Trump Administration Considers Market Interventions to Stop Retirements of Coal and Nuclear Plants

first_imgTrump Administration Considers Market Interventions to Stop Retirements of Coal and Nuclear Plants FacebookTwitterLinkedInEmailPrint分享Bloomberg:Trump administration officials are making plans to order grid operators to buy electricity from struggling coal and nuclear plants in an effort to extend their life, a move that could represent an unprecedented intervention into U.S. energy markets.The Energy Department would exercise emergency authority under a pair of federal laws to direct the operators to purchase electricity or electric generation capacity from at-risk facilities, according to a memo obtained by Bloomberg News. The agency also is making plans to establish a “Strategic Electric Generation Reserve” with the aim of promoting the national defense and maximizing domestic energy supplies.“Federal action is necessary to stop the further premature retirements of fuel-secure generation capacity,” says a 41-page draft memo circulated before a National Security Council meeting on the subject Friday.Although the memo describes a planned Energy Department directive, there was no indication whether President Donald Trump had signed off on the action nor when any order might be issued. The document, dated May 29 and distributed Thursday, is marked as a “draft,” which is “not for further distribution,” and could be used by administration officials to justify the intervention.Over dozens of pages, the memo makes the case for action, arguing that the decommissioning of power plants must be managed for national security reasons and that federal intervention is necessary before the U.S. reaches a tipping point in the loss of essential, secure electric generation resources. U.S. Defense Department installations are 99 percent dependent on the commercial power grid, one reason that electric system reliability is vitally important to national defense and homeland security, the memo asserts.For two years, the Energy Department would direct the purchase of power or electric generation capacity from a designated list of facilities “to forestall any future actions toward retirement, decommissioning or deactivation,” according to the memo. The proposed Energy Department directive also would tell some of those facilities to continue generating and delivering electric power according to their existing or recent contracts with utilities. The department’s intervention is meant to buy time for a two-year study of vulnerabilities in the American energy delivery system — from power plants that provide electricity to the natural gas pipelines that supply them. According to the memo, the planned action is a “prudent stop-gap measure” while the department addresses the nation’s “grid security challenges.”More: Trump Prepares Lifeline for Money-Losing Coal Power Plantslast_img read more

Nassau Appoints Nassau Jail Oversight Board Members

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Nassau County jail was ordered to enact a long-overdue oversight panel.Nassau County lawmakers appointed members to the Nassau County jail Board of Visitors, an oversight agency inmate advocates successfully sued the county to enact after 23 years of neglecting to do so.The county legislature made the appointments in the last votes cast Thursday, their final scheduled meeting of the year, five months after the move was inexplicably adjourned this summer and nine months after a judge ordered the county to name appointees.“This has been a long time coming,” Legis. Diane Ford (D-Long Beach) said before she and her fellow legislators voted the long-stalled panel into creation.Acting State Supreme Court Justice James McCormack ordered Nassau County Executive Ed Mangano in March to name seven appointees to the board after the Nassau County chapter of the Civil Liberties Union sued to enact the board, which had not been empaneled since being created in 1990.Mangano and County Sheriff Michael Sposato, who runs the jail, had resisted, arguing that it would be redundant despite a recent string of suicides and other incidents brought state scrutiny on the East Meadow correctional center, which also had been under federal oversight until several years ago.Nassau County Jail: Suicides, Health Care Changes, Budget Cuts Prompt Calls For OversightThe Board of Visitors will have the power to review jail records, investigate inmate complaints and issue recommendations to remedy issues its members find.The volunteer appointees include several members who, like Presiding Officer Norma Gonsalves (R-East Meadow), also sat on the Nassau County Jail Advisory Committee, another volunteer panel that aims to address quality-of-life issues in communities surrounding the facility.They include Richard Bivone, a building and electrical inspection company owner, Helen Meittinis, an East Meadow civic leader and Leon Campo, an East Meadow School District official.The other three appointees are Alphonzo Albright of Long Beach, a former deputy commissioner in the New York City probation department, Dr. Philip Eliot, the Deputy Nassau County Executive for Health and Human Services and Michael N. Califano, a Nassau County budget analysis manager whose son, Michael M. Califano, was a police officer who was killed in the line of duty two years ago.last_img read more

Standards for IT integrations? What does it mean?

