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Category: Energy

  • MIL-OSI USA: FEMA Releases New Resources to Help Communities Prioritize Inflation Reduction Act Projects, Implement Low-Carbon and Net-Zero Energy Solutions to Promote National Resilience

    Source: US Federal Emergency Management Agency

    Headline: FEMA Releases New Resources to Help Communities Prioritize Inflation Reduction Act Projects, Implement Low-Carbon and Net-Zero Energy Solutions to Promote National Resilience

    FEMA Releases New Resources to Help Communities Prioritize Inflation Reduction Act Projects, Implement Low-Carbon and Net-Zero Energy Solutions to Promote National Resilience

    WASHINGTON — During Climate Week NYC, FEMA held the Climate Resilient Infrastructure: Building a More Sustainable Future Summit with public, private and academic partners to discuss and examine resilient infrastructure challenges and innovative solutions to address the impacts of climate change. 

    During the event, the agency released new resource documents to provide comprehensive guidance on how communities can incorporate low-carbon and net-zero energy practices into FEMA-funded projects. These efforts support the agency’s strategic goal of leading the whole community in climate resilience.

    “Investing in local infrastructure means putting aside money today to secure a brighter, more resilient tomorrow. Yet, many state, local, territorial governments and Tribal Nations lack the resources, time or expertise to identify financing mechanisms to invest in climate resilience,” said FEMA Administrator Deanne Criswell. “This new report serves as a critical resource to help communities invest in climate resilience, by identifying examples of how partnerships with the private sector can help break the cycle of response, recovery—rinse and repeat.”

    The Biden-Harris Administration’s Inflation Reduction Act allows FEMA to provide financial assistance for costs associated with low-carbon construction materials and incentives that encourage low-carbon and net-zero energy projects. Signed by President Joseph R. Biden in 2022, the act marked a historic commitment to build a new clean energy economy and tackle the climate crisis. 

    It is crucial for communities to build infrastructure that is not only resilient but also sustainable. FEMA released three new resources. These include: 1) the Low-Carbon and Net-Zero Energy Overview for Public Assistance and Hazard Mitigation Assistance; 2) the FEMA Fact Sheet on Low-Carbon Materials Projects, and 3) FEMA Fact Sheet on Net-Zero Energy Projects. 

    Resource Highlights

    • Detailed Guidance: The documents offer in-depth information on the use of low-carbon materials like concrete, asphalt, steel and glass as well as the implementation of net-zero energy practices.
    • Eligibility and Reimbursement: Applicants can qualify for and receive reimbursement for costs associated with these sustainable practices.
    • Real-World Examples: A roadmap of practical examples of successful projects that have utilized low-carbon materials or net-zero energy is included.

    FEMA may fund costs associated with low-carbon materials, even when the costs are higher than those for conventional materials, to help cut carbon pollution and build back cleaner and more resilient. These clean, climate-resilient considerations apply to five FEMA grant programs. These programs include the Hazard Mitigation Grant Program, HMGP Post Fire, Pre-Disaster Mitigation, Building Resilient Infrastructure and Communities and Public Assistance. 

    For more information, please visit FEMA.gov.

    erika.suzuki
    Wed, 09/25/2024 – 00:16

    MIL OSI USA News –

    September 29, 2024
  • MIL-OSI Economics: Panasonic Energy Releases “Integrated Report 2024”

    Source: Panasonic

    Headline: Panasonic Energy Releases “Integrated Report 2024”

    Osaka, Japan – September 25, 2024 – Panasonic Energy Co., Ltd., a Panasonic Group company, has released Integrated Report 2024 on the Sustainability page of the Panasonic Energy corporate website.

    This report is intended to help our various stakeholders deepen their understanding of Panasonic Energy by disseminating financial and non-financial information, including details of the growth strategy, performance and financial status, and environmental, social and governance initiatives. Notably, this report explains Panasonic Energy’s competitive advantages and strengths and contains more non-financial information than before, such as disclosure based on the TCFD(*1) recommendations. 
    Panasonic Energy will continuously endeavor to upgrade the report and deepen communication with its stakeholders as a member of the Panasonic Group.
    *1: Abbreviation for “Task Force on Climate-related Financial Disclosures”

    MIL OSI Economics –

    September 29, 2024
  • MIL-OSI China: Lebanon rolls out measures to shelter displaced, secure supplies

    Source: China State Council Information Office

    People fleeing from Lebanon are seen at the Jdeidat Yabous border crossing in the countryside of Damascus, Syria, on Sept. 24, 2024. [Photo/Xinhua]

    Lebanese ministers announced on Tuesday measures to shelter 27,000 displaced persons from southern Lebanon and suspension of educational activities until the end of the week due to ongoing Israeli raids.

    The 27,000 displaced were seeking refuge in 252 shelters, according to Lebanese Environment Minister Nasser Yassin.

    Yassin said in a press conference for the Ministerial Emergency Committee that “the national operations room and the Higher Relief Commission have been activated to secure the basic needs of the displaced.”

    For his part, Minister of Education and Higher Education Abbas Halabi suspended educational activities in the country until the end of this week while demanding that public schools be opened to receive the displaced.

    He said that in current circumstances, the closure of educational and vocational institutions in the governorates of the south, Nabatieh, Bekaa, Baalbek-Hermel, and the southern suburbs will be extended until the end of this week. The suspension of classes in schools and universities in the governorates of Beirut, Mount Lebanon, and North will also be extended, the minister added.

    Worries about food security and fuel shortages have prompted local citizens to stockpile food and fuel products, alarming officials about a potential rapid depletion of the country’s reserve stock.

    In this regard, Minister of Economy and Trade Amin Salam called on the public to rationalize the storage of food and vital commodities.

    “Let the goods be stored for a week or two or even a month and not more, to ensure that the rest of the citizens obtain their need for basic commodities under the current circumstances,” Salam said.

    He noted that the current wheat stock in the local market is adequate for at least two months and assured the public that supplies are being consistently secured.

    Fuel stations also witnessed a great demand in light of the escalation of Israeli raids, prompting Minister of Energy and Water Walid Fayyad to reassure citizens that “the necessary reserves of petroleum derivatives are available in the medium term.”

    Hezbollah and the Israeli army have been exchanging fire across the Lebanon-Israel border since Oct. 8, 2023.

    On Monday, Israel began its most extensive bombardment of Lebanon since 2006, resulting in more than 550 deaths, including civilians, and over 1,800 injuries across the country. The casualty tolls and the intensity of the attacks have caused panic among Lebanese people.

    MIL OSI China News –

    September 29, 2024
  • MIL-OSI Australia: Underlying inflation lowest in more than 30 months

    Source: Australian Treasurer

    New figures today show that underlying inflation has moderated substantially to its lowest level in more than thirty months and headline monthly inflation moderated substantially by 0.8 percentage points in August, returning to the RBA’s target band for first time since October 2021.

    These are very welcome and encouraging numbers.

    They show our policies are helping in the fight against inflation, but we’re not complacent because we know people are still under pressure.

    Monthly inflation was 2.7 per cent in the year to August 2024, down from 3.5 per cent in July 2024. It’s now less than half the 6.1 per cent we inherited and less than a third of its peak.

    Underlying inflation moderated to its lowest rate in more than 30 months. Annual trimmed mean inflation moderated to 3.4 per cent in the 12 months to August 2024, down from 3.8 per cent in July 2024 and 4.3 per cent at the election.

    Excluding volatile items and holiday travel, monthly inflation moderated to 3.0 per cent in August, down from 3.7 per cent in July.

    Non‑tradable inflation was 3.8 per cent in the 12 months to August 2024, down from 4.5 per cent in July 2024 and much lower than the 5.3 per cent we inherited.

    This shows we’ve made welcome and encouraging progress on inflation but we want it to moderate further and faster in quarterly terms as well.

    Our policies are making a positive difference, but they aren’t the only factor that led to this result with underlying price measures also moderating in today’s figures.

    This is a good result that shows we’re getting inflation under control but we’re not getting ahead of ourselves because we know it doesn’t moderate in a straight line.

    The monthly figures can jump around which is why the quarterly data is the official measure of inflation, but the moderation in today’s figures is very heartening.

    The quarterly data also confirms we’ve made welcome progress, with inflation half its peak and annual trimmed mean inflation having moderated for six consecutive quarters.

    It’s encouraging to see the progress in today’s figures, particularly as we saw core inflation rise in multiple G7 countries just last week.

    We recognise people are under pressure and we’re doing something about it.

    We’ve delivered the first back‑to‑back surpluses in almost two decades which the RBA Governor has said are helping in the fight against inflation.

    ABS data today again shows that inflation would be higher without our responsible cost‑of‑living relief.

    Rents increased 6.8 per cent in the year to August but without our largest increase to Rent Assistance in 30 years, they would have increased 8.6 per cent.

    Electricity prices fell 17.9 per cent in the year to August but without the energy rebates we are rolling out with the states, they would have decreased 2.7 per cent.

    Our economic plan is all about easing the cost of living and fighting inflation without crunching the economy and today’s data confirms our policies are making a meaningful difference.

    MIL OSI News –

    September 29, 2024
  • MIL-OSI Banking: Samsung Electronics Collaborates With Hyundai Motor and Kia to Further Expand the SmartThings Ecosystem

    Source: Samsung

    ▲ (From left) Chang Song, President and Head of Hyundai Motor Group Advanced Vehicle Platform (AVP) Division; Paul (Kyungwhoon) Cheun, President, CTO of DX Division at Samsung Electronics and Head of Samsung Research
     
    Samsung Electronics today announced the signing of a strategic technology partnership agreement with Hyundai Motor and Kia. The companies’ shared goal is to elevate users’ connectivity experiences by fully integrating the SmartThings IoT platform with Hyundai and Kia’s software-defined vehicles (SDVs).
     
    The signing ceremony was held at Samsung Electronics’ Seoul R&D Campus, with Samsung’s participants including Paul (Kyungwhoon) Cheun, President, CTO of Device eXperience (DX) Division and Head of Samsung Research; Seungbeom Choi, Executive Vice President and Head of Device Platform Center; and Chanwoo Park, Executive Vice President and Head of IoT R&D Team. Participants from Hyundai and Kia included Chang Song, President and Head of Hyundai Motor Group Advanced Vehicle Platform (AVP) Division and Haeyoung Kwon, Vice President and Head of Hyundai Motor Group Infotainment Development Center.
     
    Through this agreement, Samsung will integrate SmartThings with Hyundai and Kia’s next-generation infotainment system to offer a differentiated experience. First, they will introduce the global location solution function for vehicles and smart keys based on the SmartThings Find platform, which is a crowdsourced network of hundreds of millions of Samsung Galaxy devices that use the Bluetooth Low Energy (BLE) technology to report their location. Through the SmartThings Find service, users can locate vehicles using nearby Galaxy smartphones — even without a 4G or 5G cellular network connection — meaning drivers can more easily track down their cars in the event of them being lost or stolen.
     
    Additionally, drivers can use their Galaxy’s Quick Panel to control air conditioning and check their remaining range from their device. Vehicles can also be added to the connected SmartThings ecosystem, allowing users to return to a home with optimized conditions by controlling their Samsung air conditioners, air purifiers or other connected devices while driving home.
     
    As part of the agreement, Samsung will also continue collaborating with Hyundai and Kia to provide various AI-based services tailored to customer lifestyles and preferences. The companies will expand the use of SmartThings to include in-vehicle health monitoring via cameras and Galaxy devices, pet care solutions that optimize vehicle environments for pets, as well as integration with smart apartment solutions and SDVs.
     
    “Our goal is to enrich Hyundai Motor and Kia customers’ mobility experience by offering personalized services that extend beyond transportation, seamlessly integrating vehicles with smartphones,” said Chang Song, President and Head of Hyundai Motor Group Advanced Vehicle Platform (AVP) Division.
     
    “Through our collaboration with Hyundai and Kia, customers will experience the convenience of SmartThings not only at home but also in their vehicles, transcending space,” said Paul (Kyungwhoon) Cheun, President, CTO of DX Division at Samsung Electronics and Head of Samsung Research. “We will continue to expand the SmartThings ecosystem, offering new lifestyles and value to even more customers.”
     
     
    Consistent Steps Forward Enable Shared Progress
    In January this year, Samsung and Hyundai announced to partnership focusing on home-to-car and car-to-home services that connect smartphones, vehicles and home appliances. Based on this agreement, the two organizations have been working toward a reality in which a Samsung device can be used to seamlessly control a Hyundai or Kia vehicle — and home appliances can also be easily controlled from inside the vehicle.
     
    ▲ (From left) Jinhee Choi, Senior Executive Vice President of 42dot; Haeyoung Kwon, Vice President and Head of Hyundai Motor Group Infotainment Development Center; Chang Song, President and Head of Hyundai Motor Group Advanced Vehicle Platform (AVP) Division; Paul (Kyungwhoon) Cheun, President and Chief Technology Officer (CTO) of Device eXperience (DX) Division at Samsung Electronics and Head of Samsung Research; Seungbeom Choi, Executive Vice President and Head of Device Platform Center; and Chanwoo Park, Executive Vice President and Head of IoT R&D Team
     
    This latest evolution of the two companies’ relationship now adds the aforementioned SmartThings functionality and cooperation to provide user-tailored AI services. Essentially, the scope of the collaboration has now been broadened to include even more comprehensive SDV integration — as well as healthcare, pet care and smart apartment solutions.
     
     
    About Hyundai Motor Group
    Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel and construction, as well as logistics, finance, IT and service. With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.
    More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai, Kia Global Media Center (kianewscenter.com), Genesis Newsroom

    MIL OSI Global Banks –

    September 29, 2024
  • MIL-Evening Report: At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters

    Source: The Conversation (Au and NZ) – By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra

    Jeremy Ng/Shutterstock

    A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5% in July to just 2.7%.

    The dip below 3% puts the monthly measure of annual inflation back within the Reserve Bank’s target band of 2-3% for the first time since August 2021.

    The longer-running quarterly measure of annual inflation is also likely to be back within the 2-3% band when the September-quarter figure is released next month.



    The dramatically lower inflation rate puts Australia in the same league as the United States, whose inflation rate is 2.5%, and the United Kingdom, whose inflation rate is 2.2%.

    The US and the UK have inflation targets of 2%, meaning their inflation rates are still somewhat above target. Australia’s monthly measure of inflation is on target, close to the middle of the band.



    Electricity prices down 17.9%

    Inflation has been trending down since late 2022, as shown on the graphs, but the sharp drops in the past two months are largely due to electricity rebates offered by the federal and state governments.

    The rebates will be applied automatically to electricity bills in this and each of the next three quarters. A staged rollout means they hit bills in only Queensland and Western Australia in July and hit other states in August.

    The Bureau of Statistics says these rebates took 6.4% off the average national power price in July and a further 14.6% off in August.

    Household electricity prices were down 17.9% over the year to August. The Bureau of Statistics describes this as the largest annual fall on record.

    Also helping bring down inflation were lower petrol prices and cheaper public transport, aided by Brisbane’s pre-election six-month trial of 50 cent fares.

    The jump in the monthly measure to 4% in May, which had excited some commentators, now looks like a misleading blip.

    A takeaway is to be cautious in interpreting the less-comprehensive monthly indicator, as is the Reserve Bank, which puts it in small print at the top of its website under the quarterly index, which it headlines in big print.

    For what it’s worth, I am expecting the quarterly index to show annual inflation of 2.8% in the year to September, down from 3.8% for the June quarter.

    Governor Bullock isn’t impressed

    Reserve Bank Governor Michele Bullock says that at the moment she is paying more attention to the “underlying” rate of inflation, which looks through temporary measures such as subsidies.

    But the Reserve Bank’s preferred measure of underlying inflation, the so-called trimmed mean, also fell in August, to 3.4%, down from 3.8% in July.

    Australia’s weak economy – right now it’s the weakest outside of a recession – means the underlying measure of inflation is likely to continue to fall, unless the tax cuts that started in July have a big effect.

    Why do we target 2-3% anyway?

    Reserve Bank set its target of 2-3% inflation in the early 1990s without a lot of science. It was about where inflation was, close to the targets adopted by other countries, and was a range rather than a specific number in order to give the authorities some flexibility.

    But it happens to be a sensible target, as last year’s independent review of the Reserve Bank confirmed.

    The bank wants to target an inflation rate low enough to not be noticed much and to not much distort decisions.

    Evidence from Google searches suggests that when inflation is around the 2-3% range, people don’t much notice it, but when it climbs up to 4% or 5%, they notice it a lot and search for the word a lot.



    Although zero is (literally) a round number, zero inflation would be too low a target. It would mean deflation (prices falling) as often as not to balance out the prices that were climbing. Deflation is associated with recessions and poor economic performance.

    An inflation rate of 2-3% also allows some real wages to fall (because they can increase by less than the inflation rate), which can be useful in encouraging workers out of declining industries into ones that are expanding.

    In particularly bad times, the Reserve Bank might want to push interest rates down below the inflation rate. This is hard to do if the inflation rate is zero.

    In theory, there is a case for increasing Australia’s inflation target to about where inflation is at the moment, but if that happened, Australia’s inflation target and future inflation targets would have less credibility.

    And in any event, we are moving quickly back towards the target, and on Wednesday’s measure have already hit it.




    Read more:
    No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming


    John Hawkins was formerly a senior economist and forecaster in the Reserve Bank and the Australian Treasury.

