When Coal Companies Fail, Who Pays for the Cleanup?

first_imgWhen Coal Companies Fail, Who Pays for the Cleanup? FacebookTwitterLinkedInEmailPrint分享Leigh Paterson for NPR:For decades massive, open-pit coal mines have been feeding the country’s appetite for energy. Once coal companies are done with the land, they’re supposed to restore it. But as America’s coal industry declines, it may not have the funding to keep its cleanup promises.Restoring a mine to its original state is an elaborate and expensive process, one that some say makes the land better than before. The coal companies, however, often don’t have to set aside money for future cleanup processes thanks to a provision called “self-bonding” — an assurance for companies to pay for reclamation based only on their financial health.Virginia-based Alpha Natural Resources, a coal company with mines in Appalachia and Wyoming, declared bankruptcy in August. Operations still continue at the company’s Wyoming mines, and regulators estimate it would cost over $400 million to clean up those sites once mining is complete. But Alpha was approved to ensure its cleanup costs with self-bonds.“A self-bond isn’t much more than a wink and a promise,” says Clark Williams-Derry, director of energy finance at Sightline Institute, a Seattle-based think tank that focuses on sustainability. “A promise that … when the time comes, you’ll be good for it.”But some of these companies may no longer be good for it. Federal regulations require that a company pass a test of financial strength to qualify for self-bonding, although some companies have been approved despite their questionable financial status.In September, a second major company, Arch Coal, was reapproved to self-bond and filed for bankruptcy four months later.“So then that raises the question, who is going to pay for cleanup? Is it going to be you and me? It is going to be the general public? Is it going to be adjacent landowners?”These questions extend far beyond the Powder River Basin. Three-quarters of Wyoming’s cleanup costs are self-bonded. In Colorado, North Dakota, Indiana and Texas — in each state — it’s more than half.When Coal Companies Fail, Who Pays For The Cleanup?last_img read more

Cops: 2 Men Found Dead Inside SUV in Hempstead

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Nassau County Homicide Squad detectives are investigating the circumstances surrounding the deaths of two men found lifeless inside a vehicle in Hempstead early Saturday morning. Detective said Hempstead residents Jordan Lopez Juarez and Arliny Velasquez, both 22, were found on Elm Avenue sitting inside a running 1999 Toyota 4Runner. They were last seen alive six hours earlier. Both victims were pronounced dead at 8:15 a.m., police said.Relatives last saw the pair listening to music inside the vehicle at 1:40 a.m., police said. Police said they suspect no criminality at this time. The Nassau County medical examiner’s office is conducting an autopsy to determine the cause of death.last_img read more

McDonald’s slapped with sexual harassment lawsuit at OECD

first_img“Because McDonald’s has neglected to act to create a safe workplace, the Dutch government should make use of this complaint to empower workers to effectively address the rampant harassment they face under the Golden Arches,” she said.The lawsuit also targets two investment banks, APG Asset Management of the Netherlands and Norges Bank of Norway, which together have holdings worth $1.7 billion in the food giant.The plaintiffs noted that the OECD’s own guidelines “require due diligence by institutional shareholders in companies to ensure responsible business conduct.”The unions said the suit was the “first-ever complaint brought to the OECD to take aim at systematic sexual harassment at a multinational company.” An international group of labor unions said Monday it has filed a lawsuit against McDonald’s for “systemic sexual harassment” at the fast food chain’s restaurants around the world.The suit, filed at the Organization for Economic Cooperation and Development (OECD)’s offices in the Netherlands, was the first of its kind to target a multinational company, the plaintiffs said.”McDonald’s workers have sounded the alarm about sexual harassment and gender-based violence for years, but a company with a culture rotten from the top has failed to take meaningful action to address the problem,” said Sue Longley, general secretary of the International Union of Foodworkers, in a statement. Topics :center_img The legal action cites witness testimony of “attempted rape, indecent exposure, groping, and sexual offers.” It said the victims, some as young as 16, “said they were ignored, mocked, or punished when they reported it. Some had their hours cut back and others were fired.”It also cited cases of “groping, touching, forced kissing and other forms of unwanted bodily contact” in branches of the food chain in numerous countries including the United States, the United Kingdom, Australia, Brazil, Chile, Colombia, France, and others.In France, it cited a case in which a McDonald’s manager allegedly “installed a cellphone camera in the women’s changing room, and secretly filmed young women changing their clothes.””Gender-based violence and harassment is part of McDonald’s culture,” the complaint alleged.The suit will be examined by the Dutch government, which has up to three months to decide whether to launch a process of mediation with the company.The unions, which include the European Federation of Food, Agriculture and Tourism Trade Unions and the Service Employees International Union of the United States and Canada, said they brought the case in the Netherlands because in the United States, where the company is headquartered, McDonald’s “insists it has no responsibility for employment conditions, employment relations, or workplace abuses in the more than 90 percent of its stores operated by franchisees.”The unions chose the Netherlands because it is the “nerve center” of the fast food giant’s European operations, and also the headquarters of APG bank last_img read more

