To 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 newsletters
“Everyone should focus on holding the event next year — we’re on the same page.”He said International Olympic Committee chief Thomas Bach was “not looking for” a Games held without any fans, but acknowledged smaller audiences might be possible.”He may be thinking about a limited number of spectators with full consideration of social distancing,” Muto said.”We must build an environment where people feel safe. Athletes and the IOC family may require testing before/after entering Japan and (we need) strong medical systems around accommodation and transportation plans,” he added. Next year’s coronavirus-postponed Olympics could be held in front of a “limited number of spectators” to prevent the spread of infection, Tokyo 2020 chief executive Toshiro Muto has said.The Tokyo 2020 games are now scheduled to open on July 23, 2021, after a historic postponement forced by the global march of the pandemic.Muto told BBC Sports that organizers were committed to holding the event in 2021, with no discussion of cancelling or postponing it further. Japan currently bans visitors from more than 100 countries in a bid to limit the spread of the virus and Muto said it was “too optimistic to assume all restrictions will be gone, so we must think of other ways.”With just under a year to go until the postponed Games, Japanese citizens have expressed skepticism about whether the Olympics can or should be held.Two polls in July found the majority of Japanese think the Games should be postponed again or cancelled altogether.And several medical experts have suggested the Games will not be viable without a proven treatment or vaccine for the virus.Muto said a vaccine would be “a benefit… [but] not a precondition.”Chairman of the Tokyo Co-ordination Committee John Coates sounded a positive note by saying the Games would go ahead with or without a vaccine.Organizers were “going ahead on the basis there won’t be a vaccine,” Coates told the Australia newspaperHe added that they were prepared “under whatever scenario we have to face, which will become clearer at the end of the year.”Japan has so far seen experienced a comparatively small coronavirus outbreak, but infections have been on the rise, particularly in the capital.Tokyo Governor Yuriko Koike, speaking to Japan’s Kyodo news agency on Wednesday, warned that “containing the new coronavirus inside the capital is a prerequisite” for holding the Games. Topics :
Folksam, AMF and AP3 are among Swedish pension funds investing in a five-year “blue bond” issued by the Nordic Investment Bank (NIB), its first such instrument. The proceeds of the Nordic–Baltic Blue Bond will go to support the bank’s lending to selected water management and protection projects, NIB said.Launched as a SEK2bn (€195m) deal, the issue’s final order book reached over SEK3.2bn, with 21 accounts participating, the bank said.Some 48% of the issue was taken up by pension funds, and 89% of all investors subscribing were from Sweden, according to data from NIB. It said: “The transaction attracted strong interest from dedicated green investors and committed mainstream accounts such as AMF, AP3, Captor, Cliens Kapitalförvaltning, Handelsbanken, LF Jönköping, LF Treasury, SEB Investment Management, WWF and Öhman Fonder.”Folksam Group was also mentioned as an investor in the issue.Michael Kjeller, head of asset management and sustainability at the Folksam Group, said: “Sustainability, not least in relation to the Baltic Sea, is something very close to our clients’ hearts.“We welcome the efforts from NIB to enable this type of bond,” he said, adding that with this investment, Folksam was taking yet another step towards a sustainable world.The blue bond is listed on Nasdaq Stockholm, and the lead manager is SEB.PRI signatory growth The Principles for Responsible Investment (PRI) had 2,232 signatories at the end of 2018, a 21% increase on the previous calendar year, it reported yesterday.Growth in the signatory base was particularly strong across US and Canada, as well as in the UK and Ireland, it said. Newcomers included the corporate pension funds of Novartis in Switzerland and National Grid in the UK, the Employees’ Retirement System of the State of Hawaii, the Government Pension Fund of Thailand, and insurance groups AG2R (France) and Swiss Life (Switzerland).”Despite concerns over loss of momentum around issues such as climate change — as noted in the recent Global Risks Report by the World Economic Forum — investors are becoming aware of the risks and the opportunities around ESG factors,” said the PRI.“Continued growth in demand from global investors, their clients and beneficiaries for investment products and solutions that consider ESG issues, as well as stronger regulatory guidance on responsible investment in many countries, especially within the EU, is also fuelling signatory momentum.”According to the World Economic Forum (WEF) report, global risks were intensifying ”but the collective will to tackle them appears to be lacking”. Prepared by the WEF with Marsh & McLennan Companies, a global professional services company, and Zurich Insurance Group as strategic partners, the report includes the results of an annual survey on global risks perception. Environmental risks continued to dominate, according to the latest report, this year accounting for three of the top five risks by likelihood and four by impact.“Extreme weather was the risk of greatest concern, but our survey respondents are increasingly worried about environmental policy failure: having fallen in the rankings after Paris, “failure of climate-change mitigation and adaptation” jumped back to number two in terms of impact this year,” the report noted.The February edition of IPE magazine will include a special report on green finance, with a tinge of blue to it
