French banks to be required to stop lending to coal projects

first_imgFrench banks to be required to stop lending to coal projects FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):France will force its financial institutions to stop financing coal mines and coal-fired power stations if they do not stop that kind of lending voluntarily.Bruno Le Maire told a climate conference in Paris that he would meet banks, insurers and asset managers in the coming weeks and ask them to undertake new commitments to end the financing of highly polluting industries such as coal. These commitments would be checked and the results made public, he said in a speech at the UN Environment Programme Finance Initiative 2018 roundtable. If they are not met, they will be made binding.Friends of the Earth France on Nov. 26 published a report criticizing the major French lenders —BNP Paribas SA, Société Générale SA, Natixis and Crédit Agricole SA— for financing companies developing coal projects. It said the four banks have provided more than €10 billion to companies involved in coal and coal-fired power station projects since the 2015 Paris agreement on climate change, a 52% increase compared to the three years prior to the accord.Nevertheless, French banks are widely regarded as having taken the lead among European lenders to combat climate change. A ranking by ShareAction in November 2017 had BNP Paribas as the leader in managing climate-related risks, with Crédit Agricole and SocGen among the top five.In 2015, Natixis said it would end the financing of coal-fired power stations and thermal coal mining projects worldwide. BNP Paribas, SocGen and Crédit Agricole have also said they would end their financing of coal mining projects.More ($): France to force banks to end coal financing if they do not stop voluntarilylast_img read more

Fans Don Costumes for Long Island ‘Doctor Who’ Convention (Photos)

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York By Joe NuzzoThe Long Island Doctor Who convention was held at the Hyatt Regency Hotel in Hauppauge this past weekend. The convention moved to the Hyatt after it outgrew its former home at the Clarion Hotel in Ronkonkoma.Fans from 45 different states and countries as far as Australia came to Long Island to celebrate their fandom and meet celebrities from the BBC television series. The convention sold out all of its convention rate rooms at the Hyatt and three overflow hotels nearby.“Hotel cons are something we really enjoy,” Andre Tessier, the LI Who media manager told the Press. “A lot of coming to an event like this is socializing. As the panels wind down at night fans can get together at the bar, share a few drinks, and catch up.”The success of LI Who outlines the need for a dedicated hotel and convention center here on Long Island, organizers said. Although the new home for this convention, like Doctor Who’s time travel machine the TARDIS, is “bigger on the inside,” the convention still needed the use of an outdoor heated tent for some events.Long Island Doctor Who Convention (Photo credit: Joe Nuzzo)“Had I run this convention in 49-and-a-half other states in the union (including upstate NY) I’d have a perfect place to do it” show runner Ken Deep told the Press, “on Long Island which is a major tourist destination, the one thing we don’t have is a proper convention center.”Over the past year, Long Island has hosted several other notable sci-fi conventions: The LI Geek convention, which was held at MacArthur Airport, and Eternal Con, which was held at The Cradle of Aviation Museum. “Although these are wonderful places for the atmosphere,” Deep said, “they are not designed for conventions.”When asked if Deep felt that Long Island misses out on conventions due to a lack of a proper space, he told the Press: “I have no doubt, because I’ve had a lot of challenges trying to make this happen.”LI Doctor Who Convention (Photo credit: Joe Nuzzo)Despite these challenges, the LI Who convention was filled with happy fans dressed up in colorful costumes. Celebrities were busy posing for pictures and signing autographs. Vendors were busy selling merchandise and panels ran passed midnight on Saturday. “When someone travels 24 hours and halfway around the world to be at your convention,” Deep said, “you want to give them a great experience. No pressure!”From the looks of the happy faces on convention attendees it seems that Deep succeeded.LI Who 4 is scheduled for Nov. 11 to Nov. 13, 2016 at the Hyatt Regency in Hauppauge. Tickets for LI Who 4 go on sale Monday Nov. 23. LI Doctor Who Convention (Photo credit: Joe Nuzzo)last_img read more

