Concordia University Launches Sustainable Bonds

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Fundings research can get expensive, particularly when looking into cutting edge technology and techniques. In order to fund research at a new lab at Concordia University the school has launched a sustainable bond. Other schools have done this around the world in order to raise funding, Concordia is the first in Canada to do so. What’s different about Concordia’s bond issuance is related to research and not the facility itself.

Concordia’s $25-million senior unsecured bond offers investors a 3.626 per cent yield and has a duration of 20 years — the longest for any sustainable bond in Canada, according to Denis Cossette, the university’s chief financial officer. The bond will be used to reimburse the university of the capital it spent on financing its Science Hub, which will be home to aquatic biology, microscopy, cellular imaging and chemical and materials engineering labs for researchers.

It’s the work that will take place inside the building that allowed Concordia to issue sustainable bonds instead of green bonds, Cossette said. The former required certification assuring that the Science Hub and the work that the university plans to conduct inside will contribute to three of the United Nations’ sustainable development goals — affordable and clean energy; industry, innovation and infrastructure; and climate action.

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Even Cheaper Solar Cells

We recently reached the point that solar power is cheaper than nuclear power and now some researchers at the University of Toronto have found a way to make solar cells even cheaper by using nickel instead of gold.

One of the major drawbacks of most renewable energy sources is high cost. In order to see a huge rise in the use of renewable energy sources, prices must come down. In the world of solar there have recently been some major breakthroughs in cost advantages and efficiency increases. Scientists at the University of Toronto in Canada have come up with a way to reduce colloidal quantum dot solar cell prices by up to 80%, by swapping out costly conductive gold for cheap nickel.

Read more: Super Cheap Solar Cells Just Got Cheaper, Switch Gold For Nickel

Be Less Angry by Getting Educated and Ageing

Researchers from the University of Toronto have found out some the primary reasons people get angry. Thanks to their research we now know what one can do to lower their anger levels: get an education and keep on living.

It was found that younger people experience more frequent anger than older adults. This is mainly due to the fact that younger people are more likely to feel time pressures, economic hardship, and interpersonal conflict in the workplace (three core stressors that elevate anger levels).

Feeling rushed for time is the strongest predictor of anger, especially the “low-grade” forms like feeling annoyed, revealed the study.

Having children in the household is associated with angry feelings and behaviour (i.e., yelling) and these patterns are stronger among women compared to men.

As compared to people with fewer years of education, the well educated are less likely to experience anger, and when they do, they are more likely to act proactively (e.g., trying to change the situation or talking it over).

Read more at the India Times.

Work Out Your Will Power for More Will Power

You read that odd title right! Researchers at McMaster University in Hamilton, Ontario have discovered that will power is just like any muscle – the more you use the stronger it gets!

You can read more about the research here.

Researchers also found that participants who had done the willpower-busting Stroop test were more likely to skip workouts they had previously scheduled.

Doing the dishes or avoiding biting your nails may require a lot of willpower, but that shouldn’t be an excuse not to work out, said Kathleen Martin Ginis, an associate professor of kinesiology at McMaster and lead author of the study.

She said if you plan a regular exercise routine and don’t have to think about details such as duration, you’re more likely to follow through.

You can also build up willpower by regularly challenging yourself to tasks that test your self-control.

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