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Corporations, Regardless of Current Government Policy, Continue Shift to Renewables

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first_img FacebookTwitterLinkedInEmailPrint分享Wall Street Journal:More of the world’s biggest corporations are taking the fight against climate change into their own hands, aiming to cut their energy costs, pre-empt regulation or burnish their reputations with investors and customers.Apple Inc. has draped its new California campus with solar panels. Wal-Mart Stores Inc. cut the energy consumption of its refrigerators. Steelmaker Thyssenkrupp AG streamlined trucking routes, Dell Inc. made its servers less power-hungry and Microsoft Corp. pledged Tuesday to slash its carbon output.Among just over 1,000 of the world’s biggest publicly listed companies, accounting for about 12% of total greenhouse-gas emissions, 89% have plans to cut those emissions, according to a survey from the CDP, a nonprofit platform for corporate environmental disclosures. That is a 16 percentage-point increase since 2011, said the CDP, formerly known as the Carbon Disclosure Project. Earlier this month, a group led by former New York Mayor Michael Bloomberg and California Gov. Jerry Brown presented a climate pledge under which 1,400 businesses have set emissions-reduction targets.Investors with $100 trillion in assets world-wide—including BlackRock Inc. and Goldman Sachs Group Inc. —say they refer to the CDP’s database when making investment decisions.This month HSBC Holdings PLC said it would invest $100 billion in low-carbon businesses before 2025, and cut financing for new coal-fired power plants in the developed world and thermal-coal mines world-wide.“You don’t want to be the last one that wants to get out of certain assets once you realize they are no longer viable,” said Daniel Klier, HSBC Holdings’ global head of strategy and sustainable finance.Companies say setting targets and working to cut emissions helps them get a head start on any coming government mandates.More ($): How Companies Are Pushing Ahead on Climate-Change Targets Corporations, Regardless of Current Government Policy, Continue Shift to Renewableslast_img read more

Good Governance: A case for reaching higher

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first_imgThe Federal Reserve In August, the Federal Reserve published its Proposed Guidance on Supervisory Expectation for Boards of Directors and invited comment and discussion on the subject of better performance though better governance—a topic near and dear to us at Quantum Governance.These proposed guidelines, which apply directly to the boards of directors of banks and savings and loans (not credit unions), seek to “establish principles regarding effective boards of directors focused on the performance of a board’s core responsibilities.” These proposed guidelines are inspired largely by the 2007-2009 financial crisis and are designed around supporting “safety and soundness.” While we applaud any effort to improve governance, we are concerned that these guidelines are too focused on the oversight or a “supervisory” role for the board. That is, they are concerned largely with mitigating exposure to risk and, as such, promote a narrow view of the board’s role in governance. Even though the proposed guidelines do not directly apply to credit unions, we think it is vital to comment, as there are natural parallels to credit union governance.The Fed’s proposal seeks to better distinguish the role of the board from that of management by encouraging the board to focus on its core responsibilities: (1) setting clear, aligned and consistent direction; (2) actively managing information flow and board discussions; (3) holding senior management accountable; (4) supporting the independence and stature of independent risk management and internal audits; and (5) maintaining a capable board composition and governance structure. continue reading »center_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Indonesia ready to assist citizen confirmed with COVID-19 in Australia

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first_imgThe department is seeking to contact anyone who was traveling on Virgin Airlines flight VA682 from Perth to Melbourne on March 2, which was the flight taken by the patient when she was already showing symptoms of the respiratory illness.The Indonesian Health Ministry’s Disease Control and Prevention Director General Achmad Yurianto said his ministry had coordinated with Indonesian representatives in the neighboring country to trace the patient’s travel records. Achmad, however, asserted that his office believed the patient “did not contract the virus in Indonesia”.Authorities worldwide, including in Indonesia and Australia, are on high alert over the coronavirus epidemic that has killed more than 4,000 and infected more than 110,000 people in more than 100 countries, AFP reported. According to data compiled by the Johns Hopkins University Center for Systems Science and Engineering, Australia recorded 91 confirmed cases as of Tuesday, while Indonesia recorded 19 cases on its soil. Citizens have been advised to regularly wash their hands with soap and take care of their health as the best means of protecting themselves against the virus.Topics : “However, as she is an Indonesian citizen then she has to understand that if she needs help, our representative [in Australia] is ready to help her at any time,” Retno said on Monday.News of the patient made rounds on Sunday after the Victorian Health Department issued a public statement saying the patient “who is now well and in home-isolation” was the 12th confirmed COVID-19 case in Victoria. The woman, who flew from Jakarta to Perth on Feb. 27, tested positive for the coronavirus on Saturday.Read also: COVID-19: More Indonesian travelers The government is ready to give assistance to an Indonesian woman in her 50s who recently tested positive for the COVID-19 coronavirus in the Australian state of Victoria, Foreign Minister Retno Marsudi says. Retno said that she had met with Australian Ambassador to Indonesia Gary Quinlan in Jakarta on Monday to clarify the citizenship status of the woman, who was later confirmed to be an Indonesian citizen holding an Australian permanent residency visa. She told reporters the Indonesian government “will try to get more information about her” while at the same time respecting her privacy. last_img read more

