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Category: Economy

  • MIL-OSI USA: Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility

    Source: US State of North Carolina

    Headline: Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility

    Global Maker of Mucinex Consumer Health Medicines Selects Wilson County for Major Production Facility
    mseets

    Reckitt*, a global leader in health, hygiene and nutrition, will establish a major production plant in Wilson County to produce the over-the-counter medicine Mucinex, creating 289 jobs, Governor Roy Cooper announced today. The company will invest $145.59 million in Wilson.

    “North Carolina continues to attract the world’s most well-known life science companies that are working to keep people healthy,” said Governor Cooper. “Communities like Wilson and all across our state provide skilled biotech workers through our training systems that are important to companies like Reckitt.”

    For more than 200 years, Reckitt has been the company behind some of the world’s most recognizable and trusted consumer brands, including Airborne®, Biofreeze®, Finish®, Lysol®, Mucinex®, and more. These brands have been used by consumers for generations and are familiar staples in households around the world. Every day, around 30 million Reckitt products are purchased globally. The company’s new Wilson project will allow the company to expand its production capacity and localize Mucinex production. In addition to management and administrative functions, the Wilson facility is expected to include quality assurance and quality control, engineering, and general manufacturing roles.

    “With its prominence as a life science innovation hub, North Carolina is an ideal place for Reckitt to establish its U.S. regional manufacturing center,” said Kris Licht, CEO of Reckitt. “This strategic, onshoring investment will build resiliency and agility in our supply chain and further drives our mission to create a healthier world by increasing access to important medicines.”

    “As a native of eastern North Carolina and a former life science executive, it’s been so exciting to see the growth of this industry in Wilson and North Carolina’s BioPharma Crescent region,” said Commerce Secretary Machelle Baker Sanders. “Mucinex is a trusted household brand and I’m proud to welcome Reckitt to North Carolina as the company expands its capabilities in the United States.”

    The North Carolina Department of Commerce led the state’s support for the company during its site evaluation and decision-making process.

    Although wages will vary depending on the position, the average salary for the new positions will be $80,182, which is higher than the current average wage in Wilson County of $52,619. The new positions will bring an annual payroll impact to the community of more than $23 million per year.

    Reckitt’s project in North Carolina, formally being granted to company subsidiary RB Health Manufacturing (US) LLC, will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $1.9 billion. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $4,606,000, spread over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets.

    The project’s projected return on investment of public dollars is 317 per cent, meaning for every dollar of potential cost, the state receives $4.17 in state revenue. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company.

    “Wilson is a vital center for North Carolina’s renowned biotech and life science industry, and we’re proud that Reckitt has chosen Wilson and the BioPharma Crescent for their new facility,” said N.C. Senator Buck Newton. “Our workforce and investment in the Biologics Training Facility make Wilson the perfect location for these high-tech companies and their high salary jobs.”

    “With today’s decision, economic development leaders at the local, regional, and state level show once again how persistence and collaboration among many organizations can bring great companies to our region,” said N.C. Representative Ken Fontenot. “We look forward to helping Reckitt put down roots and grow in North Carolina.”

    Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Biotechnology Center, N.C. Commerce’s Division of Workforce Solutions, the City of Wilson, Wilson County, and the Wilson Economic Development Council.

    *Reckitt is the trade name of the Reckitt Benckiser group of companies.

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    Sep 24, 2024

    MIL OSI USA News –

  • MIL-OSI: The Miller Group Awards Rudy R. Miller Business – Finance Scholarship to Two Arizona State University Seniors

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., Sept. 24, 2024 (GLOBE NEWSWIRE) — The Miller Group (TMG) announced it has awarded its 2024 Rudy R. Miller Business – Finance Scholarship (RRM Scholarship) to Arizona State University (ASU), W. P. Carey School of Business students Maxwell Fields and Ilya Illiashenko. Mr. Fields is pursuing a Bachelor of Science degree in Finance, a minor in Economics, and a Certificate in Applied Business Data Analytics. Mr. Illiashenko is pursuing Bachelor of Science degrees in Finance and Supply Chain Management.

    Mr. Fields has strong leadership skills and a passion for investment management. He co-founded and serves as vice president of the Financial Literacy and Market Economics Club at ASU. He is vice president of Sigma Nu, a leadership-focused non-profit fraternity and through multiple internships in the investment and financial industry, he gained valuable hands-on knowledge and he plans to enter the investment management sector upon graduation.

    Mr. Illiashenko serves as an associate for the Symposium Planning Committee for Scholars of Finance at ASU. His internships have included finance, investment, and real estate finance. At Teach for America, he led an SAT bootcamp for high school juniors from an underserved community achieving a 50% improvement in student engagement and a 30% increase in academic performance through data-driven strategies. Witnessing his mother’s lifelong dedication to reforming Ukraine’s healthcare system instilled a desire to address societal challenges and uplift communities. Mr. Illiashenko’s ultimate goal is to contribute to his home country of Ukraine’s development, fostering integrity, transparency, and a robust financial and healthcare landscape. He strives to bridge the gap between academic pursuits and real-world impact in Ukraine.

    Mr. Miller, Chairman, President and Chief Executive Officer of TMG and affiliated entities, stated, “Our firm had a difficult time selecting one scholarship recipient this year due to the exceptional quality of applicants. We decided to select two superb students as co-recipients for our 2024 award. These two applicants stood out to me not only for their academic achievements, but also for their efforts outside of the university. We are honored to assist both recipients financially and with future individual mentoring and guidance by me.”

    “Ilya Illiashenko and Maxwell Fields are excellent candidates for the Rudy R. Miller Business – Finance Scholarship. In addition to their outstanding academic records, both candidates are notable leaders in a number of campus and community-based initiatives. I want to thank Rudy Miller for his continued recognition and financial support of academically accomplished student leaders like Maxwell and Ilya” remarked Laura Lindsey, Department of Finance Chair and the Cutler Family Endowed Professor, W. P. Carey School of Business, Arizona State University.

    About Rudy R. Miller

    Mr. Rudy R. Miller, a former member of the U.S. Armed Forces, is an entrepreneur, philanthropist, and investor in numerous industries. Mr. Miller is Chairman, President, and CEO of Miller Capital Corporation, an affiliate of The Miller Group of entities; for more information, including Mr. Miller’s biography, visit www.themillergroup.net.

    Mr. Miller instituted the annual Rudy R. Miller Business – Finance Scholarship Program in 2008 to support Arizona State University, W. P. Carey School of Business. Since inception, Mr. Miller has issued three additional ASU scholarships, not included in the annual award process, totaling 23 ASU scholarships to date. Mr. Miller had the honor to serve as a member of ASU’s Dean’s Council of 100, a national group of prominent business executives invited by the Dean to play a leadership role in shaping the future of the W. P. Carey School of Business.

    In 2023, Mr. Miller was selected by Embry-Riddle Aeronautical University to join two influential advisory boards for both the College of Aviation and the College of Business, Security and Intelligence. In addition to joining the advisory boards at Embry-Riddle, he established scholarships for students at both colleges and set up a fund to support simulator training to improve commercial pilot safety, the Rudy R. Miller Instrument Safety Currency Program (ISCP).

    His philanthropic endeavors include support for the non-profit arts community, selective universities, athletic foundations, and veterans’ projects. He is a member-sponsor of the Army Historical Foundation and the National Museum of the U.S. Army located at Fort Belvoir, VA. He served as Chairman of the Advisory Board of Thunderbird Field II Veterans Memorial, Inc. (Tbird2), an organization that honors veterans, from 2018 until March 2024. Mr. Miller developed its aviation scholarship program and process in 2018 and served as the first Chairman of the Scholarship Committee until June 2023. Tbird2 offers scholarships at six colleges, for both veteran and non-veteran students, including two 4-year universities, Embry-Riddle Aeronautical University and Arizona State University, Ira A. Fulton Schools of Engineering.

    About The Miller Group

    MILLER, established in 1972 and headquartered in Scottsdale, Arizona, is comprised of several affiliated companies including Miller Capital Corporation, Miller Investments, Inc., and Miller Management Corporation. The Miller Group offers a broad range of services including venture capital and private equity investing, debt financing, financial advisory, and management consulting to public and private middle-market companies throughout North America, Europe, and Asia. A select group of current and past clients include: America West Airlines®, Bowlin Travel Centers, Inc.®, Capital Title Group, Inc., DELSTAR Companies, Inc., Legal Broadcast Network, LLC, Magma®, McMurry, Inc., Ritz Carlton Magazine®, Sequence Media Group, ServRx, Inc., Sunshine Minting, Inc.®, Telgian Holdings, Inc.®, and US Air Express.

    Official photographer for The Miller Group and its affiliated entities – Gordon Murray, 480 205-9691 (www.flashpv.com)

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/13c9e3e2-5ff6-45f6-8737-2e053c545299

    The MIL Network –

  • MIL-OSI: Sheikh Al Maktoum NEO Technologies Explores Investment Opportunities with Panama

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Sept. 24, 2024 (GLOBE NEWSWIRE) — Sheikh Al Maktoum NEO Technologies hosted a pivotal meeting at its Dubai offices with key officials from the Republic of Panama, signaling a potential new chapter of economic cooperation and investment between the innovative technology firm and the Latin American country.

    The discussions focused on unlocking strategic partnerships that could drive substantial mutual benefits in the sectors of finance, technology, and trade.

    In attendance were H.E. Eduardo Arango, Vice Minister of Domestic Trade of the Republic of Panama, Mr. Mickael Mosse, CEO and Founder of Sheikh Al Maktoum NEO Technologies, and Dr. Munir Ahmad, CEO of the Royal Office of H.H. Sheikh Abdul Hakim Al Maktoum. These influential figures engaged in comprehensive talks aimed at fostering investment ties, particularly in fintech and emerging technologies, where Sheikh Al Maktoum NEO Technologies has established itself as a leading force.

    “We see immense potential in collaborating with Panama, a country that serves as a gateway to the Latin American market,” said Mr. Mickael Mosse. “At Sheikh Al Maktoum NEO Technologies, we are continuously seeking strategic investment opportunities that align with our vision of driving innovation and expanding our global footprint. Panama presents a unique opportunity for us to bring our expertise in blockchain, AI, and digital banking to new markets, enhancing the technological landscape and facilitating stronger economic growth for both parties.”

    H.E. Eduardo Arango echoed this sentiment, emphasizing the mutual benefits of such cooperation. He said: “Panama is eager to explore partnerships that will enhance our financial and technological sectors. Sheikh Al Maktoum NEO Technologies has a proven track record in these fields, and we are excited about the possibilities that this collaboration could bring. This meeting is the first step in creating a framework for long-term investment and economic cooperation between our two entities.”

    One of the core aspects of the discussions revolved around the role of fintech in reshaping international trade and investment flows. Sheikh Al Maktoum NEO Technologies, renowned for its cutting-edge innovations in these areas, is poised to offer Panama access to technological solutions that could streamline trade, improve financial inclusion, and drive economic growth. Both parties explored joint ventures and investment vehicles that could fuel innovation, particularly in sectors like digital banking, cross-border payment systems, and sustainable technology infrastructure.

    Dr. Munir Ahmad underscored the importance of building sustainable and forward-looking investment partnerships. He said: “The exchange of ideas and expertise between Sheikh Al Maktoum NEO Technologies and Panama is key to realizing impactful growth. We are not just looking at immediate gains, but how we can co-create long-term value through collaborative projects that will benefit the economies and technological advancements in both regions.”

    The meeting on 23 September 2024 sets the stage for a future of heightened cooperation, with Sheikh Al Maktoum NEO Technologies eyeing Panama as a strategic partner in its broader global expansion strategy. By leveraging Panama’s unique position in Latin America and Sheikh Al Maktoum NEO Technologies’ leadership in fintech, the two sides are laying the foundation for significant investments that could transform the way trade and finance are conducted across borders.

    As discussions progress, the company remains committed to advancing international partnerships that not only bolster its position as a leader in technology but also contribute to economic progress and innovation in the markets it enters.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1397f13f-7b23-479d-b3e3-8de07006080f

    The MIL Network –

  • MIL-OSI Economics: OEUK news OEUK: GB Energy must build on Aberdeen’s industrial strengths 24 September 2024

    Source: Offshore Energy UK

    Headline: OEUK news

    OEUK: GB Energy must build on Aberdeen’s industrial strengths

    24 September 2024

    Offshore Energies UK, the leading trade body welcomes the announcement that GB Energy will be located in Aberdeen. The city has been Europe’s energy capital for the last fifty years and with the right energy policies in place to back firms and their workers, it can continue to spearhead the UK’s homegrown energy transition. 

    OEUK says listening to industry’s experts and building partnerships will be key to determining GB Energy’s success. The UK’s transition to cleaner energy is not only the biggest engineering project the UK has seen since the Second World War. It is also the biggest financial undertaking.

    The government’s Office for Budgetary Responsibility (OBR) says net zero will cost the UK £1.4 trillion, and that the lion’s share must come from business.  

    The new government now needs partnerships with industry to put plans into action, unlock investment and kickstart economic growth.  

    While welcoming the announcement, OEUK reinforced its continued concerns over plans by the UK government to increase and extend the Energy Profits Levy.

    OEUK and its members work closely with policymakers of all parties to champion the UK’s energy security and low carbon future.

    David Whitehouse, CEO Offshore Energies UK comments: 

    “Aberdeen is an energy powerhouse and home to brilliant British engineering. It must and should be part of the UK’s energy future. The people of this city are rightly proud of their energy heritage and it’s imperative GB Energy helps to safeguard their jobs and build on their world class expertise to benefit the whole UK.  

    “Where GB Energy is located is important but what really matters is what is does. Success will be built on partnerships with industry unlocking the private sector investment needed to achieve the homegrown energy transition and economic growth we all want. This means listening to expert people across our sector, backing our supply chains and safeguarding the jobs of thousands of skilled workers across the UK.  

    “But I remain concerned the new government’s tax changes will have profound consequences for this sector and its people. The new government committed to safeguarding jobs in its manifesto and must listen to those working in the sector. Today’s announcement is welcomed, but it will do little to alleviate the very real concerns of the impact the government’s tax proposals will have on thousands of jobs and billions of pounds in future economic value.

    “I am asking the government to choose a homegrown energy transition that makes the most of our people and businesses. The alternative is importing ever more energy, skills and infrastructure and subtracting value from our economy.” 

    Ends.

    OEUK is campaigning for a homegrown energy transition that makes the most of the UK’s people and industrial strengths to be a secure, sustainable and skilled future. Download a copy of OEUK’s industry manifesto here.

    Share this article

    MIL OSI Economics –

  • MIL-OSI China: Foreign Minister Lin meets with SPD delegation from German Bundestag Foreign Affairs Committee

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    Foreign Minister Lin meets with SPD delegation from German Bundestag Foreign Affairs Committee

    • Date：2024-09-17
    • Data Source：Department of European Affairs

    September 17, 2024  

    No. 307  

    Minister of Foreign Affairs Lin Chia-lung met with a Social Democratic Party (SPD) delegation from the German Bundestag Committee on Foreign Affairs on September 16. The delegation included Mr. Michael Müller and Mr. Andreas Larem. The two sides exchanged views on joint efforts by democratic partners to counter authoritarian expansion, Germany’s China and Indo-Pacific strategies, the recent transit of German naval vessels through the Taiwan Strait, the European Union’s de-risking policy, and other issues. 

