Friday, February 12, 2021

BioNTech starts vaccine production at new site in Germany

Vaccine developer BioNTech has launched production of the COVID-19 vaccine it developed with US giant Pfizer at a new plant in the German town of Marburg. The facility could significantly boost the EU's vaccine supply.



The company wants to produce 250 million jabs in the first half of 2021

On Wednesday, the German vaccine maker BioNTech on Wednesday announced that it had started production at its new facility in the town of Marburg, a development that it is hoped might significantly boost the European Union's vaccine supply.

The company reported that it had already begun making the active ingredient of the BioNTech-Pfizer jab.

"We started the manufacturing process at the Marburg facility with the execution of the first step: the production of mRNA, which is the active pharmaceutical ingredient," BioNTech announced in a statement.

After purification, according to the company, lipids are to be added to form lipid nanoparticles — the delivery vehicle for the drug. The purified and concentrated product will then be transported to a "production partner" site for completion under sterile conditions, BioNTech reported.

Watch video 12:06 Focus on gene vaccines in fight against COVID-19

The main EU plant for production of the vaccine is Pfizer's factory in Puurs, Belgium.

BioNTech plans to produce up to 250 million doses of the COVID-19 vaccine in Marburg in the first half of 2021.

The European Medicines Agency (EMA) is expected to carry out its first quality checks on the medical products from the site in February or March.

"The first vaccines produced at the Marburg site are expected to be delivered at the beginning of April," BioNTech said.
Trouble with the EU

BioNTech announced in mid-January that shipments of the jabs for the EU would be delayed because of necessary modifications at the Puurs factory.

The news took the bloc — now under fire over its sluggish vaccine rollout— by surprise. The company said in early February it would meet its contractual commitments for the first quarter and pledged to send up to 75 million extra doses to the EU in the spring.

Watch video 06:35 Coronavirus vaccines: Can we stay ahead of the variants?

Brussels has ordered a total of 600 million doses of the so-called Comirnaty vaccine from BioNTech and Pfizer.

BioNTech said it expected the site in Marburg, some 75 kilometers (almost 50 miles) north of Frankfurt, to become "one of the largest mRNA manufacturing sites in Europe." The expected annual production capacity, it said, would be 750 million doses.

To ramp up the scope for vaccine production, BioNTech bought the Marburg plant from Swiss drugs giant Novartis last year. It retained some 300 employees already working there.

China's Tianwen-1 enters Mars orbit

A day after the UAE's Hope probe entered into orbit around Mars, China has followed suit. The Tianwen-1 craft arrived on time, ahead of Friday's Lunar New Year celebrations. In May, the probe will land a rover on Mars.

Tianwen-1's lander will descend to the red planet in May

Space missions are never easy, whether you're sending astronauts a mere 400 kilometers (248 miles) up to the International Space Station, or communications satellites a few thousand kilometers up. Things can and do go wrong.

Mars missions are the next level. The planet is farther away, and harder to get to as a result.

But, a day after the UAE's Emirates Mars Mission successfully delivered its Hope probe into orbit around Mars, China has also arrived.

The Tianwen-1 spacecraft entered into orbit around Mars on Wednesday, seven months after launching from Earth and traveling 450 million kilometers.

As with the UAE's Hope probe, the Tianwen-1 spacecraft conducted a "braking" operation to decelerate its speed so that it could be captured by Mars' gravity and avoid overshooting its target or crashing into it.

Tianwen-1 launched on July 23, 2020, riding on a Chinese Long March 5 rocket

So it's perhaps with good reason that China did not announce an exact arrival time, or stream the operation live as the UAE did on Tuesday.

As the AP news agency put it ahead of the operation: "Chinese authorities, always cautious about possible failure, have not announced a planned arrival time."

Indeed, all they said in advance was that the spacecraft was on track to arrive before the Lunar New Year on Friday.

On the previous Friday, February 5, Tianwen-1 performed a fourth "orbital correction" maneuver. That was necessary to make sure that the spacecraft would be ready for its arrival in orbit, according to the China National Space Administration.

