Nuclear power is emission-free, say experts, which should help the UAE reduce its global warming footprint.
Nuclear power is emission-free, say experts, which should help the UAE reduce its global warming footprint.

Nuclear programme will clean up the skies



Abu Dhabi's decision to turn to nuclear power will in 10 years cut the country's future carbon emissions by 32 million tonnes a year, equivalent to the total carbon footprint of Bahrain, new Government figures show. If all four nuclear reactors are operating by 2020 as planned the UAE's carbon emissions will be lowered significantly as the country reduces its dependence ever larger quantities of fossil fuels, according to an internal study by the Abu Dhabi Government. The country's total emissions will continue to grow, but at a lower rate than originally forecast. In 2008, the latest year for which data are available, the UAE emitted 199 million tonnes of carbon, according to estimates by the US Government's Energy Information Agency. Up-to-date figures from the Abu Dhabi Government were not available. The 32 million-tonne figure is equivalent to Bahrain's 2008 emissions and represents between 16 and 20 per cent of the UAE's emissions in that year, according to US estimates. The UAE was singled out in a 2008 report for having the highest carbon footprint in the world on a per-person basis and has come under heavy international criticism. The plants, deployed with other clean energy technologies, could help slow the rapid growth in the country's carbon emissions. The nuclear programme will form a key part of the Government's voluntary commitments to reduce emissions as part of an international effort to tackle climate change, said a senior government official who was involved in the launch of the Emirate's nuclear programme but was not authorised to speak to the media. Without nuclear power, Abu Dhabi would have continued to rely on natural gas and increased its use of oil products in power stations, he said. "The business-as-usual case saw the deployment of additional gas and liquid-fired generation," he said. "The deployment of nuclear power would be what we consider a national appropriate mitigation action." The effect on the country's carbon emissions will be felt over the long term, yet was not discussed with the international community at last month's climate change talks in Copenhagen, said Dr Saad al Numeiri, an adviser to the federal Minister of Environment and Water who attended the negotiations. "It will definitely help," Mr al Numeiri added. "You will not be relying on fossil fuels for energy, so it will reduce the total emissions." The Emirates Nuclear Energy Corporation (ENEC) last month awarded a $20 billion contract to a consortium of South Korean firms to build and operate the country's first four nuclear power plants by 2020, with the first one expected online by 2017. Mohamed al Hammadi, the chief executive, said the plants' output would meet 23 to 25 per cent of Abu Dhabi's electricity needs by 2020, and said ENEC would likely award contracts for additional plants. The Government's study estimated that each kilowatt-hour of electricity produced from natural gas releases between 400 and 500 grams of carbon, while each kWh of oil-fired power releases closer to 700g. The nuclear reactors, by contrast, would produce almost no carbon over their lifetime, the study found. The amount of emissions displaced by the reactors is equivalent to the carbon output of over eight natural gas-fired power plants of the size and type built in recent years in Abu Dhabi, according to calculations by a climate scientist based in the capital. The nuclear power plants form the cornerstone of a broader clean energy strategy that has taken shape in the last two years. Abu Dhabi wants to supply 7 per cent of its electricity from renewable energy sources like solar power by 2020. Masdar, the Government-owned clean energy firm, also has plans to deploy a network of carbon capture and storage projects that will divert carbon emissions from three power plants and a steel mill and bury them permanently underground in ageing oil wells. The scheme is expected to reduce emissions by a further 6.5 million tonnes per year if Masdar elects to go ahead with the full project. cstanton@thenational.ae

Company%20Profile
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THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