    – ref. At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters – https://theconversation.com/at-2-7-australian-inflation-is-back-within-the-rba-zone-heres-why-that-matters-237650

    MIL OSI Analysis – EveningReport.nz –

    September 29, 2024
  • MIL-OSI New Zealand: Northland News – Consent granted for 172-hectare Bream Bay solar farm

    Source: Northland Regional Council

    Independent hearings commissioners have granted an application by Meridian Energy Limited (MEL) to build a multi-million dollar 172-hectare solar farm across three sites at Marsden Pt, Ruakākā.
    The company had applied to the Northland Regional Council for resource consents for earthworks, associated stormwater diversion and discharges and vegetation clearance for the farm. (Land use consent for the solar farm was granted by the Whangarei District Council in February this year.)
    The application also proposed the creation, enhancement and restoration of 18.86ha of wetland across the three sites to offset the permanent removal of 17.06ha of wetlands.
    The application was lodged in September last year and publicly notified in March, attracting 12 submissions; two in support and 10 opposed. It was heard by commissioners David Hill (Chair) and Sheila Taylor over two days in Whangarei last month. (Subs: August 05 and 06).
    In their recently released decision granting the requested consents for 35 years, the commissioners said MEL had been looking for an opportunity to establish a solar farm in Northland to improve the resilience of both regional and national energy supply.
    “This culminated in the purchase of three sites at Marsden Point, and the consenting and construction of a Battery Energy Storage System (BESS) on the northern-most site (corner Rama Road and SH15) as the first stage of the Ruakākā Energy Park.”
    Two hundred thousand solar panels would be installed to construct the 100-150MW farm which would produce 150-200GWh of electricity annually.
    In their decision the commissioners said the national and regional electricity generation benefits were not disputed.
    They found that “after having regard to the actual and potential effects on the environment of allowing the proposed activity, and taking into account the relevant statutory provisions, we find that consent for the proposed activities should be granted…”.
    “The adverse effects of the activity, when considered in the round and with the mitigation proposed and positive effects accounted for, will be minor.”
    The commissioners said the activity of the specified infrastructure was not contrary to the objectives and policies of the relevant plans.
    “The proposed activity is broadly consistent with the provisions of the relevant statutory documents and, with the conditions imposed, will avoid, remedy or mitigate as required the adverse effects that might otherwise be created.”
    The commissioners’ decision is now subject to appeal for 15 working days.

    MIL OSI New Zealand News –

    September 29, 2024
  • MIL-OSI New Zealand: Renewable Energy – Ruakākā Solar Farm gains planning consent – Meridian

    Source: Meridian Energy

    Meridian Energy has been granted resource consent to build a 120 MW solar farm in Tai Tokerau Northland.

    With up to 250,000 solar panels, the Ruakākā Solar Farm, south of Whangārei, will be capable of producing 150 to 200 GWh of electricity per year – enough to power more than half the homes in Northland.

    Meridian’s Head of Renewable Development, Rebecca Knott, says the project will boost resilience for the region by reducing Northland’s reliance on electricity generated from other parts of the country.

    “With the bulk of New Zealand’s electricity generation coming from the lower South Island and North Island, south of Auckland, we’re proud to be developing such significant generation capacity in Tai Tokerau. This region is blessed with phenomenal natural resources, and we’re looking forward to delivering a fantastic new project that takes full advantage of that.”

    The solar farm is Stage 2 of Meridian’s Ruakākā Energy Park, which includes a 100 MW battery energy storage system that is at an advanced stage of construction and due for completion in early 2025.

    “The Ruakākā Energy Park is one of a number of renewable energy developments Meridian has underway to improve the security of electricity supply and help create a low carbon future for all Kiwis,” says Rebecca Knott.

    “We’re committed to increasing the amount of renewable electricity we generate and store so that we can help meet New Zealand’s growing demand for clean energy. That commitment is backed by a $3 billion investment through to 2030, and a number of excellent projects already in or approaching the planning process. Solar farms and batteries, alongside our hydro stations and wind farms, are part of the solution to strengthening and growing our electricity system, building resilience for tough years and reducing the cost of electricity for homes and businesses.”

    Subject to the appeal period and final investment decision by the Meridian Board, expected by the end of the year, construction of the Ruakākā Solar Farm will get underway in early 2025. It is expected to be completed in late 2026.

    MIL OSI New Zealand News –

    September 29, 2024
  • MIL-OSI Australia: NSW Government grants ACEREZ transmission operator’s licence for Central-West Orana REZ

    Source: New South Wales Environment and Heritage

    ACEREZ, a consortium of Acciona Concesiones, Cobra and Endeavour Energy, was selected by the Energy Corporation of NSW (EnergyCo) as the preferred network operator to deliver the Central-West Orana REZ transmission system, following a rigorous competitive tender.

    The NSW Minister for Energy Penny Sharpe granted the licence, which will enable ACEREZ to design, construct, own and operate the Central-West Orana REZ transmission system, which will connect renewable energy projects within the REZ to the existing Newcastle, Sydney and Wollongong load centres.

    When operational, the Central-West Orana REZ transmission system will unlock 4.5 gigawatts of network capacity, allowing generation and storage projects to connect at scale. This is expected to deliver $3 billion in net benefits for NSW energy consumers, drive $20 billion in regional investment and support 5000 jobs during peak construction.

    The Central-West Orana REZ is a vital component in the government’s roadmap to powering the state with affordable, clean and reliable energy.

    The decision follows the Independent Pricing and Regulatory Tribunal’s (IPART) recommendation to the NSW Minister for Energy on ACEREZ’s application for the licence, published in its final report.

    In granting the licence, the Minister included several licence conditions, some unique to ACEREZ, which were recommended by IPART and developed in response to public consultation, including consultation with the NSW Department of Climate Change, Energy, the Environment and Water, EnergyCo and ACEREZ. These are intended to support safe and reliable operation of the Central-West Orana REZ transmission system. An important condition to support social licence is a requirement for ACEREZ to become a member of an external dispute resolution scheme.

    A copy of the ACEREZ transmission operator’s licence, along with IPARTs final recommendation report, are available on the IPART website.

    Background:

    Electricity Infrastructure Roadmap

    The Electricity Infrastructure Roadmap is NSW’s pathway to powering the state with affordable, clean and reliable energy for everyone. It sets out how we are transitioning the electricity network to one that will keep the lights on and put downward pressure on energy prices for years to come. The Roadmap will support the delivery of at least 12 gigawatts of new renewable energy generation and 2 gigawatts of long-duration storage by 2030.

    Energy Corporation of NSW

    EnergyCo leads the design, delivery and coordination of Renewable Energy Zones (REZs) and priority transmission in a way that benefits consumers, investors and regional communities. This includes the new transmission lines infrastructure required to connect generation projects within each Renewable Energy Zone with the electricity grid.

    Independent Pricing and Regulatory Tribunal

    IPART is an appointed regulator under the Roadmap to help NSW electricity consumers get safe and reliable services at a fair price. Alongside its regular duties, IPART is responsible for undertaking performance audits of the entities delivering the Roadmap and prepares an annual report on the exercise of Roadmap functions by the Consumer Trustee, the Financial Trustee, the Infrastructure Planner and the Regulator.

    Going forward, IPART is also responsible for monitoring for compliance by ACEREZ with the transmission licence in the Central-West Orana REZ.

    ACEREZ

    ACEREZ, a consortium comprising Acciona Concesiones, Cobra and Endeavour Energy, was selected by EnergyCo as the preferred network operator to deliver the Central-West Orana REZ transmission system. following a competitive tender process. EnergyCo entered into a commitment deed with ACEREZ in December 2023.

    MIL OSI News –

    September 29, 2024
  • MIL-OSI New Zealand: Progress on Crown Minerals is a step toward prosperity

    Source: ACT Party

    The first reading-passage of the Crown Minerals Amendment Bill is a step toward prosperity, says ACT Energy and Resources spokesman Simon Court.

    The Bill delivers on ACT coalition commitments to repeal the ban on offshore oil and gas exploration and promote the use of Crown minerals.

    “Taking full advantage of the mineral resources at our disposal will boost foreign investment, create high-paying jobs, and offer hope to young people looking to remain in New Zealand for work and family,” says Mr Court.

    “Restoring oil and gas exploration is a crucial step to deliver energy security. A high-wage economy depends on affordable and reliable energy. We came far too close to blackouts this winter, and ACT is determined to restore energy security so homes stay heated and factories keep running.

    “We support oil and gas exploration so the Greens can have jet fuel for the planes they fly to Parliament. We support mining for the minerals in iPhones so Greenpeace can livestream their protests. Above all, we support harnessing the untapped wealth beneath our feet so New Zealanders can prosper and enjoy happier, warmer lives.”

    MIL OSI New Zealand News –

    September 29, 2024
  • MIL-OSI: NBPE Announces August Monthly NAV Estimate

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    NBPE Announces August Monthly NAV Estimate

    25 September 2024

    NB Private Equity Partners (NBPE), the $1.3bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 August 2024 monthly NAV estimate.

    NAV Highlights (31 August 2024)

    • NAV per share was $27.44 (£20.88), a total return of 0.1% in the month
    • Performance driven by 1.4% quarterly uplift in private company valuations (ex-FX), offset by negative FX adjustments of 0.2%
    • Year to date NAV TR of 1.2%
    • $73 million invested in new and follow on investments year to date
    • $390 million of available liquidity at 31 August 2024
    • 2H 2024 dividend of $0.47 paid on 30 August 2024
    • Annualised dividend yield at  31 August 2024 NAV of 3.4%; annualised share price yield is 4.5% based on the closing share price of £15.92 on 31 August 2024
    As of 31 August 2024 YTD 1 Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised
    1.2% 1.7% 6.8%
    2.2%
    72.8%
    11.6%
    177.1%
    10.7%
    MSCI World TR (USD)*
    Annualised
    17.1% 25.0% 23.8%
    7.4%
    89.7%
    13.7%
    162.9%
    10.1%
    Share price TR (GBP)*
    Annualised
    (0.3%) 8.1% 12.0%
    3.8%
    77.1%
    12.1%
    263.0%
    13.8%
    FTSE All-Share TR (GBP)*
    Annualised
    11.3% 17.0% 24.4%
    7.5%
    37.9%
    6.6%
    80.9%
    6.1%

    *Reflects cumulative returns over the time periods shown and are not annualised.

    Portfolio Update to 31 August 2024

    Following the 1H private portfolio valuation increases, movements in public holdings and FX in July and August, NBPE’s NAV TR year to date was 1.2%.

    NAV performance during the month driven by:

    • 0.1% NAV increase ($1 million) from postive FX movements
    • 0.5% NAV increase ($7 million) from the value of quoted holdings (which now constitute 7% of portfolio fair value)
    • 0.4% NAV decrease ($5 million) attributable to expense accruals and changes in the Zero Dividend Preference share (ZDP) liability

    Realisations from the portfolio continue in 2024

    • $5 million received during the month and a further $6 million expected in the coming months from the announced realisation of Syniti
    • $158 million of realisations received year to date, driven by Action and previously announced sales of Cotiviti, Melissa & Doug, FV Hospital and Safefleet as well as partial sales of public stock and continued realisations from the legacy income investment portfolio

    $390 million of total liquidity at 31 August 2024

    • $180 million of cash and liquid investments with $210 million of undrawn credit line available

    $73 million invested in 2024 in new and follow-on investments

    • $25 million invested in FDH Aero, a leading parts distributor to the aerospace and defense industry
    • $38 million invested into two U.S. healthcare businesses, Benecon and Zeus
    • $10 million of additional new and follow on investments

    $0.47 semi annual dividend paid on 30 August 2024

    • Bringing total dividends paid to shareholders since 2013 to approximately $360 million

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 31 August 2024 was based on the following information:

    • 7% of the portfolio was valued as of 31 August 2024
      • 7% in public securities
    • 93% of the portfolio was valued as of 30 June 2024
      • 92% in private direct investments
      • 1% in private funds

    For further information, please contact:

    NBPE Investor Relations         +44 (0) 20 3214 9002
    Luke Mason                              NBPrivateMarketsIR@nb.com 

    Kaso Legg Communications   +44 (0)20 3882 6644

    Charles Gorman                        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 31 August 2024)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer                        68.3 5.4%
    Osaic 2019 Reverence Capital Financial Services                        62.7 4.9%
    Solenis 2021 Platinum Equity Industrials                        58.2 4.6%
    BeyondTrust 2018 Francisco Partners Technology / IT                        42.0 3.3%
    Branded Cities Network 2017 Shamrock Capital Communications / Media                        40.1 3.2%
    Monroe Engineering 2021 AEA Investors Industrials                        38.3 3.0%
    Business Services Company* 2017 Not Disclosed Business Services                        37.2 2.9%
    True Potential 2022 Cinven Financial Services                        35.5 2.8%
    GFL (NYSE: GFL) 2018 BC Partners Business Services                        33.8 2.7%
    Kroll 2020 Further Global / Stone Point Financial Services                        31.4 2.5%
    Marquee Brands 2014 Neuberger Berman Consumer                        30.8 2.4%
    Staples 2017 Sycamore Partners Business Services                        30.7 2.4%
    Constellation Automotive 2019 TDR Capital Business Services                        30.6 2.4%
    Fortna 2017 THL Industrials                        28.7 2.3%
    Viant 2018 JLL Partners Healthcare                        27.2 2.1%
    Stubhub 2020 Neuberger Berman Consumer                        26.6 2.1%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT                        25.6 2.0%
    FDH Aero 2024 Audax Group Industrials                        25.3 2.0%
    Agiliti 2019 THL Healthcare                        25.3 2.0%
    Benecon 2024 TA Associates Healthcare                        25.2 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT                        24.4 1.9%
    Addison Group 2021 Trilantic Capital Partners Business Services                        23.8 1.9%
    USI 2017 KKR Financial Services                        23.2 1.8%
    Auctane 2021 Thoma Bravo Technology / IT                        22.5 1.8%
    AutoStore (OB.AUTO) 2019 THL Industrials                        22.2 1.7%
     

    Excelitas

     

    2022

     

    AEA Investors

     

    Industrials

                           21.9  

    1.7%

    Qpark 2017 KKR Transportation                        21.3 1.7%
    Exact 2019 KKR Technology / IT                        20.0 1.6%
    Renaissance Learning 2018 Francisco Partners Technology / IT                        19.4 1.5%
    Bylight 2017 Sagewind Partners Technology / IT                        18.6 1.5%
    Total Top 30 Investments                            $940.8 74.0%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 77%
    Europe 22%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 23%
    Consumer / E-commerce 20%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 13%
    Healthcare 8%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 11%
    2017 19%
    2018 15%
    2019 14%
    2020 12%
    2021 17%
    2022 5%
    2023 2%
    2024 5%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $481 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The PRI identified the firm as part of the Leader’s Group, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of June 30, 2024.


    1Based on net asset value.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    Attachments

    • August 2024 NBPE FactsheetvF
    • NBPE Investor Presentation – September vF

    The MIL Network –

    September 29, 2024
  • MIL-OSI: Devon Energy Schedules Third-Quarter 2024 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    OKLAHOMA CITY, Sept. 24, 2024 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today announced it will report third-quarter 2024 results on Tuesday, Nov. 5, after the close of U.S. financial markets. The earnings release and presentation for the third-quarter 2024 results will be available on the company’s website at www.devonenergy.com.

    On Wednesday, Nov. 6, the company will hold a conference call at 10 a.m. CST (11 a.m. EST), which will consist primarily of answers to questions from analysts and investors. A webcast link to the conference call will be provided on Devon’s website at www.devonenergy.com. A replay will be available on the website following the call.

    ABOUT DEVON ENERGY

    Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.

    Investor Contacts                        
    Rosy Zuklic, 405-552-7802                        
    Chris Carr, 405-228-2496
      Media Contact
    Michelle Hindmarch, 405-552-7460

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

    September 29, 2024
  • MIL-OSI United Kingdom: Revealed: the two faces of a Scottish Labour MP

    Source: Scottish National Party

    The hypocrisy of Scottish Labour has been put on full display in the party’s latest humiliation.

    Numerous Labour MPs from Scotland – including the Secretary of State for Scotland, Ian Murray – have been exposed as bitterly opposing Tory policies towards pensioners in winter, before axing the winter fuel payment with their first move in the new parliament.

    The guilty MPs also include Labour Party darling Michael Shanks, who has purveyed misleading information and was feted for saying he would vote for a ceasefire in Gaza and the abolition of the two child cap – before backtracking on both once he was elected.

    Here’s a start on the growing list of Scottish Labour MPs whose volte face is showing exactly why they can’t be trusted.

    Scottish Secretary Ian Murray (Edinburgh South)

    The Secretary of State for Scotland is known for capitalising on a media opportunity and has regularly taken to the airwaves to rail against Conservative policies – at times trying to draw bizarre parallels with the SNP’s record in Scotland, which couldn’t be further from the plans of the Conservative Party.

    In a particularly feisty intervention, the Scottish Secretary claimed pensioners were daily “freezing to death” under the Conservatives.

    Which makes it even more puzzling that among his first moves as a senior government minister – entitled to a salary of over £160,000 plus expenses – was a vote to axe winter fuel payments for pensioners across the UK. Presumably his Labour government will take their share of responsibility for any pensioners “freezing to death” as a result of their policy.

    Pre-1997 I remember the news used to report almost daily the number of pensioners freezing to death in their own homes. We are heading back their this winter unless the government acts now. https://t.co/RRaaTR7r78

    — Ian Murray MP (@IanMurrayMP) August 28, 2022

    Ex-Better Together chief Blair McDougall (East Renfrewshire)

    McDougall was head strategist for the Better Together campaign, and has unsuccessfully sought elected office before.

    Since his entry into politics as a student, he backed the failed leadership campaigns of both David Miliband and Jess Phillips while retaining senior status among the ranks of Scottish Labour.

    He has vehemently defended Labour’s time in government and listed the winter fuel payment as among its top achievements. Unfortunately, his senior status in Scottish Labour didn’t warrant any consideration from Sir Keir – and when the call came, he trooped through the voting lobbies to strip pensioners of that same winter fuel payment along with all the other Scottish Labour MPs.

    Winter fuel payment and free Tv licences. 3 million Child Trust Funds. Cancelling the debts of the poorest countries. Co2 emissions down 1/5. Largest offshore wind capacity in world. 8/

    — Blair McDougall MP (@blairmcdougall) August 16, 2023

    Imogen Walker (Hamilton and Clyde Valley)

    A former longtime London councillor, Walker is the wife of Starmer’s chief spin doctor Morgan McSweeney and the couple are high flyers among Labour’s Westminster leadership. She was parachuted into the Hamilton and Clyde Valley constituency in the hope that it would be a winnable seat for Labour – a stark sign that the party was taking local voters for granted before a single ballot had even been cast.

