A review of multiple data sources for British Columbia and the Pacific Northwest for current snowpack levels and water equivalent levels compared with those versus history shows low levels worthy of note.
Indeed, current average water equivalent levels in BC are well below historical levels and significantly lower than the comparative in Q1 2021.
Moreover, snow water equivalent levels across the U.S. Pacific Northwest are well below historical levels throughout Oregon and have deteriorated in recent months.
Given the large amounts of hydroelectric generation in the region, water levels are meaningful for many Western power markets and other parts of the overall energy ecosystem (i.e., natural gas-fired generation and pipeline flows in selected sub-markets).
Integral to our investment analysis is evaluating not just how a company’s strategy affects earnings, cash flows, and returns but also the change in its CO2 intensity. We do so with our proprietary interactive Emissions Metric Model, which measures the change in CO2 emissions per unit of energy. We are launching our CS emissions, metric model.
Hemophilia is a rare, X-linked recessive genetic disorder characterized by insufficient production of a protein necessary to clot. There are approximately ~20,000 hemophilia patients in the US and ~200,000 patients worldwide.
Semiconductor inventory was up to 95 days in 1Q22, above the 85-day 1Q average since 2019 and the 77-day median of the past decade. Global fabless inventory is up to 102 days now, above the high end of its 67- to 99-day range owing mainly to aggressive wafer procurement and slower consumer demand. IDM inventory ex-Intel was also up in the upper half of its 90- to 130-day 10-year range, but restocking continues for broad-based demand. The profile is consistent with our observations on easing display, mobile, and consumer component tightness, but still-tight analog IC supply.
