Category: Weather

  • MIL-OSI Asia-Pac: President Lai holds press conference following high-level national security meeting

    Source: Republic of China Taiwan

    Details
    2025-01-01
    President Lai delivers 2025 New Year’s Address
    On the morning of January 1, President Lai Ching-te delivered his 2025 New Year’s Address, titled “Bolstering National Strength through Democracy to Enter a New Global Landscape,” in the Reception Hall of the Presidential Office. President Lai stated that today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. In this new year, he said, Taiwan must be united, and we must continue on the right course. The president expressed hope that everyone in the central and local governments, regardless of party, can work hard together, allowing Taiwan sure footing as it strides forward toward ever greater achievements.  President Lai emphasized that in 2025, we must keep firm on the path of democracy, continue to bolster our national strength, make Taiwan more economically resilient, enhance the resilience of supply chains for global democracies, and continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. The president said that Taiwan will keep going strong, and we will keep walking tall as we enter the new global landscape. A translation of President Lai’s address follows: Today is the first day of 2025. With a new year comes new beginnings. I wish that Taiwan enjoys peace, prosperity, and success, and that our people lead happy lives. Taiwan truly finished 2024 strong. Though there were many challenges, there were also many triumphs. We withstood earthquakes and typhoons, and stood firm in the face of constant challenges posed by authoritarianism. We also shared glory as Taiwan won the Premier12 baseball championship, and now Taiwanese people around the world are all familiar with the gesture for Team Taiwan. At the Paris Olympics, Wang Chi-lin (王齊麟) and Lee Yang (李洋) clinched another gold in men’s doubles badminton. Lin Yu-ting (林郁婷) took home Taiwan’s first Olympic gold in boxing. At the International Junior Science Olympiad, every student in our delegation of six won a gold medal. And Yang Shuang-zi’s (楊双子) novel Taiwan Travelogue, translated into English by King Lin (金翎), became a United States National Book Award winner and a tour de force of Taiwan literature on the international level. Our heroes of Taiwan are defined by neither age nor discipline. They have taken home top prizes at international competitions and set new records. They tell Taiwan’s story through their outstanding performances, letting the world see the spirit and culture of Taiwan, and filling all our citizens with pride. My fellow citizens, we have stood together through thick and thin; we have shared our ups and downs. We have wept together, and we have laughed together. We are all one family, all members of Team Taiwan. I want to thank each of our citizens for their dedication, fueling Taiwan’s progress and bringing our nation glory. You have given Taiwan even greater strength to stand out on the global stage. In this new year, we must continue bringing Taiwan’s stories to the world, and make Taiwan’s successes a force for global progress. In 2025, the world will be entering a new landscape. Last year, over 70 countries held elections, and the will of the people has changed with the times. As many countries turn new pages politically, and in the midst of rapid international developments, Taiwan must continue marching forward with steady strides. First, we must keep firm on the path of democracy. Taiwan made it through a dark age of authoritarianism and has since become a glorious beacon of democracy in Asia. This was achieved through the sacrifices of our democratic forebears and the joint efforts of all our citizens. Democracy’s value to Taiwan lies not just in our free way of life, or in the force driving the diverse and vigorous growth of our society. Democracy is the brand that has earned us international trust in terms of diplomacy. No matter the threat or challenge Taiwan may face, democracy is Taiwan’s only path forward. We will not turn back. Domestic competition among political parties is a part of democracy. But domestic political disputes must be resolved democratically, within the constitutional system. This is the only way democracy can continue to grow. The Executive Yuan has the right to request a reconsideration of the controversial bills passed in the Legislative Yuan, giving it room for reexamination. Constitutional institutions can also lodge a petition for a constitutional interpretation, and through Constitutional Court adjudication, ensure a separation of powers, safeguard constitutional order, and gradually consolidate the constitutional system. The people also have the right of election, recall, initiative, and referendum, and can bring together even greater democratic power to show the true meaning of sovereignty in the hands of the people. In this new year, the changing international landscape will present democratic nations around the world with many grave challenges. Russia’s invasion of Ukraine and conflict between Israel and Hamas rage on, and we are seeing the continued convergence of authoritarian regimes including China, Russia, North Korea, and Iran, threatening the rules-based international order and severely affecting peace and stability in the Indo-Pacific region and the world at large. Peace and stability in the Taiwan Strait are essential components for global security and prosperity. Taiwan needs to prepare for danger in times of peace. We must continue increasing our national defense budget, bolster our national defense capabilities, and show our determination to protect our country. Everyone has a responsibility to safeguard Taiwan’s democracy and security. We must gather together every bit of strength we have to enhance whole-of-society defense resilience, and build capabilities to respond to major disasters and deter threats or encroachment. We must also strengthen communication with society to combat information and cognitive warfare, so that the populace rejects threats and enticements and jointly guards against malicious infiltration by external forces. Here at home, we must consolidate democracy with democracy. Internationally, we must make friends worldwide through democracy. This is how we will ensure security and peace. The more secure Taiwan, the more secure the world. The more resilient Taiwan, the sounder the defense of global democracy. The global democratic community should work even closer together to support the democratic umbrella as we seek ways to resolve the war in Ukraine and conflict between Israel and Hamas. Together, we must uphold stability in the Taiwan Strait and security in the Indo-Pacific, and achieve our goal of global peace. Second, we must continue to bolster our national strength, make Taiwan more economically resilient, and enhance the resilience of supply chains for global democracies. In the first half of 2024, growth in the Taiwan Stock Index was the highest in the world. Our economic growth rate for the year as a whole is expected to reach 4.2 percent, leading among the Four Asian Tigers. Domestic investment is soaring, having exceeded NT$5 trillion, and inflation is gradually stabilizing. Export orders from January to November totaled US$536.6 billion, up 3.7 percent from the same period in 2023. And compared over the same period, exports saw a 9.9 percent increase, reaching US$431.5 billion. Recent surveys also show that in 2024, the average increase in salaries at companies was higher than that in 2023. Additionally, over 90 percent of companies plan to raise salaries this year, which is an eight-year high. All signs indicate that Taiwan’s economic climate continues to recover, and that our economy is growing steadily. Our overall economic performance is impressive; still, we must continue to pay attention to the impact on Taiwan’s industries from the changing geopolitical landscape, uncertainties in the global economic environment, and dumping by the “red supply chain.”  For a nation, all sectors and professions are equally important; only when all our industries are strong can Taiwan be strong as a nation. Our micro-, small-, and medium-sized enterprises (MSMEs) are the lifeblood of Taiwan, and the development of our various industrial parks has given Taiwan the impetus for our prosperity. We must carry the spirit of “Made in Taiwan” forward, bringing it to ever greater heights. Thus, beyond just developing our high-tech industry, our Executive Yuan has already proposed a solution that will help traditional industries and MSMEs comprehensively adopt technology applications, engage in the digital and net-zero twin transition, and develop channels, all for better operational structures and higher productivity. Taiwan must continue enhancing its economic resilience. In recent years, Taiwan has significantly increased its investments in the US, Japan, Europe, and the New Southbound countries, and such investment has already surpassed investment in China. This indicates that our efforts in diversifying markets and reducing reliance on any single market are working. Moving forward, we must keep providing assistance so that Taiwan industries can expand their global presence and market internationally from a solid base here in Taiwan. At the same time, Taiwan must use democracy to promote economic growth with the rest of the world. We must leverage our strengths in the semiconductor and AI industries. We must link with democratic countries so that we can together enhance the resilience of supply chains for global democracies. And through international cooperation across many sectors, such as UAVs, low-orbit communications satellites, robots, military, security and surveillance, or biopharmaceuticals, renewable energy technology, new agriculture, and the circular economy, we must keep abreast of the latest cutting-edge technology and promote diverse development. This approach will help Taiwan remain a leader in advancing global democratic supply chains, ensuring their security and stability. Third, we must continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. Democracy means the people have the final say. Our nation belongs to all 23 million of us, without regard for ethnic group, generation, political party, or whether we live in urban or rural areas. In this new year, we must continue to pursue policies that promote the well-being of the nation and the people. But to that end, the central government needs adequate financial resources to ensure that it can enact each of these measures. Therefore, I hope that the ruling and opposition parties can each soberly reconsider the amendments to the Act Governing the Allocation of Government Revenues and Expenditures and find a path forward that ensures the lasting peace and stability of our country. For nine consecutive years, the minimum wage has continued to rise. Effective today, the minimum monthly salary is being raised from NT$27,470 to NT$28,590, and the hourly salary from NT$183 to NT$190. We hope by raising the pay for military personnel, civil servants, and educators for two consecutive years, coupled with benefits through wage increases and tax reductions, that private businesses will also raise wages, allowing all our people to enjoy the fruits of our economic growth. I know that everyone wants to pay lower taxes and rent. This year, we will continue to promote tax reductions. For example, unmarried individuals with an annual income of NT$446,000 or less can be exempt from paying income tax. Dual-income families with an annual income of NT$892,000 or less and dual-income families with two children aged six or younger with an annual income of NT$1,461,000 or less are also exempt from paying income tax. Additionally, the number of rent-subsidized housing units will also be increased, from 500,000 to 750,000 units, helping lighten the load for everyone. This year, the age eligibility for claiming Culture Points has been lowered from 16 to 13 years, so that now young people aged between 13 and 22 can receive government support for experiencing more in the arts. Also, our Taiwan Global Pathfinders Initiative is about to take effect, which will help more young people in Taiwan realize their dreams by taking part in education and exchange activities in many places around the world. We are also in the process of establishing a sports ministry to help young athletes achieve their dreams on the field, court, and beyond. The ministry will also be active in developing various sports industries and bringing sports and athletics more into the lives of the people, making our people healthier as a result. This year, as Taiwan becomes a “super-aged society,” we will launch our Long-term Care 3.0 Plan to provide better all-around care for our seniors. And we will expand the scope of cancer screening eligibility and services, all aimed at creating a Healthy Taiwan. In addition, Taiwan will officially begin collecting fees for its carbon fee system today. This brings us closer in line with global practices and helps us along the path to our goal of net-zero emissions by 2050. We will also continue on the path to achieving a Balanced Taiwan. Last month, the Executive Yuan launched the Trillion NT Dollar Investment National Development Plan and its six major regional flagship projects. Both of these initiatives will continue to expand the investment in our public infrastructure and the development of local specialty industries, narrowing urban-rural and wealth gaps so that all our people can live and work in peace and happiness. My fellow citizens, today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. This tells us that national development is moving in the right direction. In this new year, Taiwan must be united, and we must continue on the right course. We hope that everyone in the central and local governments, regardless of party, can work hard together to ensure that national policies are successfully implemented, with the people’s well-being as our top priority. This will allow Taiwan sure footing as it strides forward toward ever greater achievements. In this new year, we have many more brilliant stories of Taiwan to share with the world, inspiring all Taiwanese, both here and around the world, to cheer time and again for the glory of Taiwan. Taiwan will keep going strong. And we will keep walking tall as we enter the new global landscape. Thank you.

    Details
    2025-01-01
    President Lai delivers 2024 National Day Address
    President Lai Ching-te on the morning of October 10 attended the ROC’s 113th Double Tenth National Day Celebration in the plaza fronting the Presidential Office Building, and delivered an address titled “Taiwan Together for Our Shared Dream.” A translation of the president’s address follows: National Day Celebration Chairperson Han Kuo-yu (韓國瑜), Vice President Bi-khim Hsiao, Premier Cho Jung-tai (卓榮泰), Prime Minister of Tuvalu Feleti Teo and Madame Tausaga Teo, heads of delegations from diplomatic allies and friendly nations, distinguished guests from home and abroad, and my fellow citizens here in person and watching on TV or online: Good morning. Today, we gather together to celebrate the birthday of the Republic of China, praise the beautiful Taiwan of today, and usher in the better Taiwan for tomorrow. One hundred and thirteen years ago, a group of people full of ideals and aspirations rose in revolt and overthrew the imperial regime. Their dream was to establish a democratic republic of the people, to be governed by the people and for the people. Their ideal was to create a nation of freedom, equality, and benevolence. However, the dream of democracy was engulfed in the raging flames of war. The ideal of freedom had for long eroded under authoritarian rule. But we will never forget the Battle of Guningtou 75 years ago, or the August 23 Artillery Battle 66 years ago. Though we arrived on this land at different times and belonged to different communities, we defended Taiwan, Penghu, Kinmen, and Matsu. We defended the Republic of China. We will never forget the Kaohsiung Incident 45 years ago, or wave after wave of democracy movements. Again and again, people who carried the dream of democracy and the ideal of freedom, through valiant sacrifice and devotion, gave their lives to open the door to democracy. Over more than a century, the people’s desire to master their own destiny has finally been fulfilled. My fellow citizens, though the Republic of China was driven out of the international community, the people of Taiwan have never exiled themselves. On this land, the people of Taiwan toil and labor, but when our friends face natural disasters or an unprecedented pandemic, we do not hesitate to extend a helping hand. “Taiwan Can Help” is not just a slogan. It is a movement by the people of Taiwan to cherish peace and do good for others. In the past, our people, going out into the world equipped with only a briefcase, sparked Taiwan’s economic achievements. Now, Taiwan’s chip technology drives the whole world, and has become a global force for prosperity and development. The people of Taiwan are diverse, and they are fearless. Our own Nymphia Wind is a queen on the world stage. The people of Taiwan are truly courageous. Lin Yu-ting (林郁婷), a daughter of Taiwan, is a queen of the boxing world. At 17 years old, Taiwan’s own Tsai Yun-rong (蔡昀融) put steady hands to work and won first place for woodwork in a global skills competition. Chen Sz-yuan (陳思源), at 20, took first for refrigeration and air conditioning, using the skills passed down by his father. A new generation of “Made in Taiwan” youth is putting a new shine on an old label. I want to thank generation after generation of fellow citizens for coming together and staying together through thick and thin. The Republic of China has already put down roots in Taiwan, Penghu, Kinmen, and Matsu. And the Republic of China and the People’s Republic of China are not subordinate to each other. On this land, democracy and freedom are growing and thriving. The People’s Republic of China has no right to represent Taiwan. The 23 million people of Taiwan, now more than ever, must reach out our branches to embrace the future. My fellow citizens, we have overcome challenge after challenge. All along, the Republic of China has shown steadfast resolve; and all along, the people of Taiwan have shown unwavering tenacity. We fully understand that our views are not all the same, but we have always been willing to accept one another. We fully understand that we have differences in opinion, but we have always been willing to keep moving forward hand in hand. This is how the Republic of China Taiwan became what it is today. As president, my mission is to ensure that our nation endures and progresses, and to unite the 23 million people of Taiwan. I will also uphold the commitment to resist annexation or encroachment upon our sovereignty. It is also my mission to safeguard the lives and property of the public, firmly carry out our Four Pillars of Peace action plan, strengthen national defense, stand side by side with democratic countries, jointly demonstrate the strength of deterrence, and ensure peace through strength, so that all generations can lead good lives. All the more, my mission is to care for the lives and livelihoods of the 23 million people of Taiwan, actively develop our economy, and expand investment in social care. I must also ensure that the fruits of our economic growth can be enjoyed by all our people. However, Taiwan faces relentless challenges, and the world’s challenges are just as much our own. The world must achieve sustainable development as we grapple with global climate change. Sudden outbreaks of infectious diseases impact human lives and health around the globe. And expanding authoritarianism is posing a host of challenges to the rules-based international order, threatening our hard-won free and democratic way of life. For these reasons, I have established three committees at the Presidential Office: the National Climate Change Committee, the Healthy Taiwan Promotion Committee, and the Whole-of-Society Defense Resilience Committee. These committees are interrelated, and they are closely connected by the theme of national resilience. We intend to build up a more resilient Taiwan, proactively deal with challenges, and bring Taiwan into deeper cooperation with the international community. We must strengthen Taiwan’s ability to adapt to the risks associated with extreme weather, continue promoting our second energy transition, and ensure a stable power supply. We must steadily advance toward our goal of net-zero transition by 2050 through the development of more forms of green energy, deep energy saving, and advanced energy storage. In terms of health, we must effectively fight the spread of global infectious diseases, and raise the population’s average life expectancy while reducing time spent living with illness or disability. We must achieve health equality so that people are healthy, the nation is stronger, and so that the world embraces Taiwan. Finally, we must strengthen resilience throughout Taiwan in national defense, economic livelihoods, disaster prevention, and democracy. As the people of Taiwan become more united, our nation grows more stable. As our society becomes better prepared, our nation grows more secure, and there is also greater peace and stability in the Taiwan Strait. Taiwan is resolved in our commitment to upholding peace and stability in the Taiwan Strait and achieving global security and prosperity. We are willing to work with China on addressing climate change, combatting infectious diseases, and maintaining regional security to pursue peace and mutual prosperity for the well-being of the people on the two sides of the Taiwan Strait. For a long time now, countries around the world have supported China, invested in China, and assisted China in joining the World Trade Organization, thereby promoting China’s economic development and enhancing its national strength. This was done out of the hope that China would join the rest of the world in making global contributions, that internally it would place importance on the livelihoods of the people, and that externally it would maintain peace. As we stand here today, international tensions are on the rise, and each day countless innocents are suffering injuries or losing their lives in conflict. We hope that China will live up to the expectations of the international community, that it will apply its influence and work with other countries toward ending Russia’s invasion of Ukraine and conflicts in the Middle East. And we hope that it will take up its international responsibilities and, along with Taiwan, contribute to the peace, security, and prosperity of the region and the globe. In an era when the international landscape is becoming increasingly chaotic, Taiwan will become more calm, more confident, and stronger; it will become a force for regional peace, stability, and prosperity. I believe that a stronger democratic Taiwan is not only the ideal of our 23 million people, but also the expectation of the international community. We will continue to make Taiwan stronger and promote cross-sector economic development. Taiwan’s economic strength is no “miracle”; it is the result of the joint efforts of all the people of Taiwan. We must strive for an innovative economy, a balanced Taiwan, and inclusive growth; we must stay on top of changes in global trends, and continue to remain a key player in supply chains for global democracies. Going forward, in addition to our 5+2 innovative industries plan and Six Core Strategic Industries policy, we will more vigorously develop Taiwan’s Five Trusted Industry Sectors, namely semiconductors, AI, military, security and surveillance, and next-generation communications, and help expand their global presence. We will also promote the transformation and development of medium, small, and micro enterprises and help them develop their international markets. My fellow citizens, we will continue working to achieve a Taiwan that is balanced across all its regions. In the central government’s proposed general budget plan for next year, general grants for local governments and general centrally funded tax revenues increased significantly, by NT$89.5 billion, reaching a total of NT$724.1 billion, a record high. And our budget for flood control will be raised by NT$15.9 billion from this year, bringing the total to NT$55.1 billion. This will help municipalities across the country in addressing the challenges of extreme weather.  We will also expedite improvements to the safety of our national road network and create a human-friendly transportation environment. Furthermore, we will improve our mass rapid transit network and connect the greater Taipei area comprising Taipei, New Taipei, Keelung, and Taoyuan. We will roll out the new Silicon Valley plan for Taoyuan, Hsinchu, and Miaoli to form a central technology cluster connecting the north with the south and launch the Smart Technology Southern Industrial Ecosystem Development Plan. We will accelerate promotion of safety in our eastern transportation network so that locals can go home on safer roads. We will also enhance basic infrastructure in the outlying island areas to raise the quality of life for locals and increase their capacity for tourism. My fellow citizens, we must all the more ensure the well-being of our people across the generations. To our young parents, we will continue to promote version 2.0 of our national childcare policy for ages 0–6. We are going even further by already increasing childcare subsidies, and we will also enhance the quality of preschool services. Children are the future of our country, and the government has the responsibility to help take care of them. To our young students, we will continue to provide free tuition for students of high schools and vocational high schools, and we will also continue to subsidize tuition for students of private junior colleges, colleges, and universities. And we are taking that a step further by establishing the Ten-Billion-Dollar Youth Overseas Dream Fund. Young people have dreams, and the government has the responsibility to help youth realize those dreams. To our young adults and those in the prime of life, next year, the minimum wage will once again be raised, and the number of rent-subsidized housing units will be increased. We will expand investment in society and provide more support across life, work, housing, and health, and support for the young and old. Raising a family is hard work, and the government has a responsibility to help lighten the load. To our senior citizens all around Taiwan, next year, Taiwan will become a “super-aged society.” In advance, we will launch our Long-term Care 3.0 Plan and gradually implement the 888 Program for the prevention and treatment of chronic diseases. We will also establish a NT$10 billion fund for new cancer drugs and advance the Healthy Taiwan Cultivation Plan. We will build a stronger social safety net and provide enhanced care for the disadvantaged. And we will bring mental health support to people of all ages, including the young and middle-aged, to truly achieve care for all people of all ages throughout the whole of our society. I am deeply aware that what everyone cares about the most is the pressure of high housing prices, and that what they most detest is rampant fraud. I give the people my promise that our administration will not shirk these issues; even if it offends certain groups, we will address them no matter the price. We will redouble our efforts to combat fraud and fight housing speculation. We will expand care for renters and strike a balance with the needs of people looking to change homes. We will walk together, continuing down the path toward achieving housing justice. We have with us today former President Chen Shui-bian, former President Tsai Ing-wen, and leaders from different political parties. I want to thank all of you for attending. Your presence represents the strength our nation has built up over generations, as well as the values and significance of Taiwan’s diverse democracy. Our nation must become more united, and our society must grow more stable. I also want to thank Legislative Yuan President Han and Premier Cho for recently initiating cooperation among the ruling and opposition parties to facilitate discussion among the ruling and opposition party caucuses. In democratic countries, political parties internally promote the nation’s progress through competition, and externally they unite to work toward achieving national interests. No matter our political party, no matter our political stances, national interests come before the interests of parties, and the interests of parties can never take precedence over the interests of the people. And this is precisely the spirit upheld by those who sacrificed, who gave everything they had, in order to establish the Republic of China. This is the lesson we take from our predecessors who, generation upon generation, overcame authoritarianism, and sacrificed and devoted themselves to the pursuit of democracy. That is precisely why, regardless of party affiliation or regardless of our differences, we are gathered here today. Regardless of what name we choose to call our nation – the Republic of China; Taiwan; or the Republic of China Taiwan – we must all share common convictions: Our determination to defend our national sovereignty remains unchanged. Our efforts to maintain the status quo of peace and stability in the Taiwan Strait remain unchanged. Our commitment to hoping for parity and dignity, and healthy and orderly dialogue and exchanges between the two sides of the strait remains unchanged. Our determination, from one generation to the next, to protect our free and democratic way of life remains unchanged. I believe this is the dream that Taiwan’s 23 million people all share; it is also the shared ideal that Taiwanese society and the international community hold. The stronger the commitment of the Taiwanese people, the greater the tenacity of democracy around the world. The greater the tenacity of the Taiwanese people, the stronger the commitment of democracy around the world. Let’s keep going, Republic of China! Let’s keep going, Taiwan! Regardless of our differences, let’s keep going forward! Thank you.

