behind Brentford in eighth and two points behind Brighton in seventh, although Chelsea in 10th have a game on the Black Cats. With Manchester City beating Chelsea 1-0 in Saturday's FA Cup final, that means seventh in the Premier League would qualify for the Europa League, with eighth place going into the Conference League.
Analysis: Wolves waiting for season of misery to end
Just one more game and then Wolves can put a truly miserable season behind them. The energy and enthusiasm that was present after back-to-back wins over Aston Villa and Liverpool a couple of months ago has well and truly gone – even the boos at full-time felt weary. Relegation was an inevitability even back then but Rob Edwards' side were at least showing something to give fans optimism for the future.
Commentary: Spirit of small business is alive in their stories
As I think about National Small Business Week, I find myself reflecting not only on the awards presented but also on the people behind them — the entrepreneurs whose journeys remind us why this...
Google hasn’t shown any reason for ‘Googlebook’ laptops to exist, so why should we be excited?
We’ve been hearing about Google’s behind-the-scenes work to move its laptop efforts over to Android, but now that we’ve seen...
Rory McIlroy Accused Of 'Selfish' Behavior At The PGA Championship
Rory McIlroy is showing everyone who he is at the PGA Championship. That's what some longtime critics think, anyway. While McIlroy has won back-to-back Masters championships, he hasn't been happy with the setup or the conditions at the PGA Championship. And he's been speaking out in a big way at ...
The Sauna Business Surges in Oregon
It’s a sauna boomtime. Also a boomtime, perhaps, for legally ambiguous cold plunges.
Adam Driver has cheeky response when asked for comment on Lena Dunham's bombshell book
Adam Driver was asked about Lena Dunham's bombshell memoir, which included several claims about his alleged behavior on the set of 'Girls,' at Cannes.
Country music star left a ‘vast archive’ of unreleased music after his recent death
The beloved singer died in December.
Packers last Wednesday game came nearly a century ago
The NFL has successfully invented a new timeslot with the Packers and Rams playing on “Thanksgiving Eve” this year. And though a game on the night before Thanksgiving might be a new phenomenon, it’s not the first time the Packers have played on a Wednesday. Buckle up, because this is a weird one. Though it’s […]
'Hearts will be back' - fans defiant after title agony
Hearts fans, we asked for your opinions after the devastating 3-1 loss to Celtic that meant the league title stayed in Glasgow for another year. Celtic's title celebrations briefly cover the cracks unveiled by Hearts - that the Old Firm's dominance is over. Finished the game with too many defensive players which meant we couldn't react to going behind.
As Springfield weighs annexation request, regional behavioral health needs hang in the balance
Springfield councilors will ponder an annexation request that would set the stage for Oregon’s first behavioral health campus that has both a psychiatric hospital and stabilization center on site.
Kids’ mental health - time to close the gap: Marissa Kiefer
Mental and behavioral health challenges among young people are not rare -- they’re part of life for many families. But at UH Rainbow Babies & Children’s, we’re dedicated to trying new approaches, writes guest columnist Marissa Kiefer, president of University Hospitals' Rainbow Babies & Children’s and MacDonald Women’s hospitals.
What's behind Detroit's new summer Midnight Basketball League
The city of Detriot had members of the Detroit King and Detroit Renaissance boys and girls basketball teams promote its new basketball league online.
Midlife exercise could add two healthy years to your lifespan, study finds
A comprehensive study found that people who were most fit in their 40s and 50s developed major illness later, and lived longer.
Yankees news: Bombers shuffle rotation, Cole sharp in rehab outing
Yankees shuffle rotation after Fried injury, Cole solid in Triple-A appearance; Jones adjusts to the majors; Schlittler filling the role of ace.
Keyshawn Davis wins in Norfolk, then sets his sights higher
Keyshawn Davis is 15-0, he dominated Nahir Albright, and before he left the ring he called out Oscar Duarte and Devin Haney. The redemption arc is moving forward. Whether the weight issues are behind him is another question.
Donte DiVincenzo reflects on Timberwolves’ ‘moodiness’ after playoff exit
Donte DiVincenzo is rehabbing his Achilles throughout the offseason and the 2026-27 campaign as he looks for the Timberwolves to improve.