Tianwen-1's Mars mission


The goal of Tianwen-1 is to survey the atmosphere from orbit over a two-year period.

About 4 billion years ago, the atmosphere of Mars changed and liquid water evaporated. But scientists don't know why. There may be deposits of water underground, known as subsurface water.

So the mission is intended to go deeper than the Hope probe will. It is scheduled to land a rover on the surface of Mars in May.

A precise location has not been named, but the mission controllers have been looking at the southern part of a region called Utopia Planitia.

The solar-powered rover is expected to operate for a few months, looking for subsurface water — signs of life below the surface of the planet.

It will be roving Mars along with American landers, such as NASA's Mars 2020 Perseverance rover and its accompanying Ingenuity helicopter

Instruments on the probe and rover


Tianwen-1's orbiter, or probe, is carrying 13 "payloads." A payload can be a communications or Earth observation satellite, but in this case the payload is the mission's instruments.


Tianwen-1 includes a probe that will orbit Mars and a lander that will search for subsurface water on the planet


For instance, there's a remote sensing camera and a ground penetrating radar.

Once the lander and rover detach from the probe and land on the surface of Mars, additional instruments include a subsurface penetrating radar (SPR).

As the name suggests, the SPR's main scientific objective is to investigate the Martian soil below the surface of the planet to determine its thickness and make-up.

The rover weighs around 200 kilograms (about 440 pounds). As it will be powered by solar panels, power would be impeded by a landing in the planet's northern hemisphere — landing at the equator is better for solar power.

It will investigate the ground with radar, perform chemical analyses on the soil, and look for biomolecules and biosignatures.

Race to return Martian rock

It's been reported that if it succeeds in landing a rover on Mars, China will become only the second nation to do so. But that's not strictly true.


On February 9, 2021, the UAE's Hope Probe entered Martian orbit.


It is true that many have tried and failed, including European and Japanese missions. It is also true that the United States is the only country to have a relatively consistent track record of landing rovers on Mars, independently.

But the Americans do also collaborate on missions. The InSight mission, for instance, is an in-situ laboratory investigating seismic activity on Mars. And that would not have been possible without European engineering.

NASA is also working with the European Space Agency on developing sample return missions to bring the first pristine samples from Mars back to Earth. The US Mars 2020 Perseverance rover, which is due to land on February 18, is seen as a first step towards that goal.

But the Americans and Europeans will have to hurry, because they are not alone now. China sees its own mission, Tianwen-1, as a step towards future missions that would also bring back rock and soil samples from Mars to Earth.


INSIGHT MARS LANDER MOMENTS
NASA scientists jump for joy
InSight is a $1 billion international project. It includes a German mechanical mole that will burrow down 16 feet (5 meters) to measure Mars' internal heat. The lander also has a French seismometer for measuring quakes, if they exist on our smaller, geologically calmer neighbor. Because of the distance between Earth and Mars, it took eight minutes for confirmation to arrive. PHOTOS 12345


 

AFRICA

Cabo Verde: Painting to protect the sea

Residents of the Terra Branca neighborhood in the city of Praia have painted their houses with images of marine animals. They want to raise awareness about the need to preserve the sea.

Trump-loving prophets in crisis after their predictions fail to pan out: report

Sky Palma RAW STORY
February 11, 2021


(Shutterstock.com)

Throughout Donald Trump's presidency, a movement within the evangelical community that cast him as a savior sent by God grew their own immense following. Within that movement was a faction of self-described "prophets" who spewed QAnon-adjacent conspiracy theories and predictions that Trump would resume the mantle of his presidency -- even after it was clear that Joe Biden would be inaugurated.

Now, according to the New York Times' Ruth Graham, their movement is in crisis as more and more people -- even within their ranks -- are taking note of their failed prophecies.

One of those prophets was Jeremiah Johnson, who was one of Trump's earliest supporters within the evangelical movement. Johnson garnered a following of hundreds of thousands of people who believed wholeheartedly his predictions about such topics as the coronavirus pandemic, the makeup of the Supreme Court, and other debated social issues. "And they took comfort ahead of the presidential election last fall when Mr. Johnson shared a prophetic dream of Mr. Trump stumbling while running the Boston Marathon, until two frail older women emerged from the crowd to help him over the finish line," Graham writes.

