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The world's warming tropical wetlands are releasing more methane than ever before, research shows — an alarming sign that the world's climate goals are slipping further out of reach. A massive surge in wetlands methane — unaccounted for by national emissions plans and undercounted in scientific models — could raise the pressure on governments to make deeper cuts from their fossil fuel and agriculture industries, according to researchers. Wetlands hold huge stores of carbon in the form of dead plant matter that is slowly broken down by soil microbes. Rising temperatures are like hitting the accelerator on that process, speeding up the biological interactions that produce methane. Heavy rains, meanwhile, trigger flooding that causes wetlands to expand. Scientists had long projected wetland methane emissions would rise as the climate warmed, but from 2020 to 2022, air samples showed the highest methane concentrations in the atmosphere since reliable measurements began in the 1980s. Four studies published in recent months say that tropical wetlands are the likeliest culprit for the spike, with tropical regions contributing more than 7 million tonnes to the methane surge over the last few years. "Methane concentrations are not just rising, but rising faster in the last five years than any time in the instrument record," said Stanford University environmental scientist Rob Jackson, who chairs the group that publishes the five-year Global Methane Budget, last released in September. Satellite instruments revealed the tropics as the source of a large increase. Scientists further analyzed distinct chemical signatures in the methane to determine whether it came from fossil fuels or a natural source — in this case, wetlands. The Congo, Southeast Asia and the Amazon and southern Brazil contributed the most to the spike in the tropics, researchers found. Data published in March 2023 in Nature Climate Change shows that annual wetland emissions over the past two decades were about 500,000 tonnes per year higher than what scientists had projected under worst-case climate scenarios. Capturing emissions from wetlands is challenging with current technologies. "We should probably be a bit more worried than we are," said climate scientist Drew Shindell at Duke University, The La Nina climate pattern that delivers heavier rains to parts of the tropics appeared somewhat to blame for the surge, according to one study published in September in the journal Proceedings of the National Academy of Sciences. But La Nina alone, which last ended in 2023, cannot explain record-high emissions, Shindell said. For countries trying to tackle climate change, "this has major implications when planning for methane and carbon dioxide emissions cuts," said Zhen Qu, an atmospheric chemist at North Carolina State University who led the study on La Nina impacts. If wetland methane emissions continue to rise, scientists say governments will need to take stronger action to hold warming at 1.5 C (2.7 F), as agreed in the United Nations Paris climate accord. WATER WORLD Methane is 80 times more powerful than carbon dioxide (CO2) at trapping heat over a timespan of 20 years, and accounts for about one-third of the 1.3 degrees Celsius (2.3 F) in warming that the world has registered since 1850. Unlike CO2, however, methane washes out of the atmosphere after about a decade, so it has less of a long-term impact. More than 150 countries have pledged to deliver 30% cuts from 2020 levels by 2030, tackling leaky oil and gas infrastructure. But scientists have not yet observed a slowdown, even as technologies to detect methane leaks have improved. Methane emissions from fossil fuels have remained around a record high of 120 million tonnes since 2019, according to the International Energy Agency's 2024 Global Methane Tracker report. Satellites have also picked up more than 1,000 large methane plumes from oil and gas operations over the past two years, according to a U.N. Environment Programme report published on Friday, but the countries notified responded to just 12 leaks. Some countries have announced ambitious plans for cutting methane. China last year said it would strive to curb flaring, or burning off emissions at oil and gas wells. President Joe Biden's administration finalized a methane fee for big oil and gas producers last week, but it is likely to be scrapped by the incoming presidency of Donald Trump. The Democratic Republic of Congo's environment minister Eve Bazaiba told Reuters on the sidelines of the U.N. climate summit COP29 that the country was working to assess the methane surging from the Congo Basin's swampy forests and wetlands. Congo was the largest hotspot of methane emissions in the tropics in the 2024 methane budget report. "We don't know how much [methane is coming off our wetlands]," she said. "That's why we bring in those who can invest in this way, also to do the monitoring to do the inventory, how much we have, how we can also exploit them."At The Money: Optimizing Personal Health in Finance