     

    Minister Lin stated that with China and other authoritarian countries persistently challenging the rules-based international order, democratic partners should work in solidarity to enhance economic and social resilience. He reiterated Taiwan’s willingness to share with European partners its experience in countering China’s hybrid warfare, information warfare, and economic coercion. Minister Lin also affirmed the recent transit of German vessels through the Taiwan Strait so as to safeguard freedom of navigation, adding that he was pleased that Germany and the EU were implementing de-risking policies. Noting that an investment project in Dresden by Taiwan Semiconductor Manufacturing Company had set a new milestone in bilateral cooperation, Minister Lin expressed the hope that Taiwan and Germany would steadily bolster economic and trade cooperation and jointly strengthen economic resilience.

     

    Mr. Müller and Mr. Larem strongly concurred on the importance of democratic partners standing in unity against authoritarian expansion. Calling for enhanced cooperation among democracies in such domains as the economy, technology, and culture, they said they looked forward to deeper substantive collaboration between Taiwan and Germany.

     

    Deputy Minister of Foreign Affairs François Chihchung Wu also hosted a luncheon for the delegation on the same day. During the luncheon, Deputy Minister Wu pointed out that China’s authoritarian expansionist ambitions were not purely a cross-strait issue but rather represented a grave challenge to the international order. He said that Taiwan sincerely hoped to work with like-minded European partners to contribute to peace and stability in the Indo-Pacific.

     

    This was the first visit to Taiwan by all delegation members. The Ministry of Foreign Affairs looks forward to Taiwan and Germany building on their strong existing foundations to further deepen bilateral ties and jointly advance global peace, stability, and prosperity. (E)

    MIL OSI China News –

  • MIL-OSI USA: ICYMI—Hagerty Joins America’s Newsroom on Fox News to Discuss Biden UNGA Speech, Kamala Harris’s Debate Lie on U.S. Troops in Combat Zones, Iran Funding Terror in Middle East

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty
    WASHINGTON – United States Senator Bill Hagerty (R-TN), a member of the Senate Foreign Relations Committee and former U.S. Ambassador to Japan, today joined America’s Newsroom on Fox News to discuss President Joe Biden’s speech at the United Nations General Assembly (UNGA), the U.S. sending more troops to the Middle East despite Kamala Harris’s false, unchecked claim at the presidential debate, and Iran’s continual funding and support of terrorist organizations throughout the Middle East.

    *Click the photo above or here to watch*
    Partial Transcript
    Hagerty on President Biden’s United Nations General Assembly (UNGA) speech: “The Biden-Harris Administration has been a complete disaster from a national security standpoint, and there is no part of the world that is safer than when Joe Biden and Kamala Harris came into office. President Trump delivered relative peace around the world. What happens? This Administration comes in and creates an enormous national security disaster at our southern border. Now, 10 million people – we have no idea who they are – more than 10 million have come into our country. If you think about what happened in the Middle East, the immediate appeasement approach that they took to Iran, they basically stopped enforcing all of the sanctions that President Trump had imposed with the ‘Maximum [Pressure] Campaign.’ Iran was immediately enriched, and we saw by May of 2021, after Biden and Harris had come into office, the 11-day war from Gaza into Israel. There’s been nothing but unrest from the Middle East. If you think about what happened with Ukraine and Russia, that would’ve only been precipitated after the massive failure of Joe Biden handing over Afghanistan to the Taliban, causing 13 American service members to lose their lives, leaving thousands of Americans behind, leaving billions of dollars of equipment behind to arm the Taliban and whomever else. The Far East: Everything has become far less safe. If you think about the incursions of the PLA [People’s Liberation Army] in the Taiwan Strait, [and] North Korea back at it again. The entire world is on fire, and you can thank the man that’s going to be speaking at the U.N. General Assembly today for that.” 
    Hagerty on Kamala Harris’s ‘no U.S. troops in combat’ lie at the presidential debate: “It’s not true. It wasn’t true then, it’s certainly not true now. That debate was a complete disgrace – three on one – and something that they [should] just step back and say the very basic question: …Is the United States better off today than it was when President Trump was in office? The answer both from a world stage perspective as well as here in the United States is no. President Trump had us in a far better place both globally and certainly here in the United States of America.”
    Hagerty on Iran’s funding of terror despite the Iranian President’s comments on ‘wanting peace’: “It’s the two-faced approach of Iran, and the Biden-Harris Administration is either too naive or they just bought into this situation. Iran is the greatest state sponsor of terror. President Trump had brought Iran to its knees. Iran was broke under the Trump Administration. I worked hard myself when I served in the Trump Administration to impose sanctions on Iran, [and] to get our partners and allies to stop buying Iranian crude [oil]. We brought them to their knees financially. They were unable to fund Hamas, Hezbollah, [and] the Houthis. If you think about what we’re able to achieve: We were able to move our embassy from Tel Aviv to Jerusalem. We were able to acknowledge Israel’s sovereignty over the Golan Heights. People said that could never be done without war. We took out [Qassem] Soleimani and [Abu Bakr] al-Baghdadi. We even entered the Abraham Accords. All of this was possible because President Trump had the wisdom and the foresight to impose maximum pressure on the Iranian regime that clearly is seeking to obtain a nuclear weapon, that clearly funds all of this terror. And the Biden Administration, the Harris Administration, steps right back in immediately and starts to fund them. Now they’ve got well over a hundred billion dollars of funds thanks to what this Administration has allowed them to do, and they’re using those funds to instill terror throughout the Middle East and perhaps around the world.”

    MIL OSI USA News –

  • MIL-OSI Canada: Economic growth during uncertain times

    Source: Bank of Canada

    Good afternoon. I want to thank the Institute of International Finance and the Canadian Bankers Association for inviting me to take part in your 2024 Forum.

    Your focus on growth during uncertainty is timely. Uncertainty feels like the new reality: The uncertainty caused by war in Europe and in the Middle East. The uncertainties arising from geopolitical tensions and economic fragmentation. And the related uncertainties about supply chains, trading relationships and global investment risks.

    Rapid advances in new technologies, particularly artificial intelligence (AI) and its new offspring, Generative-AI, are disrupting business models and creating new uncertainties for firms and workers.

    Uncertainty surrounds the impacts of climate change and the policy frameworks to adapt to and mitigate it.

    There is political uncertainty. And fiscal uncertainty.

    As your theme implies, uncertainty and economic growth do not sit well together: uncertainty impedes growth.

    But with inspired policy, good business decisions and sound risk management, we can manage uncertainty and reduce its impact on households, businesses and growth. We have recent historical evidence.

    Sixteen years ago this month, Lehman Brothers failed, and the financial system froze because nobody knew which banks were safe. Today, the global financial system is much safer thanks to the implementation of sweeping global reforms to increase capital and liquidity buffers, and reduce leverage.

    With the rapid development of new vaccines and with exceptional fiscal and monetary policies, uncertainty about our health and the health of our economies has decreased dramatically since the depths of the COVID-19 pandemic.

    Thanks to decisive monetary policy action and the unblocking of supply chains, uncertainty about costs and inflation are much lower today than two years ago, when inflation peaked above 8% in Canada and was even higher in many other countries.

    In the past few weeks, I have given speeches on the shifting global trade landscape and the economic implications and risks of rapid advances in artificial intelligence. These are two key areas where we can reduce uncertainty through good policy and far-sighted business leadership.

    At the same time, we need to recognize that new uncertainties are a new reality, and we must be ready for the inevitable shocks in a more turbulent world. That puts a priority on risk management and investments in resilience.

    A key function of financial institutions is to help households and businesses manage the risks they face. Financial institutions also have a responsibility to manage their own risks prudently so that they do not themselves become a source of uncertainty and instability.

    As Canada’s central bank, we have a role to play in mitigating and managing risks and uncertainty. Our primary mandate is price stability—in other words, low, stable and predictable inflation. We also have mandates to foster a stable financial system and ensure safe and efficient payments.

    Let me say a few words on financial stability and payments. And then I’ll finish with some thoughts on monetary policy.

    Our financial stability focus is on risks that could lead to system-wide stress. And we publish these findings in our annual Financial Stability Report (FSR).

    In our most recent FSR, published in May, we reported that Canadian mortgage holders had experienced a modest increase in levels of financial stress. Since then, we’ve observed that arrears on mortgages have continued to rise, although they remain below pre-pandemic levels. It also appears that these households have not leaned on revolving credit products such as lines of credit and credit cards to a greater degree than before the pandemic.

    But there is a notable increase in financial stress among borrowers without a mortgage, mainly renters. During the pandemic, for most credit products, the share of these borrowers missing payments reached historical lows. However, we’re now seeing a larger share of these borrowers lagging behind on credit card and auto loan payments. Over the past year the share of borrowers without a mortgage who carry a credit card balance of at least 90% of their credit limit has continued to climb. And this share is now above typical historical levels. This is concerning.

    Our responsibilities related to payments require us to adapt to increasing digitalization. Innovation in payments continues to accelerate.

    In 2021, the Bank assumed a new mandate for the supervision of retail payment service providers. Starting November 1st of this year, more than 3,000 service providers will need to register with the Bank and follow new rules aimed at safeguarding consumers and protecting the integrity of retail payments.  

    We are also looking at the bigger picture of payment innovation, both in Canada and around the world. As part of this work, in the past few years we’ve built an extensive body of knowledge about the framework and technology behind a possible central bank digital currency (CBDC), including the benefits and risks.

    But recognizing that there is not currently a compelling case to move forward with a CBDC in Canada, the Bank is scaling down its work on a retail central bank digital currency and shifting its focus to broader payments system research and policy development. The Bank will continue to monitor global retail CBDC developments. And the Bank will be ready to ensure Canadians always have a safe and secure supply of public money.

    Now, let me circle back to monetary policy.

    In June, we began lowering our policy interest rate. We cut the policy rate at our last three decisions, for a cumulative decline of 75 basis points to 4.25%.

    Our most recent decision on September 4th reflected two main considerations.

    First, we noted that headline and core inflation had continued to ease as expected. Second, we said that as inflation gets closer to target, we want to see economic growth pick up to absorb the slack in the economy.

    Since then, we’ve been pleased to see inflation come all the way back to the 2% target. It has been a long journey. Now we want to keep inflation close to the centre of the 1%–3% inflation-control band. We need to stick the landing.

    What does this mean for interest rates? With the continued progress we’ve seen on inflation, it is reasonable to expect further cuts in our policy rate. The timing and pace will be determined by incoming data and our assessment of what those data mean for future inflation.

    As always, we try to be as clear as we can about what we are watching as we chart the course for monetary policy.

    Economic growth picked up in the first half of this year, and we want to see it strengthen further so that inflation stays close to the 2% target. Some recent indicators suggest growth may not be as strong as we expected. We will be closely watching consumer spending, as well as business hiring and investment.

    We will also be looking for continued easing in core inflation, which is still a little above 2%. Shelter cost inflation remains elevated but has started to come down, and we are looking for it to moderate further.

    Our next decision is October 23rd. And we will have a revised economic outlook at that time.

    With those introductory thoughts, let’s get the discussion started.

    I would like to thank Russell Barnett, Claudia Godbout and Brian Peterson for their help in preparing these remarks.

    MIL OSI Canada News –

  • MIL-OSI USA: Sherrill Applauds $2 Million Federal Grant Awarded to New Jersey Manufacturing Extension Program

    Source: United States House of Representatives – Congresswoman Mikie Sherrill (NJ-11)

    LIVINGSTON, NJ – Representative Mikie Sherrill (NJ-11) applauded the $2 million in federal grant funding being awarded to New Jersey’s Manufacturing Extension Program (NJMEP) to strengthen New Jersey’s defense supply chains, expand green energy innovation, bolster manufacturing, and bring good-paying jobs to the Garden State.

    “For generations, New Jersey has been at the forefront of our manufacturing and innovation economy – and I am focused on ensuring that businesses can thrive in our state, and that every New Jerseyan can play a role in our cutting-edge economy. That’s why I am so excited that our federal tax dollars are coming back to the Garden State to power NJMEP’s plan to lead a multi-state network of manufacturing companies that will strengthen our defense supply chains, invest in green energy infrastructure, and bolster North Jersey’s Picatinny Arsenal. I am grateful to NJMEP for their ongoing partnership in our shared mission to ensure New Jersey leads the supply chain research and development that will drive our country into the future,” said Rep. Sherrill.

    “The Green Energy and Defense Supply Chain Capacity Program is a crucial initiative that not only strengthens our supply chains but also bolsters our national defense and economic stability. By addressing supply chain vulnerabilities in Defense Manufacturing and Green Energy, we are ensuring that our nation is better equipped to meet future challenges. This initiative will generate job growth, supporting communities across New Jersey and the nation, while expanding opportunities for manufacturers. Strengthening the DoD supply chain ensures that we remain competitive on a global scale, positioning our nation for long-term success and security,” saidPeter Connolly, CEO of NJMEP.

    “This program represents a strategic leap forward in how we approach supply chain optimization in the Defense and Green Energy sectors. By focusing on research, outreach, and supplier engagement, we are creating pathways for new entrants while bolstering existing suppliers. The cross-state collaboration between MEP Centers ensures a coordinated approach to closing supply chain gaps and maximizing the impact of our collective efforts. This initiative sets the standard for how supply chain resilience can be achieved through proactive and collaborative efforts,” said Torsten Schimanski, Chief Strategy Officer of NJMEP.

    The grant, awarded to NJMEP by the National Institute of Standards and Technology, will help NJMEP develop a methodology to address supply chain and seize opportunities in the Defense Manufacturing and Green Energy sectors while positioning Manufacturing Extension Program Centers in New Jersey, Pennsylvania, New York, Massachusetts, and Rhode Island to better coordinate across the Northeast Region.

    Sherrill and NJMEP have long partnered to bolster New Jersey’s manufacturing sector, expand apprenticeship and job-training opportunities for service members transitioning to civilian life – including through the New Jersey Defense Manufacturing Community Consortium – and ensure that businesses can find the skilled workforce they need in the Garden State.

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    MIL OSI USA News –

  • MIL-OSI USA: Rep. Chu, Sen. Wyden Introduce Bill to Boost Access to Capital for Businesses Owned by Women and People of Color

    Source: United States House of Representatives – Representative Judy Chu (CA2-27)

    WASHINGTON, D.C. — Rep. Judy Chu (CA-28) and Senate Finance Committee Chair Sen. Ron Wyden (OR) today introduced the bicameral Providing Real Opportunities for Growth to Rising Entrepreneurs for Sustained Success Act (PROGRESS Act) to improve access to capital for small businesses owned by women and people of color.

    “The Biden-Harris Administration has overseen a boom in small business growth. But for many small businesses, particularly those owned by enterprising women and people of color without long-term relationships with financial institutions, securing access to capital remains far too tough, which hurts their ability to grow,” said Rep. Chu, who serves on both the House Ways and Means Committee and House Small Business Committee. “Sen. Wyden and I are introducing the PROGRESS Act to create first employee and investor tax credits so we can level the playing field for women-owned and minority-owned small businesses and unlock their full growth potential.”