Scientists reverse Alzheimer’s in mice with breakthrough nanotechnology
A new nanotechnology treatment reversed Alzheimer’s symptoms in mice by restoring the brain’s natural cleanup system. The specially engineered nanoparticles helped clear toxic amyloid proteins from the brain and repair the blood-brain barrier, which normally protects and regulates the brain’s environment. In one striking experiment, elderly mice treated with the therapy later behaved like healthy younger mice.
Hundreds show up to support Rehovot businesses fined for opening on Shabbat
Ice cream parlor Otello and cafe Nook are cited after operating on Saturdays for over a year, leading residents to complain about uneven enforcement of Shabbat policy
Spotlight: NWA Space and Science opens office space, public astronomy library and geology collection in Rogers
Inside a modest room nestled on the second floor of the Jones Community for Nonprofits in Rogers, the future of the Northwest Arkansas Space and Science Center is taking shape.
Spotlight: NWA Space and Science opens office space, public astronomy library and geology collection in Rogers
Inside a modest room nestled on the second floor of the Jones Community for Nonprofits in Rogers, the future of the Northwest Arkansas Space and Science Center is taking shape.
Now What? With Carbon Pricing Eroded and Pipeline Politics Advancing, Here Are the Pathways for Climate Success
At the end of a whirlwind week of news on carbon pricing and electricity strategy, capping a madcap year of pretty much non-stop, dramatic change, the word across much of Canada’s climate and energy transition community is that climate policy in this country has been shredded. Eviscerated. Hit with a sledgehammer by policy rollbacks that have pushed the country’s 2050 net zero target “well out of reach”. That means it’s never been more important to look for the rays of hope and glimmers of possibility. To glimpse the seeds of the next set of strategies to get Canada’s climate pollution under control and the country into the accelerating global dash away from fossil fuels. And then, once we’ve spotted those possibilities, get on with the hard, day-to-day slog of trying to make them a reality. Nothing takes away from the frustration and the deep disappointment so many climate and energy hawks are expressing, the sense of betrayal by the author of Value(s) and the former UN special envoy for climate action and finance. But we knew two things as the week drew to a close. We’re looking at the world as it most definitely is. And we don’t get to give up finding the pathways to confront climate change and deliver faster, deeper carbon cuts that leave no one else behind. So really, the first question we all have to ask ourselves is: What’s next? Subscribe All the Oxygen in the Room The outpouring of anger and grief over the carbon pricing deal between Prime Minister Mark Carney and Alberta Premier Danielle Smith has been absolutely understandable. So much of the climate community poured years, more than a decade, into dragging the current federal pricing regime across the finish line, then defending it from a deluge of three-syllable rhymes after the Trudeau government proved utterly incapable of delivering its own message. The policy foisted on us by neo-classical economists took up all the oxygen in the room, burned through years of climate response time that we won’t get back, while cornering climate hawks into the position that the best response to the crisis of our lifetimes is a new tax…in an era of historic anti-tax sentiment. I mean, really—what could possibly have gone wrong? Against that history, let’s appreciate columnist Max Fawcett’s point that even a modest carbon pricing agreement with a government as off-the-wall libertarian/conspiracist as Danielle Smith’s—those adjectives are mine, not Max’s—is a win worth savouring (as long as Smith keeps her promises for a change). But part of living in the world as it is (no, I’m not letting that go) is to be clear-headed about what we can and can’t control. And one thing we get to decide, after seeing this week’s carbon price festivities take up all the oxygen yet again, is whether we want to keep letting that happen. Particularly when success down that road depends on a factor that no one with a climate agenda can control or influence—a provincial carbon pricing mechanism that has been manipulated and eroded beyond its lowest possible denominator. Thankfully, that’s not the way it has to go. Not when we have so many other powerful, practical tools at our disposal, including the ones still available to us through this abominable Memorandum of Understanding (MOU) between Canada and Alberta. Tools In Our Toolbox When I started roughing out this list, I didn’t expect it to grow to nearly a dozen bullet points. It’s probably still incomplete. Some of the greatest hits in today’s climate solutions toolbox include: • No Carbon Capture, No Pipeline: On Friday, Prime Minister Mark Carney explicitly stated that there’s been no change to the MOU provision that there will be no West Coast pipeline without an industry commitment to build its massive, $16.5-billion carbon capture and storage (CCUS) hub in Northern Alberta, and vice versa. The two megaprojects were joined at the hip when the MOU was signed Nov. 27, and the implementation agreement this week affirmed that