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Data-driven workflow doubles carbon capture performance of engineered biochar

Climate change presents a formidable global challenge. Developing efficient carbon capture and storage (CCS) technology is an effective way to mitigate…

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Climate change presents a formidable global challenge. Developing efficient carbon capture and storage (CCS) technology is an effective way to mitigate climate change. Carbon capture using biomass waste-derived engineered biochar is a promising avenue in CCS technology. However, optimal synthesis of engineered biochar is a time- and resource-intensive process. Researchers have now devised an active learning strategy that accelerates the development of high-performance engineered biochar with enhanced CO2 uptake.

Credit: Oregon Department of Forestry from flickr (https://www.flickr.com/photos/oregondepartmentofforestry/16637208254/)

Climate change presents a formidable global challenge. Developing efficient carbon capture and storage (CCS) technology is an effective way to mitigate climate change. Carbon capture using biomass waste-derived engineered biochar is a promising avenue in CCS technology. However, optimal synthesis of engineered biochar is a time- and resource-intensive process. Researchers have now devised an active learning strategy that accelerates the development of high-performance engineered biochar with enhanced CO2 uptake.

 

In a groundbreaking development, researchers have unlocked the potential of biomass waste-derived engineered biochar for unprecedented CO2 capture, paving the way for advanced climate change mitigation and sustainable waste management solutions.

Despite the recognized benefits of biochar in addressing environmental challenges, its optimal synthesis for enhanced performance has long been hindered by time- and labor-intensive processes. In response to this challenge, a team of experts has unveiled an innovative active learning strategy designed to guide and expedite biochar synthesis while significantly improving its CO2 adsorption performance.

The research team, led by Prof. Yong Sik Ok, Chair and Program Director of the APRU Sustainable Waste Management Program, collaborated with Prof. Xiangzhou Yuan from Southeast University, Prof. Javier Pérez-Ramírez from ETH Zurich, and Prof. Xiaonan Wang from Tsinghua University. Their approach leverages experimental data to recommend optimal synthesis parameters, focusing on maximizing the narrow micropore volume of engineered biochar—a key factor in its CO2 adsorption performance. This work, “Active Learning- Based Guided Synthesis of Engineered Biochar for CO2 Capture,” has been selected as a Front Cover, which is the featured cover in all ACS journal issues.

The active learning strategy was rigorously validated through experimental tests, with data iteratively leveraged for subsequent model training and revalidation. This iterative process, establishing a closed loop, resulted in the synthesis of 16 property-specific engineered biochar samples over three active learning cycles. Impressively, the CO2 uptake nearly doubled by the final round, showcasing the transformative impact of this data-driven approach.

The active learning strategy we employed not only expedites the synthesis of engineered biochar but also maximizes its CO2 adsorption capacities. This innovative approach has the potential to reshape the landscape of biomass waste-derived materials, offering a data-driven workflow for the development of high-performance biochar with broader applications,” says Prof. Ok.

This research introduces a pioneering data-driven workflow that not only accelerates the development of high-performance engineered biochar but also expands its applications as functionalized materials. The breakthrough holds significant promise for addressing climate change and advancing sustainable waste management practices, marking a crucial step towards a more environmentally conscious future.

The active learning cycles described in our research exemplify our dedication to innovative methodologies. It is through collaboration and a commitment to sustainable practices that we can drive meaningful change, as reflected in our recent publications in leading journals,” says Prof. Yuan.

In addition to publishing key articles in reputed journals, the team’s remarkable research portfolio includes a series of influential publications, each addressing critical issues and proposing innovative solutions:

  • “Machine learning for heavy metal removal from water: recent advances and challenges” – Published in ACS ES&T Water (2023, DOI: 10.1021/acsestwater.3c00215) and featured with a Supplementary Journal Cover, this manuscript explores the application of machine learning in addressing the removal of heavy metals from water sources, highlighting recent advancements and challenges in the field.
  • “Sustainability-inspired upcycling of waste polyethylene terephthalate plastic into porous carbon for CO2 capture” – Published in Green Chemistry (2022, DOI: 10.1039/d1gc03600a) and featured with a Front Cover and selected as a Highly Cited Paper (HCP), this paper delves into the upcycling of waste polyethylene terephthalate plastic into porous carbon materials, offering a sustainable solution for CO2 capture.
  • “Sustainable Food Waste Management: Synthesizing Engineered Biochar for CO2 Capture” – Published in ACS Sustainable Chemistry & Engineering (2022, DOI: 10.1021/acssuschemeng.2c03029) and featured with a Front Cover, this work upcycles food waste into high-performance engineered biochar for CO2 capture, indicating that a net negative global warming potential could be achieved using food waste-derived CO2 adsorbent from the life-cycle perspective.
  • “Applied Machine Learning for Prediction of CO2 Adsorption on Biomass Waste-Derived Porous Carbons” – Published in ES&T (2021, DOI: 10.1021/acs.est.1c01849) and featured with a Supplementary Journal Cover, this manuscript explores the application of machine learning techniques for predicting CO2 adsorption on biomass waste-derived porous carbons, offering insights into efficient carbon capture technologies.
  • “The COVID-19 pandemic necessitates a shift to a plastic circular economy” – Featured in Nature Reviews Earth & Environment (2021, DOI: 10.1038/s43017-021-00223-2), this publication underscores the urgency of transitioning to a plastic circular economy in response to the challenges posed by the COVID-19 pandemic.
  • “Dual closed-loop chemical recycling support sustainable mitigation of plastic pollution” – Presented in Matter (2021, DOI: 10.1016/j.matt.2021.03.014), this research outlines a dual closed-loop chemical recycling approach to supporting sustainable mitigation of plastic pollution, highlighting the importance of circular economy principles.

