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Earth Overshoot Day 2019 is July 29, the earliest ever

Wednesday June 26 th 2019

OAKLAND, Calif., June 26, 2019 /PRNewswire/ — On July 29, humanity will have used nature’s resource budget for the entire year, according to Global Footprint Network, an international sustainability organization that has pioneered the Ecological Footprint. The Ecological Footprint adds up all of people’s competing demands for biologically productive areas – food, timber, fibers, carbon sequestration, and accommodation of infrastructure. Currently, carbon emissions from burning fossil fuel comprise 60% of humanity’s Ecological Footprint.

80 000 people have already signed current petitions to US and EU decision makers to demand that biological resource management be placed at the core of the decision-making process.

Earth Overshoot Day marks the date when humanity’s annual demand on nature exceeds what Earth’s ecosystems can regenerate in that year. Over the past 20 years, it has moved up three months to July 29, the earliest ever. This means that humanity is currently using nature 1.75 times faster than our planet’s ecosystems can regenerate, equivalent to 1.75 Earths. Humanity first saw ecological deficit in the early 1970s. Overshoot is possible because we are depleting our natural capital, compromising the planet’s future regenerative capacity.

Ecological overspending costs are becoming increasingly evident: deforestation, soil erosion, biodiversity loss, and the buildup of carbon dioxide in the atmosphere leading to climate change and more frequent extreme weather events.

“Ultimately, human activity will be brought in balance with Earth’s ecological resources. The question is whether we choose to get there by disaster or by design – one-planet misery or one-planet prosperity,” said Mathis Wackernagel, co-inventor of Ecological Footprint accounting and founder of Global Footprint Network.

#MoveTheDate toward one-planet compatibility

If we move the date of Earth Overshoot Day back 5 days annually, humanity can reach one-planet compatibility before 2050. Global Footprint Network highlights opportunities for action that are available today and assesses their impact on the date of Earth Overshoot Day. For instance, replacing 50% of meat consumption with vegetarian food would move the date of Overshoot Day 15 days (10 days for the reduction of methane emissions from livestock alone); reducing the carbon component of the global Ecological Footprint by 50% would move the date 93 days.

Elements of the 2019 campaign

  • The Ecological Footprint Calculator is now available in Hindi, English, Chinese, French, German, Portuguese, Spanish and Italian. To date, more than 15 million people have calculated their Ecological Footprint and personal Earth Overshoot Day.
  • Global Footprint Network and its partners invite the public to explore “Steps to #MoveTheDate” supporting the global movement towards one-planet compatibility, connected to energy, food, cities, population, and planet. Opportunities for action include starting a population conversation, launching workplace programs like food waste reduction, and petitioning governments to manage natural resources responsibly.

Additional resources

rshootday.org: www.overshootday.org

Solutions to #MoveTheDate : www.overshootday.org/solutions

Infographics (multiple languages) : https://www.overshootday.org/newsroom/infographics/

Calculate your Footprint : www.footprintcalculator.org 

Explore all countries’ Ecological Footprint and biocapacity : data.footprintnetwork.org

New book about Ecological Footprint accounting, with excerpts available for publication: https://www.newsociety.com/Books/E/Ecological-Footprint 

About Global Footprint Network

Global Footprint Network is an international sustainability organization that is helping the world live within the Earth’s means and respond to climate change. Since 2003 we’ve engaged with global partners to deliver scientific insights that have driven high-impact policy and investment decisions. Together, we’re creating a future where all of us can thrive within the limits of our one planet.
www.footprintnetwork.org

Media contact

Laetitia Mailhes (English French) – France
+1 (510) 839-8879 x308
laetitia.mailhes@footprintnetwork.org

Kristine Jiao (English) – United States
+1 (510) 839-8879 x4
communications@footprintnetwork.org

 

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SOURCE Global Footprint Network

Omada Health Raises $73 Million to Accelerate Program Expansion

SAN FRANCISCO, June 26, 2019 /PRNewswire/ – Omada Health today announced a $73 million round of funding led by Wellington Management Company LLP. Wellington Management is an independent investment firm with more than $1 trillion of client assets under management. Omada will use the funding to fuel the continued expansion of its digital care program, including support for those with type 2 diabetes and hypertension, as well as those dealing with anxiety and depression.

