Green Industry Updates

first_imgUniversity of GeorgiaIf your work has anything to do with landscapes, turfgrass, nurseries or greenhouses, the 2007 Florida-Georgia Green Industry Updates Oct. 16-18 in Jacksonville and Quincy, Fla., would be helpful to you.The updates Oct. 16 in Jacksonville and Oct. 17 in Quincy are mainly for landscape and turfgrass professionals, landscape architects, pest control operators and arborists. The Oct. 18 program in Quincy is mostly for people with nursery and greenhouse businesses. But anyone can attend any or all updates.For the first time, the 2007 updates also offer half-day trainings for Hispanic landscape and nursery workers. These programs will be Oct. 15 in Jacksonville and Oct. 19 in Quincy. The Spanish-language trainings will focus on health and safety issues.People from Georgia can earn pesticide recertification credits. Florida participants can earn pesticide CEU’s.The programs all start at 8 a.m. and end by 4 p.m. The fee is $40 for each, or $50 after Oct. 9. It covers handouts, refreshment breaks, lunch and other costs.To learn more about the programs, register online or get a form to sign up, contact your county University of Georgia Cooperative Extension office. Or call the UGA Tifton, Ga., Conference Center at (229) 386-3416. Or visit the Web site ( Look under the upcoming events.last_img read more

Stewart elected to lead the young lawyers

first_img Stewart elected to lead the young lawyers Assistant Editor“How do we make our board more relevant to our constituents? How do we engage those people that we do not otherwise touch?” are some of the pressing questions John M. Stewart hopes to answer as a future president of the Young Lawyers Division. Engaging constituents, continued outreach efforts, and disseminating important knowledge and information to those constituents are among some of the top priorities for Stewart.By a unanimous vote, Stewart was elected by the YLD Board of Governors president-elect designate for 2005-2006 at their January meeting in Ft. Myers. Stewart will serve under incoming YLD President Jamie Billotte Moses and will become president himself in June 2006.Stewart has served on the YLD Board of Governors for six years, beginning in 1999 and represents the 19th Circuit.Moses said that because many former YLD presidents have come from larger circuits, “John will bring a good perspective to the YLD presidency. He comes from an area that doesn’t have a hugely developed YLD section, so he brings a fresh perspective.”Moses and Stewart have served together on several YLD committees and see eye-to-eye when it comes to the issue of outreach. While Moses has worked to encourage participation through the affiliate outreach conference, Stewart seeks to engage an even broader range of constituents.“When Jamie started to take over the committee, she made affiliate outreach so much more successful and it has grown and become such a success,” said Stewart.“The Young Lawyers Division includes every lawyer under 36 or with under five years of practice. Enhanced affiliate outreach is a critical first step. That touches maybe 25 percent of our constituents. How do we engage those people that we don’t otherwise touch? If we can engage these people at the young lawyers level, it will only further strengthen the Bar. This is the time to reach out to people,” Stewart said.Stewart said the YLD’s recent decision to take a legislative position in support of student loan forgiveness/repayment government attorneys will be a big step toward engaging attorneys who may not have been otherwise engaged.“This year, for the first time ever, we have taken a legislative position. I think it’s a logical growth, but we’re going into this new phase gingerly. One of the important things when I become president is that our board has knowledge. Our job is to educate ourselves on issues, and disseminate that information to our constituents.”Moses agrees, “It’s important that the YLD be on the forefront of issues that will affect young lawyers.”Stewart, as chair of the YLD Governmental Affairs Committee, has been at the lead for issues affecting young lawyers, and lawyers statewide, by organizing the annual legislative/governmental symposium. The conference focuses on the current topic mostly likely to effect the legal profession. Some past symposiums have highlighted such weighty topics as Revision 7, judicial independence, and the balance between effective law enforcement and civil liberties, and have featured some of Florida’s most influential members of the legal community.“John was, I feel, instrumental in increasing the YLD’s presence in some of the important debates the board has had in the past,” Moses said. “John put together, as our governmental chair, symposiums that were well attended, videotaped, and reproduced for the purpose of education. Because of that, the YLD is playing a role in the education of all Bar members, not just young lawyers,”Stewart, in addition to the symposium, seeks to further the knowledge of YLD members by increasing the visibility of the YLD in the state capital among the legislative and executive branches, “in hopes of further educating our constituents on important issues facing young lawyers in the state of Florida.” This year the governmental affairs committee has suggested holding a “Young Lawyers Day in Tallahassee” with the goal of building relationships among young lawyers and members of legislative and executive leadership.While Stewart, a third-generation attorney from Vero Beach, has made his mark on the profession and the Bar, taking up the family business was not always a part of his agenda, according to Stewart,“I worked in Switzerland for a year after graduating from William & Mary. I was fairly certain that I didn’t want to be a lawyer. It was a huge company and it was like longevity was rewarded and ingenuity wasn’t. There wasn’t a lot of flexibility or freedom, and you couldn’t really change your schedule. But the person who could do that was their patent lawyer. He dictated the course of his schedule,” Stewart said.After returning to Florida, where he was born and raised, Stewart graduated from Nova Southeastern University Shepard Broad Law Center and began practicing with his father at their firm Stewart & Evans in Vero Beach. He practices commercial litigation and mediation and focuses on real estate and construction related litigation and disputes.“I think what motivates me is that I’m a third-generation Florida attorney. That makes me feel an obligation to do work to assist the Bar,” said Stewart.When asked, “What do you do when you are not ‘lawyering’?” Stewart dryly quips, “When is that?”In truth, Stewart enjoys golfing with friends, and is largely occupied with his two children — age 10 years and 14 months.“One of my favorite things about YLD is that we get a lot done between meetings. We have a group that has a long-standing golf tradition,” Stewart said.And when it comes to his wife and kids: “The one thing everyone can agree on is Disney World!” Stewart elected to lead the young lawyers March 1, 2005 Melinda Melendez Assistant Editor Regular Newslast_img read more

