If life on our virus-plagued, overheating planet is getting you down, a Finnish physicist has some good news.
The human race may be able to build itself a home elsewhere in the solar system. And it's not on the Moon or Mars.
What’s the big idea?
Visionaries have talked about colonising the solar system for centuries. Until now, most attention focused on setting up bases on the Moon and Mars. Elon Musk's SpaceX venture is testing its Starship rocket with the aim of settling both over the coming decades. But now a Finnish researcher claims to have found a much better place for our future home: Ceres.
Where on earth is that?
Actually, it’s a very long way from the Earth. Discovered in 1801, Ceres is a ball of rock in the asteroid belt, a region of cosmic rubble orbiting the Sun between Mars and Jupiter. Ceres once held the title of the biggest asteroid in the solar system, but astronomers now regard it as big enough to be called a dwarf planet, like Pluto. Even so, at barely 950 kilometres across – roughly the distance between Dubai and Riyadh – it is not huge.
So what’s the attraction of Ceres?
Part of it is precisely that – attraction. Both the Moon and Mars have a major drawback as long-term homes for humans: low gravity. Since the early days of space flight several health effects – particularly weakening of bones and muscle – have been linked to living in weightless conditions. While both the Moon and Mars have some gravity, it’s less than half that of the Earth.
The gravity of Ceres is far lower still, but now it’s being seen as the ideal place for a radically new type of home for humanity: a vast “megasatellite” orbiting the dwarf planet with inhabitable “spin driers” whose rotation creates artificial gravity. According to space technologist, Dr Pekka Janhunen, people could live and work on the inside walls of these gigantic spinning towers. Around 10 kilometres tall, each tower would be warmed by sunlight gathered and focused by vast mirrors, and landscaped inside with urban areas, parks and trees.
Is this for real? It sounds unbelievable.
Dr Janhunen is a scientist at the Finnish Meteorological Institute, Helsinki, whose work on space technology has been published in research journals. His research on the Ceres megasatellite is still in preprint form, but is backed by detailed scientific arguments.
But giant spinning towers – really?
The idea of creating artificial gravity through rotation is neither outlandish nor new. German pioneers of space travel came up with simple designs in the 1950s, and it was even tried aboard US Gemini spacecraft in the 1960s. The biggest problem will be familiar to anyone who has spent too long on a twisty road: nausea. But calculations by Dr Janhunen show that if the cylinders are wide enough – like two kilometres across – they can spin slowly enough to stay within safe limits. He estimates that tens of thousands of people could live in each cylinder in spacious surroundings.
Why can’t all this be done around the Moon or Mars?
It could – and at first glance, it would make a lot more sense. Even at its closest to Earth, Ceres is more than 230 million kilometres away – around four times the distance to Mars, and 600 times farther than the Moon.
But according to Dr Janhunen, Ceres has two main advantages. Studies suggest it could be mined for much of the material needed to build and sustain the megasatellite – including water, oxygen and nitrogen. Ironically, the small size and low gravity of Ceres also help, by making it easier to get the raw material up to the mega-satellite from the surface using a space elevator.
That sounds like another wild idea
It's actually another idea that's neither new nor entirely unrealistic. First proposed more than 120 years ago, it involves anchoring one end of a cable to the ground and connecting the other end to an orbiting object to keep the cable taut. Elevator cars then travel up and down the cable, giving a far cheaper way of getting into space than using conventional rockets.
In the case of Ceres, Dr Janhunen estimates the cable would have to be around 1,000 kilometres long. Once in orbit, the cars would leave the cable and travel on to the megasatellite orbiting another 100,000 kilometres from the dwarf planet.
Surely this can never be a replacement for the Earth?
Dr Janhunen admits there are still some big questions to be tackled – not least how to transport thousands of people safely to Ceres and the megasatellite. But according to his research, there is nothing to stop the celestial city from growing over time to accommodate billions of people.
Whether this grand vision becomes a reality will depend on detailed costings – and just how badly people want to leave the Earth.
The UAE's Mars Hope probe's launch into space – in pictures
Robert Matthews is Visiting Professor of Science at Aston University, Birmingham, UK
UEFA CHAMPIONS LEAGUE FIXTURES
All kick-off times 10.45pm UAE ( 4 GMT) unless stated
Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid
Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Basquiat in Abu Dhabi
One of Basquiat’s paintings, the vibrant Cabra (1981–82), now hangs in Louvre Abu Dhabi temporarily, on loan from the Guggenheim Abu Dhabi.
The latter museum is not open physically, but has assembled a collection and puts together a series of events called Talking Art, such as this discussion, moderated by writer Chaedria LaBouvier.
It's something of a Basquiat season in Abu Dhabi at the moment. Last week, The Radiant Child, a documentary on Basquiat was shown at Manarat Al Saadiyat, and tonight (April 18) the Guggenheim Abu Dhabi is throwing the re-creation of a party tonight, of the legendary Canal Zone party thrown in 1979, which epitomised the collaborative scene of the time. It was at Canal Zone that Basquiat met prominent members of the art world and moved from unknown graffiti artist into someone in the spotlight.
“We’ve invited local resident arists, we’ll have spray cans at the ready,” says curator Maisa Al Qassemi of the Guggenheim Abu Dhabi.
Guggenheim Abu Dhabi's Canal Zone Remix is at Manarat Al Saadiyat, Thursday April 18, from 8pm. Free entry to all. Basquiat's Cabra is on view at Louvre Abu Dhabi until October
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
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