Prof. Ok, along with collaborators, including Prof. Xiangzhou Yuan from Southeast University, has been instrumental in driving these initiatives forward. Their collective efforts have not only advanced scientific knowledge but also paved the way for practical solutions to some of the most pressing environmental challenges of our time.

 

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Reference

DOI: https://doi.org/10.1021/acs.est.3c10922

 

About APRU Sustainable Waste Management Program

As a network of leading universities linking the Americas, Asia, and Australasia, APRU (the Association of Pacific Rim Universities) brings together thought leaders, researchers, and policy-makers to exchange ideas and collaborate toward practical solutions to combat the challenges of the 21st century. The APRU Sustainable Waste Management Program focuses on adopting environmentally friendly practices to manage waste effectively while minimizing its negative impacts on the environment and human health. It involves various strategies and approaches to reduce, reuse, recycle, and properly dispose of waste materials together with ESG concepts. Prof. Yong Sik Ok at Korea University serves as the Chair and Program Director of the program, co-directed by Prof. William Mitch at Stanford University. For more information, visit APRU Sustainable Waste Management Program’s website.

 

About Professor Yong Sik Ok

Professor Yong Sik Ok is a KU HCR Professor. He is the Chair and Program Director of the Sustainable Waste Management Program for the Association of Pacific Rim Universities (APRU) and the President of the International ESG Association and the International Society of Trace Element Biogeochemistry. He maintains a worldwide professional network by serving as the Editor-in-Chief of CleanMat (Wiley Open Access) and the Co-Editor-in-Chief of Critical Reviews in Environmental Science and Technology (CREST, five-year IF:13.6) at Taylor and Francis. Moreover, Prof. Ok has hosted many conferences and forums focusing on Sustainability, UN SDGs, and ESG. The recently concluded 6th Global Conference on ESG Management & Sustainability marked another milestone in Prof. Ok’s ongoing journey toward achieving sustainability and ESG goals together with Prof. Jay Hyuk Rhee (President, KU ESG Research Institute & President, International ESG Association) at Korea University Business School. Importantly, Prof. Ok will chair the 4th Australian Circular Economy Conference, scheduled to take place in Sydney, Australia, in October 2024, together with Prof. Ali Abbas, Director, Waste Transformation Research Hub and the Associate Dean Research, Faculty of Engineering, The University of Sydney.


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EM Debt 2024: Solid Beginnings

Emerging markets (EM) debt performed well in the first quarter of 2024, and we anticipate more of the same in the next quarter, thanks to a benign global…

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Emerging markets (EM) debt performed well in the first quarter of 2024, and we anticipate more of the same in the next quarter, thanks to a benign global macro backdrop, solid EM credit fundamentals, improving technical conditions, and still-decent valuations.

We continue to believe that there are attractive opportunities for investors to increase exposure to long-duration securities to lock in attractive real and nominal yields.

Despite strong performance this year, we also see selective value in high-beta, high-yield credit because we believe the global market environment will be conducive to its outperformance.

We also continue see scope for fundamental differentiation and prefer countries with easier access to multilateral and bilateral funding (including frontier and distressed credit).

Meanwhile, the corporate credit space continues to exhibit a combination of differentiated fundamental drivers, favorable supply technical conditions, and attractive relative valuations to select sovereign curves. We are seeking investment opportunities where corporate credit fundamentals and attractive spreads coincide. Short-maturity bonds have outperformed, but opportunities in longer bonds are appearing. We continue to focus on issuers with low refinancing needs, robust balance sheets, and positive credit trajectories.

