EU ministers recommend ending public funding for oil, gas and coal

first_img FacebookTwitterLinkedInEmailPrint分享Reuters:The European Union should phase out its funding of oil, gas and coal projects, EU finance ministers said in a joint statement on Friday, in a move that could mark a major shift in the bloc’s efforts to combat climate change.It is the first time EU finance ministers have backed a declaration urging an end to fossil fuel funding altogether, having called previously only for an end to funding for coal power plants.An outright phase-out could halt multi-billion-euro financing of fossil fuel projects by the European Investment Bank (EIB), the EU’s financial arm.Last year, the EIB funded nearly 2 billion euros ($2.10 billion) of fossil fuel projects. Since 2013, such funding has amounted to 13.4 billion euros, EIB data show.However, gas projects in Ukraine, Croatia and other EU partners might still be funded after Hungary pushed for a waiver, fearing those countries would otherwise need to rely on Russia, confidential documents seen by Reuters show.Despite being a top financier of worldwide projects aimed at tackling global warming, the EU is ironically also funding fossil fuels, as many of its 28 member states back gas projects to reduce their reliance on nuclear energy or coal.But EU ministers on Friday in a joint statement called on the EIB and other global financial bodies, such as the World Bank, “to phase out financing of fossil fuel projects, in particular those using solid fossil fuels, taking into account the sustainable development, and energy needs, including energy security, of partner countries.”The political declaration needs to be backed up by a formal decision by the EIB board, which is composed by representatives of the 28 EU states.More: Worried by climate change, EU moves to end fossil fuel funding EU ministers recommend ending public funding for oil, gas and coallast_img read more


Senate to Blame for UC Delays, Layoffs

first_img SHARE Email Facebook Twitter Senate to Blame for UC Delays, Layoffs Like Governor Tom Wolf on Facebook: By: Jeff Sheridan, Press Secretary The Blog For more than six months, the Wolf Administration has been working extensively with the Legislature to fund the Service Improvement and Infrastructure Fund, which supports technology upgrades, benefit modernization and unemployment compensation call center functions among other things. House Bill 2375, which would have funded the system, passed the House in overwhelming, bipartisan fashion and was approved by two Senate committees with bipartisan votes.However, Senator Scott Wagner led the charge to stop a vote on the bill — which would have funded the system — and thereby decided to make it harder for working class people who have lost their jobs to pay their bills, put food on the table, and find new employment. Additionally, because the Senate did not take a vote on the bill, more than 500 unemployment compensation call center employees will lose their jobs.If the Senate had followed through on their promises to pass this critical legislation, Governor Wolf would have swiftly signed the bill, which would have kept the call centers open and saved the hundreds of jobs in the call centers.Governor Wolf cannot sign a bill that is not on his desk.The Wolf Administration has been open and transparent and has provided information to the Legislature about this issue since January 2016. Their decision to hurt working families and not vote on this bill is the is why the people of Pennsylvania lack confidence in their Legislature.Governor Wolf has urged Senate Republicans to act on the reauthorization of this legislation as soon as possible so that the impact to those facing furloughs can be mitigated to the greatest extent possible.Every person that will be laid off, every single unemployment insurance payment that is delayed, and every call that is not answered is unfortunately due to the lack of action by and a failure to pass this bill before the legislature went home for the holidays. SHARE TWEET December 13, 2016last_img read more


Charles to lead Essquibo In Under-17 Inter-County tournament

first_imgNATIONAL Under-15 all-rounder Sheldon Charles will lead Essequibo in the upcoming  Under -17 Inter-county tournament scheduled to commence on April 6th in Georgetown.The versatile Charles has been in prolific form this season with both bat and ball and will spearhead a strong batting line-up which also includes Wazim Mohamed and Ronaldo Scouten; both recording centuries recently along with Alex Alli, Azizi Christiani and Aryan Persaud.Exciting fast bowlers, Nazir Mohamed and Dreshaun Phillips, as well as Charles will seek to make early inroads with the new ball. The spin department will be boosted by the spin of Abdool Nazir, Ronaldo Scouten and Ryan Atkinson; all of whom turns the ball prodigiously.The full squad reads:- Sheldon Charles (Captain), Jason Holder, Nazir Mohamed, Alex Alli, Wazim Mohamed, Sunil Persaud, Addul Nadir, Ryan Atkinson, Azizi Cristiani, Uriah Stoll, Dreshaun Phillips, Oren Gibson, Ronaldo Scouten and Aryan Persaud. The manager is Nazeer Mohamed while Nankishore Andrews will perform the duties of coach. The competition will involve the three counties along with a President’s XI as the players will battle for championship honours while vying for selection on the national team for the Regional tournament.last_img read more


Men’s basketball: UW moves up in rankings, earns Happ Big Ten Player of the Week

first_imgUniversity of Wisconsin men’s basketball’s sophomore forward Ethan Happ was named Big Ten Player of the Week Monday for the second straight time for his effort in wins against Penn State and Rutgers.The Illinois native has quickly asserted himself as one of the most consistent scorers in Madison and the Big Ten, notching more than half the team’s points in an overtime win against the Scarlet Knights Saturday.Despite the slump in play by the now No. 10 team in the country, Happ has raised his level of play to match the loss in production by some of the more experienced players. Wisconsin was down nine points with less than three minutes to go against Rutgers, leaning on Happ to will them to victory and score the game tying bucket at the end of regulation to send the match into extra time.Marissa Haegele/The Badger HeraldMen’s basketball: Happ’s 32 points salvage Badgers at Madison Square GardenThe University of Wisconsin men’s basketball team returned to Madison after an overtime thriller Saturday at Madison Square Garden in Read…With the 46 points, 14 rebounds, seven steals, four assists and two blocks this past week, the sophomore is now the first player to win the award of Big Ten Player of the Week consecutively since 2005. What was almost more crucial than the sheer stat totals was Happ’s leadership in the closing moments to save the day and keep the Badgers at first in the Big Ten.Unlike Happ, seniors Bronson Koenig and Nigel Hayes had disappointing showings this past week, and it was apparent on the stat sheet. Against Rutgers, Koenig shot 2-13 from the field while Hayes went 2-7. Vitto Brown continued his shooting slump, posting a 0-8 shooting performance and three turnovers.While Happ’s dominant couple of weeks were a positive in that Wisconsin came away with wins, the style of play isn’t sustainable and will have to change if the team wants to stay in the top 10.last_img read more