first_img 18SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Rich Jones A published author and engaging speaker, Rich Jones is President/CEO/Principal for Leaders2Leadership LLC. Prior to starting his own strategic planning agency he was Senior Vice President of Sales, … Web: leading2leadership.com Details During a recent review, a $1B credit union in the northeast was found to have 54 different third-party vendors integrated into core or vendor-to-vendor systems.Fifty-four.This excess of integration is tragically common and totally out of control. 54 is not a number that can be ignored. Considering each of those vendors cost money to integrate, the annual cost of integrating and maintaining those solutions easily runs into thousands of dollars annually. These costs—which will only increase as cores and vendors update and upgrade their services and processes—aren’t going away any time soon; members expect new access channels, payment systems, products and services, all of which require integration.The only way credit unions can match these consumer expectations is to create uniform integration standards for the entire industry. Banks are demanding their own standards in order to reduce integration costs and improve time to market; to compete, credit unions must demand standards of our own.We have to unite behind a single solution, and CUFX Standards is the best path for credit unions going forward. CUFX creates free, open-source standards that can be accessed and modified by all credit unions; once a standard is built, other credit unions can take it and apply it to their own vendor and core.The economies of this collaborative effort are obvious. CUFX has demonstrated integration cost savings of up to 75%, and time to market is cut in half. In order to compete in the financial services industry, these benefits are not just nice-to-have—they’re absolutely essential.How do you get involved? The next time you draft an RFP for a product or service that requires integration with a core or vendor, include a clause that it be built on a standard that other credit unions can use through CUFX. Alternatively, if you already have an integration project in the pipeline, contact CUFX and they will help you and your core/vendor design an integration standard that can be implemented industry-wide. Like the standards themselves, CUFX provides these services completely free of charge.The time has come for our movement to have a unified integration standard; join us in this great leap forward.Contact CUFX at www.cufxstandards.com or call/email Rich Jones 720.256.4936 or busdev@cufxstandards.com to use an existing standard to help us create a standard.last_img read more

New guidelines for nursing homes have Broome County officials concerned

first_img“We estimated there’s about 2,000 personnel that work in nursing homes in Broome County. We’re going to have to conduct 4,000 tests a week,” said Broome County Executive Jason Garnar. The first of these guidelines requires all nursing home staff to be tested for COVID-19 twice a week. While this would ramp up tests, the county says they need more supplies. Additional guidelines include requiring nursing homes to notify the state if they are unable to provide adequate care for patients. Garnar says Willow Point has not had any residents transferred from the facility. “It’s our responsibility, we have an emergency operations center, and when places like nursing homes can’t procure the amount of tests they need, they go to us so we can put those requests in to the state,” said Garnar. If a COVID-19 patient is transferred to the hospital, Garnar says the patient will have to remain at the hospital until they test negative for the virus. Garnar says publicly-run Willow Point Rehabilitation and Nursing Center will receive the required testing. For state-regulated private homes, the county is offering support. Broome County only receives 1,600 tests per week from the state. That puts the county 2,400 tests short of the required amount, and that’s just for nursing home testing. According to Governor Cuomo, “any nursing home that fails to follow health procedures will lose their license.” (WBNG) — Nursing homes across New York State have received new guidelines in an effort to provide more protections for individuals living or working at these facilities. last_img read more

Keeping up with the Joneses

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Sanders claims victory as review ordered of Iowa results