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    2025-01-01
    President Lai’s remarks on legislative amendments
    On the morning of June 24, President Lai Ching-te delivered his remarks on recent legislative amendments. In remarks, President Lai emphasized opposition to an expansion of legislative power, not legislative reforms, and said that the legislature should naturally engage in reforms, but refrain from an excessive expansion of power, adding that any proposal for legislative reform should remain legal and constitutional. Particularly, the president said, the investigative powers of the Legislative Yuan should not infringe upon the powers of the judiciary or the Control Yuan, and more importantly, they must not infringe upon people’s basic rights, including the right to privacy, trade secrets, and the freedom to withhold expression. Therefore, on the basis of safeguarding the constitutional order and protecting the rights of the people, the president stated that he will petition the Constitutional Court for a constitutional interpretation, as well as petition for a preliminary injunction. Emphasizing that the president’s role is as a guardian of democratic and constitutional governance, President Lai said that given that there are concerns about the recent amendments being unconstitutional, concerns that they confound constitutional provisions on the separation of powers and those on checks and balances, it is incumbent upon him to perform his duties as president and take action. Today, he said, he has decided to petition the Constitutional Court for a constitutional interpretation to rule on the constitutionality and legitimacy of the recent amendments. Stating that this approach is responsible to our nation and to our history and actually reflects the expectations of the people, the president expressed his hope that all of our fellow citizens can work together to safeguard our constitutional system and more deeply entrench our democracy, allowing for the sustainable development of Taiwan’s democracy. A translation of President Lai’s remarks follows: One month ago, I was sworn in as president, taking an oath before the people to observe the Constitution and faithfully perform my duties. Therefore, following the legislature’s passing of amendments to the Law Governing the Legislative Yuan’s Power and to the Criminal Code, earlier this morning, I signed these amendments into law in accordance with the Constitution, and will promulgate the bills today. However, aside from the deliberative process over the amendments raising pronounced concerns from the public, the contents of the bills also risk compromising the constitutional principle of separation of powers, as well as that of checks and balances. A moment ago, Attorney Hong Wei-sheng (洪偉勝) explained our reasons for seeking to petition for a constitutional interpretation. I would like to share with our fellow citizens that it is the responsibility and mission of the president to safeguard our free and democratic constitutional system and protect the rights of the people. In a free and democratic constitutional system, core principles include separation of powers, checks and balances, and the protection of human rights. Separation of powers should be based on the Constitution, with the branches working independently while respecting one another. Regarding checks and balances, branches should function according to their institutional design to ensure constitutionally responsible government. Therefore, I must emphasize that we are opposing an expansion of legislative power, not legislative reforms. The legislature should naturally engage in reforms, but refrain from an excessive expansion of power. Any proposal for legislative reform should remain legal and constitutional. Particularly, the investigative powers of the Legislative Yuan should not infringe upon the powers of the judiciary or the Control Yuan. More importantly, they must not infringe upon people’s basic rights, including the right to privacy, trade secrets, and the freedom to withhold expression. Therefore, on the basis of safeguarding the constitutional order and protecting the rights of the people, I will petition the Constitutional Court for a constitutional interpretation, as well as petition for a preliminary injunction. On the issue of the president giving an address on the state of the nation at the Legislative Yuan, there are already existing regulations in place in the Constitution and the Law Governing the Legislative Yuan’s Power. During legislative sessions, the legislature may invite the president to give a state of the nation address on national security and major policies. I have previously said that on the condition of legal and constitutional procedures, I am willing to deliver a state of the nation address at the Legislative Yuan. However, recent amendments passed by the legislature redefine the president’s address on the state of the nation as compulsory and require that the address be followed with an on-the-spot question and answer session, in an attempt to change the design of responsible government in the Constitution. This disrupts the institution of the Executive Yuan being responsible to the Legislative Yuan, leading to concerns about an overreaching expansion of the power originally bestowed to legislators by the Constitution. As president, I will not impose my personal opinions on the constitutional order; nor will I place my personal interests before national interests. As a physician, I deeply understand that any diagnosis should be made with care. When performing organ transplants, the physician must carefully evaluate and match various attributes, such as blood type, physical constitution, and other conditions. The same principles for treating illness hold true for governing a country. Institutional or legal transplants performed in the absence of careful evaluation or discussion could lead to negative outcomes for the nation’s constitutional governance and the protection of the people’s rights. We must address these issues seriously. Every law has far-reaching impact on our nation, our society, and the next generation. The president’s role is as a guardian of democratic and constitutional governance. Given that there are concerns about the recent amendments being unconstitutional, concerns that they confound constitutional provisions on the separation of powers and those on checks and balances, it is incumbent upon me to perform my duties as president and take action. Today, I have decided to petition the Constitutional Court for a constitutional interpretation to rule on the constitutionality and legitimacy of the recent amendments. This approach is responsible to our nation and to our history and actually reflects the expectations of the people. The Constitution stands as the supreme legal basis of our nation, and the Constitutional Court is the highest judicial organ that works to maintain the constitutional order and protect the rights of citizens. As to the interpretation, ruling and opposition parties must respect and accept the results, no matter what they turn out to be. And we also hope that the public will be able to support the results. In the coming days, as this process of constitutional interpretation unfolds, there will be much discussion and debate among the public. I am confident that this will be a reaffirmation, by Taiwanese society, of our democratic and constitutional governance, and that it will make our democratic society even more mature. For democracy to be even more deeply entrenched, it needs defending, and it needs dialogue. And the historic moment to defend the constitutional structure of free democracy is now. I hope that all of my fellow citizens can work together to safeguard our constitutional system and more deeply entrench our democracy, allowing for the sustainable development of Taiwan’s democracy. Thank you. Also in attendance were Secretary-General to the President Pan Men-an (潘孟安), Deputy Secretary-General to the President Xavier Chang (張惇涵), and agent ad litem Attorney Hong.

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    2025-01-01
    President Lai holds press conference to mark first month in office
    On the morning of June 19, President Lai Ching-te held a press conference marking his first month in office titled “Building Trust through Policy Initiatives: A New Taiwan for an Era of Innovation” to announce the establishment of three committees at the Presidential Office: the National Climate Change Committee, Whole-of-Society Defense Resilience Committee, and Healthy Taiwan Promotion Committee. In remarks, President Lai noted that the goal of the committees is to develop national strategies, engage in dialogue with civil society, deepen cooperation with the international community, and take action for Taiwan’s future. President Lai said he believes that as we actively pursue the transition to net-zero emissions by 2050 and participate in global security cooperation, our people will be healthier and our nation stronger, emphasizing that as Taiwan embraces the world, the world also embraces Taiwan. He stated that we are determined and confident as we guide our nation toward a better future, making the Taiwan of the world an even better place that will continue to contribute to the global community. A translation of President Lai’s remarks follows: As I am about to reach a full month in office as president, I am here today to announce the establishment of three committees at the Presidential Office. The goal of these committees is to develop national strategies, engage in dialogue with civil society, deepen cooperation with the international community, and take action for Taiwan’s future. Taiwan occupies a strategic position on one of the world’s busiest shipping lanes; we play a crucial role on the frontline of the democratic world; our advanced supply chains hold the key to the next generation of technological development. The Taiwan of today is a Taiwan of the world. Anything that happens to Taiwan could send ripples through the entire globe. Therefore, Taiwan’s issues are international issues, and international issues are Taiwan’s issues. Today, climate change, social resilience, and the promotion of health are three major issues that receive international attention; they also create the largest impact on our citizens. In response to these challenges, as well as for further cooperation with other countries, I have decided to establish three committees at the Presidential Office, with myself as the convenor. These committees aim to consolidate forces from government and civil society, to provide effective solutions for our country and for the world. First of all, the impact of climate change and extreme weather events is definitely the largest challenge that humanity faces. In 2022, an annual report from the United Nations pointed out that without proactive measures, average surface temperatures could rise by 2.8 degrees Celsius before the end of the century. And in 2023, we already witnessed the hottest summer in recorded history. The UN has warned that the issue is not only global warming, but that we have rather already entered an era of global boiling. The World Meteorological Organization has also recorded that Asia is a region heavily struck by climate-related disasters. We must face the pressing problems of climate breakdown, and the nations of the world must work together. In response to global climate change, we must address these issues faster, stronger, and more proactively.  Whether it is neighboring Japan or Korea, or other advanced democracies such as the United States, many countries have established agencies to address climate change at the level of the president or prime minister, with the goal of adopting proactive measures. Therefore, I will establish a National Climate Change Committee, with Executive Yuan Vice President Cheng Li-chiun (鄭麗君), Academia Sinica President James C. Liao (廖俊智), and Pegatron Corporation Chairman Tung Tzu-hsien (童子賢) as deputy convenors. The committee will promote climate governance from a national perspective and further transnational cooperation. Taiwan must not only continue to promote energy transition, but also put into practice the twin green and digital transition, as well as a just transition. We aim to realize a net-zero pathway, build a sustainable green lifestyle and green finance, and enhance environmental resilience to foster a sustainable homeland. I must also emphasize that transition to net-zero emissions by 2050 is no longer just an idealistic proposal, but an inevitable future. This path is extremely challenging, so we must face reality and rally the entire nation to strive together. We need a more comprehensive strategy to guide businesses and the public, implementing changes in energy, industry, finance, and daily life. Secondly, in the face of severe disasters caused by earthquakes and climate change, Taiwan must accelerate its efforts to strengthen the resilience of our entire society. The world is watching how Taiwan can demonstrate strong resilience in defending itself and deter the ambitions that seek to disrupt regional peace and stability. Only when our entire society possesses a strong will for self-defense and an unwavering confidence in ourselves can Taiwan effectively respond to various disasters and risks and grow stronger. Just days ago, the G7 leaders issued a communiqué, reaffirming that “maintaining peace and stability across the Taiwan Strait is indispensable to international security and prosperity.” This means that as the resilience of Taiwanese society is strengthened, Taiwan’s security is enhanced; and as Taiwan’s security is strengthened, we also enhance global security and prosperity. Therefore, I will establish the Whole-of-Society Defense Resilience Committee, with Vice President Bi-khim Hsiao, Secretary-General to the President Pan Men-an (潘孟安), and National Security Council (NSC) Secretary-General Joseph Wu (吳釗燮) serving as deputy conveners. By thinking ahead and being prepared, we aim to make Taiwan stronger and instill greater confidence in our people. In times of national emergency or natural disaster, both the government and society will be able to maintain normal operations. We need to expand the training and utilization of civilian forces, enhance material preparation and critical supply distribution systems, and strengthen energy and critical infrastructure security. We must improve social welfare and medical networks, as well as evacuation facilities, ensuring the safety of information, transportation, and financial networks. We need to conduct a comprehensive review and propose solutions to problems, strengthening our resilience in national defense, economic livelihoods, disaster prevention, and democracy. Our goal is to build a stronger and more robust democratic society where we not only safeguard national security, but also maintain regional peace and stability. Finally, I will establish the Healthy Taiwan Promotion Committee to address the challenges of the post-pandemic era. In recent years, major challenges threatening our citizens include antibiotic-resistant superbugs, transnational diseases of unknown origin, and cancer, which is the leading cause of death among the Taiwanese population. Our vision for creating a Healthy Taiwan is to enable people to live long and healthy lives. Dr. Chen Jyh-hong (陳志鴻), convener of the Healthy Taiwan Promotion Alliance, President Wong Chi-huey (翁啟惠) of the Institute for Biotechnology and Medicine Industry, and Minister without Portfolio Chen Shih-chung (陳時中) of the Executive Yuan will serve as deputy conveners for the Healthy Taiwan Promotion Committee. We aim to advance the Healthy Taiwan Cultivation Plan through a health charter. We will improve the employment environment to attract and retain talent. We will optimize the National Health Insurance system for sustainable operation. We are committed to promoting holistic healthcare models and accelerating the application of smart healthcare technologies. Furthermore, we will establish a NT$10 billion fund for new cancer drugs, fully advancing our national plan for cancer prevention and treatment. I have never forgotten my mission as a doctor. I hope to gradually build a Taiwan where the number of years that people live with illness or disability is reduced, and that spent in health is increased. In the future, we must take action to promote healthy living for all, enhance lifelong care, and align Taiwan with sustainable health development around the globe. We must also look toward international cooperation to foster global solidarity in the post-pandemic era. These three committees not only signify unity and collaboration within the current administration and across ministries, but also embody a spirit of interdepartmental, cross-disciplinary, and public-private sector cooperation. These three committees will convene quarterly meetings. We will establish efficient communication platforms to foster social consensus and actively translate our goals into action. By harnessing the strengths of industry, government, academia, research institutions, and civil society sectors, we can effectively address global issues, making Taiwan’s strategies a global solution. In today’s interconnected world, every step Taiwan takes forward is a step forward for the world. Taiwan has capability, technology, and experience to share with the global community. According to last year’s rankings from the Economist Intelligence Unit and this year’s report from the Centre for Asian Philanthropy and Society, Taiwan is recognized as the most democratic and charitable country in Asia. Our achievements in democracy and our actions as a force for good have received international recognition. I believe that as we actively pursue the transition to net-zero emissions by 2050 and participate in global security cooperation, our people will be healthier and our nation stronger. As Taiwan embraces the world, the world also embraces Taiwan. I also want to emphasize that addressing these global issues and challenges requires significant effort and long-term investment of resources to yield results. If we do not start taking action today, we will fall behind tomorrow. So, the time for action is now. Today, the government shoulders its responsibility and leads by example. We are determined and confident as we guide our nation toward a better future, making the Taiwan of the world an even better place that will continue to contribute to the global community. Thank you. Also in attendance were Vice President Hsiao, Secretary-General Pan, NSC Secretary-General Wu, and Deputy Secretary-General to the President Xavier Chang (張惇涵).

    Details
    2025-01-01
    President Lai interviewed by Time magazine
    In a recent interview with Time magazine, President Lai Ching-te responded to questions regarding diplomacy, cross-strait relations, the semiconductor industry, and Taiwan’s domestic economic development. Following is the text of the questions and the president’s responses: Q: Thank you so much for sparing us the time today and congratulations on your election victory. How are you settling into the new job? I know you’ve just moved one level down from where you were previously, but I hope that your access to bubble tea has not been adversely impacted by the new job. President Lai: My interest in bubble tea has not changed. The transition into my new job has also been steady, having just moved from the fourth to the third floor. I had previously served as a legislator, premier, and was vice president for four years, so I have a clear understanding about national policies and the direction of former President Tsai Ing-wen’s past governance. So far, it has been very smooth. Thank you. Q: Obviously you’ve had four months now since your election victory to prepare for this role. How have you spent that time and what advice has [former] President Tsai given you about taking the most important job in Taiwan? President Lai: Over the past four months, the most important task was the transition process with former President Tsai. This included foreign affairs, national defense, cross-strait affairs, and key domestic issues. Some of this took place in meetings at the Presidential Office and some at military facilities and different government agencies. I also worked to assemble a cabinet, inviting Cho Jung-tai (卓榮泰) to be premier. Cheng Li-chiun (鄭麗君) was invited to serve as vice premier, and former National Development Council Minister Kung Ming-hsin (龔明鑫) as secretary-general of the Executive Yuan. Premier Cho has invited people based on talent across political affiliations to form the cabinet. So far, the public response has been positive. As for advice and encouragement from former President Tsai, she emphasized to me that the president’s job is to safeguard the country and uphold the constitutional system of freedom and democracy. Second, we must listen to public opinion and take care of the people. Third, faced with difficult challenges, we should collectively discuss a course of action forward. This way there will be less headwind. Q: Speaking of headwinds, it was just 48 hours after your election victory that Beijing announced that one of Taiwan’s diplomatic allies, Nauru, was now going to switch recognition to Beijing. This seems to be quite a clear signal to you before you’d even stepped into office or made any policy decisions or anything. How concerned are you by Taiwan’s dwindling recognition on the world stage? President Lai: We cooperate with our diplomatic allies in a sincere way, holding to the principles of mutual benefit and reciprocity. We cherish our friendships with our diplomatic allies and thank them for voicing support for Taiwan in the international community, as well as creating greater international space for us. We also greatly value the cooperation projects we have with our diplomatic allies because these help the people of both countries. Taiwan has always held firm to these principles, regardless of which political party is in power. In the case that our diplomatic allies decide to switch allegiances to the People’s Republic of China (PRC), while we wish them well, such harmful actions by the PRC will not affect Taiwan’s status as a beacon of freedom and a bastion of democracy in the world. So, [on this issue of recognition], we are not deeply worried. Q: You chose and invited Bi-khim Hsiao to be your vice president and she left Washington, DC, where she was serving as your de facto ambassador to the US. Does that signify that US-Taiwan relations are going to take on newfound importance for your administration? President Lai: During Vice President Hsiao’s term as ambassador to the United States, she performed exceedingly well. Taiwanese society has recognized her as amongst the very best within our ambassadors to the US. The international community, including the US, has also recognized her outstanding performance. Now as vice president, she can support the new administration in furthering trusted channels with the US, which will help advance our bilateral cooperation. With Bi-khim’s support, we will engage in more substantive cooperation on national security and defense, the economy, and other substantive exchanges. I trust that we will make much progress, as Bi-khim has been instrumental in bridging Taiwan together with the US. Q: In your inauguration speech, you called for resumption of cross-strait dialogue, trade, and educational exchanges but caveated that on dignity and equivalence. What exactly do you mean by dignity and equivalence with the PRC? President Lai: First, the PRC should recognize that the Republic of China (ROC) exists. They should be sincere in building exchanges and cooperation with the popularly elected and legitimate government of Taiwan. Second, each issue should be mutually beneficial and reciprocal. For example, if Taiwan allows tourists to go to China, they should allow tourists to visit Taiwan. And if we let our students go to China, their students should be allowed to come here. Third, as we conduct exchanges and cooperate with each other, we should share a common conviction to enhance the well-being of people on the two sides of the Taiwan Strait, working toward an objective of peace and mutual prosperity. Q: Also, in your speech, you said that the ROC and the PRC are not subservient to each other. That obviously provoked a reaction from Beijing. We saw the military drills but also some of your political opponents here have said that this undermines the strategic ambiguity which has been the bedrock of peace and stability. How do you counter that? Do you think that you were unnecessarily provocative in hindsight? President Lai: What I said was the truth. Moreover, I was not the first person to express this truth. My intention was not to provoke. During her 2021 National Day Address, former President Tsai said as part of her Four Commitments that the ROC and PRC should not be subordinate to each other. Former President Ma Ying-jeou had also once said the ROC is a sovereign and independent state and that neither side of the strait is subordinate to the other. Third, I stated this in accordance with Articles 2 and 3 of the ROC Constitution, given that in Taiwan we have had our own citizens, land, sovereignty, and government for decades. According to international law, we are already a sovereign and independent country. My goal is to bring the people of Taiwan together. Q: In April, US Secretary of State Antony Blinken traveled to Beijing and met with Xi Jinping. From diplomatic sources, he became quite animated when discussing the status of Taiwan and US support for Taiwan. Do you worry that President Xi is becoming emboldened and impatient about resolving the so-called Taiwan issue? President Lai: Peace and stability across the Taiwan Strait are indispensable elements of global peace and prosperity. In my inaugural address, I told the international community that I would uphold former President Tsai’s Four Commitments. We will neither yield nor provoke. We will maintain the status quo and fulfill our responsibilities. I also urge President Xi to understand that conflict in the Taiwan Strait and disruptions to peace and stability in the Indo-Pacific region will not be accepted by the international community. I invite President Xi to jointly shoulder with us the responsibility of maintaining peace and stability, building regional prosperity, and advancing world peace. Q: Since we last spoke, China’s economic problems continue to mount. Do you feel that this makes Taiwan more vulnerable, or is this an opportunity for further engagement for mutual benefit? President Lai: I have always believed that a stable China leads to a safer Taiwan. A prosperous Taiwan can also bring about progress in China. Therefore, I do not wish to see growing difficulties in China’s economy or its society become more unstable. Indeed, economic relations between Taiwan and China are the result of divisions of labor within global supply chains. In the past, China was the world’s factory as well as the world’s market. Many countries, including Taiwan, invested in manufacturing in China and sold products manufactured at home via China to the entire world. But today things have changed because China’s business environment has worsened. China has placed ever stricter controls on the free market. They have adopted a policy of placing state-owned businesses first, at the expense of the private sector. China’s intellectual property rights protection has also long fallen short of international expectations. In addition, China’s military expansionism in the East and South China Seas has impacted regional peace and stability. This is why capital investment from Taiwan and other countries is no longer heading to China at the pace it was in the past. Taiwanese companies have pulled out of China’s manufacturing sector en masse, favoring countries in the Indo-Pacific – including Japan – the US, and Europe. In 2010, investments in China accounted for 83.8 percent of Taiwan’s total foreign investment, meaning that for every NT$100, NT$83.8 was invested in China. During the same period of time, over half of Taiwan’s foreign trade was dependent on China. Parts and equipment produced in Taiwan were sent to China for assembly or used in the production of other goods, and then the finished products were sold internationally. Last year, investment in China accounted for only 11.4 percent of Taiwan’s total foreign investment, dropping from 83.8 percent. Taiwan’s foreign trade with China also fell from its previous high of over 50 percent, totaling 35.5 percent in 2023. Despite this, Taiwan’s economic growth rate has averaged 3.15 percent over the past eight years – ranking first among the Four Asian Tigers. During former President Tsai’s eight-year term, the stock market grew by 155.5 percent and its value increased 1.8-fold. When former President Tsai first assumed office, the stock market was a little over 8,000 points; it has now surpassed 20,000 points. In other words, even as China’s economy has continued to decline, Taiwan’s economy has continued to grow and has not been affected by China. Taiwan’s new government is willing to assist China and advance peace and prosperity across the Taiwan Strait. Q: Obviously Taiwan is central to global supply chains when it comes to semiconductors, producing 90 percent of the most advanced chips, but US export restrictions are preventing those chips from going to China. You mentioned that Taiwanese investment in China is plummeting. At the same time, Taiwan companies like TSMC are benefiting from billions of dollars from the US Chips Act. Do you fear that key players in Taiwan’s business industrial base moving closer to the US and being kept apart from China is increasing the risk of conflict? President Lai: In this era of smart technologies, semiconductors have become crucial industrial products. In the future, if all aspects of life – including food, clothing, housing, and transportation – are to be technologically advanced and intelligent, semiconductors will be indispensable. The industry runs on a global division of labor. From research and development, design, manufacturing, raw materials, and equipment, it is a worldwide industrial chain. Taiwan is involved in integrated circuit design, wafer manufacturing, and end-of-line packaging and testing, but raw materials are distributed across other countries. For example, components, equipment, and technology are sourced from the US, Japan, and the Netherlands. As we can see, this is an industry with a global division of labor. Although Taiwan has an advantage in the semiconductor industry, Taiwan also has a responsibility to promote global prosperity and development. Consequently, if semiconductor companies, including Taiwan Semiconductor Manufacturing Company (TSMC), decide to expand in the US, Japan, Europe, or other countries consistent with their own business interests, the government will respect their decisions. Geopolitical changes will continue to impact the distribution of semiconductor companies. Given that the restructuring of global supply chains is not specific to any single country, I do not believe that this will increase the risk of conflict. Q: Your only trip to China was in 2014 when you were serving as mayor of Tainan. I understand that you had some quite open and frank discussions with students in Shanghai about Taiwanese aspirations for independence. What did you learn from that interaction? President Lai: In 2014, I visited Shanghai because the Tainan City government organized a traveling art exhibition to commemorate the 120th anniversary of Chen Cheng-po’s (陳澄波) birth. During my interactions with the Shanghai municipal government and Fudan University, I made it clear that the two sides of the Taiwan Strait should seek common ground and set aside differences. Through exchanges and cooperation, we should promote mutual understanding, empathy, reconciliation, and peaceful development. Q: You won the election with over 40 percent of the vote, but the DPP lost control of the legislature, and so you need to work across the aisle with opposition parties to get your domestic agenda across. It’s not been a very harmonious time in the Legislative Yuan at the moment. We’ve seen brawls and a lot of sniping over the new bill to increase scrutiny of the executive branch. How confident are you that you can overcome these differences to have a constructive relationship with the opposition parties? President Lai: I remain fully confident about the future development of Taiwan. This is because of our democracy. After decades of collective effort, as well as the numerous sacrifices and contributions of many people, the vitality and values of democracy are deeply imbued within the Taiwanese people. These democratic values are an important foundation as I promote future national policy priorities. In my inaugural address, I mentioned that a divided legislature is the will of the people. This provides an opportunity for each party to share their ideas and jointly bear the responsibility of serving the nation. At the same time, if any one party does not live up to public expectations, I trust that people will respond accordingly so that the country can still move forward. In my address, I also pointed out that Taiwan will continue to move in the direction of democracy, peace, and prosperity, linking us with the international community. I will pursue policies that further entrench Taiwan’s democracy, maintain regional peace, and allow Taiwan to engage with the international community to enhance global prosperity and development. This roadmap will benefit both our country and its people. I do not think opposition parties will strongly oppose bills related to this roadmap. Q: Some of your DPP colleagues have pointed out that 17 KMT lawmakers went to China recently and met with Wang Huning, and they have openly accused the KMT of being a fifth column for the CCP in trying to disrupt your administration. Is that an opinion that you share? President Lai: In a democratic society, the interests of the people should take precedent; this is the principle of democracy at work. As a result, political parties should put national interests above their own – that is their sacred duty . As Taiwan faces different forms of pressure from China, everybody, regardless of party affiliation, should put the people first and prioritize national interests. They should not let themselves be influenced by any authoritarian country. Q: The CCP has refused to engage with your administration or the DPP. Is it beneficial for the KMT to have trips to China and engagements with China, whether it’s Ma Ying-jeou on an unofficial basis or KMT lawmakers? President Lai: The people of Taiwan and all political parties – regardless of affiliation – should recognize and respond to the fact that China’s ambition to annex Taiwan is part of their national policy. Only by coming together domestically and strengthening our global linkages can we maintain our sovereignty, freedom, and democratic way of life. By doing so, we will have the capacity and opportunity to determine our own future. No political party should sacrifice national sovereignty for political gain. Q: Following the devastating Hualien earthquake just a month ago, China offered to send aid to Taiwan but was rebuffed. You hadn’t taken office at that point. But do you feel that was the right decision? Do you think it could have been an opportunity to mend bridges across the strait? President Lai: Taiwan very much cherishes the expressions of concern and support we received from the global community. International assistance creates a positive feedback loop that helps us come together in times of need. This helps support global development and stability. With this being said, at the time, China had offered 100 prefabricated homes, which was not what the people affected by the Hualien earthquake required. When central Taiwan was struck by a major earthquake on September 21, 1999, the government had provided such homes to alleviate housing shortages at the time. However, over the past 20 or 30 years, Taiwan has accumulated greater experience and capacity for search and rescue and post-disaster reconstruction. We have moved past the period of requiring prefabricated housing. Today, if a home is made unsafe by an earthquake, a red notice will be attached to the structure. We will consequently provide financial support for both the property and its reconstruction. If people need to live in a hotel or guesthouse, stay with a relative, or rent a place to stay, these costs will also be subsidized until the home has been rebuilt. Therefore, we did not require prefabricated homes. People living in hotels or guesthouses also supported the tourism industry, which was affected by a large drop in visitors following the earthquake. Q: Some in the opposition want to restart negotiations for the cross-strait service trade agreement for close economic integration with China. Why do you oppose such a move?  President Lai: In short, the time for this has long passed. As I said, many Taiwanese businesses have left China. Looking ahead, we can see substantive differences opening up between Taiwan’s economy and China’s present economic structure. If the cross-strait service trade agreement were passed, Chinese business owners could come to Taiwan and set up shop with as little as NT$6 million dollars. And it is not just a matter of the owners – they could also bring employees over. This would greatly affect Taiwan’s local economy. Q: Beijing is aggressively courting the Global South to back its claim over Taiwan with 28 nations, according to recent reporting, firmly supporting China’s push for reunification. How important is it to win the argument over Taiwan’s right for autonomy amongst the international community, especially those of the Global South? President Lai: I hope that all countries will respect the choice of Taiwan’s people. The will of the people should not be subject to decisions made by a majority or show of hands [in international fora]. Neither should our people be threatened by violence or the threat of war. China is presently engaged in lawfare, which is affecting support for Taiwan internationally. While Taiwan will do its best to speak up for our own rights and interests, I hope that the international community will also continue to assist, understand, and support Taiwan. This is because if China’s attempts at lawfare were to succeed, this would affect Taiwan’s global backing, be it in times of peace or war. Q: Domestically in Taiwan, a lot of Taiwan people are struggling with a growing but slow economy, rising prices, and stagnated wages. What is your plan to try to help the average Taiwanese person? President Lai: I have been deeply focused on supporting the salaries and lives of our grassroots workers. I also prioritize reducing the gap between the rich and poor, as well as efforts to give our young people a brighter future. I will faithfully implement the Minimum Wage Act that was passed under former President Tsai. With this act, minimum wage increases will be based on how the GDP or prices increase. More importantly, we must help our industries upgrade and our economy transform. In my inaugural address, I said that economic development will take a threefold approach. First, we will have a clear view for a smart, sustainable future. In other words, we must use technology to address climate change and respond to the global era of smart technologies. We will have an innovative economy and create a new Taiwan that is both smart and sustainable. Second, we will expand the space industry, exploring the future by developing medium- and low-orbit communications satellites and drones. We will also use our strengths as a maritime nation to explore the ocean, helping related industries grow and develop in many directions. Third, we will help our enterprises expand their presence and markets internationally. We will improve Taiwan’s investment environment and take care of our small- and medium-sized enterprises while helping our industries in their global reach. This will grow Taiwan’s economy, leading to development and creating an environment conducive to higher wages. During my election campaign, I put forward a National Project of Hope. With this, we will invest more in our society, take better care of both young and elderly people, as well as all those who need care. We will close the wealth gap, while supporting the people’s welfare and the future of our young people. Q: President Lai, thank you. You’ve been very generous with your time. But just to end off, we spoke before how you grew up in Wanli in a poor family and your father died when you were very young. You worked very hard to become a doctor and your mother wasn’t very keen about you taking a diversion route into politics. Now you’ve reached the very top of the political ladder in Taiwan, do you think that your mother would be proud, that she would have forgiven you for defying her? President Lai: My mother was just an ordinary person and, like many mothers in Taiwan’s society at that time, worked hard, took care of her family, and hoped that her children would grow up safe and sound. What probably mattered most to my mother was that I was safe and healthy. It did not matter to her whether I became a politician or not, just as I had no expectation that one day I would sit here in the Presidential Office. In fact, when I was little, I hoped to become a doctor so as to take care of the sick, relieve suffering, and save lives. But during the process of Taiwan’s democratization, many young people devoted themselves to politics, including myself. I had no idea that I would continue down this path, much less be here today. My mother told me that if people support me, then I should run for election; if not, then I should continue as a doctor. In other words, my mother felt that I probably would not pursue politics for very long. We were from the countryside and did not come from a political family. However, I attribute my success to Taiwan’s democratization. If it were not for the sacrifices, contributions, and achievements of countless individuals up until now, I could not have been afforded the opportunity to sit here. My responsibility is to further deepen Taiwan’s democracy and enable hardworking people from all walks of life to realize their ideals and contribute to our country.