GOP Health Care Plan Raises Serious Concerns For LI & NY, Say Rep. King & Experts

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Congress doesn’t know how much the American Health Care Act will cost or what its impact will be on the federal deficit, but the Republicans’ plan to repeal and replace Obamacare passed two Congressional committees Thursday with President Donald Trump’s encouragement.Those who’ve seen the details released so far say it would impose higher costs on some of those who gained insurance under Obamacare while putting millions of Americans at risk of losing their health insurance altogether. Here, it could strain Long Island’s hospitals that serve the most vulnerable population, put severe pressure on health insurance companies, and raise the tax burden on New Yorkers.Rep. Peter King (R-Seaford), who could play a key role when the final bill comes up for a vote on the House floor, said he has serious concerns about the proposal.“I have concerns about how many people are going to fall through the cracks and how big a fiscal impact it will have on New York,” he told the Press.“I am certainly not convinced to vote for it,” he said. “It’s going to cost New York billions of dollars, mainly because of the cuts in Medicaid as we go forward.” He put the figure at $4 billion. But he didn’t expect the final version to be ready for passage for at least two weeks at the earliest.“It’s still a work in progress,” the Congressman said.His Republican colleague from Long Island, Rep. Lee Zeldin (R-Shirley), did not respond to repeated calls for comment although thousands of Suffolk residents in his district stand to lose their coverage.“At first look, it appears that the House bill neither truly repeals nor meaningfully replaces the Affordable Care Act,” said Janine Logan, senior director of communications and population health at the Nassau-Suffolk Hospital Council, which represents all Long Island’s 23 hospitals including Northwell Health (formerly North Shore-LIJ Health System) and Catholic Health Services’ facilities.“This is bad news for New York,” she said. “Capping Medicaid funding will be financially devastating to the state budget and to the thousands of New Yorkers with modest incomes, many of whom are elderly or disabled, who will no longer be guaranteed coverage. About 70 percent of the Medicaid spending is for the elderly and disabled of all ages.  Continuing Medicare and Medicaid cuts to hospitals without reducing the number of uninsured patients they will have to serve is just as devastating.”She explained that the House bill fundamentally alters the structure of Medicaid, shifting a greater burden from the federal government to the states. Under the ACA, New York State greatly expanded its Medicaid program. “It is how on Long Island the uninsured rate has gone from 10 percent to 5 percent in three years,” Logan explained.According to Gov. Andrew Cuomo’s office, approximately 300,000 Long Islanders are at risk if Obamacare is repealed. The state could lose $2.4 billion annually. But part of the problem of assessing what the Republicans have approved so far in their rush to make President Trump’s campaign promise come true is that their alternative omits key details.As Logan put it, “The House plan has not yet been scored for cost by the Congressional Budget Office, and it does not provide specifics on how its provisions would be paid for.”What is known so far, she said, is that it would eliminate current tax credits and cost-sharing subsidies.“The most generous assistance under the ACA has gone to those with low to modest incomes,” Logan said. “The plan instead offers limited tax credits based on age and not income.”According to a recent study by S&P Global Ratings, up to 10 million Americans would lose the health insurance they gained through Obamacare. Insurers would be allowed to charge people between the ages of 50 and 64 insurance premiums at five times the rate charged to younger people—under the ACA it was three times. Tax credits would reportedly begin at $2,000 for people in their 20s, and gradually increase to $4,000 for people over age 60.“If the intent here is to not only repeal but improve upon the Affordable Care Act, we don’t think the House bill meets that standard,” said Terry Lynam, a spokesman for Northwell Health. “There’s not a lot to like about it.”Hospitals that rely on Medicaid funding to offset the cost of providing care to their population could be harmed by the new reform as it’s been rolled out so far, he noted.“In New York you have a lot of hospitals that are barely breaking even or are in the red,” he said. As for Northwell Health, widely regarded as one of the most successful health care providers in the region, its operating margins are still thin, he said, so any additional impact could be damaging in the long run.“We recognize that there are flaws in the Affordable Care Act, but we think it needs to be renovated, not demolished.”Professor Debra Dwyer, a health economist at Stony Brook University in the College of Engineering who specializes in public policy, has been studying the health care issue for some time. She told the Press that she’s alarmed by the details she’s seen so far in the House Republicans’ new plan.“It’s kind of amazing to me how they’re targeting the vulnerable populations,” she said. “They’re literally targeting older people and poorer people—those who are more likely to be sick—and their argument is that they cost us more. But the whole reason for having a social welfare network system is to protect the most vulnerable, which is why Medicare came about: to cover the aged and the disabled. Now they’re targeting the 50-64 year olds who are going to have to get less in tax credits and pay higher premiums.”For Long Island’s health care system, the impact could be severe as well, she noted.“We have some hospitals that are going to be hit pretty hard,” she said, singling out Stony Brook University Hospital and Brookhaven Memorial Hospital Medical Center in particular because they serve Suffolk County’s more vulnerable population and made investments in response to incentives from the Affordable Care Act.“They took in a lot of the uninsured,” Dwyer said. “They did it in good faith that they would have these Medicaid expansions, and people are getting coverage.” But these hospitals could take a hit in reimbursements, she explained, and end up with uninsured people coming to their emergency rooms because they could not afford to see doctors regularly. She said that many insurance companies that serve Long Island also created Medicaid plans based on its expansion under the ACA, but if it’s retracted as proposed by the House bill, then these companies won’t get the return on their investment.“There’s a lot of companies we have to worry about,” she said. “The hospitals are going to feel it. The health insurance companies are going to feel it. The hundreds of thousands of people that are going to lose coverage are going to feel it.”She pointed out that the Republicans in Congress have specifically targeted funding for Planned Parenthood, which is the primary source of breast cancer screenings and maternal care for poor women. She said the cuts “will increase the number of unwanted babies because of birth control, and it’s also going to increase cancer.”She was skeptical of the Republicans’ plan to offer health care savings accounts as a safety net.“These vulnerable populations are living paycheck to paycheck,” Dwyer said. “They don’t have savings. They can’t afford to lay out the money for insurance and wait for a tax refund—and the tax refund they’d be getting back is not going to be big enough.” Embed from Getty Imageslast_img read more

