Australia central bank sells scandal-hit note firm stake






SYDNEY: Australia's central bank on Tuesday announced the sale of its stake in scandal-hit note printing firm Securency and said an independent governance review had cleared it of "inappropriate" insight.

The Reserve Bank of Australia sold its 50 per cent holding in Securency, accused of taking bribes to win contracts in Asia, to British venture partner Innovia Films for A$65 million (US$66.7 million).

"The sale of the bank's interest in Securency is in accordance with the bank's long-standing intention to exit from the joint venture once Securency had established itself as a viable long-term supplier in the international market," the RBA said in a statement.

Note Printing Australia, a second RBA firm implicated in the Asia bribery scandal which the media broke in 2009, would remain a "wholly-owned subsidiary of the bank", it added.

The RBA also released a review into the governance of Securency and NPA by independent consultancy Cameron Ralph which cleared it of serious oversight issues.

Cameron Ralph said the RBA "gave reasonable consideration as to the governance arrangements for the two companies, and put in place processes for their oversight and reporting which were broadly consistent with usual practice at the time".

It appointed people to the firms' boards that it was "entitled to believe could direct the affairs of the companies with due care, diligence and skill", received regular reports and responded in a "considered and deliberate way".

The bank took "appropriate action where the entities appeared not to be performing in line with expectations and/or standards", Cameron Ralph added.

"Clearly, with the benefit of hindsight, there could have been more oversight applied to the activities of the companies, which may have detected earlier the alleged illegal payments" it said.

"But that does not mean that the Bank's oversight at the time was inappropriate."

Eight executives from Securency and NPA are facing claims they conspired to bribe officials at foreign banks to secure contracts to make plastic banknotes.

Both companies have also been charged over the alleged racket, which involved contracts in Indonesia, Malaysia, Vietnam and Nepal.

- AFP/ck



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Dish Chairman Charlie Ergen: 'I don't want to kill ads'



Dish Network founder and Chairman Charlie Ergen (Credit: Dan Farber)



DANA POINT, Calif.--You might think that Dish Network Chairman Charlie Ergen wants to kill TV advertising. With the introduction of the Dish Hopper with Sling HD DVR nationwide this week, the company ironically launched a new series of commercials to promote the latest version of its ad-skipping product.


In one commercial, the "Boston guys" sit on a couch paying their last respects to commercials. "Now that we have the Hopper, we can watch commercial-free TV," they said. "Commercials are out of our lives."


Granted, viewers keep the fast-forward button handy to skip ads on their DVR, but automating the process has forced the broadcast networks to take up arms against Dish's AutoHop feature.


CBS Corp., parent company of CNET, NBC (Comcast), ABC (Disney), and Fox (News Corp.) have all filed suits against Dish.


In a brief on January 31, Fox accused Dish of breaching its contract by creating an ad-free copy of Fox's content:


Dish did not "create commercial free TV." Fox has been offering VOD and commercial-free TV to consumers for years. Instead, Dish created a competing, premium, VOD service that Dish's top executive boasted would make licensed services like Hulu obsolete, and that threatens the ad-supported broadcast television ecosystem. Contrived legal argument to avoid abiding by conditions in a license agreement is not innovation.


But Ergen maintains that he really doesn't want to kill TV ads, he just wants to change the way ads are delivered to consumers.


In conversation with Peter Kafka at the All Things D Dive into Media conference here, Ergen was asked about the new ads.

"It's not an ad that the networks are going to run. It's our team having a little bit of fun," he said. "I don't want to kill ads. I think advertising is great. I am very aware of the multiple revenue stream in television, subscription and advertising. But I also don't want to put my head in the sand. As an example, Hulu did a good job. You can pick an ad that is relevant to you. With the Hopper, we have technology that allows you to pick an ad relevant to you. But the broadcast industry is slow to adapt to that.


