Modules of the Oberon Solar plant near Desert Centre, California. Researching a new energy technology and bringing it into widespread commercial use takes decades. Bloomberg
Modules of the Oberon Solar plant near Desert Centre, California. Researching a new energy technology and bringing it into widespread commercial use takes decades. Bloomberg
Modules of the Oberon Solar plant near Desert Centre, California. Researching a new energy technology and bringing it into widespread commercial use takes decades. Bloomberg
Modules of the Oberon Solar plant near Desert Centre, California. Researching a new energy technology and bringing it into widespread commercial use takes decades. Bloomberg


Why long-term energy thinking is crucial for climate solutions


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January 08, 2024

When my father was born, European and American homes were heated with coal, horses were still a common means of transportation, and there was no such thing as nuclear power. My children may well make it into the 22nd century when I hope today’s energy systems will seem as antiquated.

In an attempt to overcome our natural short-termism, residents of the Japanese town of Yahaba imagined themselves as their grandchildren when making public decisions. That is a recipe for choosing wisely in energy and climate. Major pieces of energy infrastructure – hydroelectric dams, nuclear plants, pipelines – may operate for 80 years or more if maintained well.

Researching a new energy technology and bringing it into widespread commercial use takes decades.

The first photovoltaic panel was invented in 1883, solar-powered components were widely used on satellites by Nasa in the 1960s, but only in the last few years has solar power become ubiquitous in regular electricity generation.

Climate works on an even longer timescale. Thirty-six years after the major US congressional hearings that brought attention to global warming were held, half of the American political establishment still refuses to take the issue seriously.

Melting of much of the West Antarctic and Greenland ice sheets now appears inevitable. This could cause more than a metre of sea-level rise by 2100, compared to about 23cm globally since 1880. But we’re already dangerously close to warming of 2ºC – which over centuries could irreversibly increase water levels by more than 12 metres.

Even the best and costliest sea defences would not stop the drowning of all the world’s great coastal cities, and the densely-populated, fertile deltas and floodplains of the Mississippi, Rhine, Nile, Niger, Ganges and Yangtze. What would we think today of unthinking Tudor, Ming or Moghul rulers who had yoked us to such a dismal destiny?

By contrast, politicians in most countries work on a four or five-year cycle.

Since 2015, the UK has had five prime ministers, and nine energy ministers, under three different job descriptions. Some of these ministers were tasked to drum up business, some to protect the environment, some to lead scientific innovation and some to safeguard energy security and cut inflation – whatever the political imperative of the week.

Today’s energy and climate plans have several weaknesses that reflect short-term thinking. They stick too closely to today’s technologies. Tomorrow’s innovations, by definition, cannot be predicted; at best, some can be dimly anticipated.

In the 1960s, Stanford computer scientist Roy Amara said: “We overestimate the impact of technology in the short-term and underestimate the effect in the long run.”

The media is full of miraculous discoveries that never turn into practical or commercial devices. But others, like hydraulic fracturing or the internet, emerge from decades of quiet work to become overnight successes.

Today artificial intelligence, Crispr gene-editing technology and nuclear fusion are popular candidates for breakthroughs, but the truly transformative technology of this century may be something entirely different.

Second, they assume that energy demand remains similar to today’s, with some predictable changes: more gadgets and travel, bigger homes, a richer Asia and eventually Africa, more air-conditioning in a hotter climate, and incremental efficiency improvements.

Other than wood, the average person in 1800 consumed the energy equivalent of about 10g of oil annually, all in the form of coal. Today that is more than 200 times higher, about 1.7 tonnes of oil equivalent, and includes coal, petroleum, gas, and electricity from uranium, wind turbines and solar panels.

But what about a radically dematerialised civilisation that lives mostly virtually? Or where people live for two centuries through life-extending methods? Or a throwaway society that 3D-prints and discards, that flies hypersonically from London to Sydney in two hours for a weekend bash, holidays in space and mines asteroids?

Third, they work within an assumed linear, stable framework of economic, political and social relations. That’s after the past 100 years saw a world war, a Cold War, several epochal revolutions and financial crises, and a global pandemic.