    “Women business owners, particularly women of color, are underestimated, underrepresented and undercapitalized,” said Sen. Wyden. “Nobody can question the entrepreneurial spirit of women small business owners in America, but tax laws on the books today aren’t doing nearly enough to support them compared to others. Everybody wins when more small business owners have a chance to get ahead and grow, and that’s what this bill is all about.” 

    On average, white business owners start with nearly three times the working capital of black-owned businesses. Male entrepreneurs, on average, start with nearly twice as much capital as female entrepreneurs. The numbers are even more stark when considering only third-party capital. In 2023, only 2.2 percent of venture capital funding went to companies founded solely by women. This disparity is acutely felt by women of color who now account for 50 percent of all women-owned firms, yet received less than one percent of venture capital funding over the past decade. Owners of small businesses that lack employees are more diverse than employer firms. More than one-third of non-employer businesses are owned by people of color and more than four in ten are owned by women. Unfortunately, these businesses struggle to grow and face endemic barriers to accessing funding.

    Because of their size, their industry, or the way they are organized, many women-owned businesses can’t take advantage of tax benefits designed for small businesses. This lack of capital has limited the ability of these entrepreneurs to grow their businesses.

    The PROGRESS Act creates two new tax incentives to unlock the growth potential of these businesses:

    First Employee Credit:
    A new first employee credit will stimulate business growth and job creation.

    • A credit equal to 25 percent of W-2 wages reported can be claimed annually, up to $10,000 in a single tax year, with a lifetime limit of $40,000.
    • Because many businesses do not turn a profit in their early years, the first employee credit is creditable against the business’ payroll tax liability.
    • Certain businesses that have not reported full-time equivalent W-2 wages in a previous year are eligible for the credit.
    • Eligible businesses must be majority owned by U.S. individual(s) that each earn $100,000 or less per year ($200,000 in the case of joint filers).

    Investor Credit:
    A new investment credit will encourage third-party capital investment and allow small businesses to grow and thrive. 

    • A credit of up to 50 percent of a qualified debt or equity investment can be claimed, up to $10,000 in a single tax year, with a lifetime limit of $50,000.
    • Investors that fund certain businesses can use the credit to boost their rate of return.
    • Eligible businesses must have at least one full-time equivalent employee and be majority owned by U.S. individual(s) that each earn $100,000 or less per year ($200,000 in the case of joint filers).

    Click here for a one-page summary of the bill is available.

    Click here for a detailed bill summary.

    Click here for the full bill text.

    “We support the creation of tax incentives designed to boost the potential of all small businesses, but we’re particularly encouraged to see legislation that would help support historically underserved businesses—those owned by women and minorities,” said John Arensmeyer, Founder and CEO of Small Business Majority. “Our research consistently finds that many types of small businesses struggle to access the capital they need to grow, but small firms owned by women and minorities are most likely to experience funding challenges. Policies like the tax credits proposed by Senator Wyden and Representative Chu are critical to ensuring a level playing field so that more entrepreneurs have the chance to succeed.”

    “As an organization that represents thousands of women owned small businesses across the country the Main Street Alliance is proud to endorse the PROGRESS Act,” said Richard Trent, Executive Director of Main Street Alliance. “Still too many barriers exist for entrepreneurs to start and grow their small business. During the past four years 19 million new small businesses were founded, unleashing the creativity, drive and contributions of people willing to take a risk on the American dream. By providing a critical first employee credit these businesses will be more likely to expand, and thrive.”

    “I am encouraged by the introduction of the Progress Act which will empower small businesses to create more jobs by offering tax credits for hiring and incentivizing investment,” said Anne Zimmerman, Co-Chair of Small Business For America’s Future. “Small Business for America’s Future has long championed thinking outside the box on incentives that support small businesses, and this legislation represents an innovative approach to strengthening America’s true economic engine: small business owners. We’ve heard countless stories of small business owners wanting to expand but hit a wall because of limited to no access to capital, which is the lifeblood of any growing business. The Progress Act is the type of smart policy we need to create more opportunities for Main Street businesses to help us grow, innovate and compete in today’s market.”

    “The PROGRESS Act is a crucial step forward in creating new opportunities for Asian American and Pacific Islander (AAPI)-owned businesses to gain access to capital,” said Chiling Tong, President and CEO of National Asian Pacific Islander American Chamber of Commerce (National ACE). “Many AAPI-owned businesses, particularly start-ups, face unique barriers to capital, including language barriers, lack of awareness, or lack of relationships with lending institutions. By providing tax credits for investors in these businesses, this legislation opens up critical financial resources that will help AAPI entrepreneurs grow their businesses, create jobs and support their communities. Congresswoman Chu is a longtime champion of the AAPI small business community, and we applaud her continued commitment to addressing the unique barriers faced by AAPIs and ensuring that AAPI entrepreneurs have access to opportunities.”

    MIL OSI USA News –

  • MIL-OSI USA: Shaheen, Van Hollen Urge Federal Housing Finance Agency to Implement Energy-Efficient Building Codes for New Federally-Backed Homes

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) joined U.S. Senator Chris Van Hollen (D-MD) in sending a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson urging the Agency to require that new homes with mortgages backed by government-sponsored enterprises, such as Fannie Mae, Freddie Mac and Ginnie Mae, meet up-to-date building codes for energy efficiency. In their letter, the Senators ask Director Thompson for an updated timeline for a decision, while calling on FHFA to act swiftly in order to improve home energy efficiency and ultimately save Granite State homeowners and renters money.

    The Senators wrote, in part: “Aligning new home energy standards with updated model codes will save money for homeowners and renters across the country. HUD and USDA found that the increased initial costs of construction are more than made up for by lower monthly energy costs. […] Beyond these financial benefits, updated codes help save lives by protecting families from the impacts of extreme weather events, particularly utility outages during heat waves and cold snaps. Updated energy codes can also yield better indoor air quality and reduce exposure to pollutants that can have negative health impacts including asthma, heart disease and lung cancer.”

    They continued: “This year is an ideal time for FHFA to make these changes. The Bipartisan Infrastructure Law and Inflation Reduction Act provided over $1.2 billion of federal funding to help states and localities update their building codes. Already, multiple state and local governments, as well as HUD and USDA have adopted the updated building codes.”

    The Senators concluded: “We urge you to move quickly to adopt modern energy standards for new homes utilizing Enterprise-backed mortgages to align with other federally backed housing construction, and ask you for an update on your timeline for taking this action. These standards will support a stable, efficient housing market by reducing wasted energy, improving health outcomes, and lowering costs for both renters and homeowners across the country.”

    The letter was cosigned by Senators Cory Booker (D-NJ), Martin Heinrich (D-NM), Ed Markey (D-MA), Bernie Sanders (I-VT), Elizabeth Warren (D-MA) and Peter Welch (D-VT). This letter is supported by Americans for Financial Reform, Rocky Mountain Institute, and the National Electrical Manufacturers Association.

    The full letter text can be found here.

    Shaheen has championed work to secure federal investments in clean energy and energy efficiency initiatives and to lower energy costs across New Hampshire, especially by fighting for updated building energy codes standards. Earlier this year, Shaheen sent a letter to the Federal Housing Finance Agency (FHFA) urging it to require that new homes with mortgages backed by Fannie Mae and Freddie Mac meet up-to-date building codes for energy efficiency. The Senator also recently applauded action by the Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) to adopt updated Minimum Energy Standards for new single and multifamily federally-backed homes.

    Shaheen was a lead negotiator of the Bipartisan Infrastructure Law, which made huge investments in clean energy, including $225 million to support the adoption and implementation of updated building energy codes based upon her longstanding bipartisan legislation with Senator Rob Portman. Shaheen also helped secure $1 billion in the Inflation Reduction Act, of which New Hampshire is eligible for nearly $2.5 million to support modern code adoption, implementation, enforcement, training and workforce development. Shaheen recently wrote an op-ed in the Union Leader urging the State of New Hampshire to adopt the latest building energy codes and use this federal funding.

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn, Colleagues’ Bill to Strengthen Cross-Border Trade, Guard Against Terrorism Heads to President’s Desk

    US Senate News:

    Source: United States Senator for New Hampshire Maggie Hassan

    WASHINGTON – U.S. Senators John Cornyn (R-TX), Tom Carper (D-DE), James Lankford (R-OK), and Maggie Hassan (D-NH) released the following statements after their legislation to create a pilot program to strengthen the Customs Trade Partnership Against Terrorism (CTPAT) program passed the House and now heads to the President’s desk:

    “In order for America to remain competitive in global markets, we must ensure our ports are open, efficient, and secure,” said Sen. Cornyn. “This legislation would allow additional trusted trading partners to expedite shipments important to Texas’ economy while protecting against illegal goods and national security threats, and I urge the President to swiftly sign it into law.”

    “I am proud that the bipartisan Customs Trade Partnership Against Terrorism (CTPAT) Pilot Program Act passed in the House,” said Sen. Carper. “This commonsense bill will improve the reliability and efficiency of our supply chains in expediting the customs clearance process for trusted merchants. When President Biden signs this bill into law, the CTPAT Pilot Program will help reduce congestion at ports of entry and strengthen our national security.”

    “America’s supply chain security is essential to keeping food on the table and businesses up and running,” said Sen. Lankford. “This bill will create a new pilot program to strengthen standards for border security while streamlining our trade with other nations, and I look forward to seeing it become law in the days ahead.”

    “This bipartisan bill offers a commonsense approach that will both protect our national security and strengthen our supply chains,” said Sen. Hassan. “I’m pleased that it will now head to the President’s desk, as we continue to work together to help U.S. businesses thrive and outcompete the world.”

    The legislation was introduced in the House by Representatives Morgan Luttrell (TX-08), Elissa Slotkin (MI-07), Mariannette Miller-Meeks (IA-01), and Robert Menendez (NJ-08).

    Background:

    CTPAT was created as a part of the SAFE Port Act of 2006 to support secure cross-border trade through a fast-track, customs clearance process for trusted merchants who voluntarily submit themselves to enhanced security screening measures. The legislation would create a pilot program that would allow up to 20 trusted non-asset and asset based, third-party logistic providers (3PLs) to become CTPAT certified. The carrier companies would work with Customs and Border Protection to become CTPAT certified by meeting additional security requirements and participating in inspections throughout the cargo transit process.

    MIL OSI USA News –

  • MIL-OSI USA: 2024 class of the Army Acquisition Hall of Fame announced

    Source: United States Army

    ARLINGTON, Va. (Month DD, 2024) – Douglas R. Bush, the U.S. Army Acquisition Executive, announced today the 2024 inductees into the Army Acquisition Hall of Fame.

    The 2024 class of the Army Acquisition Hall of Fame includes Ms. Maureen Cross, Ms. Cathy Dickens, Mr. Gary Winkler, and retired Lt. Gen. Joseph Yakovac. These acquisition leaders will be inducted at a ceremony during the Association of the United States Army’s Annual Meeting in Washington, D.C., on Oct. 15.

    “The 2024 Army Acquisition Hall of Fame inductees epitomize exceptional leadership, marked by unwavering dedication, innovative vision and relentless commitment to service,” said Bush. “Their induction celebrates their alignment with the core values of the Army, their devoted pursuit of our mission and the profound impact they have made, leaving a legacy that will endure for years to come.”

    The Army Acquisition Hall of Fame is open to former Army Acquisition Workforce professionals who served a minimum of 20 years in federal service and have been retired or separated from service at least one year. Nominees were evaluated on their significant and enduring contributions to the Army acquisition community’s historic and ongoing missions.

    The Army Acquisition Workforce is currently made up of more than 33,000 Army civilians, officers and noncommissioned officers who develop, acquire and sustain operational capability. Army acquisition covers six functional areas: engineering and technical management, contracting, life cycle logistics, program management, test and evaluation, and business financial management and cost estimating.

    “The legacy of the 2024 Army Acquisition Hall of Fame inductees extends far beyond their achievements, fostering the spirit that fuels our workforce – a spirit defined by perseverance, teamwork and an unyielding pursuit of excellence,” said Lt. Gen. Robert Collins, director of the Army Acquisition Corps. “These leaders personify the guiding principles that propel our Army forward and serve as an inspiration to those who follow in their footsteps.”

    For more information on the Army Acquisition Hall of fame, visit https://asc.army.mil/web/hall-of-fame/.

     

     Ms. Maureen Cross

    For exceptional leadership, selfless service, and enduring contributions to Army Acquisition, Ms. Maureen Cross is hereby inducted into the 2024 Class of the United States Army Acquisition Hall of Fame. Since joining the Army Acquisition Workforce in 1993, Ms. Cross served in a number of high-profile positions and established herself as a leader and team builder. In her role as the director of the Army Systems Acquisition Review Council Secretariat within the Deputy for Acquisition and Systems Management Office, Ms. Cross provided program management oversight to more than 600 programs valued in excess of $30 billion annually. Ms. Cross’ comprehensive knowledge of regulation, policy and statute made her a trusted advisor to senior Army acquisition leaders, and resulted in vastly improved program success. Mrs. Cross’ profound and enduring contributions supporting the nation reflect great credit upon the United States Army and honor the Army Acquisition Workforce.

     

    Ms. Cathy Dickens

    For exceptional leadership, selfless service and enduring contributions to Army Acquisition, Ms. Cathy Dickens is hereby inducted into the 2024 Class of the United States Army Acquisition Hall of Fame. As the deputy to the commanding general of U.S. Army Aviation Command, Ms. Dickens managed a multifaceted and diverse organization with an annual budget of over $4 billion and a global workforce of over 11,000 military and civilian employees. Throughout her career, Ms. Dickens served as a trusted acquisition authority, consultant and advisor to a number of senior leaders, including managing and directing an acquisition program valued at $25 billion annually and active contracts of $110 billion. Ms. Dickens’ efforts saved taxpayer money while improving efficiencies to get Soldiers much-needed equipment in the field. Her profound and enduring contributions supporting the nation reflect great credit upon the United States Army and honor the Army Acquisition Workforce.

     

    Mr. Gary Winkler

     

    For exceptional leadership, selfless service, and enduring contributions to Army Acquisition, Mr. Gary Winkler is hereby inducted into the 2024 Class of the United States Army Acquisition Hall of Fame. Mr. Winkler served as the Army’s first chief knowledge officer, and principal director for governance and acquisition, and provided oversight of Major Automated Information System programs and developed enduring Army policies, procedures and tools to prioritize and manage the Army’s IT-based capabilities. As Program Executive Officer for Enterprise Information Systems, Mr. Winkler managed a $4 billion portfolio of 40 major programs for large-scale enterprise systems supporting finance, logistics, personnel, communications infrastructure, biometrics, medical and warfighting functions. His profound and enduring contributions supporting the nation reflect great credit upon the United States Army and honor the Army Acquisition Workforce.