    Her new constituents will be unsurprised to learn that she too was vocal about the energy crisis and a ‘long hard winter’. She even promised a Labour government would lower bills.

    Since Labour took office, Ofgem has announced it is once again lifting the price cap and bills are set to rise 10%.

    Lovely to see the sun today at the @ScottishLabour stall in Lanark – but it was a long hard winter for so many and we’ve been talking to people about the energy crisis. A Labour govt will act to keep bills low. pic.twitter.com/rTTdmLe8EU

    — Imogen Walker (@imogenwalker) May 13, 2023

    Johanna Baxter (Paisley and Renfrewshire South)

    Another career politician, Baxter has unsuccessfully contested elections before and was previously a senior trade unionist and Labour NEC member.

    She urged her followers online to support a petition to create a national strategy for reducing excess winter deaths.

    The Labour Party’s own research has suggested its policy of cutting the Winter Fuel Payment could cause in excess of 4,000 deaths.

    Baxter, like other Scottish Labour MPs, voted to scrap the Winter Fuel Payment.

    .@DanJarvisMP calling for the gov to bring forward a national strategy for reducing excess winter deaths. Sign here https://t.co/t4qBmZ48Jq

    — Johanna Baxter MP (@JohannaBaxter) June 6, 2016

    Kirsty McNeill (Midlothian)

    Having unsuccessfully stood for election in London, McNeill turned her sights to what she thought might be a winnable seat in Scotland. Parachuted into the constituency and immediately appointed to the Scotland Office, McNeill has been silent about the devastating impact Starmer’s winter fuel cut on her new constituents.

    She wasn’t so silent in 2022, when she slammed the Conservative government’s decisions and said many families “are set to have a brutal winter.”

    We can only assume a cushy Scotland Office job is keeping her too busy to be just as vocal this time.

    Families are set to have a brutal winter but the impact of today’s decisions will still be showing up in future decades. https://t.co/8quHQoBdh6

    — Kirsty McNeill MP (@kirstyjmcneill) September 23, 2022

    Michael Shanks (Rutherglen)

    Shanks has unsuccessfully sought election three times before.

    Once elected to serve as MP for Rutherglen in last year, he quickly backtracked on promises he had made to constituents such as supporting a ceasefire in Gaza and campaigning for the abolition of the two child cap.

    Initially, he masqueraded as an MP who would be fighting for those struggling with punishing energy bills.

    But before long, Shanks was marching into the voting lobbies to support the winter fuel cut – it seems his position might have changed?

    I asked the Energy Minister earlier about forced installation of pre-payment meters. The new code has protections for some vulnerable groups but has arbitary definitions. As we go into the winter months it will be worrying for many households who may struggle with energy bills. pic.twitter.com/8oJPa7CCm4

    — Michael Shanks MP (@mgshanks) November 28, 2023

    Patricia Ferguson

    Ferguson was first elected to the Scottish Parliament in 1999, serving twice as a minister and even as Deputy Presiding Officer. Once she left office in 2016, she fought to be a local councillor before her run for the Westminster parliament.

    As part of the Labour group, she championed the Winter Fuel Allowance.

    After decades of public service, we’d have thought Ms Ferguson might have learnt the value of being true to her word – and the duty to be honest with the people who elected her.

    Instead, she managed to sideline her longtime support for the allowance, backing Starmer over Scotland.

    Great news. Last meeting Labour Group won the reinstatement of the Winter Fuel Allowance this month they get this motion through! Well done @JillBGlasgow

    — Patricia Ferguson (@PJFerguson18) December 9, 2021

    Scottish Labour’s most senior MPs have sold out

    They’ve sold out on their principles, their policies and most importantly – they’ve sold out Scottish communities who trusted Labour’s promise of change. And their support for Starmer’s fiscal plans is forcing our own government here in Scotland into some impossible decisions.

    This is just the beginning. For the next five years, Scottish Labour MPs will continue without fail to put Starmer before Scotland. It’s clear they’ve already forgotten who their real boss is – the Scottish people.

    That’s if they ever cared in the first place.

    The SNP can promise one thing – whoever you are and wherever you are in Scotland, we’ll stand up for you and your family.

    While Labour will spend the next five years taking Scotland for granted, we’ll be busy fighting for the change Scotland really needs.

    MIL OSI United Kingdom –

    September 29, 2024
  • MIL-OSI United Kingdom: Aberdeen to host Great British Energy HQ in UK-wide clean energy drive

    Source: United Kingdom – Executive Government & Departments

    Great British Energy will be headquartered in Aberdeen, with 2 smaller sites in Edinburgh and Glasgow.

    • Prime Minister confirms Great British Energy will be headquartered in Aberdeen, a world-leader in engineering and infrastructure
    • Edinburgh and Glasgow will host 2 smaller sites, maximising skills and expertise across Scotland
    • the move will kickstart plans for the new publicly-owned company to drive investment in clean home-grown energy, creating jobs and supporting growth across the UK

    Aberdeen has today (24 September) been named the new home of Great British Energy, drawing on the city’s world-leading engineering expertise to kickstart a UK-wide clean energy revolution.

    As the location of the new headquarters, Aberdeen will be at the heart of the company’s plans to scale up clean homegrown power to boost energy independence, create skilled jobs across the UK and to support economic growth.

    Two additional sites will open in Edinburgh and Glasgow, once Great British Energy is up and running, to benefit from local skills and expertise. The company will be initially located in government buildings across the cities, while permanent bases are established.

    This marks the next step to kickstart Great British Energy, as part of its mission to become a clean energy superpower. An interim Chief Executive will soon to be appointed to take the lead on launching the new company and building its Aberdeen base – along with the start-up Chair Juergen Maier, former CEO of Siemens UK.

    Within the first weeks of the new government, Energy Secretary Ed Miliband took immediate action to introduce the Great British Energy Bill to Parliament and – along with the Prime Minister – confirm a new partnership with The Crown Estate, to help accelerate new offshore wind farms. The company – owned by the British people, for the British people – will attract private investment in the UK’s clean homegrown power, backed by £8.3 billion in government funding over this Parliament.

    The move forms part of the government’s plans to support clean energy in the North Sea, ensuring Aberdeen continues to thrive as Scotland’s clean energy capital. The government recently announced the biggest ever investment in offshore wind and continues to progress technologies like carbon capture and storage and hydrogen – as well as ensuring that oil and gas is used for decades to come as part of a fair and balanced transition away from fossil fuels.

    Notes to editors

    On 25 July, Department for Energy Security and Net Zero published the founding statement for Great British Energy.

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    Updates to this page

    Published 24 September 2024

    MIL OSI United Kingdom –

    September 29, 2024
  • MIL-OSI United Kingdom: GB Energy giving more questions than answers for Aberdeen

    Source: Scottish Greens

    24 Sep 2024 Climate

    GB Energy must work in the public interest, not simply as a way to line private pockets

    More in Climate

    The UK government’s plans for GB Energy are leaving more questions than answers says Scottish Green MSP Maggie Chapman, this follows confirmation from Sir Keir Starmer that it will be based in Aberdeen.

    Aberdeen has a unique role to play in driving our transition to a greener future, added Ms Chapman, who represents North East Scotland, including Aberdeen.

    Ms Chapman has called for greater collaboration between the Labour Government and the MSPs who represent the region, to ensure GB Energy lives up to the challenge of our climate crisis.

    Ms Chapman said: “If done properly, GB Energy could present an important opportunity for Aberdeen – with new jobs, investment, a focus away from the legacy of oil and gas. 

    “We want to be optimistic, but a lot of us are concerned that this will become an investor’s playpen, rather than a genuine driver of new renewables projects.

    “So far the UK government’s statement raises many more questions than answers.

    “It is time for Labour to be clear about its ambitions for this project, and what it will look like. GB Energy should be an organisation that resources the energy sector’s move towards genuine renewable energy, not an excuse for more warm words on oil, gas and nuclear.
     
    “An energy transition without justice for workers and affected communities is the last thing we need. Aberdeen has a unique role to play in driving forward our just transition. It can be the engine that drives the climate action and green economy that are so vital.

    “The UK Government must ensure that GB Energy works for public interests in the region and the sector, and is not simply a way to line private pockets. 

    “I would welcome greater collaboration between the Labour Government and the MSPs who represent the region, to ensure GB Energy lives up to the challenge of our climate crisis.”

    MIL OSI United Kingdom –

    September 29, 2024
  • MIL-OSI Africa: Secretary-General’s remarks at the Opening of the General Debate of the Seventy-ninth Session of the General Assembly [as delivered]

    Source: United Nations – English

    r. President of the General Assembly,

    Excellencies,

    Ladies and gentlemen,

    Our world is in a whirlwind.

    We are in an era of epic transformation – facing challenges unlike any we have ever seen – challenges that demand global solutions.

    Yet geo-political divisions keep deepening. The planet keeps heating.

    Wars rage with no clue how they will end.

    And nuclear posturing and new weapons cast a dark shadow.

    We are edging towards the unimaginable – a powder keg that risks engulfing the world.

    Meanwhile, 2024 is the year that half of humanity goes to the polls – and all of humanity will be affected.

    I stand before you in this whirlwind convinced of two overriding truths.

    First, the state of our world is unsustainable.

    We can’t go on like this.

    And second, the challenges we face are solvable.

    But that requires us to make sure the mechanisms of international problem-solving actually solve problems.

    The Summit of the Future was a first step, but we have a long way to go.

    Getting there requires confronting three major drivers of unsustainability.

    A world of impunity – where violations and abuses threaten the very foundation of international law and the UN Charter.

    A world of inequality – where injustices and grievances threaten to undermine countries or even push them over the edge.

    And a world of uncertainty – where unmanaged global risks threaten our future in unknowable ways.

    These worlds of impunity, inequality and uncertainty are connected and colliding.

    Excellencies,

    The level of impunity in the world is politically indefensible and morally intolerable.

    Today, a growing number of governments and others feel entitled to a “get out of jail free” card.

    They can trample international law.

    They can violate the United Nations Charter.

    They can turn a blind eye to international human rights conventions or the decisions of international courts.

    They can thumb their nose at international humanitarian law.

    They can invade another country, lay waste to whole societies, or utterly disregard the welfare of their own people.

    And nothing will happen.

    We see this age of impunity everywhere — in the Middle East, in the heart of Europe, in the Horn of Africa, and beyond.

    The war in Ukraine is spreading with no signs of letting up.

    Civilians are paying the price – in rising death tolls and shattered lives and communities.

    It is time for a just peace based on the UN Charter, on international law and on UN resolutions.

    Meanwhile, Gaza is a non-stop nightmare that threatens to take the entire region with it.

    Look no further than Lebanon.

    We should all be alarmed by the escalation. 

    Lebanon is at the brink. 

    The people of Lebanon – the people of Israel – and the people of the world — cannot afford Lebanon to become another Gaza.

    Let’s be clear.

    Nothing can justify the abhorrent acts of terror committed by Hamas on October 7th, or the taking of hostages – both of which I have repeatedly condemned.

    And nothing can justify the collective punishment of the Palestinian people.

    The speed and scale of the killing and destruction in Gaza are unlike anything in my years as Secretary-General.

    More than 200 of our own staff have been killed, many with their families.

    And yet the women and men of the United Nations continue to deliver humanitarian aid.

    I know you join me in paying a special tribute to UNRWA and to all humanitarians in Gaza.

    The international community must mobilize for an immediate ceasefire, the immediate and unconditional release of all hostages, and the beginning of an irreversible process towards a two-State solution.

    For those who go on undermining that goal with more settlements, more landgrabs, more incitement — I ask:

    What is the alternative?

    How could the world accept a one-state future in which a large a large number of Palestinians would be included without any freedom, rights or dignity?

    In Sudan, a brutal power struggle has unleashed horrific violence — including widespread rape and sexual assaults.

    A humanitarian catastrophe is unfolding as famine spreads.  Yet outside powers continue to interfere with no unified approach to finding peace.

    In the Sahel, the dramatic and rapid expansion of the terrorist threat requires a joint approach rooted in solidarity – but regional and international cooperation have broken down.

    From Myanmar to the Democratic Republic of the Congo to Haiti to Yemen and beyond – we continue to see appalling levels of violence and human suffering in the face of a chronic failure to find solutions.

    Meanwhile our peacekeeping missions are too often operating in areas where simply there is no peace to keep.

    Instability in many places around the world is a by-product of instability in power relations and geo-political divides.

    For all its perils, the Cold War had rules.

    There were hot lines, red lines and guard rails.

    It can feel as though we don’t have that today.

    Nor do we have a unipolar world.

    We are moving to a multipolar world, but we are not there yet.

    We are in a purgatory of polarity.

    And in this purgatory, more and more countries are filling the spaces of geopolitical divides, doing whatever they want with no accountability.

    That is why it is more important than ever to reaffirm the Charter, to respect international law, to support and implement decisions of international courts, and to reinforce human rights in the world.

    Anywhere and everywhere.

    Excellences, Mesdames et Messieurs,
     
    L’augmentation des inégalités est un deuxième facteur de l’insoutenabilité et une tache sur notre conscience collective.
     
    L’inégalité n’est pas une question technique ou bureaucratique.
     
    Au fond, l’inégalité est une question de pouvoir, aux racines historiques.
     
    Les conflits, les bouleversements climatiques et la crise du coût de la vie étendent ces racines historiques plus profondément encore.
     
    Dans le même temps, le monde peine encore à se relever de la flambée des inégalités engendrée par la pandémie.
     
    Si l’on regarde les 75 pays les plus pauvres du monde, un tiers d’entre eux se trouve aujourd’hui dans une situation pire qu’il y a cinq ans.
     
    Au cours de la même période, les cinq hommes les plus riches de la planète ont plus que doublé leurs fortunes.
     
    Et un pour cent des habitants de la planète détient 43 % de l’ensemble des avoirs financiers mondiaux.
     
    Au niveau national, certains gouvernements décuplent les inégalités en accordant des cadeaux fiscaux massifs aux entreprises et aux ultra-riches — au détriment des investissements dans la santé, l’éducation et la protection sociale.
     
    Et personne n’est plus lésé que les femmes et les filles du monde entier.
     
    Excellences,
     
    La discrimination et les abus généralisés fondés sur le genre constituent l’inégalité la plus répandue dans toutes les sociétés.
     
    Chaque jour, il semble que nous soyons confrontés à de nouveaux cas révoltants de féminicides, de violences fondées sur le genre et de viols collectifs – en temps de paix comme en tant qu’arme de guerre.
     
    Dans certains pays, les lois sont utilisées pour menacer la santé et les droits reproductifs.
     
    Et en Afghanistan, les lois sont utilisées pour entériner l’oppression systématique des femmes et des filles.
     
    Et je suis désolé de constater que, malgré des années de beaux discours, l’inégalité de genre se manifesteet je vous demande pardon de le dire, elle se manifeste aujourd’hui encore, pleinement dans cette enceinte.
     
    Moins de 10 pour cent des intervenants au Débat général de cette semaine sont des femmes.
     
    C’est inacceptable, surtout quand on sait que l’égalité entre les femmes et les hommes contribue à la paix, au développement durable, à l’action climatique et bien plus encore.
     
    C’est précisément pour cela nous avons pris des mesures spécifiques pour atteindre la parité hommes-femmes parmi les hauts responsables de l’Organisation des Nations Unies,objectif qui est déjà complété.
     
    C’est faisable.
     
    J’exhorte les institutions politiques et économiques du monde dominées par les hommes à le faire aussi.
     
    Excellences,
     
    Les inégalités mondiales se reflètent et se renforcent jusque dans nos propres organisations internationales.
     
    Le Conseil de sécurité des Nations Unies a été conçu par les vainqueurs de la Seconde Guerre mondiale.
     
    À l’époque, la majeure partie du continent africain était encore sous domination coloniale.
     
    À ce jour, l’Afrique n’a toujours aucun siège permanent au sein de la principale instance de paix du monde.
     
    Un changement s’impose.
     
    Il en va de même pour l’architecture financière mondiale, mise en place il y a 80 ans.
     
    Je félicite les dirigeants de la Banque mondiale et du Fonds monétaire international pour les mesures importantes qu’ils ont entreprises.
     
    Mais comme le souligne le Pacte pour l’avenir, la lutte contre les inégalités exige une accélération de la réforme de l’architecture financière internationale.
     
    Au cours des huit dernières décennies, l’économie mondiale s’est développée et transformée.
     
    Les institutions de Bretton Woods n’ont pas suivi le rythme.
     
    Elles ne sont plus en mesure de fournir un filet de sécurité mondial, ni d’offrir aux pays en développement le niveau de soutien dont ils ont tant besoin.
     
    Dans les pays les plus pauvres du monde, le coût des intérêts de la dette dépasse, en moyenne, le coût des investissements dans l’éducation, la santé et les infrastructures publiques réunis.
     
    Et à l’échelle du monde, plus de 80 % des cibles des Objectifs de développement durable ne sont pas en bonne voie.
    Excelencias,

    Volver al camino correcto requiere un aumento de financiamiento para la Agenda 2030 y el Acuerdo de París.

    Esto implica que los países del G20 lideren un Estímulo para los Objetivos de Desarrollo Sostenible de 500.000 millones de dólares al año.

    Implica reformas para aumentar sustancialmente la capacidad de préstamo de los Bancos Multilaterales de Desarrollo – y permitirles ampliar masivamente la financiación asequible a largo plazo para el clima y el desarrollo.

    Implica ampliar la financiación de contingencia mediante el reciclaje de los Derechos Especiales de Giro.

    E implica promover una reestructuración de la deuda a largo plazo.

    Excelencias,

    No me hago ilusiones sobre las barreras a la reforma del sistema multilateral.

    Los que tienen poder político y económico, o y los que creen tenerlo, son siempre reacios al cambio.

    Pero el status quo ya está agotando su poder.

    Sin reformas, la fragmentación es inevitable, y las instituciones globales perderán legitimidad, credibilidad y eficacia.

    Excellencies,

    The third driver of our unsustainable world is uncertainty.

    The ground is shifting under our feet.

    Anxiety levels are off the charts.

    And young people, in particular, are counting on us and seeking solutions.

