Norway’s Statkraft plans $8 billion investment in green energy

first_imgNorway’s Statkraft plans $8 billion investment in green energy FacebookTwitterLinkedInEmailPrint分享CNBC:Norway’s Statkraft has unveiled plans to invest roughly 10 billion Norwegian crowns ($1.23 billion) per year in renewable energy between 2019 and 2025.In an announcement Wednesday, the state-owned energy firm said it wanted to increase its onshore wind capacity to 6 gigawatts (GW) by 2025. In addition, it wants to boost solar capacity to 2 GW, also by 2025. Annual investments in the “renewal” of Norwegian hydropower plants will reach around 1.2 billion Norwegian crowns, it added.“The combination of our unique portfolio of flexible hydropower, in-depth market understanding, innovative solutions, as well as our customers’ increased interest in renewable energy make us a preferred partner for both producers and consumers of clean energy,” Christian Rynning-Tonnesen, Statkraft’s CEO, said in a statement.Statkraft said that its investments would be financed, in part, through earnings from existing businesses, supplemented by “systematic divestments of shares in completed solar and wind projects to financial investors.”The largest generator of renewable energy in Europe, Statkraft employs 3,500 people and produced 63 terawatt hours of power in 2017.More: Renewable energy powerhouse Statkraft to invest $1.23 billion in renewables per yearlast_img read more

CLIPS OF THE WEEK: Three Mountain Biking Gems to Give Your Weekend a Jump Start

first_imgShredding in the Sawtooths, Log Zilla, and Red Bull’s visit to Fayetteville, West VirginiaThis week’s mountain biking-themed ‘Clips of the Week’ could have you calling out sick and clearing off the schedule for an unanticipated early weekend. If so, we will take full responsibility.Rocky Knob Skills Area Preview from Kristian Jackson on Vimeo.Red Bull Switchboard from IANTMACY on Vimeo.last_img

Court system faces budget uncertainty

first_imgCourt system faces budget uncertainty Court system faces budget uncertainty Senior EditorFlorida courts and court-related agencies find themselves in a delicate position as the Florida Legislature begins a second special session to deal with the state’s budget crisis.On the one hand, the court, state attorneys, and public defenders took some difficult budget cuts in the first special session but nothing that would slice into vital operations.But that budget has now gone by the wayside, and lawmakers are scheduled to meet again from November 27 (after this News went to press) through December 6 to make even deeper spending reductions. And while the first special session may have shown that lawmakers are sensitive to the needs of the justice system, that’s no guarantee painful budget cutbacks aren’t coming.“We’re all sitting on pins and needles and as agency heads, we’re trying to avoid a mass exodus because there is a lot of apprehension among the staff,” said Fifth Circuit Public Defender Skip Babb, president of the Florida Public Defenders Association. “We came out relatively well [in the first special session] with a small reduction to meet our already overburdened dockets. We’re cautiously optimistic that we have gotten the message across we are very efficient as we are already, and as a public safety issue we are hoping the cuts will be minimal.”Third Circuit State Attorney Jerry Blair, president of the Florida Prosecuting Attorneys Association, said the budget from the first special session would have minimized and possibly eliminated the furloughs and layoffs some state attorneys feared would result from deep cuts.“Our cuts. . . amounted to about 1.7 percent of our general revenue, and they also gave us some flexibility to do fund shifts and do trust fund shifts to replace the lost general revenue,” Blair said. “I think most offices would have been able to get by with minimal furloughs and probably no layoffs.“We’re obviously holding our breath on the next round.”The main problem for state attorneys — as well as public defenders — is that 95 percent of their state funding goes for salaries. “If you make any significant cuts, it has to come out of payroll, either in layoffs or furloughs,” Blair said. Ironically, he said prosecutors may have benefitted from recent crime statistics which showed the number of arrests has risen. “Significant cuts in the criminal justice system were not a real wise thing with arrests increasing about 9.2 percent,” Blair noted. Deputy State Courts Administrator Lisa Goodner said it may be harder for the courts to do better in the second special session than they did in the first.In the initial session, the Senate and House had greatly different budgets, with the Senate making much smaller cuts, totaling about $800 million. The House wound up accepting that unchanged as part of a strategy to prevent a delay in a scheduled intangible tax cut, which was sought by the Senate but opposed by the lower chamber.A delay in that cut was scheduled to come up in the second session as part of a compromise between the two chambers. The goal for the next session is about $1 billion in cuts.The budget approved in the first special session cut about $28 million of the trial courts’ budget that would have come from general state revenues and then replaced about $25 million with trust funds.“So you’re talking about $3 million in actual cuts,” Goodner said. “There were 33 positions that would be eliminated in the trial courts.”That compared with 188.5 positions that were cut in the House’s tentative spending plan that never came up for a vote. “The House took a 7.5 percent reduction, and the bill did not specify where the positions would be taken from, with some exceptions,” Goodner said.Both the House and Senate would have cut 28 new positions in the 2001-02 budget for the guardian ad litem program that were never filled, she said.Aside from the trial courts, the district courts of appeal saw reductions in their law library and fixed capital expenditures, and the Fourth DCA’s mediation program was eliminated, Goodner said.At the Supreme Court, most of the cuts came from the Office of the State Courts Administrator. The Senate proposal did not actually reduce positions, while the House bill cut 10. Money was cut for the expenses of Supreme Court committees, among other functions, she said.In the new session, the House and Senate may take their original positions as starting points, Goodner said, adding, “I just consider that we are beginning a new process when they come back after Thanksgiving and all these issues will be debated again.”In a sense, the budget cutting process is an extension of recent accounting reviews the legislature has mandated that the courts carry out, she noted. That includes a recent zero-based budget review and an ongoing project mandated by the governor and legislature to ensure that best business practices are used in spending the state’s money.That requires the courts, as well as other state agencies, to identify every office as accomplishing a basic goal of government, and then showing how every operation helps accomplish that goal.“It’s an enormous amount of work for us to do, to quantify our budget down to the level we’re being asked to quantify it,” Goodner said. “We are trying to implement best business practices in every way that we can. There’s been a very careful internal examination of everything we do.”Aside from the budget machinations, the courts are also working on the funding shift with constitutional Amendment 7, passed by voters in 1998. That mandates that the state pick up a larger portion of trial courts’ expenses, effective in July 2004, she said.Goodner added all that work does have a positive side in “demonstrating to the public and the legislature we are good stewards of the money we receive.” December 1, 2001 Gary Blankenship Senior Editor Regular Newslast_img read more