Omada Health Achieves Full CDC Recognition (PRNewsfoto/Omada Health)

Omada works with more than 600 employers and health plans across all 50 states, delivering an integrated experience that adapts to participants’ health needs, and personalizes their journeys to create the best health outcomes. Omada’s dedicated coaches guide each individual throughout the program, achieving unparalleled engagement and sustainable behavior change. Omada’s proprietary coaching platform enables them to deliver personalized interventions at scale. The company proved the model for digital care as the nation’s largest CDC-recognized provider of the National Diabetes Prevention Program, and has now launched programs over the last twelve months for diabetes self-management, as well as anxiety and depression, to holistically address individuals’ health needs.

“Ten years from now, the most engaging and utilized healthcare provider in the U.S. will be digital. Omada is poised to be that provider, as we inspire and engage the more than 100 million patients who need additional care and support between physician visits,” said Omada Health CEO and co-founder Sean Duffy. “Today’s announcement — and the incredible roster of investors participating in this round of fundraising — will deepen our collaboration with health plans, employers, and health systems, and accelerate the development of our truly personalized program that helps participants build patterns for lifelong health.”

“Omada has become a category-defining company in digital healthcare,” added Vijay Pande, General Partner at Andreessen Horowitz. “Since our first investment, the team’s vision, rigorous clinical focus, and intelligent application of sustainable behavior change across multiple conditions has raised the bar for what health plan buyers, and individuals, should expect from digital health.”

“Through our collaboration with Omada, we’re making it simple and convenient for our customers to take control of their health and well-being. By harnessing the power of personal coaching, peer support, digital engagement and personal accountability, we can better inspire and support people to achieve their individual health goals and prevent chronic health conditions,” said Joan Harvey, Cigna’s Senior Vice President of Consumer Health Engagement and Behavioral Health. “We’re excited to deepen our relationship with Omada, and further integrate its innovative program into our full suite of data-driven health services.”

Omada has published 11 peer-reviewed studies, and is currently running the largest-ever randomized controlled trial of digital diabetes prevention. The company’s approach is proven to deliver lasting clinical outcomes, as well as significant medical cost savings, across diverse populations. Omada’s program drives unprecedented levels of meaningful engagement by participants, directly leading to sustained improvements in health.

Also participating in the round were previous investors Cigna Ventures, Andreessen Horowitz, U.S. Venture Partners, Norwest Venture Partners, Kaiser Permanente Ventures, Sanofi Ventures, Civilization Ventures, and Providence Ventures.

About Omada

Omada is a digital care program that empowers people to achieve their health goals through sustainable lifestyle change. Working primarily through health plans, employers, and integrated health systems, the company delivers personalized interventions for individuals at risk for, or dealing with, type 2 diabetes and hypertension, as well as anxiety and depression. Combining data-powered human coaching, connected devices, proprietary technology platform, and curriculum tailored to an individual’s specific conditions and circumstances, Omada has enrolled more than 250,000 participants to date. Omada partners include Cigna, Kaiser Permanente, Health Care Services Corporation (HCSC), Blue Cross Blue Shield Minnesota, and other leading health plans. For additional information, please visit www.omadahealth.com.

Contact:
Denae Thibault
denae.thibault@omadahealth.com
(774) 275-1462

 

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SOURCE Omada Health

Automotive Electric Fuel Pumps Market Worth $18.44 Billion by 2025 | CAGR: 5.0%: Grand View Research, Inc.

SAN FRANCISCO, June 26, 2019 /PRNewswire/ –The global automotive electric fuel pumps market size is estimated to reach a value of USD 18.44 billion by 2025, progressing at a CAGR of 5.0% from 2019 to 2025, according to a new study by Grand View Research, Inc. An automotive electric fuel pump is used to pump fuel from tanks to injectors, which further sprays fuel into engine with high pressure. Surging demand for high fuel-efficient pumps to reduce the overall fuel consumption in vehicles along with rise in global vehicle production and sales is anticipated to propel the market over the forecast period.