There were 64 fully sovereign countries just before the Second World War – just one of them in Africa. Today there are 195. The colonial empires have evaporated. China and India have risen to become great powers. Similar upheavals await, even in the optimistic case that we avoid some cataclysm.

An international system based on nation states may not endure, in a world of growing disorder in some places, greater transnational co-ordination elsewhere, and the rising role of global corporations and perhaps new types of organisation, even extraplanetary ones.

Faced with such bewildering uncertainties, how do we plan anything long-term in energy and climate policy? This brings us back to the residents of Japan’s Yahaba and imagining ourselves as our grandchildren.

The intended net-zero carbon date for the UAE and many other countries seems far off. But it is only 26 years away – well within a single professional career. Often we see climate solutions dismissed with the argument that they will not work by mid-century. Indeed we need urgency to deal with our current problems.

But history does not stop in 2050. Planting a seed today that grows to maturity in 2100 is a worthy act. Coal, oil, gas and other critical materials of today come and go, but that seed – an innovation, an institution, an intellectual insight, an item of infrastructure – will yield fruit forever.

We should not foreclose our descendants’ futures. That means bequeathing them possibilities, not destroying that which can never be recreated, not abandoning knowledge or skills or the path of innovation and not trapping them in fossilised social or political structures. As far as possible, we need to rise above our parochial concerns, ephemeral ideologies and prejudices.

We should cultivate awareness of history as a guide not to what will happen, but what could happen. Simultaneously, we build on hints of possible futures from deep insights into science’s unanswered questions, new technological frontiers and the remorseless march of demographics or economics.

What kind of a world do we want to leave to our grandchildren? One without rainforests, corals and polar bears, where existence is a desperate struggle to salvage something from rising seas, encroaching deserts and collapsing states? One where a harsh autocratic hand holds back progress and doles out rations of electricity to a constrained society? Or where hard work and ingenuity have stabilised the climate, provided energy, prosperity and freedom to all, and launched humanity into exploration of the new outer and inner worlds of the 2100s?

Robin M Mills is chief executive of Qamar Energy and author of 'Capturing Carbon'

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Best Academy: Ajax and Benfica

Best Agent: Jorge Mendes

Best Club : Liverpool   

 Best Coach: Jurgen Klopp (Liverpool)  

 Best Goalkeeper: Alisson Becker

 Best Men’s Player: Cristiano Ronaldo

 Best Partnership of the Year Award by SportBusiness: Manchester City and SAP

 Best Referee: Stephanie Frappart

Best Revelation Player: Joao Felix (Atletico Madrid and Portugal)

Best Sporting Director: Andrea Berta (Atletico Madrid)

Best Women's Player:  Lucy Bronze

Best Young Arab Player: Achraf Hakimi

 Kooora – Best Arab Club: Al Hilal (Saudi Arabia)

 Kooora – Best Arab Player: Abderrazak Hamdallah (Al-Nassr FC, Saudi Arabia)

 Player Career Award: Miralem Pjanic and Ryan Giggs

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

WORLD CUP SEMI-FINALS

England v New Zealand (Saturday, 12pm)

Wales v South Africa (Sunday, 1pm)