NEW BRITAIN, Conn. — Elijah Howard ran for 110 yards and scored two touchdowns, the Central Connecticut defense made seven interceptions and the Blue Devils beat Duquesne, 21-14, on Saturday to claim the Northeast Conference’s automatic bid to the FCS playoffs. Howard provided the game-winning score by running it in from the 6, then threw the 2-point conversion to quarterback Brady Olson to cap the scoring with 13:44 left in the fourth quarter. The defense for the Blue Devils (7-5, 5-1) sealed the game when it stymied the Dukes (8-3, 5-1) on their final three possessions. Following Central Connecticut’s last touchdown, Jalen Howard sacked Darius Perrantes on Duquesne’s first play and forced a fumble that the Blue Devils recovered. Central Connecticut failed to add to the lead when Jack Barnum missed a 40-yard field, but Duquesne turned it back over when Perrantes threw an end zone pick. The Blue Devils punted after six plays, but, again, Duquesne saw another drive end with a Perrantes interception. Perrantes threw seven interceptions with three going to Christopher Jean, a pair to Davone Walden Jr. and one each to Deon McLean and Vincent Thomas. Duquesne secured at least a share of the NEC title for a conference record seventh time in program history with last week’s win over Wagner. It was the second straight year the Dukes played a winner-take-all game for the NEC automatic bid on the road in the final week of the regular season. Last year they beat Merrimack, 26-14, to win the NEC title outright.
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Nick Kyrgios has described Jannik Sinner and Iga Swiatek’s positive doping tests as “disgusting” ahead of his return to tennis. The controversial Australian has played only one match in more than two years because of injury but that has not stopped him being an outspoken presence on social media during a difficult few months for the sport. First it was announced in August that Sinner had failed two doping tests in March but was cleared of fault, while in November Swiatek was handed a one-month ban for a failed test caused by contaminated medication. Feels good getting these consecutive days training in the bank man.... Wrist re construction and back out here... blessed..................Without failing any drug tests 🙂↕️🙏🏽 be proud kygs doing it the right way 😩😂 — Nicholas Kyrgios (@NickKyrgios) Kyrgios has been particularly vociferous in his criticism of Sinner, who could yet face a ban after the World Anti-Doping Agency appealed the finding of no fault or negligence in his case. At a press conference ahead of the Brisbane International, Kyrgios told reporters: “I have to be outspoken about it because I don’t think there’s enough people that are speaking about it. I think people are trying to sweep it under the rug. “I just think that it’s been handled horrifically in our sport. Two world number ones both getting done for doping is disgusting for our sport. It’s a horrible look. “The tennis integrity right now – and everyone knows it, but no one wants to speak about it – it’s awful. It’s actually awful. And it’s not OK.” Kyrgios initially underwent knee surgery in January 2023, returning to action in June of that year, but he played only one match before pulling out of Wimbledon due to a torn ligament in his right wrist. He has not played a competitive match since, and it appeared doubtful that he would be able to return, but the 29-year-old will make his comeback in Brisbane this week. Kyrgios will take on France’s Giovanni Mpetshi Perricard in singles, while he will also team up with Novak Djokovic in a blockbuster doubles pairing. “It’s good to be back,” said Kyrgios. “I honestly never thought I’d be back playing at this level. Even entering an event like this, preparing, doing all the right things. “I’m really excited to just go out there and play, just play tennis. I saw Novak in the gym, playing doubles with him, a lot to be excited about that I’m able to get out there and compete again.” Asked whether he could get back to the same level that saw him reach the Wimbledon final in 2022, Kyrgios said: “I still believe I can, whether or not that’s factual or not. There was another player who was like, ‘You have to be realistic’. That’s not how I am. I always back my ability.” The new tennis season is already under way, with the United Cup team event beginning on Friday. Great Britain, who are weakened by the absence of Jack Draper through injury, begin their campaign against Argentina in Sydney on Monday before facing hosts Australia on Wednesday. That could pit Katie Boulter against fiance Alex De Minaur, with the pair having announced their engagement