    Details
    2025-02-14
    President Lai holds press conference following high-level national security meeting
    On the morning of February 14, President Lai Ching-te convened the first high-level national security meeting of the year, following which he held a press conference. In remarks, President Lai announced that in this new year, the government will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. He stated that the government will also continue to reform national defense, reform our legal framework for national security, and advance our economic and trade strategy of being rooted in Taiwan while expanding globally. The president also proposed clear-cut national strategies for Taiwan-US relations, semiconductor industry development, and cross-strait relations. President Lai indicated that he instructed the national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches outlined. He also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. He expressed hope that as long as citizens remain steadfast in their convictions, are willing to work hand in hand, stand firm amidst uncertainty, and look for ways to win within changing circumstances, Taiwan is certain to prevail in the test of time yet again. A translation of President Lai’s remarks follows: First, I would like to convey my condolences for the tragic incident which occurred at the Shin Kong Mitsukoshi department store in Taichung, which resulted in numerous casualties. I have instructed Premier Cho Jung-tai (卓榮泰) to lead the relevant central government agencies in assisting Taichung’s municipal government with actively resolving various issues regarding the incident. It is my hope that these issues can be resolved efficiently. Earlier today, I convened this year’s first high-level national security meeting. I will now report on the discussions from the meeting to all citizens. 2025 is a year full of challenges, but also a year full of hope. In today’s global landscape, the democratic world faces common threats posed by the convergence of authoritarian regimes, while dumping and unfair competition from China undermine the global economic order. A new United States administration was formed at the beginning of the year, adopting all-new strategies and policies to address challenges both domestic and from overseas. Every nation worldwide, including ours, is facing a new phase of changes and challenges. In face of such changes, ensuring national security, ensuring Taiwan’s indispensability in global supply chains, and ensuring that our nation continues to make progress amidst challenges are our top priorities this year. They are also why we convened a high-level national security meeting today. At the meeting, the national security team, the administrative team led by Premier Cho, and I held an in-depth discussion based on the overall state of affairs at home and abroad and the strategies the teams had prepared in response. We summed up the following points as an overall strategy for the next stage of advancing national security and development. First, for overall national security, so that we can ensure the freedom, democracy, and human rights of the Taiwanese people, as well as the progress and development of the nation as we face various threats from authoritarian regimes, Taiwan must resolutely safeguard national sovereignty, strengthen self-sufficiency in national defense, and consolidate national defense. Taiwan must enhance economic resilience, maintain economic autonomy, and stand firm with other democracies as we deepen our strategic partnerships with like-minded countries. As I have said, “As authoritarianism consolidates, democratic nations must come closer in solidarity!” And so, in this new year, we will focus on the following three priorities: First, to demonstrate our resolve for national defense, we will continue to reform national defense, implement whole-of-society defense resilience, and prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. Second, to counter the threats to our national security from China’s united front tactics, attempts at infiltration, and cognitive warfare, we will continue with the reform of our legal framework for national security and expand the national security framework to boost societal resilience and foster unity within. Third, to seize opportunities in the restructuring of global supply chains and realignment of the economic order, we will continue advancing our economic and trade strategy of being rooted in Taiwan while expanding globally, strengthening protections for high-tech, and collaborating with our friends and allies to build supply chains for global democracies. Everyone shares concern regarding Taiwan-US relations, semiconductor industry development, and cross-strait relations. For these issues, I am proposing clear-cut national strategies. First, I will touch on Taiwan-US relations. Taiwan and the US have shared ideals and values, and are staunch partners within the democratic, free community. We are very grateful to President Donald Trump’s administration for their continued support for Taiwan after taking office. We are especially grateful for the US and Japan’s joint leaders’ statement reiterating “the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community,” as well as their high level of concern regarding China’s threat to regional security. In fact, the Democratic Progressive Party government has worked very closely with President Trump ever since his first term in office, and has remained an international partner. The procurement of numerous key advanced arms, freedom of navigation critical for security and stability in the Taiwan Strait, and many assisted breakthroughs in international diplomacy were made possible during this time. Positioned in the first island chain and on the democratic world’s frontline countering authoritarianism, Taiwan is willing and will continue to work with the US at all levels as we pursue regional stability and prosperity, helping realize our vision of a free and open Indo-Pacific. Although changes in policy may occur these next few years, the mutual trust and close cooperation between Taiwan and Washington will steadfastly endure. On that, our citizens can rest assured. In accordance with the Taiwan Relations Act and the Six Assurances, the US announced a total of 48 military sales to Taiwan over the past eight years amounting to US$26.265 billion. During President Trump’s first term, 22 sales were announced totaling US$18.763 billion. This greatly supported Taiwan’s defensive capabilities. On the foundation of our close cooperation with the past eight years’ two US administrations, Taiwan will continue to demonstrate our determination for self-defense, accelerate the bolstering of our national defense, and keep enhancing the depth and breadth of Taiwan-US security cooperation, along with all manner of institutional cooperation. In terms of bilateral economic cooperation, Taiwan has always been one of the US’s most reliable trade partners, as well as one of the most important cooperative partners of US companies in the global semiconductor industry. In the past few years, Taiwan has greatly increased both direct and indirect investment in the US. By 2024, investment surpassed US$100 billion, creating nearly 400,000 job opportunities. In 2023 and 2024, investment in the US accounted for over 40 percent of Taiwan’s overall foreign investment, far surpassing our investment in China. In fact, in 2023 and 2024, Taiwanese investment in China fell to 11 percent and 8 percent, respectively. The US is now Taiwan’s biggest investment target. Our government is now launching relevant plans in accordance with national development needs and the need to establish secure supply systems, and the Executive Yuan is taking comprehensive inventory of opportunities for Taiwan-US economic and trade cooperation. Moving forward, close bilateral cooperation will allow us to expand US investment and procurement, facilitating balanced trade. Our government will also strengthen guidance and support for Taiwanese enterprises on increasing US investment, and promote the global expansion and growth of Taiwan’s industries. We will also boost Taiwan-US cooperation in tech development and manufacturing for AI and advanced semiconductors, and work together to maintain order in the semiconductor market, shaping a new era for our strategic economic partnership. Second, the development of our semiconductor industry. I want to emphasize that Taiwan, as one of the world’s most capable semiconductor manufacturing nations, is both willing and able to address new situations. With respect to President Trump’s concerns about our semiconductor industry, the government will act prudently, strengthen communications between Taiwan and the US, and promote greater mutual understanding. We will pay attention to the challenges arising from the situation and assist businesses in navigating them. In addition, we will introduce an initiative on semiconductor supply chain partnerships for global democracies. We are willing to collaborate with the US and our other democratic partners to develop more resilient and diversified semiconductor supply chains. Leveraging our strengths in cutting-edge semiconductors, we will form a global alliance for the AI chip industry and establish democratic supply chains for industries connected to high-end chips. Through international cooperation, we will open up an entirely new era of growth in the semiconductor industry. As we face the various new policies of the Trump administration, we will continue to uphold a spirit of mutual benefit, and we will continue to communicate and negotiate closely with the US government. This will help the new administration’s team to better understand how Taiwan is an indispensable partner in the process of rebuilding American manufacturing and consolidating its leadership in high-tech, and that Taiwan-US cooperation will benefit us both. Third, cross-strait relations. Regarding the regional and cross-strait situation, Taiwan-US relations, US-China relations, and interactions among Taiwan, the US, and China are a focus of global attention. As a member of the international democratic community and a responsible member of the region, Taiwan hopes to see Taiwan-US relations continue to strengthen and, alongside US-China relations, form a virtuous cycle rather than a zero-sum game where one side’s gain is another side’s loss. In facing China, Taiwan will always be a responsible actor. We will neither yield nor provoke. We will remain resilient and composed, maintaining our consistent position on cross-strait relations: Our determination to safeguard our national sovereignty and protect our free and democratic way of life remains unchanged. Our efforts to maintain peace and stability in the Taiwan Strait, as well as our willingness to work alongside China in the pursuit of peace and mutual prosperity across the strait, remain unchanged. Our commitment to promoting healthy and orderly exchanges across the strait, choosing dialogue over confrontation, and advancing well-being for the peoples on both sides of the strait, under the principles of parity and dignity, remains unchanged. Regarding the matters I reported to the public today, I have instructed our national security and administrative teams to take swift action and deliver results, working within a stable strategic framework and according to the various policies and approaches I just outlined. I have also instructed them to keep a close watch on changes in the international situation, seize opportunities whenever they arise, and address the concerns and hope of the citizens with concrete actions. My fellow citizens, over the past several years, Taiwan has weathered a global pandemic and faced global challenges, both political and economic, arising from the US-China trade war and Russia’s invasion of Ukraine. Through it all, Taiwan has persevered; we have continued to develop our economy, bolster our national strength, and raise our international profile while garnering more support – all unprecedented achievements. This is all because Taiwan’s fate has never been decided by the external environment, but by the unity of the Taiwanese people and the resolve to never give up. A one-of-a-kind global situation is creating new strategic opportunities for our one-of-a-kind Taiwanese people, bringing new hope. Taiwan’s foundation is solid; its strength is great. So as long as everyone remains steadfast in their convictions, is willing to work hand in hand, stands firm amidst uncertainty, and looks for ways to win within changing circumstances, Taiwan is certain to prevail in the test of our time yet again, for I am confident that there are no difficulties that Taiwan cannot overcome. Thank you.

    MIL OSI Asia Pacific News

  • MIL-Evening Report: Bracing for a monster: Tropical Cyclone Zelia is bearing down on WA. Here’s what to expect

    Source: The Conversation (Au and NZ) – By Steve Turton, Adjunct Professor of Environmental Geography, CQUniversity Australia

    Severe Tropical Cyclone Zelia is bearing down on the northwest coast of Australia and is likely to make landfall early Friday evening.

    It’s a monster storm of great concern to Western Australia. Port Hedland is the largest town in the firing line and also our busiest iron ore export port. Strong winds may extend to other areas along the coast, and inland to areas such as Marble Bar, Tom Price and Paraburdoo.

    Even if Zelia doesn’t hit towns directly, it’s likely to cause a lot of damage. The Bureau of Meteorology predicts extremely dangerous sustained winds of around 205 kilometers an hour and wind gusts higher still, at 290km/h. That’s strong enough to flatten homes, trees, power lines and other infrastructure.

    This is a category five cyclone, which is the most severe possible under the current scale. But as climate change worsens, authorities may need to add another category to the scale.

    Bureau of Meteorology video explaining the threat of Tropical Cyclone Zeila.

    Do we need a category 6?

    Elsewhere in the world, tropical cyclones are called hurricanes or typhoons.

    The severity of a tropical cyclone (or hurricane or typhoon) is ranked in categories from 1 (weakest) to 5 (strongest).

    Category one involves maximum average wind speed of up to 88km/h, and strongest gusts up to 125 km/h. It typically causes negligible damage to homes but may damage crops, trees and caravans.

    Category five, the most severe, is defined as “extremely dangerous”, causing widespread destruction of buildings and vegetation. These cyclones bring maximum average wind speeds greater than 200km/h and gusts greater than 279km/h.

    However, on a warming planet, cyclones are expected to become more intense. It’s also making tropical cyclones and hurricanes intensify more quickly.

    Some scientists have called for a category six for hurricanes, typhoons and cyclones with sustained wind speeds greater than 309km/h. They argue a new category is needed to communicate the risks associated with tropical cyclones fuelled by climate change.

    Bureau of Meteorology video explaining the threat of Tropical Cyclone Zeila.

    Climate change is feeding storms

    It’s too early to say if Cyclone Zelia is directly caused, or fuelled, by climate change. However, research over the last 30 years has found a link between global warming and more intense tropical cyclones.

    Globally, 2024 was Earth’s warmest year on record. Ocean heat content is increasing around most tropical seas, and other places where tropical cyclones are forming.
    Warmer oceans, and a warmer atmosphere, both feed energy into tropical cyclones, making them more intense and fast-forming when conditions are favourable.

    Zelia intensified from a category one into a five in just over 24 hours.

    Australia is currently experiencing record-breaking sea surface temperatures. The area off the northwest coast has been up to 4-5°C above normal this summer.

    Hurricane Milton, which struck the United States in October last year, also shows how climate change is making tropical cyclones worse. Amid very warm ocean temperatures, it intensified rapidly over the Gulf of Mexico to a category five hurricane.

    We can expect more of these severe cyclones in future, if humanity keeps warming up the oceans and the atmosphere.

    Slow is not good

    Climate change is slowing the forward motion of tropical cyclones over the ocean and land. That means they take longer to cross the coast and pass through an area – inflicting more damage from wind and storm surge, and dumping more rain.

    The Bureau of Meteorology says Cyclone Zelia’s “forward speed” is quite slow, at 11km/h. So, heavy rain and the strong winds will persist for quite a few hours before and after it crosses the coast.

    The strongest winds of a tropical cyclone are usually near the eye, but can extend for hundreds of kilometres. Sometimes, winds on opposite sides of the eye blow in different directions, causing destruction on the ground which damages buildings, infrastructure, farmland and the environment.



    Conditions on the ground

    At the moment around Port Hedland, winds are about 70-100km/h and rising. That’s gale force but not too alarming. Conditions will rapidly deteriorate into this afternoon, particularly to the east of Port Hedland.

    The storm has already dropped a lot of rain. This has caused local flooding and cut rail lines. But there’s more to come.

    The Bureau of Meteorology is also warning of a significant storm tide – when sea levels rise well above a typical high tide. This may lead to flooding and inundate coastal roads and properties.

    The cyclone will continue to trek inland over the weekend, gradually weakening as it goes. People in mining and Indigenous communities hundreds of kilometres inland could experience strong winds, heavy rain and flooding.

    The bureau is providing regular updates online. For those in the path of the cyclone visit www.emergency.wa.gov.au or download the Emergency WA app for the latest community alerts and warnings.

    Steve Turton has received funding from the Australian government.

    ref. Bracing for a monster: Tropical Cyclone Zelia is bearing down on WA. Here’s what to expect – https://theconversation.com/bracing-for-a-monster-tropical-cyclone-zelia-is-bearing-down-on-wa-heres-what-to-expect-249947

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Submissions: Australia – CBA Emergency Assistance for Tropical Cyclone Zelia affected areas in WA

    Source: Commonwealth Bank of Australia

    Commonwealth Bank is providing Emergency Assistance to Tropical Cyclone Zelia affected areas across the Pilbara region of Western Australia.

    Commonwealth Bank is providing Emergency Assistance to customers and businesses in areas affected by Tropical Cyclone Zelia in WA.