Marine Energy Event (Photo: Navingo)Marine Energy Event, held on October 11, 2017, as part of Offshore Energy Exhibition & Conference (OEEC) 2017 in Amsterdam, gathered a great number of industry experts who discussed the latest in marine energy with a focus on conditions for commercial success which was also the topic of this year’s event.The Marine Energy Event started with an introductory address, delivered by the chairman of the event, and MET-CERTIFIED Project Manager, Peter Scheijgrond, with an overview of research and development, testing, certification, insurance, and financing, as well as the trends and export markets for the marine energy sector – all of which was due for discussion during the event.R&D and testing updateMarine Energy Event, organized in cooperation with Dutch Energy from Water (EWA) and Dutch Marine Energy Centre (DMEC), continued with an update on research and development, and ongoing open sea testing activities that were presented by Antonio Jarquin Laguna, Researcher Offshore Renewable Energy at Delft University of Technology, and Oliver Wragg, Commercial Director at the European Marine Energy Centre (EMEC).Jarquin Laguna gave the audience an overview of the research and testing activities taking place at TU Delft related to marine renewable energy. He also mentioned some ocean energy courses available to students at the University.“It would be good for ocean energy industry to really identify where the scientific challenges in the problems that they are facing lie. Whether it is a specific aspect of the technology, or the need for development of some innovative solutions – we are very interested to collaborate with the industry,”said Jarquin Laguna.Oliver Wragg talked about open sea testing of marine energy devices at the European Marine Energy Centre (EMEC), access to public funding, as well as FORESEA funding support program for ocean energy developers.When it comes to testing challenges, and where the sector needs to increase the reliability, Wragg said that doing that for the power take-off systems, specifically in tidal turbines, is essential.Wragg emphasized other critical points for the sector that could lead to cost reduction which are, in his opinion, the installation and retrieval methodology for marine energy devices, and the development of subsea connectors for wave and tidal developments as those available are mostly from the oil & gas sectors which are not easy to operate in wave and tidal environments.Wragg said: “Testing at EMEC is not the end-goal – it is a stepping-stone to commercialization. Proving performance is important because it builds confidence and it also helps to attract investments to move forward.”In terms of FORESEA and its broader impacts in the future, Wragg spoke about targeted support plan to attract more technology companies that may apply for the project, and ongoing infrastructure review to look at the different test facilities to see where additional investments are required to facilitate testing activities under the project.Wragg also mentioned the creation of a roadmap for North West Europe that would identify where the region could assist the sector more, as well as an investment plan that would aid various governments in continuing their investments in the sector.Ocean energy certification and risk reductionCertification and risk reduction, and what this precisely means for the marine energy sector, was clarified in a session that hosted Olivier Benyessaad, Offshore Business Development Manager at Bureau Veritas, who talked about standardization and certification, reflecting on the work being done under IEC TC 114 and MET-Certified initiatives.Benyessaad said: “Feedback from the ocean energy industry is very important for developing standards. The idea is to compare the standards that have been developed against testing and verification – so we need to be sure that we didn’t waste time to produce ‘paper for paper’ but that it is also relevant to the industry – and that it assists it to develop and commercialize products.”Benyessaad added that certification is done mainly on voluntary basis, stressing however that it helps in building up investor confidence, and increases chances to access commercial funding.“Standardized way of producing devices builds confidence from investors and insurance companies, and it also applies for the whole supply chain,” said Benyessaad.Alain Padet, AXA Corporate Services spoke about the conditions for insurance of marine energy projects, and the elements for project insurance assessments which include the very important factor of experience in project leadership and site management, as well as the location of the project and the significance of proven and certified equipment.