Overlooked leadership actions that create an optimistic workplace

first_img 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr What does it feel like where you work? What about on your team?Today’s work environments are laden with low engagement to active disengagement. Employees’ belief in senior leadership teams are abysmally low. The work-life mix is jumbled up where employees work well after official quitting time has come and gone.It wouldn’t be a surprise if, when you asked employees what it feels like to work in your company, that the answer would be underwhelming.This unfortunate reality is adversely effecting turnover rates, a company’s ability to attract (and find) top talent, innovation, and profits and growth. People can’t do their best work when in a stifling workplace climate and culture.In short, workplace environments need help.The Optimistic WorkplaceThe optimistic workplace is an environment where people have hope and belief that good things will come from their hard work.It comes about when we look for what’s right in the work environment and what’s possible. We tend to narrowly focus on all that’s wrong with where we work. We overlook the good things that make a difference. When we do this, it’s difficult for optimism in the workplace to emerge. continue reading »last_img read more

3 ways to avoid charity scams

first_img 65SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Myriam DiGiovanni After writing for Credit Union Times and The Financial Brand, Myriam DiGiovanni covers financial literacy for FinancialFeed. She is also a storytelling expert and works with credit unions to help … Web: Details When a disaster strikes, most are moved to help those in need.The first reaction is to donate items such as food and clothing, but most organizations say money (cash or gift cards) offers greater flexibility in adapting to changing demands on the ground. Depending on the tragedy, food and clothing can be a logistics nightmare as far as shipping and delivery.Remember, the road to recovery takes time so you may also want to consider finding ways to support ongoing community rebuilding efforts.Unfortunately, for every person genuinely moved to donate their time or money, there are countless others who see tragedy as an opportunity to scam and steal. Whether through fake websites, crowdfunding campaigns, social media blasts or emails, you can expect charity scams to pop up within hours of any disaster.According to Consumer Reports and AARP, here are a few ways to limit your exposure to being scammed.Dig deeper:  Unless it’s an organization you’re familiar with or have previously donated to, do your research. Vet all charities through such watchdog sites such as,, the Better Business Bureau’s or Enter the charity’s name and you’ll find out everything from their reputation to what percentage of donated funds go to those in need. Simply searching for a website on Google is not enough, as scammers can make anything look “real”. Sometimes visiting the websites can even inadvertently trigger malware.Beware requests: Ignore any email or social media requests from random charitable organizations. Experts say these are likely phishing scams; never click on any links. Also be on the lookout for crowdfunding scams. A good rule of thumb is unless you know the recipient personally, find another way to donate.Go local: Work with community organizations you know well, whether through your place of worship, school or even a small, local nonprofit you’ve volunteered for. Get details on exactly what they have planned and how you can help. While money is the most flexible option, donating your time, a truck to help distribute supplies, or even opening your home to foster or adopt abandoned pets, can be just as valuable.last_img read more

