Campaign group targets London pension fund over Dakota pipeline holdings

first_imgLondon’s largest public pension fund is facing renewed calls to divest from fossil fuel-related holdings as it emerged it held companies involved in the Dakota Access Pipeline.The London Pension Fund Authority (LPFA) had holdings in three companies involved in the controversial US development, according to portfolio data from 30 September 2016 circulated by campaign group Divest London. The investments were bonds issued by Energy Transfer Partners, ConocoPhillips, and Marathon Petroleum, worth roughly £393,000 collectively.A spokesperson for the £4.6bn (€5.4bn) pension scheme said the holdings were made through a pooled fund managed by BlackRock. The LPFA made the decision last year to exit the fund and is gradually redeeming its position. The decision was not linked to the pipeline-related holdings, the spokesperson added.As of the end of December 2016 only the holdings in Energy Transfer Partners bonds were still in the portfolio. The pipeline has faced major protests as campaigners have said its construction will affect a Native American reservation. However, US president Donald Trump, within days of taking power, signed an executive order that eases restrictions put in place by his predecessor Barack Obama.IPE earlier this week reported that Nordic banking group Nordea had divested from Energy Transfer Partners, Sunoco Logistics, and Phillips 66 due in part to the companies’ refusal to engage with the financial group over their activities with the pipeline.The LPFA had an investment worth roughly £39,000 in Phillips 66 at the end of September. This position is also held via the BlackRock fund and stands to be redeemed.Suzanne Dhaliwal, co-director of the activist group UK Tar Sands Network, said: “It is essential that London show global leadership and divest now from the Dakota Access Pipeline to set an example that we cannot continue to fund projects that devastate indigenous rights and push us further into climate chaos.“With Trump and [Canadian prime minister Justin] Trudeau hell bent on pushing forward with tar sands expansion and associated pipelines, our collective action lies in stopping capital flowing from London.”In a statement, the LPFA said: “As a pension fund we have a fiduciary duty to make investments where we see the best return for our stakeholders. Our key aim must be to ensure we can continue to pay pensions as they fall due. However, it is also our objective to use our influence as a large institutional investor to encourage responsible long-term behaviour in the companies in which we invest. We feel that engaging with companies on these issues is more productive than divesting.”Sadiq Khan, the mayor of London, pledged to force through divestment policies during his campaign for the mayor role last year. The previous London mayor, Boris Johnson, rejected similar calls in 2015, despite pressure from local lawmakers.The LPFA is now part of the Local Pensions Partnership with the Lancashire County Pension Fund, in line with the UK government’s policy of pooling the assets of public sector pension schemes.last_img read more

Legislative Forum in Brookville next week

first_imgBrookville, IN—A Pre-legislative Forum will be held at Third Place in Brookville on Wednesday, December 11 at 11:30 a.  Senator Jeff Raatz and Representative Randy Lyness will be present to discuss key issues and take questions before they head back to the Statehouse in January.  The event is open to the public and sponsored by Main Street Brookville.last_img

Gazidis ponders life without Wenger

first_img Gazidis told Arsenal Media: “So much of the attention on a football club is around an individual and that’s very understandable at Arsenal because we have a giant who’s managing us. “Arsene has been a fantastic driver and has put the club in a great, great position. The biggest challenge we’re going to face as a club is that, when that transition from Arsene to the next manager of our football club happens – and I don’t know when that’s going to be – that we come through that strongly.” Gazidis, who has been in the post for six years, is optimistic for the future and wants Arsenal to join the world’s elite. “I wouldn’t be doing this job if I didn’t believe we could compete at the very top level,” he added. “I know Arsene feels exactly the same way. “Where we are currently is off the shoulder of the world’s top teams. “I think the best teams in the world are in Europe and you think about the great names in world football like Real Madrid, Barcelona and Bayern Munich – I don’t think we’re at that level yet but that’s where we’re aiming to get to. “It’s one thing to say that and it’s another thing to be able to deliver it.” During Arsenal’s long slump without silverware – the move from Highbury to the Emirates Stadium led to straitened times for the Gunners and saw leading players sold rather than retained – it seemed they might struggle to rediscover former glories, despite reaching the Champions League for 17 successive seasons. Wenger this month celebrated 18 years as manager at Arsenal, who need look no further than Manchester United and life after Sir Alex Ferguson to see how difficult it is to replace such a pivotal figure at a football club. The Frenchman, who is 65 next week, signed a three-year contract extension in May after ending a nine-year trophy drought by winning the FA Cup. Succession planning is on Ivan Gazidis’ mind as the Arsenal chief executive admits replacing Arsene Wenger will be a great test for the Gunners. “It has been incredibly frustrating not being able to be where we want to be these last few years, so winning the FA Cup was a fantastic moment,” Gazidis added. “(But) I don’t come out of that feeling satisfied like we’ve achieved what we need to achieve. The hunger for success is immediate. “The moment you get away from that euphoria of the moment, the next question is, ‘How do we have more of that?’ “That’s what everybody at this club is focused on. There’s no satisfaction in it – it’s what do we do now.” Where Cesc Fabregas and Robin van Persie are among the players to have departed, now Arsenal are signing the likes of Mesut Ozil and Alexis Sanchez and keeping their most talented players in a sign of their ambition. “We’re signing some fantastic young talent and we’re keeping our players now, unlike the situation two or three years ago when we were really financially challenged and were losing our top players,” Gazidis added. “We’re signing our top players to long-term contracts. Guys like Jack Wilshere and Aaron Ramsey.” Press Associationlast_img read more