“The cost of project insurance typically amounts to between 1.5 to 2% of total project cost,” said Padet.Financing marine energy projectsThe day proceeded with the views on the most challenging aspects for the development of the marine energy sector – the financing – delivered by tidal and wave energy developers with active projects worldwide.Joost Holleman from Twin Valleys gave a brief overview of what is available for ocean energy developers in terms of European funding options currently, and in near future.Holleman provided an example of Tidal Technology Center Grevelingendam (TTC-GD), the test center located in the southwestern part of the Netherlands, and how it was funded, reflecting on the €4.1 million secured from the Dutch government last year as well as other EU and regional grants.In order to secure funding for their projects, Holleman advised the following to the emerging developers: “The first step is to go to your regional authorities for the European Regional Development Fund (ERDF) and ask for 35% grant for innovation. The other 65% could partially be financed by the company itself, but there are also loans and guarantees regionally available to fund your innovation along the way.”Wave energy project financing was discussed in greater detail by Marcella Askew from the Swedish-based wave energy developer Seabased, which is closing in on its commercial deals by the end of the year, according to Askew.Askew said: “My advice to people starting especially in the R&D focus of this, is the more you math-out along the way to help answer the questions regarding project size, output, cost, longevity and operation and maintenance in the R&D stage, the easier and the shorter your final stages will be.”Eric van den Eijnden from Tidal Bridge, a joint venture of Strukton International and Dutch Expansion Capital (DEC), talked about the floating tidal energy bridge in Indonesia, and the ways it was funded – highlighting the importance of showcase and demonstration projects.He also pointed out that combining tidal energy generation with other infrastructure developments like bridges could decrease the costs associated with the project.Van den Eijnden announced the turbine suppliers for the 23MW project in Indonesia will be Tocardo Tidal Power, Schottel Hydro and Fish Flow Innovations.“We find it more important to get this project done – to have a kind of a reference project which is also large and presents a good basis for more development – than just making a profit,” said van den Eijnden.Ton Fijen, Tidal Lagoon PowerTidal lagoons financing and project development was discussed by Ton Fijen, from Tidal Lagoon Power.Fijen talked about the future energy needs of UK and the necessity for additional power supply sources, and how building tidal lagoons could help provide the country with clean power.He spoke about Tidal Lagoon Power’s so-called pathfinder Swansea Bay tidal lagoon project, and the delays regarding the project’s subsidy agreement with the UK government.Fijen said: “We wouldn’t mind if the UK government at least would come forward and start the discussion with us. Finalizing the Swansea Bay tidal lagoon agreement would open a way to a whole host of projects – not just in the UK, but internationally.”Marine energy is not a niche marketMarine Energy Event panelistsThe day was wrapped-up with an interactive closing panel on the opportunities for the future in marine energy, moderated by Britta Schaffmeister, Director at DMEC. The closing panel featured seven speakers of the event, who agreed that the technology will be developed over time to be part of the mix of technologies that will satisfy the growing global energy needs.Also, one of points made at the panel was that marine energy sector is not a niche market – it is a huge market that will be confirmed by doing projects, especially large ones as it is expected that 10% of all electricity will be produced by marine energy.Some of the key messages delivered by the speakers can be read here.The event was wrapped up with the closing statement by Piet Ackermans, Chairman of the Dutch Energy from Water Association (EWA), who summarized everything said during the day, with the message that the sector is showing great progress year on year basis.Piet Ackermans delivering a closing statementCommenting on the event, one of the attendees, Tony Lewis, Principal Investigator in Centre for Marine and Renewable Energy (MaREI) and Professor Emeritus at the University College Cork (UCC), said: “It’s the first time I’ve been here and it’s good to see what’s going on in the Netherlands. There are certainly some interesting projects underway, including the R&D ones at Delft University exploring the future possibilities going forward.”Peter Scheijgrond said: “I’m very impressed with progress that we’ve been making over the last five years. At this event, we’ve been growing from the small set up from one or two hours of technical sessions to real international event with international speakers and global-scale projects.”This article was originally posted by our sister site Tidal Energy Today.