    Uncertainty is compounded by two existential threats – the climate crisis and the rapid advance of technology — in particular, Artificial Intelligence.

    Excellencies,

    We are in a climate meltdown.

    Extreme temperatures, raging fires, droughts, and epic floods are not natural disasters.

    They are human disasters — increasingly fueled by fossil fuels.

    No country is spared. But the poorest and most vulnerable are hardest hit.

    Climate hazards are blowing a hole through the budgets of many African countries, costing up to five per cent of GDP – every year.

    And this is just the start.

    We are on course to careen past the global limit of a 1.5 degree temperature rise.

    But as the problem gets worse, solutions are getting better.

    Renewable prices are plummeting, roll-out is accelerating, and lives are being transformed by affordable, accessible clean energy.

    Renewables don’t just generate power. They generate jobs, wealth, energy security and a path out of poverty for millions.

    But developing countries cannot be plundered in that journey.

    Our Panel on Critical Minerals has recommended fair and sustainable ways to meet global demand for these resources, which are essential to the renewables revolution.

    Excellencies,

    A future without fossil fuels is certain.  A fair and fast transition is not.

    That is in your hands.

    By next year, every country must produce an ambitious new national climate action plan – or Nationally Determined Contributions.

    These must bring national energy strategies, sustainable development priorities, and climate ambitions together.

    They must align with the 1.5 degree limit, cover the whole economy, and contribute to every one of the COP28 energy transition targets.

    An International Energy Agency report released today breaks this down.

    By 2035, on average, advanced economies must slash energy emissions 80 per cent, and emerging markets 65 per cent.

    The G20 is responsible for 80 per cent of total emissions.

    They must lead the charge – keeping with the principle of common but differentiated responsibilities and respective capabilities in the light of different national circumstances.

    But this must be a joint effort — pooling resources, scientific capacities and proven and affordable technologies for all to be able to reach those targets.

    I’m honoured to be working closely with President Lula of Brazil – who is both G20 Chair and COP30 host – to secure maximum ambition, acceleration and cooperation. We just met for that purpose.

    Finance is essential.

    COP29 is around the corner.

    It must deliver a significant new finance goal.

    We also need a Loss and Damage Fund that meets the scale of the challenge – and developed countries meeting their adaptation finance promises.

    And we must finally flip the script on a crazy situation:

    We continue to reward polluters to wreck our planet.

    The fossil fuel industry continues to pocket massive profits and subsidies, while everyday people bear the costs of climate catastrophe – from rising insurance premiums to lost livelihoods.

    I call on G20 countries to shift money from fossil fuel subsidies and investments to a just energy transition;

    To put an effective price on carbon;

    And to implement new and innovative sources of financing – including solidarity levies on fossil fuel extraction – through legally-binding, transparent mechanisms.

    All by next year and this taking into account that those who shoulder the blame must foot the bill.

    Polluters must pay.

    Excellencies,

    The rapid rise of new technologies poses another unpredictable existential risk.

    Artificial Intelligence will change virtually everything we know — from work, education and communication, to culture and politics.

    We know AI is rapidly advancing, but where is it taking us:

    To more freedom – or more conflict?

    To a more sustainable world – or greater inequality?

    To being better informed – or easier to manipulate?

    A handful of companies and even individuals have already amassed enormous power over the development of AI – with little accountability or oversight for the moment.

    Without a global approach to its management, artificial intelligence could lead to artificial divisions across the board – a Great Fracture with two internets, two markets, two economies – with every country forced to pick a side, and enormous consequences for all.

    The United Nations is the universal platform for dialogue and consensus.

    It is uniquely placed to promote cooperation on AI – based on the values of the Charter and international law.

    The global debate happens here, or it does not happen.

    I welcome important first steps.

    Two resolutions in the General Assembly, the Global Digital Compact, and the recommendations of the High-Level Body on AI can lay the foundations for inclusive governance of AI.

    Let’s move forward together to make AI a force for good.

    Excellencies,

    Nothing lasts forever.

    But a feature of human life is that it appears otherwise.

    The current order always feels fixed.

    Until it is not.
     
    Across human history, we see empires rising and falling; old certainties crumbling; tectonic shifts in global affairs.
     
    Today our course is unsustainable.

    It is in all our interests to manage the epic transformations underway; to choose the future we want and to guide our world towards it.

    Many have said that the differences and divisions today are just too great.

    That it is impossible for us to come together for the common good.

    You proved that is not true.

    The Summit of the Future showed that with a spirit of dialogue and compromise, we can join forces to steer our world to a more sustainable path.

    It is not the end.

    It is a start of a journey, a compass in the whirlwind.

    Let’s keep going.

    Let’s move our world towards less impunity and more accountability …. less inequality and more justice … less uncertainty and more opportunity.

    The people of the world are looking to us – and succeeding generations will look back on us.

    Let them find us on the side of the United Nations Charter … on the side of our shared values and principles … and on the right side of history.

    I thank you.

    MIL OSI Africa –

    September 29, 2024
  • MIL-OSI Banking: OEUK news OEUK: GB Energy must build on Aberdeen’s industrial 24 September 2024

    Source: Offshore Energy UK

    Headline: OEUK news

    OEUK: GB Energy must build on Aberdeen’s industrial

    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.


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    MIL OSI Global Banks –

    September 29, 2024
  • MIL-OSI United Kingdom: Great British Energy to be based in Aberdeen

    Source: Scotland – City of Aberdeen

    In response to the Prime Minister’s announcement that Great Briti Energy will be based in Aberdeen
     
    Joint statement from Aberdeen City Council Co-Leaders, Councillors Ian Yuill and Christian Allard: “We are delighted that GB Energy is going to be based in Aberdeen. As the energy capital of Europe, Aberdeen is best placed in Scotland to be home to the UK Government’s GB Energy headquarters. Aberdeen has been a magnet for energy investments for decades and the city has already established itself as a renewables hub with businesses investing in offshore wind and green hydrogen. This will help secure future investments in the sector and will help confirm Aberdeen as the Net Zero Capital of Europe. Aberdeen’s entrepreneurial and innovative energy businesses have the people, the experience, the skills, and the business know-how in leading the energy transition worldwide .” 

    MIL OSI United Kingdom –

    September 29, 2024
  • MIL-OSI: Global Carbon Dioxide Removal Market Size Expected to Reach $2.54 Billion By 2033 as Climate Change Concerns Grow

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The carbon dioxide removal market has grown rapidly with the developments in the chemical domain. This industry mainly deals with providing solutions for removing C02 from the environment using natural and artificial methods. The C02 removal strategy is mostly integrated into many climate policies, as CO2 is an important element of climate change. CDR includes several methods that are mainly used on land or in aquatic systems. Land-based methods consist of afforestation, reforestation, and other agricultural practices. The water-based methods include ocean alkalinity enhancement, ocean fertilization, wetland restoration, and some blue carbon approaches. There are several products that are used in the CDR process that mainly include Biochar, Direct Air Capture (DAC), Enhanced/Carbon Mineralization, Ocean Alkalinization, BECCS, Microalgae, and some others. The CDR mainly finds applications in the technology and finance sectors. This industry is expected to grow exponentially with the growth in chemical industries. A report from Precedence Research said: “The global carbon dioxide removal market size was USD 638.73 million in 2023, calculated at USD $733.52 million in 2024 and is expected to reach around USD $2,548.29 million by 2033. The market is expanding at a solid CAGR of 14.84% over the forecast period 2024 to 2033. The rising awareness of reducing CO2 emissions across the world is driving the growth of the carbon dioxide removal market.” Active companies in the markets this week include: BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF), Occidental Petroleum Corporation (NYSE: OXY), Arq, Inc. (NASDAQ: ARQ), Gevo, Inc. (NASDAQ: GEVO), Bloom Energy Corporation (NYSE: BE).

    The Precedence Research report continued saying: “The growing developments in the chemical industry are expected to drive the growth of the carbon dioxide removal market. The rising government initiatives for lowering CO2 emissions have driven the market growth. The increasing demand for clean air across the world fosters market growth. The growing investments from public and private sector entities for developing the carbon dioxide removal industry propels the market growth. The rising awareness of a clean environment among the people boosts the market growth to some extent. Increasing adoption of reforestation across the world is expected to boost market growth. The rise in the number of DAC plants in several countries across the world boosts market growth. The ongoing research and development activities related to CDR methodologies have impacted the carbon dioxide removal market growth positively.”

    BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF) Secures US$105 Million Biochar Sales Agreement – Ten-year contract for agricultural grade soil amendments in Southern USA – BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF) (FWB: QE4 /WKN A401NM) (“BluSky” or the “Company”), an innovative entry into the carbon removal clean technology sector is very pleased to announce that it has entered into a sales agreement (“Sales Agreement”) with a U.S. based purchaser (“Purchaser”) pursuant to which the Company has agreed to supply, and the Purchaser has agreed to purchase, up to 382,213 tonnes of biochar over a period of 10 years substantially on the schedule and pricing terms as set forth in the press release issued today.

    The Agreement sets forth a delivery schedule (see tables 1 to 3 shown in the current press release today) designed to achieve an initial volume of approximately 22,200 short tons within the first year of operation, scaling up to approximately 40,000 tons per year for the remainder of the of the Agreement. Biochar will be supplied on as-is basis. The moisture content will be verified with a Certificate of Analysis (CoA) at delivery. Based upon a negotiated rate of two hundred and seventy-five dollars (US$275) per ton, the sales value under the Agreement is approximately US$105 million.

    Biochar is black carbon produced from biomass sources (i.e., wood chips, plant residues, manure or other agricultural waste products) for the purpose of transforming the biomass carbon into a more stable form (carbon sequestration). It can persist for long periods of time in the soil at various depths, typically thousands of years. Biochar is produced by heating biomass or waste materials containing carbon through pyrolysis. Pyrolysis involves thermal and chemical decomposition of biomass in limited or zero supply of oxygen, typically at temperatures ranging from 300°C to 1000°C. Biochar can be used as a soil amendment to improve soil physical and chemical properties, enhance water retention, and sequester carbon. It also contributes to climate change mitigation by stabilizing carbon in soils for thousands of years, preventing it from being released as carbon dioxide into the atmosphere. Biochar has shown promise in increasing crop yields, improving soil fertility, and reducing environmental pollution through its ability to retain nutrients and minimize greenhouse gas emissions.

    The Company notes that its ability to meet scheduled delivery of biochar beyond year 1 is conditional upon its commissioning and receiving an additional two (2) Vulcan Heavy biomass pyrolysis systems (Vulcan Heavy). The Company anticipates that each Vulcan Heavy will cost approximately US$3 million and take up to nine months to be manufactured and delivered to the job site. BluSky’s ability to commission any Vulcan Heavy will be contingent on its ability to secure financing on acceptable terms, and no assurance can be given this will occur. At present, the Company believes that it will have the ability to produce 15,000 tons annually (with a sales value of approximately US$4 million under the Agreement) once it completes the build out of its “Kiloplex” facility, including testing and optimization of its Vulcan Heavy system. CONTINUED… Read this full press release and more news for BluSky Carbon at: https://bluskycarbon.com/news/

    Other recent developments in the markets of note include:

    1PointFive, a wholly owned subsidiary of Occidental Petroleum Corporation (NYSE: OXY), announced recently that the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub. The award is a milestone in furthering commercial-scale DAC in the United States and validation of Occidental and 1PointFive’s ability to use their decades-long expertise in carbon management to accelerate the vital climate technology.

    The funding will be provided in multiple tranches. The initial award of $50 million will advance 1PointFive’s ongoing work at the South Texas DAC Hub. Upcoming activities include engineering, permitting, the procurement of long-lead equipment and continued community engagement to further 1PointFive’s community benefits plan. The total award value for the South Texas DAC Hub is expected to be up to $500 million for the initial DAC facility at the site, and potentially increased up to $650 million for the development of an expanded regional carbon network in South Texas.

    Arq, Inc. (NASDAQ: ARQ), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, recently announced the pricing of an underwritten public offering of 4,770,000 shares of its common stock, par value $0.001 per share (“common stock”), at a price to the public of $5.25 per share. All of the shares in the offering are being sold by Arq. The gross proceeds to Arq from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $25 million. The offering is expected to close on or about September 23, 2024, subject to customary closing conditions. In addition, Arq has granted the underwriters a 30-day option to purchase up to an additional 715,500 shares of its common stock in the underwritten public offering.

    Arq intends to use the net proceeds from this offering for general corporate purposes, which may include working capital, capital expenditures, including continued construction of granular activated carbon facilities at Arq’s Red River and Corbin manufacturing facilities located in Coushatta, Louisiana and Corbin, Kentucky, respectively, research and development expenditures, commercial expenditures, debt service costs and repayment, acquisitions of new technologies, products or businesses, and investments.

    Gevo, Inc. (NASDAQ: GEVO) recently announced the sale of approximately $20 million in Investment Tax Credits to an undisclosed corporate buyer. This transaction monetizes Inflation Reduction Act (“IRA”) Investment Tax Credits generated from the commercialization of a renewable natural gas (“RNG”) production facility by Gevo NW Iowa RNG, LLC (“Gevo RNG”) and provides net cash proceeds of approximately $17 million to Gevo after transaction fees.

    The Gevo RNG asset has been optimized to produce approximately 400,000 MMBtus of RNG per year, and Gevo expects to further increase production over time. Additional RNG value could be unlocked through the monetization of Section 45Z Clean Fuel Production Credits under the IRA, once those rules are defined.

    Bloom Energy Corporation (NYSE: BE) recently in response to market commentary regarding the results of the recent Korea Hydrogen Portfolio Standard auction, Bloom said it expects shipment volumes to Korea to be similar in 2024 and the coming years to what they have been in recent years. As disclosed previously, we continue to expect our partner SK ecoplant Co., Ltd. to purchase 500MW of Bloom solid oxide fuel cells between January 1, 2024 and December 31, 2027.

    Bloom is the proven leader in solid oxide fuel cell technology, having demonstrated 60% electrical efficiency using hydrogen, and 90% combined heat and power efficiency. Bloom remains fully confident in our partners in Korea, and in the ability for Bloom fuel cells to be transformative to the Korean energy market. The public auction is just one mechanism for the sale of our energy servers into the Korean market. Our partners have other development projects in addition to those emanating from the auction.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated twenty three hundred dollars for news coverage of the current press releases issued by BluSky Carbon Inc. by the company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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    SOURCE: FN Media Group, LLC.

    The MIL Network –

    September 29, 2024
  • MIL-OSI USA: ICYMI: Mullin to the Wall Street Journal: Where are the Senate Democrats on Fracking?

    US Senate News:

    Source: United States Senator MarkWayne Mullin (R-Oklahoma)

    ICYMI: Mullin to the Wall Street Journal: Where are the Senate Democrats on Fracking?

    U.S. Senator Markwayne Mullin (R-OK) responded to a recent op-ed in the Wall Street Journal with a letter to the editor highlighting the importance of hydraulic fracturing (fracking) to support our allies and keep energy costs low.
    The letter can be found here and below.
    “Your editorial “Where’s Kamala on LNG Exports?” (Sept. 19) raises a question similar to the one I posed to my colleagues: Where are Senate Democrats on fracking?
    Hydraulic fracturing, or fracking, is essential to our ability to provide abundant, affordable energy to our citizens and allies. If House Democrats are writing to the White House in support of liquefied natural-gas exports, one might assume they should be in favor of fracking, too.
    I took to the floor with Sen. Katie Britt (R., Ala.) to request that the Senate pass the Protecting American Energy Production Act by unanimous consent. This bill, which would have prohibited the president from unilaterally canceling fracking projects, was immediately blocked. Ironically, one of the senators who opposed it was from Massachusetts, whose residents pay the nation’s highest electricity costs to heat their homes.
    Our allies want to do business with us, and our economy desperately needs it. Instead we’re letting the Organization of the Petroleum Exporting Countries set the world price for crude and allowing our adversaries to get rich off our backs. Never mind that we could produce the energy in a much cleaner and more efficient way.
    The world demand for fossil fuels is increasing. Why are we continuing the moratorium at the expense of the American taxpayer?”

    MIL OSI USA News –

    September 29, 2024
  • MIL-OSI Africa: Secretary-General’s remarks at the Opening of the General Debate of the Seventy-ninth Session of the General Assembly [trilingual, as delivered, scroll down for all-English and all-French]

    Source: United Nations – English

    r. President of the General Assembly,

    Excellencies,

    Ladies and gentlemen,

    Our world is in a whirlwind.

    We are in an era of epic transformation – facing challenges unlike any we have ever seen – challenges that demand global solutions.

    Yet geo-political divisions keep deepening. The planet keeps heating.

    Wars rage with no clue how they will end.

    And nuclear posturing and new weapons cast a dark shadow.

    We are edging towards the unimaginable – a powder keg that risks engulfing the world.

    Meanwhile, 2024 is the year that half of humanity goes to the polls – and all of humanity will be affected.

    I stand before you in this whirlwind convinced of two overriding truths.

    First, the state of our world is unsustainable.

    We can’t go on like this.

    And second, the challenges we face are solvable.

    But that requires us to make sure the mechanisms of international problem-solving actually solve problems.

    The Summit of the Future was a first step, but we have a long way to go.

    Getting there requires confronting three major drivers of unsustainability.

    A world of impunity – where violations and abuses threaten the very foundation of international law and the UN Charter.

    A world of inequality – where injustices and grievances threaten to undermine countries or even push them over the edge.

    And a world of uncertainty – where unmanaged global risks threaten our future in unknowable ways.

    These worlds of impunity, inequality and uncertainty are connected and colliding.

    Excellencies,

    The level of impunity in the world is politically indefensible and morally intolerable.

    Today, a growing number of governments and others feel entitled to a “get out of jail free” card.

    They can trample international law.

    They can violate the United Nations Charter.

    They can turn a blind eye to international human rights conventions or the decisions of international courts.

    They can thumb their nose at international humanitarian law.

    They can invade another country, lay waste to whole societies, or utterly disregard the welfare of their own people.

    And nothing will happen.

    We see this age of impunity everywhere — in the Middle East, in the heart of Europe, in the Horn of Africa, and beyond.

    The war in Ukraine is spreading with no signs of letting up.