they still are. A parade of independent analysts have spent years pointing to the economic and technical flaws in CCUS, while the industry kept postponing its investment decision until it could arm-twist the government for more “clarity” (by which it meant even more lavish taxpayer subsidies) on the project. Now the industry itself is running away from the CCUS hub and insisting the pipeline should proceed without it, but Carney doesn’t seem to be budging from a central tenet of the MOU to which Smith has signed on. • No Subsidies, No Investors: Climate analysts and advocates have quite rightly been hammering away at Carney and his team, insisting that any new capacity the industry wants to build must proceed without new subsidies. The government has responded with a growing collection of funding and financing mechanisms for the very wide menu of industrial development and nation-building projects they say they want to take on, and that menu always includes fossil fuel infrastructure. But it’s hard to see how even the combined fiscal clout of the federal and supportive provincial governments will deliver the financial backing private investors would need when the business case for new fossil fuel development is evaporating before their eyes. Particularly when… • No Market, No Demand, No Investors: As our friend Markham Hislop at Energi Media (our apparently sleepless friend, given the massive volume of great material he’s been churning out) points out this morning, the biggest vulnerability in any pipeline deal is the assumption that Asian buyers will want the oil or liquefied natural ga that our fossil industry is so keen to send them. Hislop writes in part: Ottawa and Alberta are effectively betting that countries like China and India will continue increasing oil imports for decades as their economies grow and energy consumption rises. That assumption underpins the entire economic rationale for expanding oil sands production and building billions of dollars in new export infrastructure. But Asian energy systems are changing rapidly… China, India, South Korea, and other major hydrocarbon importers are now investing hundreds of billions of dollars into electricity systems built around wind, solar, batteries, nuclear, hydro, and expanded transmission infrastructure. Domestic “energy sovereignty” is increasingly replacing the old energy-security model based on stable oil and gas imports. Those investments are expected to sharply slow oil demand growth and eventually reverse it, even as overall energy consumption continues rising. There are also refining constraints. Many Asian refineries and petrochemical complexes are already optimized to process discounted heavy crude from the Middle East and Latin America. That raises serious questions about how much additional Canadian bitumen Asian markets can absorb at profitable prices. Small wonder that there’s still no private sector investor for the project, despite Smith’s government desperately beating the bushes to put together a deal. For now, Alberta is acting as proponent and covering early start-up costs for a pitch to the federal Major Projects Office, which could actually turn into the next tough hurdle for Smith and her pipeline to jump. • Canada Day Looms: How ironic that Canada’s birthday this year could become a major chokepoint for the provincial premier who’s been working so diligently to tear the country apart! The July 1 target date for Alberta’s pipeline proposal is baked into the MOU, was reaffirmed by the implementation plan, but it hadn’t dawned on me that it cuts both ways. As one very smart colleague wrote in an email yesterday, “they’ve thrown the ball into Alberta’s court to get the project proposal on the table really quickly and to have to do a whole pile of work to put together a massive, complicated project that would typically take years to assemble, and they’ve given them weeks to do it.” That makes July 1 a looming deadline that Smith won’t be able to run away from politically, especially with the separatists in her party and her caucus breathing down her neck. (See previous ref to off-the-wall.) But if Alberta comes in with a sloppy, incomplete submission, even after Carney bent over backwards to simplify the application process and the rules that govern it, it may be harder for the province or the industry to blame Ottawa and insist on the faster process they claim their investors are demanding. (Oh, wait—which investors would those be??) • We’ll See You In Court (Then We’ll See You Again): If Carney did cave, that would be just one more reason for Indigenous and other affected communities to take the government and the process to court—Just as Alberta First Nations did, successfully, in response to Smith’s half-baked separation referendum. Veterans of the Harper era have been warning that a shoddy process around fossil fuel infrastructure or other major projects will be a recipe for the very delays that process seeks to avoid. And now more than ever, with renewable energy and energy storage eating fossil fuels’ lunch in import markets around the world, a delayed pipeline or LNG terminal may be as good as a cancelled one. • Charged Up, Ready to Go: With its goal of doubling Canada’s electricity supply to meet a doubling of demand by 2050, the national electricity strategy that Carney unveiled Thursday has a lot to like. With