    Retail Banking Services Group Executive, Angus Sullivan, said: “We are thinking of everyone affected by Tropical Cyclone Zelia across the Pilbara region of Western Australia. We are making a range of measures available, tailored to the needs of our customers.”

    CBA understands each customer will have different needs and encourages those affected to discuss their individual circumstances by either contacting the bank in the CommBank app, phoning 1800 314 695 or visiting their nearest Commonwealth Bank branch, if safe to do so. Business customers can also call 1800 314 695 or speak with their dedicated CommBank relationship manager.

    Special arrangements are in place to provide support to Commonwealth Bank customers should they need it, and the CBA team is ready to assist them with any financial concerns or enquiries.

    For more information on the support we’re providing to impacted communities, visit: commbank.com.au/support/natural-disasters

    CBA Emergency Assistance includes a range of options, including:

    Customised payment arrangements for home loans, credit card, personal loan and some business loans.
    Waiving fees and charges.
    Temporary overdrafts, additional loans or emergency credit limit increases (subject to credit approval).
    Waiving fees and notice periods for early access to Term Deposits.
    Emergency accommodation may be available for customers who have taken out Home Insurance provided by Hollard, distributed by CommBank, subject to making a claim and policy terms and conditions.
    Helping direct claims enquiries for customers seeking support through their Home Insurance provided by Hollard, distributed by CommBank.
    Loan restructuring for business customers with existing loans.
    Waiving fees for temporary and damaged merchant EFTPOS terminals, as well as support with merchant terminal rental fees.

    To access this support please either contact us via the CommBank app, on 1800 314 695 or visit us in branch, if it is safe to do so. Further information about our Emergency Assistance is available online at: commbank.com.au/emergencyassistance

    For emergency help call the State Emergency Service on 132 500. Alternatively, visit WA State Emergency Services. In a life-threatening emergency call 000 (triple zero). (ref. https://wases.com.au/ )

    MIL OSI – Submitted News

  • MIL-OSI Australia: Second Reading Speech – Early Childhood Education And Care (Three Day Guarantee) Bill 2025

    Source: Australian Executive Government Ministers

    Ask any parent, and they’ll tell you early education and care is an essential service. It helps them get back to work and helps their children get ready for school. Under
    the Liberals the cost went through the roof and the rules were tightened to make it harder for some children to get the start in life they deserve. We’re fixing that.

    Over 10 years the cost of child care exploded by more than 49 per cent—double the OECD average—under Abbott, Turnbull and Morrison. We said we’d cut the cost of child care and we have, for more than one million families right across the country. As a result of the changes we made and passed through this Parliament two years ago, a family on a joint income of about $120,000 has saved $2,768 since July 2023. That’s helped a lot of parents get back to work and put more money in their pockets, and it’s meant more children are now getting the benefits of our early education system. The number of children in our early education system is now about 100,000 more than it was when we were elected 2½ years ago. That’s a good thing. There are also 1,000 more centres and more services. That’s good, too.

    When we came to office 2½ years ago, something else was happening. The people who educate and care for our children were leaving the sector in droves. They were leaving the job that they loved. The attrition rate was through the roof. That’s now changed, too. The reason for that is the 15 per cent pay rise that we’re now rolling out. The best example of that is what’s happening at Goodstart Early Learning, the biggest childcare operator in the country. At their centres, across the country, job applications have now jumped by 35 per cent. Expressions of interest have jumped by 50 to 60 per cent, and vacancy rates are down by a massive 28 per cent. We’re seeing that right across the country. Vacancy rates right across the sector are now down by 22 per cent. It turns out that, if you pay people more, more want to do the job. Early educators are some of the most important workers in this country and some of the most underpaid. They were leaving the job that they love, the job that we need them to, not because they didn’t want to do it but because they couldn’t afford to keep doing it. That 15 per cent pay increase is fixing that.

    The next step in making our early education system better and fairer is making sure that more children who currently can’t get access to it get that chance. In February 2023, we asked the Productivity Commission to comprehensively review our early education system. We asked them to help build a blueprint for reform and tell us how we can build a truly universal early education system. We got their final report in June of last year. One of the things it says that we have to do if we want to build that universal early education system is build more centres where they don’t exist, what are sometimes referred to as ‘childcare deserts’. We’re doing that. In December, the Prime Minister announced that, if we win the next election, the government will create a $1 billion Building Early Education Fund. This will be the single biggest ever investment by an Australian government in new childcare services. It will build or expand over 160 early education and care centres where they’re needed most. I want to thank GrainGrowers, who said that this is positive step and that this fund will help expand and build new childhood education and care centres in areas of need. I want to thank the National Farmers Federation too for imploring the Liberals and the Nationals to match what we’re doing. They get it. Unfortunately, the Liberal Party and National Party haven’t heard them, because they don’t support this. They’ve spent 2½ years in this Parliament talking about childcare deserts. They spent a decade in government doing nothing about it. Now there is a $1 billion fund on the table that they could support, but they choose not to. It’s unbelievable. The Productivity Commission also recommended something else that we need to do next. That’s to get rid of the Liberals’ activity test. This is a real barrier that was purposefully put in place by the Liberal Party to limit access to early education for a lot of children—in particular, a lot of disadvantaged children and kids from poor families. It is deeply unfair. A test to determine if your child is worthy of accessing early education is one that no family should have to pass. The Productivity Commission report gives us a definition of what a universal early education and care system could and should look like. It says it’s a system where every child can get access to affordable early education and care three days a week or 30 hours a week. This bill gets rid of the Liberals’ activity test and replaces it with a guarantee of access to three days a week of government supported early education and care for every child who needs it. It’s still means tested, but it means that families will not be left out because parents are looking for work or preparing to go back to study. It means that over 100,000 families will be able to get more subsidised hours of early education and care. And it means real cost-of-living relief for 66,700 families in the first full financial your alone. Those families will save an average of $1,370 per year on their childcare costs. About half of those families earn less than $100,000 per year. Lower-income families will save even more: an average of $1,460 a year.

    This is going to make a real difference for a lot of young families. It will help with the cost of living but it will do more than that. Fundamentally this is about helping every child get a great start in life—what every parent wants for their children and what every child deserves—helping them to get ready to start school, helping to make sure they don’t start school behind. That’s what early education does. This is not babysitting; it’s early education. The evidence is clear: children who get access to early education and care are more likely to start school ready to go, ready to learn. They’re also more likely to finish school and then go on to more study. Former US President Joe Biden often made the point that a child who goes to preschool is 50 per cent more likely to go to college. At the moment, while lots of Australian children get the benefit of this life-changing opportunity, not all do. As the Productivity Commission pointed out in its final report, at the moment it’s children who need it most who are least likely to access early education and care. In 2021 only 54 per cent of children in the most disadvantaged areas were enrolled in early education and care, compared with 76 per cent of children in the highest socioeconomic areas. The most recent Early Development Census report found that only 42.7 per cent of children experiencing the highest level of socioeconomic disadvantage were on track when they started school, compared with 54.8 per cent of all children. That’s what this is about: helping them, helping to make sure more children are ready to start school.

    This bill does something else, too. As part of our commitment to closing the gap we are setting a target of ensuring that at least 55 per cent of Indigenous Australian children are developmentally on track. At the moment it’s 34 per cent. That’s a big gap. Not unsurprisingly, Indigenous children’s attendance at early education and care is way below the national average, and the activity test is one of the reasons for this. That’s why this bill increases the base entitlement to 100 hours for Indigenous children. It’s a really important change—one that Indigenous families and communities have been calling for since the activity test was created. And we have listened. You only have to listen to the words of the CEO of SNAICC, Catherine Liddle, after the Prime Minister announced this policy to know how important this is. This is what Catherine said:
    This can be a game-changer for our babies. It will mean more children are developmentally ready for school, setting them up for a thriving future.

    It’s just one part of the work we need do to close the gap, and I am so very proud that it’s part of this bill. I want to thank the Prime Minister for his leadership in driving reform in this area, and I know how personally important it is to him to see these changes being made. I also want to thank my dear friend and colleague the Minister for Early Childhood Education, the awesome Anne Aly. I also want to thank our offices, and I want to thank our department for the work they have done in preparing this legislation. And I want to thank our early educators and our teachers, and I hope you see in this bill how this government values the important work you do. I also want to thank everyone who has called for this for years and years and years—groups like the Parenthood, whose CEO, Georgie Dent, called this ‘a paradigm shift’; people like Ros Baxter, the CEO of Goodstart, who said, ‘This will change lives;’ or Jay Weatherill at the Minderoo Foundation who called this ‘a momentous step’; or the Centre for Policy Development, who said that this guarantee ‘is a game-changer’ and that it demonstrates ‘a real dedication to delivering a universal system’; or the Business Council of Australia’s Wendy Black, who said that they have ‘long called for an early childhood education guarantee based on quality, universal access to give children a strong educational foundation’.

    This is important reform for an essential service for more than a million families across the country. It helps parents get back to work, but, even more important than that, it helps the next generation of Australians to prepare for school, to prepare for their life ahead. That’s what makes this reform so important, and I am so happy to commend it to the House.

    MIL OSI News

  • MIL-OSI: Pulse Seismic Inc. Reports 2024 Financial Results and Declares Regular and Special Dividends

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the year ended December 31, 2024. The audited consolidated financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will be available on Pulse’s website at www.pulseseismic.com.

    Pulse’s Board of Directors today approved a quarterly dividend of $0.015 per share and additionally declared a special dividend of $0.20 per share. The total of the dividends will be approximately $10.9 million based on Pulse’s 50,837,863 common shares outstanding as of February 13, 2025, to be paid on March 13, 2025, to shareholders of record on February 28, 2025. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Pulse’s dividends are subject to Canadian withholding tax.

    “We are very pleased with the Company’s 2024 financial performance, and what we have accomplished so far in 2025. We remain focused on returning capital to shareholders, as deemed appropriate given the annual fluctuations inherent in our business. So far in 2025 we have secured $17.5 million in sales and today the Board of Directors declared a special dividend of $0.20 per share, in addition to the regular quarterly dividend,” stated Neal Coleman, Pulse’s President and CEO. “In 2024, 76% of free cashflow was allocated to dividends and share buybacks, and looking back to Q4 2021, after repayment of the majority of the 2019 acquisition debt, we resumed dividends and share buybacks and have declared $0.83 per share in dividends and decreased our share count by three million,” Coleman concluded.

    HIGHLIGHTS FOR THE YEAR ENDED DECEMBER 31, 2024

    • The return of capital to shareholders in 2024 including all dividends declared in the year and shares purchased under the Normal Course Issuer Bid (NCIB), totalled $9.5 million, and was 76% of shareholder free cashflow generated for the year;
    • Dividends of $0.10875 per share were declared in 2024. Regular dividends declared and paid totalled $0.05875 per share. The annualized regular dividend of $0.055 per share was increased by 9% to $0.06 per share in the second quarter of the year. A special dividend of $0.05 per share was paid in the third quarter of 2024;
    • 1,784,000 shares were purchased during the year under the Normal Course Issuer Bid (NCIB) at an average price of $2.17 per share, for total cost of approximately $3.9 million;
    • Shareholder free cash flow(a) was $12.4 million ($0.24 per share basic and diluted) compared to $24.8 million ($0.47 per share basic and diluted) for the year ended December 31, 2023;
    • EBITDA(a) was $15.5 million ($0.30 per share basic and diluted) compared to $30.4 million ($0.57 per share basic and diluted) for the year ended December 31, 2023;
    • Net earnings were $3.4 million ($0.07 per share basic and diluted) compared to net earnings of $15.0 million ($0.28 per share basic and diluted) for 2023;
    • Total revenue was $23.4 million compared to $39.1 million for the year ended December 31, 2023; and
    • At December 31, 2024, the Company had a cash balance of $8.7 million as well as $5.0 million of available liquidity on its credit facility.

    HIGHLIGHTS FOR THE THREE MONTHS ENDED DECEMBER 31, 2024

    • The regular quarterly dividend of $0.015 per share was paid in the fourth quarter;
    • A total of 97,700 shares were purchased under the NCIB in the fourth quarter, at an average price of $2.32 per share and total cost of approximately $226,000;
    • Shareholder free cash flow was $2.4 million ($0.05 per share basic and diluted) compared to $10.9 million ($0.21 per share basic and diluted) in the fourth quarter of 2023;
    • EBITDA was $3.8 million ($0.07 per share basic and diluted) compared to $13.6 million ($0.26 per share basic and diluted) in the fourth quarter of 2023;
    • Net earnings were $774,000 ($0.02 per share basic and diluted) compared to net earnings of $8.3 million ($0.16 per share basic and diluted) in the fourth quarter of 2023; and
    • Total revenue was $5.6 million compared to $16.9 million for the three months ended December 31, 2023.
    SELECTED FINANCIAL AND
    OPERATING INFORMATION
           
             
             
    (Thousands of dollars except per share data, Three months ended December 31, Years ended December 31,
    numbers of shares and kilometres of seismic data) 2024 2023 2024 2023
         
    Revenue 5,576 16,861 23,379 39,127
             
    Amortization of seismic data library 2,263 2,270 9,090 9,103
    Net earnings 774 8,307 3,391 15,007
    Per share basic and diluted 0.02 0.16 0.07 0.28
    Cash provided by operating activities 2,337 7,001 14,195 23,524
    Per share basic and diluted 0.05 0.13 0.28 0.44
    EBITDA (a) 3,785 13,592 15,496 30,431
    Per share basic and diluted (a) 0.07 0.26 0.30 0.57
    Shareholder free cash flow (a) 2,440 10,946 12,408 24,829
    Per share basic and diluted (a) 0.05 0.21 0.24 0.47
             
    Capital expenditures        
    Seismic data 225
    Property and equipment 45 28
    Total capital expenditures 270 28
             
    Dividends        
    Regular dividends declared 763 724 3,018 2,862
    Special dividends declared 10,527 2,548 18,519
    Total dividends declared 763 11,251 5,566 21,381
             
    Normal course issuer bid        
    Number of shares purchased and cancelled 97,700 59,500 1,784,000 1,005,006
    Cost of shares purchased and cancelled 227 112 3,880 1,943
             
    Weighted average shares outstanding        
    Basic and diluted 50,878,652 52,647,740 51,448,985 53,237,569
    Shares outstanding at period-end     50,837,863 52,621,863
             
    Seismic library        
    2D in kilometres     829,207 829,207
    3D in square kilometres     65,310 65,310
           
    FINANCIAL POSITION        
          December 31, December 31,
    (Thousands of dollars except working capital ratio)     2024 2023
    Working capital     9,222 7,468
    Working capital ratio     5.1:1 1.5:1
    Cash and cash equivalents     8,722 15,948
    Total assets     21,516 41,249
    EBITDA     15,496 30,431
    Shareholders’ equity     18,295 25,655
             
     

    (a) The Company’s continuous disclosure documents provide discussion and analysis of “EBITDA”, “EBITDA per share”, “shareholder free cash flow” and “shareholder free cash flow per share”. These financial measures do not have standard definitions prescribed by IFRS and, therefore, may not be comparable to similar measures disclosed by other companies. The Company has included these non-GAAP financial measures because management, investors, analysts and others use them as measures of the Company’s financial performance. The Company’s definition of EBITDA is cash available for interest payments, cash taxes, repayment of debt, purchase of its shares, discretionary capital expenditures and the payment of dividends, and is calculated as earnings (loss) from operations before interest, taxes, depreciation and amortization. The Company believes EBITDA assists investors in comparing Pulse’s results on a consistent basis without regard to non-cash items, such as depreciation and amortization, which can vary significantly depending on accounting methods or non-operating factors such as historical cost. EBITDA per share is defined as EBITDA divided by the weighted average number of shares outstanding for the period. Shareholder free cash flow further refines the calculation of capital available to invest in growing the Company’s 2D and 3D seismic data library, to repay debt, to purchase its common shares and to pay dividends by deducting non-discretionary expenditures from EBITDA. Non-discretionary expenditures are defined as non-cash expenses, debt financing costs (net of deferred financing expenses amortized in the current period), net restructuring costs and current tax provisions. Shareholder free cash flow per share is defined as shareholder free cash flow divided by the weighted average number of shares outstanding for the period.
    These non-GAAP financial measures are defined, calculated and reconciled to the nearest GAAP financial measures in the Management’s Discussion and Analysis.

    OUTLOOK

    Pulse’s ability to predict future revenue generation has always been challenging due to the nature of the business, which naturally fluctuates from year to year. That said, Pulse has had a strong start to the year having closed $17.5 million in sales, representing approximately 75% of sales in 2024. There are generally a mix of positive and negative factors influencing the industry which contributes to the challenge, and at this time in particular, uncertainty concerning 2025 is high. Positive factors in 2024, and recent projections into 2025 include high levels of M & A activity, approximately $19.4 billion in 2024 compared to $16.5 billion in 2023, while the latest annual forecast by Sayer Energy Advisors for 2025 is approximately $15.0 billion. There were continuing high volumes of land sales in Alberta in 2024: approximately $365 million, down only slightly from the $370 million in 2023, and significantly higher than in recent years going back to before the 2014-2015 industry downturn. In British Columbia, land sales which had been paused since May 2021 finally resumed in December 2024. New infrastructure, such as the TMX pipeline expansion which was completed in 2024 has already provided increased export capacity and is a driver of increased drilling activity. The Canadian Association of Energy Contractors, in November 2024 forecast an increase to 6,604 wells to be drilled in 2025, an approximate 7% increase over 2024. The pending completion of LNG Canada’s liquified natural gas export facility is expected to contribute to the forecast increase in drilling and may lead to an improvement in Canadian natural gas prices. The positive factors are offset by factors that create uncertainty for the future, including economic, political, and environmental concerns. It is clear that Canada needs to continue to build pipelines and increase natural gas egress, to support the country’s energy security, as well as to secure new buyers of Canadian energy. The impacts of the recent change in administration in the United States and the uncertainty around energy tariffs and trade policy, together with Canadian federal government leadership changes are contributing to the lack of clarity for the future.

    Pulse, as previously stated, has low visibility regarding future seismic data library sales levels, regardless of industry conditions. The Company remains focused on business practices that have served throughout the full range of conditions. The Company maintains a strong balance sheet, has zero debt, no capital spending commitments, and a disciplined and rigorous approach to evaluating growth opportunities. This 15-person company, led by an experienced and capable management team, operates with a low-cost structure and focuses on developing excellent client relations as well providing exceptional customer service. Pulse’s strong financial position, high leverage to increased revenue in its EBITDA margin and careful management of its cash resources have resulted in the return of capital to shareholders through regular and special dividends and the repurchase of its shares.

    CORPORATE PROFILE

    Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin, where most of Canada’s oil and natural gas exploration and development occur.

    For further information, please contact:
    Neal Coleman, President and CEO
    Or
    Pamela Wicks, Vice President Finance and CFO
    Tel.: 403-237-5559
    Toll-free: 1-877-460-5559
    E-mail: info@pulseseismic.com.
    Please visit our website at www.pulseseismic.com

    This document contains information that constitutes “forward-looking information” or “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities legislation. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “forecast”, “target”, “project”, “guidance”, “may”, “will”, “should”, “could”, “estimate”, “predict” or similar words suggesting future outcomes or language suggesting an outlook.

    The Outlook section herein contain forward-looking information which includes, but is not limited to, statements regarding:

    >   The outlook of the Company for the year ahead, including future operating costs and expected revenues;
    >   Recent events on the political, economic, regulatory, and legal fronts affecting the industry’s medium- to longer-term prospects, including progression and completion of contemplated pipeline projects;
    >   The Company’s capital resources and sufficiency thereof to finance future operations, meet its obligations associated with financial liabilities and carry out the necessary capital expenditures through 2025;
    >   Pulse’s capital allocation strategy;
    >   Pulse’s dividend policy;
    >   Oil and natural gas prices and forecast trends;
    >   Oil and natural gas drilling activity and land sales activity;
    >   Oil and natural gas company capital budgets;
    >   Future demand for seismic data;
    >   Future seismic data sales;
    >   Pulse’s business and growth strategy; and
    >   Other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results and performance, as they relate to the Company or to the oil and natural gas industry as a whole.
         

    By its very nature, forward-looking information involves inherent risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking statements will not be achieved. Pulse does not publish specific financial goals or otherwise provide guidance, due to the inherently poor visibility of seismic revenue. The Company cautions readers not to place undue reliance on these statements as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions expressed in such forward-looking information.

    These factors include, but are not limited to:

    >   Uncertainty of the timing and volume of data sales;
    >   Volatility of oil and natural gas prices;
    >   Risks associated with the oil and natural gas industry in general;
    >   The Company’s ability to access external sources of debt and equity capital;
    >   Credit, liquidity and commodity price risks;
    >   The demand for seismic data and;
    >   The pricing of data library licence sales;
    >   Cybersecurity;
    >   Relicensing (change-of-control) fees and partner copy sales;
    >   Environmental, health and safety risks;
    >   Federal and provincial government laws and regulations, including those pertaining to taxation, royalty rates, environmental protection, public health and safety;
    >   Competition;
    >   Dependence on key management, operations and marketing personnel;
    >   The loss of seismic data;
    >   Protection of intellectual property rights;
    >   The introduction of new products; and
    >   Climate change.
         

    Pulse cautions that the foregoing list of factors that may affect future results is not exhaustive. Additional information on these risks and other factors which could affect the Company’s operations and financial results is included under “Risk Factors” in the Company’s most recent annual information form, and in the Company’s most recent audited annual financial statements, most recent MD&A, management information circular, quarterly reports, material change reports and news releases. Copies of the Company’s public filings are available on SEDAR+ at www.sedarplus.ca.

    When relying on forward-looking information to make decisions with respect to Pulse, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Furthermore, the forward-looking information contained in this document is provided as of the date of this document and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, except as required by law. The forward-looking information in this document is provided for the limited purpose of enabling current and potential investors to evaluate an investment in Pulse. Readers are cautioned that such forward-looking information may not be appropriate, and should not be used, for other purposes.

    PDF available: http://ml.globenewswire.com/Resource/Download/f55ea14e-e8ea-4d49-975a-eedb00bb9aa3

    The MIL Network

  • MIL-Evening Report: Parliament has passed landmark election donation laws. They may be a ‘stitch up’ but they also improve Australia’s democracy

    Source: The Conversation (Au and NZ) – By Joo-Cheong Tham, Professor, Melbourne Law School, The University of Melbourne

    Federal parliament has passed the biggest changes to Australia’s electoral funding laws in decades.

    The Albanese government’s Electoral Legislation Amendment (Electoral Reform) Bill 2024 cleared the Senate on Wednesday night after just two hours of debate on amendments agreed to earlier by the Coalition. In blatant disregard for democracy, the government refused to refer the bill to a parliamentary committee for proper scrutiny.

    The amendments fail to address numerous deficiencies in the original bill that was introduced last November. Transparency has been wound back and hollow contribution caps have been locked in.

    In significant respects, however, the package is an improvement on the status quo, which has seen unrestricted donations and spending flourish. So, too, secrecy.