Brisbane residents fall in love with apartment living

first_imgBrisbane is falling in love with apartments – and it’s creating a dramatic shift in the way Brisbanites live.In the inner-southern suburbs, CoreLogic RP Data’s median unit price of $688,750 outstrips the median house price by almost $80,000.Real Estate Institute of Queensland CEO Antonia Mercorella says many significant apartment projects are now well under way.“Like many inner-city suburbs such as Stones Corner, Coorparoo, East Brisbane and Carindale, significant developments are springing up,” she says.An artist’s impression of the apartment lifestyle on offer at South City Square, Woolloongabba.“Brisbane residents are falling in love with apartment living and we are seeing a dramatic shift in the way we live taking place.”Mercorella says The Frasers development, Coorparoo Square, will transform part of Coorparoo, bringing new retail and entertainment outlets to the suburb.“We expect this will lead to demand and long-term growth in median house and unit prices,” she says.The housing market in this price range offers just 32 homes.South Brisbane listings include a two-bedroom, two-bathroom apartment with one car park at the Brisbane One project for $659,000; a two-bedroom apartment with Mt Cootha views at The Art House priced at $676,500 or, a two-bedroom, two-bathroom apartment with two car parks at SkyNeedle for $700,000.The Linton at Kangaroo Point has a three-bedroom penthouse with city views for $688,300 while a two-bedroom, 119sq m apartment in The One project at West End, was $650,000.In Woolloongabba there is a 99sq m, three-bedroom, two-bathroom apartment at South City Square for $665,000.The rooftop swimming pool to be built at Coorparoo Square.All of the projects include significant resident facilities with resort-style pools, cinemas, saunas, rooftop spas and gardens, gyms and even a tennis court helping to entice buyers out of suburban homes and into the towers.Mercorella says significant development, particularly in the inner-city suburbs, has impacted property prices.The Kangaroo Point median house price of $951,000 in the 2015 September quarter grew 25.4 per cent compared with 12 months ago, and 42.6 per cent compared with five years ago.“In suburbs where affordability is a key factor driving demand, such as Moorooka, growth has been more modest and we expect similarly modest growth to continue throughout 2016,” she says.Moorooka’s annual median house price is $560,000 in the 2015 September quarter, up 5.2% compared with 12 months ago and 14.3% compared with five years ago.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agoFor those buyers still keen to secure their own space and a backyard in the inner-southern suburbs, there were a number of options at the lower CoreLogic RP Data house median price of $610,272.A tennis court, to be a feature at Coorparoo Square, is one of the resident facilities enticing residents out of houses and into apartments.Homeowners Michael and Jacky Hall, who are selling a recently renovated five-bedroom house at 60 Industries Rd, Moorooka, for $589,000-plus says having extra bedrooms and dual-living options are important factors when they purchased.“A lot of houses only have three bedrooms – our house is good value for money with the extra room downstairs,” Michael says. “We had it for my son when he used to live with us, or you can have it for elderly parents downstairs.”Other house listings include a post-war four-bedroom home at Yeronga for $619,000-plus, a recently updated three-bedroom home at Tarragindi for $620,000-plus or a three-bedroom Annerley home with original ornate ceilings and picture rails for $609,000-plus.New houses on offer include a Moorooka house-and-land package for $633,670 negotiable, from Rise Property. Features include stone benchtops, airconditioning, security screens and downlights.This story was originally published on The Courier Maillast_img read more

