• A pipeline that takes methane gas from the Frank R. Bowerman landfill to an onsite power plant in Irvine, California. Reuters
    A pipeline that takes methane gas from the Frank R. Bowerman landfill to an onsite power plant in Irvine, California. Reuters
  • A satellite image shows a methane plume three kilometres long detected south-east of Carlsbad, New Mexico. Nasa scientists, using a tool designed to study how dust affects climate, have identified more than 50 sites around the world emitting high levels of methane, a potent greenhouse gas, the US space agency said. AFP
    A satellite image shows a methane plume three kilometres long detected south-east of Carlsbad, New Mexico. Nasa scientists, using a tool designed to study how dust affects climate, have identified more than 50 sites around the world emitting high levels of methane, a potent greenhouse gas, the US space agency said. AFP
  • An oil drilling rig in the Permian Basin oilfield in Midland, Texas. US President Joe Biden imposed a ban on Russian oil, which may mean that oil producers in the Permian Basin will need to pump more oil to meet demand. The Permian Basin is the largest petroleum-producing basin in the United States. AFP
    An oil drilling rig in the Permian Basin oilfield in Midland, Texas. US President Joe Biden imposed a ban on Russian oil, which may mean that oil producers in the Permian Basin will need to pump more oil to meet demand. The Permian Basin is the largest petroleum-producing basin in the United States. AFP
  • This satellite image from Nasa shows a 4.8km methane plume coming from a major landfill, where methane is a byproduct of decomposition, south of Tehran, Iran. AFP
    This satellite image from Nasa shows a 4.8km methane plume coming from a major landfill, where methane is a byproduct of decomposition, south of Tehran, Iran. AFP
  • Workers on an oil rig in the Permian Basin oilfield in Stanton, Texas. AFP
    Workers on an oil rig in the Permian Basin oilfield in Stanton, Texas. AFP
  • This satellite image shows 12 methane plumes streaming westward for more than 32 kilometres east of Hazar, Turkmenistan. Nasa
    This satellite image shows 12 methane plumes streaming westward for more than 32 kilometres east of Hazar, Turkmenistan. Nasa
  • Turkmenistan's President Gurbanguly Berdymukhamedov at the opening of the East-West pipeline at the Belek compressor station, about 500 kilometres from Ashgabat. On December 23 Turkmenistan completed a $2.5 billion gas pipeline connecting its eastern gas fields to the Caspian Sea, potentially expanding Europe's energy security options. AFP
    Turkmenistan's President Gurbanguly Berdymukhamedov at the opening of the East-West pipeline at the Belek compressor station, about 500 kilometres from Ashgabat. On December 23 Turkmenistan completed a $2.5 billion gas pipeline connecting its eastern gas fields to the Caspian Sea, potentially expanding Europe's energy security options. AFP
  • A lorry unloads rubbish at the South Kent landfill in Byron Township, Michigan. The National Oceanic and Atmospheric Administration released a study calculating that levels of the heat-trapping gas methane rose at a record pace in 2021. AP Photo
    A lorry unloads rubbish at the South Kent landfill in Byron Township, Michigan. The National Oceanic and Atmospheric Administration released a study calculating that levels of the heat-trapping gas methane rose at a record pace in 2021. AP Photo
  • Delhi fire officials take a break while fighting a fire at the Bhalswa landfill in New Delhi. Every day more than 2,300 tonnes of waste are dumped at the landfill without being segregated, resulting in the build-up of combustible methane gas. AP Photo
    Delhi fire officials take a break while fighting a fire at the Bhalswa landfill in New Delhi. Every day more than 2,300 tonnes of waste are dumped at the landfill without being segregated, resulting in the build-up of combustible methane gas. AP Photo
  • The Norte III biogas plant, which removes methane from waste at the landfill, outside Buenos Aires, Argentina. Norte III recently activated a new power station that runs on methane gas piped from under the landfill to generate electricity. Bloomberg
    The Norte III biogas plant, which removes methane from waste at the landfill, outside Buenos Aires, Argentina. Norte III recently activated a new power station that runs on methane gas piped from under the landfill to generate electricity. Bloomberg

Iran and Turkmenistan among methane 'super emitters' spotted by Nasa from space


Taylor Heyman
  • English
  • Arabic

Nasa scientists have begun tracking the world's largest methane emission spots from space and found sites in the US, Turkmenistan and Iran that are classed as “super emitters”.

Data is being gathered by the Earth Surface Mineral Dust Source (EMIT) mission, which involves a piece of specially designed kit called a spectrometer which was attached to the International Space Station in July.

Nasa said more than 50 “super emitters” of methane gas in Central Asia, the Middle East, and the south-western US have been identified so far. Most of them are connected to the fossil fuel, waste or agriculture sectors.

It found 12 plumes — some more than 32 kilometres wide — from oil and gas infrastructure east of the port of Hazar in Turkmenistan and another methane plume south of Iran's capital Tehran of around 4.8km.

“Some of the plumes EMIT detected are among the largest ever seen — unlike anything that has ever been observed from space,” said Andrew Thorpe, the Jet Propulsion Laboratory (JPL) research technologist leading the EMIT's methane studies.

“What we’ve found in just a short time already exceeds our expectations.”

New Mexico's Permian Basin, one of the largest oilfields in the world, showed a plume of 3.3 kilometres, emitting approximately 18,000 kilograms of methane per hour into the atmosphere.

