That would certainly be welcome news for project forwarders and heavy lift shipping lines that increasingly see the alternative energy sector as a prime source of cargo going forwards.But those numbers have been challenged as “overly optimistic” by a coal industry group, which noted that half the nation’s electricity currently comes from coal-fired power plants.Backtracking slightly, a spokesman for Salazar is reported to have said that the secretary does not expect wind power to be fully developed, but was speaking of its total potential if it were.According to the reports, Salazar suggested that ocean winds along the East Coast can generate one million megawatts of power, roughly the equivalent of 3,000 medium-sized coal-fired power plants, but he did not reveal how many windmills might be needed to generate so much power.
TOP PHOTO: Morning commuters will notice a smoother ride through Downtown La Follette on Friday morning. LAFOLLETTE, TN (WLAF) – Next time you travel through Downtown La Follette, you’ll notice a smoother ride on and around the Central Avenue Bridge.Thursday evening, Rick Lawson, the construction foreman for Rogers Group, and his crew from Rogers Group started laying down the new pavement across the refurbished Central Avenue Bridge. Very early this morning, the new pavement and road striping was completed, making for a smooth ride Friday morning. (WLAF NEWS PUBLISHED – 06/26/2020-6AM-PHOTOS COURTESY OF WLAF’S CHARLIE HUTSON) Paving took place on Thursday night on and around the Central Avenue Bridge.The pavement was milled Wednesday evening from 1st St to Indiana Ave getting it ready for the new pavement. Share this:FacebookTwitter
Everton supremo Moshiri warns Silva over expected transfer spendingby Paul Vegas10 months agoSend to a friendShare the loveEverton supremo Farhad Moshiri is tightening the transfer purse strings.They have splashed out over £250million on transfer fees in the past two years.But with Everton sitting in the bottom half of the table, Moshiri said: “Throwing money is not the answer. “It’s getting the performance level and improving them. It is about development, about driving the club.“There will be no reaction that has not been thought out.”He continued: “You have to get it right — the buying of players and the development. Infrastructure is important and to comply with financial fair play you need to go for younger players on low wages.“The challenge is still progressing while keeping the wages down.“I think we’ve learned. We’ve had poor judgement but I feel we are in the right direction, even if it’s been difficult.” TagsTransfersAbout the authorPaul VegasShare the loveHave your say
The Canadian PressMINNEAPOLIS – Minnesota regulators should approve Enbridge Energy’s proposal for replacing its aging crude oil Line 3 pipeline only if it follows the existing route rather than company’s preferred route, an administrative law judge recommended Monday.The proposal has drawn strong opposition because Enbridge’s preferred route would carry tarsands crude from Alberta across environmentally sensitive areas in the Mississippi River headwaters region where American Indians harvest wild rice and hold treaty rights.Administrative Law Judge Ann O’Reilly’s recommendation that the Public Utilities Commission should order that the replacement follow the existing route sets up further disputes, however, because the existing line crosses two Ojibwa reservations where tribal governments have made it clear that they won’t consent and want the old line removed altogether.O’Reilly wrote that Enbridge has established that the project is needed, but that the negative consequences to Minnesota of the company’s more southerly preferred route outweigh the benefits. The cost-benefit analysis shifts in favour of approving the project if Enbridge builds the pipeline in Line 3’s existing trench, she said.The commission is expected to make its final decision in June. O’Reilly’s recommendations aren’t binding on the commission, but they’re the product of an extensive public hearing and comment process and voluminous filings, so they’ll be hard for the commissioners to disregard. Commission Chair Nancy Lange acknowledged at a hearing last month that whatever the commission decides, the dispute is likely to end up in court.Enbridge said in a statement that it was pleased the judge listened to the extensive evidence for the need for the project, and will be taking time to review the recommendation that it use the existing right-of-way.Environmental and tribal groups _ including the Sierra Club, Greenpeace USA and Honor the Earth _ said there’s no good reason to allow Enbridge to build the project, regardless of what route it takes.If the project is approved, some opponents have threatened a repeat of the protests in North Dakota near the Standing Rock reservation that delayed work for months on the Dakota Access pipeline, in which Enbridge owns a stake.Similar concerns over the role of the oilsands in climate change, and Indigenous rights, have fuelled opposition to Kinder Morgan’s proposal to expand its Trans Mountain pipeline from Alberta to an export terminal in British Columbia.Calgary-based Enbridge says the Line 3 project is necessary to ensure the reliable delivery of crude to Midwestern refineries.The company says the existing line, which was built in the 1960s, is subject to corrosion and cracking and can run at only half its original capacity because of its accelerating maintenance needs.*Line 3 carries crude oil 1,765 kilometres from Hardisty, Alta., through North Dakota and Minnesota to Enbridge’s terminal in Superior, Wis.Enbridge said the replacement would restore its original capacity of 760,000 barrels per day.*Enbridge said it wants to shift much of the last half of the current 454-kilometre route in Minnesota into a more southerly, 542 kilometre corridor to Superior.*The company estimates the cost of the project at $5.3 billion for the Canadian stretch and US$2.9 billion for the U.S. portion.Enbridge said it has already begun work in Canada and Wisconsin. Construction sites near Superior have been the scene of protests and several firstname.lastname@example.org