Allardyce ‘chuffed’ with win

first_img However, with just two minutes left on the clock, Sakho slotted home after what looked like a foul on Seb Larsson by West Ham substitute Nene in the build-up to send the Upton Park faithful into a long-overdue celebration and leave Dutchman Advocaat in no doubt of the hard work ahead to secure Sunderland’s top-flight status. “It is nice to get a win to make everyone’s life a little more comfortable this weekend. We are really chuffed,” said Allardyce. “Even though the game at times was a bit scrappy, we deserved it. “Yes, there was probably a foul (in the build-up), but it is about time something went our way rather than against us. “When things are going for you, they go for you, when they go against you they can be devastating for you. “But on the back of the poor decisions we have had over the past 10 games, it was about time one went in our favour. “This win now puts us in a better frame of mind going into the international break. “We want to get all of our players back fit now, we won’t have Andy Carroll or James Tomkins for the rest of the season, so these other guys will make the squad stronger. “Our run-in suggests we can win some more games, to push on and finish as high as we can.” Vice-chairman Karren Brady made comments in her newspaper column that the team were “underachieving” in recent games, and it was the manager’s “task to identify the reason and rectify it”. Allardyce responded in his post-match television interview to a question about “underperforming”, and then moved to set the record straight when speaking in his main media conference. He said: “It was getting me to say (something) which looked like I was maybe criticising the vice-chairman, which I would never want to do publicly. “The performances are there, but the results have not been over the past 10 or 11 games. “We just have not been able to find the victory we deserved.” Allardyce added: “Even though wins have eluded us, we are on 42 points, which is the same total as last year, and we are heading for probably the best total we have had since we have been back in the Premier League. “Anybody who wants more than that, I don’t know why they can ask for more.” Advocaat, the former Rangers boss parachuted in until the end of the season following the dismissal of Gus Poyet, had named an attacking line-up. However, former Hammer Jermain Defoe wasted the best of the early chances and defender Patrick Van Aanholt saw a second-half goal-bound effort well saved by Adrian. “It is difficult to play against their long balls, but we did really well,” said Advocaat. “If Defoe scores they have to take more risks and we would have got more space. “But I did not expect the goal from West Ham because everything was under control. “The luck was not on our side. Everybody saw it (the foul) and not the referee, but I do not want to complain.” Advocaat added: “But in just three days, you cannot change too much. “Now I have the time to try something. Some players have to improve more tactically when we have the ball, so I will take that to the training ground.” Adam Johnson came off the bench in the closing stages. England international Johnson, 27, has been bailed until April 28 following his arrest on suspicion of sexual activity with a girl under 16 and returned to training this week following a club suspension. “I spoke with him in the week. Life goes on. He did well,” Advocaat said. “He is a very good player. I was happy I could bring him on. That is good to know for the game versus Newcastle.” Sunderland have won four Tyne-Wear derbies in a row, Johnson scoring in three of those including a stoppage-time winner earlier this season. The Irons were in contention for the European places earlier in the season, but have slipped down the Barclays Premier League after suffering three successive defeats and were seven games without victory. Indeed, it appeared set to be another frustrating afternoon for Allardyce, who is out of contract in the summer, after Sunderland produced a solid defensive display and what looked like a penalty when Kevin Nolan was bundled over by Santiago Vergini, only for the officials to incorrectly signal offside. Press Association West Ham manager Sam Allardyce declared himself “chuffed” to have finally brought to an end his side’s winless run with a late goal from Diafra Sakho to inflict defeat on new Sunderland head coach Dick Advocaat. last_img read more