When Biden was inaugurated, Johnson admitted to his followers that he was wrong. But both followers and leaders alike within the prophetic movement are still standing by the predictions.

"The backlash to Mr. Johnson's apology was immediate," writes Graham. "On Facebook, he reported that he received 'multiple death threats and thousands upon thousands of emails from Christians saying the nastiest and most vulgar things I have ever heard toward my family and ministry.' He also said he had lost funding from donors who accused him of being 'a coward, sellout, and traitor to the Holy Spirit.'"

But as Graham points out, the popularity of self-appointed prophets shows no signs of waning.

"There's this idea that you can't trust anybody except these trusted individuals," said Brad Christerson, a sociologist at evangelical Biola University. "It's a symptom of our time. People don't trust institutions, and people think that all mainstream institutions are corrupt: universities, science, government, the media. They're searching for real sources of truth."

Read the full report over at The New York Times. BEHIND PAYWALL
Trump's pathology infects the millions who follow him -- and this narcissistic symbiosis could grow even worse

Bandy X. Lee, DC Report @Raw Story
February 11, 2021




In 2017, Dr. Judith Herman and I stated in The Dangerous Case of Donald Trump: 37 Psychiatrists and Mental Health Experts Assess a President: "Power not only corrupts but also magnifies existing psychopathologies, even as it creates new ones."

We warned of an authoritarian cult of personality and growing contempt for the rule of law, which would spread throughout the culture unless stopped. Donald Trump's presidency was dangerous not because of his individual afflictions but his capacity, as president, to amplify and exacerbate society's defects, especially if he faced no accountability.


To the end of his presidency, he was not contained or held accountable. The American Psychiatric Association advanced a perverse version of "the Goldwater rule" to silence expert alarms, the way the Department of Justice revived a controversial internal Office of the Legal Counsel memo to place a president above the law. As a result, Donald Trump may have left the office of the presidency, but "Trumpism" not only continues but flourishes. As the House managers in the impeachment trial have reminded us with their effective use of videos of the Capitol insurrection, the Trump infection, once spread, manifests in deadly, violent behavior.


JOYFUL MEMORIES FROM TRUMPS YOUTH


Donald Trump may have left the office of the presidency, but 'Trumpism' not only continues but flourishes.

We have already seen copycats arising everywhere in lesser positions. Marjorie Taylor Greene, a newly-elected Republican representative from Georgia, has shocked many with her brazen promotion of dangerous QAnon conspiracy theories and endorsement of violence, including execution, against Democrats.

Even while being stripped of her committee assignments, she responded with defiance: "I woke up … laughing thinking about what a bunch of morons the Democrats are for giving someone like me free time." Rep. Lauren Boebert (R-Colo.) is a similar personality, having flaunted her carrying a pistol in violation of the District of Columbia's anti-gun laws, argued for the right to bring firearms onto the House floor, and on Jan. 6 tweeted about the whereabouts of the House Speaker Nancy Pelosi (D-Calif.), as the insurrectionists were actively looking for her in the Capitol.



Lack of Accountability

For mental health experts who have been warning against these dangers for years, this behavior is only expected: criminal minds see lack of accountability as a green light. Lesser examples of emboldened behavior include Capitol riot suspect Jenny Cudd asking to leave the country on vacation, while Kenosha, Wis., shooter Kyle Rittenhouse is not only out on bond but changing his address without permission and making it difficult for the authorities to find him

A dangerous president has shown that he absorbs a powerful message when an OLC memo protects all criminality, including those that threaten national security, or that "the Goldwater rule" silences all criticism, even when doing so endangers public health. Trump came to believe he could even destroy democracy to stay in power.

Disabling any kind of intervention, therefore, not only kept a problem from being solved, but enabled it. Allowing a criminally-minded and mentally-impaired person to continue in the presidency for four years has sent a powerful message to similar personalities as Greene or Boebert: that elected office could serve as a cover for lawlessness or incapacity. We as a society have mobilized delusions of grandeur, impunity, and omnipotence as a legitimate way of warding off intolerable inner feelings of inadequacy, inferiority, and powerlessness.