One-to-One with Geezeo: James Robert Lay, Chief Executive Officer, Digital Growth Institute

first_imgWhen you have the opportunity to ask some of the most interesting people in financial services and Fintech about where the industry is headed, sometimes fascinating insights are revealed. One-to-One with Geezeo is an ongoing series that gives our friends, clients, and partners an opportunity to share their experiences and their knowledge to gain an idea of where this exciting industry is heading. In this installment, Amy Hibbard talked with James Robert Lay, Chief Executive Officer of Digital Growth Institute about how digital marketing innovations help the financial services industry do what they do best, help people.Geezeo: Tell us, what led you to your company’s evolution?Digital changed the way people shop for and buy financial services. This means financial marketing must change too. However, we understand change like this can feel frustrating and overwhelming when bank and credit union leaders are not exactly sure how to break free from legacy thinking and systems like branches and broadcast channels.Furthermore, we found banks and credit unions are often held back by legacy systems and thinking along with three fears: continue reading » 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

ZAMP measures for caterers, hotels and service industries

first_imgFurthermore, user facilities that were damaged by the earthquake in the area of ​​the City of Zagreb to the extent that they cannot continue to operate, are completely exempt from paying the fee. In accordance with previous information that we will meet the needs of music users and provide support in the form of relief, in these difficult times for all stakeholders, we bring information about the latest business decisions related to March and the next periods in which facilities will be closed: Beneficiaries: catering facilities, hotels, gyms, service activities and similar beneficiaries for the month of March will receive solidarity benefits. Having in mind the special situation in which music users find themselves, but also the worsening position of its members, musicians who are among the first and most severely affected by the crisis, we announce: for the period from 14.3. Furthermore, in which these users do not operate or use musical works in Croatia, there is no obligation or obligation to pay a fee for a music license. For the first 14 days of March, in which catering and other facilities (hotels, crafts, gyms, salons, etc.) in the country worked hard, we grant a 50% discount to the above users for a license. We believe that these special measures are sufficient proof of how we see partners in the users even in the worst period for the business of all entities in the country. We hope that music eases worries for everyone in these difficult times, and that toasts will soon be toasted in all bars in the country to end the epidemic and return to normal life. HDS ZAMP, which represents authors and rights holders in musical works, raises funds and pays royalties, addressed a statement to caterers and service industries, which are among the most affected by the coronavirus pandemic, and which we are transmitting in its entirety. At the same time, and important for the general public: we ask everyone to understand the position of about 10.000 members, musicians, authors and rights holders for whom HDS ZAMP collects fees. In a situation where all music events were canceled first, they were the first to be left without direct income on a daily, weekly and monthly basis. Although this is a term that users know how to use for a music license, it is not a “levy” but the income of musicians who try to live and feed their families from that income, just like other entrepreneurs. All of them, as well as caterers, pay income tax, VAT and other taxes for their entrepreneurial activity. To further facilitate their return to normal operations upon completion of the Government’s extraordinary measures, they will be able to pay this reduced amount of compensation for the month of March in 3 monthly installments. Please note that this is a total of 25% of the amount in relation to the regular indebtedness as it was for, for example, the month of February in which business was normal. With the termination of the Government’s extraordinary measures, we will make a decision on the amount of the monthly fee for the first and subsequent months in which the user’s facilities will resume operation, ie the use of musical works.last_img read more

New York probing whether Donald Trump and the Trump Organization manipulated asset values