Below, we break down some of our largest active positions by beta bucket, which is how we allocate our risk budget.

A View of the Potential Opportunities: Overweight/Underweight

High-Beta Bucket

In the high-beta bucket, our largest overweight positions are in Egypt, Ukraine, and Ghana, and our largest underweight positions are in Rwanda, Kenya, and Nigeria.

Egypt (overweight): Significant external financing—which was unlocked through the recently announced International Monetary Fund (IMF) package and foreign direct investment (FDI) deal—is more than adequate to meet Egypt’s needs. The external sector could also prove resilient following the sharp depreciation of the Egyptian pound. We also believe there is room for further spread compression toward peers in the high-beta bucket and curve steepening.

Ukraine’s potential restructuring could be more favorable to eurobond holders than previously anticipated.

Ukraine (overweight): We have increased our overweight based on a potential restructuring that we have interpreted as more favorable for eurobond holders than previously anticipated. Multilateral and bilateral support also remains strong.

Ghana (overweight): We believe the restructuring process is regaining momentum. The prospect of lower core rates and the rally in high-yield names could support recovery values.

Rwanda (underweight): Imbalances in the external sector and unattractive valuations make Rwanda vulnerable.

Kenya (underweight): Spreads have tightened to levels at which we believe there is better value in other high-beta names.

Nigera (underweight): Valuations are tight relative to peers.

Medium-Beta Bucket

In the medium-beta bucket, our largest overweight positions are in Ivory Coast, Guatemala, and Benin, and our largest underweight positions are in Bahrain, Romania, and Dominican Republic.

Ivory Coast (overweight): We believe valuations are favorable relative to peers. The country’s debt is also supported by strong fundamentals and support from development partners, including the IMF. We also believe Senegal’s peaceful post-election political transition will bolster confidence in the Ivory Coast’s political process ahead of its own elections next year.

Benin (overweight): We believe the country’s bonds will continue to be supported by strong fundamental performance and prudent macroeconomic policies. The country will also receive further support from the IMF under the Resilience and Sustainability Facility in late 2024.

Guatemala (overweight): Macroeconomic conditions are strong and valuations are attractive, and although President Bernardo Arévalo will likely face political obstacles, we believe strong leverage ratios and low fiscal deficits will keep Guatemala a strong credit.

Dominican Republic’s valuations are at their tightest levels since 2007.

Bahrain (underweight): Weak fiscal reform efforts, a deterioration in regional geopolitical risks, and tight valuations make us cautious.

Romania (underweight): We are concerned about deteriorating fiscal risks and political noise ahead of this year’s elections. Romania has already been a prolific issuer this year and is running the risk of an abundance of supply.

Dominican Republic (underweight): Although fundamentals continue to be among the strongest in the region, valuations are at their tightest levels since 2007.

Low-Beta Bucket

In the low-beta bucket, our largest overweight positions are in Saudi Arabia, Bermuda, and Paraguay and our largest underweight positions are in Poland, Uruguay, and Indonesia.

Saudi Arabia (overweight): Efforts to diversify the economy away from the energy sector remain largely on track. Oil prices are supportive of the current investment spend, and we see value in Saudi Arabia relative to some of its regional peers.

We believe Paraguay is on an improving fundamental trajectory.

Bermuda (overweight): Bermuda’s bonds have similar valuations to those of Peru and Chile, but we believe the country has a stronger fundamental trajectory with less institutional uncertainty.

Paraguay (overweight): Although Paraguay has lagged year-to-date, we believe the country is on an improving fundamental trajectory and has attractive valuations for the low-beta bucket.

Poland (underweight): Although the medium-term policy framework looks more favorable under the new government, we remain cautious near term due to an increase in political noise following last year’s elections.

Uruguay (underweight): Credit fundamentals in Uruguay remain strong, but bond prices have compressed materially since the COVID-19 pandemic, and we believe this results in limited scope for additional spread tightening.

Indonesia (underweight): Valuations are unappealing. The country’s fundamental outlook became murkier after presidential elections in February, and there is risk of fiscal slippage should the new government increase spending. In addition, a slowdown in the windfall from commodity exports and a persistently strong U.S. dollar could weaken external positions.

Marco Ruijer, CFA, is a portfolio manager on William Blair’s emerging markets debt team.

Want more insights on the economy and investment landscape? Subscribe to our blog.

The post EM Debt 2024: Solid Beginnings appeared first on William Blair.

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Popular national restaurant chain explores Chapter 11 bankruptcy

The chain has suffered since the Covid pandemic and it may need financial help to have a chance to survive.

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The Covid pandemic helped restaurant chains with the infrastructure needed to pivot to delivery, pickup, and drive-through. McDonald's, Domino's, and Chipotle thrived, for example, because they had been investing in technology for years.