"We have the ability to skip commercials, so it makes sense to give more targeted, meaningful, and fewer commercials, and they can make more money," he said, adding as an example, "A single mom may not need the testosterone ad that runs time and time again. She may want something about fashion," Ergen said.


In pursuit of that "smarter Hopper" mission, Ergen wants to compete with the cable and wireless providers to offer a complete set of services inside and outside the home, and to use all the data to target customers with ads. Dish has tried to acquire DirectTV to expand its satellite footprint and has been trying to acquire wireless spectrum from Clearwire. So far, he has struck out.


In its own suit against the broadcast networks, Dish claims that the AutoHop feature doesn't infringe copyright because the technology doesn't alter the broadcast signal since the ads are not deleted from the recording.


It appears that Ergen is less focused on killing advertising than taking a piece of that action. "They [broadcasters] are trying to run their business and do right things for their shareholders. I am trying to explain to them how to make more money, not less," Ergen said. But, in its marketing, Dish talks about skipping ads, not about reframing how the $60 billion per year in TV ads are delivered.


"The lawsuits will ultimately decide the fate of commercials. If the broadcasters win on their claims, it would outlaw the DVR," Ergen said. That may be an exaggeration, but it wouldn't stop Ergen from trying to upend the delivery of TV services. "I believe it's less risky to embrace change...you can lead it and make the rules or be a fast follower or slow follower and pay more to catch up."


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Kumbh Mela: Pictures From the Hindu Holy Festival








































































































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Who's Next? A Look at Likely Successors to Benedict





With 1 billion Catholics worldwide, the face of the church is changing.



It's something the cardinal electors may keep in mind when the conclave to elect a new pontiff begins in late March, said Matthew Bunson, general editor of the Catholic Almanac and author of "We Have a Pope! Benedict XVI."



RELATED: Pope Benedict XVI Resigns: The Statement



The 117 cardinals who are eligible to vote for the new pontiff hail from approximately 50 different countries, and they almost always elect one of their own.



Joseph Ratzinger, an intellectual and respected cardinal from Germany, was the frontrunner for the papacy in 2005, Bunson said. When elected, he became Pope Benedict XVI.



This year, there are no strong favorites.



"The door, in a way, is very much open," Bunson said.



FULL COVERAGE: Pope Benedict XVI Resignation



Here's a quick look at some of the possible picks for pope:




Angelo Cardinal Scola, 71, Italy


Scola was named the Archbishop of Milan in 2011, a prominent post in the Roman Catholic church.


"If we had to pick a frontrunner, it's him," Bunson said. "He first is a brilliant theologian and has the intellectual heft to be pope, which is crucial. He has the clear favor of Pope Benedict.


Milan and Venice together have produced five popes in the past century.


Scola is also committed to promoting an understanding across faiths.


He started the Oasis Foundation in 2004, which helps bridge a dialogue between Christians and Muslims.


Helen Alvaré, a professor of law at George Mason University and an advisor to Pope Benedict XVI's Pontifical Council for the Laity, agreed that Scola will be considered papabili -- an Italian word for someone highly qualified for the papacy.


"It would not be surprise me if a Scola, or another great European mind also was determined to be what was needed for the times," she said.

Marc Cardinal Ouellet, 68, Canada


The former Archbishop of Quebec, who now heads the Congregation of Bishops, has a deep knowledge of the global workings of the church, Bunson said.


"He has had a major role in the appointment of the church's leaders around the world," Bunson said.


And he points out that at 68 years old, Ouellet has age on his side.


Ouellet is someone who could have "worldwide reach," Alvaré said.


"The man who is chosen for the position he has is someone who is understood to have the presence and the future of the church in mind," she said.

Peter Cardinal Turkson, 64, Ghana


Turkson, who hails from Ghana, may be in the running.


He is currently the president of the Pontifical Council for Justice and Peace, a post he was appointed to by Pope Benedict XVI in 2009.


The job has sent Turkson, who speaks six languages, around the world to handle mediations.