Epidemic of Violence

As a specialist in public health approaches to violence prevention, it is not difficult for me to see that these are the conditions for epidemics of violence, including the increasing rate of violence among women. Violence is not an issue of individual mental illness but of societal disorder, and the conditions that encourage violence are well-known.

While violence is the end-product of a long process, a lack of political will—or even the use of violence as a political tool for amassing power—has hampered prevention. Instead, our nation has fostered and propagated it. It is now remarkable that a former president's act of insurrection, sedition and even treason, according to some Constitutional scholars, will likely remain without conviction because of the physical threats his followers pose for senators who might vote in favor of it.
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In my first public-service book, I emphasized that he would grow more dangerous with time, and that, without intervention, his dangers would eventually spiral beyond control. Our failure to contain him and his followers has created a "silent pandemic" that contributes to other societal mental health problems, including a worsening of the viral pandemic itself, as well as drug addiction, depression, suicides, and homicides. In my most recent book, Profile of a Nation: Trump's Mind, America's Soul, I outline two major dynamics that are a consequence of allowing Donald Trump's pathologies to spread.


Wounded Leader


"Narcissistic symbiosis" is one, referring to the magnetic collusion that happens when a narcissistically wounded leader and followers meet. The leader, hungry for adulation that can compensate for an inner sense of inadequacy and worthlessness, projects grandiose omnipotence, while the followers, who are needy from societal stress or developmental injury, yearn for a parent figure whom they can emulate.

Such bonds make "shared psychosis," also called "folie à millions" ("madness among millions") at the national level, more likely to occur. Shared psychosis refers to the infectiousness of severe symptoms that goes beyond rational strategy or ordinary group psychology. When a highly symptomatic individual is granted an influential position with prolonged exposure to the public, conditions are set for the person's symptoms to spread. Delusions, paranoia, or violence-proneness transmit to previously healthy individuals especially powerfully. The treatment is the removal of exposure, as we have seen with the dramatic fall of approval ratings following the ban of Donald Trump from various social media platforms.


Disordered Thinking


This is not the end, however, and "the ecology" must change. The culture needs to stop normalizing, legitimizing, and glorifying disordered thinking, for once it is admitted into the mainstream, it will not go away or give up power easily, and is not amenable to facts or logical persuasion. As stated at our recent National Town Hall, we must convict, set limits on violent behavior, and return society to justice, order, and reality. We must also address the socioeconomic conditions that gave rise to poor collective mental health in the first place by reducing economic, racial, and gender inequalities.

Once an individual or a group succumbs to pathology, it is characteristic to make further maladaptive choices that descend one further into sickness. One such choice may be to use violence to ward off narcissistic needs or challenges against one's cherished delusions. This is why prevention, before resistances develop, is important. Mental health professionals who understand pathological dynamics need to engage actively with social scientists, policymakers and politicians for urgently needed interventions

REICHIANS KNOW THIS AS THE EMOTIONAL PLAGUE DISCUSSED IN WILHELM REICHS WORKS; LISTEN LITTLE MAN, THE MURDER OF CHRIST AND THE MASS PSYCHOLOGY OF FASCISM
Case dismissed against New York cops who pushed elderly man to the ground and gave him a brain injury

Sarah K. Burris
February 11, 2021

Buffalo Police with man bleeding from the Ear (Screen Capture)

During a protest in Buffalo, New York, 75-year-old Martin Gugino, a faithful peace activist and Catholic church volunteer, was shoved to the ground by police officers and was knocked unconscious. 

 HE IS AN AN ANARCHIST PACIFIST WITH THE CATHOLIC WORKERS MOVEMENT

The incident was filmed and posted online showing Gugino bleeding from his ears and ultimately "sent him to the hospital for a month to recover from a brain injury and a fractured skull," said USA Today last August.

Now, according to the New York Daily News, the charges against the two officers who shoved the man, are being dismissed.