first_imgDemocratic presidential candidate Bernie Sanders joined Pete Buttigieg on Thursday in claiming victory in the chaotic Iowa caucuses as an exasperated party chairman ordered a review of the results of the first nominating contest.Sanders, the leftist senator from Vermont, and Buttigieg, the former mayor of South Bend, Indiana, have been separated by a razor-thin margin in the results released so far from Monday’s caucuses.Buttigieg declared himself the winner based on the number of delegates from the midwestern state who will be sent to the Democratic convention in July while Sanders staked his claim based on the popular vote. Three days after the caucuses were held, however, the final results are yet to be released and some doubts have been raised about their accuracy.Democratic Party chairman Tom Perez finally stepped in on Thursday, demanding a review of the results from the caucuses embarrassingly marred by technical problems.”Enough is enough,” Perez said on Twitter. “In order to assure public confidence in the results, I am calling on the Iowa Democratic Party to immediately begin a recanvass.”Perez said it would involve an examination of the results from each caucus site rather than a full recount. With returns in from 97 percent of the 1,765 precincts in Iowa, Buttigieg was leading by 26.2 percent to Sanders’ 26.1 percent in the delegate totals.Progressive Elizabeth Warren was next with 18.2 percent followed by former vice president Joe Biden with 15.8 percent and Minnesota Senator Amy Klobuchar with 12.2 percent.- ‘Much, much, much too complicated’ -Sanders, speaking on Thursday in New Hampshire, the next state to hold a presidential nominating contest, pointed to his 6,000-vote edge.”In other words, some 6,000 more Iowans came out on caucus night to support our candidacy than the candidacy of anyone else,” he said.”From where I come from the person who gets the most votes wins,” Sanders said, arguing that too much emphasis was being put on delegate totals.At the end of the day, he said, the caucus system is “much, much, much too complicated” and it was a mistake for the state party to “rely on untested technology.”Party officials have blamed the technical meltdown on a “coding error” with an app that was being used for the first time to report results.President Donald Trump pounced on the debacle in the first-in-the-nation contest to decide which Democrat will face him in November.”The Democrats, they can’t count some simple votes, and yet they want to take over your health care system,” Trump said during remarks at the White House celebrating his acquittal at his Senate impeachment trial.Buttigieg appeared to be getting a bounce from his strong performance in Iowa as the latest New Hampshire poll showed the centrist candidate in second place in the Granite State, which holds a primary on Tuesday.The Boston Globe/WBZ-TV/Suffolk University poll had Sanders, who won the New Hampshire primary four years ago before eventually losing the nomination to Hillary Clinton, topping the field with 25 percent.Buttigieg’s support surged to 19 percent from 12 percent on Monday, according to the poll, while Biden saw his backing fall to 12 percent from 18 percent over the same period.- ‘Gut punch’ -Biden, who described his likely fourth-place finish in Iowa as a “gut punch,” was meeting with advisors on Thursday to map out strategy. He has topped national polls since entering the crowded race.”I expected to do better,” Biden said as he took the gloves off and launched attacks on Sanders and Buttigieg.”If Senator Sanders is the nominee for the party, every Democrat in America… will have to carry the label Senator Sanders has chosen for himself,” Biden said of the self-described democratic socialist.The 77-year-old Biden, who served in the Senate for 36 years before becoming Barack Obama’s vice president, went after the 38-year-old Buttigieg for a relative lack of experience.”It’s a risk — to be just straight up with you — for this party to nominate someone who’s never held an office higher than mayor of a town of 100,000 people in Indiana,” Biden said.The Sanders campaign announced, meanwhile, it had raised $25 million in January, its largest fund-raising month to date.After the New Hampshire vote, the candidates will turn their sights on the Nevada caucuses on February 22, the South Carolina primary on February 29 and then the March 3 “Super Tuesday,” when 14 states hold primariesMichael Bloomberg, the billionaire former mayor of New York who is also in the race, chose to ignore the early nominating contests and has spent hundreds of millions of dollars on ads hoping to make a splash on Super Tuesday.Topics :last_img read more

Bangkok Bank to acquire another Indonesian bank after Permata deal: OJK

first_imgThe majority of Bank Permata shares is owned by British financial giant Standard Chartered and Indonesian diversified conglomerate PT Astra International, with each owning 44.56 percent. Bank Permata operates 330 branches in 62 cities across Indonesia.The deal values Permata at 1.77 times its book value as per September 2019 and indicates a purchase price of Rp 1,498 (11 US cents) per share.The deal is expected to close in 2020 with Bangkok Bank set to make a mandatory offer for the remaining 10.88 percent of the shares at the same purchase price after completing the transaction to acquire the stakes from Standard Chartered and Astra. Thailand-based Bangkok Bank is planning to acquire another Indonesian bank after closing a deal to purchase a majority stake in Bank Permata from Standard Chartered and Astra International for US$2.7 billion, according to the Financial Services Authority (OJK).OJK commissioner for banking supervision Heru Kristiyana said Thursday that the bank was granted the approval to acquire Permata Bank, adding that the bank may purchase another Indonesian bank after completing the Permata deal.“It is already in their pipeline,” Heru told reporters in Jakarta without disclosing the name of the bank. “Everything is already on the right track with Bangkok Bank.” According to OJK Regulation No. 56/2016 on bank ownership, the OJK allows bank institutions and non-bank institutions to acquire a maximum 40 percent stake in local banks.Read also: Hopes high for Bank Permata after acquisition by Bangkok BankHowever, the OJK said it would allow investors to own more than 40 percent on the condition that they support financial system stability and help to develop the national economy.Bangkok Bank announced in December last year that it had agreed to buy 89.1 percent of publicly listed Bank Permata for around US$2.67 billion as part of its overseas expansion.center_img Topics :last_img read more