    We need to penetrate the sound and fury of partisanship and assess the substance of these laws. This will yield a much more nuanced picture than conveyed by cross bench claims of a major party stitch up.

    Some improvement to transparency

    The government originally proposed lowering the disclosure threshold for donations from $16,000 to $1,000. The revised bill settles on a new threshold of $5,000.

    The amendments fail to plug a loophole that allows a donor to give separately to all of the branches attached to a political party if each individual contribution is just under the threshold. For example, a donor could spread almost $45,000 to the nine state and federal branches of the ALP without being required to declare the amounts.

    But the new laws will usher in near-real time disclosure and substantially reduce “dark money”, a seismic shift from the secrecy and lack of timeliness in the regime it replaces.

    Hollow donation caps

    Under the reforms, a series of contribution caps have been introduced to curb the influence of big money in politics.

    In my assessment of the original bill, I highlighted how the caps would prevent multi-million dollar contributions from cashed-up individuals.

    The amendments go further by closing a number of sizeable loopholes. Self financing candidates, such as Clive Palmer and Malcolm Turnbull will be subject to the contribution caps. The current exclusions for membership and affiliation fees to associated entities – “disguised donations” – will also be caught by the caps.

    But any positives are emphatically outweighed by the “annual gift cap” more than doubling to $50,000. The same “spreading” loophole that applies to the disclosure obligations would allow a donor to to give just shy of this amount to each of a party’s state and federal branches across the country. The major parties could reap up to almost $450,000 per annum from a single donor.

    And the “overall gift cap” on total donations made to political parties and candidates is a generous $1.6 million, which means large contributions will still be permissible under the new framework.

    The government has also failed to remove the patently unfair provisions relating to “nominated entities”, which are likely to be used by the major parties as investment vehicles.

    As the Victorian Electoral Review Expert Panel has rightly noted, such entities:

    provide some (parties) with significantly more funds, creating a risk that those (parties) drown out other voices.

    Election spending contained and fairer

    The spending caps in the new finance laws are fundamentally unaltered by the government’s amendments.

    The $800,000 per electorate limit, and $90 million per party nationally, will contain the “arms race” that has necessitated “big money” fundraising and fuelled unfair contests.

    However, the limits are set too high and will benefit the established parties due to the narrow scope of the spending caps in individual electorates. This means the major parties will be able to shift funding to must-win seats without being caught by the electorate caps.

    This shortcoming has been seized upon as clear evidence that Labor and the Liberals are seeking to kneecap Teal election campaigns. While having some force, these criticisms should be viewed in the context of the current situation where the major parties have an unfettered ability to direct spending to marginal seats, a situation which the Teals are ironically defending with their opposition to spending caps.

    The importance of public funding

    The new regime includes a substantial jump in public funding from $3.50 to $5 per vote.

    Crossbenchers, such as Kate Chaney, are opposed, to the increase, saying it will entrench the might of the majors while making it harder for new independents:

    The effect of increasing public funding is that political parties don’t have to fundraise because they’ve got their war chests. But any challengers do have to fundraise.

    While there is a clear risk of unfairness, the crossbench position throws the baby out with the bathwater. It romanticises the role of private funding, skating over the risks of corruption and undue influence via large donations.

    The public funding of political parties and candidates is warranted. But there should be a conversation about the design and scope of taxpayer support.

    The political finance laws could be made considerably fairer by fixing the structural bias that favours incumbents, including teal MPs. And they don’t need to be as generous given the large flows of private funding that will continue under the shallow contribution caps.

    Unfinished business

    Bad processes tend to make bad laws. The government’s actions have cast a pall of illegitimacy over its political finance regime. The new framework is unfair and ineffectual in significant ways and yet democracy enhancing in others.

    We are all trustees of democracy, with an obligation to protect and deepen democratic practices. An urgent task in that continuing struggle is to protect the strengths of these laws while jettisoning the elements that are egregiously bad.

    Joo-Cheong Tham has received funding from the Australian Research Council, the Australian Council of Trade Unions, European Trade Union Institute, International IDEA, the New South Wales Electoral Commission, the New South Wales Independent Commission Against Corruption and the Victorian Electoral Commission. He is a Director of the Centre for Public Integrity; Expert Network Member of Climate Integrity; a Fellow of the Academy of Social Sciences in Australia; and the Victorian Division Assistant Secretary (Academic Staff) of the National Tertiary Education Union.

    ref. Parliament has passed landmark election donation laws. They may be a ‘stitch up’ but they also improve Australia’s democracy – https://theconversation.com/parliament-has-passed-landmark-election-donation-laws-they-may-be-a-stitch-up-but-they-also-improve-australias-democracy-249588

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Cassidy Announces $2.6 Million for Louisiana in Hurricanes Ida, Francine Relief

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) announced Louisiana will receive $2,619,792.02 from the Federal Emergency Management Agency (FEMA) for Hurricanes Ida and Francine relief. The Greater Lafourche Port Commission will receive $1,118,949.84 for permanent work on the Galliano Main Administrative Office Building which was damaged as a result of Hurricane Ida. The Louisiana National Guard will receive $1,500,842.18 for emergency protective measures as a result of Hurricane Francine.
    “As we continue to rebuild from past storms, we must also prepare for the next storm,” said Dr. Cassidy. “Louisiana is resilient, and this funding will only strengthen our communities.”

    MIL OSI USA News

  • MIL-Evening Report: Parliament has passed landmark election donation laws. They may be a ‘stich up’ but they also improve Australia’s democracy

    Source: The Conversation (Au and NZ) – By Joo-Cheong Tham, Professor, Melbourne Law School, The University of Melbourne

    Federal parliament has passed the biggest changes to Australia’s electoral funding laws in decades.

    The Albanese government’s Electoral Legislation Amendment (Electoral Reform) Bill 2024 cleared the Senate on Wednesday night after just two hours of debate on amendments agreed to earlier by the Coalition. In blatant disregard for democracy, the government refused to refer the bill to a parliamentary committee for proper scrutiny.

    The amendments fail to address numerous deficiencies in the original bill that was introduced last November. Transparency has been wound back and hollow contribution caps have been locked in.

    In significant respects, however, the package is an improvement on the status quo, which has seen unrestricted donations and spending flourish. So, too, secrecy.

    We need to penetrate the sound and fury of partisanship and assess the substance of these laws. This will yield a much more nuanced picture than conveyed by cross bench claims of a major party stitch up.

    Some improvement to transparency

    The government originally proposed lowering the disclosure threshold for donations from $16,000 to $1,000. The revised bill settles on a new threshold of $5,000.

    The amendments fail to plug a loophole that allows a donor to give separately to all of the branches attached to a political party if each individual contribution is just under the threshold. For example, a donor could spread almost $45,000 to the nine state and federal branches of the ALP without being required to declare the amounts.

    But the new laws will usher in near-real time disclosure and substantially reduce “dark money”, a seismic shift from the secrecy and lack of timeliness in the regime it replaces.

    Hollow donation caps

    Under the reforms, a series of contribution caps have been introduced to curb the influence of big money in politics.

    In my assessment of the original bill, I highlighted how the caps would prevent multi-million dollar contributions from cashed-up individuals.

    The amendments go further by closing a number of sizeable loopholes. Self financing candidates, such as Clive Palmer and Malcolm Turnbull will be subject to the contribution caps. The current exclusions for membership and affiliation fees to associated entities – “disguised donations” – will also be caught by the caps.

    But any positives are emphatically outweighed by the “annual gift cap” more than doubling to $50,000. The same “spreading” loophole that applies to the disclosure obligations would allow a donor to to give just shy of this amount to each of a party’s state and federal branches across the country. The major parties could reap up to almost $450,000 per annum from a single donor.

    And the “overall gift cap” on total donations made to political parties and candidates is a generous $1.6 million, which means large contributions will still be permissible under the new framework.

    The government has also failed to remove the patently unfair provisions relating to “nominated entities”, which are likely to be used by the major parties as investment vehicles.

    As the Victorian Electoral Review Expert Panel has rightly noted, such entities:

    provide some (parties) with significantly more funds, creating a risk that those (parties) drown out other voices.

    Election spending contained and fairer

    The spending caps in the new finance laws are fundamentally unaltered by the government’s amendments.

    The $800,000 per electorate limit, and $90 million per party nationally, will contain the “arms race” that has necessitated “big money” fundraising and fuelled unfair contests.

    However, the limits are set too high and will benefit the established parties due to the narrow scope of the spending caps in individual electorates. This means the major parties will be able to shift funding to must-win seats without being caught by the electorate caps.

    This shortcoming has been seized upon as clear evidence that Labor and the Liberals are seeking to kneecap Teal election campaigns. While having some force, these criticisms should be viewed in the context of the current situation where the major parties have an unfettered ability to direct spending to marginal seats, a situation which the Teals are ironically defending with their opposition to spending caps.

    The importance of public funding

    The new regime includes a substantial jump in public funding from $3.50 to $5 per vote.

    Crossbenchers, such as Kate Chaney, are opposed, to the increase, saying it will entrench the might of the majors while making it harder for new independents:

    The effect of increasing public funding is that political parties don’t have to fundraise because they’ve got their war chests. But any challengers do have to fundraise.

    While there is a clear risk of unfairness, the crossbench position throws the baby out with the bathwater. It romanticises the role of private funding, skating over the risks of corruption and undue influence via large donations.

    The public funding of political parties and candidates is warranted. But there should be a conversation about the design and scope of taxpayer support.

    The political finance laws could be made considerably fairer by fixing the structural bias that favours incumbents, including teal MPs. And they don’t need to be as generous given the large flows of private funding that will continue under the shallow contribution caps.

    Unfinished business

    Bad processes tend to make bad laws. The government’s actions have cast a pall of illegitimacy over its political finance regime. The new framework is unfair and ineffectual in significant ways and yet democracy enhancing in others.

    We are all trustees of democracy, with an obligation to protect and deepen democratic practices. An urgent task in that continuing struggle is to protect the strengths of these laws while jettisoning the elements that are egregiously bad.

    Joo-Cheong Tham has received funding from the Australian Research Council, the Australian Council of Trade Unions, European Trade Union Institute, International IDEA, the New South Wales Electoral Commission, the New South Wales Independent Commission Against Corruption and the Victorian Electoral Commission. He is a Director of the Centre for Public Integrity; Expert Network Member of Climate Integrity; a Fellow of the Academy of Social Sciences in Australia; and the Victorian Division Assistant Secretary (Academic Staff) of the National Tertiary Education Union.

    ref. Parliament has passed landmark election donation laws. They may be a ‘stich up’ but they also improve Australia’s democracy – https://theconversation.com/parliament-has-passed-landmark-election-donation-laws-they-may-be-a-stich-up-but-they-also-improve-australias-democracy-249588

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Economics: Panasonic Recognized with Top ‘A’ Rating by CDP for Climate Change Leadership for Third Consecutive Year

    Source: Panasonic

    Headline: Panasonic Recognized with Top ‘A’ Rating by CDP for Climate Change Leadership for Third Consecutive Year

    Osaka, Japan, February 7, 2025 – Panasonic Holdings Corporation (PHD) has been named by CDP*1, an international non-profit organization, as an A-list*2 company for 2024 in recognition of its leadership in disclosure transparency and performance in the area of climate change. This marks the third consecutive year, and the sixth time overall, that PHD has achieved CDP’s highest rating.

    CDP is widely recognized as the global standard for corporate environmental reporting, and the ratings published annually by CDP are widely used to drive investment and procurement decisions toward a net zero, sustainable and resilient economy. In 2024, more than 24,800 companies, representing two-thirds of the global market value, reported their environmental data through CDP. Earning an “A” rating from CDP indicates that a company has been evaluated as positioning climate change as a critical management issue and has effectively managed governance, strategy, risk management, metrics, and targets related to climate change as per the guidelines of the Task Force on Climate-related Financial Disclosures (TCFD)*3, which helps the company to gain the trust of investors and customers and facilitate its business.
    PHD received the highest “A” rating in the climate change category again for setting ambitious and meaningful goals to address and resolve climate change issues, for its emissions reduction activities, and for the transparency and comprehensiveness of its information disclosure. Moreover, in 2024, PHD received recognition from the international organization Science Based Targets initiative (SBTi)*4 for its “Net-Zero Targets”.
    Committed to making sure that my children and grandchildren and yours, and future generations can enjoy a healthy environment, the Panasonic Group will continue to promote efforts to solve global environmental problems and transparent disclosure of environmental information to achieve the mission of realizing “an ideal society with affluence both in matter and mind.”
    *1: CDP is an international NGO headquartered in the United Kingdom. It conducts activities to urge companies and local governments to disclose information about their environmental measures.
    *2: CDP rates companies using nine grades (A, A-, B, B-, C, C-, D, D-, and F).
    *3: Task Force on Climate-Related Financial Disclosures (TCFD): A framework for disclosing financial information on corporate climate change initiatives and impacts. The TCFD was established by the Financial Stability Board, which consists of central banks and other institutions from various countries, in response to a request from the G20.
    *4: A collaboration between the CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), with a global team composed of people from these organizations.

    MIL OSI Economics

  • MIL-OSI United Nations: ‘Myanmar’s children cannot afford to wait,’ warns UNICEF

    Source: United Nations 2-b

    Peace and Security

    Children in Myanmar are increasingly caught in the crossfire of intensifying conflict, climate disasters and a collapsing humanitarian system, the UN Children’s Fund (UNICEF) reported.

    UNICEF Deputy Executive Director Ted Chaiban issued a stark call for urgent international action on Thursday, describing the situation as “dire” for children.

    Since the February 2021 military coup, Myanmar has plunged into a deepening crisis.

    Fighting between military forces and ethnic armed groups has escalated, with reports of heavy artillery, airstrikes, and widespread violence. Ethnic militias have seized control of key towns, while civilians are caught in the crossfire.

    This year alone, at least 650 children have been killed or maimed according to UNICEF.

    The rising use of deadly weapons in civilian areas – including homes, schools, and hospitals – has left children with virtually no safe spaces. This is “robbing them of their right to safety and security,” said Mr. Chaiban.

    Displacement and devastation

    Over 3.4 million people have been displaced nationwide, nearly 40 per cent of whom are children.

    In one particularly tragic incident on November 15, a strike on a church compound in Kachin State killed seven children and two adults as they played football.

    “I saw firsthand how vulnerable children and other civilians are in conflict-affected areas,” said Mr. Chaiban, who recently visited Kachin. He called on all parties to the conflict to “uphold international humanitarian law and protect [children] from such brutal attacks.”

    The situation is further exacerbated by extreme weather events. Typhoon Yagi, which caused severe flooding and affected over a million people, has left children cut off from healthcare, education, and other vital services.

    Access to aid obstructed

    Efforts to deliver aid face immense challenges. “Access remains constrained by ongoing armed conflict, insecurity, bureaucratic impediments and lack of telecommunications and personal protective equipment,” Mr. Chaiban explained.

    UNICEF’s 2024 humanitarian appeal is currently less than 25 per cent funded, even as the needs grow increasingly urgent.

    Despite these challenges, UNICEF and its humanitarian partners are working tirelessly to deliver life-saving services, including health, nutrition, and education, especially in frontline and hard-to-reach areas.

    International action

    UNICEF is calling on all parties to the conflict to uphold international humanitarian law, protect civilians, and ensure safe passage for those fleeing violence.

    Mr. Chaiban called on the international community to step up its support – through funding, advocacy, and solidarity – to prevent further suffering. “The cost of inaction is far too high. Myanmar’s children cannot afford to wait,” he emphasised.

    Soundcloud

    Tom Andrews, UN Special Rapporteur on the human rights situation in Myanmar, echoed this sentiment.

    Speaking to UN News, he urged Member States to raise pressure through sanctions. “[We need] for all the sanction regimes to be connected, for Member States to establish common targets and work together to apply them with stronger enforcement.”

    UNICEF remains resolute in its commitment to protecting Myanmar’s children and delivering aid in one of the world’s most challenging humanitarian crises.

    MIL OSI United Nations News

  • MIL-OSI USA: Senator Murray: Trump Blocking Funding Will Kill Good-Paying Energy Jobs and Raise Families’ Energy Bills

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    Murray: “In choking off tens of billions of dollars in energy investments, Trump is threatening to kill thousands of good-paying American jobs and raise energy costs for households across the country.”

    Senator Murray hosts press call to detail how Trump blocking energy investments is hurting communities in every part of the country

    ***WATCH: PRESS CALL HERE***

    Washington, D.C. — Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and Ranking Member of the Energy and Water Appropriations Subcommittee, hosted a press call to underscore how President Trump continuing to block key energy investments threatens to raise families’ energy bills, derail key energy projects, and kill good-paying jobs in communities across the country. Senator Murray was joined by David Turk, former Deputy Secretary of the U.S. Department of Energy, and Joe Nguyen, Director of the Washington state Department of Commerce.

    “The guy who swore up and down on the campaign trail that he would lower people’s energy costs is now working to raise them. And an administration that says it wants to ‘restore energy dominance’ is now working to kill domestic energy projects and the thousands of American jobs they are creating,” said Senator Murray. “This funding freeze—which may very well not be a freeze but a permanent rollback—is bad for families and it’s bad for workers. And it is also bad for American businesses who have inked contracts to create new battery plants, produce sustainable aviation fuel, lay down new transmission lines, construct new energy plants, and so much more—and who are now left wondering whether the federal government is going to honor its commitments.”

    “Another estimate said that the average American consumer is going to pay almost $500 more per year if these kinds of programs—the tax incentives to the loan programs—don’t go forward. And I think that’s a conservative estimate,” said David Turk, who recently served as Deputy Secretary of the U.S. Department of Energy. “I really want to underscore that chaos and confusion and uncertainty is not our friend. If you talk to any investor, if you talk to any CEO, the last thing they need—the last thing they want—is chaos, confusion, uncertainty about what should be no brainers. If the government makes a commitment, if we get to conditional commitment with a loan program recipient, that’s the government’s credibility. That’s the American people’s credibility on the line to follow through and make sure that we are providing that certainty for investment.”

    “It was 27 degrees in West Seattle this morning, and even colder in other parts of the state. The hundreds of millions of dollars threatened today by Trump’s political games hurts already overburdened communities the most, especially low-income families, rural towns, and our small businesses. Washingtonians deserve better than the games the Trump administration is playing,” said Joe Nguyen, Director of the Washington state Department of Commerce.

    On his first day in office, President Trump signed an executive order to illegally halt funding from the Infrastructure Investment and Jobs Act (IIJA) and Inflation Reduction Act (IRA) from going out the door to communities and recipients counting on the funding. Hundreds of billions of dollars are still being held up under Trump’s directives—and it’s jeopardizing all manner of energy projects and programs communities are counting on.

    In the years since the IIJA and IRA were signed into law, over $211 billion in private sector investment in clean energy and tech manufacturing has been announced nationwide—with 232k+ jobs announced and nearly 80% of those investments made in Republican-held districts. The president’s freeze puts all these gains at serious risk.

    Senator Murray’s remarks, as delivered, are below:

    “Thanks everyone for joining this call today. I’m really glad to be here with David Turk, who recently served as Deputy Energy Secretary, and Joe Nguyen, Director of Washington state’s Department of Commerce, to talk about how President Trump and Elon Musk are holding up tens of billions of dollars in energy investments nationwide—putting jobs at risk and raising energy costs for families.

    “We are now well into the fourth week of President Trump’s illegal—and deeply harmful—funding freeze.

    Trump is still blocking funding that we secured in the Bipartisan Infrastructure Law and Inflation Reduction Act, among much else, from going out the doors. It is, of course, illegal for a president to unilaterally decide to block funding.

    “As I’ve said many times: presidents don’t just get to pick and choose what laws they feel like following.

    “But Trump blocking funding is not merely illegal. It also devastating for communities like the ones I represent—who are counting on these resources, who’ve hired folks, are relying on this funding to, for example, lower their monthly energy bill, and who, in many cases, have already inked contracts.

    “Today, we are talking about the energy investments Trump is blocking—and I want to say from the outset this is just one slice of the vast pot of funding he is holding up.

    “Trump’s freeze is holding up funding for: rebuilding roads and bridges, new clean school buses, wildfire prevention efforts, assistance for farmers, replacing old water pipes, investments in our national security, and so much more.

    “But today I wanted to zero in on what’s going on at the Department of Energy.

    “Because make no mistake: in choking off tens of billions of dollars in energy investments, Trump is threatening to kill thousands of good-paying American jobs and raise energy costs for households across the country.

    “When Congress passed the Bipartisan Infrastructure Law and the Inflation Reduction Act, we made historic investments to—among a whole lot else—create good-paying clean energy jobs, spur innovation, strengthen American manufacturing, and lower energy costs for families.

    “We provided funding for families to upgrade their homes and save big on their energy bills. We delivered resources to build new battery manufacturing plants, construct cutting-edge hydrogen hubs, boost our nuclear power capabilities, and increase domestic production of critical minerals we absolutely need.

    “As you can imagine, a lot of good new jobs have been created in the process—and we’re really just beginning to feel the full benefits.

    “A quarter of a million clean energy jobs have been created since we passed the IRA and Bipartisan Infrastructure Law. In Washington state, the new Pacific Northwest Hydrogen Hub alone is set to create 10,000 jobs. The Department of Energy’s Loan Programs Office awards alone will support at least 50,000 good jobs across the country.

    “But Trump is putting these domestic jobs at risk—which plays right into the hands of our competitors, like China.

    “And he is simultaneously threatening to rip up programs we’ve created that are lowering people’s energy costs.

    “Right now, Trump is putting funding for the Home Energy Rebates Program in serious jeopardy. We are talking about funding for families to make upgrades that save them on their monthly energy bill. Funding for you to buy energy efficient appliances and to retrofit your home so that cold air stays out in the winter and hot air stays out in the summer. These programs aren’t just important in tackling the climate crisis—they are saving families money.

    “They provide households up to $14,000 in rebates to make upgrades and lower their energy bills—and they are saving American households up to $1 billion every single year.

    “The Weatherization Assistance Program, for example, saves households $372 on average each year! But again—Trump has put it on the chopping block.

    “There’s no need to dance around it: the guy who swore up and down on the campaign trail that he would lower people’s energy costs is now working to raise them.

    “And an administration that says it wants to ‘restore energy dominance’ is now working to kill domestic energy projects and the thousands of American jobs they are creating!

    “This funding freeze—which may very well not be a freeze but a permanent rollback—is bad for families and it’s bad for workers. And it is also bad for American businesses who have inked contracts to create new battery plants, produce sustainable aviation fuel, lay down new transmission lines, construct new energy plants, and so much more—and who are now left wondering whether the federal government is going to honor its commitments.

    “That uncertainty alone risks jobs and investments—and will hurt local economies everywhere.

    “It was recently reported, for example, that Trump and Musk are looking at cancelling even finalized loans provided by the Energy Department’s Loan Programs Office. That, of course, puts jobs at risk and puts workers’ livelihoods and businesses’ bottom lines in jeopardy.

    “But what we are seeing is also a situation rife with potential conflicts of interest and corruption—which is another huge part of the story when it comes to Trump and Musk blocking funding.