its explicit language about speeding the shift from fuels to more efficient and affordable electricity, global investment and deployment patterns that already favour that shift, an emerging bidirectional power grid, the role of front-line options like rooftop solar and heat pumps, the emergence of electric vehicles as behind-the-meter energy storage, and the domestic jobs and manufacturing to make it all happen, the document doubles down on the essential cornerstone of a faster shift off fossil fuels. The strategy envisions a more prominent role for gas and nuclear power. But some of those provisions were already in the Clean Electricity Regulations that climate hawks are now fighting so hard to defend, inserted as a compromise in a futile attempt to mollify the industry and its political representatives in Alberta and Saskatchewan. But once again, gas will be a tougher sell when it’s more expensive and now so much more unpredictable than the clean alternatives. The new nuclear technologies are still speculative and deeply vulnerable to cost overruns. Increasingly, utilities, developers, and investors know it. Carney declared Thursday that “it doesn’t do us good to be sitting in court all the time with provinces. It doesn’t do us good to be talking past each other. What does do us good is to come together with specific projects.” There are no guarantees, but so much of the language and narrative-building in the electricity strategy suggests the lion’s share of those projects will be renewable. • The Party Has Already Started: The electricity strategy only rarely digs down to specific projects, but provinces representing three-quarters of Canada’s population are already embracing a faster transition. Hydro-Québec is working on a 10-year, $185-billion renewable energy and grid buildout by 2035. Ontario recently brought 10 provinces and territories together in a National Energy Corridor Agreement to boost interprovincial and -territorial transmission infrastructure. And the MOU implementation agreement commits Alberta to facilitate investment in renewable energy projects, a big step back from its continuing, punitive restrictions on renewables development. The electricity strategy envisions much of the financing and infrastructure that will be needed to pull those advances together into an integrated whole. • Delivering on Affordability: The MOU implementation plan has little or nothing to say about affordability (are you surprised?), but the electricity strategy does, with a top-line pledge to reduce home energy costs for seven out of 10 Canadian households by 2050, a total saving of $15 billion across the board. It’s just a start, but it puts affordability on the government’s narrative map. If they’re serious and deliberate about patching together a least-cost energy strategy, it’ll have little if any room for oil, gas, or nuclear—not with powerful evidence, for example, that electricity prices are higher when those prices are set by gas. • Smith Proves that Canada Works: By signing a deal that makes it harder to claim the federal government is blocking a new pipeline, Smith has helped prove Carney’s constant anti-separatist refrain that “Canada works”—incurring the rage, no doubt, of her own political base. Canada also needs to work for anyone who depends on a clean environment, healthy and thriving ecosystems, and safe, stable climate. But with Smith and her separatist constituents setting up as a fifth column for annexation by Donald Trump’s United States, let’s set aside any notion that 51st state status for Canada is a recipe for anything other than climate disaster (and so much else). Resisting and withstanding Trump (just 170 more sleeps until mid-term elections, which is a damn sight better than the 730 we started with) doesn’t mean a free pass for a pipeline, but we can still appreciate it that keeping Canada whole and sovereign is still Carney’s Job One. • The Words Not Spoken: Apart from a commitment to export a million barrels of “low-emission” Alberta bitumen per day (memo to Smith and Carney: You realize that that’s less than the industry is already exporting??), the MOU implementation plan says nothing about the international trade and economic sovereignty deals that Carney has been travelling the world to negotiate. It didn’t have to. Carney doesn’t need permission from Danielle Smith, her American enablers, or her separatist allies to continue building the alliances that will ratchet down our economic dependency on our unstable, unreliable neighbour to the south. But every connection he builds with countries outside North America helps align our economy and our future with a faster shift off fossil fuels. Little if any of this was on our bingo cards a year or two ago. But it’s the pathway that has opened up to us. And if it gives Canada any climate or energy gains at all in an era still dominated by Trump and his increasingly ridiculous tariffs, his loutish trade negotiations and his continuing annexation threats, we have to take the wins. Not least because they’ll be the point of departure for what we can achieve in 2027, 2029, and beyond, as Trump’s grip and this era begin to loosen and then fade. What is Carney Doing? If this line of thought is right—and it’s a possibility, not a prediction—it means that Carney’s actions and decisions are largely about buying time. Time for