How Arsenal chiefs responded to BATE Borisov defeat as pressure grows on Unai Emery

first_imgHow Arsenal chiefs responded to BATE Borisov defeat as pressure grows on Unai Emery Unai Emery’s side slipped to an embarrassing defeat against BATE Borisov on Thursday (Picture: EPA)Arsenal’s hierarchy were unable to hide their shock in the wake of perhaps the most embarrassing defeat in the club’s European history.Having beaten the Belarusian minnows 10-2 over two games during the Europa League group stages last season, Arsenal were expected to make short work of the same opposition on Thursday, despite the difficult playing conditions and injuries to several key players.Instead, Stanislav Dragun’s first half header secured an unlikely first leg win for a side which cost just £200,000 to assemble and one which hadn’t played a competitive fixture in nearly two months. According to football.london the watching trio of Rahul Sanllehi, Vinai Venkatesham and Huss Fahmy struggled to comprehend what they had witnessed as the final whistle blew with the recently appointed managing director sat slumped in his chair.AdvertisementAdvertisementMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityEmery signed a three-year contract in the summer but one which included a break clause at the two-year mark and with results having taken a significant downturn since Christmas, his position is already under scrutiny.Champions League qualification remains the Spaniard’s primary objective and although Arsenal are currently only one point adrift of fourth placed Manchester United and expected to comfortably overturn the deficit against BATE, performances on the pitch are starting to concern fans. Comment Arsenal were beaten by a team that was assembled for around £200,000 (Picture: Getty) Metro Sport ReporterSaturday 16 Feb 2019 12:28 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link310Sharescenter_img Alexandre Lacazette will miss the second leg through suspension (Picture: Getty)Speaking after the defeat in Borisov, Emery said: ‘I trust in our players and I trust in our stadium and supporters. There are two matches. Tonight’s match is important but we can’t [be knocked out in it], we are going to play a second match next week.‘I trust in our work to prepare for the next match and to have a different result at Emirates Stadium.‘I respect [BATE] and I know about them because we watched matches they played. An organised team, defensively a good team and good at transitions. We worked to stop them in these actions but they scored one goal and in the transitions we worked well to stop another situation defensively for us.’More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errors  Advertisement Advertisementlast_img read more

Gov. Wolf Celebrates Success of PhilaPort Investments at Vehicle Processing Center Ribbon Cutting

first_img October 29, 2019 Press Release Philadelphia, PA – Today, Governor Tom Wolf joined state and local leaders in celebration of Philadelphia’s first new port terminal in more than 45 years during a ribbon-cutting ceremony at the Southport Auto Terminal.“The new vehicle processing center is just one step in my Port Development Plan, which is generating long-lasting economic growth in southeastern Pennsylvania by making Philadelphia the best place to ship and receive goods on the East Coast,” said Gov. Wolf. “This terminal alone will stimulate an estimated $124 million in economic activity, as well as create as many as 2,500 good, family-sustaining jobs.”Four years ago, Gov. Wolf released his Port Development Plan, which outlined a strategy to redevelop underutilized areas of PhilaPort with more than $300 million in investments. Since then, five new super post-Panamax cranes have been installed and the port’s container capacity has been doubled, allowing PhilaPort to set a record for its highest ever monthly total cargo tonnage. Also underway is an overhaul of Tioga Marine Terminal, which includes the construction of a 100,000 square foot on-dock warehouse.Southport Auto Terminal increases PhilaPort’s daily auto processing capability from 600 to 1,000 vehicles, with space for 350,000 autos per year. The 155-acre site was raised above the 100-year flood plain using fill, and features two car washes, heated floors, a state-of-the-art body shop and access to rail lines serviced by multiple rail carriers. Vehicle manufacturers Hyundai and Kia currently process vehicles at the port through facilities operator Glovis America, Inc. Gov. Wolf Celebrates Success of PhilaPort Investments at Vehicle Processing Center Ribbon Cuttingcenter_img SHARE Email Facebook Twitterlast_img read more