first_imgAlan Garten, chief legal officer for the Trump Organization, where Eric Trump is an executive vice president, said the company has tried to cooperate with James, a Democrat, as the Republican Trump seeks a second term in office.”The Trump Organization has done nothing wrong,” Garten said. “The NYAG’s continued harassment of the company as we approach the election (and filing of this motion on the first day of the Republican National Convention) once again confirms that this investigation is all about politics.”James said she began her probe after Donald Trump’s former personal lawyer and fixer Michael Cohen said in Congressional testimony that the president’s financial statements inflated some asset values to save money on loans and insurance, and deflated other asset values to reduce real estate taxes.She also said Eric Trump was “intimately involved” in one or more transactions being reviewed, and had “no plausible basis” to refuse to testify pursuant to a subpoena. The New York state attorney general is investigating whether Donald Trump and the Trump Organization improperly manipulated the value of the US president’s assets to secure loans and obtain economic and tax benefits, and said Trump’s son Eric has been uncooperative in the civil probe.The disclosure was made in a filing on Monday with a New York state court in Manhattan, where Attorney General Letitia James is demanding that the Trump Organization, Eric Trump and others comply with subpoenas from her office.Lawyers for the attorney general said the subpoenas were issued as part of her “ongoing confidential civil investigation into potential fraud or illegality,” adding there has been no determination that any laws were broken. Four properties are being probed, with a particular focus on a 212-acre (85.8 hectare) property in northern Westchester County, north of New York City, called the Seven Springs Estate.James is examining an apparent $21.1 million tax deduction for Seven Springs for 2015 from the donation of a “conservation easement,” following Donald Trump’s two-decade failure to build a golf course or residential housing on the property.Other properties being probed include 40 Wall Street in downtown Manhattan, the Trump National Golf Club in Los Angeles, and the Trump International Hotel and Tower in Chicago.The attorney general said the latter property, which towers a quarter-mile over the Chicago River, has been “omitted” from Donald Trump’s “Statement of Financial Condition” since 2009.James said “significant amounts” of subpoenaed materials have been produced but there is an impasse over other materials.”For months, the Trump Organization has made baseless claims in an effort to shield evidence from a lawful investigation into its financial dealings,” James said. “They have stalled, withheld documents, and instructed witnesses, including Eric Trump, to refuse to answer questions under oath.”In separate litigation, Donald Trump for a year has been fighting to block Manhattan District Attorney Cyrus Vance from enforcing a subpoena seeking eight years of his tax returns, in connection with a criminal probe.A federal appeals court will hear Trump’s arguments on Sept. 1, after a judge refused to void Vance’s subpoena. The US Supreme Court ruled last month that Trump does not deserve immunity from Vance’s probe. center_img Topics :last_img read more

Arsene Wenger identifies the two ‘big mistakes’ Leipzig made in Champions League semi-final defeat to Paris Saint-Germain