"Buffalo Police Department officers Robert McCabe and Aaron Torgalski had faced felony charges" for their actions against the man, "fracturing his skull and causing him to bleed from his head."

Erie County District Attorney John Flynn said at a press conference Thursday, that the video of the crime was enough for him to bring charges, but the grand jury refused to bring it to trial

CHLORINE AND WATER ARE IN THE AIR IN MARTIAN SUMMERTIME

Two studies of the Martian atmosphere are changing the way we think about its current climate and its ancient

An artist's concept of the ExoMars Trace Gas Orbiter
 firing its main engines.
ESA / ATG-Media Lab


A pair of investigations using data from the ExoMars Trace Gas Orbiter (TGO, a joint European Space Agency and Roscosmos mission) are adding to our understanding of the interactions between the Red Planet’s surface and atmosphere.

The first study concerns the detection of hydrogen chloride (HCl) gas, whose origins are still unknown. On Earth, this molecule is derived mainly from seawater. Finding it on Mars has been one of the longstanding goals of the TGO science team, because it can also be a sign of geological activity.

The second study identifies rapid variability in the ratio of variants of hydrogen atoms at different altitudes, providing new insights into how much water has been lost to space over time, and how this changes across the planet depending on climate, geography, and reservoirs (like the poles and the water found in the regolith).

Both studies, published in the February 10th Science Advances, found seasonal variations in their detections, providing a fuller picture of both the current climate in the planet’s southern hemisphere and the evolution of the Martian environment over time.

FOLLOW THE WATER — AND THE SALT


The water team, led by Geronimo Villanueva (NASA Goddard), used infrared spectroscopy to map out the abundance of water, water-based ice, and dust both across the surface and upwards, through the atmosphere.

The scientists kept an eye in particular on the ratio of deuterium — a heavier form of hydrogen with an extra neutron — to regular hydrogen, which contains only a proton in its nucleus. Measuring the deuterium-to-hydrogen ratio (D/H) on Mars helps estimate how much water the planet used to have, but we can’t get a good global average until we know how much it actually varies by place and time

.
These videos from the Mars Color Imager camera onboard 
NASA's Mars Reconnaissance Orbiter show how dust enveloped
 the planet during the summer of 2018.
NASA / JPL-Caltech / MSSS

As Villanueva and his colleagues observed major weather events — including a global dust storm, an intense local storm, and the seasonal migration of water from the ice cap in the southern summer as it thawed — they watched the D/H ratio vary significantly from latitude to latitude.

High up they also saw lots of deuterium, hinting that lighter hydrogen might escape more easily. This finding supports previous detections of high D/H ratios compared to Earth, one of the reasons people think Mars used to be much wetter.

They also saw D/H spikes during the summer, which would make sense if deuterium captured in the polar ice caps were released as they melted — it could then be lofted up into the atmosphere during the seasonal storms.

“When water is exposed to the upper atmosphere and to space, some is lost, some is changed,” Villaneuva explains. “The ratio of regular water to heavy water in the atmosphere is interesting to us, because it can tell us a bit of a planet’s history.”

The team studying hydrogen chloride, led by Oleg Korablev (Space Research Institute, Russia), also used spectroscopy to find hydrogen chloride gas. Hydrogen chloride had been predicted on Mars, but never seen before. Villanueva’s team corroborated these observations during the aforementioned global dust storm, during which the scientists verified the gas’s presence while taking the water ratio measurements.

The exact process that creates hydrogen chloride is unknown. One mechanism could be surface dust that’s rich in chloride minerals, like salt (NaCl), interacting with water. But volcanic activity could also make the gas

.
This graphic describes a possible new chemistry cycle on Mars 
following the discovery of hydrogen chloride in the Martian 
atmosphere by the ExoMars Trace Gas Orbiter.
ESA

CHEMISTRY IS HISTORY

NASA’s Phoenix lander revealed perchlorates, a chlorine-based salt, in the Martian regolith a decade ago, and the discovery of hydrogen chloride could explain where all those salts came from.