Ellsworth, Sumner, GSA and DI-S girls’ basketball teams fall in prelims

first_img Latest posts by Hugh Bowden (see all) GSA surges in 4th to win Northern Maine title – February 26, 2017 Is this the kind of government we deserve? – July 10, 2017 Latest Posts ELLSWORTH — Ellsworth senior Emily Berry, who had been a rebounding force for the Ellsworth girls’ basketball team through much of the game, left the floor with five fouls just four minutes into the fourth quarter of the Class B prelim game against Gardiner. The eighth-ranked Eagles finished on the short end of a 39-33 score.About 90 seconds later, the ninth-ranked Tigers inched in front on a pair of free throws by senior Morgan Carver. Senior Hailey Langley knotted the score again for the Eagles, which she scored on a strong move to the basket with 5:29 to go.The Tigers reclaimed the lead with 4:45 on the clock when sophomore Lauren Chadwick came up with a steal and raced down the court for the layup, but junior Caitlin Bean evened the score for the last time on a drive to the basket for the Eagles with 2:51 remaining.After that, it was all Gardiner.This is placeholder textThis is placeholder textSenior Megan Perry put the Tigers in front to stay when she scored on an out-of-bounds play from beneath the basket, and added a free throw after the Tigers picked off another Ellsworth dribble and Perry drew a foul on the ensuing shot.The Tigers made four more trips to the foul line in the final 63 seconds, connecting on three of seven shots to clinch the win.Ellsworth got off to a quick start on consecutive baskets by Langley and Berry and led for much of the first period before the Tigers knotted the score at 6-6 on a three-pointer by Carver, then took a 9-6 lead on a free throw by Perry and a steal and layup by Carver, who led all scorers with 20 points, including a trio of three-pointers.The Eagles trailed for most of the second period before putting together six unanswered points on a drive to the hoop by Berry and back-to-back baskets by sophomore Sammy Mason to knot the score at 18-all.The two teams swapped basket for basket through the third period.Neither team got the job done at the foul line. The Tigers connected on nine of 20 attempts and Ellsworth was a dismal four-for-20.Mason had nine points and Berry finished with eight for the Eagles, who finished with a record of 11-8.The 8-11 Tigers earned the right to face off as decided underdogs against the top-seeded and undefeated Mount Desert Island Trojans in quarterfinal action on Saturday at 3:05 p.m. at the Cross Insurance Center in Bangor.In other preliminary games:Mattanawcook 40, GSA 36At Lincoln, No. 8 Mattanawcook overcame a nine-point, second-half deficit to earn a Class C prelim victory over the ninth-seeded George Stevens Academy Eagles on Monday.Kendra Thurlow scored on a back cut with 52 seconds remaining in the game to give the Mattanawcook Lynx the lead 36-34. Morgan Dauk of GSA (9-10) then converted a 10-footer to tie the game 20 seconds later.Thurlow scored again and was fouled. Courtney McIntyre rebounded the missed free throw to provide the winning margin for Mattanawcook (12-7).Dauk led GSA with 20 points.Thurlow posted 15 points and pulled down 13 rebounds for Mattanawcook.Central 47, Sumner 22At Corinth, Bre Skolfield scored 13 points and grabbed eight rebounds to pace No. 7 Central to the win against No. 10 Sumner in Class C prelims on Monday.Sydney Allen netted 12 points while Libby Cook added 10 points and grabbed five rebounds for Central (13-6).For the 9-10 Sumner Tigers, Savana Turner and Taylor Davis each scored six points.Fort Fairfield 46, DI-S 32Meg Jellison led No. 3 Fort Fairfield with 21 points to defeat No. 14 Deer Isle-Stonington at home in a Class D prelim on Monday.Chelsey Pelkey added 11 points for Fort Fairfield (17-2).Morgan Shepard paced DI-S (8-11) with 12 points, and Alison Eaton added seven.center_img Bio Hugh BowdenExecutive EditorHugh writes editorials, covers Hancock County sports and helps out where needed in The American’s editorial department. When he’s not on the sidelines, he enjoys playing jazz and tennis. hbowden@ellsworthamerican.com Like he did in the ’60s, Noel Paul Stookey sings out in troubling times – December 27, 2017last_img read more

