Day: July 31, 2021

Heat Wave Causes Massive Melt of Greenland Ice Sheet

  COPENHAGEN, DENMARK – Greenland’s ice sheet has experienced a “massive melting event” during a heat wave that has seen temperatures more than 10 degrees above seasonal norms, according to Danish researchers. Since Wednesday, the ice sheet covering the vast Arctic territory has melted by about 8 billion tons a day, twice its normal average rate during summer, reported the Polar Portal website, which is run by Danish researchers. The Danish Meteorological Institute reported temperatures of more than 20 degrees Celsius (68 Fahrenheit), more than twice the normal average summer temperature, in northern Greenland. And Nerlerit Inaat airport in the

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Why Canada Leaped Ahead of US in COVID-19 Vaccinations

VANCOUVER, CANADA – When the COVID-19 vaccines started rolling out across the United States, Canada was short of supply and its leaders faced harsh criticism for not being better prepared. Expected deliveries from Europe were delayed and the country had no capability to produce its own vaccines. By mid-July, that changed. More doses of vaccines started to arrive and Canada quickly passed the United States in vaccination rates. As of Wednesday, 71.4% of Canadians had received at least one dose, with 57.6% having received two doses. In the United States, by comparison, 57.7% had received the first dose and 49.8%

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OMERS Infrastructure Agrees to Purchase 19.4% Stake in Azure Power

Transaction expands Canadian pension plan’s direct investment holdings in India, while increasing its global exposure to renewables sector SINGAPORE, July 30, 2021 (GLOBE NEWSWIRE) — OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure […]

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