Phenomenal success of Međimurje: Distributed over 15.000 coupons and generated HRK 3.75 million in tourist spending

first_imgThe most significant result of the campaign is that in the first 30 days of the campaign, over 15.000 coupons were distributed with which guests can get more than 100 free experiences, which indicates the excellent non-board consumption of guests.  Which would be the case if both Međimurje and other continental destinations have little real support from the tourism sector. It is important to emphasize that the coupons are not actually distributed or distributed, the right word would be that they were purchased, because the coupons are received at the spent 250 kuna in the destination. Another lesson, how important it is to connect the story with the consumption and the realized overnight stay, and most of all with the quality content that is the motive for coming. “A domestic guest is always the best guest and always will be, and a domestic guest shows how important he is in this crisis. He should always be fought for. This whole campaign, right now when it’s hardest, is focused on the domestic guest. And the numbers speak for themselves when we were right when we focused on the domestic guest. In the first 15 days of July, we achieved a 2% increase in arrivals compared to the same period last year, and the campaign generated spending of HRK 3.75 million in Međimurje. “ The main focus of the campaign was the domestic market, ie to attract a domestic guest, and the idea of ​​the campaign “Međimurje gives more!” Is that guests for every 250 kuna spent get a coupon for one of more than 100 free services in the destination.  Arrivals of domestic guests achieved an index of 102%, and overnight stays 97% – so 2% more guests than in the same period last year and practically the same number of overnight stays as last year in the said period. And in the “peak” of the summer season. After a month of the campaign “Međimurje gives more!” the first results of the campaign conducted by TZMŽ in cooperation with partners are known. Authentic story, added value, quality, value for money – is a winning formula. Maybe we will finally understand this this year, because that is exactly where we have to build the new foundations of our tourist offer. The reach of the campaign on social networks is over 530.000 unique users, and the reach of the campaign via TV has generated over a million viewers in Croatia.  Međimurje visited more guests than last year, distributed over 15.000 coupons, generated 3.75 million kuna in tourist spending in Međimurje – this is the summary of the first month of the campaign “Međimurje gives more!” which has achieved more than phenomenal success. But the first tourist news of the year is how the campaign is in just one month resulted in tourist spending of 3.750.000 kuna in Međimurje! Rudi Grula, head of the Međimurje County Tourist Board The Tourist Board of Međimurje County in cooperation with LifeClass Terme Sveti Martin and about 50 partners from the public and private sector has launched a tourist campaign under the slogan “Međimurje gives more!“, Which runs from June 15 to September 15, 2020. Specifically, if we know that the campaign is measurable, because for every 250 kuna spent, guests receive one coupon, we can conclude that in the first month, tourist spending was realized of HRK 3.75 million in Međimurje. Which is the exclusive and measurable result of the campaign “Međimurje gives more!”. Also, the consumption is even higher, because each guest who used the coupon certainly generated additional consumption, such as visiting a winery through the purchase of wine, but this cannot be further measured. The goal of the campaign was to offer the market added value to tourists instead of competing in lowering prices, and in moments when the special focus on continental tourism is to position and impose Međimurje as an ideal destination that offers and gives more.  