    “Just one example: back in 2010, when Tesla wasn’t doing too hot, Elon Musk secured a half billion-dollar loan from the Department of Energy. That loan boosted the company—and Elon Musk—and helped them become what they are today.

    “Fast forward to now—Elon Musk is raiding agencies, cutting off funding, cancelling contracts, and the Energy Department is apparently looking to cancel loans it has made to his electric vehicle competitors.

    “The obvious question then is Elon Musk going to cut off loans that are helping Tesla’s competitors create jobs and build their business right here in America?

    “There is so much at stake—and what is painfully clear is that Trump’s illegal funding freeze is causing chaos and confusion. It’s putting these projects and jobs at risk—and will take money out of families’ pockets—and it has got to end.

    “The court decisions we’ve gotten so far have affirmed what we have known all along: Trump does not have the power to steal approved funding from the American people.

    “But the relief the orders should provide is, for now, only temporary—and in many cases, the funding is still frozen.

    “Now, DOE may say they’ve just developed a new process for thoroughly reviewing all programs and payments but make no mistake: this process is meant to have the same effect—it is a freeze by a different name and the funds remain frozen.

    “What needs to happen is Donald Trump and Elon Musk must end the freeze and revoke their orders to choke off these investments.

    “As I’ve said before: if Donald Trump wants to roll back programs that are lowering people’s energy bills, he can come to Congress and win the votes he needs to do it.

    “If Donald Trump wants to gut funding that is creating good-paying energy jobs all across the country, he can come to Congress and win the votes he needs to do it.

    “That’s why I am here today to sound the alarm and protect critical programs American families rely on and support. You don’t just get to rip up contracts and block funding owed to the American people.

    “Now, I want to turn it over to David Turk, who I’m so glad could join us, to talk a bit more about what this freeze is doing.”

    MIL OSI USA News

  • MIL-OSI Australia: Key investment priorities for the Energy Security Corporation

    Source: New South Wales Government 2

    Headline: Key investment priorities for the Energy Security Corporation

    Published: 14 February 2025

    Released by: Minister for Energy and Climate Change


    The Minns Labor Government has announced the Energy Security Corporation’s first Investment Mandate, which outlines how the corporation will co-invest with the private sector in renewable energy projects for our state.

    The Energy Security Corporation is seeded with $1 billion to help build a more reliable energy system. It will work with the private sector to plug investment gaps in the market, ensuring NSW homes and businesses can enjoy the benefits of renewable energy.

    The key priorities for investment include short to long-duration storage projects that capture excess renewable energy, to maximise use of electricity generated from solar and wind.

    It will also cover projects that will upgrade infrastructure to ensure smooth operation of the grid coordinate and consumer energy resources in households, businesses and the community (such as virtual power plants).

    The Investment Mandate is a key milestone in establishing the Energy Security Corporation, allowing it to begin investigating investment opportunities throughout NSW.

    Mr Paul Peters has been appointed as interim Chief Executive Officer to kick-off the Energy Security Corporation’s activities. Mr Peters brings significant experience in investment and financing, as well as developing energy and infrastructure assets and industrial decarbonisation projects.

    The NSW Government will shortly appoint the inaugural Board.

    Quote attributable to Minister for Energy, Penny Sharpe:

    “NSW will invest $1 billion in critical projects to deliver more affordable, clean and reliable energy to homes and businesses across the state.

    “After a decade of privatisation, the Energy Security Corporation gives the people of NSW the chance to invest in their energy system.

    “I congratulate Mr Peters on his appointment, and I am looking forward to the Energy Security Corporation supporting projects throughout NSW.”

    Further information:

    The Energy Security Corporation will co-invest with the private sector on energy storage projects such as:

    • Large-scale batteries

    Large-scale batteries store surplus energy generated by renewable sources like wind and solar, and release it when renewable generation is low or when demand for energy peaks.

    • Community batteries

    A community battery is a shared battery installed in a central location within a neighbourhood that can store excess solar energy generated from homes in a community.

    The stored energy can then be shared with other homes in the community when demand is high, like in the evening or when its cloudy.

    • Pumped hydro

    Hydro energy uses the force of moving water to create electricity. Hydro energy is capable of rapidly providing power on-demand, to supply electricity to consumers when it is needed.

    • Virtual Power Plant (VPP)

    A Virtual Power Plant is a network that can connect your rooftop solar and battery to other participating homes and coordinate them, allowing them to work together.

    This means that if there’s a shortage of energy supply in the grid, the virtual power plant can draw on the collective energy to fill the gap. This can earn participating homes a profit from their excess energy.

    Many small projects, when connected and coordinated, can be as impactful as a whole power station.

    MIL OSI News

  • MIL-OSI USA: Kennedy announces $2.6 million in Hurricanes Ida, Francine aid for Louisiana National Guard, Lafourche Parish

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)

    WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Appropriations Committee, today announced $2,619,792 in Federal Emergency Management Agency (FEMA) grants for Louisiana National Guard emergency protective measures and the restoration of a damaged building in Lafourche Parish.

    “Louisiana communities depend on the Louisiana National Guard during disasters. This $2.6 million will help cover costs the Guard sustained during Hurricane Francine and restore a facility in Lafourche Parish that Hurricane Ida damaged,” said Kennedy.

    The FEMA aid will fund the following:

    • $1,500,842 to the Louisiana Department of Military for emergency protective measures that the Louisiana National Guard undertook during Hurricane Francine.
    • $1,118,950 to the Greater Lafourche Port Commission for repairs to the Galliano Main Administrative Office Building due to Hurricane Ida damage.

    MIL OSI USA News

  • MIL-OSI USA: Sen. Scott Applauds Committee Passage of Disaster Relief Loan Account Accountability Legislation

    US Senate News:

    Source: United States Senator for South Carolina Tim Scott

    WASHINGTON — U.S. Senator Tim Scott (R-S.C.) released the following statement applauding the passage of his SBA Disaster Transparency Act out of the Senate Small Business and Entrepreneurship Committee: 

    “Just weeks after South Carolina was devastated by Hurricane Helene, the SBA’s Disaster Loan Account was completely out of money. I heard from hundreds of South Carolina businesses about the hardship of the SBA loan shortage and immediately began working on several measures to ensure this problem isn’t repeated. This is a needed step forward to reform the Disaster Loan Account, provide increased transparency, and ensure Congress can act before it’s too late. I will continue working with my colleagues and President Trump to ensure this and other measures are put in place to ease the pain of future tragedies.”

    The SBA Disaster Transparency Act would bring the SBA disaster account into parity with the Federal Emergency Management Agency (FEMA) Disaster Relief Fund, requiring public reports on the status of the SBA’s fund.

    MIL OSI USA News

  • MIL-Evening Report: NZ depends on the rules-based world Trump is dismantling – why the silence?

    Source: The Conversation (Au and NZ) – By Alexander Gillespie, Professor of Law, University of Waikato

    The Ministry of Foreign Affairs’ 2023 strategic foreign policy assessment, “Navigating a shifting world”, accurately foresaw a more uncertain and complex time ahead for New Zealand. But already it feels out of date.

    The Trump administration’s extreme disruption of the international order (which New Zealand helped construct) is going further and faster than foreseen in the assessment. Were another nation responsible, the government would have been quick to condemn it.

    But New Zealand has so far been largely mute while Trump has quit the World Health Organization and the Paris Climate Accord, attacked foreign assistance programs and withdrawn funding from key United Nations organisations.

    Had Russia or China threatened the annexation or acquisition of Canada, Panama and Greenland, New Zealand would have reacted strongly. But it has said nothing substantive.

    The United States still belongs to the World Trade Organization and various regional trade agreements. But Trump’s use of tariffs threatens havoc throughout the multilateral trade system.

    Similarly, Trump has not quit the International Court of Justice. But his proposal to remove two million Palestinians from Gaza amounts to an unequivocal rejection of the court’s recent ruling on Israeli policies and practices in the Occupied Territories – as well as international law.

    On all these fronts, New Zealand has preferred not to make a stand.

    The coming Russia-Ukraine test

    While other countries have been quick to criticise Trump’s Gaza plan, New Zealand has opted not to comment until greater clarity is available, other than to reiterate its support for a two-state solution for Palestine.

    When Trump imposed sanctions on the International Criminal Court, New Zealand (along with Australia and Japan) failed to join a statement from 79 other countries expressing unwavering support for the court.

    The next likely test will be Trump’s attempt to broker a peace deal between Russia and Ukraine. While the goal is undoubtedly worthy, the question will be at what cost.

    If the price is ignoring the UN Charter, and if European supporters of Ukraine find the illegal annexations of its sovereign territory unpalatable, New Zealand will face a stark choice.

    For Australia, with its special trade relationship with the US and membership of the AUKUS security pact, this may be simple politics. For New Zealand, without a special free trade agreement with the US, frozen out of ANZUS and not part of AUKUS, the equation is more complex.

    Discord in the Pacific

    Last year, Prime Minister Christopher Luxon said New Zealand must “stand up for this international rules-based system that has actually served New Zealand incredibly well”. Quietly sitting down will not be an option forever.

    Furthermore, all this is happening against the backdrop of New Zealand’s apparently waning influence in its own back yard, the South Pacific.

    While China seeks to expand its own influence, cuts and possible retrenchment in New Zealand’s aid budget suggest little appetite for tangible counteraction.

    The loss of influence was first apparent with Kiribati, which has steered towards a much closer relationship with China since 2022. More recently, China has made inroads into other Pacific countries, including the Solomons and East Timor, working in an increasingly grey zone with support for civilian and military security.

    But the recent fracture with the Cook Islands takes things to a new level.

    Struggling to find a voice

    While no longer a dependency, the Cooks’ free association agreement with New Zealand gives its people immense benefits, including citizenship and the right to work and live in New Zealand.

    In return, the Cooks undertakes to consult over foreign affairs matters, including any policy or initiative that might affect the interests of the other signatory.

    But the development of a somewhat opaque “comprehensive strategic partnership” with China blindsided New Zealand, and has strained what is meant to be a good-faith relationship. Again, however, New Zealand has struggled to find its voice.

    If it speaks too loudly, it risks further undermining that special Pacific relationship, as well as irritating its largest trade partner, China. If it speaks too softly, the respect and influence the country deserves will fade.

    New Zealand’s vaunted independent foreign policy is a fine ideal and has been a workable mechanism to navigate the challenges facing a small trading nation reliant on a rules-based global order.

    This has worked well for the past few decades. But as the old world order erodes, losing its voice for fear of offending bigger powers cannot become the country’s default position.

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

    ref. NZ depends on the rules-based world Trump is dismantling – why the silence? – https://theconversation.com/nz-depends-on-the-rules-based-world-trump-is-dismantling-why-the-silence-249857

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Canada: Financial assistance coming for people affected by October floods

    Source: Government of Canada regional news

    Disaster Financial Assistance (DFA) is now available for eligible people and businesses in the City of Maple Ridge and Township of Langley affected by flooding due to the atmospheric river from Oct. 18-20, 2024.

    Following a significant event, DFA may compensate for the sudden, unexpected loss of uninsurable items that are essential. This may include building repairs to a principal residence, replacement of essential personal effects, as well as clean up and debris removal.

    People can access specifics about the event and can submit their DFA application online at: https://www.gov.bc.ca/disasterfinancialassistance

    DFA is available to homeowners, renters, business owners, farmers, corporation-owned properties and charitable organizations to cover uninsurable disaster-related losses. The program is unable to compensate for losses for which insurance was reasonably and readily available.

    Applications for DFA must be submitted to the Ministry of Emergency Management and Climate Readiness within 90 calendar days of the event declaration. The deadline to submit applications for this DFA event for the City of Maple Ridge and the Township of Langley is May 14, 2025.

    The Province is committed to providing the necessary support and resources people need to rebuild their lives after an emergency. The DFA program has been enhanced and expanded in recent years to better support people and communities. These changes include:

    • increase in maximum DFA support available per claim from $300,000 to $400,000;
    • expanded eligibility for small businesses based on minimum income;
    • expanded annual revenue threshold for small businesses from $1 million to $2 million so more businesses can qualify for DFA;
    • expanded eligibility for the farming sector to include homes owned by corporations if the home is used as a primary residence;
    • increased provincial contributions to local infrastructure recovery;
    • the Province may provide a portion of the project’s estimated costs up front to help communities rebuild critical infrastructure projects faster; and
    • a new online portal is available to make it easier for people and communities to apply for financial support for uninsurable losses after a disaster.

    DFA was previously announced for damages from the same event for people, businesses and communities in:

    • City of Port Coquitlam
    • City of Coquitlam
    • City of North Vancouver
    • District of West Vancouver
    • District of North Vancouver
    • Squamish First Nation
    • Village of Anmore
    • City of Port Moody
    • City of Surrey

    Learn More:

    Information, eligibility criteria, categories and applications can be found by calling toll-free 1 888 257-4777 or visiting: https://www.gov.bc.ca/disasterfinancialassistance

    DFA for people, businesses and communities affected by flooding due to the atmospheric river event from Oct. 18-20, 2024: https://news.gov.bc.ca/releases/2024EMCR0047-001600

    DFA extended for people, businesses and communities affected by flooding due to the atmospheric river event from Oct. 18-20, 2024: https://news.gov.bc.ca/releases/2024EMCR0049-001657

    To learn about improvements the Province made to DFA after the November 2021 flooding event, visit: https://news.gov.bc.ca/26713

    A backgrounder follows.

    MIL OSI Canada News

  • MIL-OSI: Diginex announces new AI functionality after winning Government recognition for AI-powered compliance innovation

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, Feb. 13, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex Limited” or the “Company”), a Cayman Islands-based impact technology company specializing in environmental, social, and governance (ESG) issues, today announced the development of new AI functionality which is expected to be built leveraging OpenAI’s platform. The Company anticipates that the deployment of this AI feature will contribute to revenue growth starting in 2025 by enhancing diginexESG‘s value proposition and driving increased customer adoption. The initial focus will be on helping companies comply with sustainability disclosure requirements set by the International Sustainability Standards Board (ISSB) and International Financial Reporting Standards (IFRS), which are increasingly being mandated for companies involved in global ESG reporting. These features will provide rapid data extraction, improved compliance, and enhanced risk assessment for users of the Company’s ESG SaaS reporting product, diginexESG.

    This AI functionality positions diginexESG to capture the growing demand for ESG reporting solutions – a market projected to reach between USD 1.5 billion and USD 4.35 billion by 2027, with an expected CAGR of 15.9% to 30% according to industry research from Verdantix – and is alongside the Company’s recent selection by the Financial Services and the Treasury Bureau (FSTB) of Hong Kong for the Green and Sustainable Fintech PoC program. The FSTB, which oversees financial and treasury policy for the Hong Kong SAR Government, launched this program to support innovative green fintech solutions with measurable environmental and financial impact. This builds on previous recognition where, in December 2023, the Hong Kong Monetary Authority, named Diginex as winner of the “Sustainability or Climate-related Disclosure and Reporting” category.

    The FSTB launched this program to accelerate the development and commercial adoption of green fintech solutions by technology firms and research institutions. “We are thrilled to receive this endorsement and support from FSTB, which underscores the importance of AI technology in addressing significant challenges within the ESG and sustainability industry,” said Mark Blick, Chief Executive Officer of Diginex Limited. “We will be accelerating our efforts to deliver innovative AI-powered functionality that will support companies with their ESG, Climate and Supply Chain data collection and reporting while improving efficiency and customer experience. We plan to collaborate closely with leading global financial institutions to introduce this new feature to their clients.”

    About Diginex Limited

    Diginex Limited is a Cayman Islands exempted company incorporated under the laws of the Cayman Islands in 2024, with subsidiaries located in Hong Kong, United Kingdom and United States of America. Diginex Limited conducts operations through its wholly owned subsidiary Diginex Solutions (HK) Limited, a Hong Kong corporation (“DSL”) and DSL is the sole owner of (i) Diginex Services Limited, a corporation formed in the United Kingdom and (ii) Diginex USA LLC, a limited liability company formed in the State of Delaware. DSL commenced operations in 2020, is headquartered in Hong Kong, and is a software company that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. DSL is an impact technology business that helps organizations to address the some of the most pressing ESG, climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action.

    Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, but not limited to, statements concerning the Company’s product offerings, business strategy, projections and future growth. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Company’s business strategy will be successful. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

    For investor and media inquiries, please contact:

    Diginex
    Investor Relations
    Email:ir@diginex.com

    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    The MIL Network

  • MIL-OSI USA: SBA Opens Additional Recovery Center in Georgia to Assist Small Businesses and Private Nonprofits Affected by Debby and Helene

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) announced the opening of a Business Recovery Center (BRC) in Bulloch County to assist small businesses and private nonprofit (PNP) organizations who sustained economic losses caused by Tropical Storm Debby and Hurricane Helene.

    Beginning Friday, Feb.14, SBA customer service representatives will be on hand at the BRC to answer questions about SBA’s disaster loan program, explain the application process and help individuals complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov. The BRC hours of operation is listed below.

    Business Recovery Center (BRC)

    Bulloch County

    Statesboro-Bulloch County Library

    124 S. Main Street

    Statesboro, GA 30458

    Opening: Friday, Feb. 14, 12 p.m. to 6 p.m.

    Hours:     Monday – Friday, 9 a.m. to 6 p.m.

    Saturday, 9 a.m. to 4 p.m.  

    Closed: Sunday  

    The SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs that suffered financial losses directly related to these disasters. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.  

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amount terms based on each applicant’s financial condition.  

    To apply online and receive additional disaster assistance information visit sba.gov/disaster. Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or send an email to disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadlines to return economic injury applications are June 24, 2025, for Tropical Storm Debby and June 30, 2025, for Hurricane Helene.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI New Zealand: Northland News – $600,000 of Climate Resilient Communities Funding allocated

    Source: Northland Regional Council

    Twenty-two projects around Te Taitokerau are to share $600,000 of Northland Regional Council funding designed to help build climate resilience.
    Council Deputy Chair Tui Shortland says during the council’s Long-Term Plan 2024-2034 consultation, the region’s communities had emphasised the importance they placed on council taking a leading role in helping to build that resilience.
    That had resulted in the council establishing a $600,000 fund to support communities to prepare for the growing effects of climate change and the natural hazard risks our region faces.
    Councillor Shortland says the council had received a huge level of interest from communities across Northland, expressing their ideas and aspirations for a climate resilient future for Te Taitokerau.
    “In this first round we had an overwhelming response, with 96 applications requesting $3.2 million.”
    Councillor Shortland says deciding how to allocate the $600,000 available had been extremely difficult, but 22 projects that met the fund criteria and aimed to build community capacity and strengthen connections to build community resilience would receive a portion of this pūtea.
    “Six of the projects directly focus on building kai resilience for the region.”
    “These include on the ground community-led mahi that aims to educate and empower communities to grow their own kai and projects that identify and strengthen food support networks and develop a strategy for how the region can become self-sufficient in food production and distribution.”
    Four projects supported water supply investigations to future proof water resilience and water tanks in vulnerable communities. “This extends the water resilience mahi NRC previously supported through the Water Resilience Fund which has now been replaced with this Climate Resilient Communities Fund.”
    Three rural marae will receive funding to support the installation of solar panels, improving energy resilience and benefiting the wider community in times of need. Investing in energy security not only keeps the power on when energy infrastructure goes down, but reduces energy costs for our people and importantly helps reduce Te Taitokerau’s greenhouse gas emissions.
    Funding will support four projects that look to nature-based solutions to build resilience to the changing climate, recognising how restoring wetlands, river margins and coastal dune systems can enhance protection from weather events, increase carbon sequestration and support our indigenous biodiversity.
    Three other projects aim to build resilience across multiple impact areas looking holistically at how our resilience could be improved as the climate changes.
    Two planning projects have been funded that will help the respective communities understand how climate change could impact them and to formulate specific plans to reduce these impacts.
    Successful applicants and their projects are:
    • Bream Bay Coastal Care Trust – Bream Bay Coastal Restoration Project ($23,000)
    • Climate Change Taitokerau Northland Trust – Kai Sovereignty Strategy ($20,000)
    • Coastal Restoration Trust of New Zealand- Te Taitokerau branch – Te Taitokerau How to restore dunes video ($30,708)
    • Community Business Environment Centre – Hokinganui a Kai ($40,000)
    • Hokianga Community Educational Trust – He Kete Kai o Hokianga -Future Proofing our Hokianga Food Systems ($36,786.39)
    • Matatina Marae Trust – Matatina Kai Whenua – community garden at marae for self sufficiency ($22,476)
    • Maungarongo Whenua Trust on behalf of Ricco Tito -Taiao Kaitiaki Oranga ō te Waīma ($30,000)
    • Morehu Marae Committee – Water tank replacement at marae ($7127.66)
    • Ngaitupoto Trustees Marae – Solar system ($35,000)
    • Opuawhanga Community Hall Trust – Resilience Network ($10,500)
    • Oromahoe 18R2B2B2 Trust – Te Wai Ora, Te Whenua Ora: Oromahoe Water Feasibility Study ($25,000)
    • Pakanae 5A Trust – Cultural and Nature-Based Resilience Programme ($30,000)
    • Puketawa Marae – Solar Energy for marae resilience ($26,037.49)
    • Roma Marae – Te Ngao ki te Marae o Roma (Energy Resilience at Roma Marae) ($25,000)
    • Rural Support Trust Northland – Rural Support Climate Resilience ($40,000)
    • Te Hapua Sports and Recreation Club – Water Resilience ($6956.52)
    • Te Kōhanga Reo O Manaakitia – Kia manawaroa Te Kōhanga Reo o Manaakitia ($7200)
    • Te Maire Whanau Trust – Whānau-Led Fruit Orchard Development ($30,000)
    • Te Paatu ki Kauhanga Trust Board – Kāmehameha ($40,000)
    • Te Pokapu Tiaki Taiao O Te Tai Tokerau Trust -Tuituia Te Kahunuku & Food Resiliency ($32,325)
    • Te Runanga o Ngati Hine Trust – Tanks a lot ($40,000)
    • Whakapara Marae Trust – Te Taiao o nga Waipukehia” The environment of the flooded waters ($30,000) .