     

    Retired Lt. Gen. Joseph Yakovac

    For exceptional leadership, selfless service and enduring contributions to Army Acquisition, Lt. Gen Joseph Yakovac is hereby inducted into the 2024 class of the United States Army Acquisition Hall of Fame. Yakovac was instrumental in delivering capabilities to the field in his work with Program Executive Office for Ground Combat Systems and the development of the acquisition workforce at large when he served as director of the Army Acquisition Corps. Yakovac’s focus was always on people, programs and processes. He worked to instill a culture that encouraged people to work together across various domains and provided exemplary leadership and mentorship, developing future technical and acquisition leaders. His profound and enduring contributions supporting the nation reflect great credit upon the United States Army and honor the Army Acquisition Workforce.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Providing Sustainable Power for 123,000 More Homes

    Source: US State of New York

    In celebration of Climate Week, Governor Kathy Hochul today announced that the New York State Office of Renewable Energy Siting and Electric Transmission has issued final siting permits for the Rich Road Solar Energy Center and Prattsburgh Wind LLC projects. The solar farm and the wind farm, located in St. Lawrence County and Steuben County, respectively, will bring a combined 387 megawatts of clean, renewable energy to New York’s electric grid, powering more than 123,000 average-sized homes. Both facilities will contribute significantly to the State’s ambitious climate goals while providing economic benefits to local communities.

    “These two massive renewable energy projects are prime examples of our progress in transitioning to a clean energy economy,” Governor Hochul said. “With the issuance of these siting permits, we are creating good-paying jobs in the North Country and the Southern Tier, while providing clean sustainable energy for our families and businesses.”

    The Rich Road Solar project developers estimate that the 240 MW solar farm—which will be supplemented with an additional 20 MW battery energy storage system (BESS) located in the Town of Canton, St. Lawrence County—will generate clean energy capable of powering more than 61,000 average-sized homes. The Prattsburgh wind farm, a 147 MW wind project spanning the Towns of Prattsburgh, Avoca, Cohocton, Howard, and Wheeler in Steuben County, will produce enough power for an estimated 62,000 homes according to its developers.

    Today’s announcement marks the second and third major renewable energy facility permits issued by ORES this month. Together, the projects bring the total number of ORES-approved large-scale renewable energy projects to 18 since 2021, representing over 2.7 gigawatts of clean energy. The approvals come during New York’s Climate Week, highlighting the State’s continued leadership in advancing clean energy initiatives and reinforcing its commitment to working toward the State’s climate goals.

    Office of Renewable Energy Siting and Electric Transmission Interim Executive Director Jessica Waldorf said, “Today’s announcement demonstrates the State’s continued commitment to a clean energy transition and the responsible siting and development of renewable energy resources. ORES’ issuance of the permits of the Rich Road Solar Energy Center and Prattsburgh Wind LLC projects will support the delivery of significant amounts of clean energy to the electric grid and local community benefits, while mitigating significant adverse environmental impacts.”

    New York State Department of Environmental Conservation Interim Commissioner Sean Mahar said, “The implementation of wind and solar developments like the projects announced today in St. Lawrence and Steuben counties is a critical part of Governor Hochul’s commitment to advancing a clean energy economy and achieving the goals of the Climate Leadership and Community Protection Act. DEC commends the Governor and ORES for their efforts to accelerate green energy deployment and address the challenges of climate change to ensure a greener future for all New Yorkers.”

    Alliance for Clean Energy New York Executive Director Marguerite Wells said, “Every megawatt of clean energy that comes online is a win for New Yorkers in the fight against climate change, and brings lasting economic benefits to our state. We thank the state and ORES for granting these siting permits and we look forward to the day the switch is flipped and power flows from these important projects.”

    New York League of Conservation Voters President Julie Tighe said, “With the impacts of climate change growing more dire by the day, we can no longer afford to just talk about renewable energy, we need to deliver real projects on the ground, and that’s why we’re thrilled to see Governor Hochul and the team at ORES approve the Rich Road Solar Energy Center and Prattsburgh Wind projects. Together, their promise of 387 megawatts of clean energy mark another important step on New York’s path to meeting our CLCPA obligations and transitioning to the clean energy economy we need.”

    The application for the Rich Road solar farm was deemed complete on January 3 and a draft permit was issued by ORES on March 4. A thorough, timely, and transparent review process followed that included a public comment period and hearing. The facility will feature three ground-mounted solar PV arrays on single-axis tracker racking systems, a 34.5 kilovolt (kV) to 345 kV collection substation, and a point of interconnection switchyard. Construction of the facility will create more than 300 full-time jobs, with four permanent positions during operation. The project is expected to provide $24 million in direct payments to the Town of Canton, St. Lawrence County, and local school districts over the next 35 years.

    The application for the Prattsburgh wind farm was deemed complete on October 30, 2023, with a draft permit issued by ORES on December 29, 2023. The project will encompass 36 wind turbines and related infrastructure across approximately 53 acres of primarily rural land. The project will generate more than $1.2 million annually in tax revenue for local municipalities and over $500,000 in direct lease and neighbor agreement payments to landowners. Additionally, it will create 81 on-site jobs during construction and eight full-time positions during operation.

    Both projects are integral to New York’s broader strategy to meet the Climate Leadership and Community Protection Act’s targets, which mandate 70 percent renewable electricity by 2030 and a zero-emissions electricity sector by 2040. Additionally, both projects were approved in less than the one-year timeframe required under the law.

    For more information about the Rich Road Solar and Prattsburgh Wind projects, as well as other ORES-permitted facilities, visit the ORES website.

    New York State’s Nation-Leading Climate Plan

    New York State’s climate agenda calls for an orderly and just transition that creates family-sustaining jobs, continues to foster a green economy across all sectors and ensures that a minimum of 35 percent, with a goal of 40 percent, of the benefits of clean energy investments are directed to disadvantaged communities. Guided by some of the nation’s most aggressive climate and clean energy initiatives, New York is advancing a suite of efforts – including the New York Cap-and-Invest program (NYCI) and other complementary policies – to reduce greenhouse gas emissions 40 percent by 2030 and 85 percent by 2050 from 1990 levels. New York is also on a path toward a zero emission electricity sector by 2040, including 70 percent renewable energy generation by 2030, and economy-wide carbon neutrality by mid-century. A cornerstone of this transition is New York’s unprecedented clean energy investments, including more than $28 billion in 61 large-scale renewable and transmission projects across the State, $6.8 billion to reduce building emissions, $3.3 billion to scale up solar, nearly $3 billion for clean transportation initiatives and over $2 billion in NY Green Bank commitments. These and other investments are supporting more than 170,000 jobs in New York’s clean energy sector as of 2022 and over 3,000 percent growth in the distributed solar sector since 2011. To reduce greenhouse gas emissions and improve air quality, New York also adopted zero-emission vehicle regulations, including requiring all new passenger cars and light-duty trucks sold in the State be zero emission by 2035. Partnerships are continuing to advance New York’s climate action with more than 400 registered and more than 130 certified Climate Smart Communities, over 500 Clean Energy Communities, and the State’s largest community air monitoring initiative in 10 disadvantaged communities across the State to help target air pollution and combat climate change.

    MIL OSI USA News –

  • MIL-OSI Canada: The Government of Canada launches Canada’s Action Plan on Combatting Hate

    Source: Government of Canada News

    News release

    OTTAWA, September 24, 2024

    Canada, like elsewhere around the world, has seen a rise in hate both on the streets and online in recent years. The federal government is committed to doing whatever it takes to protect everyone living in Canada as well as the resilient and diverse communities across the country to ensure that all can thrive while being their authentic self.

    The rise in hate incidents has disproportionately affected Indigenous Peoples; Black, racialized, religious minorities, and 2SLGBTQI+ communities; women; and persons with disabilities. Hate not only harms those directly targeted but also impacts the broader Canadian society, undermining social cohesion and posing a threat to national security.

    That’s why today, the Honourable Kamal Khera, Minister of Diversity, Inclusion and Persons with Disabilities, unveiled Canada’s Action Plan on Combatting Hate. The Action Plan represents Canada’s first-ever comprehensive cross-government effort to combat hate. It brings together 20 key federal initiatives grounded on three pillars:

    • Empower communities to identify and prevent hate;
    • Support victims and survivors, and protect communities; and
    • Build community trust, partnerships and institutional readiness.

    The Action Plan invests $273.6 million over six years, and $29.3 million ongoing, to tackle hatred from multiple angles. It includes increasing support to victims and survivors, helping communities prevent, address and protect people from hate; enhancing research and data collection; providing greater resources for law enforcement; and raising public awareness.

    Everyone has a right to be safe and treated with dignity. We will collaborate with provincial, territorial and international governments, as well as First Nations, Inuit and Métis partners, and cities and communities across Canada to make this happen. Canada’s Action Plan on Combatting Hate will help us continue building a safer and more inclusive Canada where everyone can succeed, regardless of who they are, who they love or what they believe in.

    Quotes

    “Everyone has the right to feel safe, regardless of who they are, what they look like or what they believe in. We have all been alarmed to witness the tragic consequences of hate, both at home and abroad. Hate has no place in Canada – whether in person or online, in our schools, or in our places of worship. Our government is committed to keeping communities across the country safe. Because when someone becomes a victim of hate, it affects all of us. Canada’s first-ever Action Plan on Combatting Hate represents an unprecedented cross-government effort to combat hate while providing more support to victims of hate and at-risk communities. As we face difficult and challenging times, we must stand up for who are as a country – a country where diversity is our strength and where everyone can be who they are and achieve their dreams without fear.”

    —The Honourable Kamal Khera, Minister of Diversity, Inclusion and Persons with Disabilities

    “Hate, in all its forms, has no place in Canada – everyone has a right to feel and be safe in their homes and in their communities. We all have a role to play in fighting discrimination and fostering a fairer, safer and more inclusive Canada. The Changing Narratives Fund, as part of Canada’s Action Plan on Combatting Hate, will break down systemic barriers and empower diverse voices in the arts, culture and media. The fund ensures their experiences and perspectives are better represented, and advances anti-racism, equity, and diversity and inclusion within the cultural and media sectors.”

    —The Honourable Pascale St‑Onge, Minister of Canadian Heritage

    “In the face of an increase in hate crimes, our government is stepping up to ensure at-risk communities can access financial support to protect their institutions. The new Canada Community Security Program is designed to be simpler, more flexible and more generous, in direct response to what we’ve heard from community organizations across the country.”

    —The Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs

    “No one should live in fear of being who they are, but we know that discrimination based on sexual orientation or gender identity and expression continues to be a reality in Canada. This is wrong and must be eliminated. Canada’s Action Plan on Combatting Hate complements actions we have taken to protect and support Canadians since 2015, including the Federal 2SLGBTQI+ Action Plan, all of which were developed by listening to the voices and lived experiences of individuals and communities across Canada. As always, we continue to stand shoulder to shoulder with all communities experiencing hate and we will not hesitate to use all federal tools to protect and support them.”

    —The Honourable Marci Ien, Minister for Women and Gender Equality and Youth

    “We all expect to be safe in our homes, in our neighbourhoods and in our communities. This is why we introduced Bill C-63, a key component of Canada’s Action Plan on Combatting Hate. We know that online harms can have real world impacts with tragic and sometimes fatal consequences. This legislation is about keeping everyone safer in an online world that can feel more dangerous and unfortunately more toxic each and every day so that women, racialized persons, 2SLGBTQI+ people, and people of diverse faiths and backgrounds can go to their places of worship, community centres, schools or work without fearing that online threats might turn into real world danger.”

    —The Honourable Arif Virani, Minister of Justice and Attorney General of Canada

    “Canada is as innovative as it is diverse, and it is far more successful when everyone is given a fair chance to develop their full potential, free from hate and discrimination. With Canada’s Action Plan on Combatting Hate, we are standing up to confront hate and protect Canadians, and Statistics Canada will be key in researching and gathering the data needed to build a safer and more resilient society.”

    —The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

    “Canada is a country rich in diversity, where every person deserves to feel safe and be respected. This is why today we’re launching Canada’s first-ever Action Plan on Combatting Hate, a commitment of $273 million to help build a safe Canada for everyone.”

    —Sameer Zuberi, Parliamentary Secretary to the Minister of Diversity, Inclusion and Persons with Disabilities

    Quick facts

    • Budget 2022 provided $85 million over four years, starting in 2022–23, to the Department of Canadian Heritage to launch and implement the new Anti-Racism Strategy and a national action plan on combatting hate. Budget 2024 provides an additional $273.6 million over six years, starting in 2024–25, and $29.3 million ongoing to support Canada’s Action Plan on Combatting Hate. The Action Plan brings together key initiatives led by federal departments and organizations, including Canadian Heritage, Public Safety Canada, Justice Canada, the Royal Canadian Mounted Police, Women and Gender Equality Canada, Statistics Canada and the Canadian Race Relations Foundation. 

    • According to the July 2024 Statistics Canada data release, the number of police-reported hate crimes increased from 3,612 incidents in 2022 to 4,777 in 2023 (+32%), even though some victims might not report a hate crime they experienced. This followed an 8-percent increase in 2022 and a 72-percent increase from 2019 to 2021. Overall, the number of police-reported hate crimes (+145%) has more than doubled since 2019.

    • Canada’s Action Plan on Combatting Hate is complemented by the work of the Special Envoy on Preserving Holocaust Remembrance and Combatting Antisemitism and the Special Representative on Combatting Islamophobia.

    • Public Safety Canada’s enhanced Canada Community Security Program (CCSP) (previously the Security Infrastructure Program) is also part of Canada’s Action Plan on Combatting Hate. The CCSP is making it easier and more efficient for organizations and communities at risk of hate-motivated crime to access security support when they need it.

    • The Action Plan aligns with ongoing efforts to further mitigate the risk of exposure to harmful content online through Bill C-63, which proposes to create a new Online Harms Act to create stronger protections for the most vulnerable groups online. The Government of Canada has tabled Bill C-63, An Act to enact the Online Harms Act, to amend the Criminal Code, the Canadian Human Rights Act and An Act respecting the mandatory reporting of Internet child pornography by persons who provide an Internet service and to make consequential and related amendments to other Acts, in the House of Commons.

    • Canada is signatory to the Christchurch Call to Eliminate Terrorist and Violent Extremist Content Online, which is a global pledge by 56 governments, including Canada, as well as online service providers and civil society organizations to coordinate and collaborate on efforts to eliminate terrorist and violent extremist content online. The Government of Canada reiterates its engagement to advance the Christchurch Call to Action in Canada’s Action Plan on Combatting Hate.

    • Canada’s Action Plan on Combatting Hate complements Changing Systems, Transforming Lives: Canada’s Anti-Racism Strategy 2024–2028. Both initiatives take a comprehensive and intersectional approach to confronting hate, racism and discrimination.

    Related products

    Associated links

    Contacts

    For more information (media only), please contact:

    Waleed Saleem
    Press Secretary
    Office of the Minister of Diversity, Inclusion and Persons with Disabilities
     waleed.saleem@hrsdc-rhdcc.gc.ca

    Media Relations
    Canadian Heritage
    819-994-9101
    1-866-569-6155
    media@pch.gc.ca

    MIL OSI Canada News –

  • MIL-OSI Canada: More Than $3.9 Billion Invested Since 2020 Toward Improving Highways

    Source: Government of Canada regional news

    Released on September 24, 2024

    Today, the Government of Saskatchewan reflects on the past four years of significant investments into our province’s infrastructure. These investments improve safety, support our export-based economy and work toward the goal of improving 10,000 km of highways by 2030.

