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Foresight Raises $US25 Million to Close the Execution Gap in the Global Infrastructure Supercycle

Foresight, an AI-powered project delivery platform for large-scale infrastructure, announced it has raised $US25 million in Series A funding. “Delays in major projects are not rare events caused by black swans. They are systemic, driven by small, compounding execution failures and predictable human biases in planning and decision-making. My research at Oxford has spent years quantifying this problem," said Dr Atif Ansar, co-founder and Excecutive Chairman at Foresight and Programme Director, Oxford Programme on the Sustainable Future of Capital Intensive Industries at the Oxford Smith School. 

 

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Would more North Sea drilling lower UK energy bills? Our analysis says no

Cassandra Etter-Wenzel, Anupama Sen and Nadia Schroeder explore whether drilling more oil and gas from the North Sea could lower household bills in The Conversation. "Our analysis suggests the effect would be minimal. Even if the UK maximised North Sea extraction and returned revenues directly to households, the reduction in energy bills would be at most a modest £82 per year – far smaller than the savings expected from accelerating the shift to renewable energy."