“One of the leading theories is that ancient Mars had lots of active volcanoes releasing hydrogen chloride into the atmosphere,” Kevin Olsen (Oxford University, UK) explains. “We are seeing a seasonal creation of hydrogen chloride from the surface chlorine, which has implications about the whole cycle.”

David Catling (University of Washington), who was involved with the original detection of perchlorates, agrees: “I would speculate that perchlorate might be generated continually from the hydrogen chloride, and that we don’t need to invoke past volcanic sources of chlorine.”

The polar ice cap at the Martian south pole, shown here in a Mars Express image, is one kind of water reservoir that's interacting with the atmosphere on a seasonal basis as water freezes and sublimates over the course of a trip around the Sun.
ESA/DLR/FU Berlin / Bill Dunford

These studies leave a lot of open questions, all of which impact the past and present state of Mars’s surface — and its future habitability for human settlers. The highly variable D/H ratios might indicate how key reservoirs — like the polar ice caps and the ice-rich regolith — influence the climate, and vice versa in the planet’s water cycle, but more information is needed to be sure. And while the observation of a never before-seen-halogen, hydrogen chloride, is important, we also want to know how it is being produced.

“Going forward we need to model the chemistry of the atmosphere,” Olsen says. At the moment no one knows exactly how the hydrogen chloride gas is interacting with other gases and particulates in the air. “Dedicated laboratory studies will also help to show that the predicted chemistry is actually plausible.”

The water team has a similar need for better, more detailed atmospheric models. “The moral of the story is that we have more to learn before we can infer what the true isotopic ratios of the reservoirs are,” Villanueva says.

Shell under pressure as net zero plan disappoints investors and campaigners

Tom Belger Finance and policy reporter
Thu, 11 February 2021, 
Shell stocks dipped on Thursday. Photo: Rafael Henrique/SOPA/LightRocket via Getty

Shares in energy giant Royal Dutch Shell (RDSB.L) slid on Thursday, as its plan to reach net zero emissions left investors and climate campaigners disappointed.

The company pledged to be carbon-neutral by 2050, and outlined a series of new plans and targets to help limit its contribution to climate change. It said more than 16,500 staff’s pay was linked to its emissions reduction targets, and will invest in an extra 25 million tonnes a year of carbon capture and storage capacity by 2035.

It vowed to “rebalance” its portfolio towards a transition to cleaner energy, saying total carbon emissions peaked in 2018 and oil production in 2019. Renewable electricity provision will be doubled by 2030, and Shell hopes for a “double-digit share” of global clean hydrogen sales.

Shell will spend between $2bn (£1.4bn) and $3bn a year on “renewables and energy solutions” as part of its net-zero drive.

The plans were welcomed by the Church of England, which has sought to pressure energy companies to greater action on emissions through its pension fund.

READ MORE: Oil prices higher as OPEC+ curbs supply

Adam Matthews, ethics and engagement director of its pensions board, said Shell’s net-zero target was “industry-leading and comprehensive.” The commitment includes oil and gas produced by others but sold by Shell.

But investors appeared less satisfied by the proposals, with Shell stocks sinking 1.8% in morning trading on the London Stock Exchange.

Spending no more than $3bn annually on cleaner energy sources “seems a low number percentage wise” compared with spending in other areas, said Michael Hewson, chief analyst at CMC Markets UK. He noted total annual capital expenditure added up to $20bn.

WATCH: Shell profits sink to 20-year low




Russ Mould, investment director, at AJ Bell, noted it would invest around twice as much in gas and chemicals and four times as much in oil and gas as renewables.

“Shell saying that its oil production has peaked is a major turning point for the business. However, some people will be surprised that it isn’t being more aggressive with its move towards renewable energy,” he said.


He said the company had “lost a lot of fans” by slashing its dividend last year, but also risked losing further investor interest to other greener companies.

READ MORE: Shell stocks fall despite reintroducing dividend

On the 2050 target, Mould added: “We’re living in a world that demands businesses be environmentally friendly today, not long in the future.”

The company also faced fiercer criticism from environmental campaign group Greenpeace.