Trump’s power to wane. Time for Alberta’s separatist/conspiracist virus to spread, mutate, die out, or at least die back, with help from a vaccine of federal steadiness and calm (appropriate enough, for a movement populated largely by vaccine deniers) that no conspiracy theory can dismiss. And time for the government’s trade and investment agenda to deliver results—even knowing that some of those results will bring impacts that front-line communities will not and should not accept. In the immediate moment, none of this changes the way the wider climate community has to respond, from campaigners to investors to front-line practitioners. All of our voices are still essential. But those voices will be stronger and more confident if we have a clearer sense of the brutal game we’ve been pulled into, and a plausible path (or two it three) for playing it to the win we need. This conversation also underscores our biggest task for the remaining years of what was supposed to be the “decisive” decade for climate response: if we can shift the energy narrative in Canada, make it a mainstream view that the country’s preoccupation with oil and gas has us falling farther behind a changing world, we’ll see far better results in the 2030s and beyond. For many veteran climate advocates, taking on that part of the fight will begin with recognizing that most of our friends and family, neighbours and colleagues already understand that climate change is real and right in front of us: they’re looking away and staying silent because they don’t have what climate communicator Katharine Hayhoe calls “efficacy”. As Hayhoe recently pointed out in a feature interview with The Energy Mix, it amounts to science denial to keep hammering away at the dire news about global warming without also helping audiences understand what they can do about it, with multiple studies telling us why that won’t work. Far better to open those conversations with the dominant crises like energy security, food security, emergency preparedness and business continuity, affordability, and financial security that have knocked climate change far lower on the list of public priorities, and will likely keep it there. We Knew This Would Happen Climate hawks have always known this day would come. For decades, we warned that everyone had to pay attention to climate change right now, because it would be much tougher to respond once the crisis itself started affecting our daily lives. We were right, and here we are. But now, thanks to decades of hard work, communities and countries have an alternative to doubling down on fossil fuels. “In 10 years everyone will have ‘always known’ that solar and batteries were going to win,” Morgan Solar Executive Chair Mike Andrade writes on LinkedIn. With the disruption in the Strait of Hormuz roiling energy priorities around the world, Canada and the United States are among the shrinking number of countries that are still very keen on fossil fuel development. Understanding that gap is a first, essential step in spotting the opportunities ahead, and averting the deep economic as well as environmental and social risk we face if we don’t seize them. Thanks for reading The Energy Mix Weekender! Subscribe for free to receive new posts and support our work. Subscribe Mitchell Beer traces his background in renewable energy and energy efficiency back to 1977, in climate change to 1997. Now he and the rest of the Energy Mix team scan 1,200 news headlines a week to pull together The Energy Mix and The Energy Mix Weekender. Chart of the Week BYD Eyes 20 Dealership Locations After Canada Greenlights Chinese EV Imports ‘Sledgehammer’ Carbon Price Deal Boosts Emissions by 230Mt, Aims for Fall 2027 Pipeline Approval ‘Worse Than Harper’: Regulatory Rollback Would Stop Canada from Assessing Project Impacts, Critics Warn Electricity Strategy Aims for Doubling by 2050, Allows ‘Flexibility’ for Gas Power Plants Opposition Mounts as O’Leary’s Data Centre Approved in Drought-Stricken Utah Diluted Carbon Price Misses ‘Reality of the World We’re In’, Could Impede Diversified Trade: Climate Institute $200B in Clean Energy Investment Will Need On-Time Delivery, Reliable Policies, Trade Association Says ‘Sovereign Pipeline’: CEO Pitches to Keep Trans Mountain in Government Hands What a Supercharged El Niño Could Mean for Canada Canada’s future is electric, and here’s how a power grid superhighway would get us there (Toronto Star) The Perilous Waters of Hecate Strait (Globe and Mail) Saudi Aramco profits jump despite conflict in Middle East (The Guardian) Farmers confront rising cost of fertilizer and fuel as spring seeding under way (Canadian Broadcasting Corporation) Clarkson forecasts 24% decline in offshore oil, gas capital expenditures (Oil & Gas Journal) Pipe Dreams: How Oil and Gas Fail to Deliver Economic Development in Africa (Oil Change International) Developing countries must hold the pen to script the fossil fuel transition (Climate Home News) Iran war threatens the dream of a post-oil economy in the Gulf (Washington Post) U.S. Oil, Gas Work Force Hits Lowest Level Since 2022 (Rigzone) Why Polestar Is Doubling Down on Net Zero as Rivals Pull Back on EVs (Bloomberg) Why this Michigan utility plans to sell its hydro dams for $13 (E&E News/Politico) Levees can no longer save New Orleans (Vox)
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