Those chains also have food that people are used to eating at home. Traditional sit-down restaurants tried to make the pivot to delivery, but customers did not necessarily want to pay sit-down prices to eat at home and some food travels better than others.

McDonald's menu adds two new sandwiches nationwide

Related: McDonald's menu adds two new sandwiches nationwide

For some chains, the Covid lockdown period came with a huge slowdown in business. The recovery, in many cases, was also slow, and recent months have shown some Americans being less willing to dine out.

You can blame inflation or just general economic concerns but some chains have not recovered to the level necessary to service the added debt they took on during the shutdown period. Add in that labor prices have pushed higher and some food items cost more and it creates a very difficult operating situation.

Burger King lost hundreds of restaurants across multiple franchisees and Boston Market has dwindled to a handful of stores. Now, another huge national brand has hired a consulting firm to consider a possible Chapter 11 bankruptcy filing.

Some restaurant chains have continued to struggle.

Image source: Shutterstock

Red Lobster has struggled

Red Lobster has a proud history and, in many ways, it brought lobster and seafood to markets where it otherwise was only offered in fine-dining experiences.

"Before there was Red Lobster, there was Bill Darden, a man passionate about making delicious, high-quality seafood available and affordable to everyone, including people who lived far from the coast and regardless of race, gender, religion, or economic means. What was once a single, family-owned restaurant in Lakeland, Florida, now has over 700 locations around the world," the company shared on its website.

The chain has been owned by Thai Union Group, which wrote down its stake in the company earlier this year.

“During the past years, the combination of Covid-19 pandemic, sustained industry headwinds, higher interest rates and rising material and labor costs have impacted to Red Lobster business resulting in prolonged negative financial contributions to the company and its shareholders,” Thai Union said in a Jan. 16 media release. “...After detailed analysis, the board of directors has determined that Red Lobster’s ongoing financial requirements no longer align with our capital allocation priorities and therefore the company is pursuing an exit of the minority investment.”

Red Lobster considers its options

The seafood chain hurt its financial position by offering its popular all-you-can-eat shrimp meal for $20. That worked to increase traffic, but it was a money loser for the chain. That deal remains on the menu, but it now costs $25.  

It's a situation that has the chain looking for a lifeline.

"Red Lobster has been getting advice from law firm King & Spalding, said the people, who asked not to be identified discussing a private matter. The dining chain is considering a possible Chapter 11 filing to shed some long-term contracts and renegotiate a swath of leases, the people said," Bloomberg reported.

Fortress Investment Group, the company's top lender, has been involved in the Chapter 11 discussions, according to the news service. 

Red Lobster recently changed CEOs. Horace Dawson stepped down and retired. Jonathan Tibus, managing director of management consultant Alvarez & Marsal. Tibus is considered a turnaround expert who helped Kona Grill and Krystal through their Chapter 11 bankruptcy filings.

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Why Run?

Why Run?

“It’s the perfect sport for a pandemic,” The New York Times wrote in 2021, explaining the surge in popularity of running…

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Why Run?

“It’s the perfect sport for a pandemic,” The New York Times wrote in 2021, explaining the surge in popularity of running in the face of Covid-19 restrictions.

“All you need is a pair of shoes and a six-foot buffer from the next person,” the author Talya Minsberg described what she called a “back-to-basics exercise boom”.

With gym closures and restrictions on indoor activities and team sports, people turned to outdoor exercise as a safe and accessible way to stay active and maintain their physical and mental well-being.

Running offered a sense of freedom, a chance to escape the confines of home, and an opportunity to connect with nature amidst lockdowns and social distancing measures.

And while Covid-19 restrictions have long been lifted, many pandemic runners have kept at it, thanks to the addictive nature of a sport often belittled as boring and repetitive. According to a 2023 survey of roughly 4,000 active runners conducted by RunRepeat, almost 30 percent of the respondents started running during the pandemic.

So what is it that motivates runners to tie their laces several times a week? Beyond the immediate health benefits, the motivation to run often stems from a desire for personal challenge, stress relief and the pursuit of fitness goals. As Statista's Felix Richter shows in the chart below, based on survey data from Running USA, shows, staying in shape and healthy is by far the most-cited reason to run in the post-pandemic world, followed at quite some distance by stress relief and simply enjoyment.

You will find more infographics at Statista

Whether it's training for a race, improving cardiovascular health or simply enjoying the hypnotic rhythm of footfalls on pavement, running has become a cornerstone of many people's daily routines, fostering a global community united by a shared passion for movement, fresh air and athletic achievement.

Tyler Durden Wed, 04/17/2024 - 04:15

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