The current occupancy and interest in booking that these days are recorded by Međimurje accommodation facilities is a hope that this tourist year, despite all the circumstances, can be relatively successful. Also, it has been proven once again how to fight: lower price and lower quality vs. quality content and value for money, always wins quality, not quantity, as this example shows. A lower price would never have attracted so much attention and achieved this success.center_img Finally, at this moment, in the “peak of the summer season”, generate tourist consumption of 3.750.000 million kuna in Međimurje, And that in just a month of the campaign, is an amazing result. But not accidental. Međimurje has been building its tourist story smartly and sustainably under the radar for years, step by step, the foundations are excellent, and most importantly, and only in the coming years will it jump out and spread its wings like Istria, to the “surprise” of many. On the other hand, we should not forget that this is a continental destination, which is a totally different, more complicated and difficult story than that it is a destination on the Adriatic that has a secure tourist base, secure income and “sun and sea” as a motive for arrival. . “According to our research in communication with the owners in private accommodation, most of them are largely filled by September, and holiday homes with swimming pools are completely sold and filled. The trend is very positive, and the results of the campaign make us very happy, because in the “peak” of the summer season and in accordance with the whole situation this year, the growth of arrivals is a great success. We are most pleased that the campaign has realized our main goal, which is the motive of arrival as well as the most important generation of tourist spending, of over 3.7 million kuna. It is also significant that the campaign attracted 98% of individual guests, which speaks of its success. We will definitely go further with the campaign and invite all Croats to visit Međimurje, which always gives and offers more ” Grula concludes. From year to year, this smallest Croatian county justifies the title of the most successful continental tourist destination and raises the bar of excellence in all areas. And only in the future will it begin to spread its wings and be an example of how to sustainably and smartly develop continental tourism. The Međimurje County Tourist Board is also proud of the value for money and the quality of service in the destination. During the month of the campaign, an extremely high level of satisfaction of partners and guests was recorded, and so far none of the partners, as well as the Tourist Board of Međimurje County, have received a single complaint. Campaign “Međimurje gives more!” is by far our best domestic campaign. This is not just a short-term campaign, but this is an investment in our domestic guest. We have had about 50% of domestic guests so far, and we want that number to be a little higher, says Rudi Grula, head of the Međimurje County Tourist Board, adding that if we look at continental tourism in Europe in general, it always rests on domestic to the guest.  This is another proof of how easily I reject the domestic guest and domestic consumption. The domestic guest must be the base for the development before and after the season, and especially for the development of continental and rural tourism. This year, due to the emergency situation caused by the covid19 pandemic, on the one hand opened a great opportunity for continental and rural tourism, because it was precisely the focus and demand for them that was in the main focus. However, it was necessary to impose and position oneself, and Međimurje managed to do that phenomenally thanks to an excellent campaign that has a head and a tail. As part of the campaign, over 15.000 coupons were distributed, tourists generated tourist spending of 3.75 million kuna in Međimurje.  From 15.06. until 15.07.2020 (the first month of the campaign) there were 5.186 arrivals and 12.887 overnight stays, while the average length of stay was 2,48 days.  Rudi Grula, head of the Međimurje County Tourist Board: We should fight for a domestic guest who is always the best guest The first real effects of the campaign were shown in the first weeks of July, when Međimurje was visited by more guests than last year. Thus, from July 01 to July 15, 2020, 2% more arrivals were realized in Međimurje County than at the same time last year. I don’t know that ever in a tourist campaign, for the domestic market and a guest, 15.000 coupons were sold, ie awarded, and the campaign still lasts until September 15, 2020. On the continent, you have to have a special and different motive for coming (no sun and no sea), not to mention the financial, human and other resources available to continental destinations compared to their “sea” counterparts. Also, one key factor should be highlighted here. And that is the visionary Rudi Grulu, the head of the office of the Tourist Board of Međimurje County, who is one of the few tourist professionals in the system of tourist boards. last_img read more