BC-BBO–This Date in Baseball

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first_imgBC-BBO–This Date in Baseball Associated Press 2003 — Alex Rodriguez became the youngest player to hit 300 home runs, connecting for a three-run drive in the Texas Rangers’ 11-5 loss to the Anaheim Angels. Rodriguez at 27 years, 249 days old, surpassed Hall of Famer Jimmie Foxx (27 years, 328 days).2003 — The Detroit Tigers became the first team to have four pitchers make their major league debuts in the same game — Jeremy Bonderman, Wilfredo Ledezma, Chris Spurling and Matt Roney. The Tigers lost 8-1 to the Minnesota Twins.2007 — Tampa Bay’s Elijah Dukes homered in his first big league at-bat in a 9-5 loss to the New York Yankees.2011 — Ian Kinsler of Texas became the first major leaguer with leadoff homers in each of his team’s first two games. Kinsler hit the first of four homers by the Rangers in a 12-5 victory over the Boston Red Sox.2012 — Matt Cain and the San Francisco Giants agreed to a $127.5 million, six-year contract, the largest deal for a right-handed pitcher in baseball history. 1952 — Hall of Fame outfielder Monte Irvin of the New York Giants broke his ankle in an exhibition game. Irvin played just 46 games that season.1984 — The New York Mets lost to the Cincinnati Reds 8-1 for their first opening-day defeat in 10 years.1996 — St. Francis of Illinois pummeled Robert Morris 71-1, with Robert Morris coach Gerald McNamara ending the after four innings.1997 — For the first time, the salary of one player — Albert Belle — exceeded the payroll of an entire team — the Pittsburgh Pirates. Belle, the game’s highest-paid player for 1997 at $10 million, made $928,333 more than the whole Pirates payroll of $9,071,667.2001 — Roger Clemens became the AL strikeout king, getting five to pass Walter Johnson as the Yankees beat Kansas City 7-3 in their season opener. Clemens fanned Joe Randa for his 3,509th career strikeout. 2006 — Seattle’s Kenji Johjima became the first Japanese catcher to start a major league game and also homered for his first hit in the Mariners’ 5-3 loss to Los Angeles.2008 — Kansas City the Tigers 4-1 at Detroit to complete a season-opening three-game sweep. It was the first time the Royals started the year with a sweep on the road since 1977.2011 — Ian Kinsler and Nelson Cruz became the first set of teammates to homer in each of the first three games in a season, and Matt Harrison pitched the Texas Rangers to a 5-1 victory over the Boston Red Sox.2015 — Miami Marlins pitcher Jarred Cosart was fined an undisclosed amount for violating Major League Rule 21(d)(3), which “prohibits players from placing bets with illegal bookmakers or agents for illegal book makers.”2015 — Corey Hassel hit a three-run homer in the bottom of the 18th inning to lead Oklahoma State to a 6-3 victory over Texas in a game that ended after 6 hours, 51 minutes. March 24, 2020 1996 — The Seattle Mariners beat the Chicago White Sox 3-2 in 12 innings in major league baseball’s season opener, the first major league game played in March.1998 — The Tampa Bay Devil Rays and Arizona Diamondbacks looked like expansion teams in their first games. The Devil Rays fell behind 11-0 in an 11-6 loss to Detroit at Tropicana Field, and the Diamondbacks dropped a 9-2 decision to the Colorado Rockies at Bank One Ballpark. Milwaukee dropped a 2-1 decision at Atlanta in the Brewers’ first game since becoming the only team to switch leagues this century.2003 — The Cincinnati Reds played their first regular season game at the Great American Ballpark. The Pittsburgh Pirates spoiled the day with a 10-1 win.2013 — The Houston Astros, coming off consecutive 100-loss seasons, made an impressive debut in the American League, trouncing the Texas Rangers 8-2 in the major league opener. Having switched from the National League to the AL in the offseason, the Astros earned their first opening day victory since 2006 and the 4,000th regular-season win in franchise history.April 1 1931 — Pitcher Virne Mitchell, 17, signed with the Chattanooga club of Tennessee, becoming the first woman to play for an otherwise all-male baseball team.1972 — The first collective players strike in major league history began. The strike lasted 12 days and canceled 86 games.1996 — Umpire John McSherry, 51, who planned to see doctors the next day about an irregular heart beat, collapsed seven pitches into Cincinnati’s opener and died at a hospital about an hour later.1970 — An investment group headed by Bud Selig bought the Seattle pilots for $10.8 million.1989 — A. Bartlett Giamatti took over as baseball commissioner. 