ICC Women's T20 World Cup Asia Qualifier 2025, Thailand

UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S24%20ULTRA
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%206.8%22%20quad-HD%2B%20dynamic%20Amoled%202X%2C%203120%20x%201440%2C%20505ppi%2C%20HDR10%2B%2C%20120Hz%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%204nm%20Qualcomm%20Snapdragon%208%20Gen%203%2C%2064-bit%20octa-core%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%2012GB%20RAM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2014%2C%20One%20UI%206.1%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20quad%20200MP%20wide%20f%2F1.7%20%2B%2050MP%20periscope%20telephoto%20f%2F3.4%20with%205x%20optical%2F10x%20optical%20quality%20zoom%20%2B%2010MP%20telephoto%202.4%20with%203x%20optical%20zoom%20%2B%2012MP%20ultra-wide%20f%2F2.2%3B%20100x%20Space%20Zoom%3B%20auto%20HDR%2C%20expert%20RAW%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%208K%4024%2F30fps%2C%204K%4030%2F60%2F120fps%2C%20full-HD%4030%2F60%2F240fps%2C%20full-HD%20super%20slo-mo%40960fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2012MP%20f%2F2.2%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%205000mAh%2C%20fast%20wireless%20charging%202.0%2C%20Wireless%20PowerShare%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%205G%2C%20Wi-Fi%2C%20Bluetooth%205.3%2C%20NFC%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3B%20built-in%20Galaxy%20S%20Pen%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP68%2C%20up%20to%201.5m%20of%20freshwater%20up%20to%2030%20minutes%3B%20dust-resistant%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESIM%3A%3C%2Fstrong%3E%20Nano%20%2B%20nano%20%2F%20nano%20%2B%20eSIM%20%2F%20dual%20eSIM%20(varies%20in%20different%20markets)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Titanium%20black%2C%20titanium%20grey%2C%20titanium%20violet%2C%20titanium%20yellow%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%20%3C%2Fstrong%3EGalaxy%20S24%20Ultra%2C%20USB-C-to-C%20cable%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Dh5%2C099%20for%20256GB%2C%20Dh5%2C599%20for%20512GB%2C%20Dh6%2C599%20for%201TB%3C%2Fp%3E%0A
Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
UK%20record%20temperature
%3Cp%3E38.7C%20(101.7F)%20set%20in%20Cambridge%20in%202019%3C%2Fp%3E%0A
Sreesanth's India bowling career

Tests 27, Wickets 87, Average 37.59, Best 5-40

ODIs 53, Wickets 75, Average 33.44, Best 6-55

T20Is 10, Wickets 7, Average 41.14, Best 2-12

How does ToTok work?

The calling app is available to download on Google Play and Apple App Store

To successfully install ToTok, users are asked to enter their phone number and then create a nickname.

The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.

Users can also invite other contacts to download ToTok to allow them to make contact through the app.

 

Top%2010%20most%20competitive%20economies
%3Cp%3E1.%20Singapore%0D%3Cbr%3E2.%20Switzerland%0D%3Cbr%3E3.%20Denmark%0D%3Cbr%3E4.%20Ireland%0D%3Cbr%3E5.%20Hong%20Kong%0D%3Cbr%3E6.%20Sweden%0D%3Cbr%3E7.%20UAE%0D%3Cbr%3E8.%20Taiwan%0D%3Cbr%3E9.%20Netherlands%0D%3Cbr%3E10.%20Norway%0D%3Cbr%3E%3C%2Fp%3E%0A
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

COMPANY%20PROFILE
%3Cp%3ECompany%20name%3A%20Znap%3C%2Fp%3E%0A%3Cp%3EStarted%3A%202017%3C%2Fp%3E%0A%3Cp%3EFounder%3A%20Uday%20Rathod%3C%2Fp%3E%0A%3Cp%3EBased%3A%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3EIndustry%3A%20FinTech%3C%2Fp%3E%0A%3Cp%3EFunding%20size%3A%20%241m%2B%3C%2Fp%3E%0A%3Cp%3EInvestors%3A%20Family%2C%20friends%3C%2Fp%3E%0A
The specs: 2018 Peugeot 5008

Price, base / as tested: Dh99,900 / Dh134,900

Engine: 1.6-litre turbocharged four-cylinder

Transmission: Six-speed automatic

Power: 165hp @ 6,000rpm

Torque: 240Nm @ 1,400rpm

Fuel economy, combined: 5.8L / 100km

THE%20SPECS
%3Cp%3EEngine%3A%204.4-litre%20twin-turbo%20V8%20hybrid%0D%3Cbr%3EPower%3A%20653hp%20at%205%2C400rpm%0D%3Cbr%3ETorque%3A%20800Nm%20at%201%2C600-5%2C000rpm%0D%3Cbr%3ETransmission%3A%208-speed%20auto%0D%3Cbr%3E0-100kph%20in%204.3sec%0D%3Cbr%3ETop%20speed%20250kph%0D%3Cbr%3EFuel%20consumption%3A%20NA%0D%3Cbr%3EOn%20sale%3A%20Q2%202023%0D%3Cbr%3EPrice%3A%20From%20Dh750%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
Water waste

In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.

Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.

A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.

The Emirates is the world’s third largest per capita water consumer after the US and Canada.

Updated: November 21, 2024, 12:37 PM