first_imgGulacsi was punished after his pass with cut out by PSG midfielder Herrera (Picture: Getty)Peter Gulacsi was largely to blame for PSG’s second goal after playing a wayward ball straight to Ander Herrera in the build-up to Di Maria’s strike and Wenger hit out at the goalkeeper for a lack of game awareness.Asked whether it was a mistake from Gulacsi, Wenger replied: ‘Yes, a big one.‘Because you have to think that it was 41 minutes played and Leipzig were struggling a little bit.‘The goalkeeper has to think then, “Let’s go 1-0 at half-time” and not take a huge gamble.‘He didn’t adapt his game at all to the situation and 2-0 was too big a hurdle for them.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalWenger hopes the success of PSG and Lyon in this year’s competition will help improve Ligue 1’s reputation across Europe.‘PSG have carried the failures of a few years, going out in unexpected situations, especially against Barcelona,’ he added.‘Overall, I would say that will change the way people will look at them and even the French championship because we have Lyon as well.‘Lyon are not even qualified for Europe next season if they don’t win the Champions League and they are still in the last four, having knocked out Juventus and Manchester City.‘It will change the way people look at the French championship.’Who will win this year’s Champions League?PSG0%Bayern Munich0%Lyon0%Share your resultsShare your resultsTweet your resultsFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram. AdvertisementAdvertisementFor more stories like this, check our sport page.MORE: Thomas Tuchel reveals why he clashed with Leipzig coach after PSG’s Champions League semi-final winMORE: Neymar, Kylian Mbappe and Angel Di Maria react after PSG thump RB Leipzig to reach Champions League final PSG swept Leipzig aside to reach the Champions League final (Picture: Getty)Arsene Wenger believes Leipzig were the architects of their own downfall in their 3-0 defeat to Paris Saint-Germain, gifting the opposition their two opening goals with a pair of ‘big mistakes’ in Lisbon.PSG took a giant step towards the Champions League final in a one-sided first half as Angel Di Maria set up Marquinhos’ header to break the deadlock before getting on the scoresheet himself in the 42nd minute.Neymar and Kylian Mbappe continued to terrorise Leipzig’s tiring defenders after half-time and the pressure soon told as Juan Bernat nodded home to extend PSG’s advantage at Benfica’s Estadio da Luz. Advertisement Advertisement Former Arsenal boss Wenger discussed the game for beIN SPORTSIn his post-match analysis for beIN SPORTS, ex-Arsenal manager Wenger insisted the French champions deserve enormous credit for reaching the final for the first time in their history but criticised Leipzig for the way they imploded in the first half.AdvertisementAdvertisementADVERTISEMENT‘In football it’s about finding your strengths and removing the strengths of your opponent and I think Leipzig overthought a little bit to do that,’ he said.‘They didn’t disturb the game of Paris Saint-Germain. Individually, PSG are much too strong so Leipzig missed the first half.‘At half-time, it was impossible for them to score two goals and qualify because they have no real goalscorers.’ Marquinhos broke the deadlock with a powerful header in the 13th minute (Picture: Getty)On Marquinhos’ opening goal, Wenger said: ‘You could see that they opened the goal too much. ‘The distance between the two defenders on the near post is far too big and they opened the space for Marquinhos.‘Marquinhos is far too good in the air, even if he’s not tall.‘They made a huge mistake there, tactically.’ Metro Sport ReporterWednesday 19 Aug 2020 10:21 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link7.9kShares Arsene Wenger identifies the two ‘big mistakes’ Leipzig made in Champions League semi-final defeat to Paris Saint-Germain Commentlast_img read more