2001 — The Toronto Blue Jays beat the Texas Rangers 8-1 when the major league baseball season opened in San Juan, Puerto Rico.2013 — Bryce Harper homered in his first two at-bats, Stephen Strasburg retired 19 batters in a row and the defending NL East champion Washington Nationals opened the season with a 2-0 victory over the Miami Marlins. Harper, the reigning NL Rookie of the Year, hit solo shots over the out-of-town scoreboard in right-center field off Ricky Nolasco in the first and fourth innings.2013 — Clayton Kershaw launched his first career home run to break a scoreless tie in the eighth inning, then finished off a four-hitter that led the Los Angeles Dodgers over the San Francisco Giants 4-0 on opening day. Kershaw became the first pitcher in the majors to homer on opening day since Joe Magrane of St. Louis in 1988. He was the first pitcher to throw a shutout and hit a home run in an opener since Bob Lemon for Cleveland in 1953.April 21931 — Virne Beatrice “Jackie” Mitchell, the first woman in professional baseball, pitched against the New York Yankees in an exhibition game in Chattanooga. Babe Ruth waved wildly at the first two pitches and took a third strike. Lou Gehrig timed his swing to miss three straight pitches. Tony Lazzeri, after trying to bunt, walked and Mitchell left the game.center_img April 41974 — The Cincinnati Reds defeated the Atlanta Braves 7-6 in 11 innings before a crowd of 52,000 at Riverfront Stadium. In his first at-bat, Hank Aaron hit a three-run homer off Jack Billingham. It was his 714th, tying Babe Ruth’s career record. The Braves had considered keeping Aaron on the bench for the season-opening series in Cincinnati so that he could attempt to tie the record four days later in Atlanta. But commissioner Bowie Kuhn would not allow it and ordered the Braves to put Aaron into the lineup for at least two of the three games.1988 — George Bell became the first player to hit three home runs on opening day, leading the Toronto Blue Jays past the Kansas City Royals 5-3. Bell, bitter throughout spring training with his move to designated hitter, homered three times in that role off Bret Saberhagen.1994 — Chicago’s Karl Rhodes hit three solo home runs off Dwight Gooden in a 12-8 loss to the New York Mets on opening day at Wrigley Field. Rhodes became the second player to homer three times in an opener.1998 — Mark McGwire tied Willie Mays’ National League record by hitting a home run in each of his first four games of the season. McGwire launched a towering three-run shot in the sixth inning of an 8-6 victory over the San Diego Padres. Share This StoryFacebookTwitteremailPrintLinkedinRedditMarch 291973 — Orange baseballs are used in an exhibition game by Oakland owner Charlie Finley. The A’s suffered 11-5 exhibition loss to Cleveland. George Hendrick of the Indians hit three home runs in the game.2000 — The Chicago Cubs open the major league season at the Tokyo Dome in Japan by defeating the New York Mets 5-3 in the first big league game ever played outside of North America. 2004 — The New York Yankees and Tampa Bay Devil Rays opened the season in Japan with Tampa Bay posting an 8-3 victory behind the pitching of Victor Zambrano and the hitting of Tino Martinez. Martinez had three hits including the 300th homer of his career.March 311961 — The Pacific Coast League’s proposal to use a designated hitter for the pitcher was rejected by the Professional Baseball Rules Committee by a vote of 8-1.1968 — Seattle, the American League’s second new team, announced its nickname — the Pilots.1995 — Major league baseball players end their strike when Federal judge Sonia Sotomayor of U.S. District Court in Manhattan rules against the owners in the labor dispute. 1999 — America’s pastime opened in Mexico for the first time. The Colorado Rockies beat the Chicago Cubs 8-2 in baseball’s first season opener away from the United States and Canada.2001 — Hideo Nomo became the fourth pitcher in major league history to throw a no-hitter in both leagues in Boston’s 3-0 victory over Baltimore. Nomo, who threw the first no-hitter in Colorado’s Coors Field on Sept. 17, 1996, for Los Angeles, walked three and struck out 11 in the first no-hitter in the 10-year history of Camden Yards. Nomo joined Cy Young, Jim Bunning and Nolan Ryan as the only pitchers with no-hitters in both leagues.2003 — Sammy Sosa of the Chicago Cubs became the 18th player to hit 500 career homers, connecting for a solo shot in a 10-9 loss to Cincinnati. He became the fifth player to reach 500 homers before his 35th birthday. Babe Ruth, Hank Aaron, Willie Mays and Jimmie Foxx were the others.2005 — Dmitri Young became the third player to hit three homers on opening day, and Jeremy Bonderman won as the youngest opening day starter in the major leagues since 1986 to lead Detroit over the Kansas City Royals 11-2.2011 — Nelson Cruz of Texas became the third player in major league history to homer in the first four games of a season and the Rangers beat Seattle 6-4. Cruz joined Willie Mays (1971) and Mark McGwire (1998) as the only players to go deep in each of their first four games of a season.