In a statement on Wednesday, Vilelasaid, “I understand their (police station chiefs’) struggles in locatingBolivar, and should they succeed, they (police chiefs) deserve a reward.” Tablate said PDEA-6 has been locatingBolivar, adding that they received reports of his whereabouts “but theoperations turn out negative.” Colonel Roland Vilela, IPPO director,has pledged the bounty – which will come from his own pocket – for the captureof Ernesto “Erning” Bolivar of Pototan, Iloilo. Bolivar, 41, has become the prime targetof authorities in the region after the death of drug lord Richard Prevendido inSeptember 2017. He fled during a buy-bust at his housein Guinacas village, Pototan in November 2016. Alex Tablate, director of the PhilippineDrug Enforcement Agency (PDEA)-6, said the reward from Vilela was a welcomeeffort. Colonel Roland Vilela, director of the Iloilo Police Provincial Office. IAN PAUL CORDERO/PN “It is good to motivate ourauthorities,” he added. “Although it’s our work, the incentives initiated byVilela can push police officers more.” The PDEA-6 top official appealed to thepublic to communicate with the authorities any information that will lead tothe arrest of the region’s top drug suspect.“The work does not only rely on the operatives. The community also has acritical role, to provide us any information that might help,” Tablate said. “This is my little contribution to endthe problem of illegal drugs in this part of the country,” he added. Bolivar has a pending arrest warrant forviolation of Republic Act 9165, or the Comprehensive Dangerous Drugs Act of2002. ILOILO City – The Iloilo PoliceProvincial Office’s (IPPO) top cop has put up a P100,000 reward to any stationchief in the province who can arrest the No. 1 drug suspect in Western Visayas. Sources also said Bolivar has tapped theservices of “new players” in his drug trafficking operation to avoid detection. He was believed to be a minion of slaindrug lord Prevendido and stepped up drug trafficking activities after his bossdied in a shootout with policemen on Sept. 1, 2017. The provincial government of Iloilo earlierthis year also offered a reward of P500,000 to whoever could give informationleading to the arrest of Bolivar. (With PNA/PN)
ORVC Weekly Report (January 2-7)Players of the Week.Girls Basketball: Lilly Simon – Jac-Cen-Del and Lucy Carrigan – Rising Sun.Boys Basketball: Trystan Wheatley – Southwestern.orvc-report-january-2-7Courtesy of ORVC Recorder Travis Calvert.
SOMERTON, Ariz. – A fourth IMCA division joins the programs each night of Cocopah Speedway’s fourth annual Winter Nationals.IMCA Sunoco Stock Cars, along with IMCA Xtreme Motor Sports Modifieds, Karl Chevrolet Northern SportMods and IMCA Sunoco Hobby Stocks, vie at Friday and Saturday, Feb. 6 and 7 and Feb. 13 and 14 shows. The Somerton speedplant becomes the first track in Arizona to sanction IMCA Stock Cars in 2015. Feb. 6, 7 and 13 Modified features pay $1,000 to win and a minimum of $200 to start while the Valentine’s Day main event pays $3,000 to win and a minimum of $300. All four races are Fast Shafts All-Star Invitational ballot qualifying events. Stock Cars race for $500 to win and a minimum of $100 to start, Northern SportMods for $400 to win and a minimum of $60, and Hobby Stocks for $350 to win and a minimum of $50. IMCA Speedway Motors Weekly Racing National, regional and Allstar Performance State points, but no track points, will be awarded. There is no entry fee or pill draw fee in any division any night and pit passes are $30 each night. Pit gates open at 2 p.m., the grandstand opens at 4 p.m. and racing starts at 7 p.m. General admission is $15 for adults, $13 for seniors and military personnel, $5 for children ages 6-12 and free for six and under. The Winter Nationals bowling tournament is Tuesday, Feb. 10 at Cocopah Wild River. The fanfest party and car show is at the same location beginning at 6 p.m. on Thursday, Feb. 12. More information is available online at www.cocopahspeedway.com or by calling 928 344-1563.