Discord Over WAGs Travel A First In Indian Cricket: BCCI

first_imgNew Delhi: With the Board of Control for Cricket in India (BCCI) officials and former Chief Justice R.M. Lodha making their displeasure known after the Committee of Administrators (CoA) asked the coach and captain to decide on travel schedules of WAGs, the next thing you hear is a senior player had flouted the ‘family clause’ during the World Cup. Board officials can’t believe that there is discord over the schedule of WAGs.Speaking to IANS, a senior board official said that if the stories on the rift in the team weren’t bad enough, to now see stories over someone’s family travelling and their schedule shows the current state of affairs in the board and how it needs immediate addressing.”When things are mismanaged and authority and administration give way to fanboy decision-making — a quest for popular opinion and personal favours — the result can be disastrous.”Fighting over travel of WAGs? Such a situation hasn’t arisen in the history of the BCCI where now there appears to be a general state of discord and even the families of players are seen as fair game for criticism via different agents as has been reported.”Bizarre reports are emerging about interference from certain family members of players which hasn’t gone down well with other players, about someone’s family spending more time than was permitted etc. In this background, it has also emerged that despite the conflict of interest rules in place, decisions on travel of families will now depend on the captain and coach themselves and everyone has heard Justice Lodha’s views on this now.” IANSAlso Read: Lodha & BCCI Stunned as CoA asks Kohli-Shastri to Decide on WAGs Travellast_img read more

Cameron, Nanthan only nominees

first_imgST JOHN’S, Antigua – Current President and Vice President of the West Indies Cricket Board (WICB), Dave Cameron and Emmanuel Nanthan will be the only candidates for the election, due on Saturday, March 4.The Corporate Secretary Verlyn Faustin, confirmed that Cameron and Nanthan were the only two nominees received for the posts of president and vice-president respectively.Both Cameron and Nanthan have already served two-year terms in the respective positions. The posts will be ratified at the Annual General Meeting (AGM) also due on the same day. The elections and AGM are scheduled for Antigua.The President’s Report and the Audit Risk and Compliance Report (ARCC) will be received at the one-day meeting. The ARCC Report will be an update on the risk and compliance environment of the WICB.The full meeting will consist of territorial board stakeholders and special members. The Directors of the Board have been invited to attend the AGM. The special members are the West Indies Umpires Association, West Indies Players Association, CARICOM, Association of Colleges and Tertiary Institutions, Association of Caribbean Media Workers and the Caribbean Association of Industry and Commerce.The meeting will be streamed live on www.windiescricket.com and is scheduled for a 09:00hrs start.The meeting falls on the day between the first two one-day-internationals (ODI) between the West Indies and England, March 3 & 5 in Antigua. The third ODI is scheduled for Barbados March 9.last_img read more

Teens who vape at school know its ‘not allowed in our building’

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisALPENA, Mich. – E–cigarettes are the latest fad among teens, but the government is calling it a national epidemic. Alpena High School administrators say they’ve noticed an uptick in students vaping on campus, so they’re doing something about the crisis here at home.One in 5 high school kids currently use e–cigarettes. Right in Alpena, Principal Berriman sees the effects of that in the high school. “Last year we saw a lot of the large devices, now we’re seeing the smaller credit card sized and USB sized vapes that we’re seeing now,” he said.Most kids have no idea what they’re blowing. The CDC says nicotine can harm parts of the brain that control learning, focus level, and mood.“The problem with e–cigarettes in children is that it leads them toward cigarette smoking,” said respiratory doctor Daniel Maxwell of MidMichigan Health.  He said there are cancer causing agents in e-cigarette devices and “that’s bad enough.”Whenever the school confiscates an e–cigarette, vape or pod, it goes right into the school’s vault room and inside of a designated shoe box. Students have been caught smoking inside school buses, classrooms and bathrooms.“Going into this year, we started educating our staff on what to look for, what it is,” said Berriman. The kids know the school’s policy on tobacco products. “They’re not allowed in our building.”WBKB reached out to the smoke and vape shops in town but they declined to be interviewed.There’s not enough data on what’s going to happen decades from now, but it’s safe to say, “it’s not going to be as good as breathing fresh clean air,” said Maxwell.The school is slated to hold a parent meeting come late winter to discuss a lot of the things impacting students — not just e–cigarettes. AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious Lecture on Christmas Tree Ship comes to Thunder Bay National Marine SanctuaryNext Driver sped down the street and crashed into a treelast_img read more

