South Australia electric sector on track to hit 75% renewables by 2025

first_imgSouth Australia electric sector on track to hit 75% renewables by 2025 FacebookTwitterLinkedInEmailPrint分享The Guardian:South Australia’s energy minister says the state is on track to have 75% of its electricity from renewable sources by 2025 – the target set by the former Labor premier Jay Weatherill and once rejected by his Liberal government.The Liberal party was highly critical of Weatherill’s target when it was announced during this year’s South Australian election campaign, with the then state opposition leader, Steven Marshall, pledging to scrap it and the federal energy minister, Josh Frydenberg, likening the then premier to a clean energy addicted gambler “doubling down to chase his losses”. Prime minister Malcolm Turnbull had earlier described Weatherill’s renewable energy policy as “ideology and idiocy in equal measure”.But several expert analyses have found the state is likely to meet or nearly meet the aspirational target, which was not tied to a policy mechanism. The Australian Energy Market Operator has projected South Australia would have 73% renewable power by 2020/21 while consultants Green Energy Markets found it could reach 74% by 2025 without any additional policies being introduced.The South Australian energy and mining minister, Dan van Holst Pellekaan, said that was also his understanding. “That’s what the reports I’ve read are saying,” he said. “We need to harness it properly so consumers aren’t paying too high a price along the way.”Speaking in his electorate office in Port Augusta, home to the state’s coal power until the last plant closed in 2016, and now with up to 13 clean energy at varying stages of development including the solar thermal project, van Holst Pellekaan said the shift from coal to more clean energy in South Australia had been messier than it needed to be, but was inevitable. “We must transition away from fossil fuels towards renewable energy,” he said. “There’s no doubt about it. And we need to do it sensibly.”More: South Australia on track to meet 75% renewables target Liberals promised to scraplast_img read more

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Travel Diary: 2nd Annual Lexus Road Trip To Sag Harbor