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 2015 — Belmont broke three NCAA Division I records and tied a fourth during a 20-run sixth inning in a 34-10 victory over UT Martin. The Bruins set the marks for most plate appearances (26), total bases (43) and RBIs (20) in an inning. Belmont homered seven times in the sixth to tie the record for most homers in an inning.2017 — New York Mets reliever Jeurys Familia was given a 15-game suspension under Major League Baseball’s domestic violence policy.March 301966 — The Koufax-Drysdale holdout ended. The Los Angeles Dodgers announced the signings. Sandy Koufax got $120,000 and Don Drysdale $105,000, making them the highest paid teammates in history.1992 — The Chicago Cubs and Chicago White Sox made a trade. The Cubs sent outfielder George Bell to the White Sox for outfielder Sammy Sosa and pitcher Ken Patterson. 1994 — The St. Louis Cardinals beat the Cincinnati Reds 6-4 in the first Sunday night opener, sending baseball into a new era with three divisions and a new playoff format.1998 — Milwaukee’s Jose Valentin hit three homers and drove in five runs to lead the Brewers to a 7-1 victory over the Florida Marlins.2000 — Andres Galarraga made a triumphant return to Turner Field. Out all of last season because of a cancerous tumor in his back, Galarraga hit a tiebreaking home run in the seventh inning that lifted the Atlanta Braves over Colorado 2-0.2000 — Savannah State’s baseball team set an NCAA record for consecutive victories. The Tigers beat Claflin 8-0 and 21-1, extending its streak to 42 and eclipsing the record of 40 by Marietta College of Ohio, a Division II school, last year.2001 — Houston’s Craig Biggio had five hits to tie a major league record for a season opener, leading the Astros past the Milwaukee Brewers 11-3. 2017 — Madison Bumgarner hit two homers but the Arizona Diamondbacks scored twice with two outs in the bottom of the ninth inning off new San Francisco closer Mark Melancon to beat the Giants 6-5 in a wild season opener. Bumgarner retired his first 16 batters and became the first pitcher to hit two home runs on opening day. He struck out 11 with no walks in seven innings.April 31923 — Expelled “Black Sox” players Happy Felsch and Swede Risberg sued their former club for back salary and $400,000 in damages. They were among eight members of the Chicago White Sox team charged with fixing the 1919 World Series.1966 — The New York Mets won the right to sign Southern California pitcher Tom Seaver when Commissioner William Eckert pulled the team’s name out of a hat. Eckert had voided Seaver’s contract with Atlanta, when the Braves signed him during his college season. Cleveland and Philadelphia were the other two teams that had a chance, matching the Braves’ original $40,000 offer.1985 — The Players’ Association agreed with the owners to expand the 1985 League Championship Series from best-of-five to best-of-seven.last_img read more

In Your Neighbourhood

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first_imgPrimary school children in Hanover got a new experience with exposure to the sport of basketball, at the Institute of Sports (INSPORTS) clinic and seminar, which took place at Watson Taylor Park in Lucea.”This is the first time that most of these kids had ever seen or played basketball,” noted INSPORTS officer, Calvin Martin.”There had not been any such activity for primary school kids. They were very excited, and for the kids it was a new experience playing a new sport that they had not played before,” he added.”The project focused on the fundamentals – passing, dribbling and shooting – and there were over 50 kids.”Martin, who is also president of the powerful Southern Conference Basketball Association, noted that the clinics are part of the agency’s drive to develop the sport right across the island, and they will be conducting another in a couple months.”INSPORTS is doing a lot of work with primary schools in different sports. In January, we’re going to be doing another one (basketball clinic), but the date has not been set as yet,” he outlined.”Then after GSAT there’s going to be a tournament,” he said, relating to the final-year examinations forprimary school children.last_img read more