Key suggestions from the report:

  • The passenger car segment is poised to dominate the market in terms of revenue throughout the forecast period. Increasing personnel mobility requirements and soaring need for fuel efficient passenger vehicles can contribute to the growth of the segment
  • Turbine style electric fuel pumps held the leading revenue share in the market in 2018 as they offer higher operational efficiency, lower noise emission, and can deliver accurate pressure measure, driving higher performance of vehicles
  • Macroeconomic condition and regulation such as mining ban in India may affect the demand of heavy commercial vehicles (HCVs). Increasing demand for LCVs, particularly in rural areas, is anticipated to unfold new growth opportunities for the segment
  • The Asia Pacific automotive electric fuel pumps market is estimated to experience the highest growth in terms of value during the forecast period. Rising demand for passenger vehicles in developing countries such as India, China, and Korea is escalating the growth of the segment
  • According to Valeo Group, the number of vehicles produced in China has doubled since 2007, with more than 23 million vehicle productions in 2014, which accounted for 27.0% of the global production
  • The key industry participants include Denso Corporation, Delphi Automotive PLC, Continental AG, General Motors Company, Pricol Limited, and Robert Bosch. Other prominent vendors include Visteon Corporation, Federal-Mogul Corporation, Daewha Fuel Pump Ind., Ltd., and ACDelco.

Read 101 page research report with TOC on “Automotive Electric Fuel Pumps Market Analysis Report By Application (Cars, HCVs, LCVs), By Technology (Turbine Style, Sliding Vane), By Product (Brushed, Brushless), and Segment Forecasts, 2019 – 2025″ at: https://www.grandviewresearch.com/industry-analysis/automotive-electric-fuel-pumps-market

An electric fuel pump is widely used in vehicles, owing to its numerous benefits such as high product reliability, power output, and fuel efficiency as compared to mechanical fuel pumps. The adoption of automotive electric fuel pumps among original equipment manufacturers (OEMs) in modern vehicles has increased significantly as the product ensures accurate injection pressure and flow of fuel to engine. Moreover, stringent government regulations to produce fuel-efficient and low carbon emission vehicles are expected to create remarkable growth opportunities for the market during the forecast period.

Prominent market players such as Robert Bosch GmbH, Denso Corporation, Delphi Automotive, and Continental AG are increasingly focusing on partnership agreements with automobile manufacturers to supply electric fuel pumps to enhance their overall market presence and profitability. Besides, a few key market players are expanding their production facilities in developing countries to avail the product at affordable costs to OEMs and aftermarket consumers. For instance, in 2013, Continental AG started its new production plants for fuel pumps in India to supply the products to its key clients such as Volkswagen Group.

Despite numerous product benefits, increasing production of counterfeit products, coupled with rapidly growing adoption of electric vehicles, is likely to hinder the growth of the automotive electric fuel pumps market over the forecast period.

Grand View Research has segmented the global automotive electric fuel pumps market on the basis of technology, product, application, and region:

  • Automotive Electric Fuel Pumps Technology Outlook (Revenue, USD Million; Volume, Million Units, 2014 – 2025)
    • Turbine Style
    • Sliding Vane
    • Roller Vane
  • Automotive Electric Fuel Pumps Product Outlook (Revenue, USD Million; Volume, Million Units, 2014 – 2025)
    • Brushed DC
    • Brushless DC
  • Automotive Electric Fuel Pumps Application Outlook (Revenue, USD Million; Volume, Million Units, 2014 – 2025)
    • Passenger Cars
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)
  • Automotive Electric Fuel Pumps Regional Outlook (Revenue, USD Million; Volume, Million Units, 2014 – 2025)
    • North America
      • U.S.
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • South America
      • Brazil
    • MEA (Middle East Africa)

Find more research reports on Next Generation Technologies Industry, by Grand View Research:

  • Automotive Entertainment Systems Market – The global automotive entertainment systems market has been poised for swift growth since the advent of 21st century, appropriated to the early adopters and innovators adoption of these sophisticated systems.
  • Vehicle-to-Grid Market – Vehicle-to-Grid Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2015 To 2022
  • Transportation Systems And Analytics Market – Rapid globalization, high travel convenience, and hyper-urbanization are expected to drive the global transportation systems and analytics market growth in next few years.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter

 

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SOURCE Grand View Research, Inc.