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Sponsored Content Brought To You By NY Auto GiantPossessing all the characteristic checkboxes of the choice road trip destination, and then some, is none other than Long Island’s very own Sag Harbor, and with September right around the corner, it’s time once again for the annual Lexus Road Trip to Sag Harbor! Once a sprawling whaling oil port that in 1789 Congress declared the United States’ first official port of entry, this (not-so) secret village by the sea is rich in history, rife with natural beauty, and offers adventure-seeking travelers everything from breathtaking views and beaches to myriad shops, art galleries, museums, and absolute food-and-drink galore.Sag Harbor is also known as a writer’s colony, with such past residents including William Demby and John Steinbeck, and was the birthplace of poet George Sterling. When he’s not wowing audiences during sold-out gigs at Madison Square Garden, The Piano Man himself, Billy Joel, calls this seaside oasis home, and even docks his famous boat Downeastern Alexa at the Sag Harbor Yacht Club.For all these reasons and so many more, you simply cannot roll into a magical realm of this magnitude in just any old ride, dear auto aficionados. Well, you can, but why would you? No good justification. You need a worthy pair of wheels to transport you and your loved ones to the bountiful joy that surely awaits you here. Yes, you need an ultra-special chariot for this ultra-special journey. A ride unlike no other. Some wheels that will not only get you there in comfort, but will turn heads upon arrival. With its distinct and stunning elegance, style and reputation, yes, you’ll need a 2016 Lexus ES Hybrid. This beauty is the epitome of cutting-edge aerodynamics and luxury—while with a 40 MPG combined rating, it’s also easier on the environment.Visit NY Auto Giant and drive home your very own Lexus today!What’s that you say? You’ll be hungry once you arrive? Well worry not, for great food is definitely on the menu in Sag Harbor. So is excitement, sheer, splendid wonder, and of course, truly remarkable, absolutely memorable times. Swing by Bay Burger on your way into town and enjoy a delicious, homemade beef, turkey or fish burger, accompanied with some “loaded Fries-N-Tots” (Yes, those scrumptious lil tattlers!) sprinkled with crumbled bacon and melted chee, along with a shake or two. B-Squared churns their own ice cream, too, so dig into a tub of Joe & Liza’s many flavors while you’re here as well! Each tender morsel and gooey spoonful consists of all-natural and local ingredients!Stop by Cappelletti Restaurant for some amazing “Original Focaccia Sandwiches,” veal cutlet parm, pasta, pizza and calzones and leave s-a-t-i-s-f-i-e-d. For dinner and lunch the next day, change it up and take your pick: Doppio, Il Capuccino, Page At 63 Main or Muse In The Harbor—you can’t go wrong! Muse offers a must-devour brunch menu, touting such beautific creations as the “Smoked Salmon Stack,” “Tuna Menage A Trois” and “Peanut Butter Stuffed French Toast.” [Editor’s Note: Ummm. Must we really finish this blurb? Are we really expected to sit here and describe this stuff and not hop in the car and hit this, like, right now!? Yummm!! Sorry.]There’s simply too much to do and experience in this treasure trove of fun, so stay overnight at B&Bs Forever Cottage, just steps from Main Street, the equally charming Harborwoods Guesthouse, or any of the Saggler’s hotels and motels: Forever Bungalows, Baron’s Cove, Sag Harbor Inn and the historic The American Hotel, among them. You’ll also want to mosey on down to the Bay Street Theatre, home to countless show-stopping performances—Billy Joel made a surprise appearance here just last month! Of course, no such viewing would be complete without an ice-cold fresh brew of java at the ready (perhaps even two), so you’ll also want to shimmy and shake your way into The Golden Pear Café and/or BuddaBerry Frozen Yogurt & Waffle Bar (What a combo!) for a sweet, refreshing caffeine interlude. Hold your loved one’s hand as you stroll Sag Harbor’s quaint, vibrant Main Street, lined with shops and restaurants and brimming with life. Walk along the water, gentle breeze at your back, full, shining sun on your face and skin and the eminence of the hazy hot sun sprinkling sparkling slivers of sunlight dancing atop the waves and rippling magnificent tiny swirling vortex-miracles that make you question how such a paradise can exist so close to New York City, yet truly be so very far away.Pick up a copy of the award-winning Sag Harbor Express, peruse its pages and learn a little about the people, the places and the politics [Yuck!] that make this village what it is. Click Here To Learn More About NY Auto GiantIf history is your thing, then you are in for a grand treat, indeed. Head up the hill to the Old Burying Ground and Old Whaler’s Church—the former the scene of a raid during the American Revolutionary War and the latter once boasting a 168-foot-high steeple, formerly the tallest structure on Long Island, which collapsed in the Great Hurricane of 1938, aka “The Long Island Express.”Visit the Sag Harbor Whaling & Historical Museum—which in addition to its many artifacts, houses a nearly 160-year-old Masonic Lodge—and genuflect before The Broken Mast Monument in nearby Oakland Cemetery, one of many memorials to those sailors who lost their lives at sea in the pursuit of those majestic sea mammals. [Fun Sag Harbor factoid: The village is actually mentioned in Moby Dick!] A lil sleepy from all the chompin’ and explorin’? Take a lil nappler on any one of Sag Harbor’s many gorgeous beaches as the soft splashing waves upon the pristine shores lull you to slumber: Sagg Main Beach, W. Scott Cameron Beach and Havens Beach are but a few. When you awake, check out the mysterious critters abounding at the 187-acre Elizabeth A. Morton Wildlife Refuge, hike the diverse Long Pond Greenbelt—an 1,100-acre nature preserve—and/or wander Emma Rose Elliston Park, located along the shore of Big Fresh Pond! Mark your calendars, too, because Harborfest Weekend arrives in Sag Harbor on September 12 & 13,featuring an arts and crafts fair, farmers market, boat races, vendors and music!To drive home your very own Lexus—hybrid or not—call Leonard Cafarelli at Lexus of Massapequa or Keith Drago at Lexus of Rockville Centre!last_img read more

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CUNA seeks clarification about discrepancy in TRID implementation

first_img 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In a letter sent Friday, CUNA asked the Consumer Financial Protection Bureau (CFPB) to clarify an inconsistency and to exempt credit unions that make five or fewer mortgages in a calendar year from the Know Before You Owe rule, which includes the Truth-in-Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) integrated disclosures (TRID) rule.Last week the CFPB extended the effective date of this rule from its original date of Aug. 1 to Oct. 1. (See related story: Missed deadline by CFPB factor in TRID delay.)In the letter to CFPB Director Richard Cordray, CUNA noted a discrepancy between the CFPB’s previous TILA-RESPA Small Entity Compliance Guide and supplementary information to the TRID rule compared with text in the latest Small Entity Compliance Guide and the final rule text.“Now that the effective date for the regulation has been extended, we believe there is adequate time for the CFPB to correct this inconsistency so that the lending operations of credit unions are not negatively impacted and members can continue to receive financial services to meet their needs,” CUNA wrote. continue reading »last_img read more