    “Our government recognizes the importance of strategic funding to build, maintain and operate a safe and reliable highway network, along with continued improvements on the road ahead to keep our great province strong,” Highways Minister Lori Carr said. “This critical infrastructure helps people get to the places and services they need, while it moves the products of our key industries that create jobs and support our strong and growing export-based economy.”

    More than $3.9 billion has been invested overall since 2020-21 toward such initiatives as building passing lanes, upgrading thin membrane surface (TMS) highways, maintenance activities and other significant infrastructure. This overall investment includes a $300 million Stimulus Program; a booster shot to Saskatchewan’s economy during the global pandemic.

    Highlights within the first five years of Saskatchewan’s Growth Plan include:

    • More than 40 new sets of passing lanes throughout the province, which improves safety on strategic trade corridors, as the province ships to more than 160 countries around the globe.
    • More than 840 km of TMS improvements.
    • More than 85 bridge replacement or rehabilitation projects.
    • More than 1,100 culvert replacement projects.

    Major projects and other initiatives include:

    • Twinning segments of Highways 6 and 39 between Regina and southeast of Corinne.
    • Continuing work to improve the Highway 5 corridor between Saskatoon and Humboldt.
    • The completion of the Garson Lake Road to the Alberta-Saskatchewan Border.
    • Development of an ongoing passing lane strategy, which includes future projects on Highway 10 between Fort Qu’Appelle and Melville, along with Highway 17 from Lloydminster heading north.
    • More than $350 million toward building, maintaining and operating the transportation system in Northern Saskatchewan.
    • Completion of a five-year, $100 million investment in road safety.

    This recent and ongoing work means an expected 5,900 kms of highways will be improved in the first five years of the provincial government’s Growth Plan and positions Saskatchewan to be ahead of the pace needed to meet the goal of 10,000 kms improved by 2030.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI: FinTech360 Launches Cross-Device Trading Solutions to Meet Growing Mobile Demand in FinTech Industry

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, Sept. 24, 2024 (GLOBE NEWSWIRE) — FinTech360, a leading B2B provider of fintech solutions for regulated forex brokers, today announced the launch of its new cross-device trading solutions, designed to meet the increasing demand for mobile-friendly platforms in the fintech industry. This innovative system enables brokers to offer seamless trading experiences across multiple devices, including Android, iOS, and web platforms, ensuring a consistent user experience and maximizing client engagement in a mobile-first world.

    With mobile traffic now accounting for the majority of user interactions in the financial sector, FinTech360’s new cross-device solutions come at a critical time for brokers seeking to stay competitive. The platform provides brokers with advanced tools for customer lifecycle management, CRM, payment gateways, and trading signals, all of which are accessible from any device, offering flexibility and convenience to both brokers and traders.

    “In response to the growing dominance of mobile usage in trading, we are proud to introduce our cross-device solutions, which allow brokers to offer their clients uninterrupted access to trading tools on any platform,” said Aaron Bitter, BDM of FinTech360. “We recognize that brokers need to cater to mobile-first users, and our new solutions provide the perfect balance between functionality and accessibility across all devices.”

    Innovative Cross-Device Features Tailored for Forex Brokers

    The new cross-device platform from FinTech360 is specifically designed for the unique needs of forex brokers, allowing them to engage with a broader client base by providing a seamless user interface across mobile apps and web-based platforms. As mobile trading continues to grow, the ability to offer a unified trading experience across different devices becomes essential for brokers looking to attract and retain clients.

    With enhanced functionality and a mobile-optimized interface, the platform empowers traders to access real-time data, execute trades, and monitor market movements on-the-go, all while enjoying the same high-quality experience whether they are using a mobile phone or desktop computer.

    FinTech360’s Continued Commitment to Innovation and Broker Success

    As part of this new launch, FinTech360 has integrated Acuity Trading’s AI-driven market analysis tools into its cross-device platform. This combination of AI technology and mobile optimization provides brokers with deeper market insights and more comprehensive trading strategies, helping them make informed decisions and better serve their clients.

    FinTech360 has long been recognized for its innovative fintech solutions tailored specifically for regulated brokers. The company’s full suite of services includes CRM systems, business intelligence tools, trading platforms, and affiliate network solutions, all designed to simplify broker operations and enhance overall efficiency. By focusing on creating flexible, scalable solutions, FinTech360 continues to empower brokers to thrive in a competitive market.

    For more information about FinTech360 and its latest cross-device trading solutions, visit FinTech360.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: HP Workforce Solutions Advances Strategy to Deliver Exceptional Employee Experiences

    Source: GlobeNewswire (MIL-OSI)

    News Highlights

    • Supercharges HP Workforce Experience Platform with expanded access and capabilities
    • Introduces managed services that reduce downtime and keep employees productive
    • Announces the industry’s most advanced remote remediation technology
    • Launches HOPE Recycling Futures to give PCs a second life while accelerating digital equity

    PALO ALTO, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) — Today at HP Imagine, HP Inc.’s (NYSE: HPQ) Workforce Solutions division (HPWS) today announced a series of significant advancements designed to enable companies to achieve growth by delivering more personalized, fulfilling experiences.

    As part of this, HP is expanding access to HP Workforce Experience Platform, giving CIOs access to enhanced tools, data and insights to ensure their employees are connected and productive. For customers wanting HP to manage their IT environment, HP is announcing advanced monitoring solutions and global availability of HP Managed Collaboration Services that proactively remediate incidents before employees are impacted. And when technology does fail, HP is launching a new service that helps get employees back up and running quickly. HP is also introducing a new service to help companies harness the power of AI to drive further productivity in the workforce and expanded refurbishment programs to drive a more circular economy.

    “We are at the intersection of two major trends – AI and Flexible Work – and both are having a profound impact on our lives,” said Dave Shull, President of HP Workforce Solutions. “At the same time, employees want greater fulfillment and companies want improved productivity. Our Future-Ready portfolio of software and solutions helps guide companies through this shift.”

    Keeping Employees Engaged and Productive

    HP Workforce Experience Platform Expands Beta Access and Introduces New Features
    HP Workforce Experience Platform – a platform that intelligently anticipates and resolves digital friction across every employee endpoint from a single dashboard – has been in private beta for three months with more than 270K devices enrolled.[1]

    HP is now expanding access by making the Workforce Experience Platform Beta available to new or renewing HP Proactive Insights customers in the United States at no extra cost.

    As part of the new release, HP is rolling out new features that enable customers to monitor, secure, and manage printer performance at scale, in addition to PCs. New capabilities in AI-powered fleet management and employee sentiment analysis will help reduce IT support tickets and employee downtime through proactive anomaly detection and smart recommendations.

    Additionally, HP Workforce Experience Platform supports integrations with Microsoft Power BI, Power Automate and Tableau (available now) and plans to support Microsoft Intune and ServiceNow in a future release, enabling IT to leverage Workforce Experience Platform data easily and securely within their existing workflows. This means IT has a more holistic view of their device fleet, better data accuracy, and more tailored IT operations that help drive down expenses and improve return on investment.[2]

    New Global Command Centers for Advanced Monitoring Capabilities
    As companies look to shift their IT support from a reactive to a proactive approach, HP is announcing advanced Monitoring and Management capabilities – enabled by new global command centers – to help customers monitor and manage both HP and non-HP devices across the world, including detecting and remediating incidents.

    Leveraging telemetry,[3] HP monitors thousands of data points in conference room equipment, printers, and PCs. This enables HP Service Experts to detect and identify issues and take remote actions to proactively remediate incidents before employees are impacted. These HP Managed Services are available globally for HP’s managed solutions customers and sold through direct channels.

    Industry’s First Out-of-band Diagnostics and Remediation Capability
    Data shows that 90% of employees prefer flexible or hybrid work.[4] Employees have also come to expect the same level of support remotely that they would receive in an office. But existing remote support tools can’t always address the problem, like when a PC crashes and won’t reboot.

    To help reduce the time and frustration involved in restoring productivity for both hybrid employees and IT, HP is introducing a new HP out-of-band remediation service,[5] the industry’s most advanced remote remediation technology,[6] that enables more PC issues to be fixed remotely than ever before – even if the PC won’t boot. HP is the first PC manufacturer to use out-of-band technology to securely connect to remote PCs below the OS, using an encrypted cloud connection. This allows HP support agents full keyboard, video and mouse (KVM) control to diagnose and fix more complex issues like boot failures, imaging and BIOS issues — with virtually no assistance from the end user.

    This industry-first remediation service is expected to be available later this year in North America and the EU as an add-on to an HP Essential, Premium or Premium+ Support package with the purchase of any new Intel vPro enabled PC direct from HP or an authorized reseller. HP plans to expand the service feature availability across other commercial PCs in the coming months.

    New AI Advisory Services Help Customers Tap into the Potential of Microsoft Copilot
    HP is also announcing a new AI advisory service to help customers tap into the full potential of Microsoft 365 Copilot. This new AI advisory service will evaluate a company’s current setup and readiness for AI, conduct interactive workshops to help companies maximize the benefits of AI, and help companies plan for rolling out new AI tools. This new AI Advisory Service is expected to be available in November 2024 in the US, UK, France, Spain, Ireland, and Germany.

    Creating Collaborative Team Experiences

    Managed Collaboration Services Now Available to Customers Worldwide
    In today’s flexible working world, video collaboration connects more employees than ever before. To help customers modernize and maintain their conference rooms, HP is announcing the global availability of HP Managed Collaboration Services. HP Managed Collaboration Services uses Poly and HP gear to deliver exceptional meeting experiences with flexible, reliable, managed room solutions that ensure every space is video-enabled, and ready to be used. Learn more here.

    Driving Societal Impact

    HP is committed to accelerating equitable access to education, healthcare, and economic opportunity for those who are systemically excluded so they can participate and thrive in a digital economy. HP’s new services and programs help give technology a second life while delivering hope around the world.

    Expanded Portfolio of HP Certified Refurbished Hardware
    With growing customer demand for high-quality, reliable second-life devices, HP is announcing expansion of its HP Certified Refurbished hardware portfolio to now include LaserJet Multi-Function Printers, available for Managed Print Solutions customers in the United States.

    Each HP Certified Refurbished device undergoes rigorous refurbishment and inspection processes, utilizes approved HP parts, and comes backed by HP Support for added peace of mind. The LaserJet offerings are the latest addition to the HP Certified Refurbished hardware portfolio, which also includes availability of HP EliteBook 800 G6 and G7 series notebooks in the United States and France.

    Delivering HOPE Around the World
    HP is expanding HOPE Recycling Futures – HP’s signature program that helps companies connect and uplift children. HOPE Recycling Futures receives devices from organizations who would otherwise dispose of them, works with its partners to erase existing data and refurbish the devices. HP then coordinates with vetted non-governmental organizations to deliver the devices to schools serving vulnerable and marginalized youth — all at no cost to the company or receiving organization.

    HOPE Recycling Futures is already partnering with companies across the EU, UK, Switzerland, India, Singapore, and Brazil, and will now extend this partnership to include Mexico. More than 16,000 children in 22 countries have benefited from the program through 72 donation projects to date.

    By giving their PCs a second life for kids in need through HOPE Recycling Futures, businesses can play a crucial role in reducing e-waste and empowering the next generation with the tools they need to thrive in a digital world.

    For more information on today’s news at HP Imagine, visit https://www.hp.com/us-en/newsroom/press-kits/2024/hp-imagine.html.

    About HP Workforce Solutions
    Workforce Solutions is a global business unit of HP Inc. Given HP’s innovative and comprehensive portfolio of PCs, printers, and collaboration gear, HP Workforce Solutions (HPWS) is used by millions worldwide to solve customer problems, often proactively, through AI-enabled software and services. HP can help partners and customers from start to finish of their technology journey.

    About HP
    HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit: http://www.hp.com. 

    [1] The Workforce Experience platform is for commercial customers and requires registration. At launch, some features will require a subscription. To register for access, visit https://admin.hp.com/. Some features and capabilities may require additional purchase of HP services and/or commercial hardware capable of supporting the HP Insights agent for Windows, Mac, & Android. Activation and restrictions may apply.
    Select HP Workforce Solutions require an HP Insights agent for Windows, Mac, & Android, available for download at https://admin.hp.com/software. For full system requirements and services that require the agent, please visit https://admin.hp.com/requirements. The agent collects telemetry and analytics around devices and applications that integrate into the Workforce Experience platform and is not sold as a standalone service. Internet access with connection to the Workforce Experience platform is required. HP follows stringent GDPR privacy regulations, and the platform is ISO27001, ISO27701, ISO27017 and SOC2 Type2 certified for Information Security.
    [2] Third party licenses required.
    [3] HP Services Scan is preinstalled and/or provided thru Windows Update and checks for service entitlement on each hardware device and downloads the applicable software agent automatically. To disable this feature, please follow the instructions at http://www.hpdaas.com/requirements. The HP Insights agent is a telemetry and analytics platform that provides critical data around devices and applications and is not sold as a standalone service. HP follows stringent GDPR privacy regulations and is ISO27001, ISO27701, ISO27017 and SOC2 Type2 certified for Information Security. Internet access with connection to the HP Insights agent is required. For full system requirements, please visit http://www.hpdaas.com/requirements. Not available in China.
    [4]Remote Work Statistics & Trends In (2024) – Forbes Advisor, Pew Research
    [5] Out-of-band diagnostics and remediation is available in North America (which includes the US and Canada), and the EU as an HP Care Pack for select HP commercial platforms that are Intel® vPro® and Intel® AMT enabled and are entitled to HP Premium Support or HP Premium+ Support. Service levels and response times for HP Care Packs may vary depending on your geographic location. Service starts on date of hardware purchase. Restrictions and limitations apply. For details, visit www.hp.com/go/cpc. HP Services are governed by the applicable HP terms and conditions of service provided or indicated to Customer at the time of purchase. Customer may have additional statutory rights according to applicable local laws, and such rights are not in any way affected by the HP terms and conditions of service or the HP Limited Warranty provided with your HP Product. Check with your HP authorized sales rep for availability.
    [6] Based on HP’s internal analysis of PC manufacturers with power cycle control, non-OS control, BIOS control and reimaging control as of 9/24/2024.

    The MIL Network –

  • MIL-OSI: M2 Compliance Proudly Sponsors the 18th Annual Jewish Law Symposium

    Source: GlobeNewswire (MIL-OSI)

    Fort Lauderdale, Sept. 24, 2024 (GLOBE NEWSWIRE) — M2 Compliance (“M2”), a global leader in regulatory compliance and SEC filing solutions, is honored to sponsor the prestigious 18th Annual Jewish Law Symposium, scheduled for September 26, 2024, at Birchwood Manor in Whippany, NJ.

    This year’s symposium will explore “The Ethics of War and Peace”, delving into pressing legal and ethical challenges drawn from both modern and ancient texts. The event will feature Alyza D. Lewin, Esq., President of the Louis D. Brandeis Center for Human Rights Under Law, as the keynote speaker. Additionally, a compelling panel discussion will be hosted, featuring esteemed figures such as Dov Ben-Shimon, Executive Vice President & CEO of the Jewish Federation of Greater MetroWest, Russell G. Pearce, Professor of Legal Ethics, Morality, & Religion at Fordham University School of Law, and Rabbi Shlomo Yaffe, Internationally Acclaimed Scholar, Author & Lecturer.