last week. “Obviously some incredible news from our side, but I think we kind of wanted it to die down a little bit before matches started,” said Boulter of the timing. “My private life is out in the public a little bit at the moment. But, in terms of the stuff that I’m doing on the court, I’ll be doing the best I can every single day to stay in my own little bubble.” Billy Harris has taken Draper’s place, with the British number one facing a race against time to be fit for the Australian Open because of a hip problem. Emma Raducanu is the sixth seed at the ASB Classic in Auckland and will begin her season with a match against Robin Montgomery, while Cameron Norrie takes on another American, Learner Tien, at the Hong Kong Open.GSA Capital Partners LLP decreased its position in shares of Klaviyo, Inc. ( NYSE:KVYO – Free Report ) by 56.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,815 shares of the company’s stock after selling 12,495 shares during the period. GSA Capital Partners LLP’s holdings in Klaviyo were worth $347,000 at the end of the most recent quarter. Several other hedge funds have also recently bought and sold shares of KVYO. Bank of New York Mellon Corp increased its holdings in shares of Klaviyo by 677.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,762,128 shares of the company’s stock valued at $68,749,000 after acquiring an additional 2,406,973 shares during the last quarter. Glynn Capital Management LLC increased its holdings in shares of Klaviyo by 19.7% in the 2nd quarter. Glynn Capital Management LLC now owns 1,363,768 shares of the company’s stock valued at $33,944,000 after acquiring an additional 224,461 shares during the last quarter. Claro Advisors LLC increased its holdings in shares of Klaviyo by 38.7% in the 2nd quarter. Claro Advisors LLC now owns 1,280,035 shares of the company’s stock valued at $31,860,000 after acquiring an additional 357,355 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Klaviyo by 53.6% in the 2nd quarter. Millennium Management LLC now owns 1,120,485 shares of the company’s stock valued at $27,889,000 after acquiring an additional 390,849 shares during the last quarter. Finally, Mayflower Financial Advisors LLC increased its holdings in shares of Klaviyo by 181.4% in the 3rd quarter. Mayflower Financial Advisors LLC now owns 684,948 shares of the company’s stock valued at $24,233,000 after acquiring an additional 441,500 shares during the last quarter. Institutional investors and hedge funds own 45.43% of the company’s stock. Klaviyo Price Performance KVYO stock opened at $36.87 on Friday. The company has a 50 day moving average price of $36.26 and a 200 day moving average price of $29.56. Klaviyo, Inc. has a fifty-two week low of $21.26 and a fifty-two week high of $41.00. The stock has a market capitalization of $9.94 billion, a PE ratio of -204.82 and a beta of 1.13. Wall Street Analysts Forecast Growth A number of research analysts have recently commented on the company. Piper Sandler increased their price objective on Klaviyo from $34.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Needham & Company LLC raised their price target on Klaviyo from $40.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Canaccord Genuity Group raised their price target on Klaviyo from $32.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Stifel Nicolaus assumed coverage on Klaviyo in a research note on Tuesday, October 22nd. They set a “buy” rating and a $45.00 price target on the stock. Finally, Benchmark dropped their price target on Klaviyo from $42.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, Klaviyo presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.00. Get Our Latest Stock Report on Klaviyo Insiders Place Their Bets In other Klaviyo news, CFO Amanda Whalen sold 10,000 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $29.72, for a total value of $297,200.00. Following the transaction, the chief financial officer now directly owns 422,813 shares of the company’s stock, valued at $12,566,002.36. This represents a 2.31 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CTO Allen Chaves sold 130,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $31.85, for a total transaction of $4,140,500.00. The disclosure for this sale can be found here . Insiders have sold 376,033 shares of company stock valued at $12,190,812 in the last three months. 53.24% of the stock is currently owned by corporate insiders. Klaviyo Company Profile ( Free Report ) Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure. Further Reading Want to see what other hedge funds are holding KVYO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Klaviyo, Inc. ( NYSE:KVYO – Free Report ). Receive News & Ratings for Klaviyo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klaviyo and related companies with MarketBeat.com's FREE daily email newsletter .