    Civilians are paying the price – in rising death tolls and shattered lives and communities.

    It is time for a just peace based on the UN Charter, on international law and on UN resolutions.

    Meanwhile, Gaza is a non-stop nightmare that threatens to take the entire region with it.

    Look no further than Lebanon.

    We should all be alarmed by the escalation. 

    Lebanon is at the brink. 

    The people of Lebanon – the people of Israel – and the people of the world — cannot afford Lebanon to become another Gaza.

    Let’s be clear.

    Nothing can justify the abhorrent acts of terror committed by Hamas on October 7th, or the taking of hostages – both of which I have repeatedly condemned.

    And nothing can justify the collective punishment of the Palestinian people.

    The speed and scale of the killing and destruction in Gaza are unlike anything in my years as Secretary-General.

    More than 200 of our own staff have been killed, many with their families.

    And yet the women and men of the United Nations continue to deliver humanitarian aid.

    I know you join me in paying a special tribute to UNRWA and to all humanitarians in Gaza.

    The international community must mobilize for an immediate ceasefire, the immediate and unconditional release of all hostages, and the beginning of an irreversible process towards a two-State solution.

    For those who go on undermining that goal with more settlements, more landgrabs, more incitement — I ask:

    What is the alternative?

    How could the world accept a one-state future in which a large a large number of Palestinians would be included without any freedom, rights or dignity?

    In Sudan, a brutal power struggle has unleashed horrific violence — including widespread rape and sexual assaults.

    A humanitarian catastrophe is unfolding as famine spreads.  Yet outside powers continue to interfere with no unified approach to finding peace.

    In the Sahel, the dramatic and rapid expansion of the terrorist threat requires a joint approach rooted in solidarity – but regional and international cooperation have broken down.

    From Myanmar to the Democratic Republic of the Congo to Haiti to Yemen and beyond – we continue to see appalling levels of violence and human suffering in the face of a chronic failure to find solutions.

    Meanwhile our peacekeeping missions are too often operating in areas where simply there is no peace to keep.

    Instability in many places around the world is a by-product of instability in power relations and geo-political divides.

    For all its perils, the Cold War had rules.

    There were hot lines, red lines and guard rails.

    It can feel as though we don’t have that today.

    Nor do we have a unipolar world.

    We are moving to a multipolar world, but we are not there yet.

    We are in a purgatory of polarity.

    And in this purgatory, more and more countries are filling the spaces of geopolitical divides, doing whatever they want with no accountability.

    That is why it is more important than ever to reaffirm the Charter, to respect international law, to support and implement decisions of international courts, and to reinforce human rights in the world.

    Anywhere and everywhere.

    Excellences, Mesdames et Messieurs,
     
    L’augmentation des inégalités est un deuxième facteur de l’insoutenabilité et une tache sur notre conscience collective.
     
    L’inégalité n’est pas une question technique ou bureaucratique.
     
    Au fond, l’inégalité est une question de pouvoir, aux racines historiques.
     
    Les conflits, les bouleversements climatiques et la crise du coût de la vie étendent ces racines historiques plus profondément encore.
     
    Dans le même temps, le monde peine encore à se relever de la flambée des inégalités engendrée par la pandémie.
     
    Si l’on regarde les 75 pays les plus pauvres du monde, un tiers d’entre eux se trouve aujourd’hui dans une situation pire qu’il y a cinq ans.
     
    Au cours de la même période, les cinq hommes les plus riches de la planète ont plus que doublé leurs fortunes.
     
    Et un pour cent des habitants de la planète détient 43 % de l’ensemble des avoirs financiers mondiaux.
     
    Au niveau national, certains gouvernements décuplent les inégalités en accordant des cadeaux fiscaux massifs aux entreprises et aux ultra-riches — au détriment des investissements dans la santé, l’éducation et la protection sociale.
     
    Et personne n’est plus lésé que les femmes et les filles du monde entier.
     
    Excellences,
     
    La discrimination et les abus généralisés fondés sur le genre constituent l’inégalité la plus répandue dans toutes les sociétés.
     
    Chaque jour, il semble que nous soyons confrontés à de nouveaux cas révoltants de féminicides, de violences fondées sur le genre et de viols collectifs – en temps de paix comme en tant qu’arme de guerre.
     
    Dans certains pays, les lois sont utilisées pour menacer la santé et les droits reproductifs.
     
    Et en Afghanistan, les lois sont utilisées pour entériner l’oppression systématique des femmes et des filles.
     
    Et je suis désolé de constater que, malgré des années de beaux discours, l’inégalité de genre se manifesteet je vous demande pardon de le dire, elle se manifeste aujourd’hui encore, pleinement dans cette enceinte.
     
    Moins de 10 pour cent des intervenants au Débat général de cette semaine sont des femmes.
     
    C’est inacceptable, surtout quand on sait que l’égalité entre les femmes et les hommes contribue à la paix, au développement durable, à l’action climatique et bien plus encore.
     
    C’est précisément pour cela nous avons pris des mesures spécifiques pour atteindre la parité hommes-femmes parmi les hauts responsables de l’Organisation des Nations Unies,objectif qui est déjà complété.
     
    C’est faisable.
     
    J’exhorte les institutions politiques et économiques du monde dominées par les hommes à le faire aussi.
     
    Excellences,
     
    Les inégalités mondiales se reflètent et se renforcent jusque dans nos propres organisations internationales.
     
    Le Conseil de sécurité des Nations Unies a été conçu par les vainqueurs de la Seconde Guerre mondiale.
     
    À l’époque, la majeure partie du continent africain était encore sous domination coloniale.
     
    À ce jour, l’Afrique n’a toujours aucun siège permanent au sein de la principale instance de paix du monde.
     
    Un changement s’impose.
     
    Il en va de même pour l’architecture financière mondiale, mise en place il y a 80 ans.
     
    Je félicite les dirigeants de la Banque mondiale et du Fonds monétaire international pour les mesures importantes qu’ils ont entreprises.
     
    Mais comme le souligne le Pacte pour l’avenir, la lutte contre les inégalités exige une accélération de la réforme de l’architecture financière internationale.
     
    Au cours des huit dernières décennies, l’économie mondiale s’est développée et transformée.
     
    Les institutions de Bretton Woods n’ont pas suivi le rythme.
     
    Elles ne sont plus en mesure de fournir un filet de sécurité mondial, ni d’offrir aux pays en développement le niveau de soutien dont ils ont tant besoin.
     
    Dans les pays les plus pauvres du monde, le coût des intérêts de la dette dépasse, en moyenne, le coût des investissements dans l’éducation, la santé et les infrastructures publiques réunis.
     
    Et à l’échelle du monde, plus de 80 % des cibles des Objectifs de développement durable ne sont pas en bonne voie.

    Excelencias,

    Volver al camino correcto requiere un aumento de financiamiento para la Agenda 2030 y el Acuerdo de París.

    Esto implica que los países del G20 lideren un Estímulo para los Objetivos de Desarrollo Sostenible de 500.000 millones de dólares al año.

    Implica reformas para aumentar sustancialmente la capacidad de préstamo de los Bancos Multilaterales de Desarrollo – y permitirles ampliar masivamente la financiación asequible a largo plazo para el clima y el desarrollo.

    Implica ampliar la financiación de contingencia mediante el reciclaje de los Derechos Especiales de Giro.

    E implica promover una reestructuración de la deuda a largo plazo.

    Excelencias,

    No me hago ilusiones sobre las barreras a la reforma del sistema multilateral.

    Los que tienen poder político y económico, o y los que creen tenerlo, son siempre reacios al cambio.

    Pero el status quo ya está agotando su poder.

    Sin reformas, la fragmentación es inevitable, y las instituciones globales perderán legitimidad, credibilidad y eficacia.

    Excellencies,

    The third driver of our unsustainable world is uncertainty.

    The ground is shifting under our feet.

    Anxiety levels are off the charts.

    And young people, in particular, are counting on us and seeking solutions.

    Uncertainty is compounded by two existential threats – the climate crisis and the rapid advance of technology — in particular, Artificial Intelligence.

    Excellencies,

    We are in a climate meltdown.

    Extreme temperatures, raging fires, droughts, and epic floods are not natural disasters.

    They are human disasters — increasingly fueled by fossil fuels.

    No country is spared. But the poorest and most vulnerable are hardest hit.

    Climate hazards are blowing a hole through the budgets of many African countries, costing up to five per cent of GDP – every year.

    And this is just the start.

    We are on course to careen past the global limit of a 1.5 degree temperature rise.

    But as the problem gets worse, solutions are getting better.

    Renewable prices are plummeting, roll-out is accelerating, and lives are being transformed by affordable, accessible clean energy.

    Renewables don’t just generate power. They generate jobs, wealth, energy security and a path out of poverty for millions.

    But developing countries cannot be plundered in that journey.

    Our Panel on Critical Minerals has recommended fair and sustainable ways to meet global demand for these resources, which are essential to the renewables revolution.

    Excellencies,

    A future without fossil fuels is certain.  A fair and fast transition is not.

    That is in your hands.

    By next year, every country must produce an ambitious new national climate action plan – or Nationally Determined Contributions.

    These must bring national energy strategies, sustainable development priorities, and climate ambitions together.

    They must align with the 1.5 degree limit, cover the whole economy, and contribute to every one of the COP28 energy transition targets.

    An International Energy Agency report released today breaks this down.

    By 2035, on average, advanced economies must slash energy emissions 80 per cent, and emerging markets 65 per cent.

    The G20 is responsible for 80 per cent of total emissions.

    They must lead the charge – keeping with the principle of common but differentiated responsibilities and respective capabilities in the light of different national circumstances.

    But this must be a joint effort — pooling resources, scientific capacities and proven and affordable technologies for all to be able to reach those targets.

    I’m honoured to be working closely with President Lula of Brazil – who is both G20 Chair and COP30 host – to secure maximum ambition, acceleration and cooperation. We just met for that purpose.

    Finance is essential.

    COP29 is around the corner.

    It must deliver a significant new finance goal.

    We also need a Loss and Damage Fund that meets the scale of the challenge – and developed countries meeting their adaptation finance promises.

    And we must finally flip the script on a crazy situation:

    We continue to reward polluters to wreck our planet.

    The fossil fuel industry continues to pocket massive profits and subsidies, while everyday people bear the costs of climate catastrophe – from rising insurance premiums to lost livelihoods.

    I call on G20 countries to shift money from fossil fuel subsidies and investments to a just energy transition;

    To put an effective price on carbon;

    And to implement new and innovative sources of financing – including solidarity levies on fossil fuel extraction – through legally-binding, transparent mechanisms.

    All by next year and this taking into account that those who shoulder the blame must foot the bill.

    Polluters must pay.

    Excellencies,

    The rapid rise of new technologies poses another unpredictable existential risk.

    Artificial Intelligence will change virtually everything we know — from work, education and communication, to culture and politics.

    We know AI is rapidly advancing, but where is it taking us:

    To more freedom – or more conflict?

    To a more sustainable world – or greater inequality?

    To being better informed – or easier to manipulate?

    A handful of companies and even individuals have already amassed enormous power over the development of AI – with little accountability or oversight for the moment.

    Without a global approach to its management, artificial intelligence could lead to artificial divisions across the board – a Great Fracture with two internets, two markets, two economies – with every country forced to pick a side, and enormous consequences for all.

    The United Nations is the universal platform for dialogue and consensus.

    It is uniquely placed to promote cooperation on AI – based on the values of the Charter and international law.

    The global debate happens here, or it does not happen.

    I welcome important first steps.

    Two resolutions in the General Assembly, the Global Digital Compact, and the recommendations of the High-Level Body on AI can lay the foundations for inclusive governance of AI.

    Let’s move forward together to make AI a force for good.

    Excellencies,

    Nothing lasts forever.

    But a feature of human life is that it appears otherwise.

    The current order always feels fixed.

    Until it is not.
     
    Across human history, we see empires rising and falling; old certainties crumbling; tectonic shifts in global affairs.
     
    Today our course is unsustainable.

    It is in all our interests to manage the epic transformations underway; to choose the future we want and to guide our world towards it.

    Many have said that the differences and divisions today are just too great.

    That it is impossible for us to come together for the common good.

    You proved that is not true.

    The Summit of the Future showed that with a spirit of dialogue and compromise, we can join forces to steer our world to a more sustainable path.

    It is not the end.

    It is a start of a journey, a compass in the whirlwind.

    Let’s keep going.

    Let’s move our world towards less impunity and more accountability …. less inequality and more justice … less uncertainty and more opportunity.

    The people of the world are looking to us – and succeeding generations will look back on us.

    Let them find us on the side of the United Nations Charter … on the side of our shared values and principles … and on the right side of history.

    I thank you.

    ***
    [all-English]

    Mr. President of the General Assembly,
     
    Excellencies,
     
    Ladies and gentlemen,
     
    Our world is in a whirlwind.
     
    We are in an era of epic transformation – facing challenges unlike any we have ever seen – challenges that demand global solutions.
     
    Yet geo-political divisions keep deepening. The planet keeps heating.

    Wars rage with no clue how they will end.
     
    And nuclear posturing and new weapons cast a dark shadow.
     
    We are edging towards the unimaginable – a powder keg that risks engulfing the world.
     
    Meanwhile, 2024 is the year that half of humanity goes to the polls – and all of humanity will be affected.
     
    I stand before you in this whirlwind convinced of two overriding truths.
     
    First, the state of our world is unsustainable.
     
    We can’t go on like this.
     
    And second, the challenges we face are solvable.
     
    But that requires us to make sure the mechanisms of international problem-solving actually solve problems.
     
    The Summit of the Future was a first step, but we have a long way to go.
     
    Getting there requires confronting three major drivers of unsustainability.
     
    A world of impunity – where violations and abuses threaten the very foundation of international law and the UN Charter.
     
    A world of inequality – where injustices and grievances threaten to undermine countries or even push them over the edge.
     
    And a world of uncertainty – where unmanaged global risks threaten our future in unknowable ways.
     
    These worlds of impunity, inequality and uncertainty are connected and colliding.
     
    Excellencies,
     
    The level of impunity in the world is politically indefensible and morally intolerable.
     
    Today, a growing number of governments and others feel entitled to a “get out of jail free” card.
     
    They can trample international law.
     
    They can violate the United Nations Charter.
     
    They can turn a blind eye to international human rights conventions or the decisions of international courts.
     
    They can thumb their nose at international humanitarian law.
     
    They can invade another country, lay waste to whole societies, or utterly disregard the welfare of their own people.
     
    And nothing will happen.
     
    We see this age of impunity everywhere — in the Middle East, in the heart of Europe, in the Horn of Africa, and beyond.
     
    The war in Ukraine is spreading with no signs of letting up.
     
    Civilians are paying the price – in rising death tolls and shattered lives and communities.
     
    It is time for a just peace based on the UN Charter, on international law and on UN resolutions.
     
    Meanwhile, Gaza is a non-stop nightmare that threatens to take the entire region with it.
     
    Look no further than Lebanon.
     
    We should all be alarmed by the escalation. 
     
    Lebanon is at the brink. 
     
    The people of Lebanon – the people of Israel – and the people of the world — cannot afford Lebanon to become another Gaza.
     
    Let’s be clear.
     
    Nothing can justify the abhorrent acts of terror committed by Hamas on October 7th, or the taking of hostages – both of which I have repeatedly condemned.
     
    And nothing can justify the collective punishment of the Palestinian people.
     
    The speed and scale of the killing and destruction in Gaza are unlike anything in my years as Secretary-General.
     
    More than 200 of our own staff have been killed, many with their families.
     
    And yet the women and men of the United Nations continue to deliver humanitarian aid.
     
    I know you join me in paying a special tribute to UNRWA and to all humanitarians in Gaza.
     
    The international community must mobilize for an immediate ceasefire, the immediate and unconditional release of all hostages, and the beginning of an irreversible process towards a two-State solution.
     
    For those who go on undermining that goal with more settlements, more landgrabs, more incitement — I ask:
     
    What is the alternative?
     
    How could the world accept a one-state future in which a large a large number of Palestinians would be included without any freedom, rights or dignity?
     
    In Sudan, a brutal power struggle has unleashed horrific violence — including widespread rape and sexual assaults.
     
    A humanitarian catastrophe is unfolding as famine spreads.  Yet outside powers continue to interfere with no unified approach to finding peace.
     
    In the Sahel, the dramatic and rapid expansion of the terrorist threat requires a joint approach rooted in solidarity – but regional and international cooperation have broken down.
     
    From Myanmar to the Democratic Republic of the Congo to Haiti to Yemen and beyond – we continue to see appalling levels of violence and human suffering in the face of a chronic failure to find solutions.
     
    Meanwhile our peacekeeping missions are too often operating in areas where simply there is no peace to keep.
     
    Instability in many places around the world is a by-product of instability in power relations and geo-political divides.
     
    For all its perils, the Cold War had rules.
     
    There were hot lines, red lines and guard rails.
     
    It can feel as though we don’t have that today.
     
    Nor do we have a unipolar world.
     
    We are moving to a multipolar world, but we are not there yet.
     
    We are in a purgatory of polarity.
     
    And in this purgatory, more and more countries are filling the spaces of geopolitical divides, doing whatever they want with no accountability.
     
    That is why it is more important than ever to reaffirm the Charter, to respect international law, to support and implement decisions of international courts, and to reinforce human rights in the world.
     
    Anywhere and everywhere.

    Excellencies, Ladies and Gentlemen,

    Rising inequalities are a second driver of unsustainability and a stain on our collective conscience. 

    Inequality is not a technical or bureaucratic issue. 

    At its heart, inequality is a question of power with historic roots.

    Conflict, climate upheaval and the cost-of-living crisis, are pushing those roots deeper. 

    At the same time, the world has not recovered from the surge in inequalities caused by the pandemic.

    Of the world’s poorest 75 countries, one-third are worse off today than they were five years ago.

    During that same period, the five richest men in the world have more than doubled their wealth.
     
    And the top one per cent of people on earth own 43 per cent of all global financial assets.

    At the national level, some governments are supercharging inequalities by doling out massive tax giveaways to corporations and the ultra-rich, while shortchanging investments in health, education and social protection.

