Australian pension fund Cbus targets carbon-heavy coal and gas investments

first_imgAustralian pension fund Cbus targets carbon-heavy coal and gas investments FacebookTwitterLinkedInEmailPrint分享The Guardian:Construction and mining industry super fund Cbus says it will slash emissions from its investments by 45% within the next 10 years, putting carbon-intensive companies on notice that they will need to demonstrate how they will cut greenhouse gas emissions in order to stay within the fund’s $54bn portfolio. Cbus has also expanded an existing pledge to hit the Paris agreement target of zero emissions by 2050 in its property and infrastructure investments to cover its entire portfolio.Its chief investment officer, Kristian Fok, stopped short of ruling out any investment in new thermal coalmining but said any such business would face an extremely high hurdle to attract Cbus’s money.“I’m not going to rule out anything, but the hurdles are going to be so high for these things, because the way we would see it is that it would have to be highly competitive against the alternatives,” he said. “Basically, we now have a [carbon] budget in our portfolio, so it would have to be more compelling than something else.”Institutional investors such as pension and superannuation funds have been ratcheting up the pressure on big emitters, such as mining companies, to slash their carbon output.In April, Norway’s US$1.1tn Government Pension Fund Global, one of the world’s biggest investors, put BHP on notice that it needed to get out of thermal coal or the fund would dump its stock in the company. At the same time, it announced it had sold its stake in Australian energy company AGL, which owns coal-fired power stations including the carbon-intensive Liddell plant in New South Wales.Asked if Cbus would be willing to take shares in a BHP coal spin-off, Fok said the new framework wouldn’t stop the fund from doing so. “But what it does make us look very carefully at is what price we’re paying for it,” he said. “In relation to thermal coal, we would look at it in relation to the global economy. But it’s quite clear the lifecycle of thermal coal is shorter than the next fossil fuel, which is gas – but the lifecycle of gas is shorter than what it used to be as well.”[Ben Butler]More: Construction and mining industry super fund puts carbon-intensive companies on noticelast_img read more

Security cameras to be installed at 17 new locations

first_img…including Stabroek Market, Berbice BridgeAnother batch of Close Circuit Television (CCTV) cameras will be installed at critical locations in a bid to fight the high crime rate while monitoring suspicious activities.The Berbice River BridgeThe Public Telecommunications Ministry has informed that 17 technologically advanced monitoring systems will be placed at key areas across the coastal region. This is a collaboration between the Joint Services and the National Data Management Authority (NDMA), bringing the total number to 119 cameras – all of which are omnidirectional.Head of the NDMA, Floyd Levi has said that the programme is being improved under the Safe City Solutions project with assistance from the Chinese Government. This project, pegged at US$37M, is also being carried out with aid from technology supplier, Huawei Technologies. Through the country’s National Broadband Strategy, it was started and funded by the China Exim (Export-Import) bank.In Region Five (Mahaica-Berbice), the Berbice River Bridge will be equipped with the device, while another will be placed at the Palmyra Junction. The Mahaicony Bridge, Fort Wellington, the Magistrates’ Courts, the Regional Democratic Council (RDC) and Skeldon Market in Region Six (East Berbice-Corentyne) will also receive cameras.Others will be placed at Enmore-Haslington, the Stabroek Market and the Soesdyke junction in Region Four (Demerara-Mahaica), Parika in Region Three (Essequibo Islands-West Demerara); Anna Regina and Charity in Region Two (Pomeroon-Supenaam).In July, a multimillion-dollar CCTV command centre was activated to monitor criminals, suspects, and vehicles involved in crimes.Levi had stated then that this centre, which is located near the Arthur Chung Conference Centre, has been dubbed the National Emergency and Response Command Centre. It was housed there pending the approval of the Cabinet for works on the construction of a brand new building to house the operations.While it was introduced to bolster safety, there is still a startling increase in criminal acts. Statistics for 2019 showed that there was a 35 per cent increase in murder, 27 per cent increase in robbery under arms, seven per cent increase in robbery with violence, 31 per cent increase in larceny and seven per cent increase in burglary.Commissioner of Police, Leslie James had downplayed the surging crime rate by insisting that he is not “bothered” – an act which was condemned by trade unions and other bodies. The crime rate was addressed by Opposition Leader Bharrat Jagdeo, who stated, “This is bizarre for a country like ours. The President doesn’t say anything. He says he’s addressing the crime situation. The (Public Security) Minister has gone quiet on the matter and the Police are coming up with these stats and we’re led to believe that crime is down. This is something that requires immediate attention…They’re not paying any attention to the functions that they get paid to carry out and they have no policy to address this rampant crime situation that is wreaking havoc”.last_img read more