"The fact that an African cardinal is a candidate to be elected pope is the statement to the diversity of the church and the remarkable growth around the world," Bunson said.


Turkson discussed the possible of a black pope at a press conference in 2009, following the U.S. presidential election.


"And if by divine providence -- because the church belongs to God -- if God would wish to see a black man also as Pope, thanks be to God," he said.


Francis Cardinal Arinze, from Nigeria, has also been discussed as a potential pope.

Leonardo Cardinal Sandri, 69, Argentina


With a large center of Catholic faithful in Latin America, Sandri could become the first pope from the region.


The 69-year-old, who was born in Argentina to Italian parents, served as a chief of staff in the Vatican, often reading public message when Pope John Paul II was in declining health.


It was Sandri who announced the passing of the pontiff in St. Peter's Square on April 2, 2005.


"He's well-liked around the world," Bunson said.


He currently serves on the Congregation for the Oriental Churches, acting as a liason with Eastern European Catholic churches.


Sandri is fluent in English, Spanish, Italian, German and French.

Angelo Cardinal Bagnasco, 70, Italy


The Archbishop of Genoa has a "reputation for intellectual heft," Bunson said.


Bagnasco, two-time president of the Italian Bishops Conference, has a history of taking a strong stance on church doctrine.


In 2007, he was the subject of death threats after he led a campaign against proposed Italian legislation to grant some legal rights to unmarried couples, including people in same-sex relationships.


Italians form the largest voting block in the College of Cardinals, with 25 percent of the seats, and could help propel Bagnasco into the papacy.

Tarsicio Cardinal Bertone, 78, Italy


The current Cardinal Secretary of State is a strong candidate if the Holy Spirit wants another great European mind at the helm of the church, Alvaré said.


Bertone runs the day-to-day business of the Roman Curia, the Vatican's government.


He has reportedly been criticized by Vatican officials for his handling of issues ranging from sexual abuse in the church to Vatican finances.


In an open letter last year, Pope Benedict XVI acknowledged the in-fighting and pledged his support for his secretary of state.


"I've noted with regret the unjust criticism directed at your person," the pope wrote. "I intend to reaffirm my pledge of personal faith in you."


Although he's held in high regard by the pope, Bunson believes Bertone's age will keep him from the papacy.


"His age is against him," he said, pointing out that Bertone is the same age as his boss when he was elected.

Timothy Cardinal Dolan, 63, New York


While the thought of an American pope has long seemed impossible, Cardinal Dolan should not be ruled out, Alvaré said.


"History is changing," she said. "We've been at this a while here in the states, [although] not anywhere as long as Europe."


Dolan, an affable cardinal well-known by Catholics in the U.S. and abroad, "has been grappling with some of the leading questions that face the church for the future," Alvaré said.


In September 2012, along with comedian Stephen Colbert, he co-led a discussion on faith and humor at Fordham University.


"If I am elected pope, which is probably the greatest gag all evening, I'll be Stephen III," he told the crowd of students.


Despite Dolan's good standing, Bunson said he has some doubts.


"It strikes me as unlikely, simply because we are the world's last superpower," he said of the U.S. "So I think that might factor in."


Read More..

Liver cancer survival time tripled by virus



































The virus used in the vaccine that helped eradicate smallpox is now working its magic on liver cancer. A genetically engineered version of the vaccinia virus has trebled the average survival time of people with a severe form of liver cancer, with only mild, flu-like side effects.












Thirty people with hepatocellular carcinoma received three doses of the modified virus – code-named JX-594 – directly into their liver tumour over one month. Half the volunteers received a low dose of the virus, the other half a high dose. Members of the low and high-dose groups subsequently survived for, on average, 6.7 and 14.1 months respectively. By contrast, trials several years ago showed that sorafenib, the best existing medication for this cancer, prolonged life by only three months.












