Climate change and money – how to ensure your…
Do our savings impact climate change and how can we invest sustainably? Bryan Ferrari, Investment and Portfolio Manager at Spuerkeess’ Private Banking provides…
Once you’re in it, every traffic jam feels like the longest. The question is whether you have to or choose to be in it. International statistics on traffic jams are typically published by private companies that have an interest in the automotive sector. They do not consider whether the city in question offers attractive alternatives to commuting by car or not. The fact is that, as in any dynamic economy, there are daily traffic jams in Luxembourg. The government’s focus is to offer appealing options for as many journeys as possible, so that those that only can only be made by car or truck can take place under ideal circumstances.
Even a highway that is fully congested in terms of vehicles, is at least 75 % empty in terms of seating. In 2017, the average occupancy rate of cars commuting to work was 1,16 residents per car and 1,22 cross-border commuters per car. Every morning, 250 000 empty car seats (assuming 4 seats per car) are driven into the City of Luxembourg and left there to be parked. If there were 2 people in each car, there would be no traffic jams as of tomorrow morning.
Hence, one of the measures the government is taking is to adapt major highways, starting with the most congested of all, the A3, so that one lane can be reserved for carpooling. At chronically congested sections on regular roads, facilities for buses are being planned, so that commuting by bus becomes faster than commuting by car. A bus seating 54 people replaces 45 cars, which, depending on the speed of traffic, shortens the traffic jam by 500 to 700 metres per bus.
Initially, most of the phishing attacks were occurring through email, and "Spear-phishing" was one of them. The main characteristics of "Spear-phishing" is not the communication channel it is using but it's the nature of the target that is defining it. It is indeed targeted at a given individual, or a category of individuals, in a given organization. In a company, a spear-phishing attack may for example be directed at the accounting department, with the purpose of luring at least one of the accountants into providing credentials that can be later used for triggering fraudulent bank transfers. As any targeted attack, spear-phishing requires reconnaissance work before the actual attack, in order to identify the people who could be targeted, what are their interests, their possible motivation or any other personal information that will help to build trust and manipulate them.
Vehicles won't appear all that different in 15 years from how they look today. In terms of individual mobility, there will be a significant increase in cycling, particularly in densely populated regions. As far as public transport is concerned, there will be not just one line – but a tram network, including a line that goes all the way to Belval. There will be corridors for electric buses, lanes for carpooling, longer trains and more reliable connections. Although it is natural for start-ups to promote new technologies as disruptive gamechangers, there is no silver bullet in mobility. www.pnm2035.lu also comments on that topic.
About the blog:
There is an urgent need for rapid transition to global sustainability. Business and industry have enormous social and environmental impacts. "Why does it matter?" is a bi-monthly blog that aims to elucidate this important topic through the eyes of our experts.
Don't miss out our experts' practical tips for your daily life and be part of the positive change.