DGAP-News: AKASOL AG: AKASOL enters North American market with new production facility

AKASOL enters North American market with new production facility

  • New production facility in metro Detroit area, Michigan
  • Planned investment in the mid two-digit million Euro volume over a duration of 5 years
  • Supported by a one-digit million Euro grant from the State of Michigan
  • Planned opening for the US production facility in 2020
  • New location supports dynamic expansion and meets growing demand from major international customers

Darmstadt, June 26, 2019 – AKASOL AG (“AKASOL”; ISIN DE000A2JNWZ9), one of Europe’s leading manufacturers of high-performance lithium-ion battery systems for commercial vehicles, has announced plans to open a production facility in the metro Detroit area of Michigan, USA. Opening dedicated operations in North America comes in response to specific demand for the company’s high energy battery modules from major international manufacturers and will allow the company to pursue ambitious growth plans for the region.

The State of Michigan has given its full backing to AKASOL’s plans, awarding the company a one-digit million Euro Michigan Business Development Program grant towards the construction of the production facility. It is expected that the new facility will generate total investment in the mid two-digit million Euro volume over a duration of 5 years and create over 200 jobs in that time. The location of the site will also ensure that AKASOL’s customers comply with Buy America Act regulations, which dictate that they must purchase locally-produced battery systems.

Commenting on AKASOL’s decision to open a production facility in Detroit, Barry Matherly, President and CEO of the Detroit Regional Partnership said: “The Detroit Region is thrilled to have been selected by AKASOL for its first US battery production facility for the commercial vehicle market. The company is a global leader in the design and build of e-mobility solutions and our team is pleased we were able to demonstrate a highly compelling business case around the strengths of the region.”

AKASOL’s new Michigan production facility will have a similar capacity to the company’s current series production site in Langen, Germany. Initial production, which is due to begin in 2020, will focus on the 2nd generation AKASystem OEM PRC battery system, with high energy density battery systems following soon after. By 2021, AKASOL expects production to have increased to 400 MWh in a three-shift operation.

Sven Schulz, CEO of AKASOL, said: “Not only will our new North American production facility enable us to meet the high demand we’re receiving from our global customers, particularly a well-known Swedish manufacturer of trucks and buses, but it is also a core part of our international growth plans. Our unrivalled battery expertise from module to system level, coupled with the fact we are already undertaking series production for market-leading companies, means that we are well on the way to becoming the European market leader in commercial vehicle battery systems. Our new Michigan site will accelerate our business development activities with both new and existing North American customers.”

Roy Schulde, President of AKASOL’s US subsidiary AKASOL INC., added: “Two thirds of the initial capacity of our new US production facility will cater for new customers, with the remaining third dedicated to our existing customers. The high-performance lithium-ion battery systems manufactured at the site will be developed, tested and produced by highly-qualified engineers and be used on projects across the transportation sector, which is seeing ever-increasing electrification solutions entering the market.”

Contact:

AKASOL AG, Isabel Heinen

Phone: +49 (0) 6103 48567-26 I Email: isabel.heinen@akasol.com

About AKASOL

AKASOL is a leading European manufacturer of high-performance lithium-ion battery systems for buses, commercial vehicles, rail vehicles, industrial vehicles, ships and boats. With almost 30 years of experience AKASOL is a pioneer in the development and manufacture of lithium-ion battery systems for commercial applications. AKASOL AG’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange since June 29, 2018.