Two of the patients on the highest viral dose were still alive more than two years after the treatment. "It's a very substantial survival benefit," says Laurent Fischer, president of Jennerex, the company in San Francisco developing the treatment under the trade name Pexa-Vec.












Besides shrinking the primary tumour, the virus was able to spread to and shrink any secondary tumours outside the liver. "Some tumours disappeared completely, and most showed partial destruction on MRI scans," says David Kirn, head of the study at Jennerex. Moreover, the destruction was equally dramatic in the primary and secondary tumours.












"This clinical trial is an exciting step forward to help find a new way of treating cancers," says Alan Melcher of the University of Leeds, UK, who was not involved in the study. "It helps demonstrate the cancer-fighting potential of viruses, which have relatively few side effects compared with traditional chemo or radiotherapy," he says. "If it proves effective in larger trials, it could be available to patients within five years."












The fact that the virus appears able to spread to secondary tumours suggests that simply injecting the virus into the bloodstream may be effective. A trial to compare this treatment with injecting the virus directly into a tumour is under way.











Targeted at cancer













The virus has had a gene coding for an enzyme called thymidine kinase snipped out. The enzyme enables the virus to recognise and infect dividing cells. By removing the gene, the virus's developers have reduced the likelihood of healthy dividing cells being infected.












Instead, the virus exclusively attacks cancerous tissue, by targeting two genes that have increased activity in tumour cells. One genes is associated with an epidermal growth factor receptor, which stimulates the cancer to grow. The other is associated with a vascular endothelial growth factor, which enables the cancer to recruit its own blood supply. The virus reduces the activity of both genes, causing the infected cancer cell to wither and die.












What's more, the virus carries extra genes to prod the body's own immune system into action against the cancer. One produces granulocyte colony stimulating factor, a protein that encourages production of extra white blood cells at sites of infection. The other produces a protein not naturally found in humans, called Lac-Z, that earmarks infected cells for destruction.











Fischer says that to date, more than 200 people have received the virus, which has also shown promise against other types of cancer, including those of the kidney and skin. But he warns that not everyone sees a benefit. "We know why patients respond, but not why they don't," he says.













Journal reference: Nature Medicine, DOI: 10.1038/nm.3089


















































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Missing 13-year-old-boy found






SINGAPORE: The 13-year-old boy who went missing on Friday has been reunited with his parents.

Aminiasi Tiritabuanira Shaw, a student of the Singapore American School (SAS), was found on Sunday night.

The school had earlier said that it's believed the boy had left on his own accord after a disagreement with his parents.

In its update on Monday, the school said: "The Shaw family would like to extend their sincere gratitude to the many, many people from the SAS community, the larger Singapore community, and other organizations, schools and groups, who have tirelessly supported the search efforts for Tiri over the past couple of days.

"Please help pass the word that Tiri has been found and is safely in the arms of his family."

- CNA/ir



Read More..

Twitter bumps the price of Promoted Trends to $200K




In a sign that suggests healthy demand for Twitter's advertising, the microblogging site has reportedly increased the daily price of its Promoted Trends to $200,000.


The new price, which is a 33 percent increase over the previous price, went into effect earlier this year, according to an All Things D report. The price has increased 150 percent since the program launched in 2010 with a daily price of $80,000.


Twitter promotes the feature as a way for business to increase interest in a brand or product. Promoted Trends appear in Twitter's Trends section to the left of the users' Twitter feeds, denoted by a yellow arrow. Presuming Twitter sells one Promoted Trend a day, the program could generate $73 million in revenue.




Some of the big-name users of Promoted Trends have included Virgin, HBO, Samsung, and JetBlue. In addition to promoted trend slots, which appear on the right side of any Twitter user's home page, Twitter also offers promoted accounts and promoted tweets, but those are sold through an auction system.


CNET has contacted Twitter for comment on the price increase and will update this report when we learn more.