‘Jamu’ to protective gear: Producers of most-wanted products facing business disruption

first_imgFurthermore, GP Farmasi executive director Dorodjatun Sanusi said that the rising demand and the depreciating rupiah against the United States dollar had also added to the cost calculations.Dorodjatun warned about the potential problems if pharmaceutical product prices remained at the current level.“[We] may be able to produce and distribute, but [we] will not be able to buy any more materials,” Dorodjatun said as quoted by Tempo.Logistics issues have also affected the operation of member companies of GP Jamu.Read also: ‘Jamu’ groups oppose House’s decision to import ingredients for ‘COVID-19 cure’The businesses have experienced difficulty in shipping products outside of Java, especially to Kalimantan and the eastern part of Indonesia.“It has been almost a month and products have yet to arrive,” GP Jamu chairperson Dwi Ranny Pertiwi Zarman said during the hearing.Jamu companies have also struggled financially. Some 30 percent of companies have laid off workers, Dwi explained.Fortunately for members of GP Jamu, most of the ingredients for their products are locally sourced, easing the process of obtaining the raw materials for production.“Ninety-nine percent of jamu ingredients are locally sourced, not imported. The procurement of raw materials is not an issue,” GP Jamu vice chairperson Thomas Hartono said.He added that the association planned on keeping the prices of their products at an affordable level to help in the fight against COVID-19.Global research firm Mintel notes that that consumers in Indonesia are stocking up on jamu, in pursuit of immunity boosts during the pandemic, despite the lack of clinical tests proving its effectiveness against the pneumonia-like disease.Read also: Market reports paint a bright, post-pandemic future for Indonesian ‘jamu’Meanwhile, the ongoing disruption caused by the epidemic has not deterred the Indonesian Textile Association (API), alongside the Indonesian Fiber and Filament Yarn Producers Association (Apsify), from helping the government in producing personal protective equipment (PPE) for medical workers in Indonesia but businesses are still suffering.API chairperson Jemmy Kartiwa Sastraatmaja said that as of the second week of April, production volume had plunged by 85 percent and factory utilization was down 90 percent. As many as 80 percent of the workers in the textile industry have also been laid off.Topics : Companies producing highly sought-after items such as medicine, herbal drinks and protective gear are struggling to keep up with a surge in demand as production and distribution costs rise amid the COVID-19 pandemic, industry groups have warned.On Monday, Indonesian Pharmaceutical Association (GP Farmasi), Jamu and Traditional Medicines Manufacturers Association (GP Jamu) and Indonesian Textile Association (API) expressed their concerns about the disruption in a meeting with lawmakers.Production costs have risen and logistics have been disrupted for pharmaceutical companies and jamu (traditional herbal medicine) producers. Textile manufacturers are struggling to adapt production lines to meet a surge in demand for protective gear. The problems have caused companies to limit operations and lay off workers to survive the pandemic. “Many airlines are grounded or are not allowed to fly, hence, [our] members fight over flights or vessels. [This leads to] airlines and shipping companies increasing their prices,” GP Farmasi chairperson Tirto Kusnadi told a virtual hearing with House of Representatives Commission VI overseeing trade, industry and state-owned enterprises.“The price of medicine in the market will rise because the price of raw materials that we import and the cost of transportation have soared,” Tirto said. Raw material and distribution costs have so far increased threefold and fivefold, respectively, he added.Read also: Medicine prices could soar 60% on raw material disruptionThe government has pledged to provide additional support for businesses importing medical equipment and medicine needed to handle the pandemic by eliminating import duties. That, and Presidential Instruction No. 6/2016 on the acceleration of pharmaceutical industry development and healthcare tools and equipment have yet to result in any significant change, according to GP Farmasi.last_img read more

Tidewater Basin Scheme on Display

first_imgImage source: City of North Myrtle BeachOn or about March 1, 2018, Beam & Associates, Inc. will issue a bid package for a project which involves drying, relocation, and removal of dredged material (mud and mud/sand mixture) from the Tidewater Basin, located off Little Neck Road in North Myrtle Beach, SC. The scope of the work for this project will be as follows:dry the dredged material that is currently stored within the basin and use the dried material to raise/widen the existing inside berms and extend the existing cross-dike;excavate the existing dredged material down to the previous bottom elevation, either remove it from the site or dry it to dike-ready consistency and re-use it to supplement available sand (currently stored within the basin).The dried/mixed material will then be placed back in the basin to raise the bottom elevation in accordance with the approved Army Corps of Engineers Restoration Plan.Contractor will also be required to provide, along with his bid proposal, the site location for final permanent material disposal.According to the official announcement, all work should be completed by September 1, 2018.[mappress mapid=”24824″]last_img read more

