Posts tagged interest
Boulder police: 17-y-o girl arrested in hit and run in early Jan.
Feb 10th
Teenager arrested in January hit-and-run that hospitalized CU student
A 17-year-old female turned herself in yesterday, Thursday, Feb, 9, at the Boulder County Juvenile Detention Center after a warrant was issued for her arrest on charges stemming from a hit-and-run accident that injured a pedestrian in early January. Because the suspect is under 18, police are not identifying her. She is a resident of Boulder County.
The accident occurred on Jan. 4 at around 5:25 p.m. Twenty-three-year-old Mary Wakeman-Linn suffered serious bodily injury after she was hit by a car that did not stop as she was crossing in a pedestrian crosswalk on Baseline near Canyon Creek Drive. Wakeman-Linn is a student at the University of Colorado.
The teenage suspect faces a total of seven charges, two of them felonies. The charges include:
- Vehicular Assault (felony)
- Failed to Remain at the Scene After an Accident Involving Serious Bodily Injury (felony)
- Failed to Notify Police of an Accident
- Drove Motor Vehicle When License Under Restraint (Denied)
- Drove and Unsafe Motor Vehicle
- Overtaking Vehicle When Stopped for Pedestrian in Marked Crosswalk
- Failed to Yield Right-of-Way to Pedestrian in Crosswalk
The teenage suspect had been identified as a person of interest early in the case. After further investigation, police were able to obtain enough evidence to obtain the arrest warrant.
Boulders Tanya Mathews, Financial Expert, 2012 Stock Market Outlook
Feb 9th
• The U.S. economy will grow about 2%, while emerging markets post stronger growth and Europe experiences a mild recession.
• The U.S. stock market is likely to post an 8 – 12%* gain, supported by a slight improvement in valuations and mid-to-high single-digit earnings growth.
• Corporate bonds post modest single-digit gains as interest rates rise and credit spreads narrow. The yield on the 10-year Treasury is likely to end the year around 3%.
*LPL Financial Research provided this range based on its earnings per share growth estimate for 2012, and a modest expansion in the price-to-earnings ratio. Additional explanation can be found throughout the 2012 Outlook publication.
I personally believe the markets are poised for positive performance this year. In fact, recent US economic data suggests equity markets are priced as cheaply as they have been in decades, even if there is a 15% decline in earnings. However, the big issues, and my reasons for staying cautious this year, include how deep the European recession turns out to be and what kind of growth impact the discussions and decisions (or lack thereof) about our country’s looming deficit will have during this election year. I’m cautiously optimistic.
Tanya R. Mathews, CFP ®
Meridian Wealth Management Boulder
tanya.mathews@lpl.com
CU study: Glacial ice disappearing at record clip
Feb 8th
caps shedding billions of tons of mass annually
Earth’s glaciers and ice caps outside of the regions of Greenland and Antarctica are shedding roughly 150 billion tons of ice annually, according to a new study led by the University of Colorado Boulder.
The research effort is the first comprehensive satellite study of the contribution of the world’s melting glaciers and ice caps to global sea level rise and indicates they are adding roughly 0.4 millimeters annually, said CU-Boulder physics Professor John Wahr, who helped lead the study. The measurements are important because the melting of the world’s glaciers and ice caps, along with Greenland and Antarctica, pose the greatest threat to sea level increases in the future, Wahr said.
The researchers used satellite measurements taken with the Gravity Recovery and Climate Experiment, or GRACE, a joint effort of NASA and Germany, to calculate that the world’s glaciers and ice caps had lost about 148 billion tons, or about 39 cubic miles of ice annually from 2003 to 2010. The total does not count the mass from individual glacier and ice caps on the fringes of the Greenland and Antarctic ice sheets — roughly an additional 80 billion tons.
“This is the first time anyone has looked at all of the mass loss from all of Earth’s glaciers and ice caps with GRACE,” said Wahr. “The Earth is losing an incredible amount of ice to the oceans annually, and these new results will help us answer important questions in terms of both sea rise and how the planet’s cold regions are responding to global change.”