    As a corporate sponsor, M2 Compliance is committed to supporting initiatives that align with our core values of integrity and community engagement. M2 Compliance’s sponsorship is a reflection of our ongoing dedication to fostering thought leadership and collaboration within the legal industry.

    M2 Compliance’s UNLIMITED SEC Filings Program

    M2’s UNLIMITED SEC FILINGS program has reshaped the landscape of SEC compliance by providing unlimited, full-service EDGAR & iXBRL filing solutions for one annual fixed rate. Our program gives clients complete freedom and flexibility, ensuring their filing needs are met efficiently without the burden of unpredictable costs. What truly sets us apart is our unwavering commitment to providing unparalleled service at the most competitive rates in the industry, making us a trusted partner in your compliance journey. Clients that join M2 stay because the service is outstanding, and the pricing/product offered is unbeatable.

    About M2 Compliance:

    M2 Compliance has been serving the financial and legal industries for over 14 years and is recognized as the 4th largest SEC filing agency worldwide. Our innovative UNLIMITED SEC FILINGS program has revolutionized the industry by offering fixed-rate pricing, allowing clients to eliminate overage fees. As the fourth largest filing agency globally, we are proud to maintain a 99% client retention rate, driven by our ability to provide cost-effective solutions with faster turnaround times. Our clients trust M2 to meet their compliance needs 24/7, and our commitment to excellence keeps them with us year after year.

    For more information about M2 Compliance, please visit www.m2compliance.com or contact:

    David McGuire, CEO
    M2 Compliance, LLC
    501 East Las Olas Blvd., Suite 300
    Fort Lauderdale, Florida 33301
    T: (754) 243-5120
    F: (754) 243-5135
    W: www.m2compliance.com

    Operated by McGuire Services, LLC, a Puerto Rico Organization

    The MIL Network –

  • MIL-OSI USA: Kennedy introduces bill to protect taxpayer privacy, strengthen penalties for leaking personal data

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)
    WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, has introduced the Taxpayer Data Protection Act to safeguard Americans’ sensitive data and increase penalties for those who steal and leak Americans’ tax information.
    “American taxpayers deserve to know that their financial data is safe from criminals and bad actors. My bill would discourage would-be crooks and vigilantes from exposing anyone’s personal tax information by increasing the punishment for those abuses,” said Kennedy. 
    Rep. Jason Smith (R-Mo.) introduced the Taxpayer Data Protection Act in the House, which passed the legislation earlier this month.
    “Americans rightfully expect their personal tax information is safe and protected when they file their tax returns with the IRS. Unfortunately, that expectation was shattered when IRS contractor Charles Littlejohn was discovered to have stolen the private tax data of thousands of individuals, including President Trump, and leaked that information to the New York Times and ProPublica for publishing. Mr. Littlejohn was aware of the legal consequences before committing his theft, but was unfazed and undeterred. He even went as far as to destroy evidence and conceal his actions from law enforcement. The Taxpayer Data Protection Act scales up the punishment to fit the crime and sends a clear message to would-be criminals that Congress will not tolerate the theft of Americans’ personal and private tax information,” said Smith.
    Under current law, disclosing tax information without that authority is a felony that is punishable by a fine of up to $5,000, by a sentence of up to five years in prison or both. The legislation would increase the maximum fine to as much as $250,000, lengthen potential prison sentences to as many as 10 years and subject criminals to either or both punishments.
    Kennedy’s bill would also clarify that a person who exposes personal data is subject to prosecution for every taxpayer whose data he or she leaked. The Biden Justice Department recently employed a political maneuver by charging Charles Littlejohn with one count of improperly disclosing tax return information even though he stole tax return information for thousands of Americans. Under this bill, criminals who share data from multiple Americans would not be able to avoid prosecution for multiple counts.
    Background:
    In 2019, Internal Revenue Service contractor Charles Littlejohn illegally leaked the tax returns of President Donald Trump to the New York Times. 
    In 2020, Littlejohn also illegally disclosed the tax information of roughly 7,600 individuals and 600 entities to ProPublica for political purposes.
    In 2023, the Department of Justice announced it was charging Littlejohn with just one count of disclosing tax return information without authorization despite his distributing the information of thousands of Americans.
    The judge overseeing the case ultimately sentenced Littlejohn to five years in prison and a $5,000 fine because the law did not allow a more appropriate punishment. 
    The full bill text is available here.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Belt-Road tax forum held

    Source: Hong Kong Information Services

    The three-day 5th Belt & Road Initiative Tax Administration Cooperation Forum (BRITACOF) opened today at the AsiaWorld-Expo, marking the first time for Hong Kong to host the forum.

    Themed “Deepening Tax Administration Cooperation for High-Quality Belt & Road Development”, the forum gathered more than 400 tax officials, tax experts, as well as representatives from international organisations, academic institutions and enterprises from different countries and regions to discuss emerging tax issues and exchange tax administration experiences.

    In his welcome address, Chief Executive John Lee said tax administration plays a crucial role in ensuring sustainable development. Efficient tax systems provide the essential resources for the delivery of public services and infrastructure.

    Mr Lee noted that Hong Kong believes transparent and fair tax policies could foster trust among investors, governments and taxpayers.

    As a champion of free and multilateral trade, Hong Kong supports the co-ordinated efforts of the international tax community, actively engaging in initiatives designed to bring economies together, he added.

    On the margins of the forum, Mr Lee met Commissioner of the State Taxation Administration Hu Jinglin and witnessed the signing of a memorandum of understanding (MOU) on tax co-operation within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) among the finance and taxation departments of Guangdong Province, Shenzhen, the Hong Kong Special Administrative Region and the Macao SAR.

    The MOU will promote the co-ordination of tax administration and services in the GBA. The deepened tax co-operation in the GBA can enhance Hong Kong’s tax competitiveness and create a more favourable business environment.

    Speaking at the welcome dinner, Secretary for Financial Services & the Treasury Christopher Hui said that BRITACOF is a crucial and exemplary international platform designed to enhance co-operation among tax administrations along the Belt & Road.

    Mr Hui added that Hong Kong is also fully supportive of the international standard of tax information exchange to avoid tax evasion. By endorsing and implementing these standards, Hong Kong ensures that Belt & Road projects involving Hong Kong companies adhere to the highest international benchmarks in terms of tax governance and transparency.

    In addition, during BRITACOF, Mr Hui held bilateral meetings separately with representatives from Kazakhstan, Maldives, Tajikistan and Türkiye to discuss deepening tax co-operation at the international and Belt & Road levels.

    This year’s forum gathered more than 400 tax officials, tax experts, as well as representatives from international organisations, academic institutions and enterprises from different countries and regions to discuss emerging tax issues and exchange tax administration experiences.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Kennedy, Scott introduce bill to help Americans access capital, make investments and hold SEC accountable

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)
    WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, today joined Sen. Tim Scott (R-S.C.) and colleagues in introducing the Empowering Main Street in America Act to promote Americans’ access to capital and investment opportunities. The legislation also fosters transparency of the Security and Exchange Commission (SEC) so that regulators are held accountable to the public.
    “Every day, the American dream is becoming less attainable thanks to government bureaucracy. Louisianians and all Americans deserve a level playing field when it comes to accessing capital and making investments. I’m proud to help introduce the Empowering Main Street in America Act to ensure that small businesses and job creators in every corner of our country have the tools they need for financial prosperity and security,” said Kennedy. 
    “Our capital markets system is the envy of the world and has helped many Americans build wealth and save for their futures. But unfortunately for individuals in communities like the one I grew up in, investing in a local venture or raising capital to grow a business seems out of reach. We need to change that – and this comprehensive legislation will create economic opportunity and provide more Americans with the resources necessary to achieve financial security for their families and realize their version of the American Dream, while ensuring small business owners can access capital to grow and innovate,” said Scott. 
    The legislation would:
    Reverse burdensome regulations to help entrepreneurs, small business owners and public companies raise funding in rural and metropolitan areas alike. 
    Expand the criteria that everyday Americans must meet in order to qualify as accredited investors. 
    Improve the readability, clarity and accessibility of information that retail investors need to make informed decisions.
    Ensure the SEC is transparent by holding it accountable to Congress and the public by broadening oversight provisions in the Dodd-Frank Act. 
    Sens. Mike Crapo (R-Idaho), Mike Rounds (R-S.D.), Thom Tillis (R-N.C.), Bill Hagerty (R-Tenn.), Cynthia Lummis (R-Wyo.), Katie Britt (R-Ala.), Kevin Cramer (R-N.D.) and Steve Daines (R-Mont.) also cosponsored the legislation. 
    The full bill text is available here.  

    MIL OSI USA News –

  • MIL-OSI Global: The rise of the ‘megapub’: is bigger really better?

    Source: The Conversation – UK – By Rachael. E. Rees-Jones, Lecturer in Strategy, University of South Wales

    shutterstock niksdope/Shutterstock

    Wetherspoons has unveiled its latest venture at London’s Waterloo Station – a vast new pub called The Lion & The Unicorn. This so-called “Superspoons” is part of a growing trend in the UK’s hospitality industry, where ever-larger venues are reshaping traditional experiences.

    With its prime location and expansive layout of 5,000 sq ft and almost 600 seats, the venue’s opening marks what some business commentators are describing as the dawn of the “megapub” era, where bigger seems to mean better for chains like Wetherspoons.

    Megapubs are designed to offer more than just a quick pint. These vast, multi-purpose venues aim to cater to a variety of needs throughout the day, from morning coffee and business lunches to evening meals and live entertainment. The inclusion of extensive seating, diverse menus and designated zones for different activities – such as socialising or working on a laptop – aim to attract a broad range of customers.

    By offering an all-in-one experience, they are deliberately designed to stand apart from the traditional pub model. And they are positioning themselves as destinations rather than typical pubs.

    True to Wetherspoons’ business model, the new megapub promises competitive prices on food and drink, which may make it an attractive option for budget-conscious customers. By offering a variety of experiences under one roof, megapubs are attempting to tempt customers inside with convenience, variety and affordability all in one package, while also feeling part of a community.

    What could it mean for the hospitality sector?

    One major concern over the onset of the megapub is the potential impact on smaller, independent pubs and restaurants. Over the last ten years, pubs have been closing at an alarming rate, as publicans struggle with rising supply costs and overheads. A growing number of young people are also choosing to abstain from alcohol. Such factors have reduced the demand for traditional pubs.

    Megapubs, with their size and pricing power, could exacerbate these challenges by drawing customers away from independent venues that struggle to compete on price or scale. This may be especially true of those relying on niche markets or unique experiences.

    While it is still early days, and the effects of the megapub are yet to unfold, experts are already questioning whether this could change the way we socialise. By combining affordability with a range of amenities, megapubs like the new “Superspoons” may set new expectations for what a pub experience should be. Instead of visiting multiple locations for different activities, people may prefer to spend their leisure time in a single, multi-functional venue where they can socialise, dine and work.

    Wetherspoons is not the only company experimenting with this new model. Across the hospitality and retail sectors, businesses are increasingly seeking to create more versatile spaces to attract a broader customer base.



    Read more:
    Youth drinking is declining – myths about the trend, busted

    So, could we see more companies following Wetherspoons’ lead? Given the current economic conditions, where many consumers are tightening their belts, it seems probable. This could be the beginning of a long-term shift towards larger, multi-functional venues. Of course, it may just be a temporary response to the challenges of the present market.

    Economically, this concept appears to be well-suited to the financial challenges and uncertainty of our current times, as increasingly isolated people look for cost-effective ways to dine and socialise. Offering both affordability and a wide range of options, these venues could thrive during economic downturns by drawing in budget-conscious consumers.

    Whether you’re a fan of the traditional pub or intrigued by new concepts like the “Superspoons”, it’s clear that the way we socialise is evolving. As hospitality businesses continue to push boundaries, we may see a significant change in how we spend our leisure time and money.

    Rachael. E. Rees-Jones does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The rise of the ‘megapub’: is bigger really better? – https://theconversation.com/the-rise-of-the-megapub-is-bigger-really-better-238629

    MIL OSI – Global Reports –

  • MIL-OSI Global: Can cryptocurrencies ever be green?

    Source: The Conversation – UK – By Jean Bessala, Lecturer in Finance, Salford Business School, University of Salford

    Mabeline72/Shutterstock

    Cryptocurrencies have been condemned over their environmental record at a time when
    traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be until crypto earns its green credentials?

    Green investments are assets like bonds that pay for projects with positive environmental and social outcomes. Green bonds for example, contribute to cuts in greenhouse gas emissions, an increase of renewable energy capacity and uptake in clean transport infrastructures.

    Crypto investments on the other hand are widely seen as environmentally unfriendly, mainly because of crypto mining and the huge energy it demands. Mining in the context of crypto refers to a mechanism called “proof of work” (POW) where crypto “miners” use specialised computers to solve complex mathematical equations to secure transactions and create new coins. This is where the energy use comes in.

    Agencies and organisations like the International Energy Agency and the United Nations have raised concerns about the effects of crypto mining – particularly Bitcoin, the best-known crypto asset.

    The environmental footprint of crypto

    The United Nations University Institute for Water, Environment and Health estimated that in 2020-2021, Bitcoin networks had significant carbon, water and land footprints. Bitcoin’s carbon footprint was equivalent to burning 38 billion tonnes of coal, while its water footprint (mainly used for cooling systems) would have met the domestic water needs of more than 300 million people in sub-Saharan Africa.

    The Cambridge Blockchain Network Sustainability Index puts the electricity consumption of Bitcoin networks above those of several developed countries, including Norway and Sweden. For investors who are serious about achieving ESG goals, this aspect of crypto would likely be a deal-breaker.

    It is also made difficult by the lack of regulations around crypto activities. After years of being on the fringes of financial markets and being considered a “get-rich-quick” venture, crypto investments are becoming mainstream. But there is still little regulation to protect investors and ensure participants adopt practices that are in line with ESG values.

    Sceptics point out the major issues plaguing these markets including the use of cryptocurrencies and platforms for money-laundering, scamming, and price manipulation.

    So it is certainly hard to make a green case for crypto. But at the same time, it would be misleading to look only at one side of the coin. The fact is that crypto has a challenging but reachable path towards being widely accepted as green.

    Decarbonising the crypto industry

    First and foremost, the industry itself has recognised the need to change practices and processes to become more sustainable. In 2021, a significant number of players in the crypto industry signed the crypto climate accord (CCA) with the long-term target of decarbonising the global crypto industry by 2040.

    The CCA set two interim objectives. The first was the development of standards and technologies to have 100% renewably powered blockchains as soon as 2025. The second aim states that signatories should achieve net-zero emissions from electricity consumption by 2030.

    Recent developments in technology suggest the industry has started putting plans into action, with the appearance of sustainable tools and infrastructures.

    Several companies such as Mara and Argo are working on technologies like energy-efficient immersion cooling systems that significantly reduce the energy consumption required for mining.

    When cryptocurrency Ethereum changed its processes, it cut its energy use by close to 100%.
    rafapress/Shutterstock

    These companies are also developing systems that can recycle heat produced by digital assets and from data centres, and redirect it to provide energy to communities. The implementation of these technologies is facilitated by the relative mobility of crypto miners and the opportunities that some governments and regions offer to them.