Photo courtesy: FacebookJustin BrakeAPTN NewsThe new Doug Ford government in Ontario has cancelled a gathering this week in Toronto intended to solidify plans for updating Indigenous content and delivery in the province’s K-12 system.On Monday a spokesperson for Ontario’s Ministry of Education issued a statement saying the government “will continue to move ahead with the updated Truth and Reconciliation Commission curriculum revisions” initiated by the former Liberal government.But the statement said that the writing sessions intended to devise a plan and resources for educators to introduce the changes were cancelled at the last minute “in keeping with the commitment Premier Doug Ford made to run government more efficiently.”Spokesperson Ben Menka identified the Truth and Reconciliation Commission curriculum revisions and Indigenous Languages in Kindergarten as two of the three writing sessions cancelled by the ministry.Criticism of the decision by Indigenous leaders, politicians, and on social media has been swift.“We have heard from many educators, Elders and knowledge keepers and share their frustration as this important work was dropped just before it was set to begin,” said Nishnawbe Aski Nation (NAN) Deputy Grand Chief Derek Fox.“This is a step backwards on our journey towards reconciliation. The education of the youth in Ontario shouldn’t be dictated by the party in power, but left to professionals who acknowledge that identity building is the only positive move forward.”Colinda Clyne, an Anishinaabe teacher and Curriculum Lead for First Nations, Metis and Inuit Education in Ontario’s Upper Grand District School Board, told APTN Monday the cancellations could impact the second and third phases of a three-stage process to update Indigenous content in the curricula.“This is really significant,” she said. “We use these updates to guide the work that we’re doing with educators in our schools.”Clyne said phase two of the planned reforms include Grades 1 through 3, Grade 9 geography, Grade 10 civics and some Grade 11 and 12 courses.“It took a long time to get that plan rolling. As of last year, Phase 1 had just completed, which was Grade 4-6 social studies, Grade 7 and 8 history, and Grade 10 history,” she said, explaining that after the curriculum changes were determined “the curriculum writing teams got together and gave teachers lots of different prompts of how they can get people into the curriculum.“Phase one is already done and is to be implemented in September, so I feel confident that the teachers who were part of that have a good understanding of what it is that they need to do,” Clyne continued. “I’m not confident they will know what to do with phase two, or even if phase two will exist.”In response to Monday’s news, London West NDP MPP-elect Peggy Sattler issued a statement saying Premier Doug Ford “needs to come clean with families, teachers, educators and students about what’s going on here.“The curriculum in Ontario’s public schools is outdated, and we simply have to do better for our children.“Scrapping the TRC curriculum writing sessions at the last second is a damaging step backwards on the road to reconciliation – and it sends a horrible message to Indigenous communities about their importance to the Ford government.”Monday’s news release from NAN said “Elders and knowledge keepers, many of whom are Residential School survivors, have made personal investments in this work,” and that “some will now lose income as they have booked time away from employment and other activities in order to participate.”Fox said NAN is “asking this government to reaffirm its commitment…working with Indigenous partners to address the legacy of residential schools, close gaps and remove barriers, support Indigenous cultures, and reconcile relationships.”In the government’s statement, Menka said the Ministry of Education “moved ahead with the cancellation unilaterally, with no direction from the Minister of Education,” MPP-elect for Huron-Bruce, Lisa Thompson.Ontario Minister of Education Lisa Thompson.Asked to clarify who made the decision, Menka responded “the deputy minister can have delegated authorities on certain matters,” referring to Ontario’s Deputy Minister of Education Bruce Rodrigues.Asked if Rodrigues is allowed to speak to the press about the decision-making process, Menka said “only the Minister’s office will be putting out a statement on this matter.”The Truth and Reconciliation Commission’s calls to action 62 and 63 compel the federal, provincial and territorial governments to update curricula with age-appropriate Indigenous content, and to, among other things, “provide the necessary funding to post-secondary institutions to educate teachers on how to integrate Indigenous knowledge and teaching methods into classrooms.”According to Clyne, the cancelled writing sessions were intended to achieve the latter.“It’s so important because most of the educators in the province did not get this information about Indigenous Peoples, histories, and traditions…and we need, as school boards, to be able to support the teachers in this work,” she said.