Gran Gala del Calcio 2019 winners

Best Player: Cristiano Ronaldo (Juventus)
Best Coach: Gian Piero Gasperini (Atalanta)
Best Referee: Gianluca Rocchi
Best Goal: Fabio Quagliarella (Sampdoria vs Napoli)
Best Team: Atalanta​​​​​​​
Best XI: Samir Handanovic (Inter); Aleksandar Kolarov (Roma), Giorgio Chiellini (Juventus), Kalidou Koulibaly (Napoli), Joao Cancelo (Juventus*); Miralem Pjanic (Juventus), Josip Ilicic (Atalanta), Nicolo Barella (Cagliari*); Fabio Quagliarella (Sampdoria), Cristiano Ronaldo (Juventus), Duvan Zapata (Atalanta)
Serie B Best Young Player: Sandro Tonali (Brescia)
Best Women’s Goal: Thaisa (Milan vs Juventus)
Best Women’s Player: Manuela Giugliano (Milan)
Best Women’s XI: Laura Giuliani (Milan); Alia Guagni (Fiorentina), Sara Gama (Juventus), Cecilia Salvai (Juventus), Elisa Bartoli (Roma); Aurora Galli (Juventus), Manuela Giugliano (Roma), Valentina Cernoia (Juventus); Valentina Giacinti (Milan), Ilaria Mauro (Fiorentina), Barbara Bonansea (Juventus)

QUALIFYING RESULTS

1. Max Verstappen, Netherlands, Red Bull Racing Honda, 1 minute, 35.246 seconds.
2. Valtteri Bottas, Finland, Mercedes, 1:35.271.
3. Lewis Hamilton, Great Britain, Mercedes, 1:35.332.
4. Lando Norris, Great Britain, McLaren Renault, 1:35.497.
5. Alexander Albon, Thailand, Red Bull Racing Honda, 1:35.571.
6. Carlos Sainz Jr, Spain, McLaren Renault, 1:35.815.
7. Daniil Kvyat, Russia, Scuderia Toro Rosso Honda, 1:35.963.
8. Lance Stroll, Canada, Racing Point BWT Mercedes, 1:36.046.
9. Charles Leclerc, Monaco, Ferrari, 1:36.065.
10. Pierre Gasly, France, Scuderia Toro Rosso Honda, 1:36.242.

Eliminated after second session

11. Esteban Ocon, France, Renault, 1:36.359.
12. Daniel Ricciardo, Australia, Renault, 1:36.406.
13. Sebastian Vettel, Germany, Ferrari, 1:36.631.
14. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:38.248.

Eliminated after first session

15. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:37.075.
16. Kimi Raikkonen, Finland, Alfa Romeo Racing Ferrari, 1:37.555.
17. Kevin Magnussen, Denmark, Haas Ferrari, 1:37.863.
18. George Russell, Great Britain, Williams Mercedes, 1:38.045.
19. Pietro Fittipaldi, Brazil, Haas Ferrari, 1:38.173.
20. Nicholas Latifi, Canada, Williams Mercedes, 1:38.443.

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

Tiger%20Stripes%20
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Have you been targeted?

Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:

1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.

2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.

3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.

4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.

5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.

Specs

Price, base: Dhs850,000
Engine: 3.9-litre twin-turbo V8
Transmission: Seven-speed automatic
Power: 591bhp @ 7,500rpm
Torque: 760Nm @ 3,000rpm
Fuel economy, combined: 11.3L / 100km

Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
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COMPANY%20PROFILE%20
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UAE currency: the story behind the money in your pockets
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Company%20profile
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Rankings

ATP: 1. Novak Djokovic (SRB) 10,955 pts; 2. Rafael Nadal (ESP) 8,320; 3. Alexander Zverev (GER) 6,475 ( 1); 5. Juan Martin Del Potro (ARG) 5,060 ( 1); 6. Kevin Anderson (RSA) 4,845 ( 1); 6. Roger Federer (SUI) 4,600 (-3); 7. Kei Nishikori (JPN) 4,110 ( 2); 8. Dominic Thiem (AUT) 3,960; 9. John Isner (USA) 3,155 ( 1); 10. Marin Cilic (CRO) 3,140 (-3)

WTA: 1. Naomi Osaka (JPN) 7,030 pts ( 3); 2. Petra Kvitova (CZE) 6,290 ( 4); 3. Simona Halep (ROM) 5,582 (-2); 4. Sloane Stephens (USA) 5,307 ( 1); 5. Karolina Pliskova (CZE) 5,100 ( 3); 6. Angelique Kerber (GER) 4,965 (-4); 7. Elina Svitolina (UKR) 4,940; 8. Kiki Bertens (NED) 4,430 ( 1); 9. Caroline Wozniacki (DEN) 3,566 (-6); 10. Aryna Sabalenka (BLR) 3,485 ( 1)

FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate? 
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties? 
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

COMPANY%20PROFILE
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