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Going green low on agenda

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Pandemic could push 115m into extreme poverty in 2020: World Bank

first_img“The pandemic and global recession may cause over 1.4 percent of the world’s population to fall into extreme poverty,” World Bank President David Malpass said in a statement.If the pandemic had not struck, the global extreme poverty rate was expected to fall to 7.9 percent, but now could climb as high as 9.4 percent, the bank said in its flagship report.World Bank economists say the dire estimates for new victims of poverty this year, which range from 88 million to 115 million, depend on the outlook for the global economy, which the Washington-based crisis lender estimates range from a contraction of five percent to eight percent in the worst case scenario.That would erode years of success in reducing extreme poverty, and the authors warn create “poverty hotspots” in areas that face a double-hit from economic crisis and conflict: more than 40 percent of the poor live in conflict-affected areas. As many as 115 million people could be pushed into extreme poverty this year due to the economic downturn caused by the coronavirus pandemic, the World Bank warned Wednesday.That is a devastating reversal after decades of progress, and higher than the bank previously estimated, even as recently as August, when the worst case was put at 100 million. And the bank’s new report estimates that by 2021, 150 million could be living below the extreme poverty threshold of less than US$1.90 a day. The research also finds a rising share of those living in extreme poverty are in urban areas, which threatens to overwhelm existing support programs that are designed for rural populations.A distant goalInstead of achieving the goal of eradicating poverty by 2030, the convergence of the COVID-19 pandemic with the pressures of conflict and climate change will put the goal “beyond reach without swift, significant and substantial policy action,” the World Bank said, warning that the global poverty rate could be about seven percent in the next decade.”In order to reverse this serious setback to development progress and poverty reduction, countries will need to prepare for a different economy post-COVID, by allowing capital, labor, skills, and innovation to move into new businesses and sectors,” Malpass said.The bank said the policy response must be commensurate with the severity of the crisis, including modernizing education and online learning and deploying new technology to expand the reach of social protection programs.”Failure to act comprehensively and urgently will create even bigger challenges in the future,” the authors warned.Looking at a broader definition of poverty, the report found that close to a quarter of the world’s population lives below the $3.20 line and more than 40 percent – almost 3.3 billion people – live below the $5.50 line.Sub-Saharan Africa remains the epicenter of the problem, and could see an additional 40 million people fall into extreme poverty this year, and move closer to 500 million next year, according to the report.And climate change will drive 68 million to 135 million into poverty by 2030, with Sub-Saharan Africa again the most vulnerable.Latin America could see an increase of five million in the worst case scenario, and East Asia an additional nine million. The report does not include estimates for South Asia given the lack of data from India.Topics :last_img read more

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Martin Keown slams Shkodran Mustafi after woeful Arsenal performance against Crystal Palace

first_imgAdvertisement Advertisement Metro Sport ReporterSunday 21 Apr 2019 11:50 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link14Shares Shkodran Mustafi was at fault for all three goals Arsenal conceded against Crystal Palace (Picture: Getty)Martin Keown believes Shkodran Mustafi was at fault for all three goals Arsenal conceded in their shock 3-2 defeat against Crystal Palace.After keeping six clean sheets in their last seven matches, Mustafi’s presence in the starting XI heralded the return of familiar defensive failings which blew the race for the top four wide open.Christian Benteke was given the freedom of the penalty area to head home his first goal in a year, while Mustafi was guilty of switching off and allowing Wilfried Zaha a clear run on goal shortly after Mesut Ozil’s trademark finish had put Arsenal level.AdvertisementAdvertisementAnd to compound a woeful performance, the Germany international was guilty of being attracted to the ball and losing James McArthur for what would turn out to be the game’s decisive goal.ADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityCommenting on Mustafi’s defending, former Arsenal star Keown said: ‘The first goal was just a simple free kick. All they are guilty of is dropping a bit too soon with Jenkinson going just too soon and him being a new player it catches them. But Mustafi loses Benteke who is his man.‘For the second goal there’s no embarrassment to lose a ball against Benteke in the air. Mustafi’s in a good position and he just needs to drop off and deal with hit but he tries to outstrength Zaha. Martin Keown slams Shkodran Mustafi after woeful Arsenal performance against Crystal Palace Wilfried Zaha scored Crystal Palace’s second goal against Arsenal (Picture: Getty)‘He’s calling on his goalkeeper to come but there’s no pace on the ball. There needs to be better decision making, it’s costing his team. It’s avoidable. These are key moments.‘The corner they concede from. Mustafi, I’m coming for him again, McArthur is his man, do your job when everyone is attacking the ball and stay with him.‘Scott Dann flicks the ball on, Mustafi has lost his man and it’s an easy header for McArthur.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Commentlast_img read more