CALGARY – The City of Calgary is offering to pay for one-third of the cost of a new NHL arena.In response to the Calgary Flames breaking off talks for a new rink earlier this week, Calgary Mayor Naheed Nenshi revealed details of what the city proposes to pay for a building expected to cost $555 million.The Flames haven’t made their counter-proposal public, but have indicated they want the city to pay closer to half the cost.Flames president Ken King said team owners pulled out of negotiations because they’ve been spectacularly unproductive.While King denied making the arena an election issue, the timing of the team’s withdrawal seems designed to put pressure on the mayor and councillors ahead of next month’s civic election.The Flames’ current arena, the Scotiabank Saddledome, opened its doors in 1983.
CALGARY – Encana Corp. (TSX:ECA) says it will meet corporate production guidance this year despite losing an average of 3,500 barrels of oil equivalent per day in the third quarter from U.S. operations it suspended while hurricane Harvey rampaged through Texas.The Calgary-based oil and gas producer says the earlier-than-expected startup of a natural gas processing plant in B.C. this week will boost Canadian production enough to make up for the setbacks in Texas, as well as natural gas production lost due to recent third-party gas plant and pipeline outages in Western Canada.It says the new plant near the Alberta border in northeastern B.C. will allow its production of light oil produced with gas from the Montney underground formation to double in the fourth quarter of 2017 compared with the same period of last year.The plant wasn’t expected to come on stream until after the end of September. Encana plans to quickly fill the plant to capacity by drilling and completing wells in the area.Another Calgary producer, Baytex Energy Corp. (TSX:BTE), reports its third-quarter production will be down by about 2,500 barrels of oil equivalent per day due to its suspended operations in Texas during the storm which hit in late August.In both cases, the lost production amounts to one per cent or less of overall annual output.
New Delhi: Congress leader Mallikarjun Kharge has again rejected the government’s offer to attend a meeting of the Lokpal selection panel, saying there is no provision for a special invitee attending the meet. The meeting slated on Friday evening would be boycotted by Kharge the seventh time since February 2018. In a letter to Prime Minister Narendra Modi, the Congress leader alleged that the government has not made any attempt to amend the relevant provisions of the Lokpal Act to include the leader of the single largest party in the opposition as a member of the selection committee. “Since there is no provision under section 4 of the Lokpal Act, 2013, for a special invitee to be a part of the Selection Committee or attend these meetings, I am once again forced to respectfully decline this invitation,” he said in his letter. Kharge, as a leader of the Congress in the Lok Sabha, was earlier invited to attend the selection panel meetings six times and he has rejected the offers on the same grounds each time. He also alleged that the government and its ministers have repeatedly used his refusal to attend the meetings as a special invitee as an “excuse for not appointing a Lokpal over the last five years”. “However, the fact remains that whatever tardy progress the government has made has only been under pressure from the Supreme Court,” Kharge said. Alleging that “excluding the opposition”, this process is being “vitiated”, the Congress leader said, “I would like to caution the government that anyone selected through this one-sided process may decline to accept this position.”