Based in Germany, AKASOL operates a production facility in Langen (Hesse) with an annual production capacity of up to 300 MWh, which will be expanded to 800 MWh by 2020. According to AKASOL, this is Europe’s largest lithium-ion battery system production plant for commercial vehicles, which can currently produce battery systems per year for up to 1,500 fully electric buses or for up to 3,000 medium-sized commercial vehicles, depending on battery size. AKASOL systems are manufactured according to the requirements of the industry standards of leading OEM customers. Current customers include Daimler, a Scandinavian bus and truck manufacturer, Alstom, Bombardier, Rolls-Royce Power Systems (MTU Friedrichshafen) and several more. AKASOL has a technology-independent product portfolio. This allows the company to use the best battery cells and battery chemistry according to the clients’ individual needs.

DISCLAIMER

Statements contained herein may constitute “forward-looking statements.” Forward-looking statements are generally identifiable by the use of the words “may,” “will,” “should,” “plan,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “project,” “goal” or “target” or the negative of these words or other variations on these words or comparable terminology.

Forward-looking statements are based on current expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Group’s or its industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. You should not place undue reliance on forward-looking statements and the Group does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.

 

This document does not constitute an offer or a recommendation to subscribe to or acquire securities of AKASOL AG. This announcement does not constitute an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America without registration or an exemption from registration in accordance with the current version of the U.S. Securities Act of 1933.

Nike dropped a line of sneakers after its designer risked angering China by supporting mass protests in Hong Kong

hong kong protestReuters

  • Nike reportedly axed a new line of China-only sneakers after the designer Instagrammed a photo in support of the Hong Kong protests. 
  • Nike and Japanese streetwear brand Undercover, headed by Jun Takahashi, were to release a new collaboration on June 14.
  • But the release was cancelled, according to the Financial Times, after a photo of protesters was posted on Undercover’s Instagram page titled “no extradition to China.”
  • Throughout June, millions of Hong Kongers have protested a proposed extradition bill which, if passed, will see China extend its reach into the semi-autonomous territory. 
  • Visit Business Insider’s homepage for more stories. 

Nike reportedly scrapped a new line of shoes due for release in China because the designer posted a photo on Instagram supporting mass protests against Chinese legal encroachment into Hong Kong.

Nike and Japanese streetwear brand Undercover, headed by designer Jun Takahashi, had teamed up to release a new sneaker, scheduled to drop exclusively in mainland China on June 14.

But the launch was axed, according to the Financial Times, after Undercover posted a photo of the Hong Kong protests with the caption “no extradition to China.”

The post has since been deleted, with Undercover calling it an “individual opinion.”

Nike and Undercover.YouTube/AnthonyLevine

YYSports, one of China’s largest clothing retailers, said Nike sent them an “urgent notice” saying that the June 14 launch was not to go ahead, according to the FT.

Douniu, another vendor due to stock the Nike and Undercover collaboration, said it was delisting all Undercover stock for “special reasons,” the FT wrote. 

Nike did not immediately respond to a request for comment from Business Insider.

Nearly two million people took to the streets of Hong Kong on June 16 to protest the proposed bill, which if enforced would see China given the power to extradite Hong Kong residents so they can be put on trial in China. 

Read more: The US just quietly challenged China on something Beijing promised to go to war over

It came about after a 19-year-old Hong Kong resident allegedly murdered his pregnant girlfriend while on holiday in Taiwan last year.

hong kong protestAssociated Press

The man fled back to Hong Kong but could not be tried in Taiwan as an extradition treaty between the territories does not currently exist.

So far the protests have stalled the bill’s passage, but it has not been fully removed from the legislative agenda.

Hong Kong’s under-pressure chief executive Carrie Lam apologised to protesters on June 15, though she refused to step down or scrap the bill completely. 

Read more: Hong Kong uses low-tech street smarts to smash China’s techno-authoritarianism

Critics of the extradition bill say residents would face China’s less transparent legal system. Beijing had previously allowed Hong Kong to keep its own legal system after the British left the colonized region in 1997.