Gordonvale home bound to bring joy to another family

first_imgTHE soothing sounds of children playing, laughter and music have brought the best out of this handsome Gordonvale home.David and Gail Wallis have lived at their beloved Corcoran St property since building was completed in 1990, two years after they bought a picturesque 4000sq m block.“We were one of the original builders in this subdivision and have loved it since day one,” said Mr Wallis, a former farmer and teacher aide. “I had my eye on this spot for a while and we grabbed it straight away.“It’s among the mountains, quiet and in a really good neighbourhood – we’ve never had any trouble.”Just southwest of the Gordonvale town centre, the property’s expansive gardens have been perfected over time.The house was designed for maximum comfort and, according to Mr Wallis, “never fails to capture the breeze”.“We wanted something that had nice big windows from which we could see the mountains around us, so we’ve got good ventilation throughout the home,” he said.Mr and Mrs Wallis’ fondest memories included watching their two daughters grow up playing in the sprawling yard and honing their music talents inside.“We’ve always had music in this house and both of our daughters are now qualified music teachers,” Mr Wallis said.“We would hold little concerts and everyone had a great time.”About 15 years ago they built a “sparkling” swimming pool next to the home’s outdoor entertaining area.A pool has been an invaluable addition to the homeOther features include a three-bay shed, built-in wardrobes and airconditioning.With their daughters and three young grandchildren now living in Brisbane, the Wallises have decided to move south.More from newsCairns home ticks popular internet search terms3 days agoTen auction results from ‘active’ weekend in Cairns3 days ago“Our girls have lovely memories from being here and really didn’t want us to sell,” he said. I wish we could pick up this home and take it with us – we will both be very sad to go.”Mrs Wallis, who worked at Catholic Education for about 20 years, said she couldn’t imagine living in a better neighbourhood.According to CoreLogic, the average selling price for Gordonvale houses was $340,000 during the 12 months to January.With Cairns’ Southside set to expand drastically over coming years, the slice of Gordonvale acreage really is an opportunity not to be missed.Selling agent for 49-51Corcoran St, Therese Plath, of Ray White Cairns South, said the property oozed class.“Homes of this quality do not last (long on the market) and are just perfect for families wanting easy lifestyle living in such a picturesque and tranquil setting,” she said.The four-bedroom property is listed for offers in the mid $700,000s.Inspections can be arranged by appointment.last_img read more

Goldman Sachs fined £34m for MiFID reporting breaches

first_imgAccording to the FCA, Goldman Sachs “failed to take reasonable care to organise and control its affairs responsibly and effectively in respect of its transaction reporting”. It did not provide accurate reports for roughly 213.6m transactions, and reported 6.6m transactions to the FCA that were not reportable.“These failings related to aspects of [Goldman Sachs’] change management processes, its maintenance of the counterparty reference data used in its reporting and how it tested whether all the transactions it reported to the FCA were accurate and complete,” the regulator said.Mark Steward, the FCA’s executive director of enforcement and market oversight, added: “The failings in this case demonstrate a failure over an extended period to manage and test controls that are vitally important to the integrity of our markets.“These were serious and prolonged failures. We expect all firms will take this opportunity to ensure they can fully detail their activity and are regularly checking their systems so any problems are detected and remedied promptly, unlike in this case.”In its statement regarding UBS earlier this month, the FCA said the Swiss investment bank failed to provide accurate data relating to approximately 86.7m reportable transactions, and mistakenly reported 49.1m transactions to the FCA that were not reportable. The UK’s financial services regulator has fined Goldman Sachs £34.3m (€40m) for transaction reporting failures that lasted almost a decade.In a statement published today, the Financial Conduct Authority (FCA) said Goldman Sachs had failed to “provide accurate and timely reporting” for more than 220m transactions between November 2007 and March 2017.The fine follows a £27.6m penalty imposed on UBS on 19 March, relating to more than 135m transaction reports over a similar timeframe. In total, the FCA has fined 14 companies for similar offences, charging them more than £94m collectively.The breaches related to reporting requirements brought in under the first Markets in Financial Instruments Directive (MiFID), which came into force in late 2007.last_img read more

BYU looks to extend streak vs LMU

first_img Associated Press FABULOUS FRESHMEN: Loyola Marymount’s Eli Scott, Ivan Alipiev and Keli Leaupepe have combined to account for 49 percent of the team’s scoring this season and have scored 48 percent of all Lions points over the last five games.WCC IMPROVEMENT: The Cougars have scored 69.7 points per game against conference opponents so far, an improvement from the 76.4 per game they recorded over 14 non-conference games.KEY FACILITATOR: Scott has either made or assisted on 42 percent of all Loyola Marymount field goals over the last five games. The junior guard has accounted for 26 field goals and 25 assists in those games.THREAT BEHIND THE ARC: Brigham Young’s TJ Haws has attempted 131 3-pointers and connected on 38.2 percent of them, and is 12 for 23 over the last five games.ASSIST DISTRIBUTION: The Cougars have recently used assists to create buckets more often than the Lions. Loyola Marymount has 38 assists on 72 field goals (52.8 percent) over its previous three matchups while Brigham Young has assists on 62 of 97 field goals (63.9 percent) during its past three games. February 12, 2020 BYU looks to extend streak vs LMUcenter_img Share This StoryFacebookTwitteremailPrintLinkedinRedditBrigham Young (19-7, 8-3) vs. Loyola Marymount (8-16, 2-8)Albert Gersten Pavilion, Los Angeles; Thursday, 11 p.m. ESTBOTTOM LINE: Brigham Young looks for its fifth straight conference win against Loyola Marymount. Brigham Young’s last WCC loss came against the San Francisco Dons 83-82 on Jan. 25. Loyola Marymount lost 85-67 at Gonzaga on Thursday. DID YOU KNOW: The Brigham Young offense has scored 80.5 points per game, the 13th-highest figure in Division I. Loyola Marymount has only averaged 65.5 points per game, which ranks 279th nationally.___For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.comlast_img read more