    No one is being short-changed more than the world’s women and girls. 

    Excellencies, 
     
    Rampant gender-based discrimination and abuse are the most prevalent inequality across all societies. 
     
    Every day, it seems we are confronted by yet more sickening cases of femicide, gender-based violence and mass rape, both in peacetime and as a weapon of war. 
     
    In some countries, laws are being used to threaten reproductive health and rights. 

    And in Afghanistan, laws are being used to lock-in the systematic oppression of women and girls. 
     
    And I am sorry to observe that despite years of talk, gender inequality is on full display, and I am sorry for mentioning it here, gender inequality is on full display in this very Hall. 

    Less than 10 per cent of speakers during this week’s General Debate are women. 
     
    This is unacceptable – especially when we know gender equality delivers for peace, sustainable development, climate action and much more. 

    That is precisely why we took targeted measures to achieve gender parity among the United Nations senior leadership, an objective that has already been achieved.

    It’s doable. 

    I call on male-dominated political and economic establishments around the world to do it as well.
     
    Excellencies,

    Global inequalities are reflected and reinforced even in our own global institutions.

    The United Nations Security Council was designed by the victors of the Second World War. 

    Most of Africa was still under colonial domination. 

    To this day, Africa has no permanent seat on the world’s preeminent council of peace. 

    This must change.

    So must the global financial architecture, set up 80 years ago. 

    I commend the leaders of the World Bank and the International Monetary Fund for taking important steps.

    But as the Pact for the Future emphasizes, tackling inequalities requires accelerating reform of the international financial architecture.

    Over the past eight decades, the global economy has grown and transformed.

    The Bretton Woods institutions have not kept pace.

    They can no longer provide a global safety net – or offer developing countries the level of support they need.

    Debt interest payments in the world’s poorest countries now cost more, on average, than investments in education, health and infrastructure combined.

    And around the world, more than 80 per cent of Sustainable Development Goal targets are off track. 

    Excellencies,

    Getting back on track requires a surge of financing for the 2030 Agenda and the Paris Agreement.

    That means G20 countries leading on an SDG Stimulus of $500 billion a year. 

    It means reforms to substantially increase the lending capacity of Multilateral Development Banks and enable them to massively scale-up affordable long-term climate and development finance.

    It means expanding contingency financing through recycling Special Drawing Rights.

    And it means promoting long-term debt-restructuring.

    Excellencies,

    I have no illusions about the obstacles to reform of the multilateral system.

    Those with political and economic power – and those who believe they have power – are always reluctant to change.

    But the status quo is already draining their power.

    Without reform, fragmentation is inevitable, and global institutions will become less legitimate, less credible, and less effective.
     
    Excellencies,
     
    The third driver of our unsustainable world is uncertainty.
     
    The ground is shifting under our feet.
     
    Anxiety levels are off the charts.
     
    And young people, in particular, are counting on us and seeking solutions.
     
    Uncertainty is compounded by two existential threats – the climate crisis and the rapid advance of technology — in particular, Artificial Intelligence.
     
    Excellencies,
     
    We are in a climate meltdown.
     
    Extreme temperatures, raging fires, droughts, and epic floods are not natural disasters.
     
    They are human disasters — increasingly fueled by fossil fuels.
     
    No country is spared. But the poorest and most vulnerable are hardest hit.
     
    Climate hazards are blowing a hole through the budgets of many African countries, costing up to five per cent of GDP – every year.
     
    And this is just the start.
     
    We are on course to careen past the global limit of a 1.5 degree temperature rise.
     
    But as the problem gets worse, solutions are getting better.
     
    Renewable prices are plummeting, roll-out is accelerating, and lives are being transformed by affordable, accessible clean energy.
     
    Renewables don’t just generate power. They generate jobs, wealth, energy security and a path out of poverty for millions.
     
    But developing countries cannot be plundered in that journey.
     
    Our Panel on Critical Minerals has recommended fair and sustainable ways to meet global demand for these resources, which are essential to the renewables revolution.
     
    Excellencies,
     
    A future without fossil fuels is certain.  A fair and fast transition is not.
     
    That is in your hands.
     
    By next year, every country must produce an ambitious new national climate action plan – or Nationally Determined Contributions.
     
    These must bring national energy strategies, sustainable development priorities, and climate ambitions together.
     
    They must align with the 1.5 degree limit, cover the whole economy, and contribute to every one of the COP28 energy transition targets.
     
    An International Energy Agency report released today breaks this down.
     
    By 2035, on average, advanced economies must slash energy emissions 80 per cent, and emerging markets 65 per cent.
     
    The G20 is responsible for 80 per cent of total emissions.
     
    They must lead the charge – keeping with the principle of common but differentiated responsibilities and respective capabilities in the light of different national circumstances.
     
    But this must be a joint effort — pooling resources, scientific capacities and proven and affordable technologies for all to be able to reach those targets.
     
    I’m honoured to be working closely with President Lula of Brazil – who is both G20 Chair and COP30 host – to secure maximum ambition, acceleration and cooperation. We just met for that purpose.
     
    Finance is essential.
     
    COP29 is around the corner.
     
    It must deliver a significant new finance goal.
     
    We also need a Loss and Damage Fund that meets the scale of the challenge – and developed countries meeting their adaptation finance promises.
     
    And we must finally flip the script on a crazy situation:
     
    We continue to reward polluters to wreck our planet.
     
    The fossil fuel industry continues to pocket massive profits and subsidies, while everyday people bear the costs of climate catastrophe – from rising insurance premiums to lost livelihoods.
     
    I call on G20 countries to shift money from fossil fuel subsidies and investments to a just energy transition;
     
    To put an effective price on carbon;
     
    And to implement new and innovative sources of financing – including solidarity levies on fossil fuel extraction – through legally-binding, transparent mechanisms.
     
    All by next year and this taking into account that those who shoulder the blame must foot the bill.
     
    Polluters must pay.
     
    Excellencies,
     
    The rapid rise of new technologies poses another unpredictable existential risk.
     
    Artificial Intelligence will change virtually everything we know — from work, education and communication, to culture and politics.
     
    We know AI is rapidly advancing, but where is it taking us:
     
    To more freedom – or more conflict?
     
    To a more sustainable world – or greater inequality?
     
    To being better informed – or easier to manipulate?
     
    A handful of companies and even individuals have already amassed enormous power over the development of AI – with little accountability or oversight for the moment.
     
    Without a global approach to its management, artificial intelligence could lead to artificial divisions across the board – a Great Fracture with two internets, two markets, two economies – with every country forced to pick a side, and enormous consequences for all.
     
    The United Nations is the universal platform for dialogue and consensus.
     
    It is uniquely placed to promote cooperation on AI – based on the values of the Charter and international law.
     
    The global debate happens here, or it does not happen.
     
    I welcome important first steps.
     
    Two resolutions in the General Assembly, the Global Digital Compact, and the recommendations of the High-Level Body on AI can lay the foundations for inclusive governance of AI.
     
    Let’s move forward together to make AI a force for good.
     
    Excellencies,
     
    Nothing lasts forever.
     
    But a feature of human life is that it appears otherwise.
     
    The current order always feels fixed.
     
    Until it is not.
     
    Across human history, we see empires rising and falling; old certainties crumbling; tectonic shifts in global affairs.
     
    Today our course is unsustainable.
     
    It is in all our interests to manage the epic transformations underway; to choose the future we want and to guide our world towards it.
     
    Many have said that the differences and divisions today are just too great.
     
    That it is impossible for us to come together for the common good.
     
    You proved that is not true.
     
    The Summit of the Future showed that with a spirit of dialogue and compromise, we can join forces to steer our world to a more sustainable path.
     
    It is not the end.
     
    It is a start of a journey, a compass in the whirlwind.
     
    Let’s keep going.
     
    Let’s move our world towards less impunity and more accountability …. less inequality and more justice … less uncertainty and more opportunity.
     
    The people of the world are looking to us – and succeeding generations will look back on us.
     
    Let them find us on the side of the United Nations Charter … on the side of our shared values and principles … and on the right side of history.
     
    I thank you.

    ***
    [all-French]

    Monsieur le Président,

    Excellences,

    Mesdames et Messieurs,

    Notre monde est pris dans un tourbillon.

    Nous vivons une ère de transformation aux proportions épiques et faisons face à des défis sans précédent qui exigent des solutions mondiales.

    Et pourtant, les divisions géopolitiques ne vont qu’en s’aggravant. La planète continue de se réchauffer.

    Les guerres font rage sans que l’on sache comment elles vont se terminer.

    Les gesticulations nucléaires et les nouvelles armes font planer sur nous une ombre inquiétante.

    Nous allons tout droit vers l’inimaginable : une poudrière qui risque d’engloutir le monde.

    En 2024, la moitié de l’humanité doit se rendre aux urnes – et c’est sur l’humanité tout entière que pèsera l’issue de ces scrutins.

    Je me tiens devant vous, face à ce tourbillon, convaincu de deux vérités primordiales.

    Tout d’abord, l’état dans lequel se trouve notre monde n’est pas viable.

    On ne peut pas continuer ainsi.

    Et deuxièmement, il est possible de relever les défis auxquels nous sommes confrontés.

    Mais pour cela, nous devons nous assurer que les mécanismes de règlement des problèmes internationaux permettent bel et bien de régler les problèmes.

    Le Sommet de l’avenir était un premier pas, mais le chemin à parcourir est encore long.

    Pour y parvenir, il faut s’attaquer à trois grands facteurs de l’insoutenabilité.

    Un monde d’impunité – dans lequel les violations et les atteintes menacent le fondement même du droit international et de la Charte des Nations Unies.

    Un monde d’inégalités – où les injustices et les griefs auxquelles elles donnent jour menacent d’affaiblir les pays, ou pire, de les précipiter dans le gouffre.

    Et un monde d’incertitude – où les risques mondiaux ne sont pas gérés, ce qui hypothèque notre avenir, bien au-delà de ce que l’on peut imaginer.

    Ces mondes d’impunité, d’inégalité et d’incertitude sont liés entre eux et se télescopent.

    Excellences,

    Le degré d’impunité dans le monde est indéfendable sur le plan politique et moralement intolérable.

    Aujourd’hui, un nombre croissant de gouvernements et d’autres acteurs se sentent autorisés à bénéficier, comme au Monopoly, d’une carte « Vous êtes libéré de prison ».

    Ils peuvent fouler aux pieds le droit international.

    Ils peuvent violer la Charte des Nations Unies.

    Ils peuvent ignorer les conventions internationales relatives aux droits humains ou les décisions des tribunaux internationaux.

    Ils peuvent bafouer le droit international humanitaire.

    Ils peuvent envahir un autre pays, dévaster des sociétés entières ou mépriser complètement le bien-être de leur propre peuple.

    Sans que rien ne se passe.

    Partout ‒ au Moyen-Orient, au cœur de l’Europe, dans la Corne de l’Afrique et au-delà ‒ c’est l’ère de l’impunité.

    La guerre en Ukraine s’étend et rien n’indique qu’elle va s’arrêter.

    Ce sont les populations civiles qui en paient le prix. À preuve, les morts de plus en plus nombreuses, les vies et les communautés brisées.

    Il est temps d’instaurer une paix juste, fondée sur la Charte des Nations Unies, le droit international et les résolutions des organes des Nations Unies.

    Pendant ce temps, Gaza vit un cauchemar permanent qui menace d’entraîner toute la région dans le chaos.

    À commencer par le Liban.

    Nous devrions tous être alarmés par cette escalade. 

    Le Liban est au bord du gouffre. 

    Le peuple libanais, le peuple israélien et les peuples du monde ne peuvent se permettre que le Liban devienne un autre Gaza.

    Soyons clairs.

    Rien ne peut justifier les actes de terreur abominables commis par le Hamas le 7 octobre, ni les prises d’otages, que j’ai condamnés à maintes reprises.

    Mais rien ne peut justifier d’infliger un châtiment collectif au peuple palestinien.

    La rapidité et l’ampleur du massacre et des destructions à Gaza ne ressemblent à rien d’autre de ce que j’ai connu depuis que je suis Secrétaire général.

    Plus de 200 membres du personnel des Nations Unies ont déjà été tués et, souvent, des membres de leurs familles ont aussi péri à leurs côtés.

    Et pourtant, les femmes et les hommes des Nations Unies continuent d’accomplir leur mission.

    Je sais que vous vous joignez à moi pour rendre un hommage appuyé à l’UNRWA et à tous les humanitaires à Gaza.

    La communauté internationale doit se mobiliser pour obtenir un cessez-le-feu immédiat, la libération immédiate et inconditionnelle des tous les otages et le lancement d’un processus irréversible pour qu’une solution des deux États voie le jour.

    J’aimerais poser une question à ceux qui continuent de saper cet objectif en multipliant les implantations, les expulsions, les provocations:
    Quelle est l’alternative ?

    Comment le monde pourrait-il accepter un État qui inclurait un grand nombre de Palestiniens et de Palestiniennes privés de liberté, de droits et de dignité ?

    Au Soudan, une lutte brutale pour le pouvoir a donné lieu à d’horribles violences, notamment des viols et des agressions sexuelles à grande échelle.

    Une catastrophe humanitaire est en train de se produire dans un pays en proie à une famine rampante. Pourtant, les puissances extérieures continuent de s’ingérer sans aucune approche unifiée pour trouver la paix.

    Au Sahel, l’expansion dramatique et rapide de la menace terroriste exige l’adoption d’une approche commune fondée sur la solidarité, mais la coopération régionale et internationale est en panne.

    Du Myanmar à la République démocratique du Congo, en passant par Haïti et le Yémen, les populations restent exposées à des violences et des souffrances effroyables, sur fond d’incapacité chronique à trouver des solutions.

    Pendant ce temps, nos missions de maintien de la paix opèrent trop souvent dans des lieux où il n’y a tout simplement pas de paix à maintenir.

    L’instabilité que l’on observe en de nombreux endroits du monde est la conséquence de l’instabilité des relations de pouvoir et des clivages géopolitiques.

    La Guerre Froide était pleine de dangers, mais elle avait aussi ses règles.

    Il y avait le téléphone rouge, des limites à ne pas franchir et des garde-fous.

    On a parfois l’impression que l’on n’a rien de tout cela aujourd’hui.

    Nous ne vivons pas non plus dans un monde unipolaire.

    Nous sommes en train de passer à un monde multipolaire, mais nous n’y sommes pas encore.

    Nous sommes en fait dans le purgatoire de la polarité.

    Et dans ce purgatoire, de plus en plus de pays occupent les espaces laissés vides par les divisions géopolitiques et font ce qu’ils veulent sans avoir à rendre de comptes.

    C’est pourquoi il est plus important que jamais de réaffirmer la Charte, d’appuyer et de respecter le droit international et de renforcer les droits humains à travers le monde.

    Partout et en tout lieu.

    Excellences, Mesdames et Messieurs,

    L’augmentation des inégalités est un deuxième facteur de l’insoutenabilité et une tache sur notre conscience collective. 

    L’inégalité n’est pas une question technique ou bureaucratique. 

    Au fond, l’inégalité est une question de pouvoir, aux racines historiques.

    Les conflits, les bouleversements climatiques et la crise du coût de la vie étendent ces racines historiques plus profondément encore. 

    Dans le même temps, le monde peine encore à se relever de la flambée des inégalités engendrée par la pandémie.

    Si l’on regarde les 75 pays les plus pauvres du monde, un tiers d’entre eux se trouve aujourd’hui dans une situation pire qu’il y a cinq ans.

    Au cours de la même période, les cinq hommes les plus riches de la planète ont plus que doublé leurs fortunes.

    Et un pour cent des habitants de la planète détient 43 % de l’ensemble des avoirs financiers mondiaux.

    Au niveau national, certains gouvernements décuplent les inégalités en accordant des cadeaux fiscaux massifs aux entreprises et aux ultra-riches — au détriment des investissements dans la santé, l’éducation et la protection sociale.

    Et personne n’est plus lésé que les femmes et les filles du monde entier.

    Excellences,

    La discrimination et les abus généralisés fondés sur le genre constituent l’inégalité la plus répandue dans toutes les sociétés.

    Chaque jour, il semble que nous soyons confrontés à de nouveaux cas révoltants de féminicides, de violences fondées sur le genre et de viols collectifs – en temps de paix comme en tant qu’arme de guerre.

    Dans certains pays, les lois sont utilisées pour menacer la santé et les droits reproductifs. 

    Et en Afghanistan, les lois sont utilisées pour entériner l’oppression systématique des femmes et des filles.

    Et je suis désolé de constater que, malgré des années de beaux discours, l’inégalité de genre se manifeste, et je vous demande pardon de le dire, elle se manifeste aujourd’hui encore, pleinement dans cette enceinte.

    Moins de 10 pour cent des intervenants au Débat général de cette semaine sont des femmes.
     
    C’est inacceptable, surtout quand on sait que l’égalité entre les femmes et les hommes contribue à la paix, au développement durable, à l’action climatique et bien plus encore.

    C’est précisément pour cela nous avons pris des mesures spécifiques pour atteindre la parité hommes-femmes parmi les hauts responsables de l’Organisation des Nations Unies, objectif qui est déjà complété.

    C’est faisable.

    J’exhorte les institutions politiques et économiques du monde dominées par les hommes à le faire aussi.
     
    Excellences,

    Les inégalités mondiales se reflètent et se renforcent jusque dans nos propres organisations internationales.

    Le Conseil de sécurité des Nations Unies a été conçu par les vainqueurs de la Seconde Guerre mondiale. 

    À l’époque, la majeure partie du continent africain était encore sous domination coloniale. 

    À ce jour, l’Afrique n’a toujours aucun siège permanent au sein de la principale instance de paix du monde. 

    Un changement s’impose.

    Il en va de même pour l’architecture financière mondiale, mise en place il y a 80 ans. 

    Je félicite les dirigeants de la Banque mondiale et du Fonds monétaire international pour les mesures importantes qu’ils ont entreprises.

    Mais comme le souligne le Pacte pour l’avenir, la lutte contre les inégalités exige une accélération de la réforme de l’architecture financière internationale.