    In addition, the crypto industry has seen the emergence of self-proclaimed environmentally friendly cryptocurrencies, such as Cardano public blockchain and Powerledger. These currencies use a less energy-intensive mechanism called “proof-of-stake” (POS) rather than POW.

    Unlike POW, POS miners must stake their holdings (the amount of cryptocurrency) when validating and verifying transactions and records. So if a miner tries to falsify records, they could potentially lose their stake. The process removes the need for the complex computer calculations and so cuts the energy use dramatically. In fact, in 2022, the cryptocurrency Ethereum transitioned from POW to POS, reducing its energy consumption by nearly 100%.

    The path towards green crypto is being eased by institutions like the Financial Stability Board, which is taking steps to provide frameworks for understanding, compliance and achievements of ESG goals and values.

    Together, these elements could open the door to a future where conscious investors can take a chance on cryptocurrencies.

    Jean Bessala does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Can cryptocurrencies ever be green? – https://theconversation.com/can-cryptocurrencies-ever-be-green-238359

    MIL OSI – Global Reports –

  • MIL-OSI USA: Babin, Garamendi, Cruz, Warren Introduce Bipartisan RIDER Act to Improve Federal Assistance to Communities Recovering from Major Disasters

    Source: United States House of Representatives – Representative Brian Babin (R-TX)

    WASHINGTON, DC – U.S. Congressmen Brian Babin (TX-36) and John Garamendi (CA-08) and Senators Ted Cruz (R-TX) and Elizabeth Warren (D-MA) introduced the Regional Impact of Disasters and Emergencies Relief (RIDER) Act to improve access to and delivery of federal relief to disaster-struck communities. This bipartisan, bicameral bill would amend existing law to ensure bureaucratic technicalities do not keep desperate families, businesses, and communities from accessing the resources they need for recovery.

    “To often, after a natural disaster, we have seen impacted communities excluded from financial help because of technicalities or subjective standards. In recent years, several communities in Southeast Texas were hit by major disasters but were excluded from any public or individual assistance – even though their property lines were mere yards away from where the federally declared disaster was issued. My goal with the RIDER Act is to ensure that whenever the government steps in after a major disaster declaration, impacted businesses and homes are not left out. Instead, we need to make sure they receive the relief and resources necessary to recover fully. This legislation is a much-needed solution to a problem we encounter nearly every year. Commonsense reforms like this, aimed at making it easier for people stuck in the challenge of navigating natural disasters, are crucial. I appreciate Rep. Garamendi and our partners in the Senate for joining us in pushing this important bill forward,” said Congressman Babin.

    “Natural disasters don’t care about county lines, and neither should FEMA’s disaster recovery efforts. Our bipartisan bill ensures communities recovering from natural disasters get the federal support they deserve, just like their neighbors in a declared disaster area. Congressman Babin and I introduced this commonsense reform in 2021, and I’m pleased to partner with Senators Warren and Cruz this year. As California continues to face devastating climate-fueled disasters, we need all the help we can get,” said Congressman Garamendi.

    “Texas is no stranger to natural disasters, and we must do more to ensure our communities can rebuild in times of need. That’s why I’m focused on enhancing the disaster declaration process, ensuring Texans – from small towns and rural areas – can access the resources needed to restore our homes, businesses, and livelihoods. I am proud to partner with Senator Warren and Congressman Babin to introduce bipartisan legislation to ensure no community is left behind in the wake of catastrophe,” said Senator Cruz.

    “The growing climate crisis means natural disasters and emergencies are only going to become more common. Part of tackling the crisis head-on is making sure we’re ready to deliver critical relief to impacted communities when they need it most – the RIDER Act does exactly that,” said Senator Warren.

    BACKGROUND

    The RIDER Act will:

    • Improve the distribution of disaster relief funds by making all communities directly affected by a major disaster eligible for federal relief, regardless of county or state lines.
    • Enable the Federal Emergency Management Agency (FEMA) to declare major disasters based on cumulative damage to a community over a 12-month period, addressing concerns that existing federal regulations do not sufficiently account for the impact of cumulative disasters on a region.

    ###

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Scottish Government must use powers to full extent

    Source: Scottish Greens

    24 Sep 2024 Finance

    The Scottish Government has the responsibility to use the powers it has to the maximum, and it’s not yet doing so

    More in Finance

    The Scottish Government must use the powers of devolution to the full extent to build a fairer, greener Scotland and offset some of the damage being done from Westminster, says Scottish Green co-leader, Patrick Harvie MSP.
     
    In a debate today on The UK Budget – Scotland’s Priorities, the Scottish Greens called for the new Labour government to reject the broken economic policies of the Tories and for the SNP to go further in its use of existing powers now and as part of the upcoming Scottish budget.
     
    Speaking in the chamber today, Mr Harvie called for the Scottish Government to prioritise projects that will cut climate emissions.
     
    Mr Harvie said: “This government and this parliament still have the responsibility to use the powers we have to the maximum, and we’re not yet doing so.
     
    “The Scottish Greens have made the case for policies like the Scottish Child Payment and others. We’ve also successfully brought to the chamber the solutions that show how we can pay for them.
     
    “It’s because of the work of the Scottish Greens that we have progressive taxation in this country and an extra £1.5 billion in the Scottish budget every year. It’s because of the work of the Scottish Greens that we have already made progress on more local powers, whether that’s powers to double council tax on second and empty homes, the introduction of the Transient Visitor Levy or the workplace parking levy as options for councils. There is more to come with the carbon land tax and others.
     
    “We need to go further on this and, finally, we need to cut unsustainable investment in those high cost, high carbon pieces of infrastructure and invest instead in what will cut costs and cut emissions, like energy efficient homes and buildings that use renewables and not fossil fuels.
     
    “The Scottish Government will have to go further with the powers it does have.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: Trash to Treasure: Could energy wastewaters be a viable source of lithium?

    Source: US Geological Survey

    Global demand for lithium has skyrocketed as the need grows for batteries to power electric vehicles and store energy generated by wind turbines and solar panels. 

    USGS estimates show that there is likely enough lithium in the Earth’s crust to meet demand several times over, but accessing it can require large amounts of energy, water and infrastructure. The challenge is getting lithium quickly, efficiently and with minimal environmental impact.

    That’s why USGS scientists are looking for it in a surprising place.  

    In 2023, over 10 times as much lithium was produced from mines than in 2003. This increase in production reflects the rising demand for lithium.

    From Trash to Treasure?  

    Each year, billions of gallons of saline water are pumped from deep underground to the surface during oil and gas production. These brines, known as “produced waters”, can be ten times saltier than seawater and can be contaminated with oils, greases and heavy metals that must be pumped back into the ground or intensively treated.  

    But these waters also contain lithium and other valuable materials.   

    “Treating waste as a potential resource is a crucial shift for the energy and mineral fields,” said Sarah Ryker, PhD, USGS Associate Director for Energy and Minerals. “Every state, and every country, has legacy waste from extractive industries. A key question is how much of that waste could be put to use to strengthen energy and mineral supply chains.”  

    Lithium is typically difficult to access. The highest concentrations of lithium are in rocks called pegmatites formed deep under the ground, often at the edge of ancient and vast volcanic systems. Mining these pockets of lithium-rich minerals is expensive, energy and water intensive and can impact local water and air quality.  

    Instead, much of the lithium produced in the world comes from the briny waters within arid salt flats. Here, lithium-rich fluids are caught in low-lying areas and concentrated over time by high evaporation rates. Producing lithium from brines is typically less expensive and energy intensive than mining hard rock, but still requires considerable infrastructure including a large network of evaporation pools.

    Recovering lithium during oil and gas production could provide a new way to meet demands for lithium and other valuable minerals.

    To understand how feasible this method might be, however, scientists must know where lithium-rich produced waters might be, and how much lithium they could contain.   

    Studying the Brines 

    USGS scientists are working to understand the geologic conditions that create lithium-rich brines and identify locations with potentially high lithium concentrations.  

    One tool in this hunt is the U.S. Produced Waters Database, a compilation of geochemical information from roughly 113,000 produced water samples analyzed by USGS, academia, private industry, and other federal and state agencies.  

    Madalyn Blondes, PhD, co-lead of the has worked on the database for over a decade and explains that many of these samples were taken before lithium was in demand, but that the routine lithium measurements are now proving invaluable.  

    “This database lets us look across the nation to identify national and regional trends in lithium concentration, as well as understand resource availability at the local scale,” Blondes said.  

    The USGS U.S. Produced Waters Database is an important tool for understanding the potential for recovering valuable commodities, including lithium, during oil and gas production. This map shows the locations of more than 6500 measurements of lithium concentration in oil and gas wastewaters. 

    This extensive dataset can also be combined with machine learning algorithms to predict how much lithium is in locations that haven’t been sampled. Katherine Knierim, PhD, USGS research hydrologist has been working on estimating the total lithium that could be recovered from oil and gas production in the Smackover formation in southern Arkansas, a hotspot of petroleum production with promising lithium concentrations. 

    “We’re at a really exciting time where we have both the computing power and the incoming data to run these models and predict where energy and mineral commodities may occur at significant concentrations,” said Knierim.  

    Down the hall from Knierim, a more micro approach is in action. Here, scientists in the USGS Brine Research Instrumentation and Experimental (BRInE) Laboratory painstakingly measure the concentrations of lithium and other commodities in samples taken at oil and gas wells. Scientists also heat up fragments of rocks taken from deep underneath the ground to mimic the geologic conditions that leach lithium into underground fluids.  

    “At the USGS, we have both the technical knowledge of how to analyze the samples and an understanding of the geologic context from our research,” said Blondes.  

    Researchers are beginning to understand how rock-type, chemistry and pressure interact to create valuable brines.  

    “I think lithium recovery from energy wastewaters has real potential,” Blondes said, “The data are showing that there are high concentrations of lithium in places across the country where it could be a really important resource. And the infrastructure to produce it is already there.” 

    USGS scientists process samples of brines from an oil and gas production site in the Smackover Formation in Southern Arkansas. These samples are transported to Reston, VA where scientists will use them to estimate how much lithium or other mineral commodity is concentrated in the brines. 

    This research can also be applied beyond petroleum production: USGS scientists are using the same principles to identify locations where geothermal energy and lithium could be produced side-by-side. 

    One location is of particular interest: the Salton Sea in California.  

    In 2021, USGS partnered with the Department of Energy in an initiative known as GeoFlight to send low-flying aircraft across the area to gather magnetic, radiometric and elevation characteristics of rocks above and below the ground.   

    USGS scientists are currently analyzing these data to understand how heat and fluids are generated and transported through the earth, and what locations could be both geothermal and lithium hotspots.  

    Science for the Future 

    Ryker explains this research is not only illuminating a potential avenue to help meet demands for lithium and low-carbon energy: it also demonstrates the power of thinking about any geologic resource as a circular economy, where wastes can feed back into production.  

    “Our science is identifying ways to turn waste into an opportunity, not only a liability,” said Ryker. “Our goal is to bring this science to bear on both clean-up at legacy waste sites and waste management at present-day sites.” The USGS is also researching the potential of recovering minerals from wastes left behind historic mines, and from modern-day mining. 

    Several companies have already launched pilot programs to recover lithium and other valuable materials from produced waters. If scaling up recovery of minerals from energy wastes proves to be economically and technologically feasible, produced waters, long seen as streams of waste, may be seen with new eyes as streams of resource.  

    In which case, USGS science will be more important than ever in deciding how best to use the resources below our feet.   

    MIL OSI USA News –

  • MIL-OSI USA: Help Remains After Disaster Recovery Centers and FEMA Registration Period Close

    Source: US Federal Emergency Management Agency

    Headline: Help Remains After Disaster Recovery Centers and FEMA Registration Period Close

    Help Remains After Disaster Recovery Centers and FEMA Registration Period Close

    Cape Girardeau, MO – FEMA’s Sept. 23 registration deadline has passed. State/federal Disaster Recovery Centers have closed. Now what do you do if you still need help with your FEMA case? 

    “We’re just a phone call away,” says David Gervino, FEMA Federal Coordinating Officer. “FEMA has a helpline staffed with operators who can provide the status of your case once you have applied, update your case with new information, help you understand your grant award or explain how to appeal a FEMA decision.” 

    The FEMA Helpline is a free call and available daily from 7 a.m. to 10 p.m. local time. There is no limit to the number of times you can call the Helpline. Translators are available to assist those who speak limited or no English.

    “We know that some Missourians have just recently applied for assistance just ahead of the September twenty-third deadline,” Gervino added. “Please be assured that we will continue to work on your case past that deadline until we have provided all the assistance for which you are eligible. The important thing is that you stay in touch with FEMA while you work through your recovery.” 

    While FEMA funds can be used for many essential recovery needs, they generally will not pay for all disaster-related expenses a survivor incurs. Many other government and voluntary agencies have resources that can help with those costs too. 

    Other Helpful Numbers: 

    Missouri 2-1-1 

    • Hotline run by the United Way that can refer callers to a multitude of agencies and/or organizations to get help with other unmet needs. To access, dial 2-1-1.

    Disaster Legal Services: 1-800-829-4128  

    • Messages can be left around the clock. The service is available until further notice.
    • Callers can receive help with legal issues including the following:
    • FEMA, U.S. Small Business Administration and other public assistance financial benefits including disaster unemployment insurance claims    
    • Price-gouging, scams, or identity theft
    • Home repair contracts and property insurance claims
    • Mortgage-foreclosure and home-ownership issues 
    • Landlord/tenant problems
    • Replacement of wills and other vital documents destroyed in the storms
    • Disability-related access to federal, state and local disaster programs.
    •  

    For more information about available legal services and resources in Missouri, go online to: www.Missourilawyershelp.org.

    The U.S. Small Business Administration (SBA) Customer Service Center: 1-800-659-2955              

    • 8 a.m. to 8 p.m. Eastern Time, Monday through Friday. For those who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.
    • SBA offers which offers low-interest disaster loans to eligible applicants, has a Customer Service Center that can answer questions and assist with SBA applications. 
    • Email support also is available at disastercustomerservice@sba.gov. Applicants can access their SBA lending portal by visiting https://lending.sba.gov 
    • The Economic Injury Disaster Loan application deadline for businesses and nonprofit organizations is April 23, 2025. 

    Disaster Distress Helpline: 1-800-985-5990 

    • 24 hours/7 Days a Week
    • Free, confidential crisis/mental health support for those impacted by a disaster. Multilingual. You can remain anonymous. 

    For more disaster-related information and/or to learn how to be better prepared for emergencies, visit the Missouri State Emergency Management Agency online at www.sema.dps.mo.gov or FEMA at www.fema.gov. Disaster-specific information can be found at www.fema.gov/disaster/4803. 

    FEMA is committed to ensuring disaster assistance is accomplished equitably, without discrimination on the grounds of race, color, national origin, sex, sexual orientation, religion, age, disability, English proficiency, or economic status. Any disaster survivor or member of the public may contact the FEMA Office of Civil Rights if they feel that they have a complaint of discrimination.  FEMA’s Office of Civil Rights can be contacted at FEMA-CivilRightsOffice@fema.dhs.gov or toll-free at 833-285-7448. Multilingual operators are available. 

    martyce.allenjr

    MIL OSI USA News –

  • MIL-OSI Translation: Government of Canada launches Canada’s Action Plan to Combat Hate

    MIL OSI Translation. Canadian French to English –

    Source: Government of Canada – in French 1

    Press release

    OTTAWA, September 24, 2024

    In recent years, Canada, like other countries, has seen an alarming rise in hate both in neighbourhoods and online. The federal government is committed to doing everything it can to protect all people living in Canada, as well as resilient and diverse communities across the country, and to ensuring that everyone can thrive while being themselves.