Red Hot Osimhen fires Lille into Coupe de France next round

first_img Loading… Free scoring Super Eagles striker Victor Osimhen was on target once more on Saturday, grabbing a 92nd minute goal to hand Lille next round place in the Coupe de France. Osimhen who has become a beautiful bride with top clubs seeking to have him for keeps increased the tally for Lille after teammate and homeboy Loïc Rémy had grabbed the opening goal in the 69th minute of the match. Lille proved they were the better and more experienced side playing against a fifth division side Gonfreville who only managed to keep 23% possession. Interestingly Osimhen started the game from the bench after replacing Luiz Araujo in the 61st minute, but got the consolidation goal that sent the fans into frenzy.Advertisement Promoted Content14 Hilarious Comics Made By Women You Need To Follow Right NowWho Is The Most Powerful Woman On Earth?Birds Enjoy Living In A Gallery Space Created For ThemThe Best Cars Of All Time9 Facts You Should Know Before Getting A Tattoo5 Of The World’s Most Unique Theme Parks7 Universities In The World Where Education Costs Too MuchWhat Happens To Your Brain When You Play Too Much Video Games?Everything You Need To Know About Asteroid Armageddon7 Most Beautiful Indian Top Models EverWhat Is A Black Hole And Is It Dangerous For Us All?2020 Tattoo Trends: Here’s What You’ll See This Yearcenter_img An elated Osimhen did celebrate the goal adding “There it is!!! The @victorosimhen9 GOOOOAAAAALLLLLL that seals our passage through to the @coupedefrance last 16 #ESMGOLOSC 0-2 Osimhen and teammates in dancing mood after zooming into next round of the french cup The Nigerian now boasts of 15 goals in his debut season for the French topflight outfit having joined from Sporting Charleroi as Nicolas Pepe’s replacement. Demand for Osimhen’s services continues to grow with clubs like Liverpool and Real Madrid reportedly showing interest, but it does appear that the Nigerian international is now allowing the buzz of possible transfer bother him as he continued to do his job of goal scoring. Read Also Lille not ruling out Osimhen sale Only recently former international Joseph Dosu advised Osimhen to  look before leaping adding that it is important if and whenever he moves it must be a club that will not only pay well but where he must have regular playing time. FacebookTwitterWhatsAppEmail分享 last_img read more

500 Updates Attendance Cap

first_imgINDIANAPOLIS (Tuesday, July 21, 2020) – Based on policies and procedures put into effect by the Indianapolis Motor Speedway, IMS officials announced today that attendance for the 104th Running of the Indianapolis 500 on Sunday, Aug. 23 will be approximately 25 percent of capacity. Face coverings will be required for all attendees.Ticket sales will not be permitted after Friday, July 24, further limiting the number of people who will attend the annual spectacle at the world’s largest outdoor sports facility.IMS has prepared a detailed, nearly 100-page plan that provides guidelines and protocols for how the race will be run this year. The plan will be released publicly Wednesday, July 22 ahead of a conference call with Speedway officials. A media advisory with details surrounding the conference call will follow shortly.“In June, we announced the race was on and that attendance would be limited to no more than 50 percent of capacity,” said Penske Entertainment Corp. President & CEO Mark Miles. “We also made clear we intended to do things differently this year. By offering credits to fans who had previously purchased tickets, encouraging those over 65 to stay at home, limiting attendance in the infield, reducing tickets in our suites and promising fans their decision to not attend would not impact their seniority or right to renew tickets for 2021, we now anticipate attendance at approximately 25 percent of capacity. We will welcome fans back, and we have an aggressive plan in place, which has been developed through collaboration with national, state and local health experts.”Indy officials have made clear this year’s race will include numerous safety precautions, including the reassignment of seats to provide for greater distancing; the issuance and required use of masks, distribution of hand sanitizer to all who enter; temperature checks in order to enter; and changes throughout the facility to minimize lines and gathering spots, including limiting options from concession stands to mostly pre-packaged foods. Numerous other changes will also be in place.“We look forward to welcoming fans back to the 500 in person. Our outdoor facility is mammoth, and with attendance of about 25 percent, it will certainly look different this year,” said Miles. “We want to demonstrate that even under current circumstances, people can gather with carefully planned procedures in place so we don’t have to go back to shutting down our country and our community.”IMS will fulfill all ticket requests that have been received from existing customers. Those tickets will be distributed beginning the first week of August.last_img read more