    Au cours des huit dernières décennies, l’économie mondiale s’est développée et transformée.

    Les institutions de Bretton Woods n’ont pas suivi le rythme.

    Elles ne sont plus en mesure de fournir un filet de sécurité mondial, ni d’offrir aux pays en développement le niveau de soutien dont ils ont tant besoin. 

    Dans les pays les plus pauvres du monde, le coût des intérêts de la dette dépasse, en moyenne, le coût des investissements dans l’éducation, la santé et les infrastructures publiques réunis.

    Et à l’échelle du monde, plus de 80 % des cibles des Objectifs de développement durable ne sont pas en bonne voie.

    Excellences,

    Pour que l’on puisse redresser le cap, les financements mobilisés pour le Programme 2030 et l’Accord de Paris doivent connaître un véritable bond.

    Cela implique que les pays du G20 montrent l’exemple sur le Plan de relance des Objectifs de développement durable, de 500 milliards de dollars par an.

    Cela implique également d’engager des réformes pour renforcer considérablement la capacité de prêt des Banques multilatérales de développement, afin qu’elles puissent proposer bien davantage de financements abordables et à long terme pour l’action climatique et le développement.

    Cela implique de débloquer plus largement des financements pour imprévus, à travers le recyclage des droits de tirage spéciaux.

    Et cela implique de promouvoir une restructuration de la dette à long terme.

    Excellences,

    Je ne me fais guère d’illusions sur les obstacles que nous rencontrerons dans le cadre de la réforme du système multilatéral.

    Ceux qui détiennent le pouvoir politique et économique – et ceux qui croient le détenir – ont toujours une aversion au changement.

    Pourtant, le statu quo ébranle déjà leur pouvoir.

    Sans réforme, la fragmentation est inévitable, condamnant les institutions mondiales à perdre en légitimité, en crédibilité et en efficacité.

    Excellences,

    Le troisième facteur de l’insoutenabilité de notre monde est l’incertitude.

    Le sol se dérobe sous nos pieds.

    L’anxiété est à son comble.

    Les jeunes, en particulier, comptent sur nous et recherchent des solutions.

    L’incertitude est aggravée par deux menaces existentielles : la crise climatique et les bouleversements technologiques rapides, notamment l’intelligence artificielle.

    Excellences,

    Nous assistons à un véritable effondrement du climat.

    Les températures extrêmes, les incendies violents, les sécheresses et les inondations catastrophiques ne sont pas des catastrophes naturelles.

    Ce sont des catastrophes humaines, dont les combustibles fossiles précipitent l’enchaînement.

    Aucun pays n’est épargné. Mais ce sont les pays les plus pauvres et les plus vulnérables qui paient le prix fort.

    Les calamités climatiques obèrent les budgets de nombreux pays d’Afrique et leur coûtent jusqu’à 5 % de leur PIB – chaque année.

    Et ce n’est que le début.

    La température mondiale est sur le point de dépasser la limite de 1,5 degré.

    Mais si le problème s’aggrave, les solutions que l’on y apporte deviennent plus efficaces.

    Prenons l’exemple des énergies renouvelables : leur prix diminue fortement, leur déploiement s’accélère et des populations voient leur quotidien transformé par une énergie propre, accessible et d’un coût abordable.

    Les énergies renouvelables ne servent pas qu’à produire de l’électricité. Elles créent aussi des emplois et de la richesse, sont gages de sécurité énergétique et permettent à des millions de personnes de sortir de la pauvreté.

    Mais cela ne doit pas passer par le pillage des pays en développement.

    Notre Groupe chargé de la question des minéraux essentiels a recommandé que des mesures équitables et durables soient prises pour répondre à la demande mondiale dans ces ressources, indispensables à la révolution des énergies renouvelables.

    Excellences,

    Il est certain qu’un monde sans combustibles fossiles verra le jour. En revanche, rien ne dit que la transition sera rapide ou équitable.

    Cela dépend de vous.

    D’ici à l’an prochain, tous les pays devront élaborer de nouveaux plans d’action nationaux pour le climat ambitieux – ou déterminer leurs contributions au niveau national.

    Ils devront faire converger leurs stratégies énergétiques nationales, leurs priorités en matière de développement durable et les ambitions climatiques.

    Ils devront ne pas dépasser la limite de 1,5 degré, couvrir l’ensemble de l’économie et concourir à la réalisation de tous les objectifs de transition énergétique convenus lors de la COP28.

    Dans le rapport qu’elle a publié aujourd’hui, l’Agence internationale de l’énergie chiffre le niveau d’ambition à atteindre.

    D’ici à 2035, en moyenne, les émissions de gaz à effet de serre doivent diminuer de 80 % dans les économies avancées, de 65 % dans les marchés émergents.

    Les pays du G20 sont responsables au total de 80 % des émissions.

    Ils doivent mener la charge, en respectant le principe des responsabilités communes mais différenciées et en tenant compte des capacités de chacun, en fonction des différents contextes nationaux.

    Mais cette action doit s’inscrire dans une démarche collective et suppose la mise en commun des ressources, des capacités scientifiques et de technologies abordables à l’efficacité avérée pour que tous puissent atteindre cet objectif.

    J’ai l’honneur de collaborer étroitement avec le Président Lula, dont le pays préside le G20 et accueillera la COP 30, afin de garantir le plus haut degré d’ambition possible, d’accélérer le rythme des progrès et de favoriser la coopération.

    Nous venons de nous rencontrer pour discuter de cela.

    Les financements sont d’une importance cruciale.

    La COP29 arrive à grands pas.

    Elle doit être l’occasion de fixer un nouvel objectif ambitieux en matière de financement.

    Il faut également que le fonds pour les pertes et les préjudices soit à la hauteur de l’enjeu et que les pays développés tiennent leurs promesses en matière de financement de l’adaptation.

    Et l’heure est venue de faire bouger les lignes face à une situation insensée.

    Nous continuons de récompenser les pollueurs qui détruisent notre planète.

    Le secteur des combustibles fossiles continue d’engranger des profits et des subventions considérables, mais ce sont les populations qui supportent les coûts de la catastrophe climatique, depuis la hausse des primes d’assurance jusqu’à la perte de leurs moyens de subsistance.

    Je demande aux pays du G20 de mettre fin aux subventions et aux investissements liés aux combustibles fossiles et de financer à la place une transition énergétique juste,

    De mettre un prix au carbone.

    Et d’adopter des sources de financement nouvelles et novatrices – notamment en instaurant une redevance internationale de solidarité sur l’extraction des combustibles fossiles, au moyen de mécanismes juridiquement contraignants et transparents.

    Et ce, d’ici à l’année prochaine.

    Et ce en tenant compte du fait que pour les responsables, l’heure des comptes a sonné.

    Les pollueurs doivent payer.

    Excellences,

    L’essor rapide des nouvelles technologies est une autre menace existentielle dont les conséquences sont imprévisibles.

    L’intelligence artificielle transformera notre monde du tout au tout : le travail, mais aussi l’éducation, la communication, la culture ou encore la politique.

    Nous savons que l’intelligence artificielle progresse rapidement, mais où nous mène-t-elle ?

    Vers plus de liberté ou plus de conflits ?

    Vers un monde plus durable ou de plus grandes inégalités ?

    Serons-nous mieux informés ou plus faciles à manipuler ?

    Une poignée d’entreprises et même de particuliers ont déjà acquis un pouvoir immense grâce au développement de l’intelligence artificielle, sans, pour le moment, avoir véritablement à rendre des comptes et sans grand contrôle.

    Faute de mesures mondiales pour en gérer le déploiement, l’intelligence artificielle risque d’engendrer des divisions artificielles dans tous les domaines, de donner lieu à une grande fracture entre deux internets, deux marchés et deux économies et, ainsi, de faire naître une situation où chaque pays serait contraint de choisir un camp, ce qui serait lourd de conséquences pour l’humanité tout entière.

    L’ONU est une instance universelle de dialogue et de consensus.

    Elle est particulièrement bien placée pour promouvoir la coopération en ce qui concerne l’intelligence artificielle, sur la base des valeurs de la Charte et du droit international.

    C’est dans cette enceinte, et nulle part ailleurs, que les membres de la communauté internationale débattent.

    Je salue les premières mesures importantes qui ont été prises.

    Deux résolutions de l’Assemblée générale, le Pacte numérique mondial et les recommandations de l’Organe consultatif de haut niveau sur l’intelligence artificielle, peuvent asseoir les bases d’une gouvernance inclusive de l’intelligence artificielle.

    Ensemble, faisons de l’intelligence artificielle une force au service du bien.

    Excellences,

    Rien n’est éternel.

    Mais l’humanité a ceci de particulier qu’elle croit le contraire.

    L’ordre en place a toujours l’air d’être indémontable.

    Jusqu’au jour où tout bascule.

    L’histoire de l’humanité a été marquée par l’essor et la chute d’empires, l’effondrement de vieilles certitudes et de véritables séismes sur le théâtre du monde.

    Aujourd’hui, nous allons droit dans le mur.

    Il est dans notre intérêt à toutes et à tous de gérer les transformations colossales qui sont en cours, de déterminer l’avenir que nous voulons et de faciliter son avènement dans le monde.

    Beaucoup pensent que les divisions et les divergences d’aujourd’hui sont insurmontables,

    Que nous ne parviendrons pas à nous rassembler pour le bien commun.

    Vous avez prouvé que ce n’était pas le cas.

    Le Sommet de l’avenir a montré que nous pouvons unir nos forces dans un esprit de dialogue et de compromis pour engager le monde sur une voie plus durable.

    Ce n’est pas une fin.

    Ce n’est que le début, une boussole dans la tempête.

    Il faut continuer sur cette lancée.

    Ne ménageons pas nos efforts : pour lutter contre l’impunité et renforcer le respect du principe de responsabilité… pour moins d’inégalités et plus de justice… pour échapper à l’incertitude et élargir le champ des possibles.

    Les populations du monde entier comptent sur nous, et les générations futures nous jugeront à l’aune de ce que nous aurons accompli.

    Nous devons ne pas les décevoir. Nous devons être à la hauteur de la Charte des Nations Unies… de nos valeurs et principes communs… et du bon côté de l’histoire.

    Et je vous remercie.
     

    MIL OSI Africa –

    September 29, 2024
  • MIL-OSI USA: Casten, Matsui Introduce Legislation to Incentivize Efficient Vehicle Purchases

    Source: United States House of Representatives – Representative Sean Casten (IL-06)

    September 24, 2024

    Washington, D.C. — Today, U.S. Congressman Sean Casten (IL-06) and Congresswoman Doris Matsui (CA-07) introduced the Vehicle Energy Performance Act (VEPA) to incentivize the purchase of new vehicles with better-than-average energy performance.

    “This legislation is a win-win for consumers hoping to save money at the gas pump and help the environment at the same time,” said Rep. Sean Casten. “As vehicle emissions continue to contribute to global warming, it’s more important than ever to incentivize vehicles that can go the extra mile.”

    “We can and we should demand more from our cars,” said Rep. Doris Matsui. “The most efficient vehicles on the market are getting more than 50 miles to the gallon, and electric vehicles can get the electricity equivalent of more than 130mpg. However, many Americans are getting less than 25 miles to the gallon and paying to fill up their tank twice as often. This bill would change the equation, incentivizing automakers to offer more and better fuel-efficient options, and that means more money in your pocket.”

    “Shifting to cleaner vehicles is critical to meet our climate goals,” said Steven Nadel, executive director of the American Council for an Energy-Efficient Economy. “The trend toward larger, less efficient vehicles has hurt families’ pocketbooks with higher fueling costs. This bill would wisely incentivize purchasers of gas, hybrid, and electric vehicles to choose the more efficient options, helping to shift each part of the vehicle market in a positive direction.”

    The Vehicle Energy Performance Act of 2024 (VEPA) will establish a tax credit for new vehicles with higher-than-average energy performance and impose a fee on sales of new vehicles with lower-than-average energy performance. The tax credit will go to the consumer, while the fee will be imposed on the vehicle manufacturer.

    Electric vehicles, hybrids, plug-in hybrids, and standard internal combustion engine cars will all be assessed by the same measure of performance.

    This legislation generates cost savings on both ends for consumers. The tax credit creates financial incentives for consumers to purchase energy-efficient vehicles, and drivers spend less at the pump because of better fuel efficiency. 

    Text of the legislation can be found here.

    How it Works

    Under VEPA, by November 1 of each year, each vehicle manufacturer will report the “vehicle energy performance,” in miles per gallon-gasoline equivalent (MPGe), for each model sold in the United States during the Model Year (MY), and the number of vehicles of each model that it has sold that year. The use of MPGe as a metric is “technology neutral,” meaning that EVs, plug-in hybrids, hybrids, and standard internal combustion engine cars will all be assessed by the same measure of vehicle energy performance.

    By December 1, 2025, and every year thereafter, the IRS will publish the median vehicle energy performance of vehicles sold and the vehicle energy performance of the best-performing vehicle during the previous model year. Vehicles with the best vehicle energy performance will get 100% of the $5000 credit, vehicles with the median vehicle energy performance will get $0, and every 1% above the median will increase the credit by approximately $50.

    If the program were in place today, a buyer would receive a $5000 tax credit for a Hyundai Ioniq 6, almost $2000 for the Ford Lightning EV pickup truck, and over $1000 for the Toyota Prius hybrid.

    Using the same data on median vehicle energy performance, vehicles with low vehicle energy performance will be subject to a fee of approximately $50 for every 1% below the median, with the largest fee estimated to be less than $1000. This fee will partly offset the cost to the Treasury of the tax credit.

    Unlike the tax credit, which will go to the consumer, the fee will be paid by the manufacturer.

    # # #

    MIL OSI USA News –

    September 29, 2024
  • MIL-OSI United Kingdom: TUV – the only party to call out Sinn Fein hypocrisy on lecturing people on democracy when Gerry Kelly sits on their benches or note the irony of calling for votes for 16 when you want to deny ANYONE in NI the right to vote on 300 areas of law

    Source: Traditional Unionist Voice – Northern Ireland

    In today’s Assembly debate on votes for 16 year olds Timothy Gaston MLA said:

    “I oppose the motion for three simple reasons. First, in setting the voting age at 18, the UK is very much in line with international practice. If you look at the situation across the democratic world, you see that the average voting age is 18·03 years. While there are 16-year-olds in the workplace, the vast majority are still in education or vocational training until the age of 18. It is important to remember that, when it comes to issues such as signing a legally binding contract, one cannot do so until one is 18. Let us remember that you need to be 18 to buy alcohol, 18 to buy cigarettes and 18 to buy a knife, but those who tabled the motion want a 16-year-old to be able to vote.

    “Secondly, it would be remiss of me not to note the irony of the motion’s origin. Sinn Féin is in no position to lecture anyone on democracy. On its Benches, albeit from time to time, sits the Old Bailey bomber, Gerry Kelly. Let us not forget today that that bombing resulted in Frederick Milton dying from a heart attack and 150-plus being injured. Let us ask ourselves why that attack was carried out: because, on the same day, a border poll was held in Northern Ireland, and Mr Kelly knew that he would not like the outcome of that poll. On that same day, a young soldier, 21-year-old John Green, was shot by the IRA while guarding St Joseph’s Primary School on the lower Falls. Why was he guarding the school? Because it was being used as a polling station. Yet, Sinn Féin, in the motion, wants to lecture us on democracy.

    “Those are not the only points about the motion that I find ironic, which brings me to my final reason. Those who will trip through the Lobbies in support of the motion in a few moments’ time are also the most passionate advocates of the protocol, an arrangement that means that, when it comes to 300 areas of law — note that I said “300 areas of law” and not “300 laws” — no one in Northern Ireland, regardless of their age, has any vote on them. That is a democratic obscenity, yet those who champion votes for 16-year-olds loudest are silent when it comes to being ruled by people whom no one in Northern Ireland voted for.

    “We are just over a month away from the largest disenfranchisement operation of modern times and the facilitating of the first majoritarian vote in Stormont in over 50 years. It will also be the most controversial majoritarian vote in Northern Ireland’s 103-year history, a vote to disenfranchise 1·9 million people in 300 areas of law. A vote resigning us to the idea that the laws made in those areas will be made for us by the Republic of Ireland and 26 other states and not the UK or Northern Ireland’s MLAs who sit in the House; a vote that unbundles the United Kingdom of Great Britain and Northern Ireland’s single market for goods in favour of an all-Ireland single market for goods; and a vote that violates the cross-community consent and democratic provisions of the Belfast Agreement as international law, treating the people of Northern Ireland with complete contempt. Do not argue that the protocol is just and then lecture us on votes for 16-year-olds. It just does not wash. The real democratic deficit in this part of the UK is the failure to honour the biggest democratic mandate in British history: the mandate to leave the EU.”

    MIL OSI United Kingdom –

    September 29, 2024
  • MIL-OSI Canada: Government of Saskatchewan Rejects Federal Oil and Gas Emissions Cap and Methane 75 Regulations

    Source: Government of Canada regional news

    Released on September 24, 2024

    Province Would Face Royalty and Tax Revenue Losses up to $7 Billion, Lost Government Revenues of $43 Billion, and up to 34,000 Job Losses by 2050, According to Independent Report

    In its new independent report, the Saskatchewan Economic Impact Assessment Tribunal has found that the federal oil and gas emissions cap and federal Methane 75 regulations would cause substantial economic damage to Saskatchewan.

    By 2050, with production caps and methane mandates in place, Saskatchewan’s oil production would fall by between 38 and 52 per cent, the province would face cumulative royalty and tax revenue losses of between $4.8 and $7.1 billion, and total lost government revenues would be up to $43.3 billion, according to the independent Report.

    “The Tribunal has, in several cases, relied on the same experts as the federal government and presented undeniable, quantitative data that these two federal mandates would be economically devastating to Saskatchewan,” Justice Minister and Attorney General Bronwyn Eyre said. “These mandates will lead to industrial winners and losers across the country and represent a sweeping constitutional overreach into the province’s exclusive jurisdiction over natural resources. This report arms us with additional, independent evidence to constitutionally challenge the two mandates.”