Australian cricketers Paine, Lyon see ‘mind-blowing’ fire devastation

first_img(REUTERS) – Australian cricketers Tim Paine and Nathan Lyon said they were humbled to see the “unbelievable” efforts of rescue teams as they visited areas devastated by bushfires. Twenty-seven people have been killed this fire season as huge fires have scorched through more than 10.3 million hectares (25.5 million acres) of land, an area the size of South Korea.Australian captain Paine and Lyon visited Wingello, a town of about 500 people in hard-hit New South Wales, on Wednesday, days after it was devastated by the flames.The pair walked through the charred shells of houses and past burnt-out vehicles and met rescue crews and residents.“It’s been a really special day for us, to come down and see some of the devastation and see the size of the fire that has come through places like this has been absolutely mind-blowing,” said Paine.“When you do see it, you realise … the flat-out bravery of our firemen and women who have come out here to try and save lives and save properties. It has been an unbelievable effort, so we thought it was really important to come here and say ‘thank you’.”“It has been a really special day, a really humbling day.”Sports organisations in Australia have kept a watchful eye on the weather after a Twenty20 Big Bash match in Canberra was called off last month due to poor air quality caused by smoke from fires.A women’s soccer match scheduled for the town of Newcastle today was postponed and Tennis Australia has said it will halt matches if it has to at the Australian Open due to start later this month.Athletes such as tennis player Nick Kyrigos and former Australian bowler Shane Warne have been at the forefront of efforts to raise money for victim and relief efforts.last_img read more

Students can access free tutorials

first_imgUSC has obtained a campus-wide license that grants free access for all current university students, faculty and staff to Lynda.com, a website that offers more than 900 training videos on a broad range of web programs and computing topics.Programs · Aditya Thingle, a graduate student studying computer science, and Courtney Churukian, a staff member, work at the KOH lab. – Anna Wierzbowska | Daily Trojan Some of the instructional videos on Lynda.com include programs for web development, social media sites, video and audio production, Google applications and Microsoft Office.Among the offerings, Lynda.com offers a tutorial on Microsoft Word 2010 that teaches one how to mail merge documents to save time.The courses are divided into five to 15 minute tutorials, and topics can be searched by subject or software on the website. Students who use Avid to edit film footage can utilize these tutorials to learn the essentials on importing and exporting footage along with many other shortcuts.Kevin Durkin, the director of communications for ITS, said the idea came from an advisory group called the Strategic Technology Forum, which is composed of IT leaders from the university.“In this forum, the discussion came up from a desire to have something to do with self-training,” Durkin said. “A subcommittee was formed in partnership with STF, and the university eventually got a campus-wide license.”Tiffany Lee, a junior majoring in communication, sais this website will be a useful tool, especially for students in the Annenberg School for Communication and Journalism.“Annenberg students often have to familiarize themselves with up-and-coming types of technology and media, so it will be very beneficial for students to learn how to use these various technologies extensively,” Lee said.Professors at the university have also expressed interest in using Lynda.com to further hone their technological skills, according to Durkin.“Industry standards change so quickly in our field that an instructor who isn’t actively practicing can easily fall behind,” said Haven Lin-Kirk, area head of design at the Roski School of Fine Arts. “With everyone’s busy schedules, it’s much more convenient to update your skills in your free time.”Lin-Kirk also said she plans to integrate the program into Roski’s curriculum.Click here to go to http://www.usc.edu/its/lynda, then go to “Log in to Lynda.com” and enter your USC username and password.“The FA203 Digital Tools for Design Course will use Lynda.com as a supplement to the curriculum that is already in place,” Lin-Kirk said. “Though it will not replace any of the existing lectures or in-class materials, there is also quite a bit that is available through the service that is not covered in our courses.”Lexie Cook, a senior majoring in broadcast journalism, said she thinks having access to this site could help give students an edge in the job search, as well.“Companies look for college graduates who are proficient in many different computer programs, so the more programs students can learn while they’re in school, the better their resume will be,” Cook said.ITS plans to provide free access to Lynda.com for six months, and then the Strategic Technology Forum will evaluate the program’s effectiveness and popularity with the campus community to see if it will be continued.The website can be accessed at any time, and students or faculty need only to log in at http://www.usc.edu/its/lynda by using their USC e-mail account.last_img read more