The Turkmenistan plumes emitted around 50,400kg of methane per hour and the Iranian plume 8,500kg.

To put this in perspective, one of the four Nord Stream pipeline leaks is kicking out 22,920kg of methane per hour and originally had a plume of 520 metres.

“The continuing rise in concentrations of the main heat-trapping gases, including the record acceleration in methane levels, shows that we are heading in the wrong direction,” World Meteorological Organisation head Petteri Taalas said.

The WMO's Greenhouse Gas Bulletin found the biggest year-on-year jump in methane concentrations in 2021 since systematic measurements began nearly 40 years ago on Thursday.

The EMIT programme was designed to gather data on dust and its impact on climate, but Nasa scientists have discovered it can also read methane levels due to how they absorb infrared light. As the ISS orbits Earth, it can gain broad readings of the planet in detail, revealing the extent of known leaks and spotting new ones.

“Reining in methane emissions is key to limiting global warming. This exciting new development will not only help researchers better pinpoint where methane leaks are coming from but also provide insight on how they can be addressed — quickly,” Nasa Administrator Bill Nelson said.

Methane is one of the main drivers of climate change, accounting for about 30 per cent of global warming since the pre-industrial era. The greenhouse gas is 80 times more potent than carbon for warming the planet over a 20-year period.

Even as Covid-19 lockdowns drove carbon emissions down in 2020, methane emissions continued to climb, the US National Oceanic and Atmospheric Administration found.

But unlike carbon dioxide, methane breaks downs in the atmosphere in about 10 years, meaning action to stop it from reaching the ozone layer can make a huge difference.

The UN estimates that human-caused methane emissions may be reduced by as much as 45 per cent this decade, if the right action is taken.

“As it continues to survey the planet, EMIT will observe places in which no one thought to look for greenhouse-gas emitters before, and it will find plumes that no one expects,” said Robert Green, EMIT’s principal investigator at JPL.

Results:

5pm: Maiden (PA) Dh80,000 2,200m | Winner: AF Al Montaqem, Bernardo Pinheiro (jockey), Ernst Oertel (trainer)

5.30pm: Maiden (PA) Dh80,000 1,200m | Winner: Daber W’Rsan, Connor Beasley, Jaci Wickham

6pm: Handicap (PA) Dh85,000 1,600m | Winner: Bainoona, Fabrice Veron, Eric Lemartinel

6.30pm: Handicap (PA) Dh80,000 1,600m | Winner: AF Makerah, Antonio Fresu, Ernst Oertel

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 | Winner: AF Motaghatres, Antonio Fresu, Ernst Oertel

7.30pm: Handicap (TB) Dh90,000 1,600m | Winner: Tafakhor, Ronan Whelan, Ali Rashid Al Raihe

MATCH INFO

Uefa Nations League

League A, Group 4
Spain v England, 10.45pm (UAE)

AGUERO'S PREMIER LEAGUE RECORD

Apps: 186
Goals: 127
Assists: 31
Wins: 117
Losses: 33

At a glance

- 20,000 new jobs for Emiratis over three years

- Dh300 million set aside to train 18,000 jobseekers in new skills

- Managerial jobs in government restricted to Emiratis

- Emiratis to get priority for 160 types of job in private sector

- Portion of VAT revenues will fund more graduate programmes

- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government

If you go:
The flights: Etihad, Emirates, British Airways and Virgin all fly from the UAE to London from Dh2,700 return, including taxes
The tours: The Tour for Muggles usually runs several times a day, lasts about two-and-a-half hours and costs £14 (Dh67)
Harry Potter and the Cursed Child is on now at the Palace Theatre. Tickets need booking significantly in advance
Entrance to the Harry Potter exhibition at the House of MinaLima is free
The hotel: The grand, 1909-built Strand Palace Hotel is in a handy location near the Theatre District and several of the key Harry Potter filming and inspiration sites. The family rooms are spacious, with sofa beds that can accommodate children, and wooden shutters that keep out the light at night. Rooms cost from £170 (Dh808).

UAE Premiership

Results
Dubai Exiles 24-28 Jebel Ali Dragons
Abu Dhabi Harlequins 43-27 Dubai Hurricanes

Fixture
Friday, March 29, Abu Dhabi Harlequins v Jebel Ali Dragons, The Sevens, Dubai

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cylinder%20turbo%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E680hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E1%2C020Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.5L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EEarly%202024%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh530%2C000%20(estimate)%3C%2Fp%3E%0A
Match info

Manchester United 0-0 Crystal Palace

Man of the match: Cheikhou Kouyate (Crystal Palace)

The Baghdad Clock

Shahad Al Rawi, Oneworld

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

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

HOW TO WATCH

Facebook: TheNationalNews 

Twitter: @thenationalnews 

Instagram: @thenationalnews.com 

TikTok: @thenationalnews   

What is cyberbullying?

Cyberbullying or online bullying could take many forms such as sending unkind or rude messages to someone, socially isolating people from groups, sharing embarrassing pictures of them, or spreading rumors about them.

Cyberbullying can take place on various platforms such as messages, on social media, on group chats, or games.

Parents should watch out for behavioural changes in their children.

When children are being bullied they they may be feel embarrassed and isolated, so parents should watch out for signs of signs of depression and anxiety

Updated: October 26, 2022, 3:34 PM