“Shell’s climate plan’ is outrageously inadequate. A climate plan that doesn't involve slashing oil production & serious investment in renewables is a plan to keep the status quo not for the major changes we need to tackle the climate emergency,” it said in a statement.


“This just goes to show that we can't rely on oil companies to make the changes we need - the government needs to step in to make sure we have a proper plan to move away from fossil fuels & transition workers into green jobs.”
Stonehenge: Did the stone circle originally stand in Wales?

Stonehenge was built over many hundreds of years, with work beginning in the late Neolithic Age, around 3000 BC


One of Britain's biggest and oldest stone circles has been found in Wales - and could be the original building blocks of Stonehenge.

Archaeologists uncovered the remains of the Waun Mawn site in Pembrokeshire's Preseli Hills.

They believe the stones could have been dismantled and rebuilt 150 miles (240 km) away on Salisbury Plain, Wiltshire.

The discovery was made during filming for BBC Two's Stonehenge: The Lost Circle Revealed.

The Welsh circle, believed to be the third biggest in Britain, has a diameter of 360ft (110m), the same as the ditch that encloses Stonehenge, and both are aligned on the midsummer solstice sunrise.

Solved: Mystery of where Stonehenge's stones come from
Stonehenge: First residents from west Wales
Patrols aim to tackle heritage crime in Wales

Several of the monoliths at the World Heritage Site are of the same rock type as those that still remain at the Welsh site.

And one of the bluestones at Stonehenge has an unusual cross-section which matches one of the holes left at Waun Mawn, suggesting the monolith began its life as part of the stone circle in the Preseli Hills before being moved.

Archaeologists unearthed the ancient stone circle at Waun Mawn 
in the Preseli Hills, Pembrokeshire

Multiple large "stone holes" were found at Waun Mawn

It is already known that the smaller bluestones that were first used to build Stonehenge were transported from 150 miles (240 km) away in modern-day Pembrokeshire.

But the new discovery suggests the bluestones from Waun Mawn could have been moved as the ancient people of the Preseli region migrated, even taking their monuments with them, as a sign of their ancestral identity.

They would then have been re-erected at Stonehenge.

Archaeologists said this could explain why the bluestones, thought to be the first monoliths erected at Stonehenge, were brought from so far away, while most circles are constructed within a short distance of their quarries.

The team was working in bad weather in the Preseli Hills when the circle was discovered

The archaeological investigations as part of the Stones of Stonehenge research project, led by Professor Mike Parker Pearson of University College London, previously excavated two bluestone quarries in the Preseli Hills.

Their discovery that the bluestones had been extracted before the first stage of Stonehenge was built in 3000 BC prompted the team to re-investigate the nearby Waun Mawn stones to see if it was the site of a stone circle supplied by the quarry and later moved.

Only four monoliths remain at the site, but an archaeological dig in 2018 revealed holes where stones would have stood, showing the remaining stones were part of a wider circle of 30-50 stones.

And the scientific dating of charcoal and sediment from the holes reveal it was put up around 3400 BC.

Neolithic people


The Preseli Hills are 150 miles (240 km) from Stonehenge in Wiltshire

Findings of the discovery, published in the journal Antiquity, show significant links between Stonehenge and Waun Mawn.

It also confirms that the region was an important and densely settled area in Neolithic times until 3000 BC when activity seems to have ceased.

Prof Parker Pearson said: "It's as if they just vanished. Maybe most of the people migrated, taking their stones - their ancestral identities - with them."

Analysis of the remains of people buried at Stonehenge at the time the bluestones were erected there would seem to back up the theory, as it shows some of them were from western Britain, possibly Wales.

With only a few of the Stonehenge stones directly linked to Waun Mawn, the archaeologists also believe monoliths from other stone circles could have been taken from Wales to form part of the new monument.

Prof Parker Pearson said: "With an estimated 80 bluestones put up on Salisbury Plain at Stonehenge and nearby Bluestonehenge, my guess is that Waun Mawn was not the only stone circle that contributed to Stonehenge.

"Maybe there are more in Preseli waiting to be found. Who knows? Someone will be lucky enough to find them."

Stonehenge: The Lost Circle Revealed will be broadcast on BBC Two at 21:00 GMT on Friday 12 February.