The moves come as Twitter is reportedly gearing up for an IPO as early as next year. Analyst firm Greencrest Capital pegged Twitter's valuation at between $10.5 billion and $11 billion "by late 2013 or early 2014." It also predicted that Twitter's 2014 revenue would total $1.028 billion, up from estimates of $605 million in 2013 and $295 million in 2012.

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Year of the Snake: The Serpent Behind the Horoscope


On February 10, people all around the world will ring in the Lunar New Year with paper lanterns and firecrackers. At the heart of it all sits the snake, a slithery reptile feared for its sharp fangs and revered for its undeniable charm. (Watch videos of some of the world's deadliest snakes.)

Those born in the Year of the Snake are said to be intelligent and quick thinking, but they can also be dishonest and prone to show off. Though based on Chinese astrology, some of these traits are similar to characteristics of the actual serpent.

Snakes are known to be great at outsmarting their predators and prey. Their colorful, patterned skin makes them some of the best tricksters in the animal kingdom. And despite a bad rap as frightening creatures, snakes never fail to fascinate scientists, explorers, and zoo-goers. (See pictures of snakes.)

With more than 3,400 recognized species, snakes exhibit incredible diversity in everything from behavior and habitats to skin colors and patterns.

"As a vertebrate lacking in limbs, all snakes look largely like other snakes, yet they succeed in tremendous diversity in multiple directions," said Andrew Campbell, herpetology collections manager at the University of Kansas Biodiversity Institute.

To usher in the Year of the Snake, Campbell and herpetologist Dennis Ferraro at University of Nebraska-Lincoln weigh in on some of the snake's qualities that the Chinese zodiac predicts people born this year will have.

Horoscope: Snakes have an innately elegant personality but can also be ostentatious at times.

In Nature: Snakes come in all different colors, patterns, and textures, making them some of nature's most visually stunning creatures.

According to Campbell, the utility of their coloring falls into two main categories: to use as camouflage and to warn predators to stay away.

Among the most beautiful are the emerald tree boa (Corallus caninus)—whose vibrant green body is decorated with white stripes resembling lightning bolts—and the Brazilian rainbow boa (Epicrates cenchria), characterized by its iridescent skin and the large black rings down its back.

For some snakes, the diversity in color occurs within the same species, which is why Ferraro tells his student not to identify snakes by colors. For example, the polymorphic bush viper (Atheris squamigera), many of which are green, also come in shades of yellow, orange, red, and blue, as captured in photographer Guido Mocafico's "Serpent Still Life" photo series.

Horoscope: The snake is known to be the master seducer of the Chinese zodiac.

In Nature: Female garter snakes (Thamnophis) have all the luck with the gentlemen.

When a female garter snake is ready to mate, she announces it by producing chemicals called pheromones. Males, upon encountering the scent, immediately come crawling out and gather around the female in a large, wriggling "mating ball."

The competition intensifies when a male passing by the ball tries to fool the others by producing a scent that mimics that of the female, said Ferraro.

As soon as his rivals are led off in the wrong direction, the trickster slides right in. In areas with smaller populations of garter snakes, each ball consists of about 12 males and one female.

But in places like Manitoba, Canada, where garter snakes travel to certain areas to mate after coming out of hibernation, a mating ball can have thousands of males and only a hundred females.

Horoscope: Though snakes don't often tell lies, they will use deception when they feel it's necessary and they think they can get away with it.

In Nature: When it comes to using trickery to catch dinner, or to hide from predators, snakes are no amateurs.

Their sneaky techniques range from tricking fish to swim right into their mouths, to playing dead when threatened, to using their wormlike tails to lure in prey.

The most cunning of them all is the two-headed snake. To protect against a sneak attack from behind, the two-headed snake's tail looks just like its head. While the business end looks for food, the snake coils up its body and rests its tail on top to look like it is on guard.

The tail can even mimic the behavior of a retreating snake to trick predators into thinking they're going face-to-face with their opponent.

Horoscope: When snakes get down to work, they are organized and highly efficient, and they work quickly and quietly.