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Insurance Sector – Insurance industry report into the North Island weather events released

    Source: Insurance Council of NZ

    A report into the insurance industry’s response into New Zealand’s largest ever weather events has set out a number of actions to improve responses to future events.
    The North Island Weather Events: The Insurance Industry response by the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) examined insurers performance of claims related to the Auckland Anniversary Weekend floods and Cyclone Gabrielle in early 2023.
    “The loss and devastation on families and communities was severe and the insurance industry has worked hard to settle claims and get people back on their feet as quickly as possible,” ICNZ Chief Executive Kris Faafoi said.
    The North Island weather events resulted in more than 118,000 claims at an estimated value of $3.8 billion.
    Despite the scale and complexity of the weather events, 91% of claims were resolved in 12 months, a rate of progress that surpassed previous major disasters. Within 16 months, 96% were settled.
    “The industry response reflects the many people who worked hard every day to help assess and resolve claims and provide certainty for customers, including the additional 1,000 plus staff brought in to help deal with the surge in claims.
    “We recognise that some of those affected are still dealing with the impact of these events. The industry is continually looking to improve its response and help customers recover.
    “Some of the issues identified are being addressed by insurers. These include refining event response plans, investing in digital tools to manage the claims process more effectively, and improving communications with customers and support for vulnerable customers.
    “The lessons learnt from previous major events were a significant factor in the industry’s preparedness and response to the North Island weather events. However, each event is unique, and it takes time for insurers to fully scale up in response to a surge in claims while also supporting their everyday operations.
    “The report identifies a number of external factors that had an impact on claims, such as the need for better data sharing among Emergency Management agencies and councils, timely assessments for stickered properties, and access to skilled labour to assess land claims.
    “The industry is working closely with the Natural Hazards Commission to identify new approaches to make land claims processes more effective for customers.
    “We are also fostering closer relationships with Emergency Management authorities so our sector can get access to information about the scale and impact of events as early as possible to ensure a faster and effective response and recovery.
    “More broadly, the insurance sector has called for a cross-sector recovery framework to enhance coordination and improve the response and recovery to natural disasters.
    “Insurers have also consistently emphasised the importance of a collective approach to address climate change risks. By supporting climate adaptation – such as avoiding building in dumb places and investing in public infrastructure – we can better prepare New Zealand for future natural disasters,” Kris Faafoi said.

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Cold Storage and Supply Chain Infrastructure Under PMKSY

    Source: Government of India (2)

    Posted On: 13 FEB 2025 6:13PM by PIB Delhi

    The Ministry of Food Processing Industries (MoFPI) has been implementing Central Sector Umbrella Scheme – PMKSY since 2016-17 to create post-harvest infrastructure and processing facilities to boost the overall development of the food processing sector including reduction in post-harvest losses. The component schemes under PMKSY provide credit linked financial assistance (capital subsidy) in the form of grants-in-aid to entrepreneurs for setting up of food processing/preservation infrastructure which, inter-alia, includes cold storages and refrigerated vehicles to minimize post-harvest losses.

    The Ministry of Food Processing Industries has been implementing schemes to boost food processing industries through infrastructure creation, grant of sales based incentives, capacity expansion, and other supporting measures. Under component schemes of PMKSY, as per the Scheme guidelines, consent to operate (CTO) issued by the concerned state Pollution board/Agency in respect of Water and Air, is mandatory for release of instalment of Grant-In-Aid/Subsidy to the approved projects. Further, Project Implementation Agency (PIA) has to comply with the requirements of Cold Chain infrastructure as per the directions of Ministry of Environment, Forest & Climate change, Government of India with respect to use of Non-ODS (Non- Ozone depleting Substances) and low GWP (Low Global Warming Potential) refrigerants-based energy efficient cooling systems.  

    Under PMKSY component schemes, assistance can also be availed for Renewable/alternate energy technologies (solar, bio-mass, wind, etc.) for the project (Max. eligible permissible cost is Rs. 35 Lakh per project). Eligible entities from across the country may apply and avail the benefits.

    National Institute of Food Technology, Entrepreneurship & Management -Thanjavur under Ministry of Food Processing Industries (MoFPI) has made efforts to promote and develop sustainable packaging technology through development of biodegradable plastics, safe and environmental friendly packaging solutions from biopolymers such as poly lactic acid (PLA), starch, nano fibres etc

    The Ministry of Food Processing Industries through implementation of PMKSY, helps in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet across the country. The scheme not only provide a boost to the growth of food processing sector in the country but also helps in, interalia, reducing wastage of agricultural produce, increasing the processing level and enhancing the export of the processed foods.

    MoFPI is also implementing a Centrally Sponsored Scheme- PM Formalisation of Micro Food Processing Enterprises Scheme (PMFME) for providing technical, financial and business support for setting up/upgradation of 2 lakh Micro Food Processing Enterprises. Production Linked Incentive (PLI) scheme has been launched by MoFPI for the period 2021-22 to 2026-27 to create global food champions and improving the visibility of Indian food brands abroad.

    Besides above, the allied Ministries/Departments and their Agencies such as Ministry of Agriculture and Farmers Welfare, Ministry of Fisheries, Animal Husbandry and Dairying, APEDA, MPEDA, etc. also extend enabling support through their respective schemes like Mission for Integrated Development of Horticulture, Agriculture Export Promotion Plan Scheme, National Agriculture Infra Financing Facility, etc.

    Steps to help the agri-products and the processed foods export sector include inter- alia financial assistance to exporters by Agricultural and Processed Food Products Export Development Authority (APEDA) under the Scheme of quality control, setting up of in house quality control laboratory and implementation of Hazard Analysis and Critical Control Points (HACCP) in processing units, conducting awareness programme on quality assurance and quality management system and training programme on food safety norms, developing packaging for export of various food products and setting up of agri export zones in geographically contiguous areas in different states. In addition. Ministry of Food Processing Industries, under its Plan Scheme, also provides financial assistance to food processing industries for implementation of total quality management including ISO 9000, HACCP etc. and to establish Quality Control Laboratories in the Country

    This information was given by the Minister of State for Food Processing Industries Shri Ravneet Singh in a written reply in Lok Sabha today.

    ***

    STK

    (Release ID: 2102852) Visitor Counter : 39

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Public Invited to Appeal or Comment on Flood Maps in Freestone County, Texas

    Source: US Federal Emergency Management Agency

    Headline: Public Invited to Appeal or Comment on Flood Maps in Freestone County, Texas

    Public Invited to Appeal or Comment on Flood Maps in Freestone County, Texas

    DENTON, Texas – Preliminary flood risk information and updated Flood Insurance Rate Maps (FIRMs) are available for review in Freestone County, Texas. Residents and business owners are encouraged to review the latest information to learn about local flood risks and potential future flood insurance requirements.The updated maps were produced in coordination with local, state and FEMA officials. Significant community review of the maps has already taken place, but before the maps become final, community residents can identify any concerns or questions about the information provided and participate in the 90-day appeal and comment periods.The 90-day appeal and comment period will begin on or around Feb. 13, 2025. Appeals and comments may be submitted through May 14, 2025, for:The cities of Fairfield, Oakwood, Streetman and Teague; the towns of Kirvin and Wortham; and the unincorporated areas of Freestone County.Residents may submit an appeal if they consider modeling or data used to create the map to be technically or scientifically incorrect. An appeal must include technical information, such as hydraulic or hydrologic data, to support the claim. Appeals cannot be based on the effects of proposed projects or projects started after the study is in progress.If property owners see incorrect information that does not change the flood hazard information — such as a missing or misspelled road name in the Special Flood Hazard Area or an incorrect corporate boundary — they can submit a written comment.The next step in the mapping process is to resolve all comments and appeals. Once these are resolved, FEMA will notify communities of the effective date of the final maps.To review the preliminary maps or submit appeals and comments, visit your local floodplain administrator (FPA). A FEMA Map Specialist can identify your community FPA. Specialists are available by telephone at 877-FEMA-MAP (877-336-2627) or by email at FEMA-FMIX@fema.dhs.gov.The preliminary maps may also be viewed online:The Flood Map Changes Viewer at http://msc.fema.gov/fmcv FEMA Map Service Center at http://msc.fema.gov/portalThe Base Level Engineering-to-FIRM Viewer at https://webapps.usgs.gov/fema/ble_firmFor more information about the flood maps:Use a live chat service about flood maps at floodmaps.fema.gov/fhm/fmx_main.html (just click on the “Live Chat Open” icon).Contact a FEMA Map Specialist by telephone at 877-FEMA-MAP (877-336-2627) or by email at FEMA-FMIX@fema.dhs.gov.There are cost-saving options available for those newly mapped into a high-risk flood zone. Learn more about your flood insurance options by talking with your insurance agent or visiting floodsmart.gov.
    alexa.brown
    Thu, 02/13/2025 – 17:46

    MIL OSI USA News

  • MIL-OSI USA: Disaster Recovery Center in Richmond County Closing; Reopening at New Location

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center in Richmond County Closing; Reopening at New Location

    Disaster Recovery Center in Richmond County Closing; Reopening at New Location

    The Disaster Recovery Center (DRC) in Richmond County will close at its current location at 6 p.m. Friday, Feb. 14. It will reopen at 8 a.m., Tuesday, Feb. 18, and close at 5:30 p.m., Friday, Feb. 28, at a new location.Richmond County DRC (current location)Hub for Community Innovation631 Chafee AvenueAugusta, GA 30904Richmond County DRC (new location)Diamond Lakes Branch Library101 Diamond Lakes WayHephzibah, GA 30815Hours: 8 a.m. to 5:30 p.m. Monday through Friday; closed Saturday and Sunday.All other Disaster Recovery Centers are now closed permanently. However, survivors can meet with FEMA representatives at the U.S. Small Business Administration (SBA) Business Recovery Centers (BRCs) in Jeff Davis and Bulloch counties at these locations:Jeff Davis CountyJeff Davis County Recreation Department (beginning Feb. 13)83 Buford RdHazlehurst, GA 31539Hours: 9 a.m. to 6 p.m. Monday–Friday; 9 a.m. to 4 p.m. Saturday; closed Sunday.Bulloch County Statesboro-Bulloch County Library (beginning Feb. 18)124 S. Main St.Statesboro, GA 30458Hours: 9 a.m. to 6 p.m. Monday–Friday; 9 a.m. to 4 p.m. Saturday; closed Sunday.The Feb. 7 deadline for Georgia survivors of Tropical Storm Debby (Aug. 4–20) and Hurricane Helene (Sept. 24–Oct. 30) in the 63 counties designated for Individual Assistance to apply for FEMA disaster assistance has now passed. To check on the status of your application, go to DisasterAssistance.gov. You may also use the FEMA App for mobile devices or call toll-free 800-621-3362. The telephone line is open every day and help is available in most languages. You can also contact the Georgia Call Center at 678-547-2861 for assistance with your application or visit an SBA Business Recovery Center or Business Resource Assessment Center.
    jakia.randolph
    Thu, 02/13/2025 – 13:18

    MIL OSI USA News

  • MIL-OSI Economics: Financing the transition to greenhouse gas neutrality: how much and with which instruments? | Remarks at the Adam Smith Business School University of Glasgow

    Source: Bundesbank

    Check against delivery.

    1 Introduction

    Ladies and gentlemen, 

    I am delighted to be here with you today. What better place than Glasgow to discuss the economic impacts of climate change and the green transition! And not just because it played host to the 2021 United Nations Climate Change Conference.

    Glasgow is also where Adam Smith, the father of modern economics, studied and taught as a professor. Have you ever wondered what he would have thought of climate change? As a famed free-market economist, he might not be the first person you would think of. But even Adam Smith acknowledged that the invisible hand can sometimes lead to suboptimal outcomes.

    Climate change is a prime example of this: market prices do not reflect the negative side effects of greenhouse gas emissions. Fortunately, it is now widely acknowledged that governments need to intervene and encourage individuals and companies to reduce their emissions. 

    Switching to a net-zero emissions economy is a major task. It requires changes in behaviour, innovation and significant investment to rebuild our capital stock. And this transition requires significant financing. 

    In my speech, I will explore what financing the transition to a greenhouse gas-neutral economy could look like. More specifically, I will focus on two key issues. First, how much investment is needed to achieve greenhouse gas neutrality, and how much of this investment is “additional”? Second, what could the financing mix to fund this investment look like?

    I know that answering these questions seems like a tough challenge – a taughy fleece tae scoor. But I will do my best to illustrate my points with clear, practical examples. Along the way, I will discuss electric cars and heating systems to help us understand the issues. 

    My remarks will focus on the European Union (EU), borrowing some detailed insights from Germany. Unfortunately, these data do not cover the United Kingdom (UK). But I will do my best to infer some insights for the UK as well.

    2 How much needs to be invested?

    Let me start with the question of how much the EU needs to invest to achieve greenhouse gas neutrality. The EU’s Fit for 55 package aims to reduce greenhouse gas emissions by at least 55 per cent by 2030. These reductions are benchmarked against 1990 emission levels. This is an intermediate step towards full greenhouse gas neutrality, for which the EU still needs to pass legislation.

    From 2021 to 2030, the European Commission estimates that EU countries need to invest over €1.2 trillion annually.[1] This amounts to nearly 8 per cent of the EU’s GDP. The private sector must take on the bulk of these investments. The investment needs are significantly more than the actual annual investment of €760 billion in the previous decade. 

    The European Commission defines the difference between the investment required and the actual investment as the “additional” investment need. This additional investment need amounts to €480 billion, or around 3 per cent of GDP.

    This definition of “additional” investment is very useful from an accounting perspective. It gives a clear picture of how much more the EU needs to invest to meet its climate goals. However, from a financing perspective, it helps to define additional investment differently.

    There are two types of investment needed to achieve greenhouse gas neutrality. The first type is investment that would not happen without the goal of reducing greenhouse gas emissions. A prime example of this type of investment is technology to capture and store carbon dioxide. This technology will play a crucial role in sectors that are difficult to decarbonise. These investments need economic resources and financing beyond what an economy spends just to maintain its capital stock.

    The second type is investment where a greenhouse gas-neutral alternative replaces a fossil fuel-based technology. To illustrate this point, imagine two households buying a new car. The Jones family spend €45,000 on a new combustion engine car. From a technical perspective, the Jones family are making a replacement investment. No additional financing is needed. Meanwhile, the Smith family decide to switch from a combustion engine car to an electric vehicle. Let us say a comparable electric car costs €50,000. Of this amount, €45,000 is a replacement investment. Only the remaining €5,000 requires additional financing.

    Contrast this with how the European Commission defines additional investment: They subtract the annual average value of electric cars bought in the past from the value of electric vehicles needed to meet the EU’s intermediate greenhouse gas reduction goals. Past registrations of electric vehicles fell significantly short of what is needed. Accordingly, the additional investments, as defined by the European Commission’s accounting perspective, are presumably much higher than the additional financing needs. 

    How great could the additional financing needs be? While we do not yet have specific figures for the EU, there are some numbers for Germany. A recent study estimates that Germany needs to invest around €390 billion annually from 2021 to 2030 to reduce emissions by 65 per cent compared to 1990.[2] They measure this absolute sum in 2020 prices. Relative to GDP, the investment amounts to 11 per cent. 

    This is fairly close to the 8 per cent investment needs calculated by the European Commission for the EU.[3] However, only around 30 per cent of this investment requires additional financing. In absolute terms, this amounts to about €120 billion. 

    Let me pause for a moment to summarise the two key takeaways from my remarks so far. First, the transition to greenhouse gas neutrality calls for significant investment. However, in many cases, we are replacing fossil-based technologies with greenhouse gas-neutral alternatives. Accordingly, the additional financing needs are much smaller and seem manageable.

    Second, we can minimise the additional financing needs by replacing already largely depreciated capital stock. By contrast, replacing relatively new capital stock that has barely depreciated would increase the economic and financial costs. Let me illustrate this point with a brief anecdote. 

    On 1 January 2024, the German government introduced a new law governing heating systems. In German, it is known by the beautiful name “Gebäudeenergiegesetz”. This law mandates that heating systems use around two-thirds renewable energy. In anticipation of this new law, many households replaced their old gas heating systems with new ones. These heating systems can run for around 25 years, so they depreciate over a long period. 

    Bad luck if you just installed a new gas heating system and live in the German city of Mannheim. Here, the local gas provider has said it intends to stop its services in 2035. This means that a long-term investment will become unviable when little more than half of it has depreciated: A waste of both financial and economic resources.

    This anecdote highlights one key point: to avoid wasting money, we need a clear and reliable path to greenhouse gas neutrality. With a clear path mapped out, people can confidently invest in the transition. 

    3 What could the financing mix look like?

    Now, let us explore what the potential financing mix could look like. To achieve a greenhouse gas-neutral economy, households, firms and the public sector all need to invest. They can fund these investments using both internal and external sources.

    As the name would suggest, internal financing comes from within. Like the Smith family putting aside some of their income to pay for their new car. Or think of a firm that sells its products and saves some of the profits. That is internal financing, too. External financing, on the other hand, comes from outside sources such as banks or investors. 

    Regarding their financing mix, households, non-financial firms and the public sector differ considerably. Households tend to save significantly and mainly use bank loans as a source of external finance. The public sector, on the other hand, raises most of its funds from external sources by issuing debt securities. Only firms have a more diversified financing mix. Equity and bank loans play prominent roles here. Note that these observations hold for the EU, the UK and Germany alike. 

    So, what might the financing mix for the transition to a greenhouse gas-neutral economy look like? To estimate these figures, we need two key components: First, the respective shares of households, firms and the public sector in total investment. According to rough estimates by Bundesbank staff for Germany, households might have to cover about one-third of the investment, the public sector around 20 per cent, and firms just under half.[4]

    Second, estimates for the future financing structure of the sectors. We assume that future financing structures will remain unchanged from today.[5] This implies that past financing structures are suitable for future climate investment. If this were not the case, perhaps due to the need for innovative financing instruments, the financing structure may differ. 

    What result do we get when we combine the two components? For Germany, we estimate that about 20 per cent of the financing mix could come from internal financing, primarily household savings. In terms of external financing, bank loans might play the largest role. They account for over one-quarter of the estimated financing mix. Households in particular obtain almost all their external financing from banks.

    The second-largest external financing source could be debt securities, accounting for around 20 per cent. The public sector plays a prominent role here, with funding coming almost exclusively from bonds. Finally, the third-largest external financing source could be equity financing, comprising around one-sixth. Firms are the only users of this financing source, as households and the public sector do not issue equity. Different instruments, like loans from non-bank financial intermediaries, might cover the final sixth of the overall investment needs. 

    So, what does this mean for the EU and the UK? Can the findings for Germany be generalised? Fortunately, the financing structures of households, firms and governments are largely comparable across these regions.[6] Therefore, one of the two components in the calculations is roughly equal.

    The second component – the sectoral investment needs – is less certain. I am not aware of any studies for the EU or the UK that divide the investment needs across households, firms and the public sector.[7] Without a better alternative, the findings for Germany may provide a reasonable initial estimate for both the EU and the UK.

    4 Concluding remarks

    Let me summarise and conclude. I have three main takeaways to share.

    First, “additional” investment needs to become greenhouse gas-neutral can also be defined from a financing perspective. In many cases, we are replacing fossil fuel-based technologies with greenhouse gas-neutral alternatives. And this requires additional financing only if greenhouse gas-neutral technologies are more expensive or if the capital stock being replaced is not yet fully depreciated. The additional financing needs are significantly smaller than the total investment required. Accordingly, I am confident that our financial system can mobilise the necessary financing. 

    Second, banks may play a larger role in financing the climate transition than is commonly anticipated. The main reason for this conclusion is that a substantial portion of climate investments falls on households. They need to make their homes more energy-efficient and replace fossil-fuelled heating systems with greenhouse gas-neutral alternatives. And households simply do not have many viable alternatives to bank loans.

    Accordingly, a robust banking system is essential for achieving greenhouse gas neutrality. That is why we at the Bundesbank are committed to completing the European banking union. However, we also need to improve access to alternative financing sources. Non-financial firms, in particular, would greatly benefit from better capital market financing. That is why we at the Bundesbank are dedicated to creating a European capital markets union. 

    Third, legislators can minimise the additional financing needs by ensuring that the path to greenhouse gas neutrality is planned stringently and for the long term. Why? Because it provides incentives to avoid investments in fossil fuel technologies that may not be fully depreciated before they become non-viable. 

    Footnotes: 

    1. See European Commission (2023), Investment needs assessment and funding availabilities to strengthen EU’s Net-Zero technology manufacturing capacity, SWD (2023) 68 final. 
    2. Kemmler et al. (2024), Klimaschutzinvestitionen für die Transformation des Energiesystems, Prognos. This study is only available in German.
    3. One reason why Germany’s investment needs relative to GDP are higher than the EU’s is that Germany intends to achieve greenhouse gas neutrality sooner (in 2045 rather than 2050).
    4. The estimates are based on the public sector shares provided in Brand and Römer (2022), Öffentliche Investitionsbedarfe zur Erreichung der Klimaneutralität in Deutschland, KfW Research – Fokus Volkswirtschaft, Nr. 395 and various plausibility assumptions. The analysis assumes that the public sector’s involvement in industry and the residential investment sector is minimal or non-existent. This is because the analysis looks at financing flows before any government support, such as subsidies.
    5. More precisely, the financing structure is derived from the average internal and external financing flows over the period 2018 to 2022. This averaging smooths out short-term fluctuations and centres on the reference year of 2020 used in the Kemmler et al (2024) study. Internal financing enters the calculation on a net basis, assuming that the depreciation inflows finance the replacement investments.
    6. In the EU and UK, households rely slightly less on bank loans than in Germany, but the share is still high. In the public sector, Germany has a significantly higher share of debt security financing, particularly compared to the EU. In the UK, non-financial firms have a significantly lower share of equity financing and a higher share of (bank) loans compared to Germany. In contrast, in the EU, non-financial firms have a slightly higher share of equity financing and a smaller share of (bank) loans compared to Germany. All figures are based on average financial flows from 2018 to 2022.
    7. European Commission, op. cit., estimates that, in the EU, the public sector could account for 17 to 20 per cent of total investment. However, it does not clarify how this investment will be split between households and firms. For the UK, HM Government (2023), Mobilising Green Investment – 2023 Green Finance Strategy, mentions that most investment must come from the private sector. However, it likewise does not provide any details on how this investment will be split between households and firms.

    MIL OSI Economics

  • MIL-OSI USA: Cassidy, Booker Introduce Legislation to Combat Skyrocketing Flood Insurance Premiums, Give Americans Relief

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy
    WASHINGTON – U.S. Senators Bill Cassidy, M.D. (R-LA) and Cory Booker (D-NJ) introduced the Flood Insurance Affordability Tax Credit Act to give low- and middle-income households enrolled in the National Flood Insurance Program (NFIP) a 33 percent refundable tax credit to combat rising flood insurance premiums. FEMA’s risk assessment program, Risk Rating 2.0, has caused flood insurance premiums to skyrocket, leaving many Americans vulnerable, including thousands of Louisianans who have been forced to drop their policies.
    “While we work to fix the broken National Flood Insurance Program, this tax credit provides relief to current policyholders struggling with skyrocketing premiums. It also provides a path for others to re-enroll in the program,” said Dr. Cassidy. “We must give Americans the ability to protect their families and homes.” 
    “Flood insurance is a critical safety net for families, but costs are going up and it’s harder and harder to afford,” said Senator Booker. “This bipartisan legislation will provide much needed relief by offering a tax credit to help people across the nation, particularly in New Jersey, who are struggling to keep up with rising flood insurance premiums. Protecting your family and your home shouldn’t be a luxury, and this bill is an important step toward making flood insurance more affordable for all Americans.”
    The Flood Insurance Affordability Tax Credit Act will also direct the U.S. Treasury Secretary to establish a program where premiums can be paid in advance on behalf of taxpayers when premiums are due, benefitting families when they need it most. 
    Background
    In 2024, Cassidy has delivered a series of speeches on the U.S. Senate floor calling for action on NFIP. Most recently, he highlighted the need for the Flood Insurance Affordability Tax Credit on the Senate floor. 
    In October 2024, Cassidy released a report outlining the current state of the NFIP and the issues that have led to skyrocketing premiums for millions of homeowners.
    In January 2024, the U.S. Senate Banking Committee held a hearing on NFIP at the request of Cassidy. The hearing highlighted the urgent need for Congress to act and featured a Louisiana witness. Cassidy also participated in a roundtable hosted by GNO, Inc. and the Coalition for Sustainable Flood Insurance before introducing the bill to hear from community leaders and advocates on the issue.
    Cassidy traveled St. Bernard Parish in 2023 to talk with residents about their flood insurance premiums, recording the second episode of his series Bill on the Hill.

