New Study – Nearly Half of All Americans Missed Rent or Mortgage Payments Due to Covid-19

A new GOBankingRates survey found that a staggering 46% of Americans missed one or more rent/mortgage payments, and that 25% have missed more than one. And Erik Wright, owner of Chattanooga, Tennessee-based New Horizon Home Buyers says that the survey results are not surprising.

Read More at: https://www.gobankingrates.com/money/economy/nearly-half-of-all-americans-have-missed-a-rent-or-mortgage-payment-due-to-covid-19-in-debt/

Danger posed by earthquake fault (Rose Canyon) will lead to tighter building restrictions

It will soon become harder to develop many properties in San Diego due to growing evidence that the Rose Canyon earthquake fault, which runs beneath the city, is larger and more active than scientists once thought.

The California Geological Survey is creating regulatory fault zones where developers of residential, commercial and public buildings may be required to show that their projects do not sit on top of active faults or are located a safe distance away from such systems.

The zones, which are expected to be adopted this summer, are part of the so-called Alquist-Priolo Act, which is meant to minimize the sort of death and destruction that can occur when an earthquake ruptures the Earth’s surface.

About 7,000 parcels located in and around La Jolla, Old Town, San Diego International Airport and downtown San Diego will be placed in the new fault zones.

read more at: https://www.sandiegouniontribune.com/news/science/story/2021-02-26/new-earthquake-studies-could-limit-development-in-san-diego

Spain is turning leftover oranges into electricity

In spring, the air in Seville is sweet with the scent of azahar, orange blossom, but the 5.7m kilos of bitter fruit the city’s 48,000 trees deposit on the streets in winter are a hazard for pedestrians and a headache for the city’s cleaning department.

Now a scheme has been launched to produce an entirely different kind of juice from the unwanted oranges: electricity. The southern Spanish city has begun a pilot scheme to use the methane produced as the fruit ferments to generate clean electricity.

The initial scheme launched by Emasesa, the municipal water company, will use 35 tonnes of fruit to generate clean energy to run one of the city’s water purification plants. The oranges will go into an existing facility that already generates electricity from organic matter. As the oranges ferment, the methane captured will be used to drive the generator.

“We hope that soon we will be able to recycle all the city’s oranges,” said Benigno López, the head of Emasesa’s environmental department. To achieve this, he estimates the city would need to invest about €250,000.

“The juice is fructose made up of very short carbon chains and the energetic performance of these carbon chains during the fermentation process is very high,” he said. “It’s not just about saving money. The oranges are a problem for the city and we’re producing added value from waste.”

read more at: https://www.theguardian.com/environment/2021/feb/23/how-seville-is-turning-leftover-oranges-into-electricity