In Nature: While snakes are often perceived as lazy, Campbell said people are mistaken. "What we perceive as shy, lazy, or inactive is really efficiency," he said.

"On average, they are bigger than other lizards and can build a lot of body mass. They do that by being efficient in feeding and traveling." In other words, snakes don't move very much because they don't have to.

When it comes to food, snakes catch prey that are significantly larger than them so they can eat less frequently. This reduces the time they spend hunting and thus makes them less vulnerable to falling victim to a predator themselves.

For Campbell, the most impressive hunter is the eastern diamondback rattlesnake (Crotalus Adamanteus), which is able to hunt and kill its prey very quickly using venom, so it doesn't have to travel far. "Because they don't have to do that, they can become relatively large and heavy, being able to build up body mass and not having to spend that energy hunting."

Horoscope: Snakes are charming, with excellent communication skills.

In Nturea: For snakes, their visual and auditory senses don't mean much when it comes to communicating with each other.

Instead, they use their sense of smell and the chemicals produced by their musk glands. Unlike mammals, a snake picks up scent through the forks of its tongue.

When the snake retracts its tongue, it inserts the forks into grooves in an olfactory organ located at the roof of its mouth. Depending on which fork picks up a stronger scent, the snake knows in which direction to go when looking for prey or a mate.

It's when snakes are threatened that they use sight and sound, said Ferraro. Rattlesnakes, for example, shake their tails, making a loud rattling noise to ward off predators.


Read More..

Possible Dorner Sighting Leads to Store Evacuation













A Northridge, Calif., home improvement store was evacuated tonight because of a possible sighting of suspected cop-killer Christopher Dorner, just hours after police announced a $1 million reward for information leading to his arrest.


As helicopters hovered overhead and a command center was established, police searched the Lowe's store and eventually told shoppers they could leave, but could not take their cars out of the parking lot.


LAPD spokesman Gus Villanueva said the major response to the possible sighting was a precaution, but couldn't say whether Dorner was in the area.


The announcement of the $1 million reward today came as authorities in Big Bear, Calif., scaled back their search for Dorner, the disgruntled ex-cop who is suspected in three revenge killings.


"This is the largest local reward ever offered, to our knowledge," Los Angeles Police Chief Charlie Beck said at a news conference today. "This is an act of domestic terrorism. This is a man who has targeted those that we entrust to protect the public. His actions cannot go unanswered."


The money for the reward was pooled by businesses, government, local law enforcement leaders and individual donors, Beck said.



PHOTOS: Former LAPD Officer Suspected in Shootings


The reward comes on the fourth day of a manhunt for Dorner, who has left Southern California on edge after he allegedly went on a killing spree last week to avenge his firing from the police force. Dorner outlined his grievances in a 6,000 word so-called "manifesto" and said he will keep killing until the truth is known about his case.






Irvine Police Department/AP Photo











Manhunt for Alleged Cop Killer Heads to California Mountains Watch Video









Christopher Dorner Search: Officials Search for Ex-officer in the Mountains Watch Video







Dorner's threats have prompted the LAPD to provide more than 50 law enforcement families with security and surveillance detail, Beck said.


Authorities are chasing leads, however they declined to say where in order to not impede the investigation.


Dorner's burned-out truck was found Thursday near Big Bear Lake, a popular skiing destination located 80 miles northeast of Los Angeles.


Investigators found two AR-15 assault rifles in the burned-out truck Dorner abandoned, sources told ABC News.


The truck had a broken axle, which may be the reason he decided to set fire to it, the police sources said.


Full Coverage: Christopher Jordan Dorner


Officers have spent the past couple of days going door-to-door and searching vacant cabins. The manhunt was scaled back to 25 officers and one helicopter in the resort town today, according to the San Bernadino Sheriff's Office.


On Saturday, Beck announced he would reopen the investigation into Dorner's firing but said the decision was not made to "appease" the fugitive ex-cop.