Germany pursues sustainable finance plan for EU presidency

first_imgAs it gears up to assume the EU presidency in July, the German government is getting input from a hard-working committee of experts that was assembled to help it develop and implement a sustainable finance strategy.The Sustainable Finance-Beirat, as it is known, delivered its interim report in early March. A consultation on the report closed yesterday, after the initial deadline was extended due to the COVID-19 pandemic, while the final report is still expected for this autumn.“We were told from the beginning to deliver the first results of our work because Germany will want to present them to the EU members and to promote regulations at the EU level on sustainable finance,” Karin Bassler, managing director of the working group for church investors in the German Protestant Church (AKI) and member of the Beirat, told IPE.She said the committee, with members and observers with different roles, was an “innovative instrument” and that its composition has had a positive impact on the work it has done. The committee, which was established by the ministry of finance and the environment, and coordinates closely with the ministry for economic affairs, includes representatives of the financial industry, the real economy, civil society and science.Silke Stremlau, member of the management board at Hannoversche Kassen, a multi-entity group including occupational pension providers, is also on the committee, and said: “In Germany we have a very heterogeneous market with strong lobbyists, and the committee has to fight to stop the lobbyists and to advise the government.”Stremlau hopes that the government will listen to the knowledge of the experts instead of to the lobbyists because the finance industry is in some respect ahead of the curve.“For example, we demand a CO2 price that has a function of guidance and the internalisation of external costs,” she said. ”We need real prices for products and I hope that the politicians will be brave so that the market can also adequately react.”Sustainable stimulusFor some, the virus outbreak is an opportunity to remind the government to align stimulus programmes for the economy to climate targets and the United Nations’ Sustainable Development Goals.“I hope that COVID-19 has a catalyst function to accelerate the reorganisation of the economy and to connect the rescue packages with climate and sustainability goals on both the national and the EU level,” Bassler said.Thomas Jesch, managing board member of the institutional investor group Bund Institutioneller Investoren (BII), told IPE it would be difficult to put in place measures to support the economy and link those measures to environmental, social and governance (ESG) policies in a short amount of time.“The problem is the timeline, but we cannot forget ESG policies during this time of crisis,” he added. “This is also an impulse that comes from the EU, with special emphasis on climate-related legislation,” he added.In its interim report, the committee already suggested ways to transform the economic and financial system for the benefit of sustainability. For financial investors, it suggested providing certainty through a CO2 price, the use of science-based, forward-looking analyses and stress tests.The committee also recommended an expansion of the range of sustainable financial products.Jesch said: “From our point of view, capital investment must be a successful investment, for the insurance holders and for who receives the pension, and we cannot put the return against sustainability.”Green bubble considerationsIn a recent statement, the German Association of Actuaries (DAV) warned that while demand for green investments was ever growing, there was a limited supply of sustainable investment opportunities.Guido Bader, DAV’s president and a member of the sustainable finance committee, said politicians and supervisors had to take care not to let a bubble in green investments form.Asked about this, Bader told IPE that DAV welcomed all “serious” sustainable investment opportunities, which would include green bonds issued by federal government, federal states, municipalities or institutions such as the state-owned KfW Bank.“Only when there is a sufficient volume of safe, long-term sustainable investments can we discuss obliging more sustainable investment from institutional investors,” he said, adding that without such a “sufficient investment universe”, the prices for sustainable investments would inevitably rise and the feared bubble would materialise.In Stremlau’s view, companies are starting to adjust to the new environment and develop new business models as a reaction to political decisions that sometimes take too long to come, for example on the price for CO2 emissions, but also clear signals towards sustainability from the EU.“I don’t think that there is a bubble of green products,” she said.Jesch added: “It is always important to take in consideration the underlying project in Germany or at the EU level with SDGs and PRI criteria. The bubble of green products can happen if projects are labelled as green, but they are not green. We have to avoid a bubble through establishing strict definitions for green bonds.”Stremlau said that pension funds focusing on long-term investments must look at trends and topics that have an impact globally, and to companies that already successfully tackle them.“This is why I think sustainable finance is very important, because it looks at the topics of the future, the opportunities, and the risks. It is an arduous process because we don’t have all the data, but for the future, we look intensively at suitability, we invest in all asset classes and long-term,” she said.Looking for IPE’s latest magazine? Read the digital edition here.last_img read more