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EIOPA seeks info on sustainability risks in Solvency II world

first_imgThe European Insurance and Occupational Pensions Authority (EIOPA) is seeking information from insurers about the integration of sustainability risks in investment and underwriting practices.“With this call for evidence EIOPA will analyse how sustainability risks affect (re)insurers’ investments, with particular focus on climate change and collect market practices on insurance underwriting,” the supervisory authority said.The information-gathering exercise comes after the European Commission asked EIOPA to “provide an opinion” on Solvency II and sustainability, focusing on climate change mitigation.EIOPA said the Commission had asked it to assess whether Solvency II presented “any inherent incentives and/or disincentives to sustainable investment, including but not limited to investments in unrated bonds and loans, unlisted equity and real estate”. The “call for evidence” closes at midnight Central European time on 8 March. EIOPA said national supervisors would help the exercise by collecting information from relevant individual institutions within their jurisdictions.Based on the collected evidence and analysis EIOPA would then prepare a draft option for consultation during the second half of this year, for submission to the Commission in the third quarter.The supervisory agency also has a 30 April deadline to provide “technical advice” to the Commission on potential amendments or the introduction of delegated acts under Solvency II with regard to the “integration of sustainability risks and factors”. A consultation on its draft advice closes at the end of January.These steps are part of the implementation of the Commission’s sustainable finance action plan.In developing the technical device in relation to Solvency II, EIOPA was asked to bear in mind that a delegated act could be adopted under IORP II. This has been resisted by pension funds, and will be discussed during negotiations between the European Parliament and the EU Council, which adopted different positions on the matter.EIOPA also has a sustainable finance action plan, which it said aimed “to co-ordinate different projects with the aim of ensuring that insurers and pension funds operate in a sustainable manner” by:managing and mitigating environmental, social and corporate governance risks appropriately;reflecting preferences of policyholders and pension scheme members for sustainable investments; andadopting a sustainable approach to their investments and other activities. EIOPA’s call for evidence in relation to sustainability risks and Solvency II can be found here.last_img read more

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USDA launches website to highlight opioid resources

first_imgWashington D.C. — Assistant to the Secretary for Rural Development Anne Hazlett today unveiled a new webpage featuring resources to help rural communities respond to the opioid crisis.“While no corner of the country has gone untouched by the opioid crisis, small towns and rural places have been particularly hard hit,” Hazlett said. “The challenge of opioid misuse is an issue of rural prosperity and will take all hands on deck to address. The webpage we are launching today will help rural leaders build a response that is tailored to meet the needs of their community.”The National Center for Health Statistics estimates that more than 63,000 Americans died from drug overdoses in 2016. More than half of those deaths involved opioids, including prescription drugs and heroin.USDA is playing an important role to help rural communities address this national problem at the local level through program investment, strategic partnerships and best practice implementation.In April 2017, President Donald J. Trump established the Interagency Task Force on Agriculture and Rural Prosperity to identify legislative, regulatory and policy changes that could promote agriculture and prosperity in rural communities. In January 2018, Secretary Perdue presented the Task Force’s findings to President Trump, which included 31 recommendations to align the federal government with state, local and tribal governments to take advantage of opportunities that exist in rural America.In the area of quality of life, the Task Force included a recommendation to modernize health care access. The report highlighted the importance of telemedicine in enhancing access to primary care and specialty providers. The Task Force also found that improved access to mental and behavioral health care, particularly prevention, treatment and recovery resources, is vital to addressing the opioid crisis and other substance misuse in rural communities.last_img read more

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Ripley County commissioners consider zoning change to help Sunman residents

first_imgVersailles, In. — As Sunman area residents protest the proposed MGPI of Indiana barrel aging operation, Ripley County commissioners are taking legislative action but it might be too late. MGPI of Indiana plans to age up to 300,000 barrels to age in two warehouses.Concerns center around mold that is fueled by ethanol or the “angels share” that escapes during the maturation process. The mold, Baudoinia compniacensis, can grow in any temperature and is known to coat the surfaces of houses, cars and signs near barrel aging facilities.Commissioners are considering changes to the zoning ordinance, but that action could too late since the building has been purchased and officials at IDEM are already reviewing the permit application. If the plan is grandfathered in after zoning changes are made, a long legal battle could result.Sunman residents recently packed the town hall to demand answers from town council members, but have turned to commissioners after town elected officials expressed little concern amidst a sea of opposition.The Indiana Department of Environmental Management will hold a public meeting February 28 in the Milan High School at 5:30 p.m.last_img read more

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