    MIL OSI USA News

  • MIL-OSI Europe: France: BNP Paribas signs an agreement with the EIB to generate up to €8 billion in wind energy investments

    Source: European Investment Bank

    • Co-signed initiative to spur funding for wind energy sector in the European Union, supporting transition to net zero and boosting innovation of Europe’s renewable energy manufacturers
    • Up to €8 billion of new wind energy investments in real economy thanks to leverage effect of EIB counter-guarantee and BNP Paribas’ portfolio of bank guarantees
    • This deal between EIB and BNP Paribas is part of the EIB’s contribution to the European Wind Power Package. The operation is backed by InvestEU, the EU programme aiming to mobilise investment of more than €372 billion by 2027.

    BNP Paribas has signed an agreement with the European Investment Bank (EIB) that will stimulate up to €8 billion of funding for wind energy projects across the European Union. This initiative will unlock key investments to support new wind farm projects, supply chain efficiency and improved grid interconnections, therefore accelerating wind energy development and ultimately increasing production.

    Under the agreement, the EIB has extended a €500 million counter-guarantee, enabling BNP Paribas, to establish a €1 billion portfolio of bank guarantees designed to back new investments in wind farms in the EU. The leverage effect of such a counter-guarantee is expected to spur up to €8 billion of investments in the real economy.

    The agreement falls under a €5 billion initiative announced by the EIB in support of the European Wind Power Package presented by the European Commission in October 2023. The initiative aims at accelerating wind energy deployment and strengthening the competitiveness of Europe’s wind industry. The programme aims to support the production of 32 GW of the 117 GW of wind capacity needed to enable the European Union to meet its goal of generating at least 45% of its energy from renewable sources by 2030.This transaction is part of BNP Paribas’ long-standing commitment to supporting the energy transition by directing its financing towards low-carbon energy, which will account for at least 90% of the bank’s energy production financing by 2030.

    Supporting renewable energy is key to European energy independence, says EIB Vice-President Ambroise Fayolle“Guarantees, like the ones EIB provides through this new financial instrument, contribute to enable the funding of essential projects that drive the green transition, support the decarbonization of the European economy, and strengthen industrial competitiveness.

    “BNP Paribas is pleased to reinforce our historic relationship with the European Investment Bank, this time to support the continent’s growing wind energy sector,” says Alain Papiasse, Chairman of Corporate and Institutional Banking at BNP Paribas “This partnership reflects our mutual commitment to advancing sustainable energy projects that strengthen the continent’s economy while reducing its carbon footprint. By uniting our expertise and resources with the EIB’s pivotal support, we hope to help drive lasting, positive projects for communities, businesses and the environment.

    Yannick Jung, Head of Global Banking at BNP Paribas stated “We see the EIB’s invaluable support in this partnership as a way of accelerating our ongoing strategy to facilitate the transition to a Low Carbon Economic Model. By supporting European Corporates along the Wind Value Chain, we believe our collective efforts will inspire innovation, foster sustainability and pave the way for a more robust Europe”.

    Background information

    About the EIB

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. It finances investments that contribute to EU policy objectives by bolstering digitalisation and technological innovation, security and defence, agriculture and bioeconomy, social infrastructure, high-impact investments outside the EU, and the Capital Markets Union.   

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 projects in 2024. These commitments are expected to mobilise around €350 billion in investment, supporting 400 000 companies and 5.8 million jobs.   

    All projects financed by the EIB Group are in line with the Paris Climate Accord and the EIB Group does not fund investments in fossil fuels. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.   

    In 2024, France was the largest recipient of EIB Group financing, with total investment of €12.6 billion. Two-thirds of this financing went to projects contributing to the fight against global warming and adaptation to its effects.

    About BNP Paribas

    BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 63 countries and has nearly 183,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

    About InvestEU and the wind power package

    The InvestEU programme provides the European Union with long-term funding by leveraging substantial private and public funds in support of a sustainable recovery. It also helps mobilise private investment for the European Union’s strategic priorities such as the European Green Deal and the digital transition. InvestEU brings all EU financial instruments previously available for supporting investments within the European Union together under one roof, making funding for investment projects in Europe simpler, more efficient and more flexible. The programme consists of three components: the InvestEU Fund, the InvestEU Advisory Hub, and the InvestEU Portal. The InvestEU Fund is deployed through implementing partners that will invest in projects using the EU budget guarantee of €26.2 billion. The entire budget guarantee will back the investment projects of the implementing partners, increase their risk-bearing capacity and thus mobilise at least €372 billion in additional investment.

    The European Commission presented the European Wind Power Package in October 2023 to tackle the unique set of challenges faced by the wind sector, including insufficient and uncertain demand, slow and complex permitting, lack of access to raw materials and high inflation and commodity prices, among others. In a specific Action Plan, the Commission set out a set of initiatives concerning permitting, auction design, skills and access to finance to ensure that the clean energy transition goes hand-in-hand with industrial competitiveness and that wind power continues to be a European success story. As part of this plan, in July 2024, the European Investment Bank (EIB) activated a €5 billion initiative to support manufacturers of wind-energy equipment in Europe.

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Potential threats to the Tagliamento River’s ecosystem – E-000543/2025

    Source: European Parliament

    Question for written answer  E-000543/2025
    to the Commission
    Rule 144
    Cristina Guarda (Verts/ALE)

    The Friuli-Venezia Giulia Region recently approved[1] a preliminary policy paper concerning the project to form an inline flood retention basin by building an inline weir with vertical sluice gates upstream of the Dignano bridge [‘Costruzione di una traversa laminante, con luci mobili a paratoie piane, adiacente al ponte di Dignano per la creazione di un bacino di espansione in linea, in alveo attivo’][2].

    As part of an appeal to preserve the River Tagliamento, the international scientific community[3] has highlighted that the planned works would violate a number of European regulations and EU environmental directives[4] and that the weir would be built on a Site of Community Importance[5] and across a river that is classified under Directive 2000/60/EC as a body of water of high ecological status[6]. Further shortcomings have been flagged by the Italian Institute for Environmental Protection and Research (ISPRA) and a number of associations[7] and activist groups[8].

    Because climate change is a factor, the effective mitigation of hydrogeological risks requires an exhaustive analysis of all alternative proposals which, in addition to actively involving local communities, should also evaluate all potential benefits and drawbacks, not just flood risk.

    Despite claims to the contrary, the Region’s project would not eliminate the flood risk in the Middle and Lower Tagliamento but only mitigate it, thus putting the planned works on a par with a number of alternative proposals that have not been given due consideration.

    In the light of the above,

    • 1.Will the Commission verify whether the Friuli-Venezia Giulia Region’s project complies with EU law?
    • 2.What is the Commission planning to do to protect the Tagliamento?

    Submitted: 5.2.2025

    • [1] Decision No 530 of 11 April 2024 of the Friuli-Venezia Giulia Region.
    • [2] The works will be carried out as part of the Eastern Alps River Basin Authority’s Flood Risk Management Plan.
    • [3] Coordinated by the Italian Centre for River Restoration (CIRF), this appeal was signed by over 800 researchers hailing from 35 countries https://www.freetagliamento.org/wp-content/uploads/2025/01/Tagliamento_petition_26Oct24_EN_rev.pdf
    • [4] They include the Water, Birds and Habitat Directives (Directives 2000/60/EC, 2009/147/EC and 92/43/EEC respectively), the Nature Restoration Law and the Alpine Convention.
    • [5] Greto del Tagliamento SPA/SAC No IT3310007
    • [6] https://distrettoalpiorientali.it/wp-content/uploads/2023/02/PDG_22_27_Vol_4a.pdf.
    • [7] They include ‘Assieme per il Tagliamento’ [‘All together for the Tagliamento’], whose petition against altering the river’s morphology has gathered 13 750 signatures.
    • [8] https://www.consiglio.regione.fvg.it/pagineinterne/Portale/comunicatiStampaDettaglio.aspx?ID=867391.
    Last updated: 13 February 2025

    MIL OSI Europe News

  • MIL-OSI Asia-Pac: Union Minister Dr. Jitendra Singh Highlights in Rajya Sabha India’s robust disaster preparedness including earthquake preparedness as well as disaster management strategies

    Source: Government of India

    Union Minister Dr. Jitendra Singh Highlights in Rajya Sabha India’s robust disaster preparedness including earthquake preparedness as well as disaster management strategies

    Gujarat Disaster Management Committee was the first of its kind to be established when Sh Narendra Modi was the Chief Minister and subsequently, inspired by this, in 2005, the National Disaster Management Committee came into existence

    Posted On: 13 FEB 2025 7:47PM by PIB Delhi

    Union Minister Dr. Jitendra Singh, while responding to questions in the Rajya Sabha, outlined India’s robust disaster preparedness including earthquake preparedness as well as disaster management strategies. He emphasized the significant progress made over the years in strengthening the nation’s resilience to seismic activities, particularly in high-risk regions like Gujarat, Uttarakhand, and the Himalayan belt.

    Dr. Jitendra Singh highlighted that following the Gujarat earthquakes, the Gujarat Disaster Management Committee was the first of its kind to be established when Sh Narendra Modi was the Chief Minister and subsequently, inspired by this, in 2005, the National Disaster Management Committee came into existence. The Institute of Seismological Research was first established in Gujarat by Narendra Modi as CM and later as PM he also set up the National Centre of Seismology, reinforcing the country’s scientific approach towards earthquake preparedness.

    The Minister informed the House that in the last decade, seismic observatories have increased significantly. In 2014, there were only 80 observatories, whereas today, their number has grown to 168. This expansion surpasses the progress made in the previous 70 years, ensuring better monitoring and response capabilities.

    In earthquake-prone areas like Kutch, Bhuj, Uttarakhand, and the Himalayan belt, significant preventive measures have been adopted. Dr. Jitendra Singh recalled that in 2016, Prime Minister Narendra Modi proposed a 10-point agenda for disaster risk reduction, aligning with the Vision Document 2047, which envisions an earthquake-resilient India. Regular mock exercises are conducted as part of the preventive strategy.

    Retrofitting of structures has been a major focus post-Bhuj and Kutch earthquakes. Recognizing that nearly 59-60% of India’s geographical area is prone to earthquakes, building code compliance has been strictly enforced. Old buildings are being retrofitted and strengthened to withstand seismic events. Notably, AIIMS New Delhi and Bhuj hospitals were among the first institutions included in the restructuring plan. Moving forward, schools and other sensitive infrastructure will also be integrated into the retrofitting initiative. Financial grants have been sanctioned to support these efforts.

    For the Himalayan region, which is highly vulnerable to earthquakes, early warning systems and a well-defined disaster response framework have been established. Public awareness campaigns have also been a priority. Dr. Jitendra Singh mentioned initiatives such as ‘Aapda Ka Samna’ on Doordarshan, mock drills, and the ‘Homeowners Guide for Earthquake and Cyclone Safety,’ which provides citizens with essential safety measures. Additionally, in 2021, simplified earthquake safety guidelines were introduced, offering comprehensive specifications for statistical and building infrastructure safety under the Building Code of India.

    Regarding Northeast India’s earthquake preparedness, Dr. Jitendra Singh affirmed that it remains a top priority. Several observatories have been installed to monitor seismic activities of magnitude 3.0 and above. Over the past few years, special attention has been given to strengthening disaster resilience in the region. He also underscored that most of the missions and schemes launched in the first 100 days of the Modi Government 3.0 either focus on the Northeast or emphasize technological advancements. Notable initiatives include ‘Mission Mausam’ under the Ministry of Earth Sciences, a semiconductor development mission, and a ₹1,000 crore allocation for space startups. The Minister also noted that Prime Minister Modi has visited the Northeast nearly 70 times in the last decade, demonstrating the government’s commitment to the region’s development.

    Addressing the issue of infrastructure insurance against earthquake-induced damage, Dr. Jitendra Singh informed the Rajya Sabha about the ‘Risk Transfer Mechanism’. This mechanism assesses disaster-related damages and ensures the provision of insurance coverage. He stressed that comprehensive guidelines have been established, and it is the responsibility of relevant agencies to ensure strict adherence to these protocols.

    The Minister reiterated the government’s commitment to enhancing disaster preparedness and resilience across India, leveraging advanced technology, public awareness, and proactive policy measures to mitigate earthquake risks effectively.

    *****

    NKR/PSM

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    MIL OSI Asia Pacific News

  • MIL-OSI USA: Joseph Hiatt Named First Superintendent of Yellow Mountain State Natural Area

    Source: US State of North Carolina

    Headline: Joseph Hiatt Named First Superintendent of Yellow Mountain State Natural Area

    Joseph Hiatt Named First Superintendent of Yellow Mountain State Natural Area
    jejohnson6

    Joseph Hiatt has been promoted to park superintendent of Yellow Mountain State Natural Area in Avery and Mitchell counties, the N.C. Division of Parks and Recreation announced. Hiatt is serving as the first park superintendent of the state natural area, which was previously managed by staff at Grandfather Mountain State Park.

    A park superintendent oversees operations and administration at a park and has a wide range of responsibilities that include staffing, law enforcement, planning, resource management, education, and visitor services. At a state natural area transitioning from being managed by another state park, priorities will be hiring staff, monitoring accesses, marking boundaries, and overseeing natural resource projects and conservation efforts.

    Hiatt is being promoted from a ranger position at Chimney Rock State Park. A native of Greensboro, he attended the University of North Carolina at Greensboro and received a bachelor’s degree in parks and recreation management. He worked for the Greensboro Parks and Recreation Department while in college and later also worked in maintenance for Forsyth County Parks and Recreation Department’s Triad Park.

    Hiatt began his career with the division as an environmental education instructor at Haw River State Park, taking a break in between seasons to hike the entire Appalachian Trail. In 2016, he joined Dismal Swamp State Park as a park ranger, before heading out west to Chimney Rock. After a few years there, he was promoted to lead natural resource ranger at the park. Hiatt holds a pesticide applicator license and an intermediate law enforcement certificate. He is also currently serving as the chair of the division’s interpretation and education council.

    “We are thrilled to have a park superintendent at Yellow Mountain State Natural Area, which at nearly 4,000 acres is one of the larger units in the state parks system,” said Deputy Director of Operations Kathy Capps. “Joe’s dedication to natural resource management, education, and law enforcement has been evident in his many years of service for State Parks. We look forward to him taking on the challenge of shaping the future of Yellow Mountain.”

    Yellow Mountain State Natural Area comprises three land parcels spanning two counties and 3,805 acres of mountain landscape near the Tennessee border. Part of the Roan Mountain highlands, it is one of the most biologically diverse areas in the southern Appalachians, home to many rare and endangered species, including the golden-winged warbler. Though the state natural area is named after Big Yellow and Little Yellow mountains, it includes a number of high-elevation heath balds and mountain peaks.

    The state natural area has been open under the management of Grandfather Mountain State Park but has sustained significant damage due to Hurricane Helene. It does not have public facilities, but the division is working on repairing the existing storm-damaged roads and assessing the landscape for potential passive recreation opportunities.

    About North Carolina State Parks
    North Carolina State Parks manages more than 264,000 acres of iconic landscape within North Carolina’s state parks, state recreation areas and state natural areas. It administers the N.C. Parks and Recreation Trust Fund, including its local grants program, as well as a state trails program, North Carolina Natural and Scenic Rivers and more, all with a mission dedicated to conservation, recreation and education. The state parks system welcomes more than 19 million visitors annually.

    About the North Carolina Department of Natural and Cultural Resources
    The N.C. Department of Natural and Cultural Resources (DNCR) manages, promotes, and enhances the things that people love about North Carolina – its diverse arts and culture, rich history, and spectacular natural areas. Through its programs, the department enhances education, stimulates economic development, improves public health, expands accessibility, and strengthens community resiliency.

    The department manages over 100 locations across the state, including 27 historic sites, seven history museums, two art museums, five science museums, four aquariums, 35 state parks, four recreation areas, dozens of state trails and natural areas, the North Carolina Zoo, the State Library, the State Archives, the N.C. Arts Council, the African American Heritage Commission, the American Indian Heritage Commission, the State Historic Preservation Office, the Office of State Archaeology, the Highway Historical Markers program, the N.C. Land and Water Fund, and the Natural Heritage Program. For more information, please visit www.dncr.nc.gov.
    Feb 13, 2025

    MIL OSI USA News

  • MIL-Evening Report: Want to make sure you don’t swelter in your next home? Check these 12 features before you rent or buy

    Source: The Conversation (Au and NZ) – By Sarah Robertson, Research Fellow, Centre for Urban Research, RMIT University

    Harley Kingston, Shutterstock

    Hot on the heels of the warmest spring on record, Australia is baking through another scorching summer. Heatwaves around the country contributed to the second-warmest January on record. Hot, dry, windy weather again swept across the country this week.

    Finding a home that stays cool in this heat is a real challenge. Homebuyers and renters face two problems: a shortage of heat-resistant homes, and a lack of reliable, independent information about how homes perform in the heat.

    So, how can you avoid buying or renting a “hot box”? Here’s a handy list of 12 features to check next time you’re searching for a place to live.

    Ask these 4 questions before you inspect

    1. Does the house have insulation? Ceiling, wall and underfloor insulation seals the indoor environment, slowing or preventing heat from leaking in or out.

    2. Does it have double-glazed windows? Insulated glass, made from two or more window panes with a space in between, keeps heat out in summer and inside during winter.

    3. How big is the house? Australian homes are among the largest in the world. Cooling a large home with air conditioning can be costly. Check the floor plan to see if you can shut doors and close off internal spaces, so you only cool the parts you need during hot spells.

    4. Has the house had an energy and thermal performance assessment? The Residential Efficiency Scorecard is delivered by the Victorian government on behalf of all Australian governments. The report, undertaken by an accredited assessor, rates a home’s energy use and comfort, and recommends improvements. Other assessments also exist.

    Look for these 8 things during an inspection

    1. Check the colour and nature of external walls, roof and surrounding surfaces. Dark-coloured roofs or walls, and other hard surfaces such as concrete, absorb more heat. This heat builds up during the day and radiates out at night, causing what’s known as the heat island effect.

    2. Look at internal floors and surfaces. Brick walls or concrete surfaces inside can be a good thing, if the hot weather doesn’t last too long. That’s because the home will take longer to heat up. But these heavy materials will also take longer to cool down once the heatwave is over. Good ventilation may compensate for that.

    3. Consider the size and position of windows and doors. Openings on each side of rooms and the house as a whole allows cooling through natural ventilation. You can open up the house and let the cool air flow from one side to the other during the night, or once the cool change comes. Security doors and fly screens will keep insects and potential intruders out.

    4. Is there external shading, such as blinds or greenery? Ensuring windows and walls are shaded on the outside is the best way to keep the heat out, particularly on the west-facing side. Large unshaded glass windows facing north and west can cause the home to heat up in summer. Vertical blinds work well on west-facing windows. On the north side, horizontal shading such as a pergola blocks out the sun in summer – when it is higher in the sky. It also lets the sun in during winter when the sun is lower in the sky, to gently warm the home.

    5. Check for ceiling fans. Ceiling fans cool a home and use little energy. Check how many are installed and where they are located. Ceiling fans are ideal in living spaces, but also work well in bedrooms to help you stay comfortable on hot nights.

    Ceiling fans can make you feel cooler without costing a lot of money.
    Artazum, Shutterstock

    6. Investigate the air-con. If the house has air-conditioning, ask about its age, and look up its energy rating on energyrating.gov.au.

    7. Consider garden spaces. Plants and trees can creating a “microclimate” around your home, keeping it cool. Also look at the landscape beyond the property – a tree-lined street can reduce temperatures and improve thermal comfort during a heatwave.

    8. Note the position of the afternoon sun. Visit potential homes during the mid-late afternoon or check the sun’s path through the home – perhaps using a sun tracking app. If air conditioners are turned on, consider what this might mean for energy bills. What would the home feel like without it? Are there other ways to keep the building cool?

    For more information about home energy efficiency, visit YourHome, Renew, Scorecard, and read the Cooling your Home report.

    Passive Cooling (Your Home)

    Setting higher standards

    Most Australian homes perform poorly when it comes to maintaining a comfortable temperature range indoors. This is particularly true for those built before the 1990s, when minimum energy performance standards were introduced. But these standards set a low bar compared with those overseas.

    This, coupled with the absence of requirements for landlords or sellers (except in the ACT) to have the home assessed or declare a rating, means buyers and renters are left in the dark when it comes to making informed choices.

    Renters and lower-income households are at greatest risk of living in a home that is too hot or too cold. The private rental stock in Australia is among the poorest, most uncomfortable housing in the Western world.

    While the ACT has introduced minimum energy efficiency standards for rental properties, standards across the country contain few provisions that promise improved thermal comfort.

    Until the regulatory landscape changes and energy performance must be disclosed, we hope these tips will help you avoid the worst of Australia’s hot boxes.




    Read more:
    Victorian households are poorly prepared for longer, more frequent heatwaves – here’s what needs to change


    Sarah Robertson has received funding from various sources, including the Lord Mayor’s Charitable Foundation and the Fuel Poverty Research Network. She has benefitted from Australian Research Council, Victorian government and various local government and industry partnerships to support research related to this topic.

    Nicola Willand receives funding for research from various organisations, including the Australian Research Council, the Victorian state government, the Lord Mayor’s Charitable Foundation, the Future Fuels Collaborative Research Centre and the National Health and Medical Research Council. She is a trustee of the Fuel Poverty Research Network charity and affiliated with the Australian Institute of Architects.

    Ralph Horne has received funding from various sources including the Australian Research Council, the Australian Housing and Urban Research Institute and the Victorian government to support research related to this topic.

    Trivess Moore has received funding from various organisations including the Australian Research Council, Australian Housing and Urban Research Institute, Victorian government and various industry partners. He is a trustee of the Fuel Poverty Research Network.

    ref. Want to make sure you don’t swelter in your next home? Check these 12 features before you rent or buy – https://theconversation.com/want-to-make-sure-you-dont-swelter-in-your-next-home-check-these-12-features-before-you-rent-or-buy-249494

    MIL OSI AnalysisEveningReport.nz