Chennai: A depression over the Indian Ocean and southeast Bay of Bengal has intensified and moved further northwestwards, the India Meteorological Department (IMD) said Saturday. It is very likely to intensify into a cyclonic storm during next 12 hours and further into a severe cyclonic storm, the IMD said and warned fishermen against venturing into the sea on Sunday. “The depression over east Equatorial Indian Ocean and adjoining southeast Bay of Bengal moved further northwestwards, intensified into a deep depression and lay centered about 870 km east-southeast of Trincomalee (Sri Lanka), 1210 km southeast of Chennai and 1500 km south-southeast of Machilipatnam in Andhra Pradesh,” it said. Also Read – Normal life remains disrupted for 64th day in Kashmir Valley”It is very likely to intensify into a cyclonic storm during next 12 hours and further into a severe cyclonic storm during subsequent 24 hours,” the IMD said. Further, the system is very likely to move northwestwards off Sri Lanka coast during the next 72 hours and reach near north Tamil Nadu and south Andhra Pradesh coasts on April 30. On Sunday, gale wind speed reaching 80-90 kmph gusting to 100 kmph and very rough to high seas are very likely over southwest Bay of Bengal adjoining east Equatorial Indian Ocean along and off Sri Lanka coast, the weather office said.
New Delhi/ Mumbai: Loan exposure worth Rs 12,000 crore of almost 55 green companies of crisis-hit IL&FS group is likely to be settled by July end, a senior government official said as he asserted that the resolution process is on track. Besides, many of the green companies have positive equity which means that after settling debt obligations, shareholders would “get something in return for their equity stake”, Corporate Affairs Secretary Injeti Srinivas said.The board of diversified IL&FS group, which is estimated to have a debt burden of over Rs 94,000 crore, was superseded by the corporate affairs ministry in October last year. Since then, the National Company Law Tribunal (NCLT)-appointed board is managing the affairs to ensure orderly settlement. As part of the resolution efforts, the group companies have been classified into three categories, mainly based on their financial positions — green, amber and red. Srinivas said the IL&FS resolution process is on track and expects to reach “some kind of conclusion” in a time-bound manner. There are almost 55 companies in the green category and they have a loan exposure of about Rs 12,000 crore. Ten out of the 55 companies account for nearly 90 per cent of the loan exposure, he noted. Meanwhile, IL&FS Securities Services (ISS) Wednesday moved the Securities Appellate Tribunal (SAT) to direct markets regulator Sebi to annul certain transactions carried out by Allied Financial Services. In February, Sebi had barred Allied Financial and others for misappropriating client securities and a host of other violations. Appearing for IL&FS Securities counsel Gaurav Joshi said there were fraudulent mutual fund transfers carried out by Allied on behalf of its clients Dalmia Cement and OCL India, among others where it was the clearing house. He sought SAT’s intervention to direct Sebi to annul the said transaction, apart from de-freezing of securities which are stuck following the Sebi order. In February, the Sebi had barred brokerage Allied Financial, its five directors and four other entities from securities markets for misappropriating client securities and other violations. It had also barred them from disposing of or alienating any assets, or create or invoke any charge on their assets, without its prior permission. The Sebi had probed the alleged irregularities at Allied, pursuant to a preliminary inspection by the NSE had found non-availability of client funds worth Rs 94 crore, non-availability of client securities, non-settlement of inactive clients and non-segregation of transaction between own and client bank accounts. “In the green category, the major focus is on settling dues with respect to those ten large companies. If the dues of the ten companies can be settled, then 90 per cent of the Rs 12,000 crore can be settled… By July end, we will be aspiring to settle the debt of green companies, which is around Rs 12,000 crore,” said Srinivas. Srinivas also said there are a few cases where creditors are willing to restructure the entire loan to make ‘amber’ assets green. “We are open to that. If they can be made into green, then around Rs 2,000 to 4,000 crore of debt may shift from amber to green,” he noted. The amber companies have debt obligations worth around Rs 20,000 crore and since there is a moratorium, the dues of these firms are not being paid yet. Amber companies are those that have enough money to pay senior secured creditors but not unsecured ones. “We are not paying the dues yet, which is being heavily contested in NCLAT by the creditors… If the secured creditors want distribution of available funds before final resolution, they would have to file their final claims. The interim payments made prior to resolution of the corporate debtor, would automatically get adjusted against the final claim,” Srinivas said. He said one option could be that senior creditors get precedence and the residual amount would go to unsecured creditors.