MAIB: Cargo Ship Grounded after Bridge Left Unattended

first_imgThe general cargo ship Ruyter ran aground on the north shore of Rathlin Island on October 10, 2017 after its master left the bridge unattended, a report from UK’s Marine Accident Investigation Branch (MAIB) showed.The master of the Netherlands-registered ship had been consuming alcohol before taking over the watch, contrary to the company’s policy. The chief officer had previously been concerned over the master’s regular excessive consumption of alcohol, but at the watch handover had been satisfied that the master was fit to take the watch.After taking over the watch, the master adjusted the autopilot to steer 185° to avoid the north-west bound ship Shannon Fisher. Soon after, he again adjusted the autopilot to steer a south-easterly course.At 2105, Ruyter’s master set the autopilot to steer 145°. The ship then maintained this heading until about 2311, when it ran aground on the north shore of Rathlin Island.The chief officer, who had been woken up by the noise and vibration of the vessel grounding, was on his way to the bridge when he met the second officer, who had also been woken. They reached the bridge together to find it deserted. There were numerous alarms sounding, including the bilge alarm for the bow thruster space.MAIB’s investigation found that Ruyter grounded because no action had been taken to correct a deviation from the ship’s planned track. The master, who was the sole watchkeeper, had left the bridge, and the bridge navigational watch alarm system, which could have alerted the chief officer to the fact that the bridge was unmanned, had been switched off.Ruyter’s bow shell plating and frames were damaged by the grounding, which resulted in flooding of the bow thruster space and forward voids. Only hours after the incident, the vessel was refloated without assistance and, after inspection at Carlingford Lough, proceeded to Belfast for temporary repairs.The ship’s manager, VD Innovation BV, has since taken action, including the introduction of random alcohol testing and the empowerment of its crews to alert any concerns they may have to the company.Ruyter was on passage from Skagen, Denmark, to Warrenpoint, UK with a cargo of sawn timber.last_img read more

U.S. weekly offshore rig count down to 25

first_imgThe number of offshore rigs in the U.S. decreased to 25 units this week, according to weekly rig count reports published on Friday by Baker Hughes, a GE company. Source: Flickr, Author: SP Mac – shared with permission from the photographerBaker Hughes Rig Count: U.S. -8 to 946 rigsU.S. Rig Count is down 8 rigs from last week to 946, with oil rigs down 3 to 776, gas rigs down 5 to 169, and miscellaneous rigs unchanged at 1.U.S. Rig Count is down 102 rigs from last year’s count of 1,048, with oil rigs down 85, gas rigs down 17, and miscellaneous rigs unchanged.The U.S. Offshore Rig Count is down 1 rig to 25 and up 9 rigs year-over-year.Baker Hughes Rig Count: Canada + 9 rigs to 127 rigsCanada Rig Count is up 9 rigs from last week to 127, with oil rigs up 2 to 85 and gas rigs up 7 to 42.Canada Rig Count is down 96 rigs from last year’s count of 223, with oil rigs down 69 and gas rigs down 27.Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today please contact us via our advertising form where you can also see our media kit.last_img read more

Construction worker hit on SR 3

first_imgLetts, IN —Saturday morning the Decatur County Sheriff’s Office responded to a construction site accident involving a semi-truck driver and construction site worker on State Route 3 and 700 South.  When responders arrived on the scene, they discovered that a semi-truck driver struck a construction site flagger. An INDOT paving project is currently in progress along SR 3 from SR 46 South to Westport.  The worker was transported to Decatur County Memorial Hospital, then was flown out by Stat Flight to a trauma center. The condition of the worker is unknown at this time.  The crash is still under investigation by DCSO.last_img read more

