Saturday, August 29, 2015

Is Air Pollution Affecting West Africa’s Weather?



By Lily Kuo                                           Aug 27 2015


 
 In Lagos, smog has quickly become another aspect of city life. In the city of more than 21 million people—known to some as “Africa’s first city”—the majority of residents live near industrial plants, breathing in exhaust from thousands of cars and millions of generators providing power to the city.

Air pollution in fast-growing West African cities is reaching dangerous levels. But the worst part, according to a new study published by Nature magazine this week, is that we know almost nothing about the pollutants emerging from these new urban centres and their impact on weather systems, crops, and public health at large. There’s little monitoring of pollution, no emissions inventories, or statistical information on things like fuel consumption. Researchers say that they struggle to find funding to study the issue.

“Not only is pollution in these cities killing local residents, we found these emissions may even be altering the climate along the coast of West Africa, leading to changes in the clouds and so potentially to rainfall with devastating effects,” wrote the study’s co-author, Matthew Evans, a professor atmospheric chemistry at the University of York.

In West Africa, anthropogenic emissions—those caused by human activity—of aerosols and other gases have grown quickly and are projected to double and possibly quadruple by 2030, especially in cities along the Guinea Coast:

 Satellite imagery from Oct. 12, 2013 shows enhanced air pollution over coastal cities like Lagos.(“The possible role of local air pollution in climate change in West Africa,” Nature.)
Evans and the study’s lead author, Peter Knippertz, from the Karlsruhe Institute of Technology in Germany, worry that these pollutants will change the West African monsoon, a sensitive atmospheric circulation system that controls everything from wind and temperature to rainfall across huge swathes of the region. (Scientists have previously linked aerosols to changing rainfall patterns in Asia and the Atlantic Ocean.) Population growth in West Africa, expected to reach 800 million by 2050, will exacerbate these effects, they say.


 (“The possible role of local air pollution in climate change in West Africa,” Nature.)

The sources of pollution are many: car exhaust, wood burning, garbage burning, cooking indoors with fuel stoves, the use of millions of diesel electricity generators, petrochemical plants. “It’s not even obvious what source to tackle first,” Evans writes.

While air pollution in India, China, and other emerging economies has become a major area of focus for scientists and policymakers, it has gained little traction in Africa where it’s a growing problem across the continent.

As much as 94% of Nigeria’s population is exposed to levels of air pollution that exceed what the World Health Organization deems as safe. Gaborone in Botswana was the seventh-most polluted city in the world, according to WHO data in 2013. And pollution within homes, often from fuel stoves and diesel generators, is believed to have contributed to as many as 600,000 deaths in Africa in 2012, the highest deaths per capita from indoor pollution of any region in the world.

This article is published in collaboration with Quartz.
Author: Lily Kuo is a reporter, covering East Africa and China from Nairobi.

Image: Smoke rises from the waste heap at a saw-mill at a lagoon near the Makoko Riverine Slum in Nigeria’s commercial capital Lagos. REUTERS/Akintunde Akinleye

Friday, August 14, 2015

Retirement : Planning And Saving For Tomorrow



Smart money management is about more than understanding the math. That part is simple: Spend less than you earn, and invest early and often so compounding will make you rich when you're old.
The numbers aren't difficult, but the psychological and emotional hurdles that prevent most people from achieving their financial dreams are. It doesn't have to be that way if you can stay on the right side of the mental issues surrounding your nest egg. Consider this list a mental reset button on your financial psyche.
There are no secrets. The basics of wealth building have been well-documented for centuries. Stop searching for shortcuts and secrets; focus instead on the simple things your parents and grandparents taught you, such as not to spend more money than you make. (If you need a place to start, pick up George S. Clason's The Richest Man in Babylon, first published in 1926.)
Happiness comes from managing expectations. You won't find contentment by working harder to buy more stuff, because there's always more stuff to be had. Escaping the trap is simple: Learn to be satisfied with what you have.
You can have anything you want but not everything you want. Cut expenses ruthlessly on the things that don't matter so you can spend lavishly on the things that do. Love antique airplanes? Great. Don't care so much about cars? Don't overspend there.
Automate everything. When it comes to saving and investing, you are your own worst enemy. So remove yourself from the equation. Automate your savings, bill payments and investments. You'll save time and hassle--and be less inclined to impulsively spend your retirement savings on a hot tub.
Perfect is the enemy of good enough. Too often we fail to act because we're searching for the absolute, sure-fire way to invest or save. We do nothing instead. But action cures fear, and a decent or simply good outcome is always better than nothing.
Don't make excuses. Don't blame the president, your ex or your business partners for your financial situation. Your circumstances might not be entirely your fault, but they are your responsibility.
Nobody cares more about your money than you do, so don't wait for someone else to tell you how to save or invest or get out of debt. You have the guts and the brains to run your own business. Do the same with your chequebook.
 Early Retirement Made Easy
If I can offer only one piece of advice, it is this: Increase your saving rate. Most financial gurus advise people to save 10 percent of their income. Dear reader, that's not enough. You need to save 30 or 40 percent of your income--better yet, shoot for 50. Do that, and early retirement will suddenly become a reality, not only because of all the money you're socking away, but because of the stripped-down, affordable lifestyle you'll be living in order to save that much. Instead of needing Naira 500,000 a year during retirement, you'll need only Naira250,000 to cover expenses.
You just moved your retirement date up by a year.