Thursday, February 11, 2021

Morgan Stanley: Gasoline Industry Is About to Become Totally Worthless

By Alex Kimani - Feb 09, 2021, 

The average energy investor is by now well aware of the sector's monumental shift from fossil fuels to renewable energy. Coal-powered power plants have been shuttering at an alarming clip as the price of electricity from natural gas and renewables undercuts them while wind and solar generation continue to gain the ascendancy.

But nowhere has this change been as dramatic as the transport industry, with EV titans such as Tesla Inc. (NASDAQ:TSLA) and NIO Ltd. (NYSE:NIO) now commanding substantially higher valuations than their imposing ICE brethren, General Motors (NYSE:GM) and Ford Motors (NYSE:F). Indeed, the global EV sector now carries a higher valuation than the global ICE sector despite accounting for less than 3% of new vehicle sales in 2020.

It's a situation eerily reminiscent of the thousands of buggy and whip companies that were rendered obsolete in the early 20th century.

But now, a section of Wall Street says the situation is a lot more dire than that.

Morgan Stanley has argued that traditional ICE makers are destined to become money-losers as early as 2030.

MS' analyst Adam Jonas says the market may be ascribing zero or even negative value for ICE-derived revenues at GM and Ford and has listed a variety of factors that are likely to transform the companies' once-profitable assets into potentially cash-burning and loss-making businesses.

Pivoting to EVs

Morgan Stanley is hardly alone in its very dim outlook of the traditional auto industry.

A recent survey on institutional investors by the investment firm has revealed that 17% of respondents think ICE technology has no zero or negative value today, while 60% have rated ICE technology as only slightly positive. Just 23% think gasoline and diesel tech still carries a significant positive value.Related: Oil Prices Slip On Large Gasoline Build

But don't get us wrong: Nobody is saying that GM and F stocks are about to go the way of DMC, maker of the once-iconic DeLorean car of the Back to the Future fame.

In fact, GM and Ford could gain a new lease of life after belatedly going all-in into the EV megatrend.

Indeed, General Motors has vowed to end production of all diesel and gasoline-powered cars, trucks and SUVs by 2035 as part of the company's plan to shift its entire new fleet to electric vehicles.

GM also says it plans to use 100% renewable energy to power its U.S. facilities by 2030 and in its global facilities by 2035 and intends to become GM carbon neutral in both its global products and its operations by 2040. Further, the automaker says it will focus on offering zero-emissions vehicles across a wide range of price points and work with various stakeholders to build out the necessary charging infrastructure while promoting consumer acceptance.

If you think that does not sound like the usual GM playbook, you are not imagining things.

GM supported the Trump administration's pro-carbon lawsuit that was meant to force California and several other states with gas-mileage standards to lower them to the national standards. GM, however, flipped after Trump lost in November and withdrew from the suit on Nov. 23 after Biden became the clear winner. Since then, GM has announced a raft of electrification plans, which has helped GM stock rally 35% in the year-to-date.Related: Russian, Saudi Oil Giants To Benefit From Biden’s Anti-Oil Agenda

Morgan Stanley itself prefers General Motors to Ford, maintaining an Overweight rating on the stock while dropping Ford to an Underweight rating from Equal Weight due to a less-than-stellar sum-of-the-parts value.

In fact, Adam Jonas thinks GM's fair value could exceed 50% of current share price while Ford's is 20% lower:

"Our revised DCF and SOTP composition through the 2030 horizon factors in greater caution on our ICE forecasts for both companies, while increasing the value of the EV and AV-related businesses for each. For GM, the offset of the negative ICE adjustments and positive EV adjustments drives an increase in our price target to $80, suggesting over 50% upside. For Ford, our adjustments are substantially offsetting. This, combined with the recent run-up in the stock (which has kept pace with GM YTD) offers more than 20% downside to our price target."

Nevertheless, F shares have similarly climbed 35% YTD.

Need we say that both ICE stocks have handily outperformed TSLA, which has only managed a 20% YTD return.

By Alex Kimani for Oilprice.com