A paper on the subject is being published in the Feb. 9 online edition of the journal Nature. The first author, Thomas Jacob, did his research at CU-Boulder and is now at the Bureau de Recherches Géologiques et Minières, in Orléans, France. Other paper co-authors include Professor Tad Pfeffer of CU-Boulder’s Institute of Arctic and Alpine Research and Sean Swenson, a former CU-Boulder physics doctoral student who is now a researcher at the National Center for Atmospheric Research in Boulder.
“The strength of GRACE is that it sees everything in the system,” said Wahr. “Even though we don’t have the resolution to look at individual glaciers, GRACE has proven to be an exceptional tool.” Traditional estimates of Earth’s ice caps and glaciers have been made using ground-based measurements from relatively few glaciers to infer what all of the unmonitored glaciers around the world were doing, he said. Only a few hundred of the roughly 200,000 glaciers worldwide have been monitored for a decade or more.
Launched in 2002, two GRACE satellites whip around Earth in tandem 16 times a day at an altitude of about 300 miles, sensing subtle variations in Earth’s mass and gravitational pull. Separated by roughly 135 miles, the satellites measure changes in Earth’s gravity field caused by regional changes in the planet’s mass, including ice sheets, oceans and water stored in the soil and in underground aquifers.
A positive change in gravity during a satellite approach over Greenland, for example, tugs the lead GRACE satellite away from the trailing satellite, speeding it up and increasing the distance between the two. As the satellites straddle Greenland, the front satellite slows down and the trailing satellite speeds up. A sensitive ranging system allows researchers to measure the distance of the two satellites down to as small as 1 micron — about 1/100 the width of a human hair — and to calculate ice and water amounts from particular regions of interest around the globe using their gravity fields.
For the global glaciers and ice cap measurements, the study authors created separate “mascons,” large, ice-covered regions of Earth of various ovate-type shapes. Jacob and Wahr blanketed 20 regions of Earth with 175 mascons and calculated the estimated mass balance for each mascon.
The CU-led team also used GRACE data to calculate that the ice loss from both Greenland and Antarctica, including their peripheral ice caps and glaciers, was roughly 385 billion tons of ice annually. The total mass ice loss from Greenland, Antarctica and all Earth’s glaciers and ice caps from 2003 to 2010 was about 1,000 cubic miles, about eight times the water volume of Lake Erie, said Wahr.
“The total amount of ice lost to Earth’s oceans from 2003 to 2010 would cover the entire United States in about 1 and one-half feet of water,” said Wahr, also a fellow at the CU-headquartered Cooperative Institute for Research in Environmental Sciences.
The vast majority of climate scientists agree that human activities like pumping huge amounts of greenhouse gases in the atmosphere is warming the planet, an effect that is most pronounced in the polar regions.
One unexpected study result from GRACE was that the estimated ice loss from high Asia mountains — including ranges like the Himalaya, the Pamir and the Tien Shan — was only about 4 billion tons of ice annually. Some previous ground-based estimates of ice loss in the high Asia mountains have ranged up to 50 billion tons annually, Wahr said.
“The GRACE results in this region really were a surprise,” said Wahr. “One possible explanation is that previous estimates were based on measurements taken primarily from some of the lower, more accessible glaciers in Asia and were extrapolated to infer the behavior of higher glaciers. But unlike the lower glaciers, many of the high glaciers would still be too cold to lose mass even in the presence of atmospheric warming.”
“What is still not clear is how these rates of melt may increase and how rapidly glaciers may shrink in the coming decades,” said Pfeffer, also a professor in CU-Boulder’s civil, environmental and architectural engineering department. “That makes it hard to project into the future.”
According to the GRACE data, total sea level rise from all land-based ice on Earth including Greenland and Antarctica was roughly 1.5 millimeters per year annually or about 12 millimeters, or one-half inch, from 2003 to 2010, said Wahr. The sea rise amount does include the expansion of water due to warming, which is the second key sea-rise component and is roughly equal to melt totals, he said.
“One big question is how sea level rise is going to change in this century,” said Pfeffer. “If we could understand the physics more completely and perfect numerical models to simulate all of the processes controlling sea level — especially glacier and ice sheet changes — we would have a much better means to make predictions. But we are not quite there yet.”