Minnesota calls in National Guard to quell unrest over black man’s death in police custody

first_imgMinnesota’s governor activated the National Guard on Thursday to help restore order following two days of violent protests in Minneapolis over the death of a black man seen in graphic video gasping for breath as a white officer knelt on his neck.Governor Tim Walz ordered Guard troops to assist police as local, state and federal law enforcement officials sought to ease racial tensions sparked by Monday night’s fatal arrest of George Floyd, 46.Four city police officers involved in the incident, including the one shown pressing his knee into Floyd’s neck as he lay on the ground, were fired from their jobs the next day. Topics : At a morning news briefing, Police Chief Medaria Arradondo apologized to Floyd’s family, conceding his department had contributed to a “deficit of hope” in Minnesota’s largest city even before Floyd’s deadly encounter with police.”I am absolutely sorry for the pain, devastation and the trauma that Mr. Floyd’s death has left on his family, his loved ones and our community,” he said.Hours later, officials overseeing investigations from the US Justice Department, FBI, Minnesota Bureau of Criminal Apprehension and local prosecutors appealed for calm at a joint news conference, as they gathered evidence.”Give us the time to do this right, and we will bring you justice, I promise you,” Hennepin County Attorney Mike Freeman told reporters. He acknowledged the policeman’s conduct depicted in the video was “horrible,” but said, “My job is to prove that he has violated a criminal statute.”center_img Freeman said his office had also reached out to veteran civil rights activist Jesse Jackson for help in conveying the message that law enforcement takes the case seriously.Minnesota’s US attorney, Erica McDonald, pledged a “robust and meticulous investigation into the circumstances surrounding” Floyd’s arrest and death.The investigation, which Attorney General William Barr had designated a “top priority,” will focus on whether the arresting officers used the “color of law” to deprive Floyd of his civil rights, a federal crime, she said.The announcement capped two days of unrest in which riot police firing tear gas and rubber bullets clashed with rock-throwing protesters who filled the streets in an outpouring of rage over Floyd’s death.Floyd, a Houston native known affectionately to friends as “Big Floyd” and who had worked as a nightclub security staffer, was reportedly suspected of trying to pass counterfeit money when police took him into custody.’I can’t breathe’An onlooker’s video of the arrest showed Floyd lying face down on the street, gasping for air and repeatedly groaning for help as he pleaded, “Please, I can’t breathe.” The officer pinned Floyd’s neck to the ground for about eight minutes, until he grew still. He was pronounced dead at a hospital a short time later.A second night of disturbances on Wednesday, punctuated by looting, vandalism and arson, began hours after Mayor Jacob Frey urged local prosecutors to file criminal charges in the case.Most protesters had been peaceful, while a core group engaged in unruly behavior, the police chief said.The Floyd case was reminiscent of the 2014 killing of Eric Garner, an unarmed black man in New York City who died after being put in a banned police chokehold.Garner’s dying words, “I can’t breathe,” became a rallying cry for the Black Lives Matter movement calling attention to a wave of killings of African-Americans by police using unjustified lethal force.United Nations High Commissioner for Human Rights Michelle Bachelet urged US authorities on Thursday to deal with “entrenched and pervasive racial discrimination” in America’s criminal justice system.The city named the four officers involved in the encounter as Derek Chauvin, Thomas Lane, Tou Thao and J Alexander Kueng. Local news media have identified Chauvin as the officer seen kneeling on Floyd’s neck.Chauvin’s attorney, Tom Kelly, declined comment in an email to Reuters.Police department records posted online show 18 internal affairs complaints filed against Chauvin, 16 of which were closed without discipline.last_img read more