Údarás na Gaeltachta engineer exciting STEM scheme for Gaeltacht primary schools

first_imgÚdarás na Gaeltachta has announced an exciting STEM pilot scheme ‘An Chruinne’ for Gaeltacht primary schools.16 Gaeltacht primary schools will undertake a special education programme in Science, Technology, Engineering and Mathematics as a result of the new pilot programme ‘An Chruinne’ devised by Údarás na Gaeltachta and Junior Achievement Ireland.During the 2017/2018 academic year, Údarás na Gaeltachta intends to work with Junior Achievement Ireland to roll out ‘An Chruinne’, the STEM (Science, Technology, Engineering and Mathematics) pilot programme, in 16 national schools in the Kerry, Cork, Galway, Mayo and Donegal Gaeltacht areas. The programme consists of five modules and will teach the higher primary classes Science, Technology, Engineering and Mathematics and it is important that such a programme is being delivered through the medium of Irish in primary schools in the Gaeltacht.The Government Chief Whip and the Minister of State with responsibility for Gaeilge, the Gaeltacht and the Islands Joe McHugh, TD, said: “I commend Údarás na Gaeltachta and Junior Achievement Ireland for establishing this innovative project. It is important that we encourage and provide the Gaeltacht’s younger generation with the skills to enable them to realise their vision for the Gaeltacht”.Údarás na Gaeltachta Chief Executive, Mícheál Ó hÉanaigh also added: “It is important for Údarás na Gaeltachta to encourage the Gaeltacht’s younger generation to move towards innovation and spark an interest in these sectors through their native language.“They are our future entrepreneurs and scientists and they will create and develop the Gaeltacht of the future. Údarás na Gaeltachta intends to build on this project and extend it, if possible, in the future”. As Gaeilge:Clár píolótach ETIM ‘An Chruinne’ do Bhunscoileanna Gaeltachta dhá thionscnú ag Údarás na GaeltachtaBeidh 16 bunscoil Gaeltachta ag tabhairt faoi chlár speisialta teagaisc Eolaíochta, Teicneolaíochta, Innealtóireachta agus Matamaice de bharr clár píolótach nua ‘An Chruinne’ de chuid Údarás na Gaeltachta agus Junior Achievement Ireland.Le linn na scoilbhliana 2017/2018 tá sé beartaithe ag Údarás na Gaeltachta oibriú as lámh a chéile le Junior Achievement Ireland chun an clár píolótach ETIM (Eolaíocht, Teicneolaíocht, Innealtóireacht, Matamatic) ‘An Chruinne’ a reáchtáil i 16 scoil náisiúnta i nGaeltachtaí Chiarraí, Chorcaí, na Gaillimhe, Mhaigh Eo agus Dhún na nGall.Tá chúig modúil sa gclár a mhúintear in ard ranganna na bunscoile a bhaineann le hábhair na hEolaíochta, na Teicneolaíochta, na hInnealtóireachta agus na Matamatice agus tá sé tábhachtach go mbeadh clár den chineál seo á riaradh trí mheán na Gaeilge sna bunscoileanna Gaeltachta. Ag tagairt don dtogra píolóiteach dúirt an Príomh Aoire agus an tAire Stáit don Ghaeilge, don Ghaeltacht agus do na hOileáin, Joe McHugh, TD, “Molaim Údarás na Gaeltachta agus Junior Achievement Ireland as ucht an togra nuálaíoch seo a thionscnamh. Tá sé tábhachtach go dtabharfadh muid an spreagadh agus na scileanna d’aos óg na Gaeltachta chun an tsamhail Gaeltachta atá acusan a fhíorú.”Dúirt Príomhfheidhmeannach Údarás na Gaeltachta, Mícheál Ó hÉanaigh “Tá sé ríthábhachtach d’Údarás na Gaeltachta aos óg na Gaeltachta a spreagadh chun na nuálaíochta agus spéis sna hearnálacha seo a spreagadh iontu ina dteanga dúchais féin. Is iad seo na fiontraithe agus na heolaithe a bheidh againn sa todhchaí agus is iad a chruthóidh agus a fhorbróidh Gaeltacht na todhchaí. Tá súil ag Údarás na Gaeltachta tógáil ar an togra amach anseo agus é a leathnú más féidir.”Údarás na Gaeltachta engineer exciting STEM scheme for Gaeltacht primary schools was last modified: January 17th, 2018 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:irishSTEMÚdarás na Gaeltachtalast_img read more