"I feel we need to also publicly address Dorner's allegations regarding his termination of employment, and to do so I have directed our Professionals Standards Bureau and my Special Assistant for Constitutional Policing to completely review the Dorner complaint of 2007; To include a re-examination of all evidence and a re-interview of witnesses," Beck said. "We will also investigate any allegations made in his manifesto which were not included in his original complaint."


Dorner is suspected of killing Monica Quan and her fiancé Keith Lawrence last Sunday in their car in the parking lot of their Irvine, Calif., condominium complex. Both were struck with multiple gunshot wounds.


Quan's father, Randal Quan, was a retired captain with the LAPD and attorney who represented Dorner before a police review board that led to Dorner's dismissal from the force in 2008.


On Wednesday, after Dorner was identified as a suspect in the double murder, police believe he ambushed two Riverside police officers, killing one and wounding the other.


The next day, Randal Quan reported he received a taunting call from a man claiming to be Dorner who told him that he "should have done a better job of protecting his daughter," according to court documents documents.


Anyone with information leading to the arrest of Christopher Dorner is asked to call the LAPD task force at 213-486-6860.


ABC News' Dean Schabner, Jack Date, Pierre Thomas, Jason Ryan and Clayton Sandell and The Associated Press contributed to this report.



Read More..

Sooty ships may be geoengineering by accident



































GEOENGINEERING is being tested - albeit inadvertently - in the north Pacific. Soot from oil-burning ships is dumping about 1000 tonnes of soluble iron per year across 6 million square kilometres of ocean, new research has revealed.












Fertilising the world's oceans with iron has been controversially proposed as a way of sucking carbon dioxide out of the atmosphere to curb global warming. Some geoengineers claim releasing iron into the sea will stimulate plankton blooms, which absorb carbon, but ocean processes are complex and difficult to monitor in tests.












"Experiments suggest you change the population of algae, causing a shift from fish-dominated to jellyfish-dominated ecosystems," says Alex Baker of the University of East Anglia, UK. Such concerns led the UN Convention on Biological Diversity (CBD) to impose a moratorium on geoengineering experiments in 2010.











The annual ship deposition is much larger, if less concentrated, than the iron released in field tests carried out before the moratorium was in place. Yet because ship emissions are not intended to alter ocean chemistry, they do not violate the moratorium, says Jim Thomas of the ETC Group, a think tank that consults for the CBD. "If you intentionally drove oil-burning ships back and forth as a geoengineering experiment, that would contravene it."













The new study, by Akinori Ito of the Japan Agency for Marine-Earth Science and Technology, is the first to quantify how shipping deposits iron in parts of the ocean normally deficient in it. Earlier models had assumed that only 1 to 2 per cent of the iron contained in aerosols, including shipping emissions, is soluble in seawater, so the remaining 98 to 99 percent would sink to the bottom without affecting ocean life. But Ito found that up to 80 per cent of the iron in shipping soot is soluble (Global Biogeochemical Cycles, doi.org/kdj). As this soot rapidly falls to the sea surface, it is likely to be fertilising the oceans.












In the high-latitude north Pacific - a region that is naturally iron-poor and therefore likely to be most affected by human deposits - ship emissions now account for 70 per cent of soluble iron from human activity, with the burning of biomass and coal accounting for the rest. Shipping's share will rise as traffic continues to grow and regulations restrict coal and biomass emissions.












Can we learn anything from this unintentional experiment? Baker thinks not. "The process isn't scientifically useful," he says, because the uncontrolled nature of the iron makes it difficult to draw meaningful comparisons.












The depositions are unlikely to be harmful at current levels, he says, but "given the uncertainties, I just don't know how much these iron emissions would have to increase before there was demonstrable harm to an ecosystem, or benefit in terms of carbon uptake, for that matter".


















This article appeared in print under the headline "Ships inadvertently fertilise the oceans"




















































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