No. 1 McIlroy feels safe and sharp in PGA Tour return

first_img“I feel like my game is pretty sharp. I’m as sharp as I can be coming in here… the first couple of days here will be the real test. I’ll learn a lot about myself and my game in those first couple of days.”With a spotlight on the first event since The Players Championship was halted after one round in March, McIlroy knows how crucial the week will be for golf and the emergence of sport in general from the COVID-19 outbreak.”This week is very important. Golf will be the center of the sports world,” he said. “For people to have something to watch on TV where they don’t know the outcome, I think that will be a good thing.”McIlroy expects a strange atmosphere without fans lining the course, as spectators are not scheduled to attend a PGA event until next month at the Memorial tournament.”It’ll be a little eerie, you’re not getting claps or feedback from good shots,” McIlroy said. “At the same time, it’s what we have to do. It’s what we’re going to have to live with for the foreseeable future.”McIlroy reiterated, however, that he sees no chance of the Ryder Cup, set to be played in September at Whistling Straits, being contested if spectators cannot attend.”It’s either going to be played this year with fans or we’ll be kicking it down the road,” McIlroy predicted.”I’m pretty sure they won’t carry on without spectators. I don’t think that [playing in such an event] would have to be an option that I would consider. I just can’t see it going ahead without fans.”McIlroy said the rescheduling of events forced by the pandemic showed golf’s global structure could use simplification.”I don’t know if everything being under one umbrella is the solution, but definitely fewer umbrellas is a way forward,” McIlroy said.”The more all these bodies can work together for the greater good of the game can only help everybody.” World number one Rory McIlroy says his game is as sharp as possible and he feels in a safe environment as the US PGA Tour returns to competition Thursday.After three months idled due to the coronavirus pandemic, the four-time major champion from Northern Ireland will tee off without spectators at the Charles Schwab Challenge at Colonial in Fort Worth, Texas.There will be face masks and gloves, social distancing, coronavirus tests and temperature-taking to create and maintain a “bubble” of safety for players. Topics : Floyd moves ‘wonderful’The greater good beyond golf was also on McIlroy’s mind in the wake of two weeks of global protests over the police killing of George Floyd and the concern of racial injustice it has raised.”I think everyone can be a little more tolerant and a little more educated and not as ignorant,” McIlroy said. “The fact that it does seem to be this real will to change and have reform is amazing.”McIlroy called the decision to have a moment of silence and vacant tee time at 8:46 a.m. — to symbolize the eight minutes and 46 seconds in which a police officer kneeled on Floyd’s neck — “a wonderful gesture” and noted his own golf idol was black, Tiger Woods.”It didn’t matter what color his skin was, what his beliefs were,” said McIlory. “As long as we continue to give people from different backgrounds opportunities to be in golf, that can only be a good thing.” “It really does feel safe. Everything at the course, everything that has been put in place for us, it has felt very robust, very safe,” McIlroy said.”There’s sanitizer everywhere you look. I feel safe and I’d say basically everyone else that’s here feels the same thing.”McIlroy says his game is as good as can be expected after such a long competition layoff.”The thing I missed the most was the competition,” McIlroy said. “I tried to play with high-caliber players and see where I measured up with them.last_img read more

Jeremie Aliadiere slams record Arsenal signing Nicolas Pepe

first_imgUnai Emery wanted to sign Wilfried Zaha for Arsenal instead of Nicolas Pepe (Picture: Getty)‘What I’m seeing, though, is the most expensive player in Arsenal’s history and even if you don’t want to think about the money, the fact is that money is, unfortunately, a big thing in football.‘And when you spend that much money on a player, you expect more goals and you expect more assists. For a player who cost £72m, it’s the simple parts of the game that sometimes I see him lacking. And that’s what I pick on a bit.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 Arsenal‘Yes, he goes on a good dribble and goes through two or three players – that’s amazing. But when you have (Pierre-Emerick) Aubameyang on your left and all you have to do is pass the ball in the right spot, and instead cut it back at the wrong time, that bothers me. And I’ve seen that quite a lot from him this season.‘Maybe with confidence, with more games, that will improve. But it’s that sort of thing – when he switches off and seems to lack concentration – that gets to me.’MORE: The ridiculous rule Arsene Wenger wanted to introduce after Arsenal were battered by StokeMORE: Arsenal boss Mikel Arteta targets Ajax left-back Nicolas Tagliafico to allow Bukayo Saka to flourishFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisement Jeremie Aliadiere slams record Arsenal signing Nicolas Pepe Nicolas Pepe has endured a difficult first season at Arsenal following his move from Lille last summer (Picture: Getty)Nicolas Pepe must improve the basics of his game if he is to ever justify his £72million price tag, according to former Arsenal striker Jeremie Aliadiere.The Gunners broke their transfer record last summer to beat the likes of Napoli to the signing of the Ivory Coast international. Pepe enjoyed a stellar 2018/19 campaign with Lille but has found it tough to adapt to the rigours of English football.Pepe was not the first choice of former Arsenal manager Unai Emery, who last week confirmed he wanted to sign Wilfried Zaha from Crystal Palace instead. The 24-year-old has made progress under new boss Mikel Aretea but Aliadiere, whose six-year spell at Arsenal was hindered by a series of injuries, has regularly been left frustrated by Pepe’s inconsistent performances. AdvertisementAdvertisementADVERTISEMENTHe told Goal: I saw what he did with Lille last season and he is an amazing player. So, I’m not denying his talent. Metro Sport ReporterFriday 22 May 2020 3:14 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link Comment Advertisementlast_img read more