ScotWind leasing on schedule despite COVID-19

first_imgAs reported, Crown Estate Scotland plans to launch the ScotWind leasing after the publication of Marine Scotland’s draft Sectoral Marine Plan (SMP). Crown Estate Scotland emphasized it will ensure that any such launch fully adheres to the relevant government guidance on preventing the spread of the virus. “Clearly, we are aware that the current COVID-19 situation may potentially increase the time that organizations require in order to submit applications to ScotWind Leasing. As a result, we will take this into account when we confirm the timescale and next steps for the process, which we hope to do in the coming weeks,” Crown Estate Scotland stated.center_img Crown Estate Scotland is planning to officially launch the ScotWind seabed leasing round for offshore wind projects in spring as previously stated, despite COVID-19.last_img read more

Douglas Pratt: Better to celebrate our differences

first_imgNZ Herald 1 March 2013…Marriage is a term that applies to a particular form of heterosexual relationship. Obviously, homosexual identity and relationship is not the same as heterosexual. To juxtapose the two terms is to commit non-sense. It is to say, in effect, “homosexual-heterosexual”. The term gay marriage is an oxymoron. Proponents of gay marriage stress the goal of equality. But if a gay couple think that getting married will confer a quality of gender-neutral relationship and commitment previously lacking, they are mistaken. For marriage is not, and can never be, a gender-neutral state of affairs.As Ron Hay (Dialogue, February 25) correctly notes, the proposal to apparently “extend” the provisions of the Marriage Act to include homosexual couples is a sleight-of-hand, for it will require a wholesale redefinition that will detract from the distinctiveness of both heterosexual and homosexual relationships.We can see this clearly when considering what constitutes the act of getting married. All legal marriages require a set of conditions and a minimal formula of words that each party publicly utters. There are four essential elements to the act of getting married. The first is that the couple declare their free intention, typically by saying yes to a question posed by the celebrant. Then there is the saying of a vow, which must meet the legal minimum of each stating to the other words to the effect that he becomes her husband and she becomes his wife. The language is all about a gender-specific relationship.The saying of the vow is usually symbolised by the giving, or exchange, of a ring. Then the celebrant pronounces that the couple are married – “I pronounce you to be husband and wife” – and, again, the language used is relational, not institutional. It is not about entering or creating an institution called marriage; it is about establishing a unique relationship of marriage. This is followed by the signing of the marriage certificate and, if appropriate, the register, which the couple do as bride and groom.Before this sequence of events commenced the couple were two single persons. Each has taken on a role and identity with respect to the other – the female becomes “wife” and the male becomes “husband”. There is no reason why gay couples could not undertake some similar ceremony of equal value to that of marriage, but logically it cannot be the same thing. For the terms of marriage are the gender-specific relational terms of man/woman, groom/bride, husband/wife. The act of getting married reflects this. If it does not, then it is not marriage.I am all for gays enjoying equality before the law together with straights, but the simplistic identification of equality with sameness that tends to dominate the debate is a travesty of logic. A banana and an apple are equally fruit, but they are not the same thing. Marriage is a union of male and female. Whatever may be designated as the union of homosexual commitment is an equally committed relationship. But the two are not the same thing. read more