    The Report also found that, with these federal mandates in place, Saskatchewan’s economy would contract by 4.3 per cent by 2030, by 6.4 per cent by 2050, and that there would be a cumulative GDP impact by 2050 of $230 billion. Employment losses by 2050, relative to the status quo, would range from between 12,800 and 34,000 people.

    “The Explorers and Producers Association of Canada (EPAC) remains fundamentally opposed to the imposition of a federal emissions cap on Canadian oil and gas production,” EPAC President and CEO Tristan Goodman said. “This is unnecessary and unacceptable given Canadian producers’ ongoing efforts to reduce emissions. A federal emissions cap will introduce further investment uncertainty and has a likelihood of being found unconstitutional as seen in recent Supreme Court decisions. EPAC supports the goal of reducing methane emissions from the oil and gas sector and we believe this is strictly provincial jurisdiction. We look forward to working with the province of Saskatchewan to achieve their methane emissions reduction target. Federal intervention is not required.”

    These two mandates will also not reduce any global emissions, according to the Report, and production cuts in Canada will simply be back-filled by jurisdictions with weaker environmental standards. Between 2015 and 2023, provincially-regulated methane emissions in Saskatchewan fell by two-thirds.

    The Economic Impact Assessment Tribunal conducted its analysis and developed this report under the authority of The Saskatchewan First Act, which came into force in September 15, 2023. The Report was released yesterday and can be accessed within the background documents at the bottom of this page.

    Additional information about the Economic Impact Assessment Tribunal can be found at:

    https://www.saskatchewan.ca/government/news-and-media/2023/november/28/government-announces-first-impact-assessment-tribunal.

    https://www.saskatchewan.ca/government/news-and-media/2024/april/08/media-advisory.

    The Government of Saskatchewan would like to thank the Economic Assessment Tribunal for its independent, in-depth report. Members of the Tribunal are as follows:

    • Michael W. Milani (Chair);
    • Dr. Janice MacKinnon (Vice-Chair);
    • Kenneth From;
    • Dr. Stuart Smyth; and 
    • Estella Petersen.

    • Michael Milani, KC (Chair) is a senior partner (commercial and insolvency) at McDougall Gauley in Regina. Mr. Milani has previously served as Estey Chair in Business Law at the University of Saskatchewan’s College of Law, as President of the Law Society and Federation of Law Societies of Canada, and is the current Chair of the Law Reform Commission of Saskatchewan. In a legal capacity, he has undertaken various green energy projects for SaskPower, including negotiating power purchase agreements for wind and solar energy, as well as agreements for the engineering, procurement and construction of combined cycle gas plants.
    • Dr. Janice MacKinnon (Vice-Chair) is a fellow of the Royal Society of Canada, member of the Order of Canada, and former Saskatchewan Finance Minister. In 2017, she was appointed to the federal advisory panel on NAFTA and the Environment and, in 2019, was appointed by former Alberta Premier Jason Kenney to chair the Blue Ribbon panel on Alberta’s finances. She is a Professor of fiscal policy at the School of Public Health at the University of Saskatchewan and a senior fellow and member of the National Council at the C.D Howe Institute.
    • Kenneth From is the former President and CEO of SaskEnergy. He is also a former CEO of the Petroleum Technology Research Centre (PTRC) and the Technical Safety Authority of Saskatchewan (TSASK). Mr. From also previously served as an officer and director of Raven Oil Corporation from 2012-2016 and as President of Prairie Hunter Energy Corporation. A professional engineer, he was President (2003-2004) of the Association of Professional Engineers and Geoscientists of Saskatchewan (APEGS).
    • Dr. Stuart Smyth is a professor at the University of Saskatchewan in the Department of Agricultural and Resource Economics. His research focuses on sustainability, agriculture and innovation. As U of S Agri-Food Innovation and Sustainability Enhancement Chair, Dr. Smyth has published over 100 academic articles and is recognized as a leading expert on barriers to innovation and regulatory efficiency.
    • Estella Peterson is an oil sands heavy equipment operator in Fort McMurray, AB. Originally from Saskatchewan and Treaty 4 Cowesess First Nation, Estella is part of Suncor Energy’s Aboriginal Ambassador program and is a freelance contributor, including to The Globe and Mail, on the economic importance of the natural resources sector to Indigenous communities.

    -30-

    For more information, contact:

    MIL OSI Canada News –

    September 29, 2024
  • MIL-OSI Canada: Helping Alberta communities lower energy costs

    Source: Government of Canada regional news

    Many Alberta municipalities are looking for ways to improve energy efficiency and save taxpayer money by reducing energy costs. However, upgrades and improvements are often expensive or otherwise challenging for communities to put in place.

    In response, Alberta is offering a new $3-million Municipal Electricity Generation Program to help municipalities lower the costs of powering and heating recreation centres, town halls, libraries and other community buildings. Communities can now apply for rebates to help improve their electricity systems, reduce operational costs and lower emissions.

    “Alberta municipalities are often looking for new opportunities to reduce emissions and lower energy costs for residents and businesses. This investment made through the industry-funded TIER program will help communities invest in practical upgrades that will also help save taxpayers money.”

    Rebecca Schulz, Minister of Environment and Protected Areas 

    “Smart technology is the future of our electricity system. By helping municipalities invest in modernizing their energy systems, we’re ensuring that our rural communities not only save money now, but for years to come.”

    Nathan Neudorf, Minister of Affordability and Utilities

    Starting September 24, municipalities can apply for up to $500,000 in funding for microgeneration systems that can help reduce their electricity costs. Eligible costs include the equipment, materials, labour, installation, and project or construction management costs required to complete the project.

    “Our 260 member communities welcome the addition of this forward-looking provincial program that encourages them to install alternative electricity generation technologies in municipal buildings. It’s a step in the right direction.”

    Tyler Gandam, president, Alberta Municipalities 

    “The Municipal Electricity Generation Program will help rural municipalities install microgeneration systems on their facilities that will reduce their emissions. Programs like this are important to our members and rural communities across Alberta.”

    Paul McLauchlin, president, Rural Municipalities of Alberta

    “We are thrilled to announce the Municipal Electricity Generation Program, an initiative that empowers Alberta municipalities to take control of their energy future. This program demonstrates environmental leadership, reduces operational costs and contributes to a sustainable energy future for Alberta.”

    Trina Innes, executive director, Municipal Climate Change Action Centre

    Applications for the program will close in March 2026 or when funding has been fully allocated, whichever comes first. Municipalities are encouraged to visit the Municipal Climate Change Action Centre’s website for more information.

    Quick facts:

    • Micro-generation is small-scale local electricity production that uses renewable and alternative energy sources like solar or combined heat and power. Combined heat and power is a system that generates electricity and captures the heat that would normally be wasted, using it to heat buildings or provide hot water. This makes energy use more efficient by getting both power and heat from a single fuel source.
    • Under the new Municipal Electricity Generation Program, funding will be provided through per- watt incentives, to a maximum of 30 per cent of pre-GST project costs.
    • As of September 2024, Municipal Climate Change Action Centre programs have enabled 1,020 clean energy projects with 409 participating organizations and created 1,327 full time jobs. These projects will save an estimated $199 million in energy costs and 915,337 tonnes of greenhouse gas emissions over their lifetime.
    • The Municipal Climate Change Action Centre was established in 2009 as a partnership between Alberta Environment and Protected Areas, Alberta Municipal Affairs, Alberta Municipalities and Rural Municipalities of Alberta.
    • Through this partnership, Alberta’s government invests in programs that provide funding, technical assistance and education to Alberta municipalities and community-related organizations to help lower energy costs and reduce greenhouse gas emissions.
    • Alberta’s government has provided more than $24 million to the Municipal Climate Change Action Centre since 2019.

    Related information

    • Municipal Electricity Generation Program
    • Emissions Reduction and Energy Development Plan
    • Technology Innovation and Emissions Reduction System
    • Municipal Climate Change Action Centre

    MIL OSI Canada News –

    September 29, 2024
  • MIL-OSI USA: Reps. Mann, Kaptur and Sens. Marshall, Brown Introduce Bicameral Legislation to Put American Farmers First

    Source: United States House of Representatives – Representative Tracey Mann (Kansas, 1)

    WASHINGTON, D.C. – Today, U.S. Representatives Tracey Mann (KS-01) and Marcy Kaptur (OH-09) alongside Senators Roger Marshall (R-KS) and Sherrod Brown (D-OH), introduced the Farmer First Fuel Incentives Act to restrict eligibility for the Clean Fuel Production Credit (45Z) to domestically produced feedstocks and to extend the credit to 2034.The ten-year credit will allow for more certainty as the U.S. ethanol industry builds infrastructure to open new markets for farmers, increase the production of ethanol across the country, and incentivize domestic feedstocks while continuing to support global renewable fuel production made from a wide array of feedstocks.

    “In no world should American tax incentives first benefit foreign producers,” said Rep. Mann. “While the use of foreign feedstocks can play an important role in producing domestically manufactured ethanol, biodiesel, renewable diesel, and sustainable aviation fuel, we must not displace harvest in America. Our legislation puts American farmers first by ensuring that American tax credits are incentivizing American-grown products.”

    “I joined my colleagues in this important bicameral and bipartisan effort because helping American farmers, producers, and growers goes beyond state and party lines,” said Congresswoman Marcy Kaptur (OH-09), senior member of the House Appropriations Subcommittee on Agriculture. ”We must ensure the Clean Fuel Production tax credit is structured in a way that benefits domestic producers, and not one that advantages foreign-produced feedstocks from China or Brazil. Our legislation will extend this credit through 2034 and bolster American energy independence by prioritizing American producers and the production of domestic biofuels.”

    “It’s very tough in farm country with high interest rates and low commodity prices, which is exactly why we can’t have a tax policy that will lower commodity prices even more,” said Senator Marshall. “While we support free trade and open markets, we do not believe foreign feedstocks should be incentivized through the hard-earned dollars of U.S. taxpayers to the detriment of American farmers. This legislation puts farmers FIRST to ensure they are the primary beneficiaries of renewable fuel tax incentives and provides businesses a decade of certainty.”

    “American tax dollars should support American farmers – not imported feedstocks,” said Senator Brown. “To continue to grow the biofuels industry and open new markets for Ohio farmers, we must stop taxpayer money from subsidizing a surge in Chinese cooking oil or any other foreign feedstock from infiltrating the American market. Our bipartisan bill ensures these investments benefit Ohio farmers and Ohio energy producers.”

    The legislation is cosponsored by Representatives James Comer (KY-01), Nikki Budzinski (IL-13), and Don Bacon (NE-02) and Senators Pete Ricketts (R-NE), Amy Klobuchar (D-MN), Deb Fischer (R-NE), and Tammy Baldwin (D-WI).

    The Farmer First Fuel Incentives Act is supported by Growth Energy, National Oilseed Processors Association, National Corn Growers Association, American Soybean Association, Ohio Corn and Wheat Growers Association, Ohio Soybean Association, Kansas Corn Growers Association, Kansas Soybean Association, Kentucky Soybean Association, Scoular, and Louis Dreyfus Company.

    “Our farmers need policies that protect their ability to compete fairly as the United States strives to be a leader in renewable fuels markets,” said Ed Prosser, Senior Vice President at Scoular.  “We greatly appreciate Representative Mann and his colleagues for introducing this legislation that helps ensure American agriculture will have a well-deserved seat at the table in the journey to lower the carbon intensity of our energy supply.”

    “NOPA commends this bipartisan, bicameral legislative effort which puts U.S fuel producers, U.S. crushers and U.S. farmers first. We thank Senators Brown and Marshall and Representatives Mann and Kaptur for their leadership,” said NOPA President and CEO Kailee Tkacz Buller. “We support free trade and open markets, but do not believe foreign feedstocks should benefit on the backs of U.S. taxpayers to the detriment of U.S. farmers. Without this fix, the 45Z credit will incentivize the use of foreign feedstocks over those grown by U.S. farmers. Our industry has made significant investments to expand U.S. crush capacity by 30 percent and this fix is pivotal to ensuring these investments are delivered.”

    “Biofuel production paves a key path for our country to be a clean energy leader, and U.S. farmers who grow the crops going into those biofuels take pride in helping reduce greenhouse gas emissions while supporting the U.S. economy and energy independence,” said ASA President Josh Gackle, a North Dakota soybean farmer. “However, for continued growth of America’s promising biofuels industry, U.S. farmers need the support of a final 45Z rule that prioritizes domestically sourced feedstock.”

    “Farmers and bioethanol producers need to know they’ll be able to rely on the 45Z tax credit for more than just the next few years,” said Growth Energy CEO Emily Skor. “This bill gives them the certainty they need to unlock significant investments in their operations and in the rural communities that depend on them. We commend Representatives Mann and Kaptur for introducing this bill and all of our House champions for making a 45Z tax credit extension a top priority as we head into the tax reform process next year.” 

    “Ensuring American farmers reach maximum profitability and build resiliency to pass down their farms to the next generation should be our top priority,” said Adam York, Kansas Sorghum Producers CEO. “This legislation helps make sure the intended benefits of this program arrive into our rural economies.”

    “Corn growers are making every effort to help the airline industry lower its greenhouse gas emissions through the use of corn ethanol,” said Minnesota farmer and NCGA president Harold Wolle. “We are deeply appreciative of these leaders for introducing legislation that establishes requirements for the tax credit that will level the playing field for America’s corn growers.”

    “The Farmer First Fuel Incentive Act recognizes the vital role of American agriculture in 45Z,” said Craig Meeker, Chairman of National Sorghum Producers. “This legislation ensures that the guidance is designed and implemented in a farmer-focused manner, supporting domestic clean energy production and stimulating economic growth across rural America.”

    “U.S. soybean farmers have been at the forefront of our domestic clean-energy production through the booming biodiesel and renewable diesel industry over the last decade,” said Kaleb Little, CEO, Kansas Soybean Association. “The Farmer First Fuel Incentives Act ensures our Kansas soybean growers maintain access to this vital market sector going forward and strengthens the clean fuel production credit for the future.”

    Earlier this month, Representatives Mann and Kaptur led 39 of their colleagues in penning a letter to the U.S. Department of Treasury urging it to expedite the issuance of final guidance for 45Z.  Senators Marshall and Brown led a similar letter in the U.S. Senate.

    ###

    MIL OSI USA News –

    September 29, 2024
  • 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 –

    September 29, 2024
  • 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.

    ###

    MIL OSI USA News –

    September 29, 2024
  • 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 –

    September 29, 2024
  • MIL-OSI USA: Educational Activities in Space

    Source: NASA

    As students of all ages returned to school this month, crew members on the International Space Station continue to conduct a variety of educational programs and activities that support learning on the ground. These efforts are part of a wider commitment at NASA to engage, inspire, and attract future generations of explorers and to build a diverse future workforce equipped with skills in science, technology, engineering, and mathematics (STEM).

    One current activity is Robo-Pro Challenge 5, an educational program hosted by JAXA (Japan Aerospace Exploration Agency) in cooperation with NASA. For the challenge, students create software programs to control NASA’s Astrobee and JAXA’s Internal Ball Camera, using image processing to move the free-flying robots through a series of coordinates to a target point. The challenge helps support computing and coding curricula, and the hands-on experience inspires the study of STEM subjects.

    Genes in Space is a national contest for students in grades 7 through 12 to design DNA analysis experiments for the space station. It is sponsored by the ISS National Lab and New England Biolabs in collaboration with Boeing and miniPCR bio. There have been more than a dozen contests to date, many producing significant results.
    Genes in Space-5 provided proof of concept of simultaneously amplifying multiple DNA sequences in space, expanding the possibilities for in-flight research and health monitoring.
    Genes in Space-6 used CRISPR-Cas9 genome editing for the first time in space, using the technique to generate breaks in the DNA of a common yeast, direct a method to repair the breaks, and sequence the patched-up DNA to determine whether its original order was restored.

    Genes in Space-9 validated technology used to synthesize proteins without needing living cells. This technique could produce proteins for research, vaccines, and development of diagnostic tests for environmental contaminants and infectious agents. Ultimately, such synthesis also could enable portable, low-cost devices for health monitoring, detection of environmental hazards on Earth and in space, and other applications.

    In addition to the Robo-Pro challenge, several other programs involve student coding. AstroPi, a program from ESA (European Space Agency), uses special computers, one equipped with an infrared camera and the other with a standard visible spectrum camera. European students write programs for the computers that address specific challenges such as measurement and calibration and image processing. One project successfully identified and computed the horizontal wavelengths of atmospheric gravity waves in clouds.

    Zero Robotics also is a competition where students write software to control one of the Astrobees, co-led by the Massachusetts Institute of Technology, the Innovation Learning Center, and other collaborators. Finalists have their code downloaded to the Astrobee platform and can observe its performance in space.

    High school students United with NASA to Create Hardware, or HUNCH, is a learning program where high school students design and fabricate real-world products for NASA. More than 2,500 students have participated to date, flying some 3,000 products to space, including a tape dispenser that can be operated with one hand, footpads, sleeping pad liners, and orange blackberry croissants and other food products.

    Through ISS Ham Radio, a collaboration with Amateur Radio on the International Space Station, students use ham radio to ask astronauts questions about life in space, career opportunities, and other space-related topics. Participating teachers report that the program has a significant and positive impact on students, increasing interest in all STEM areas. The experiences also help students make real-world connections among disciplines, learn problem-solving, and hone communication skills. To date, more than 100 crew members have communicated with over 1 million students from 49 U.S. states, 63 countries, and every continent.

    Developed through NASA’s Office of STEM Engagement, STEMonstrations are short educational videos demonstrating science, technology, engineering, and mathematics topics in microgravity for grades K through 12. The videos are available online and every STEMonstration includes materials teachers can use to explore the topics in their classrooms. Six videos released in the past 12 months have been viewed 98,705 times to date across various social media platforms. The program provides students with a connection to NASA and scientific work conducted on the space station, inspiring the next generation of explorers and contributing to a diverse future workforce.

    Melissa GaskillInternational Space Station Research Communications TeamNASA’s Johnson Space Center

    Search this database of scientific experiments to learn more about those mentioned in this article.

    MIL OSI USA News –

    September 29, 2024
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