Fergie remembers humble beginnings

first_img At West Brom on Sunday, Ferguson’s 1500th and final game as Manchester United boss will bring down the curtain on the most remarkable career in British football history. With 49 trophies, it is by far the most successful, ensuring the 71-year-old will go down in the history books, never to be removed. And as he prepared for the end, Ferguson could not help recalling where it all began, at Firs Park in Falkirk, home of East Stirling. He said: “I have had 39 years as a manager. On that day in 1974 when I started at East Stirling, I had eight players and no goalkeeper. Today I have six goalkeepers and about 100 players.” As Sir Alex Ferguson prepared to end his magnificent managerial career he cast his mind back 39 years to the start – at East Stirling, with eight players and no goalkeeper. He added: “I remember the old chairman Willie Muirhead, he was a great chain smoker. When I asked him for a list of players he started to shake. His cigarette was going 100 miles an hour. “I had to remind him a couple of days later. He gave me a list of eight players and no goalkeeper. I said ‘you know it is advisable to start with a keeper, are you aware of that?’.” And so Ferguson began building the first of so many squads he has assembled during his time in the game. And he did it on a shoestring. “My first signing was a lad from Partick Thistle called Tom Gourlay,” he added. “He was big. My god he was big. I paid £1,000 for him. All the rest were £100 signing on fees and free transfers.” Glamorous it was not. Yet as Ferguson sees it, the lessons learned in those early days, sweating for a living in the lower reaches of Scottish League Division Two, provided an invaluable education for what was to follow, first at Aberdeen and, for the last quarter of a century, Old Trafford. “It is an education for anybody,” he said. “In management, anybody should start out in that kind of way. I spent £2,000 on five players.” Major interest around his last game concerns whether Wayne Rooney will be recalled after the England forward’s recent transfer request. Ferguson has already confirmed Anders Lindegaard will start in goal, with Jonny Evans and Phil Jones due to be partnered in central defence as the outgoing boss retains an eye on the future David Moyes will inherit when he takes over in the summer. center_img Press Associationlast_img read more

No luck for Geraghty on return

first_imgBarry Geraghty’s return to the saddle saw him finish sixth and second at Limerick on what were his first mounts as the new retained jockey to JP McManus. Geraghty was appointed to the role last month, replacing the now-retired Tony McCoy, and was in action for the first time since suffering a broken shinbone in March. He had another setback after being admitted to hospital with a kidney stone earlier this week. The Aidan O’Brien-trained Waver made some progress to improve going to two out in the Mike Denver Plays Limerick Racecourse Live On The 23rd July Rated Hurdle, but was never able to land any sort of blow. Geraghty said: “I had a good blow walking the course earlier as it started to rain going up the back straight; I’m fine riding but would be easily beaten in a race! “It’s brilliant (to be back), great (to get the job) and that was a nice introduction.” Geraghty’s other ride came on Hash Brown for McManus and trainer Michael Hourigan in the Book Online At Beginners Chase. Hash Brown momentarily looked like he might give Geraghty a first-day-back winner, but it was not to be. He gave chase after Sizing Platinum led at the fourth-last, but the leader had plenty left and jumped the last two well to seal success. Punch Bag had taken Waver’s race, completing a double on the card for Andrew Lynch. Trainer Brendan Duke said of his 9-2 winner: “It is unlikely he will run many times and will run at Ballinrobe in a four-year-old hurdle in a few weeks’ time. He’ll then have one more run before being left off until the spring, but I’ll have to break that news to his owners first! Press Association “He is progressive and will improve further and if he is lucky in life, he has a bright future.” Sizing Platinum (3-1), meanwhile, looks to have a bright future after what was a winning debut over fences. Trainer Henry de Bromhead said: “That was good and he jumped deadly and really well. It can be trappy enough here at Limerick but he seems to have improved for a fence. “He is big and raw and only coming to himself now. Our hands are almost tied as to where he will run next as there are very few novices over two miles during the summer with the Galway Festival and Kilbegnet Chase at Roscommon on that route.” Myles Ahead is bound for Galway after getting off the mark in the Celebrating The 4th July Maiden Hurdle. Lynch’s mount had four and three-quarter lengths in hand of Rocky Court, to reward those who sent him off the 11-10 favourite. Trainer Tony Mulholland said: “He has has been knocking on the door and putting him back to two miles helped. “We’ll look for a handicap at Galway next.” The feature Galway Plate Trial Handicap Chase went the way of Protaras (6-1) for Noel Meade and Ger Fox. Fox said: “We weren’t going to run him at all as we thought the ground might be too dead, but I kept him wide for the better ground and he jumped from fence to fence. “We put blinkers on him today as sometimes he can be quite lazy.” last_img read more