Business

Researchers looked at 15 strategies that would decrease sector’s energy use intensity, thereby lowering greenhouse gas emissions, and found increased profits from all of them.

29
July
2020

Investment in new energy-efficient, greenhouse gas mitigation strategies by oilsands producers could net them some important profits, according to a model developed by a research group at the University of Alberta.

Engineering professor Amit Kumar and his team investigated 15 strategies covering all areas of the oilsands sector—in situ extraction, upgrading and surface mining—and found that each strategy could financially benefit oil sands extraction operations.

In their paper published in the Journal of Cleaner Production, Kumar’s group predicts that if the strategies are implemented, there is potential to reduce cumulative energy consumption in the oilsands by eight per cent and greenhouse gas emissions by seven per cent by 2050. The average greenhouse gas mitigation would be 7.6 million tonnes per year.

According to the Gov...

Headlines

11
August
2020
| 06:00 America/Tegucigalpa

How to handle digital overload

Being online all the time can be exhausting, say U of A experts who offer tips for anyone working or learning from home.

It didn’t take long for Rylee Sargeant to start feeling tired and headachy after she, like everyone else, was forced to work remotely when the pandemic struck in March. “Lethargic is how I’d
22
July
2020
| 10:34 America/Tegucigalpa

Obesity rates likely to rise during COVID-19 pandemic, study suggests

New consumer psychology research shows people under financial stress want to eat more of everything.

As financial stress mounts, so does the desire for all kinds of foods, according to a University of Alberta study that hints the COVID-19 pandemic will increase obesity rates, especially among those
10
July
2020
| 06:00 America/Tegucigalpa

Success begets success in crowdfunding—but so does falling just short, study shows

If entrepreneurs can’t follow in the footsteps of blockbuster ideas, they should aim to come in behind campaigns that nearly reached their goals, business researchers find.

Entrepreneurs looking to raise money on crowdfunding sites are better off following in the footsteps of ideas that fell just short of their fundraising goals than coming in behind projects that
06
July
2020
| 10:52 America/Tegucigalpa

Research reveals which types of leaders are more likely to burn out

Being too hands-off can be as stressful for leaders as being too engaged, U of A researcher finds.

Being everything to everyone or being too hands-off are leadership styles that are more likely to lead to burnout in managers, according to a University of Alberta business study. “Depending on
02
July
2020
| 06:00 America/Tegucigalpa

Five ways COVID-19 will change the food business

New eating and shopping habits likely here to stay as pandemic measures ease, U of A food economist predicts.

Eating at home more and sticking with online delivery or takeout are habits likely to persist even as pandemic measures ease, according to a University of Alberta expert. “The ‘new normal’ is
29
June
2020
| 05:55 America/Tegucigalpa

Investing in green future easier said than done for Alberta, say economists

Capitalizing on an educated workforce and taking a hard look at taxation would help the province diversify its post-pandemic economy, according to two U of A experts.

UPDATED July 3, 2020: A previous version of this story noted that economics researcher Bob Ascah is a current fellow of the U of A's Institute for Public Economics. It has been updated to note
25
June
2020
| 05:50 America/Tegucigalpa

Repurposing spaces left vacant by COVID-19 could breathe new life into cities, says researcher

New guide shows how planners can revive social life of urban centres by shifting focus of vacant spaces from commercial to cultural.

In the wake of economic fallout from COVID-19, urban centres could see a sharp increase in abandoned spaces as some businesses are forced to close. But vacant space doesn’t have to sit idle,
17
June
2020
| 06:00 America/Tegucigalpa

Why Canada needs more people to keep working longer

Putting off retirement could make sense for both employees and employers, says U of A gerontology researcher.

Organizations in Canada will be faced with shortages of skilled workers if they don’t find ways to keep retiring ones working longer, according to a University of Alberta gerontology researcher who
12
June
2020
| 06:05 America/Tegucigalpa

Hosting NHL playoffs could help Edmonton attract investment and talent, say experts

Marketing wins outweigh limited economic benefits for city, province and Oilers, according to U of A sports management researchers.

If Edmonton is selected as one of the two host cities for the 2020 NHL playoffs, the big winners will be the province's health-care system and its ability to attract talent, according to a pair
02
June
2020
| 05:50 America/Tegucigalpa

Pandemic increases importance of entrepreneurship and innovation

Business professors see long-term growth possibilities in post-pandemic landscape.

Joseph Doucet sees no economic upside to the global pandemic, at least in the short term.  “There’s no sector, really, that’s immune,” said Doucet, dean of the Alberta School of Business. “We
27
May
2020
| 06:00 America/Tegucigalpa

U of A spinoff company developing simple blood test to predict severity of COVID-19 in patients

Nanostics using diagnostic technology to help health professionals intervene more quickly and efficiently with patients who are likely to need hospital care.

A University of Alberta spinoff company focused on creating and commercializing non-invasive diagnostic tests is developing a simple blood test to predict the severity of COVID-19 in positive