Appiah faces biggest test yet in Flames

first_imgOn Saturday, Black Stars coach Akwasi Appiah faces his toughest test yet in a final Nations Cup qualifier against the Flames of Malawi in Lilongwe.There is more to that game than just the points at stake. There is a job to consolidate, a point to prove and a thirsty football nation to satisfy.The only time in our recent past Ghana failed to make the roll call in Africa was in 2004. Since then, we have made the cut and we did it with foreign coaches.Since 2002, it is the first time a local coach is handling the Black Stars through qualification to a major tournament.Whilst many have hailed the appointment of the ex-Black Stars skipper, there are other critics who for many reasons- some legitimate, others purely sentimental- still believe it was a wrong choice made by the FA.For those critics, Appiah is still under probation and are waiting patiently to either rally in jollity with the crowd, with the Stars and Appiah if they qualify or heave a long venomous-I-told-you-so-sigh if the Stars fail. And even though the Stars have a two goal advantage going into this game, the possibility of being eliminated still remains palpably high given the performance put out by the Flames in Ghana.Three days after winning that game the Stars posted a 0-2 defeat to Liberia in an international friendly and which provided a reality check for a nation somberly swimming in complacency. Ignore allegations of bad officiating. It could be worse in Saturday’s game.Back to the first leg against Malawi in Accra, the Stars won that game but were hugely exposed especially in the first half. And whilst I am in no position to question the tactical formation of the coach, I sincerely felt playing three ‘playmakers’ in midfield, all left footed- Dede Ayew, Kwodwo Asamoah and Christian Atsu was a bit audacious.For most parts I saw a duplication of roles by the three players, and mind you these are not the usual abrasive, aggressive midfielders who will go into all the tackles and win all the 50-50 balls. They love holding onto to ball but do very little winning it back when they lose it. They left Anthony Annan alone to cover up a defensive pair of Isaac Vorsah and John Boye who are yet to understand each other well in central defenceThat was too much to ask of the hardworking diminutive player whose lack of concentration early in the first half could have been disastrous but for the superb work by Adam Kwarasey. I raise this issue because Ghana is going into Saturday’s game without Derek Boateng and Agyemang Badu both of who can be relied upon to partner Annan and provide a solid midfield for the Stars.Appiah knows best why he dropped Boateng from the squad. And he knows best what this game means to his career, to Ghanaians and to local coaches.I am quite fascinated about the return of John Paintsil and i couldn’t agree more with Appiah’s decision to rely on experience at the right full back position following a poor outing by Daniel Opare in the same position few weeks ago. I hope Paintsil will not betray the confidence reposed in him.The Stars must be hungry for success more than ever before because this game will be the true test of Appiah’s coaching credentials.I backed him back then and I still will. Go Black Stars! Go!last_img read more

Basketball Hall of Fame: Five reported as 2019 class members

first_imgTogether, the five earned 16 All-Star berths and 10 All-NBA selections.DEVENEY: Steve Kerr still learning how to coach these WarriorsJones was best known for his defensive ability; he was selected to an All-Defensive team (ABA and NBA) 11 times in his 12 pro seasons. He was a member of the 76ers’ championship squad in 1983.Moncrief was a five-time All-Defensive player himself, but he was much more well-rounded; he averaged 20 or more points four times with the Bucks.Westphal’s best seasons came with the Suns after they acquired him in a trade with the Celtics in 1975. He averaged 22.5 points and 5.6 assists in his first five seasons in Phoenix. He returned in 1983 for what became his final NBA season as a player. Westphal took Phoenix to the NBA Finals in his first season as a coach, 1992-93. The Suns lost in six games to the Bulls. The newest members of the Naismith Memorial Basketball Hall of Fame will be announced Saturday, but names of the enshrinees were leaked late Friday.According to ESPN’s Adrian Wojnarowski and Marc J. Spears, these five men are in the Class of 2019: Al Attles, Vlade Divac, Bobby Jones, Sidney Moncrief and Paul Westphal. Attles, who coached the Golden State Warriors to their first NBA championship, was elected as a contributor; Divac received his honor from the Hall’s International Committee.  Divac was one of the first European players to have success in the NBA. The big man from Serbia played 16 seasons with the Lakers, Hornets and Kings from 1990 to 2005. He also was on the other side of the trade that sent Kobe Bryant to the Lakers in 1996. Divac is now the Kings’ general manager.Attles joined the Warriors franchise in 1960 when it was still based in Philadelphia. Four years after his final game as a player, he led Golden State to the 1975 title. It took the franchise 40 years to win another one. The Warriors have since added back-to-back titles in 2017 and 2018 and are expected to win another one this year.The Naismith Memorial Basketball Hall of Fame’s 2019 induction ceremony will be held Sept. 6 in Springfield, Mass.last_img read more