Rees: We made bad decisions

first_img “It was my call to go for the scrum. A few boys did not want to but I felt we were on top and had the ascendancy,” he said. “The next thing you know it shifted and we conceded a penalty. “I don’t want to say the scrum is becoming a lottery but it feels like it is going back to how it was.” Leinster coach Matt O’Connor, meanwhile, was delighted to have won on the road while denying their hosts the crumb of comfort a losing bonus point may have provided. “The boys fought hard and addressed most of the issues that let us down last week against Munster and it was a pleasing result. “We were pleased to make sure they did not pick up a bonus point as it could be important. Cup rugby is about getting what you can out of each contest and making sure the opposition get as little as possible. “It was a pretty intense contest, a great game of rugby. They had some key passages of play where they looked dangerous and credit to our guys as we defended incredibly well and made sure they came away with nothing. “That was probably the difference in the end.” Ospreys backs coach Gruff Rees felt his side had lacked the necessary emotional control as they started their Heineken Cup Pool One campaign with a damaging 19-9 home defeat to three-time winners Leinster. The Irish province were without the talismanic presence of Brian O’Driscoll but they were still able to secure what may prove a vital away win in Pool One, which also includes French champions Castres and Aviva Premiership runners-up Northampton. The Ospreys will head to Franklin’s Gardens next weekend knowing another defeat will leave them facing an almighty task if they are to reverse the recent trend of Welsh sides failing to reach the knockout stages. Rees said: “At key moments we made bad decisions. We were not smart under pressure, and they were the opposite. They did the right thing at the right time. “We worked really hard to try and get some attacking momentum but there were just some key moments. “We had a penalty at 13-9 which we took quickly which was unforgivable, and it meant it went to 16-9 and we were back under the pump. “We had a couple of opportunities where we could have turned the tables on them but we did not look after the ball, we were too shallow, too lateral in attack. It meant they won the race to the breakdown and they killed us there. “We have got to pick up this week and have a training programme with the right amount of rugby detail, but also get a smartness and urgency into our game because at times we had no emotional control, which was disappointing.” Captain Alun Wyn Jones was also unhappy at a scrum decision during the first half where his side were penalised having had the better of the set-piece battle up to that point, and suggested the new scrum regulations this season are not as effective as he would like. British and Irish Lions flanker Sean O’Brien scored the only try to cap an excellent personal display, with fly-half Jimmy Gopperth booting the rest of Leinster’s points with four penalties and a conversion. The Ospreys responded with three penalties from Wales fly-half Dan Biggar, but the hosts lacked the accuracy in attack and edge at the breakdown to overcome a side who have won European silverware in each of the last three seasons. Press Associationlast_img read more

Record-high heat wave swelters Los Angeles

first_imgDowntown Los Angeles was hit with a staggering high of 113 degrees Fahrenheit on Monday, the hottest temperature ever recorded for the area.Hot hot heat · Students escape from the heat by sitting in the pool outside Leavey Library. The temperature reached 113 degrees Fahrenheit on Monday, breaking a city record, but the high heat is expected to go down as the week progresses. – Nathaniel Gonzales | Daily Trojan The last record was set on June 26, 1990 with a high of 112 degrees Fahrenheit.Forecasts show that temperatures will remain in the high 80s for the next few days but will steadily decrease throughout the week.The university sent out a Trojans Alert advising students to stay hydrated and remain in air-conditioned buildings for the duration of the day.Many freshmen students said they found it difficult to keep cool because the majority of the freshman, however, dorm rooms on campus are not equipped with air conditioners.“It’s been pretty rough because I’ll try to go back to my room and it’s just unbearable being upstairs. So I’ll come down to the lobby to work, but the lobby is packed with people in every room,” said Ian Lipson, a freshman majoring in music industry who lives in Birnkrant Residential College.To deal with the heat, students said they are also sleeping in air-conditioned lobbies at night to keep from overheating.“There was no floor space in the [Birnkrant lobby] last night because everyone was sleeping on the floor. It feels like a big slumber party. It was ridiculous,” said Sara Carrion, a freshman majoring in international relations.Dr. Lawrence Neinstein, executive director of the University Park Health Center, recommended that students stay out of the sun as much as possible, drink water throughout the day and apply sunscreen when going outside.In addition, he said students should reduce their alcohol intake and dress in cool, loose-fitting clothing.The health center will be open to provide evaluations for anyone feeling faint or experiencing other symptoms related to the heat.last_img read more