    The increase in hate incidents has disproportionately impacted Indigenous peoples; Black, racialized, religious minority and 2SLGBTQI communities; women; and persons with disabilities. Hateful behaviour not only harms those targeted, but also impacts Canadian society as a whole, undermining social cohesion and posing a threat to national security.

    That’s why today, the Honourable Kamal Khera, Minister of Diversity, Inclusion and Persons with Disabilities, unveiled Canada’s Action Plan to Combat Hate. This action plan represents Canada’s first-ever whole-of-government effort to combat hate. It brings together 20 key federal programs under three pillars.

    Providing the means communities to detect and prevent hate. Support victims, survivors and protect communities. Build community trust, partnerships and institutional capacity.

    Through the Action Plan, the Government of Canada is investing $273.6 million over six years, and $29.3 million per year ongoing, to address hate from a variety of perspectives. The funding will increase support for victims and survivors; help communities prevent and respond to hate, and protect their members from it; improve research and data collection; provide more resources to law enforcement; and increase public awareness.

    Every person has the right to be safe and treated with dignity. We will work with provincial, territorial and international governments; First Nations, Inuit and Métis partners; and cities and communities across Canada to make this happen. Canada’s Action Plan to Combat Hate will help us continue to build a safer, more inclusive Canada where people can succeed, no matter who they are, who they love or what they believe.

    Quotes

    “Everyone has the right to feel safe, no matter who they are, what they look like or what they believe. We are all alarmed by the tragic consequences of hate, both in Canada and abroad. Hate has no place in Canada, whether in person or online, in schools or places of worship. Our government is committed to keeping every community safe across the country, because when one person is subjected to hateful behaviour, everyone suffers the consequences. Canada’s first-ever Action Plan to Combat Hate represents an unprecedented whole-of-government effort to combat hate while providing increased support to victims of hate and communities at risk. As we navigate these challenging and difficult times, we must stand up for who we are as a country – a country that is strong in its diversity and where people can be themselves and pursue their dreams without fear.”

    – The Honourable Kamal Khera, Minister of Diversity, Inclusion and Persons with Disabilities

    “Hate, in all its forms, has no place in Canada. Every person has the right to feel and be safe in their homes and communities. We all have a role to play in combating discrimination and promoting a fairer, safer and more inclusive Canada. The Diversity of Voices Fund is part of Canada’s Action Plan to Combat Hate. It will help break down systemic barriers and elevate diverse voices in the arts, culture and media sectors. The Fund will also ensure that their experiences and perspectives are better represented and advance the fight against racism, equity, diversity and inclusion in the culture and media sectors.”

    – The Honourable Pascale St-Onge, Minister of Canadian Heritage

    “In response to the increase in hate crimes, our government is taking action to ensure that at-risk communities receive financial support to protect their institutions. Canada’s new Community Safety Program is designed to be simpler, more flexible and more generous, in response to requests from community organizations across the country.”

    – The Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs

    “Everyone should be able to bring their true selves to life without fear of reprisal, but we know that discrimination based on sexual orientation, gender identity and expression remains a reality in Canada. This is unacceptable and must end. Canada’s Action Plan to Combat Hate complements the measures we have taken to protect and support Canadians since 2015, including the Federal 2SLGBTQI Action Plan . These measures have all been implemented with the stories and experiences of individuals and communities across Canada in mind. As always, we stand in solidarity with all communities who have experienced hate and will not hesitate to use all means at our disposal to protect and support them.”

    – The Honourable Marci Ien, Minister of Women and Gender Equality and Youth

    “We expect to feel safe in our homes, neighbourhoods and communities. That is why we introduced Bill C-63, an important part of Canada’s Action Plan to Combat Hate. We know that online harm can have tragic and even fatal consequences in the real world. This bill aims to ensure the safety of all Canadians in an online world that seems increasingly dangerous and toxic by the day. This means that women, racialized people, transgender people and people of diverse faiths and backgrounds will be able to go to their places of worship, community centres, schools and offices without fearing that threats in the online world will translate into real-world danger.”

    – The Honourable Arif Virani, Minister of Justice and Attorney General of Canada

    “Canada is as innovative as it is diverse, and it does best when everyone has a fair chance to reach their full potential, free from hate and discrimination. Through Canada’s Action Plan to Combat Hate, we are standing up to hate and protecting Canadians. And Statistics Canada will play a key role in researching and collecting the data needed to build a safer, more resilient society.”

    – The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

    “Canada is a country rich in diversity, where every person deserves to feel safe and respected. That is why today we are launching Canada’s first Action Plan to Combat Hate, a $273 million commitment to building a safer Canada for everyone.”

    – Sameer Zuberi, Parliamentary Secretary to the Minister of Diversity, Inclusion and Persons with Disabilities

    Quick Facts

    In Budget 2022, the Government of Canada committed $85 million over 4 years, starting in 2022–23, to Canadian Heritage to launch and implement the new Anti-Racism Strategy and a National Action Plan to Combat Hate. Budget 2024 provides an additional $273.6 million over 6 years, starting in 2024–25, and $29.3 million per year ongoing to support Canada’s Action Plan to Combat Hate. The Action Plan brings together major programs delivered by federal departments and agencies, including Canadian Heritage, Public Safety Canada, Justice Canada, the Royal Canadian Mounted Police, Women and Gender Equality Canada, Statistics Canada and the Canadian Race Relations Foundation.

    According to the Statistics Canada July 2024 data release, the number of police-reported hate crimes increased from 3,612 in 2022 to 4,777 in 2023 (a 32% increase), and some victims may not have reported a hate crime. This follows an 8% increase in 2022 and a 72% increase between 2019 and 2021. Overall, the number of police-reported hate crimes has more than doubled since 2019 (a 145% increase).

    Canada’s Action Plan to Combat Hate includes the work of the Special Envoy on Preserving Holocaust Remembrance and Combating Anti-Semitism and Canada’s first Special Representative on Combating Islamophobia

    Public Safety Canada’s new Community Safety Program (CSPP) (formerly the Communities at Risk Security Infrastructure Program) is also part of Canada’s Action Plan to Combat Hate. The CSPP makes it easier and more effective for communities and organizations at risk of hate crime to access security support when they need it.

    The Action Plan is part of efforts to further reduce the risk of exposure to harmful content online through Bill C-63, which proposes to create a new Online Harms Act to strengthen protections for the most vulnerable groups. To this end, the Government of Canada tabled in the House of Commons the Bill C-63, An Act to enact the Online Harms Act, to amend the Criminal Code, the Canadian Human Rights Act and the Act respecting the mandatory reporting of Internet child pornography by persons who provide an Internet service and to make consequential and related amendments to other Acts.

    Canada is a signatory to theChristchurch Call to Eliminate Violent Extremism and Terrorism on the Internet (Christchurch Call to Action). This is an agreement signed by 56 governments, as well as online service providers and civil society organizations, to coordinate efforts to eliminate terrorist and violent extremist content online. The Government of Canada reiterates its commitment to advance the Christchurch Call to Action as part of Canada’s Action Plan to Combat Hate.

    Canada’s Anti-Hate Action Plan complements Canada’s Anti-Racism Strategy 2024–28: Changing Systems to Transform Lives. Through these two initiatives, the government is implementing a comprehensive and intersectional approach to combating hate, racism and discrimination.

    Related products

    Related links

    Contact persons

    For further information (media only), please contact:

    Waleed Saleem Press SecretaryOffice of the Minister of Diversity, Inclusion and Persons with Disabilitieswaleed.saleem@hrsdc-rhdcc.gc.ca

    Media RelationsCanadian Heritage819-994-91011-866-569-6155media@pch.gc.ca

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Security: Charter School Founder Pleads Guilty to Embezzling More Than $73,000 from Former School in Concord

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    CONCORD – A Boscawen woman pleaded guilty in federal court to stealing over $73,000 in U.S. Department of Education funds from the former Capital City Public Charter School in Concord, First Assistant U.S. Attorney Jay McCormack announces.

    Stephanie Alicea, 49, pleaded guilty to one count of theft from a program receiving federal funds. U.S. District Court Chief Judge Landya B. McCafferty scheduled sentencing for January 6, 2025.

    Alicea was the founder of the Capital City Public Charter School (“Capital City”) in Concord, New Hampshire. Capital City offered classes to several dozen students during the 2018-19 and 2019-20 school years. Alicea oversaw the school’s finances and day-to-day operations.  Capital City received federal charter school grant funds, which were to be used solely for education-related expenses.

    In spring 2020, an external auditor detected irregularities with Capital City’s finances.  Specifically, the auditor found that Alicea had spent some of the grant funds on expenses that were personal in nature, including gambling, dining, and travel. In total, Alicea stole $73,253.36 in federal grant funds from Capital City. 

    Capital City closed after the 2019-20 school year, surrendered its charter in February 2021, and declared bankruptcy in March 2021. 

    The charge of Theft from a Program Receiving Federal Funds provides for a sentence of up to 10 years in prison, up to 3 years of supervised release, and a fine of up to $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    The U.S. Department of Education’s Office of Inspector General and Federal Bureau of Investigation led the investigation.  Assistant U.S. Attorney Alexander S. Chen is prosecuting the case.

    ###

     

    MIL Security OSI –

  • MIL-OSI Global: UK oil and gas workers risk becoming the ‘coal miners of our generation’

    Source: The Conversation – UK – By Freddie Daley, Research Associate, Centre for Global Political Economy, University of Sussex

    Grangemouth oil refinery is set to close in 2025 with the loss of 400 jobs. orxy / shutterstock

    At the end of September, the UK’s last remaining coal power plant, Ratcliffe-on-Soar in Nottinghamshire, will be retired. The closure of the plant should – and will – be celebrated by environmentalists, as the move away from coal has made Britain’s electricity much cleaner over the past decade. It is on this basis that the UK claims climate leadership.

    In the 1950s, coal provided the overwhelming majority of British energy, and as recently as 2012 it still generated 40%. By 2022, it was less than 2%. In a month’s time, it will be zero.

    Phasing out coal was a brutal and profound process. Organised labour was decimated, entire regions were forced into decline, and communities were left with sustained economic, social and health problems. The towering ghosts of power stations like Ratcliffe-on-Soar will haunt Britain’s ongoing effort to phase out North Sea oil and gas and replace it with clean energy.

    Towering ghosts: Ratcliffe-on-Soar power station.
    The Exposure / shutterstock

    And we are witnessing this haunting in real-time. After the Labour government announced its plans to end new licenses for oil and gas in British waters – necessary to meet the Paris Agreement – workers and trade unions feared history would repeat itself in terms of job losses and blighted communities.

    The general secretary of Unite, Sharon Graham, noted that without a more thorough plan, the policy risked creating “the coal miners of our generation”. A recent motion at the Trades Union Congress (TUC) gathering in Brighton called for no ban on oil and gas licensing before a fully funded jobs guarantee is agreed. The motion narrowly passed.

    Workers and unions are demanding a “just transition” from polluting industries into the clean industries of the future. But to achieve this, the UK government must learn from what happened with coal.

    Many places still rely on oil and gas jobs

    Although oil and gas are not as embedded throughout British life as coal once was, there are many settlements and larger areas still dependent on energy jobs. Grangemouth in central Scotland is a good example. In November 2023, the owner, Petroineos, announced plans to close the town’s oil refinery in 2025, bringing a century of production to an end at the cost of 400 jobs.

    Even if the UK government did issue new oil and gas licences, the North Sea faces structural decline. Production peaked around the turn of the century. Since 2014, as many as 200,000 jobs have been lost either offshore or along the supply chain onshore.

    From gas to wind?

    Planning for the end of fossil fuels is therefore an urgent endeavour. The dominant strategy for protecting skilled jobs is to transition workers into the industries set to replace North Sea production: wind energy and other low-carbon technologies.

    However, though Britain has developed a large wind power sector, it remains a major importer of turbines. Domestic manufacturing makes only a small contribution, and developers are not required to use British-made turbines or other parts, despite the jobs this would create.

    This has left Grangemouth workers discontented. When one of us (Ewan Gibbs) and Riyoko Shibe interviewed young refinery workers at Grangemouth earlier this year, many commented that there were relatively few jobs in renewables. When jobs were visible on LinkedIn and comparable job sites, one told us that “you’ll see there’s a big difference in terms and conditions”.

    Wind farms are relatively easy to run once installed, so most jobs are in building them.
    Kevin Shipp / shutterstock

    In its current form, the UK wind industry will find it hard to provide the types of secure ongoing employment that oil and gas historically has. Most jobs are in the construction and maintenance of wind farms, with the latter threatened by automation. Without public investment and a targeted industrial policy, Britain will remain a net importer of wind technology, and the phasing out of North Sea oil and gas will prove costly in job terms.



    Read more:
    Grangemouth job losses are a stark reminder of the cost of a greener industrial future

    More investment needed

    Britain’s lack of state intervention is not the norm. After all, more than half of British wind farms are state-owned, though less than 1% are owned by the UK government. Swedish, Norwegian, French, Irish and German state-owned entities are major players, but the biggest is Denmark’s Ørsted, a former oil company turned renewables giant which is mostly state-owned. In the UK’s most recent offshore wind auction, 70% of the projects were awarded to Ørsted.

    The newly launched Great British Energy could give the state a foothold in the North Sea once more. This publicly owned company plans to focus on domestic manufacturing and will invest in ports and other infrastructures to “unlock strategic bottlenecks”.

    But if such projects are to be meaningfully incorporated into a just transition, they will need to offer continuity and security to oil and gas workers. As one Grangemouth worker put it, referring to his colleagues facing the choice of either remaining unemployed locally or relocating to use their skills:

    They’re moving to the Middle East, they’re moving to the north-east of Scotland. They’re moving offshore, they’re moving to the Shetlands, and therefore it’s not a just transition, in my view, if we’re moving to these jobs.

    Another worker highlighted the risks that Grangemouth could join the coalfields in becoming “stranded” communities:

    We’ve got a community that’s been built round the site, we’ve got skills and we’ve got people that work there, we’ve got the infrastructure there – why should we not have these jobs when the time comes to move to these industries? Why can we not have it at Grangemouth?

    Britain’s push to phase out oil and gas is urgent and necessary, but it cannot follow the same trajectory as Britain’s exit from coal – lessons must be learned. The opportunities presented by the transition away from fossil fuels will only be fully realised if workers are at its centre.

    Freddie Daley receives funding from UKRI for the SUS-POL project at the University of Sussex, which explores fossil fuel phase-outs around the world. Freddie also campaigns on demand reduction with Badvertising.

    Ewan Gibbs received funding from a British Academy Wolfson Fellowship that supported this research (grant number: WF21210099).

    – ref. UK oil and gas workers risk becoming the ‘coal miners of our generation’ – https://theconversation.com/uk-oil-and-gas-workers-risk-becoming-the-coal-miners-of-our-generation-239262

    MIL OSI – Global Reports –