The trio are joined by a fourth London Olympian, welterweight Adam Nolan, in the line-up for the tournament which starts on June 1 in the Belarusian capital. Ireland head coach Billy Walsh said: “We are looking forward to the Championships and we are looking at getting the best out of our performances in Minsk.” Olympic medallists John Joe Nevin, Paddy Barnes and Michael Conlan have been named in a 10-strong Ireland squad for next month’s European Championships in Minsk. Press Association
Baghdadi was a secretive leader, making only one public appearance, in July 2014, when he delivered a sermon in Mosul’s Grand Mosque. During the years when ISIS’ fortune turned, when the group lost control of the cities of Tikrit, Falluja, Ramadi and Mosul in Iraq, and eventually its de facto capital in Syria in autumn 2017, he remained silent. It was only after the fall of ISIS’ last stronghold in eastern Syria did he finally release an audio statement.Baghdadi’s possible elimination is a blow to ISIS. UPDATE: U.S. military sources CONFIRM that the head of ISIS blew himself up with a suicide vest as US forces moved in on him.The head of ISIS, Abu Bakr al-Baghdadi may be dead. President Trump is expected to make an announcement about his feet at 9 AM Sunday.Something very big has just happened!— Donald J. Trump (@realDonaldTrump) October 27, 2019
DEREK MONTGOMERY/Herald photoFor the first time in three games, the Badgers answered their scoring questions Sunday afternoon, but their efforts went unrewarded as they fell in their Big Ten opener to Ohio State, dropping a 2-1 decision in overtime.After being shut out 1-0 in each of its previous two contests, B.J. Goodman tallied a goal for Wisconsin, but for the fourth straight game, the team was defeated by a one-goal margin.”It’s another one of those frustrating games,” UW captain Aaron Hohlbein said. “We’ve had too many of those I think. We need to make things easier on ourselves. It was a tough game, we played well, but still, we’re not winning games.”The Badgers entered the match looking to take advantage of a fatigued Buckeye team enduring a similar spell to the skid that they have encountered. Things were looking up for them when the game went into extra time, but a good job of substitution kept the Buckeyes fresh and helped them prevail.”I thought we played pretty well, yet I still think that we can do better going forward,” head coach Jeff Rohrman said. “We’ve got to score more than one goal. We can’t let a team who’s played five games in 10 days come in and get a win.”After two days of good practice following their loss to Northern Illinois, the team looked more focused Sunday than it was on Wednesday. But while the Badgers created more chances than the Buckeyes, they still had trouble finding the back of the net.After a slow opening 20 minutes, the teams picked up the pace and Goodman gave the Badgers some early momentum with a shifty goal in the 39th minute.Ohio State coughed up the ball to the sophomore midfielder deep in their own territory. Goodman then made a move around another defender before pocketing the unassisted goal low in the far corner for his first tally of the season.”I thought he had a pretty good game for us,” Rohrman said. “He’s been striking the ball pretty well — much better than he has in the past.”Wisconsin rode that momentum into the break, but the Buckeyes tied the game in the 57th minute. OSU forward Kevin Nugent tallied the equalizer off of a low cross through the box from midfielder Ryan Kustos.The Badgers then had their fair share of chances in regulation time.Dirk Pearson got his head on a ball off a free kick, only to see it just miss the goal to the right in the 61st minute.Minutes later, redshirt freshman Victor Diaz was denied point blank by OSU goalie Ray Burse, Jr. and Goodman got his best chance of the second half in the 68th minute, but the ball sailed high over the crossbar.Then, with less than 10 minutes remaining in regulation time, Christopher Ede found himself in close quarters to a goal, but Burse came up with another big save.Ohio State’s senior goalkeeper finished the game with five saves, four of them coming down the stretch in the second half.Meanwhile, UW keeper Jake Settle saw only one shot on goal other than Nugent’s strike after the half.The Buckeyes didn’t waste any time, however, capitalizing on lax Badger defense just 4:51 into the first overtime. Brent Rohrer took advantage of a turnover and two-on-one break, slipping past the defense and firing the ball out of the reach of Settle.Rohrman and the Badgers had called this game a must-win earlier in the week, but again they came up short in heartbreaking fashion.”We’ve had some really tough losses this season,” Rohrman said. “We’ve lost two by own goals and we’ve lost two in overtime. Those are things that can certainly wear at you.”Wisconsin will look to bounce back from the loss on Tuesday afternoon when the team travels to take on in-state rival UW-Milwaukee.